Help with Ebay auction - RTU points in Mexico

[jdavidian]

http://cgi.ebay.com/244K-EL-CID-POI...52|39:1|66:3|65:12&_trksid=p3286.c0.m14.l1318

I am wondering if this is as good as it sounds.. I'm an owner right now and bought from the developer (I know, my mistake) but I got a small package and would like more points and I'm going resale the second time around.

Couple questions:

1. Anyone know why the maintenance fees are so low for so many points? Am I missing something? It can't be just because it's Mexico because there was an auction for the same resort, 77,000 points annually, with maintenance fees of $500 a year and this $700 for more than 3 times the points. It's a right to use until 2018 so maybe that's why because the 77,000 point one was RTU for 2028 - 10 more years. I don't know if that's why.

2. Is RTU any different than deeded points (other than the fact that it ends at some point and is not good forever.)? For the next 2 years, would I be able to use those points the same way I use my deeded points I have now? Anything I should know before buying RTU?

3. Can I combine the 244,000 RTU points with my 210,000 deeded points to get a resort that is 300,000 or do I need to use them separately since one is RTU and one is deeded?

4. Also, people mentioned doing due diligence before buying anything on ebay. Any suggestions for what kind of research I should do and where I should start other than looking at the seller's ebay feedback? Should I look up the closing company somewhere on google?

Thanks for the help.

Jill

 

[Jya-Ning]

Not an owner, so take with caution.

I believe the Mexico TS MF is construct as 3 layers

FSP membership fee + El Cid Membership Fee + MF per point * total point.

Few years ago, I believe the El Cid Membership Fee is fixed amount, and pretty hefty. Since you have your MF, you can do some simple calculation and get the MF per point. I will guess it is somewhere around 1.2 to 1.8 range.

If you buy it, you will have over 300k, so your FSP membership will be lower per point. The combined result will push it to $.5 per 1k points.

Assume your old one is pure deed, from the moment you get the contract into your account, it will run for 454k, until 2018, then from 2019 on you are revert back to your old point number.

When used, it does not matter.

Notice that Mexico transfer is very slow, I heard it over 8 month or longer. Since you already has the account, you may want to talk to the seller after you success bid and pay, to have them transfer all the point from this year, and maybe next year (which you need to talk to closing company, and probably need to prepay 2009 MF) to your account, so you can start to use them.

Jya-Ning