Question about resort points / availability

[revlis01]

I assume you would have access to all the DRI resorts that include the newly branded HVC, since they are still DRI but I would post this to the HVC forum to get their thoughts. They may warn against buying resale which they call "dirty points".

Thanks. Posted over there.

 

[revlis01]

HGV bought out Diamond Resorts. Many of those listed are Diamond resorts that are slowing being renovated to meet HGV standards and rebranded into Hilton Vacation Club (HVC). They are a lower luxury hotel than HGVC or HC and if you aren't in Max now and just buying a resale, you will not have the ability to book them directly via Max. Max is the new exchange between HVC and HGVC/HC. Some are available via RCI though, which is available to all HGVC and HC owners. New owners who buy directly from HGV get into Max automatically but they also pay about 90% more than the resale cost. So far, it isn't worth that cost to me.

Hey on a slightly different issue - but you seem like an expert - what is meant by "floating week xx"? Example: a resale listing says floating week 26. I thought it's either fixed or floating?

 

[HuskerATL]

Hey on a slightly different issue - but you seem like an expert - what is meant by "floating week xx"? Example: a resale listing says floating week 26. I thought it's either fixed or floating?

Actually, I will let others chip in on this. I don't know how a floating week can have an assigned week. I could see it for Valdoro with fixed ski week and then a floating summer/fall week but not sure how that would apply to other resorts.

 

[LAWUFL]

I would ask the seller; but sometimes you’ll see a fixed week assigned to a floating week deed for inventory control purposes. The deed is still floating.

 

[Talent312]

With my TS's, the deeds specify a week+unit, but in a floating system...
I do not get to use them (nor will I ever know where they are).
They simply indicate my season and size (or points) for booking.
IOW, the unit-week specified merely provides a license to hunt.
.

 

[HuskerATL]

With my TS's, the deeds specify a week+unit, but in a floating system...
I do not get to use them (nor will I ever know where they are).
They simply indicate my season and size (or points) for booking.
IOW, the unit-week specified merely provides a license to hunt.
.

it doesn't list that in our Blvd contract, just says weeks: N/A and Use Type: Float. and in the unit description it just says a .00479% undivided interest...in Blvd...2 bedroom suite every year....

 

[JIMinNC]

Hey on a slightly different issue - but you seem like an expert - what is meant by "floating week xx"? Example: a resale listing says floating week 26. I thought it's either fixed or floating?

In almost all cases that I am aware of, timeshares deeds include a week and unit number for legal recording purposes, even for a floating week. That's a legal requirement in most, if not all jurisdictions, for recording in the county real estate system. For example, on the deed for our week at HGVC Sea World, the real property description states Week 14 and a specific unit number. It also shows the deed book number and page number where the deed is recorded in Orange County, Florida.

But while the legal deed is for that unit/week, we have no specific rights to that unit or week. Our rights float for any 2 bedroom unit and any week in Platinum season at that resort, subject to availability on a first-come, first-served basis. And that only applies for booking our home resort in home resort season, which we have never done. We have always booked other HGVC properties during Club Season using our points.

 

[magmue]

My understanding is the same as JIMinNC. Having a specific week and a specific unit spelled out in the deed for a floating week is supposed to prevent overselling.

Like Bialystock and Bloom selling each one of 20 little old ladies a 50% share of the Broadway show they're producing.

 

[HuskerATL]

My understanding is the same as JIMinNC. Having a specific week and a specific unit spelled out in the deed for a floating week is supposed to prevent overselling.

Like Bialystock and Bloom selling each one of 20 little old ladies a 50% share of the Broadway show they're producing.

like the airlines do?