Cheapest Maintenance

[mdennis]

I am looking to purchase Wyndham resale points and want to get the cheapest maintenance I can. Is there a site showing maintenance rates for the different resorts?

 

[Tia]

Cheap isn't not always the best, esp if they are underfunded in reserve funds.

 

[jjmanthei05]

wyndhamowners.org has a spreadsheet that is maintained there with the different MF.

Jason

 

[ronparise]

look at National Harbor, Las Vegas, and San Francisco. There are also great deals among the converted fixed weeks,,,look for the larger units in prime season

Be aware that the lower mf (more desirable) properties will cost you more to buy than the higher mf (less desirable) properties. I amortize my purchase price over 5 years and add it to the mf to compare one potential purchase with another....

to add to what was said in an above post; low mf is not the only criteria I use....There are a couple of resorts that I want for ARP and Ill pay a lot more (mf and purchase price) for these

 

[momeason]

look at National Harbor, Las Vegas, and San Francisco. There are also great deals among the converted fixed weeks,,,look for the larger units in prime season

Be aware that the lower mf (more desirable) properties will cost you more to buy than the higher mf (less desirable) properties. I amortize my purchase price over 5 years and add it to the mf to compare one potential purchase with another....

to add to what was said in an above post; low mf is not the only criteria I use....There are a couple of resorts that I want for ARP and Ill pay a lot more (mf and purchase price) for these

National Harbor and San Francisco are still selling, therefore subsidized m/fees. do not know how high they will be later. Do not know if there is a Las vegas property that is sold out.

 

[vacationhopeful]

EBAY listing - price is going up - BEWARE of SA.

There is currently a Wyndham 231,000 points contract at Sea Gardens listed with MFs for 2012 at $899.13.

The 231,000 points contract is MOST LIKELY a converted Fixed Week of a Prime season Waterfalls unit. Waterfalls has a 2011-2012 Special Assessment with the first $650 payment having a 2011 due date and the 2012 MOST LIKELY $650 payment is not yet billed or paid. I did ask the question and my answer was, the 2011 SA is paid. I re-phrased the question and specifically ASK about the 2012 payment --- no answer yet. According to the Wyndham points directory, the 231,000 points for a unit is for a lockoff unit in either Key West, Cabanas or Waterfalls. KW ONLY has 2bdr units. Cabanas has 1bdrs units (that I am famaliar with) while Waterfalls has the 2bdr lockoff units.

Bidders have bid this up to $179 with over 4 days to go --- if Tuggers are bidding, I would GET that 2012 SA as being PAID in writing from the seller and would find out with WEEK is the underlying deed ---- if you want ARP.

 

[ronparise]

National Harbor and San Francisco are still selling, therefore subsidized m/fees. do not know how high they will be later. Do not know if there is a Las vegas property that is sold out.

No one knows how high the fees will be at these resorts or any other, but in my opinion, because of the very high points requirements to stay here, and because of their urban locations (no grounds to maintain and no free parking) the mf per point will always be among the lowest in the system

 

[chapjim]

Supposedly, one of the reasons for low National Harbor's m/f was that the property has a retail component -- a large CVS in the building. The CVS, by the way, is probably the only place in NatHarbor with normal, real-world pricing.

 

[ronparise]

Jim

I agree, but thats not the only reason. National Harbor doesnt maintain the roads and other "public facilities" in the area. They are part of a master association. So they share these costs with the Gaylord and others in there. Also Wyndham dosent provide free parking. To give an idea of how much that can save on mf, consider two resorts in New Orleans....I own at the Hotel De l'eau Vive and my mf is nearly $700, And they provide parkingI also own at Club la Pension, where my fees have been about $500, ( and I think your fees at Quarter House are about the same)....but we have to pay $30 a day to park. By not providing parking National Harbor saves a lot of money.

 

[vacationhopeful]

Wyndham Sea Gardens current eBAY auction for 231,000 points

There is currently a Wyndham 231,000 points contract at Sea Gardens listed with MFs for 2012 at $899.13.

The 231,000 points contract is MOST LIKELY a converted Fixed Week of a Prime season Waterfalls unit. Waterfalls has a 2011-2012 Special Assessment with the first $650 payment having a 2011 due date and the 2012 MOST LIKELY $650 payment is not yet billed or paid. I did ask the question and my answer was, the 2011 SA is paid. I re-phrased the question and specifically ASK about the 2012 payment --- no answer yet. ....

Seller has sent me a researched answer: NO, the 2012 portion of the SA has NOT BEEN PAID. The BUYER will be responsible.

Last bid brought it up to $191.50.

Underlying deed fixed week is Week 30 Unit 217.

 

[antjmar]

Seller has sent me a researched answer: NO, the 2012 portion of the SA has NOT BEEN PAID. The BUYER will be responsible.

Last bid brought it up to $191.50.

Underlying deed fixed week is Week 30 Unit 217.

Interesting.
Just curious if Wyndham would transfer deed to new buyer if SA is past due? I thought they wouldnt transfer properties if they are past due.

 

[rrlongwell]

Interesting.
Just curious if Wyndham would transfer deed to new buyer if SA is past due? I thought they wouldnt transfer properties if they are past due.

If the Special Assessment is overdue, I am guessing that it would have to be paid prior to transfer of ownership by Wyndham. That probably means that if you are dealing with the wrong people, if you pay everything prior to the Resort accepting the change of ownership to the seller, then you might have the ownership if it is a deeded property, but not the use until the assessment is cleared up. I would think the buyer might want to see proof that no monies are overdue prior to paying anything.

 

[vacationhopeful]

Interesting.
Just curious if Wyndham would transfer deed to new buyer if SA is past due? I thought they wouldnt transfer properties if they are past due.

Not YET BILLED or DUE ... this is a case of BUYER BEWARE! SA has been approved ... part #2 id not yet due.

 

[antjmar]

Not YET BILLED or DUE ... this is a case of BUYER BEWARE! SA has been approved ... part #2 id not yet due.

Thank you rrlongwell and Linda.
I saw that I am just curious if they would transfer a deed if SA or MF were past due. Which I understand is not the case here.
Let say the SA was due 1/1/2012 would it have to be paid prior to transfer?

 

[jjmanthei05]

Interesting.
Just curious if Wyndham would transfer deed to new buyer if SA is past due? I thought they wouldnt transfer properties if they are past due.

Wyndham will transfer if there are past due fees on them. I bought a contract from an ebay reseller that had $600 in past due fees which was found out after the transfer. The seller paid for the past due fees but still you can't use Wyndham as a buffer to make sure the fees are up to date.

Jason

 

[vacationhopeful]

I am wondering IF a Tugger or two where bidding on these points. Seems after I posted about the SA and who was paying it, the bidding has stopped.

I have been looking to see if the eBAY seller has noted this under the listing section called: QUESTIONS.

 

[antjmar]

Wyndham will transfer if there are past due fees on them. I bought a contract from an ebay reseller that had $600 in past due fees which was found out after the transfer. The seller paid for the past due fees but still you can't use Wyndham as a buffer to make sure the fees are up to date.

Jason

Thanks Jason, Thats what I was wondering. The sellers make it sound like Wyndham WONT transfer unless its paid off and up to date with MF and SA, apparently this is not always the case.

 

[antjmar]

I have been looking to see if the eBAY seller has noted this under the listing section called: QUESTIONS.

:rofl:
Yeah me too! He should post it now that he knows and the buyer will be upset!