sjsharkie
TUG Member
- Joined
- Dec 26, 2012
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IMHO, the appreciable benefit depends on your planned usage of the property. The only reason to buy mandatory assuming a negligible purchase price would be to enable trading within the SVN network.HYPOTHETICALLY!!! I own an SVR purchased very cheaply resale with no SVN. I now have an opportunity to buy an SVV (in one of the mandatory phases) for a reasonable price resale but for more money and a higher MF than my SVR. is there an appreciable benefit derived from buying mandatory to get into SVN to justify paying the extra to get a mandatory Starwood resort in FLORIDA
If another trading debate is gong to break out I would prefer it only be concerned with SVR voluntary vs SVV mandatory. Thank you.
While there are no guarantees, it is far easier to obtain say a summer week at HRA through SVN versus relying on a trade through II. The chances of such a trade will be low through II given that Starwood does not deposit many of these weeks as they are generally few weeks that are unclaimed via SVN and owners are unlikely to deposit in II due to the high MFs and strong rental market.
In your OP, you stated the desire to trade to WSJ, WKORV/N. While not impossible in II, especially if you are flexible with date of travel, my experience is that it is far easier to get the exact day you want in high peak season going through SVN. It is also on average more costly to go this route versus trading through II.
Good luck.
-ryan