CynL
newbie
- Joined
- Mar 23, 2017
- Messages
- 14
- Reaction score
- 4
- Points
- 13
- Location
- Kansas City Metro
- Resorts Owned
-
Sheraton Vistana Resort Springs Wk 19
Vidanta Grand Luxxe Puerto Vallarta floating
1. I own a fixed week in Springs at Vistana Resort, purchased from the developer in 1997.
2. I've only traded or exchanged this through RCI.
3. I don't remember being offered opportunities to convert Starwood Flex, but if I did I was probably suspicious of it.
4. My ex quitclaimed this to my current husband and me. I filed and had the deed approved by the Orange County Comptroller.
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We just returned from using the fixed week. I requested to update Vistana to remove my ex, add my husband and change my name per the updated deed. We were told this could be done during an "Owners Update Meeting."
At the meeting, we were told we could convert the fixed week to 81,000 Sheraton Flex (options?), which would then convert to 3X their value with the Marriott purchase conversion after August 1, 2018
We'd get 81,000 in star OPTIONS for the week (equal to 42,000 star points)
Naturally they wanted us to buy MORE, when I asked about straight conversion I was told we'd have to BUY THE PROPERTY AGAIN at current "market" of $30,000+! Sheesh!
However, there would be at no charge to convert with an additional purchase.
At a cost of over $16,000 we agreed to purchase the equivalent of a 1 bedroom=44,000 annual POINTS ("Star" was not listed, it doesn't make sense that it has higher POINTS than our 2 bedroom) Then sales added 70,000 additional points.
We are rescinding the 44,000 purchase.
However, the CONVERSION FROM FIXED TO FLEX is a separate document.
Please, I need advice!!! Should we rescind the conversion as well and keep our FIXED WEEK unit? We were told that there was no way to tell how long the fixed week would be "honored" ...as if Marriott may decide to take it away.
Is holding our fixed week more valuable than having it lumped into FLEX?
SVG membership was mentioned, I believe I have a login account for SPG currently and we have the SVG point earning AMEX cards, could I earn points that way even if my unit remains a fixed unit?
We only have 1 more day to request a rescission of the contract for conversion of our unit. They may automatically rescind the conversion, but it was a separate contract by all appearances. Thanks for your help!
2. I've only traded or exchanged this through RCI.
3. I don't remember being offered opportunities to convert Starwood Flex, but if I did I was probably suspicious of it.
4. My ex quitclaimed this to my current husband and me. I filed and had the deed approved by the Orange County Comptroller.
--------------
We just returned from using the fixed week. I requested to update Vistana to remove my ex, add my husband and change my name per the updated deed. We were told this could be done during an "Owners Update Meeting."
At the meeting, we were told we could convert the fixed week to 81,000 Sheraton Flex (options?), which would then convert to 3X their value with the Marriott purchase conversion after August 1, 2018
We'd get 81,000 in star OPTIONS for the week (equal to 42,000 star points)
Naturally they wanted us to buy MORE, when I asked about straight conversion I was told we'd have to BUY THE PROPERTY AGAIN at current "market" of $30,000+! Sheesh!
However, there would be at no charge to convert with an additional purchase.
At a cost of over $16,000 we agreed to purchase the equivalent of a 1 bedroom=44,000 annual POINTS ("Star" was not listed, it doesn't make sense that it has higher POINTS than our 2 bedroom) Then sales added 70,000 additional points.
We are rescinding the 44,000 purchase.
However, the CONVERSION FROM FIXED TO FLEX is a separate document.
Please, I need advice!!! Should we rescind the conversion as well and keep our FIXED WEEK unit? We were told that there was no way to tell how long the fixed week would be "honored" ...as if Marriott may decide to take it away.
Is holding our fixed week more valuable than having it lumped into FLEX?
SVG membership was mentioned, I believe I have a login account for SPG currently and we have the SVG point earning AMEX cards, could I earn points that way even if my unit remains a fixed unit?
We only have 1 more day to request a rescission of the contract for conversion of our unit. They may automatically rescind the conversion, but it was a separate contract by all appearances. Thanks for your help!