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Owner update at Parc Soliel today was a breeze (resale)

JoeAdkins

TUG Member
Joined
Mar 15, 2023
Messages
36
Reaction score
30
Location
Colorado
Resorts Owned
HGVC Flamingo, 2br Platinum
HGVC Craigendarroch, 2br Platinum
Went to parc Soliel this morning for an owner update... After their intro video, they took us to the desk and said "I see you're a resale customer. I'd imagine you've done your research and know what I'm going to ask. The only thing... Do you know we're currently buying back flamingo deeds? Yours is worth about $25k... Interested?" I said "nope" and they sent us on our way with a $200 Visa gift card. I'm and out out in 15 minutes....

Was super easy... Anybody know what the flamingo buy back was about? I kind of wish I would have asked more details for my own info... We paid $5k last year.
 

holdaer

TUG Member
Joined
Feb 4, 2013
Messages
578
Reaction score
262
Location
Houston, TX
Resorts Owned
Parc Soleil, a HGVC
Paradise, a HGVC
When we did our 'owner update' a few years ago, we were offered $25K for our 1BR @ Park Soleil. Turns out, it's was a credit towards the purchase of a new deed. A studio at La Pacifica was going for $69K and up. We said, No Thank You.
 

JoeAdkins

TUG Member
Joined
Mar 15, 2023
Messages
36
Reaction score
30
Location
Colorado
Resorts Owned
HGVC Flamingo, 2br Platinum
HGVC Craigendarroch, 2br Platinum
When we did our 'owner update' a few years ago, we were offered $25K for our 1BR @ Park Soleil. Turns out, it's was a credit towards the purchase of a new deed. A studio at La Pacifica was going for $69K and up. We said, No Thank You.
Makes sense, "give a little, get a lot. "
 

dayooper

TUG Review Crew
TUG Member
Joined
Apr 14, 2018
Messages
4,181
Reaction score
3,682
Location
The Land of Ice and Snow
Resorts Owned
HGVC: The Flamingo, The Boulevard
Went to parc Soliel this morning for an owner update... After their intro video, they took us to the desk and said "I see you're a resale customer. I'd imagine you've done your research and know what I'm going to ask. The only thing... Do you know we're currently buying back flamingo deeds? Yours is worth about $25k... Interested?" I said "nope" and they sent us on our way with a $200 Visa gift card. I'm and out out in 15 minutes....

Was super easy... Anybody know what the flamingo buy back was about? I kind of wish I would have asked more details for my own info... We paid $5k last year.
Eh, my guess is ~$25,000 is what the original owner paid. Our Flamingo was bought in 1994 and they paid ~$11,500 (which was a bunch of money back then for access only to The Flamingo and the SW Florida resorts). Nothing is probably happening with The Flamingo.
 
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