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Looking to buy HGVC Seaworld 4800 points - Advice needed please

zenfloater

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Hi everyone,

stumbled upon this wealth of a website and whoa! What a great community!
I'd like to know if the following is a "good deal". I can afford the MF but would like some advice as to whether this is too expensive or not. Thanks in advance!

HGVC at SeaWorld International Center
1 bedroom, 1 bath
4800 points
Platinum season
Maintenance fees $850 per year
annual occupancy starting 2016
Sale Price $2500
Closing costs ~$809
New week registration $250
 

holdaer

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Paradise, a HGVC
I recently purchased a 2BR Gold 5,000pt annual for $3,000.

Someone just passed ROFR for a 2BR Gold 5,000pt annual for $2,500.

So, it seems that $.60-$.50/pt are passing ROFR for Gold season.

In my humble opinion, you have a gooddeal. If you want a great deal, test the waters for a lower $/pt offer if that is available to you.

Otherwise, you do have a good deal.
 

zenfloater

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I recently purchased a 2BR Gold 5,000pt annual for $3,000.

Someone just passed ROFR for a 2BR Gold 5,000pt annual for $2,500.

So, it seems that $.60-$.50/pt are passing ROFR for Gold season.

In my humble opinion, you have a gooddeal. If you want a great deal, test the waters for a lower $/pt offer if that is available to you.

Otherwise, you do have a good deal.


Thanks for the response. I tried to test the waters with a lower offer but the buyer rejected. I'm just concerned with the MF and if that is too much or not. I can afford it but wouldn't mind jumping in with a great deal.
I really want a 2 bedroom but I guess I can always add that on later when I find another good deal like this. Thoughts?
 

PigsDad

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I think it is a very good deal. You are getting Platinum points at just a hair over $0.50/point, and with Platinum, you have a better $/MF point ratio vs. Gold which will save you $$ every year you own.

Kurt
 

Cyberc

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Hi everyone,

stumbled upon this wealth of a website and whoa! What a great community!
I'd like to know if the following is a "good deal". I can afford the MF but would like some advice as to whether this is too expensive or not. Thanks in advance!

HGVC at SeaWorld International Center
1 bedroom, 1 bath
4800 points
Platinum season
Maintenance fees $850 per year
annual occupancy starting 2016
Sale Price $2500
Closing costs ~$809
New week registration $250

Hi

According to our sticky regarding MF the annual mf is only 711$ but that does not include the annual club dues of 140/184.

If you are a member already you won't pay the club dues twice.

Regards
 
Last edited:

zenfloater

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Hi

According to our sticky regarding MF the annual mf is only 711$ but that does not include the annual club dues of 134/184.

If you are a member already you won't pay the club dues twice.

Regards

I will be a new member, this is my first trip down this lane. The $250 will be a one time fee is what I understand ...
 

Cyberc

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Hi

Then you have to pay the club dues.

There is not a new week registration but a club registration fee of 315$. This will be billed after you get you login.

Regards
 

Ron98GT

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HGVC (7k Hawaii), Marriott (2-Bdrm L/O), & RCI Points (80k Grand View)
Hi everyone,

stumbled upon this wealth of a website and whoa! What a great community!
I'd like to know if the following is a "good deal". I can afford the MF but would like some advice as to whether this is too expensive or not. Thanks in advance!

HGVC at SeaWorld International Center
1 bedroom, 1 bath
4800 points
Platinum season
Maintenance fees $850 per year
annual occupancy starting 2016
Sale Price $2500
Closing costs ~$809
New week registration $250

Price seems high, should be $1500 Max. The Seaworld, 1-BDRM, 4800, Plat's, that are sold/completed on eBay are sold for under $1500.

The MF also seems high, shouldn't it be around $731?

Closing costs are a little on the high side also: $809?

I think there is also a $399 HGVC resort transfer fee that will also have to be paid, unless it's included in the closing costs, which I doubt?

I think what you have listed as "New week registration $250" is really an activation/enrollment fee?
 
Last edited:

zenfloater

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Price seems high, should be $1500 Max. The Seaworld, 1-BDRM, 4800, Plat's, that are sold/completed on eBay are sold for under $1500.

The MF also seems high, shouldn't it be around $731?

Closing costs are a little on the high side also.

Are you looking at the top result in the completed listings? That's only odd year usage. The one I am looking at is every year.
 

Ron98GT

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HGVC (7k Hawaii), Marriott (2-Bdrm L/O), & RCI Points (80k Grand View)
Are you looking at the top result in the completed listings? That's only odd year usage. The one I am looking at is every year.
That's true, but take a look at other "4800" point HGVC TS's that are either completed or active. The prices are typically under $2000, if not under $1500 or less. The active 4800 point listings above $2000 are not getting any activity.

But, if your comfortable with the price buy it, I just think the purchase price and other fees are too high, but that's only my opinion.
 

Cyberc

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Last week a 7k pts on strip sold for 799$ on eBay as a buy it now price.

The price was including closing and everything.

Might not pass rofr but at that price I would have chanced it.
Regards
 

zenfloater

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Last week a 7k pts on strip sold for 799$ on eBay as a buy it now price.

The price was including closing and everything.

Might not pass rofr but at that price I would have chanced it.
Regards

Good Lord! How do I find something like this for myself :)
 

Cyberc

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Good Lord! How do I find something like this for myself :)

Search the Internet 24/7 and keep your fingers crossed. :D

Have in mind this is not the regular selling price. It's much too low. Said that the selling prices is coming down at the moment.

I just bought a 6200pts 1br at the strip for 5k. Waiting for the rofr. If we see the 799 selling price more often than not I tend to think the price I paid is too high. :(

Regards
 

Jason245

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I prefer to pay next to nothing and have a slightly higher MF.. if prices crash.. I lose nothing and I can probably liquidate for same price I paid when I bought. .

Sent from my SAMSUNG-SM-N910A using Tapatalk
 

Kendall in Texas

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Last week a 7k pts on strip sold for 799$ on eBay as a buy it now price.

The price was including closing and everything.

Might not pass rofr but at that price I would have chanced it.
Regards

That is crazy low. My ebay search updates missed that one.

I also haven't seen under 2k at seaworld for platinum every year.
 

Ron98GT

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Last week a 7k pts on strip sold for 799$ on eBay as a buy it now price.

The price was including closing and everything.

Might not pass rofr but at that price I would have chanced it.
Regards
I can't see that one passing ROFR, no way.
 

Jason245

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I can't see that one passing ROFR, no way.

HGVC has an inventory surplus right now. In all likelyhood, I would expect their ROFR activity to decrease and resale prices to start dropping. (per the last quarterly press release, they have 6 years of interval inventory on hand (over 120k weeks) based on current sales....

If they are already sitting on this much inventory, why buy more (unless it is something really special, like a fixed week 52)
 
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brettskyg

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I prefer to pay next to nothing and have a slightly higher MF.. if prices crash.. I lose nothing and I can probably liquidate for same price I paid when I bought. .

Sent from my SAMSUNG-SM-N910A using Tapatalk

That was the philosphy I just used. Paid 2k including all closing and transfer fees for 5k points at orlando-Tuscany, and paid $100 including closing fees for $3,400 at seaworld.

These seem to be two of the lower MF properties, but not as low as Vegas. However, the pricing to be inclusive of closing and transfer fees just seemed very fair to me. I know longer term I will be paying more buy having 2 MF's, but who knows where I will be or if I will still want to own it by the time it catches up? Rather just buy on the cheap up front.
 
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