• Welcome to the FREE TUGBBS forums! The absolute best place for owners to get help and advice about their timeshares for more than 31 years!

    Join Tens of Thousands of other owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 32 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 32st anniversary: Happy 32st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    All subscribers auto-entered to win all free TUG membership giveaways!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Low maintenance fees on MVC resale, too good to be true?

P

Papasteve21

newbie
Joined
Jul 23, 2024
Messages
2
Reaction score
0
I’m potentially interested in buy MVC points resale and have been looking around here, Redweek, eBay, and on broker websites.

I’ve noticed a lot of variation in the maintenance fees and see what seem like really good deals in some cases. For example, a verified listing on Redweek for 2,50 MVC points with a $830 maintenance fee. I assume this person purchased a while back.

Should I expect if I purchased something like that for the maintenance fee to rise significantly in the near future after I purchase closer to market rate? Thanks!
 
The maintenance fees are all the same on points. Many people list bad information in their listing or their listings can be old with outdated information. You are best to look in the maintenance fee sticky at the top of this forum for the latest amounts.
 
The maintenance fees on points are the same (about $0.79/pt) whether they are resale or retail.
 
MF are set my each resort. I think there is TUG thread with this information on MVC.
 
MVC has fees to get new owners up and running. I think it is $3 per point with minimums of $3000?
 
AnnieBets said:
MVC has fees to get new owners up and running. I think it is $3 per point with minimums of $3000?
Click to expand...
Yes, plus a $300 owner education fee.
 
Papasteve21 said:
I’m potentially interested in buy MVC points resale and have been looking around here, Redweek, eBay, and on broker websites.

I’ve noticed a lot of variation in the maintenance fees and see what seem like really good deals in some cases. For example, a verified listing on Redweek for 2,50 MVC points with a $830 maintenance fee. I assume this person purchased a while back.

Should I expect if I purchased something like that for the maintenance fee to rise significantly in the near future after I purchase closer to market rate? Thanks!
Click to expand...
FYI - when you own MVC Trust Points, in addition to the maintenance fees (which were basically $0.79/point for 2024), there are also Club Dues, which vary based upon owner level. And, there is also an additional charge for property tax administration. If it is 2500 points, once you pay the $3/point activation fee plus the other misc fees for education, etc. as a resale buyer, then you would also have dues as an "owner" level point owner, which for 2024 were $240. The property tax admin fee would have been around $11 for a 2500 point owner this year.
 
LeslieDet said:
FYI - when you own MVC Trust Points, in addition to the maintenance fees (which were basically $0.79/point for 2024), there are also Club Dues, which vary based upon owner level. And, there is also an additional charge for property tax administration. If it is 2500 points, once you pay the $3/point activation fee plus the other misc fees for education, etc. as a resale buyer, then you would also have dues as an "owner" level point owner, which for 2024 were $240. The property tax admin fee would have been around $11 for a 2500 point owner this year.
Click to expand...
The property taxes are part of the 78.748 cents per point MF. Its broken out separately on the invoice, but its part of the quoted MF/point.
 
Fasttr said:
The property taxes are part of the 78.748 cents per point MF. Its broken out separately on the invoice, but its part of the quoted MF/point.
Click to expand...
It is a nominal amount, and adds a fraction of a cent to the total cost per point. It is the administrative fee for the individual property taxes that must be remitted on those components located in jurisdictions where each week receives its own property tax bill. Newport Coast is an example. The actual taxes are in the main charge.
 
LeslieDet said:
It is a nominal amount, and adds a fraction of a cent to the total cost per point. It is the administrative fee for the individual property taxes that must be remitted on those components located in jurisdictions where each week receives its own property tax bill. Newport Coast is an example. The actual taxes are in the main charge.
Click to expand...
Do the math. It’s included in the reported MF/point. It’s already in the $196.87 per BI.
 
You must log in or register to reply here.
Top