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HICV Question - What should I do?

MoneyBear

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Jul 18, 2018
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Resorts Owned
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I have 5 properties with HICV that I've listed below. I'm considering sitting through another Sales Weasel pitch in order to trade the "equity" (HA!) in one of my properties for a piece of their "property trust". My original purchase was the Piney Shores deed and I bought it for the bonus time which is rapidly becoming less of a benefit but I can't see myself letting it go even with the higher booking costs. I've indicated the ones that I think make more sense to drop but I'm interested in hearing others' opinions on it. Thanks in advance!

My reasoning is this:
  • Most of my points are resale and I want to gain the 300k point status bump.
  • My maintenance fees on the first 3 properties are relatively high IMO and I'm hoping/wondering if the maintenance fees on the property trust will be lower.
  • I really don't need 383k points. 300k would get me where I want to be.
My questions are as follows:
  1. What kind of purchase or trade am I going to have to make for my point to count?
  2. How much credit are they going to offer me for any points I trade in?
  3. Does anyone know what the MFs on the property trust are?
Properties owned:
  • 15k points @ Lake Geneva ($120.12/yr Maintencance Fee)
  • 92k @ Gatlinburg ($801.66 MF)
  • 120k @ Piney Shores ($872 MF) - Bonus Time on this one.
  • 81,250 @lake Geneva ($438 MF)
  • 75k @ Lake Geneva ($475 MF)
 
1. Im guessing 180,000 points since I'm assuming only your Piney Shores was actually bought from a developer.
2. Zero equity if not bought from developer
3. I believe trust points have a maintenance in the .008 a point range 100,000 points would be around $800.
 
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