Resale: Lockoff vs. Two BR + One BR???

[lordnorth]

Looking to buy a resale in a mandatory resort.

We liked the idea of a LockOff because of the ability to separate, plus the extra points would allow us to take some 81k years, bank the balance, and every third year take a "bigger" vacation.

Considering this is a resale in a mandatory resort and not developer purchase.... Is there any benefit to buying a lockoff versus buying a 2 bedroom then buying a 1 bedroom?

Looks like the points are the same. I am guessing the maintenance fees would be the same. Sure, I know I will have to pay two closing costs and if I wanted an actual lockoff I would have to use StarOptions instead of my deeded week, but other than this, is there anything else?

Thanks for the input!
Chris

 

[DeniseM]

A lock-off vs. a 2 bdm. + a 1 bdm. are different purchases. I would think the MF for a 2 bdm. + a 1 bdm. would be a lot more. Or is the lock-off a 3-bdm?

At some resorts, the combined MF of the lock-off is lower than buying each side separately. SDO is a good example. See the MF sticky in Owner Resources for more info.

You will also have to pay 2 SVN fees every year, but I think the 2nd one is discounted.