I Won...But Will This Clear ROFR

[WalnutBaron]

I just won this EOY at Hilton Waikoloa for $3250 with 9600 HGVC points. I doubt it will clear ROFR, but I will keep you posted!

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=270311557828

 

[icydog]

I heard that Hilton is not exercising ROFR at all anymore. Let us know if they stop this one. What a deal you got if they don't.

 

[alwysonvac]

Auction is for the Bay Club EOY

This is a HGVC affiliated resort. This is not a HGVC developed resort.
HGVC just manages the resort.

Don't know about ROFR at the Bay Club. Here's a recent thread - http://www.tugbbs.com/forums/showthread.php?t=81599

Good Luck

 

[CaliDave]

You might want to check this out little more. I didn't know that Bayclub had a 9600 point ownership. Maint fees under $900 , seems very low for this resort.. especially if it includes club fees?

 

[WalnutBaron]

You might want to check this out little more. I didn't know that Bayclub had a 9600 point ownership. Maint fees under $900 , seems very low for this resort.. especially if it includes club fees?

I contacted HCVC before I bid on this item. They did confirm that the MF's were understated. It's actually about $100 higher than what was stated in the description.

Other than that, all else (according to HGVC) was legit.

 

[AFJAY]

Hilton RORF

I am getting ready to close on 2 bedroom EY 5000 points Las Vegas on the Strip and the agent we are working with, the day prior to ours 4 of her contracts were bought back by Hilton RORF. Ours came back the next day and it passed. This was about a week ago. I believe 3 of the 4 were platinum and one gold. Don't know any further details.

Good luck

 

[CaliDave]

I contacted HCVC before I bid on this item. They did confirm that the MF's were understated. It's actually about $100 higher than what was stated in the description.

Other than that, all else (according to HGVC) was legit.

I'm guessing this is a 2bd platinum.. and unless HGVC changes the point totals. I could swear its 7000 points? Unless you get lucky and its actually for the new Waikoloa? Unless they have a penthouse or something?

For your sake, I hope the seller and HGVC is correct. Its a fantastic deal if you get 9600 EOY points for that price

Last I heard a couple years ago, Bayclub wasn't buying anything back with ROFR.. I doubt that has changed.

 

[WalnutBaron]

I spoke today with the closing company. They confirmed that this is indeed a 9600-point purchase in what Hilton calls a "2-bedroom premiere" at the Bay Club.

I was very impressed with the representative I spoke with at the closing company (name is "The Timeshare Company" out of Wisconsin). She was well-informed, professional, and told me that they work closely with Hilton and that--in 15 years working with Hilton--they have never had a purchase taken by Hilton on a ROFR basis.

I'm optimistic!

 

[ricoba]

this is indeed a 9600-point purchase in what Hilton calls a "2-bedroom premiere" at the Bay Club.

I see you own at Westin Princeville, while HGVC may call these units at Bay Club premier, having stayed in one, I am sure they will not meet the same definition of premier that your Westin resort will be.

Having said that, hopefully this goes through for you.

 

[Sandy VDH]

I spoke today with the closing company. They confirmed that this is indeed a 9600-point purchase in what Hilton calls a "2-bedroom premiere" at the Bay Club.

I was very impressed with the representative I spoke with at the closing company (name is "The Timeshare Company" out of Wisconsin). She was well-informed, professional, and told me that they work closely with Hilton and that--in 15 years working with Hilton--they have never had a purchase taken by Hilton on a ROFR basis.

I'm optimistic!

Don't be too impressed with the rep, as the info you presented is impossible.

Bay Club only has 1 BR, 2 BR and 2 BR PLUS units. There are NO 2 BR Premium units at the Bay Club.

If you got a 2 BR+ the point value is 8400.

Have them go back and check again.

 

[Bill4728]

Don't be too impressed with the rep, as the info you presented is impossible.

Bay Club only has 1 BR, 2 BR and 2 BR PLUS units. There are NO 2 BR Premium units at the Bay Club.

If you got a 2 BR+ the point value is 8400.

Have them go back and check again.

There are 2 bed premier units next store at HGVC Waikoloa with a pt value of 9600. If you somehow got that instead of the Bay Club, That would be a steal!!.


BUT HGVC would likely take it back with ROFR.

 

[CaliDave]

If for some reason it turns out to be 8400 points.. ask them for $1K back.. its still a fantastic deal

 

[jlee2070]

whatever the description as long as it really is 9600 points w/ HGVC... This is a GREAT DEAL... CONGRATS!!!

 

[Emi]

Hello
Congratulations on your win, but I was suspicious of this listing when I saw it on eBay. They list unit 1031 which is a one BR 3 floor unit in building 10. I asked fro clarification and they only said it is 9600 points but I would have to join the club. There are no 9600 point units at Bay Club. If this is a 2Br 8400 villa unit, that would be great. I wonder if it is 2 one bedroom units which would add up to 9600 points but you maintenance fee would be much much higher.

You should get the unit number from them before proceeding.

Good luck. Let us know how it turns out.

 

[WalnutBaron]

Thank you for all the good advice from all of you experienced TUGgers. Since I am a newbie in the Hilton system and how things work, I certainly have a lot to learn. I will contact the closing company and ask them to clarify these issues and let all of you know. We'll see how this pans out...

 

[annenp]

I'm guessing this is a 2bd platinum.. and unless HGVC changes the point totals. I could swear its 7000 points? Unless you get lucky and its actually for the new Waikoloa? Unless they have a penthouse or something?

For your sake, I hope the seller and HGVC is correct. Its a fantastic deal if you get 9600 EOY points for that price

Last I heard a couple years ago, Bayclub wasn't buying anything back with ROFR.. I doubt that has changed.

the ebay ad shows 9600 biannual points.

 

[annenp]

I spoke today with the closing company. They confirmed that this is indeed a 9600-point purchase in what Hilton calls a "2-bedroom premiere" at the Bay Club.

I was very impressed with the representative I spoke with at the closing company (name is "The Timeshare Company" out of Wisconsin). She was well-informed, professional, and told me that they work closely with Hilton and that--in 15 years working with Hilton--they have never had a purchase taken by Hilton on a ROFR basis.

I'm optimistic!

you understand the ebay listing shows 9600 biannual points......

 

[WalnutBaron]

Yes, I do. In my original post, that's what I indicated I'd bid on and won. I will check with the closing company tomorrow on this and see if I can get the confusion unraveled.

 

[annenp]

Yes, I do. In my original post, that's what I indicated I'd bid on and won. I will check with the closing company tomorrow on this and see if I can get the confusion unraveled.

either way - congratulations -- nice pick up.

 

[alwysonvac]

you understand the ebay listing shows 9600 biannual points......

Lots of ads use the word biannual when they actually mean biennial (or Every Other Year (EOY))

 

[WalnutBaron]

Okay...I got some clarification this morning from the closing company. They said that prior to accepting a timeshare week from the seller, they verify with Hilton the accuracy of the information in the eBay ad. In this case, both my fellow TUGgers and the closing company are correct:

The 9600 points I am purchasing IS accurate. What is happening is that I am actually purchasing two ownerships that, combined, total 9600 HGVC points.

I asked whether this combined ownership would result in higher MF's than were advertised, and the closing company again confirmed that--based on their discussion with HGVC--the MF's were accurate at the time they accepted this item from the seller. Of course, those MF's were based on 2008 rates; the 2009 MF's will likely be higher.

Does this make sense to all of you HGVC experts? Any additional advice you can offer would be most appreciated! Thanks again for all your help.

 

[short]

I went to the Bay Club annual meeting on Nov 20. I will give a longer report but looking at my MF invoice for a 2 bedroom of $1,228 and the budget for a one bedroom looks like $890. It looks like the MF quoted in the ebay ad is for 1 one bedroom unit not 2.

The Bay Club will be starting a complete soft goods refurb in about 2010 and is expecting to have a small assessment to complete all units. About $300 per annual unit and $150 for a EOY. I believe these were quoted for a 2 bedroom unit.

Short

 

[ricoba]

The Bay Club will be starting a complete soft goods refurb in about 2010 and is expecting to have a small assessment to complete all units. About $300 per annual unit and $150 for a EOY. I believe these were quoted for a 2 bedroom unit.

Short

Well from our experience at the Bay Club, the renovation is past due.

We of course really liked the size of the unit, but boy oh boy was it outdated!

 

[krj9999]

Okay...I got some clarification this morning from the closing company. They said that prior to accepting a timeshare week from the seller, they verify with Hilton the accuracy of the information in the eBay ad. In this case, both my fellow TUGgers and the closing company are correct:

The 9600 points I am purchasing IS accurate. What is happening is that I am actually purchasing two ownerships that, combined, total 9600 HGVC points.

I asked whether this combined ownership would result in higher MF's than were advertised, and the closing company again confirmed that--based on their discussion with HGVC--the MF's were accurate at the time they accepted this item from the seller. Of course, those MF's were based on 2008 rates; the 2009 MF's will likely be higher.

Does this make sense to all of you HGVC experts? Any additional advice you can offer would be most appreciated! Thanks again for all your help.

Seems to me that the ad is misrepresenting the fees - as stated, it is 893 EOY. But I think that it is really 893 x 2 EOY or 893 per year.

 

[Bill4728]

So to clarify, you are purchasing two contracts each for a platinum one bedroom EOY, RIGHT?

$3500 would may pass since HGVC isn't in active sales with the Bay Club.