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I think this is a good buy (eBay)

tompalm

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I just won a 5000 Pt. Gold at the Boulevard for $1075, with all closing fees paid by seller. I just have the transfer fee. I prefer Platinum, but the price difference on this is enough (even at the $3000 I was looking to pay) to cover like 20 years. Now we'll see about ROFR.

Low MFs. And, even though MF/point is higher the Platinum, the buy-in was nice, especially with no closing fees.


Cheers.
Make sure you know which closing fees are paid by the seller. They might be paying a broker to sell the resort and calling that all closing fees. Once the closing company sends the deed to Hilton, there will be more fees for membership and point activation and Hilton normally sends that to the buyer. Are they paying Hilton fees.
 

brp

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Make sure you know which closing fees are paid by the seller. They might be paying a broker to sell the resort and calling that all closing fees. Once the closing company sends the deed to Hilton, there will be more fees for membership and point activation and Hilton normally sends that to the buyer. Are they paying Hilton fees.

They are paying the closing company fee and the Resort Transfer Fee (it's in the contract). They are not paying the activation fee, and this is the only one that is charged by Hilton, IME. So that's all I'm expecting.

Cheers.
 

MattnTricia

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As an FYI It has been a while since I added to my membership and like others I thought this could be a good time.

For me I decided to hold off but the deals were not too bad.

I wanted to post that the lowest price 7000 point weeks in Scottland I could find were going to be about $4300 all in including transfer fee, HGVC add on fee and the cost of the unit. The maintenance fees have been historically much lower than US units due to the exchange rate but that is not a given to be that way long term. I currently pay about $850 per unit for 7000 points.

My target number from years past was about $3500 and I could not get close after calling around.



I got an email back from Sue Smith at Coylumbridge resales and she found me one week where I will be $3600 all in including the HGVC fee to add a week. I pulled the trigger today. If anyone else is interested she has another one that will be about $3900 all in.
 

tompalm

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They are paying the closing company fee and the Resort Transfer Fee (it's in the contract). They are not paying the activation fee, and this is the only one that is charged by Hilton, IME. So that's all I'm expecting.
———————-

Just looked at your eBay purchase. You got a good buy and smart to buy in Vegas and to buy it now. A year from now that will cost a lot more.
 

CalGalTraveler

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I just checked eBay and there are many good buys. e.g. a W57 5250 starting at $1000 (no bids), Anderson OC 5k for $1.00, District 5100pt now at $236.

In terms of sold items, someone (hopefully a Tugger) got a killer deal on W57 7K gold 1 bdrm at $1999. Wondering if that passes ROFR.
 

letsgobobby

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They are paying the closing company fee and the Resort Transfer Fee (it's in the contract). They are not paying the activation fee, and this is the only one that is charged by Hilton, IME. So that's all I'm expecting.
———————-

Just looked at your eBay purchase. You got a good buy and smart to buy in Vegas and to buy it now. A year from now that will cost a lot more.
Why do you think it will cost more a year from now?
 

SmithOp

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They are paying the closing company fee and the Resort Transfer Fee (it's in the contract). They are not paying the activation fee, and this is the only one that is charged by Hilton, IME. So that's all I'm expecting.
———————-

Just looked at your eBay purchase. You got a good buy and smart to buy in Vegas and to buy it now. A year from now that will cost a lot more.

Optimism in the face of a pandemic recession, gotta love it! Maybe 2022.


Sent from my iPad using Tapatalk Pro
 

tompalm

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Why do you think it will cost more a year from now?
When people start traveling again there will be more demand. Just my two cents from watching sales on eBay and Tug. But the price of all timeshares really dropped in March when the pandemic hit and they should go back up when it is over.
 

gcp808

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I just won a 5000 Pt. Gold at the Boulevard for $1075, with all closing fees paid by seller. I just have the transfer fee. I prefer Platinum, but the price difference on this is enough (even at the $3000 I was looking to pay) to cover like 20 years. Now we'll see about ROFR.

Low MFs. And, even though MF/point is higher the Platinum, the buy-in was nice, especially with no closing fees.


Cheers.
Congratulations! How is your experience with seller going so far? I am thinking about bidding on a very similar listing from them, so would like to get some feedback. Thanks!
 

brp

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Well, we got notified on Friday that this passed ROFR!

They sent the invoice. I asked if I could wait until today since we were away. They said "no problem." I indicated that I wanted to pay by CC (and add the 3% fee per prior agreement) and she sent a Paypal invoice. It was to a personal email, but this actually makes some sense with real estate. She just indicated that the funds will stay in Paypal until transfer complete.

She also just sent me the full history trace from HGVC through to the owners I'm buying from and had already sent the estoppel.

From everything I can see, these guys are legit.

Cheers.
 
Last edited:

gcp808

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Well, we got notified on Friday that this passed ROFR!

They sent the invoice. I asked if I could wait until today since we were away. They said "no problem." I indicated that I wanted to pay by CC (and add the 3% fee per prior agreement) and she sent a Paypal invoice. It was to a personal email, but this actually makes some sense with real estate. She just indicated that the funds will stay in Paypal until transfer complete.

She also just sent me the full history trace from HGVC through to the owners I'm buying from and had already sent the estoppel.

From everything I can see, these guys are legit.

Cheers.
That’s such great news! Please, keep us posted.
 

brp

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When people start traveling again there will be more demand. Just my two cents from watching sales on eBay and Tug. But the price of all timeshares really dropped in March when the pandemic hit and they should go back up when it is over.

I agree. Also, HGVC are not doing ROFR now and will likely start again. We really won't need these added points until 2023 (and we can move the 2022 points to 2023 to use them). So the 2021 points and MF are a throwaway. I believe that buying now and throwing away one year's MFs will save us money over buying sa year from now.

Cheers.
 

brp

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Yep. There are a few of those popping up. I’ve got an interesting case study I may post about. Not sure if I want to give more publicity to that seller or not.

Wanted to come back to this and add another eBay seller than looks possibly suspicious. And the primary reason I say this is that they want the 2021 MFs paid to them upfront. AFAIK, that it just not the way it's done. Here's the listing (which shows the seller)


Again, not claiming firsthand knowledge here (and a search on greater TUG does not bring them up). Just based on the above.

Cheers.
 

jabberwocky

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Wanted to come back to this and add another eBay seller than looks possibly suspicious. And the primary reason I say this is that they want the 2021 MFs paid to them upfront. AFAIK, that it just not the way it's done. Here's the listing (which shows the seller)


Again, not claiming firsthand knowledge here (and a search on greater TUG does not bring them up). Just based on the above.

Cheers.
That's one of them!
 

brp

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Quick question here:

Two weeks after paying I inquired about the transfer (they've been happening in 1-2 weeks recently). The response I got was that this was still in deed recording and waiting on the deed. Does this seem exceptionally long and odd?

Cheers.
 

CalGalTraveler

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Clark County in Vegas is electronic so it should be rapid. However with Covid and the election perhaps County personnel have been temporarily diverted?
 

brp

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Clark County in Vegas is electronic so it should be rapid. However with Covid and the election perhaps County personnel have been temporarily diverted?

Election, maybe. But not Covid as I just did two within the last couple of months and they were very fast. Is there a way I can inquire about this with Clark County to see if things are in process?

Cheers.
 

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brp

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Thanks. I got further info and it seems that the seller hasn't yet done their Notarizzed documents (they will soon). Given how most participants in these transactions seem to delay things, this is one I believe :) So that's where the holdup is.

Cheers.
 

brp

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My guess we will see another leg down as MF bills arrive...

George

Boulevard arrived more than a week ago, so maybe they didn't notice :)

Cheers.
 

jabberwocky

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Boulevard arrived more than a week ago, so maybe they didn't notice :)

Cheers.
I’ve actually been surprised that we haven’t seen more coming into the market. Maybe those most financially impacted by the pandemic aren’t those who would normally own a timeshare?
 

DannyTS

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I’ve actually been surprised that we haven’t seen more coming into the market. Maybe those most financially impacted by the pandemic aren’t those who would normally own a timeshare?
The Ebay inventory is down about 40% from the pre-pandemic level. I think you are right, most timeshare owners have not been impacted. But I also think it is due to the difficulties the exit companies are going through: lawsuits and reduced direct sales opportunities (like in person presentations and meetings)
 

alexadeparis

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I think as MF come due this year and next there will be a slew of inventory, as soon as the house payments, student loans and credit card payments are back on.
 
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