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Newbie but very interested in Tafer/GarzaBlanca

Pedro1515

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My wife and I just returned from Hotel Mousai yesterday. Since this is our third visit to the property (1 @ GB, 2 @ HM) they allowed us to have an “informational” presentation for 30 minutes. Having rescinded a few years back with HGVC (thanks to TUG) I knew I wasn’t going to bite, but the massage was nice. BTW, it was an hour bc my wife kept asking questions.

The first deal was $137k for 5000 points, Elite membership, Preferred bonus points, back borrowing, RCI membership, Sabio (still unclear as to its purpose). MF $2500.

The second deal was (bc salesman can “bend the rules but not break) $77k for a resale of a members contract who traded their equity for real estate in Cabo. This included 5000 points and maintained Elite status with all of the same perks as above. MF $2300. With the money I have spent on my previous vacations there, they knocked it down to $70,499.

I was seriously considering, until I called my buddy who is a GBRC Elite member (we rent points from him). He said availability has been an issue, even booking 6-9 month out. He said to keep my money and continue to rent from him. However, in the future, we want to go two weeks a year (one with kids, one without). I don’t want to deplete his points/options for his family.

I was looking at resale on SMTN.com and stumbled upon a deal for $25k for enough points for now. RTU for 22 more years. MF less than half of above offers. I haven’t inquired for more info yet. I was looking to gain some more insight first.

My questions include:
With Tafer/GB Residence Club, what is lost with a resale? Do I still get Preferred points?
What tricks do others with this group use to get the weeks they want (how far out do you book)?
Do they treat resale contract people differently?
Are there any hurdles to climb?
My plan is to buy a decent number of points and add to get around 5000. Is there a downside to this other than the money?

That is all I can think of right now, but hope to learn more with contributions to this post. Below is my answers to the Newbie Questions:

1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?

Mexico (Puerto Vallarta)

2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?

Yes. We love Hotel Mousai and GB

3) What are your 5 top trade destinations?

Mexico
Hawaii
North Carolina
Florida
Fiji (I know it’s a stretch, but it’s awesome)

4) How many people do you usually travel with - total, including yourself?

At most, 4
Least 2

5) Can you travel any time, or are you locked into the school schedule?

We have two boys ages 3 and 6. We live in the frozen tundra of ND. I’m not worried about them missing school, but prefer during Jan-March.

6) Can you make firm plans 12 or more mos. in advance?

Yes, if need be

7) Can you vacation for a full week at a time?

Yes

8) What level of accommodations do you prefer on a scale of 1 to 5 stars?

5

9) How much can you afford to spend upfront, without financing?

$15k

10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?

$2,000

11) Are you a detail oriented planner?

Not really. We love Mousai. We don’t really plan much other than fishing with my buddy.

12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?

Yes

Thank you for your time and insights in advance!
Pete
 

Pedro1515

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$137K?

$70K

Really?

Don't buy -- rent instead.






.
I thought I alluded to not being interested in the $137k and $70k deals. My interests and questions were focusing more on the resale offer of $25k. I will continue to rent from my buddy, but want to gain insight for the future if his points are no longer available.
 

Beach57

TUG Member
Joined
Apr 27, 2019
Messages
152
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Resorts Owned
Paradisus Palma Real and Club Solaris Los Cabos
My wife and I just returned from Hotel Mousai yesterday. Since this is our third visit to the property (1 @ GB, 2 @ HM) they allowed us to have an “informational” presentation for 30 minutes. Having rescinded a few years back with HGVC (thanks to TUG) I knew I wasn’t going to bite, but the massage was nice. BTW, it was an hour bc my wife kept asking questions.

The first deal was $137k for 5000 points, Elite membership, Preferred bonus points, back borrowing, RCI membership, Sabio (still unclear as to its purpose). MF $2500.

The second deal was (bc salesman can “bend the rules but not break) $77k for a resale of a members contract who traded their equity for real estate in Cabo. This included 5000 points and maintained Elite status with all of the same perks as above. MF $2300. With the money I have spent on my previous vacations there, they knocked it down to $70,499.

I was seriously considering, until I called my buddy who is a GBRC Elite member (we rent points from him). He said availability has been an issue, even booking 6-9 month out. He said to keep my money and continue to rent from him. However, in the future, we want to go two weeks a year (one with kids, one without). I don’t want to deplete his points/options for his family.

I was looking at resale on SMTN.com and stumbled upon a deal for $25k for enough points for now. RTU for 22 more years. MF less than half of above offers. I haven’t inquired for more info yet. I was looking to gain some more insight first.

My questions include:
With Tafer/GB Residence Club, what is lost with a resale? Do I still get Preferred points?
What tricks do others with this group use to get the weeks they want (how far out do you book)?
Do they treat resale contract people differently?
Are there any hurdles to climb?
My plan is to buy a decent number of points and add to get around 5000. Is there a downside to this other than the money?

That is all I can think of right now, but hope to learn more with contributions to this post. Below is my answers to the Newbie Questions:

1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?

Mexico (Puerto Vallarta)

2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?

Yes. We love Hotel Mousai and GB

3) What are your 5 top trade destinations?

Mexico
Hawaii
North Carolina
Florida
Fiji (I know it’s a stretch, but it’s awesome)

4) How many people do you usually travel with - total, including yourself?

At most, 4
Least 2

5) Can you travel any time, or are you locked into the school schedule?

We have two boys ages 3 and 6. We live in the frozen tundra of ND. I’m not worried about them missing school, but prefer during Jan-March.

6) Can you make firm plans 12 or more mos. in advance?

Yes, if need be

7) Can you vacation for a full week at a time?

Yes

8) What level of accommodations do you prefer on a scale of 1 to 5 stars?

5

9) How much can you afford to spend upfront, without financing?

$15k

10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?

$2,000

11) Are you a detail oriented planner?

Not really. We love Mousai. We don’t really plan much other than fishing with my buddy.

12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?

Yes

Thank you for your time and insights in advance!
Pete
You lose Elite status with a resale purchase. We bought a resale contract with 7300 annual points. Use all of the points between ourselves, family members and renters.

Resale owners are kind of left alone regarding contract upgrading while at the resort. This is a GOOD thing.

Look on RedWeek for rentals and resales. No resales right now (I checked). They come up and the purchase price is negotiable. I would say you could get a contract for $7-8k.
Love our usage. Wish we had Elite though.
 

Beach57

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We never have trouble with reservations, but we always book 9-12 months out because we have to plan for work vacation requests and airfare.
 

Pedro1515

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You lose Elite status with a resale purchase. We bought a resale contract with 7300 annual points. Use all of the points between ourselves, family members and renters.

Resale owners are kind of left alone regarding contract upgrading while at the resort. This is a GOOD thing.

Look on RedWeek for rentals and resales. No resales right now (I checked). They come up and the purchase price is negotiable. I would say you could get a contract for $7-8k.
Love our usage. Wish we had Elite though.
Thank you for your input!!
What does Elite status actually get you (other than a fancy blue reservation placard at the pool)?
 

easyrider

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Worldmark * * Villa Del Palmar UVCI * * Vacation Internationale*
With Tafer/GB Residence Club, what is lost with a resale? Do I still get Preferred points?

I see you are a guest. I hope you consider becoming a member if you find us helpful. You can use me as a reference.

No, preferred points are forfeited in resale to anyone other than a family member as outlined in the regs. The membership turns into a floating week. Depending on how many points there are in the account the week would be the equivalent of points for the allocated season. Basically it's not a good deal, but if it doesn't cost too much as a resale, it isn't that bad of a deal either. You could speak to Resortcom to find out the info on the account before taking it. Some accounts do transfer as points.

Bill
pg 61 of the regs
If a Transfer is completed to a person other than a Family Member Transferee, the Selling Member shall forfeit any and all rights to utilize Club Points associated with the Selling Member’s account and the Membership use rights shall automatically and irrevocably change as follows for that transferee: (a) Membership will change to a Floating Week Membership with Weeks, Unit Type and Season to be determined by the Optimal Use of purchased Club Points as Stated in Exhibit “A” of the Membership Agreement.
 

Beach57

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Thank you for your input!!
What does Elite status actually get you (other than a fancy blue reservation placard at the pool)?
One round trip private transportation per year, the ability to use your points to pay for 100% of your all-inclusive fees, free room upgrade, no cancellation fee close to your booking (I believe), free massage, free water therapy, butler service. All these things (except a butler) have great value to us. You can look this up online.

We know people who book a studio and then arrive at the resort and always get a free upgrade to a one bedroom suite (such a point savings).

I also love the idea of using the points for 100% AI payment. Right now, non elite members can use points to pay 50% of AI.

Actually, so far, the membership has been very worthwhile for us, but I do lust for Elite. 😀
 

jeff123

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Pueblo Bonito Points
Montecristo
Villa del Arco (UVCI)
Club Wyndham
I also love the idea of using the points for 100% AI payment. Right now, non elite members can use points to pay 50% of AI.
You no longer have to be elite for this one. They changed it and everyone can now use points for 100% AI payment.

 

Pedro1515

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I see you are a guest. I hope you consider becoming a member if you find us helpful. You can use me as a reference.

No, preferred points are forfeited in resale to anyone other than a family member as outlined in the regs. The membership turns into a floating week. Depending on how many points there are in the account the week would be the equivalent of points for the allocated season. Basically it's not a good deal, but if it doesn't cost too much as a resale, it isn't that bad of a deal either. You could speak to Resortcom to find out the info on the account before taking it. Some accounts do transfer as points.

Bill
pg 61 of the regs
If a Transfer is completed to a person other than a Family Member Transferee, the Selling Member shall forfeit any and all rights to utilize Club Points associated with the Selling Member’s account and the Membership use rights shall automatically and irrevocably change as follows for that transferee: (a) Membership will change to a Floating Week Membership with Weeks, Unit Type and Season to be determined by the Optimal Use of purchased Club Points as Stated in Exhibit “A” of the Membership Agreement.
Thank you for your help! I see some on SMTN.com that are floating weeks and others that are points. Still a little confused on the jargon, but I’ll stare at it some more and hope it sinks in.
 

Pedro1515

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One round trip private transportation per year, the ability to use your points to pay for 100% of your all-inclusive fees, free room upgrade, no cancellation fee close to your booking (I believe), free massage, free water therapy, butler service. All these things (except a butler) have great value to us. You can look this up online.

We know people who book a studio and then arrive at the resort and always get a free upgrade to a one bedroom suite (such a point savings).

I also love the idea of using the points for 100% AI payment. Right now, non elite members can use points to pay 50% of AI.

Actually, so far, the membership has been very worthwhile for us, but I do lust for Elite. 😀
So, when you purchased resale, you received a contract that retains the points and weren’t converted (as per the bylaws above from Bill)? The conversion to a floating week from points when purchasing a resale seems weird to me.
 

easyrider

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Worldmark * * Villa Del Palmar UVCI * * Vacation Internationale*
Thank you for your help! I see some on SMTN.com that are floating weeks and others that are points. Still a little confused on the jargon, but I’ll stare at it some more and hope it sinks in.

With this resort system the ownership started with fixed weeks which are a week and date. The next ownership is a floating Premiere membership which are any week in the season that was bought which are winter, summer and holiday. The next ownership is floating Gold membership which are basically the same as the upgraded to Premiere. The three owners of the Villa Group split up into their own systems and became points. These points have evolved into different levels and different usage.

In all of these memberships except Gold, any resale to a non-family member reverts to a type of membership that is similar to a Premiere membership. Basically, all points memberships revert to a timeshare week with a home resort. The downside is a 10 month reservation window, the perks and benefits of points are gone and the maintenance fee remains high.

Below are the rules and regs for Tafer.

Bill

https://www.taferresidenceclub.com/lib/docs/Rules-and-Regulations-Rules-GB-Dic-2014.pdf
 

Beach57

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You no longer have to be elite for this one. They changed it and everyone can now use points for 100% AI payment.

Wow! Even for Tafer resorts? If so, great news!
 

Beach57

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So, when you purchased resale, you received a contract that retains the points and weren’t converted (as per the bylaws above from Bill)? The conversion to a floating week from points when purchasing a resale seems weird to me.
Mine stayed the same except for the loss of Elite status which the previous owners had.
I should clarify that mine was a takeover purchase from a bankruptcy, but I don’t think that should matter.
 

easyrider

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Mine stayed the same except for the loss of Elite status which the previous owners had.
I should clarify that mine was a takeover purchase from a bankruptcy, but I don’t think that should matter.

Resortcom can see if the points contract reverts to a Premiere type float week. Some don't revert but many go the way of the regs. It seems that some points memberships, at the discretion of the director, remain point memberships. Elite status gives the points membership the ability to reserve in "Elite Inventory Suites " and the "Elite Section of the resorts". It could be that point memberships stripped of Elite Status is basically the same as a Premiere membership. The Elite inventory is the upgraded upper floors with pretty good views. Without Elite Status the inventory pool for rooms is the same as the lower membership levels.

Bill
 

jeff123

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Montecristo
Villa del Arco (UVCI)
Club Wyndham
Wow! Even for Tafer resorts? If so, great news!
Sorry. It looks like it's only for Villa Group resorts. Tafer is still 50%. The two have always had differences but it seems like they keep getting further apart. I wish they would split the Facebook group into two different groups.
 
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