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I was contacted in regard to a deal for Redweek 4 bedrooms at Massanutten Woodstone for $2400 with 131,000-137,000 Points. Is this a good deal?

yoneko

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Hello, I got contacted by a seller and for $2400 including transfer and closing costs, they would like to sell a week 26 Deluxe unit at Woodstone that has been converted to 130,500 points (66,500 and 64,000) home week in 2023 is july 1-8. MF in 2022 were $959. For the same price they have a week 27 Woodstone that has been converted to 137,000 points (70,000 and 67,000) home week in 2023 is July 8-15. MF in 2022 were $991. My points/usage would start in 2023 as would my MF's. LT transfers would do the transfer. Is this a good deal or should I wait for Regal Vistas red week 178,000. I would love to travel around the world with my family of 4 (2 adults; 2 kids).
 

The Colorado Kid

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For comparison tochoa has a Regal Vista 4BR 178K RCI points up on eBay for buy it now price of $2699.
 

rickandcindy23

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I have been divesting of RCI Points. A lot of others are too because I have never seen so many Grandview for sale. At one time, I had over 500K annual in RCI Points between Australia, Presidential Villas at Plantation Resort in SC, and Foxhills in WI. It costs a lot to book Wyndham Shearwater for two weeks, plus I was getting Disney inventory for us and the kids.

There are still some great things in RCI, but ongoing searches are necessary for places like Door County, WI or Marco Island. But they do work, and I am glad of it. I do not have enough II deposits for our 22 weeks of travel a year (now we own 5 weeks on Maui that we always use ourselves).
 

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For comparison tochoa has a Regal Vista 4BR 178K RCI points up on eBay for buy it now price of $2699.
I saw that. Do you think that is a great deal with all of the MF fees you have to pay after purchasing? It will come up to over $5,000 up front plus you have to pay MF for 2023.
 

yoneko

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I have been divesting of RCI Points. A lot of others are too because I have never seen so many Grandview for sale. At one time, I had over 500K annual in RCI Points between Australia, Presidential Villas at Plantation Resort in SC, and Foxhills in WI. It costs a lot to book Wyndham Shearwater for two weeks, plus I was getting Disney inventory for us and the kids.

There are still some great things in RCI, but ongoing searches are necessary for places like Door County, WI or Marco Island. But they do work, and I am glad of it. I do not have enough II deposits for our 22 weeks of travel a year (now we own 5 weeks on Maui that we always use ourselves).
Are you saying that you think Grandview is a better deal than Massanutten?
 

rickandcindy23

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Are you saying that you think Grandview is a better deal than Massanutten?
No, not saying that. I have no skin in this game. There are just a lot of RCI Points for sale at many resorts. The Grandview points are something I always wanted because the MF's have stayed very low.

As far as reimbursing MF's for this year, if you can use the points this year, or can handle having double the points for next year, then paying the MF's is a personal decision you need to make. You could contact the seller and maybe offer less money in closing costs or MF's to reimburse.

I think with RCI Platinum you can (still) extend your points for free, and the platinum RCI account was not that much more, so double the points for one year, and you can move the newer points each year for free. I may be wrong about that. I just pay whatever RCI tells me I have to pay, but I have been using all of my points ahead a year. I don't let them sit there unused.
 

The Colorado Kid

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I saw that. Do you think that is a great deal with all of the MF fees you have to pay after purchasing? It will come up to over $5,000 up front plus you have to pay MF for 2023.
Each listing has its own pros and cons of course...I believe the eBay listing gives you 178K RCI points right at closing and annually, which is way more than the 130K of course and would allow you to take many more trips immediately.
 

yoneko

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Each listing has its own pros and cons of course...I believe the eBay listing gives you 178K RCI points right at closing and annually, which is way more than the 130K of course and would allow you to take many more trips immediately.
True, it gives you 178,00 points for 2021 and 2022 with the payment of the MF for those years. I am not sure I can use 178,000 points by May 2023 which is when the 2021 points expire. Does anyone know how much this would retail for if it wasn't on ebay?
 

The Colorado Kid

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Marriott Surfwatch
Also wondering a bit about how you were contacted about the Redweek listing?
Just watch out for fraudsters.
 

tschwa2

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True, it gives you 178,00 points for 2021 and 2022 with the payment of the MF for those years. I am not sure I can use 178,000 points by May 2023 which is when the 2021 points expire. Does anyone know how much this would retail for if it wasn't on ebay?
Buying directly from Massanutten it would be in the $45,000 range.
 

rickandcindy23

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True, it gives you 178,00 points for 2021 and 2022 with the payment of the MF for those years. I am not sure I can use 178,000 points by May 2023 which is when the 2021 points expire. Does anyone know how much this would retail for if it wasn't on ebay?
"Retail?" No idea. To me, retail is developer, so probably $15-30K. The big selling point would be low MF's. Someone paid retail.

In 1981, we bought a timeshare in Fraser, CO, which was incredibly nice, no amenities but by a river. We bought a week 25, 3 bedroom, 2 bathroom unit. It was about $7,000. Way overpaid for that one because you cannot even give those away today. It didn't get better with time, believe me. The fees are still very low for what it is, but it's really just a place to stay. There is a hot tub in a clubhouse. No washer/dryer in the units.
 

tschwa2

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Also wondering a bit about how you were contacted about the Redweek listing? I'm not seeing anything close to what you are describing listed on Redweek for Regal Vista.
Just watch out for fraudsters.
It was a reply to a wanted to buy on Tug marketplace responding to a want ad for Regal Vista or Woodstone in points.
 

rickandcindy23

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It was a reply to a wanted to buy on Tug marketplace responding to a want ad for Regal Vista or Woodstone in points.
Hi T, I will make a decision by Monday to move forward or not on the Woodstone. This would be my first timeshare purchase and I want to make sure what I am doing. I almost made a $10,000 mistake by buying directly from Massanutten. Thanks to TUB members I rescinded in time.
I do remember seeing on ebay listings where the MF was paid and you get free points starting out and I am trying to decide if I want to wait for something like that or not. I do think your offer is fair though. I am not sure how many RCI points I need for a family of 4 but 130,000 might be a good starting point. What have you been able to do with 130,000 annual points?
 

tschwa2

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Last week I was in Ocean City at Lighthouse point Villas, about 3 blocks from the ocean for 37,000 for the week (2 BR) plus $259 exchange fee and $90 resort fee. Tomorrow night, I am headed to Virginia Beach Ocean Key resort for 13 nights for 117, 500 points in a 2 BR across the street from the ocean for $259 exchange fee and a $64 housekeeping fee for not staying the full second week. I have a 3 BR ocean front in Myrtle Beach booked for next May for 85,000 plus exchange fee and resort fee.

It is hard to say exactly what it would get you because points resorts during prime time can range from 40,000-100,00+ per week depending on how many points rci awards the resort. At the very least you should be able to get 1 week (and maybe 2) in a prime summer beach location (if you are lucky enough to get one which may require an ongoing search or more) plus 1-2 last minute trips to Massanutten. We often do either 2 partial weeks (only using 4 nights of the week) or 1 partial week plus 1 full week depending on what else we book.
 

yoneko

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Last week I was in Ocean City at Lighthouse point Villas, about 3 blocks from the ocean for 37,000 for the week (2 BR) plus $259 exchange fee and $90 resort fee. Tomorrow night, I am headed to Virginia Beach Ocean Key resort for 13 nights for 117, 500 points in a 2 BR across the street from the ocean for $259 exchange fee and a $64 housekeeping fee for not staying the full second week. I have a 3 BR ocean front in Myrtle Beach booked for next May for 85,000 plus exchange fee and resort fee.

It is hard to say exactly what it would get you because points resorts during prime time can range from 40,000-100,00+ per week depending on how many points rci awards the resort. At the very least you should be able to get 1 week (and maybe 2) in a prime summer beach location (if you are lucky enough to get one which may require an ongoing search or more) plus 1-2 last minute trips to Massanutten. We often do either 2 partial weeks (only using 4 nights of the week) or 1 partial week plus 1 full week depending on what else we book.
[/QUOT
Nice, have you gone to other countries as well? I would like to go to one new country a year (e.g., Antigua, Barbados, London, France, Dubai, etc.) Or do timeshares work better nationally? I don't have access to the RCI database so I really don't know these things.
 

yoneko

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Nice, have you gone to other countries as well? I would like to go to one new country a year (e.g., Antigua, Barbados, London, France, Dubai, etc.) Or do timeshares work better nationally? I don't have access to the RCI database so I really don't know these things.
 

rickandcindy23

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Wyndham Platinum Founders(cough,gag). RCI, Shell, and WorldMark points. Disney's OKW and SSR pts; Marriott's Willow Ridge (4);Val Chatelle (7); Hono Koa (3); SBP lots and lots, SDO a few; Grand Palms (selling those). WKORV-OF (2).
Nice, have you gone to other countries as well? I would like to go to one new country a year (e.g., Antigua, Barbados, London, France, Dubai, etc.) Or do timeshares work better nationally? I don't have access to the RCI database so I really don't know these things.
Anyone can see the RCI resort directory. I think you just go to RCI.com
 

The Colorado Kid

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Westin Riverfront
Christie Lodge
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Grand Timber Lodge
Indian Palms
Massanutten
Park Regency
Valdoro Mountain Lodge
Marriott Surfwatch
Someone bought the 178K 4BR Regal Vista on eBay.
 
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