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Hyatt Purchase

T

tsunami

Guest
Joined
Feb 20, 2009
Messages
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Location
California
Hi, I'm very interested in buying Hyatt resorts. I've been reading up on all the threads re Hyatt and have learned a lot. I'm looking to purchase 2000 or 2200 pt weeks.

First i just wanted to say that I have no idea there are so many good nuggets of information that's in here . And I'm blown away by all the owners' willingness to share their stories/advice and help steer newbies like me in the right direction. I'm appreciative of folks like Carmel85, Kal, DeniseL, bdh, etc. just to name a few.

I think I have most of the information to start the buying process except in couple areas that the information was shared usually via PM (for good reasons). One is ROFL and the other is using trust or LLC as the title name. I would appreciate whatever information people can PM me on regarding ways to make my offer much less attractive to developers and the benefits of using a trust as the title name.

Thanks!!
 
I know many owners who place the ownership into a Trust. The only problem is that any future HVC purchases should have the exact same ownership name. But of course that would be the same issue if you did not use the Trust.

With regard to creating a challenge for Hyatt to take the sale on ROFR just be careful that you don't end up in a fraudulent transaction. Right now would be an excellent time for a purchase as Hyatt has substantially backed off from taking ROFR sales. In Key West, Hyatt closed their sales center and eliminated numerous sales/marketing positions. From what I hear from Hyatt the only interest would be the 2200 point weeks.
 
Thanks, Kal!

That's what I'm hearing too that it's a good time to buy. And given the feedback I've received so far on ROFR, I'll not worry too much about it. If it does not happen, then I'll look for another purchase.

I'll be doing some Hyatt hunting! :)
 
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