19) Can you summarize the difference between owning a 1) DEVELOPER unit and owning a 2) MANDATORY resale and a 3) VOLUNTARY resale unit?
If you buy from the developer:
•You will pay top dollar - and lose 50-95% when you walk out the door
•You can convert your week to StarPOINTS (hotel points) - a poor value most of the time - sometimes valuable for Europe or special airline deals.
•You can trade for other timeshares in the Starwood system
•You can make a reservation at your home resort
•You can trade for Starwood resorts, and other resorts with an exchange Co. (Interval Acct. is included in your SVN membership)
•You will pay a yearly SVN membership fee of approximately $130
If you buy a mandatory resort - resale:
•You will pay less - but still a significant price (thousands of dollars for a high season week - much less in Florida)
•You can't convert your week to hotel points.
•You can trade for other timeshares in the Starwood system using Staroptions.
•You can make a reservation at your home resort
•You can trade for Starwood resorts, and other resorts with an exchange Co.
•You will pay a yearly SVN membership fee of approximately $130
If you buy a voluntary resort - resale:
•You can often get a week totally free
•You can't convert your week to hotel points
•You can't trade for other timeshares in the Starwood system
•You can make a reservation at your home resort
•You can trade for Starwood resorts, and other resorts with an exchange Co.
•You will not pay a yearly SVN membership fee