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HICV Question - What should I do?

MoneyBear

newbie
Joined
Jul 18, 2018
Messages
14
Reaction score
3
Points
13
Resorts Owned
Holiday Inn Club Vacations
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)
 

Bmatrose

TUG Member
Joined
Apr 1, 2016
Messages
321
Reaction score
90
Points
138
Resorts Owned
HICV Elite
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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