suenmike32
TUG Member
I am a “weeks owner” of 3 OS platinum 2br units at OP. I purchased all of them re-sale, (thanks to TUG). I bit the bullet, paid the additional $1995.00 to enroll them in the DC (as well as one other unit elsewhere).
QUESTION:
If we sold (all 3) in a lump, what would the new owner’s rights be? If any?
Would the units still be enrolled in the DC, would the new owners enjoy any of the DC advantages (after paying their yearly fee of course).
I am really not interested in selling at this point, however, I’m trying to get a handle on why the resale value is so low. I have no interest in buying “Trust points”, yet when I do the math and figure out how many “Trust points” would be needed for a new “Trust point owner” to reserve 3 consecutive guest suites, then 3 consecutive 1 bedrooms during platinum season, including Presidents week (like we do). At the rate of $10.40 per point, they would need to own 16,650 points at the cost of $173,160.
Am I figuring something wrong here? I would think that “week owned units” (at less than a third of what the new Trust Point program costs), would surely hold their value.
Any thoughts?
Mike
QUESTION:
If we sold (all 3) in a lump, what would the new owner’s rights be? If any?
Would the units still be enrolled in the DC, would the new owners enjoy any of the DC advantages (after paying their yearly fee of course).
I am really not interested in selling at this point, however, I’m trying to get a handle on why the resale value is so low. I have no interest in buying “Trust points”, yet when I do the math and figure out how many “Trust points” would be needed for a new “Trust point owner” to reserve 3 consecutive guest suites, then 3 consecutive 1 bedrooms during platinum season, including Presidents week (like we do). At the rate of $10.40 per point, they would need to own 16,650 points at the cost of $173,160.
Am I figuring something wrong here? I would think that “week owned units” (at less than a third of what the new Trust Point program costs), would surely hold their value.
Any thoughts?
Mike