Hello all and thanks in advance for your time.
I did do some reading and searching and just don't understand it.
My mother-in-law (MIL) wants to sell one of her Timeshares, she had a stroke and the unit will likely go unused from this point forward. Her husband passed 5 years ago.
I will give a list of bullet points to try to give an idea of what has happened thru out the years.
Bought 3 weeks in or around 1985 at Breezy Point MN.
Bought 1 week in or around 1995 at Breezy Point MN for a total of 4 weeks.
No clue how this works but she gets another week like every 3 years or something.
The following is the unit she wants to sell, bought in 2006.
Gold Owner if that means anything.
Club Wyndham – Waikiki Beach Walk, Honolulu Hawaii
Contract Type: UDI
Assigned to Club Wyndham Plus: Yes
Points Owned: 280,000
Use Year End Date: Dec 31
Contract Type: PIC
Assigned to Club Wyndham Plus: Yes
Points Owned: 154,000
Use Year End Date: N/A
Contract Type: PIC
Assigned to Club Wyndham Plus: Yes
Points Owned: 126,000
Use Year End Date: N/A
Questions/comments:
I don' t understand a PIC point from a UDI point to be honest and how they work.
Does she own one week in the same unit? If so I can't find a unit number. Or is a first come first serve type of deal for that one week?
If I have the history right they moved some points from Breezy to the Hawaii Timeshare program. These are the PIC points?
When going to sell the Hawaii unit does a person move the PIC points back to the Breezy units?
Does it make sense to move the points back, whats to gain if you do, how does one move them?
With the 4 weeks at Breezy Point the plan is to sell one of them after Hawaii and get it down to 3 weeks total. She wants to leave one week to each kid if they want it or not you get it.
I know the Hawaii unit is under Wyndham but for the life of me I'm not sure what system Breezy point is under, I thought it was RCI. Need to dig this up.
We really hope this Hawaii unit is desirable and we stand some chance to sell it. After I see how to deal with the points the next step on trying to sell it is going to be a challenge I'm afraid. Would be great if they would just buy it back. They were the first ones in this building so I'm sure she will have to take it in the shorts to move it.
As you can tell I'm a total noob here, feel like a fish out of water, I'm a quick learner thou.
Thanks for any insight or words of wisdom to help the family out.
Sorry it got so long,
Jay
I did do some reading and searching and just don't understand it.
My mother-in-law (MIL) wants to sell one of her Timeshares, she had a stroke and the unit will likely go unused from this point forward. Her husband passed 5 years ago.
I will give a list of bullet points to try to give an idea of what has happened thru out the years.
Bought 3 weeks in or around 1985 at Breezy Point MN.
Bought 1 week in or around 1995 at Breezy Point MN for a total of 4 weeks.
No clue how this works but she gets another week like every 3 years or something.
The following is the unit she wants to sell, bought in 2006.
Gold Owner if that means anything.
Club Wyndham – Waikiki Beach Walk, Honolulu Hawaii
Contract Type: UDI
Assigned to Club Wyndham Plus: Yes
Points Owned: 280,000
Use Year End Date: Dec 31
Contract Type: PIC
Assigned to Club Wyndham Plus: Yes
Points Owned: 154,000
Use Year End Date: N/A
Contract Type: PIC
Assigned to Club Wyndham Plus: Yes
Points Owned: 126,000
Use Year End Date: N/A
Questions/comments:
I don' t understand a PIC point from a UDI point to be honest and how they work.
Does she own one week in the same unit? If so I can't find a unit number. Or is a first come first serve type of deal for that one week?
If I have the history right they moved some points from Breezy to the Hawaii Timeshare program. These are the PIC points?
When going to sell the Hawaii unit does a person move the PIC points back to the Breezy units?
Does it make sense to move the points back, whats to gain if you do, how does one move them?
With the 4 weeks at Breezy Point the plan is to sell one of them after Hawaii and get it down to 3 weeks total. She wants to leave one week to each kid if they want it or not you get it.
I know the Hawaii unit is under Wyndham but for the life of me I'm not sure what system Breezy point is under, I thought it was RCI. Need to dig this up.
We really hope this Hawaii unit is desirable and we stand some chance to sell it. After I see how to deal with the points the next step on trying to sell it is going to be a challenge I'm afraid. Would be great if they would just buy it back. They were the first ones in this building so I'm sure she will have to take it in the shorts to move it.
As you can tell I'm a total noob here, feel like a fish out of water, I'm a quick learner thou.
Thanks for any insight or words of wisdom to help the family out.
Sorry it got so long,
Jay