• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 31st anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $23,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $23 Million dollars
  • Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

First MVC closing - question on odd/even weeks

Olienh

TUG Member
Joined
Feb 27, 2018
Messages
42
Reaction score
24
Location
New Hampshire
Resorts Owned
Maui Ocean Club Molokai, Maui & Lanai towers 2BR OV Annual (pending)
Hi everyone! After studying these forums for three years I have the closing paperwork in-hand for a MOC resale. It is a 2BR annual OV in the original phase. On the paperwork it lists two timeshare interests; one for even years and one for odd years. Each Interest lists a different apartment number and week number, but it DOES indicate that each is floating. I guess in the end this ends up being a floating annual week. Is this way annual weeks are normally set up? I am just checking to see if this is fishy at all before I wire money. Thanks!
 

vacationtime1

TUG Review Crew: Veteran
TUG Member
Joined
Sep 7, 2006
Messages
5,445
Reaction score
3,077
Location
San Francisco
Resorts Owned
WKORV-OF (Maui)
WKV x2 (Scottsdale)
My Waiohai "week" is the same, although I have two deeds, one for the even year, the other for the odd year.

There are two additional costs to this arrangement: an extra set of closing costs for the second deed (which you may not have, as described), and an extra $20/week/year charged for billing the eoy's.
 

TXTortoise

TUG Member
Joined
Sep 4, 2005
Messages
1,484
Reaction score
605
Location
San Antonio, TX
Resorts Owned
Maui OC Lahaina Fixed (3+)
Kauai Waiohai
Vail Streamside Birch
I guess one of the upsides is that it gives you the option to sell the even or odd year in the future if your ownership/use plans change. I'd manage it as two ownerships EOY and not think of it as an annual. Can't visualize a big difference, but you own two weeks, not one.

I know some on TUG have purchased two EOY for Maui on purpose, so maybe they will chime in as to why, other than just trying to get an annual week.
 

frank808

TUG Member
Joined
Jan 6, 2010
Messages
4,377
Reaction score
2,577
Location
Marriott Ko Olina Beach Club
Resorts Owned
Disney Vacation Club (Aulani,SSR,VGC,VGF) Hilton Grand Vacation Club(Bay Club, Kohala Suites, The District) Marriott Vacation Club (Aruba Surf Club, Grand Residence, Grand Chateau, Grand Vista,Harbour Lake, KoOlina,Willow Ridge & DC points)
I guess one of the upsides is that it gives you the option to sell the even or odd year in the future if your ownership/use plans change. I'd manage it as two ownerships EOY and not think of it as an annual. Can't visualize a big difference, but you own two weeks, not one.

I know some on TUG have purchased two EOY for Maui on purpose, so maybe they will chime in as to why, other than just trying to get an annual week.

Probably wants to stay for 2 weeks every other year rather than 1 week annually. Makes flying a little cheaper as you are only paying for a ticket every other year. Sometimes one week is not enough and you start to unwind on the 7th day. Now you have another 7 days to really relax.

Sent from my SM-T377P using Tapatalk
 

Dean

TUG Review Crew
TUG Member
Joined
Jun 7, 2005
Messages
10,730
Reaction score
4,251
Probably wants to stay for 2 weeks every other year rather than 1 week annually. Makes flying a little cheaper as you are only paying for a ticket every other year. Sometimes one week is not enough and you start to unwind on the 7th day. Now you have another 7 days to really relax.

Sent from my SM-T377P using Tapatalk
We have this setup up but for different resorts. Two EOY weeks both even, one Ko Olina and one Kauai.
 

ljmiii

TUG Review Crew
TUG Member
Joined
Mar 25, 2008
Messages
2,718
Reaction score
1,763
Location
NY, NY
Is this way annual weeks are normally set up? I am just checking to see if this is fishy at all before I wire money. Thanks!
Fishy, no. Some people buy an EOY to test the waters and then 'fill in' with the opposite year when they decide they like the resort. Having separate contracts is quite common in DVC for a number of reasons - adding on, easier to sell, the ability to bequeath to two children - but I'm not sure how much of that applies to MVC.

The only real downside I can think of is that if you ever took MVC up on their offer to enroll those weeks they count as two not one.
 

Dean

TUG Review Crew
TUG Member
Joined
Jun 7, 2005
Messages
10,730
Reaction score
4,251
Fishy, no. Some people buy an EOY to test the waters and then 'fill in' with the opposite year when they decide they like the resort. Having separate contracts is quite common in DVC for a number of reasons - adding on, easier to sell, the ability to bequeath to two children - but I'm not sure how much of that applies to MVC.

The only real downside I can think of is that if you ever took MVC up on their offer to enroll those weeks they count as two not one.
I'm pretty sure they count EOY as 1/2 for purposes of enrollment.
 

ljmiii

TUG Review Crew
TUG Member
Joined
Mar 25, 2008
Messages
2,718
Reaction score
1,763
Location
NY, NY
I'm pretty sure they count EOY as 1/2 for purposes of enrollment.
Nope. Or at least they didn't. My two EOY Waiohai weeks counted as two.

Both when MVC introduced the program (I asked and passed on the 'resale, two or more weeks price') and then later when MVC did a 'road show' in NY and offered a deal on enrolling weeks in 2015 (which I took).
 
Last edited:

Dean

TUG Review Crew
TUG Member
Joined
Jun 7, 2005
Messages
10,730
Reaction score
4,251
Nope. Or at least they didn't. My two EOY Waiohai weeks counted as two.

Both when MVC introduced the program (I asked and passed on the 'resale, two or more weeks price') and then later when MVC did a 'road show' in NY and offered a deal on enrolling weeks in 2015 (which I took).
I've seen others report that two EOY counted as one for enrollment purposes but YMMV.
 

ljmiii

TUG Review Crew
TUG Member
Joined
Mar 25, 2008
Messages
2,718
Reaction score
1,763
Location
NY, NY
I've seen others report that two EOY counted as one for enrollment purposes but YMMV.
I have two evens...so maybe if you have an odd and an even for the same unit at the same resort???
 

frank808

TUG Member
Joined
Jan 6, 2010
Messages
4,377
Reaction score
2,577
Location
Marriott Ko Olina Beach Club
Resorts Owned
Disney Vacation Club (Aulani,SSR,VGC,VGF) Hilton Grand Vacation Club(Bay Club, Kohala Suites, The District) Marriott Vacation Club (Aruba Surf Club, Grand Residence, Grand Chateau, Grand Vista,Harbour Lake, KoOlina,Willow Ridge & DC points)
When I enrolled my weeks MVC each EOY was counted as 1/2 a week.

Maybe the sales person was uninformed? I would not be buying those points if an EOY was counted the same as an annual week.

Sent from my SM-T377P using Tapatalk
 

Dean

TUG Review Crew
TUG Member
Joined
Jun 7, 2005
Messages
10,730
Reaction score
4,251
I have two evens...so maybe if you have an odd and an even for the same unit at the same resort???
As Frank said, it's more likely you were simply given wrong information and had you checked into it enough at the time, you likely could have enrolled those as one.
 

Olienh

TUG Member
Joined
Feb 27, 2018
Messages
42
Reaction score
24
Location
New Hampshire
Resorts Owned
Maui Ocean Club Molokai, Maui & Lanai towers 2BR OV Annual (pending)
I appreciate all the feedback folks! It’s great to learn from so many experienced TUGgers here!
 
Top