MoneyBear
Guest
- Joined
- Jul 18, 2018
- Messages
- 14
- Reaction score
- 3
- 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:
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.
- What kind of purchase or trade am I going to have to make for my point to count?
- How much credit are they going to offer me for any points I trade in?
- Does anyone know what the MFs on the property trust are?
- 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)