So I'm looking at several ads that are for a fixed week at OL. They say they can be deposited for points, one ad specifically says the value is 159,000 points. Is this true? I thought only south lake and lake geneva could go to points ?
-
The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 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 31 years ago in October 1993 as a group of regular Timeshare owners just like you!
Read about our 30th anniversary: Happy 31st Birthday TUG! -
TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!
Free memberships for every 50 subscribers!
Visit TUG on Youtube! -
TUG has now saved timeshare owners more than $23,000,000 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 $23 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!
Orange Lake, fixed week, points ?
- Thread starter Riekl
- Start date
- Joined
- Dec 19, 2008
- Messages
- 16,175
- Reaction score
- 4,789
- Location
- Maryland
- Resorts Owned
- A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
Many owners don't realize the points won't transfer upon resale. They won't even if the owner thinks they will.
tony_i
TUG Member
Not Likely. Only Lake Gevena, South Beach, and Gatlinburg transfer as points resale with most benefits. Also, any orange lake land trust, but those are more restrictive.
A fixed week at orange lake can be exchanged (deposited) through RCI and the unit is assigned a trading power value. However, you would have to pay RCI membership separate if you do not already pay HICV membership fee, and exchange fees. If you do pay HICV membership fee, then you can request a free RCI account for your fixed OL week.
OL resale weeks have very little value in the resale market, some are given for free. The more expensive weeks I have seen resale are weeks 51 and 52.
There is a lot of inventory in Orlando, so unless you want a specific week and unit type that offers good trading power per maintenance fee and perks (access to the property and pools year round) , I would avoid them. But it can be a good option if you ever want to convert it by buying retail and it has a great points to mfs ratio.
Tony
Sent from my LM-V450 using Tapatalk