Helping a friend get rid of her TS

[maggiesmom]

Well finish meeting and reading all her paperwork.
The salesperson moved their lips are told a big whopper.
I have verified everything below:
She has a biannual, not Annual
They put more on her cc for down payment than what she was told. Found this in the paperwork.
To use her week- RCI/Resort told her that she had to deposit for week in RCI in order to get the points for stay. This is not true , she has a fixed week, not points like she was told.

She could list on tug. It was totally up to her.
She has decided to go with the company, I know of..
She called , no upfront fees, very reasonable fee only after the sale goes through.
She happy and I showed how many people on this board was willing to help and,all the advice.

She told me to say - Thank you from the bottom of her heart, for everything
You guys have helped 1 more person find the light after the dark.

Thank you.
maggiesmom

 

[silentg]

Good Luck to your friend. Has she at least used it at all?

 

[Jan M.]

Well finish meeting and reading all her paperwork.
The salesperson moved their lips are told a big whopper.
I have verified everything below:
She has a biannual, not Annual
They put more on her cc for down payment than what she was told. Found this in the paperwork.
To use her week- RCI/Resort told her that she had to deposit for week in RCI in order to get the points for stay. This is not true , she has a fixed week, not points like she was told.

So, I told her about a company that helped me with me first TS that I wanted to get rid of.
Or she could list on tug. It was totally up to her.
She has decided to go with the company.
She called , no upfront fees, very reasonable fee only after the sale goes through.
She happy and I showed how many people on this board was willing to help and,all the advice.

She told me to say - Thank you from the bottom of her heart, for everything
You guys have helped 1 more person find the light after the dark.

Thank you.
maggiesmom

While you're together have her log into her account to see if it shows a point balance. All points owners own an underlying week that gives them their points. This can be confusing when you're looking at her paperwork because it will show week x which may lead you and her to believe she has a fixed week. She may or may not. She's more likely to find a taker for it and quicker if it is a points week.

 

[maggiesmom]

We did check and it's a fixed week on the deed and in her account.

 

[Jan M.]

I'm not as knowledgeable about RCI weeks accounts but hopefully other weeks owners will give their input and correct anything in the following that I'm mistaken about.

She might want to go ahead and deposit her week for trade now. She'll get TPUs, Trading Power Units, for it that can be used to book any available inventory. I'm under the impression that the sooner you deposit your week for trade the more TPUs you will likely get for it than If you wait. Also depositing the week to get TPUs gives you longer to use them. Like an additional year or maybe two. And I think those TPUs will transfer to the new owner. This part I'm really not sure about but I thought someone posted that you can keep your weeks account and those TPUs rather than transferring them to the new owner. That would give her some use of what she paid for rather than the whole thing being a dead loss.

In the meantime she can book and use any last call weeks and take advantage of any current promotions if she's able to travel within 45 days of less. It will take at least that long to get the deed transferred and the new owner to get ii into their RCI account.

Speaking of the new owner getting their RCI account set up. Hopefully the reseller she plans to work with will handle that for both her and the buyer. If not the new owner will need to call Vacation Village corporate office to get the contract out of her Daily Management account and into the new owner's account. It doesn't just automatically happen. Daily Management is the management company for all Vacation Village resorts. If she's using LT Transfers to do the closing they just handle the transfer of the deed. You're on your own to get the RCI account set up and the transfer from one account to the other done.

 

[maggiesmom]

She has decided what she wants to do.
I am not going to tell her no don't sell, learn to use what you have.
It's her decision to do what she wants to do with it.
I just helped her with your comments and suggestions, but at the end it was her final choice.
Please no more comments .

 

[Jan M.]

She has decided what she wants to do.
I am not going to tell her no don't sell, learn to use what you have.
It's her decision to do what she wants to do with it.
I just helped her with your comments and suggestions, but at the end it was her final choice.
Please no more comments .

Please ask the moderators to close this thread.

 

[maggiesmom]

Moderator please close thread. Thank you.

 

[bnoble]

Before the thread is closed...disposing of this is not a terrible idea. This resort does very well in RCI Points, but it harder to get good value with it in RCI Weeks.

 

[dioxide45]

Moderator please close thread. Thank you.

Using the report button. Moderators don't read every thread.

 

[Karen G]

Closed at OP’s request