Newbie .... Just bought n sdo

[Dodger4life]

We just bought this ts on eBay http://www.ebay.com/itm/280908951953?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649 was looking for people's opionion . Is this a good unit for trading?

 

[DeniseM]

No it's not a good trader - it is an off-season week: Week of the Year: 22-27, 36-49

For a trader you want one of the following only:
Platinum - weeks 1-21 & 50-52
Gold Plus - weeks 1-52

Paypal TS auctions are not binding, you should notify the seller that you would like to rescind your bid, and offer to cover their listing fees.

Please feel free to vet your next purchase here, before you bid.

 

[Beefnot]

I believe the seller's listing fees are refunded if the buyer reneges and the seller files a non-payment strike.

 

[Downhill1]

For a trader you want one of the following only:
Platinum - weeks 1-21 & 50-52
Gold Plus - weeks 1-52

Are there any Tuggers out there who own both an SDO True Platinum week as well as a Golf Plus 1-52 week that could comment on II trading power between these two categories of weeks at SDO?

Thanks in advance.

Downhill1

 

[DeniseM]

Are there any Tuggers out there who own both an SDO True Platinum week as well as a Golf Plus 1-52 week that could comment on II trading power between these two categories of weeks at SDO?

Thanks in advance.

Downhill1

Trade tests have shown that in some cases the Platinum weeks have slightly better trading power in difficult trades, like Harborside Atlantis.

However, Plat weeks are much more difficult to find, and much more expensive, so for a trader, the Gold Plus weeks are considered to be almost as good and much easier to acquire.

 

[Sloane S]

Are there any Tuggers out there who own both an SDO True Platinum week as well as a Golf Plus 1-52 week that could comment on II trading power between these two categories of weeks at SDO?

Thanks in advance.

Downhill1

From what I've read, the True plats might have a little more power but are going to cost you a lot more since people buy them primarily to requalify them.

So far my gold plus small 1 bedroom has exchanged for a Marriott Manor Club 2 bedroom this past June and a Sheraton Lakeside Terrace 2 bedroom for next June.

 

[Dodger4life]

Well we pretty much pd for the ts already , which we don't mind in some degree... Bcuz we can go durning those dates... Would a eoy floating 1-52 b good or consider gold season ? I don't think I would like to screw up my eBay acct by rescinding even if I can? Thanks

 

[DeniseM]

Well we pretty much pd for the ts already , which we don't mind in some degree... Bcuz we can go durning those dates... Would a eoy floating 1-52 b good or consider gold season ? I don't think I would like to screw up my eBay acct by rescinding even if I can? Thanks

You bought gold season - A 1-52 floating week is Gold Plus.

eBay auctions for timeshares are not binding. If the deed hasn't been transferred to your name yet, I would do whatever it takes to get out of the deal - including forfeiting the money you've paid.

This week literally has no resale value, and to be quite honest with you, it should have been completely free. You will find that if/when you want to get rid of it, it will be virtually impossible - which means you will be stuck with the yearly maintenance fee whether you want it or not.

 

[RX8]

Well we pretty much pd for the ts already , which we don't mind in some degree... Bcuz we can go durning those dates... Would a eoy floating 1-52 b good or consider gold season ? I don't think I would like to screw up my eBay acct by rescinding even if I can? Thanks

You shouldn't have to settle for a timeshare that isn't exactly what you want. You should at LEAST inquire about backing out while you can. Unlike Kim Kardashian, this "marriage" with your timeshare will last more than 72 days (more like forever if you cant give it away) and will cost you a heck of a lot more with MF. Get the "annulment" NOW if you can.

 

[gnorth16]

When I owned a 1BR Platinum SDO, the instant trades were the same as the gold plus every time I looked. Ongoing searches are apparently better with the platinum. I have since sold it and bought a second gold plus 2BR instead.

 

[rickandcindy23]

My SDO says One Season. I am pretty sure it was 1-52. Paid quite a bit more than I planned for it. It's an EOY L/O, but we have owned it for about four years. Prices were higher back then. I cannot believe how cheap timeshares are right now. It's a huge temptation for me. I am not doing well at saying no, either.

 

[gtm2011]

If you are just buying a one bedroom, I would recommend a Platinum (50-52 and 1-21) week over a Gold Plus (1-52) week. There is little or no premium on the one bedroom's, but there is a big premium on the two bedroom lock offs. Just something to consider.

 

[Dodger4life]

Ok I will call the seller 2 morrow n try to cancel.... Denise what exactly do u mean ts aren't binding on eBay? We wud prefer a two 2 bdrm since we have a large family.... 5 or more n family if all the kids come. I've been reading tug for a few weeks trying to absorb all this info on this site. Looking for a ts close to our location so we can travel by car n trade to longer distances every 2-4 yrs out. Maby Tahoe or palm springs or Arizona area.... Az is 8 hr drive for us.

Thanks again for the responsives

 

[Dodger4life]

By the way the money for the auction came out of my bank acct on 7/9 so does that mean I have 5 days to rescind ? Has anyone rescinded on a eBay auction
B4? Thanks

 

[DeniseM]

"Not binding," means that under the eBay rules, a winning bid on a timeshare auction is not a final purchase. It is just an offer to enter negotiations to buy a timeshare.

Don't call the seller - that's just asking for an argument. Instead, send them a polite but firm email. Tell them that you are exercising your option to back out of the purchase. Don't ask if you can.

Scottsdale is a long drive from Central California. I look at Tahoe instead - it's only 3-4 hours for you.

All of the Starwood timeshares are going to be long drives, or flights for you, so I'm not sure a Starwood trader will meet your needs for a home resort.

You don't have the "right to rescind," with an ebay purchase - that's the rule when buying from a developer. The rule that lets you back out of the purchase is an eBay rule, but most people exercise it before they make any payments.

How much money did you pay?

 

[Dodger4life]

I pd a dollar for the ts n 460 for closing n transfer fees .... I will send the email to the seller n closing company they having me use ...they have already taken my money out of my acct so I don't know if they will refund me or not? Are there any listing on this site for ts for sale that include financing.... I was just looking at the marketplace a min ago...

 

[Dodger4life]

Where's a good resort in Tahoe ? Of friend of mine owns at the ridge! But I read some comments some people made bout that resort... What's a good trade resort since we wouldn't mind traveling some yrs


Thanks

 

[DeniseM]

I pd a dollar for the ts n 460 for closing n transfer fees .... I will send the email to the seller n closing company they having me use ...they have already taken my money out of my acct so I don't know if they will refund me or not? Are there any listing on this site for ts for sale that include financing.... I was just looking at the marketplace a min ago...

You may lose the money - but that would be better then acquiring an off-season timeshare that will be a poor trader, too far from home, and will be impossible to get rid of.

To be quite honest with you, if you can't buy a timeshare without financing, you should not buy one. Most timeshares have no resale value, so it's not the kind of thing you should finance. It doesn't make financial sense to finance something that has little or no resale value.

That being said, if you are patient, you can probably find a nice timeshare for $1, with no closing costs, but I strongly recommend that you run it by us before you bid.

The best advice I can give you is to do your homework on TUG for 6 mos. before you buy. I guarantee that what you will buy in 6 mos. will be different than what you buy today.

A good place for you to LOOK, but not make any rash decisions, is the TUG Bargain Deals Forum, where people give timeshares away - http://www.tugbbs.com/forums/forumdisplay.php?f=55

Do some research there - but don't jump into another deal yet.

 

[SDKath]

I pd a dollar for the ts n 460 for closing n transfer fees .... I will send the email to the seller n closing company they having me use ...they have already taken my money out of my acct so I don't know if they will refund me or not? Are there any listing on this site for ts for sale that include financing.... I was just looking at the marketplace a min ago...

Alternatively, you can ask them to transfer the $1 and closing fees to a 1-52 SDO or a 1-21 1br if they have it. I bet they will be able to find you one very easily! They are all over the place, especially the 1-52 floats!

Katherine

 

[LisaH]

Are we absolutely sure that there is a big difference in trading powers between Gold and Gold Plus? With RCI, all the weeks trade the same...Anyone who has a Gold week on II that we can compare?

 

[DeniseM]

Are we absolutely sure that there is a big difference in trading powers between Gold and Gold Plus? With RCI, all the weeks trade the same...Anyone who has a Gold week on II that we can compare?

Unless something has changed, on RCI, the higher the season, the higher the TPU. Within a season, the weeks all trade the same - but not when comparing seasons.

 

[RX8]

The best advice I can give you is to do your homework on TUG for 6 mos. before you buy. I guarantee that what you will buy in 6 mos. will be different than what you buy today.

This is excellent advice. I don't own a timeshare yet but have been studying/researching for a YEAR. I've come close but obtained a refund after a seller made an error in the description of the TS.

Take your time and dig deep into this site and other sites. For your next vacation, RENT a timeshare. This allows you to try out locations AND will allow you to see if you don't mind paying $700, $800, $1000 or more for your vacation because even though you may one day OWN a vacation, these amounts are still going to be due each and every year as maintenance fees/exchange fees/special assessments.

 

[LisaH]

Unless something has changed, on RCI, the higher the season, the higher the TPU. Within a season, the weeks all trade the same - but not when comparing seasons.

I just checked on RCI to see SDO's TPUs. EVERY WEEK (1, 10, 33, 45, 52) has the same TPUs.

 

[Dodger4life]

Hey Denise here is the response I got...



Andy,
*
Thank you for your email.* I regret to inform you that the deed for this ownership has already been recorded into your name in Maricopa County recorders office.* We can certainly process a refund minus the costs incurred thus far, but we would first need you to sign the title back to the seller.* Attached is a refund deed which, once sigfned and returned to our office, we will immediatly record out of your name.* Once the documents are received from you we will issue a refund of $461 minus the following costs incurred:
*
eBay Listing Fee:* $72.50
Recording Cost: $35
*
Total Refund:* $353.50
*
Once you have signed the attached deed, please feel free to return the deed to our office via email or fax to 866-594-8851.* If you have any questions, please do not hesitate to ask.
*
Thank you and best regards,
*
Customer Service Team
The Timeshare Company, LLC
-----Original Message-----
From: "Andrew Burlingame" <begames8@yahoo.com>
To: customerservice@thetimesharecompany.com
Date: 07/11/12 10:38
Subject: Online Inquiry

We regretfully would like decline the purchase of the timeshare we purchased on eBay . Although we have paid for the closing and transfer fees, we would like to request a refund minus the cost for you to relist the auction . The reason for the decline is the available dates no longer work for
Us. If you have a floating week 1-52 in your inventory that would b a better timeshare for us .

Thank you Andy Burlingame
I was wondering if I sign the deed back to the seller does that get me off the hook?

 

[grgs]

I was wondering if I sign the deed back to the seller does that get me off the hook?

It should. You can always double-check on the county's website to make sure the deed does get out of your name:

http://recorder.maricopa.gov/recdocdata/

Note: it may take a couple of weeks to be able to search by name.

Best wishes,

Glorian