BigDawgFan1969
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HELP needed!
Ok, I got roped into going to my “owner update“ last week while using my timeshare at Vistana Cascades in Orlando, and despite insisting that I would NOT buy anything, I got convinced to sign a new contract to “upgrade” into the Sheraton Flex program.
I am still within my 10-day period to rescind this contract, but I need to act fast if I’m going to cancel it.
I had a 2-BR Lockoff unit in Vistana Cascades for week 33, which I bought in 2000 under the Starwood Vistana name.
I have never used that unit week, but for many years I either used it at another tI’m e of year or deposited it as two 1-week units into RCI which I made good use of.
At that time, I was fairly happy with it.
But over the years I got divorced and my children became adults, and I foolishly and simply didn’t use it at all...
I paid the annual fees (now approx $1333), but most years I just let any and all benefits expire.
The last couple of years, I have at least used a week at Vistana Cascades.
I believe that my only options each year now are:
- reserve my Week 33
- reserve any unit week (or less nights) at Sheraton Vistana Resort in Orlando or Sheraton PGA Resort in Port St Lucie
- deposit as one 2-BR unit in an external exchange like RCI (for a fee when I use it)
- deposit as two 1-BR units in an external exchange like RCI (for a fee when I use it)
Is this correct? The sales agents told me that my unit does not convert to StarPoints, Marriott Bonvoy Points, etc.
The new contract is for 95,700 Sheraton Flex Options.
The bottom line due was $18015, plus of course the annual fees, which currently would total $1811/year (but of course will increase).
I believe that my only options each year now are:
- reserve any combination of nights up to 95,700 Options within the Sheraton Flex resort system (which would also equal a week in a 2-BR Lockoff like I own(ed) at Sheraton Vistana Resort in Orlando)
- bank my Options for future use, up to 2 years in the future (for approx $109)
- convert my Options to Marriott Bonvoy Points (for approx $159)
- deposit as one 2-BR unit in an internal exchange via Interval International (for a fee to I.I. when I use it)
- deposit as one 2-BR or two 1-BR units in an external exchange like RCI (for a fee to RCI when I use it)
I am having buyer’s remorse...
1) because of the increase annual fees, but
2) because of the $18000 required to get into the program.
I need to cut this short for now, but I can provide more info if someone needs that to help me further analyze my decision.
Time is of the essence! Thanks in advance!!!
Ok, I got roped into going to my “owner update“ last week while using my timeshare at Vistana Cascades in Orlando, and despite insisting that I would NOT buy anything, I got convinced to sign a new contract to “upgrade” into the Sheraton Flex program.
I am still within my 10-day period to rescind this contract, but I need to act fast if I’m going to cancel it.
I had a 2-BR Lockoff unit in Vistana Cascades for week 33, which I bought in 2000 under the Starwood Vistana name.
I have never used that unit week, but for many years I either used it at another tI’m e of year or deposited it as two 1-week units into RCI which I made good use of.
At that time, I was fairly happy with it.
But over the years I got divorced and my children became adults, and I foolishly and simply didn’t use it at all...
I paid the annual fees (now approx $1333), but most years I just let any and all benefits expire.
The last couple of years, I have at least used a week at Vistana Cascades.
I believe that my only options each year now are:
- reserve my Week 33
- reserve any unit week (or less nights) at Sheraton Vistana Resort in Orlando or Sheraton PGA Resort in Port St Lucie
- deposit as one 2-BR unit in an external exchange like RCI (for a fee when I use it)
- deposit as two 1-BR units in an external exchange like RCI (for a fee when I use it)
Is this correct? The sales agents told me that my unit does not convert to StarPoints, Marriott Bonvoy Points, etc.
The new contract is for 95,700 Sheraton Flex Options.
The bottom line due was $18015, plus of course the annual fees, which currently would total $1811/year (but of course will increase).
I believe that my only options each year now are:
- reserve any combination of nights up to 95,700 Options within the Sheraton Flex resort system (which would also equal a week in a 2-BR Lockoff like I own(ed) at Sheraton Vistana Resort in Orlando)
- bank my Options for future use, up to 2 years in the future (for approx $109)
- convert my Options to Marriott Bonvoy Points (for approx $159)
- deposit as one 2-BR unit in an internal exchange via Interval International (for a fee to I.I. when I use it)
- deposit as one 2-BR or two 1-BR units in an external exchange like RCI (for a fee to RCI when I use it)
I am having buyer’s remorse...
1) because of the increase annual fees, but
2) because of the $18000 required to get into the program.
I need to cut this short for now, but I can provide more info if someone needs that to help me further analyze my decision.
Time is of the essence! Thanks in advance!!!
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