ROFR Exercised/Passed

[Sky313]

Kingsland Annual 16,400 $5700, passed.

Woohoo!!! W57th 1BR plus platinum annual (14,880) just passed at $4,000.

Mind if i ask who your brokers are and how you both got excellent deals?

 

[drucifer]

Mind if i ask who your brokers are and how you both got excellent deals?

Seriously, I'd drop $10k to get 31+k points and a platinum foot in the door at W57 all day long.

 

[Lodemia]

I watch redweek and tug2 resales like a hawk. This particular one was posted to redweek and I was the first to respond. At $4k, I just paid asking without any back and forth.

 

[Lodemia]

Seriously, I'd drop $10k to get 31+k points and a platinum foot in the door at W57 all day long.

Same

 

[Wannabe-snowbird]

Woohoo!!! W57th 1BR plus platinum annual (14,880) just passed at $4,000.

What a great deal! Was that including closing? in process of making offer on 1 br platinum w57th…nervous too low won’t pass ROFR

 

[pacman777]

I watch redweek and tug2 resales like a hawk. This particular one was posted to redweek and I was the first to respond. At $4k, I just paid asking without any back and forth.

What is the Maintenance fees on that? Great deal if it’s lower on a $per point basis compared to the Studio Plus.

 

[Cyberc]

What is the Maintenance fees on that? Great deal if it’s lower on a $per point basis compared to the Studio Plus.

for a studio plus it’s $0.195

so it’s slightly better but you also need to cough up approx $3k in annual MF

 

[Lodemia]

I don’t have this years statement yet, but last year was $.175. There were $950 in closing - $625 Hilton plus broker fees.

 

[Lodemia]

Kings' Land 2BR Plus Platinum Annual (13440). Passed $3500!

Pre-answering some questions - Source: Redweek, closing costs: $950, 2023 year of first use, previous years maintenance $1,676.20

 

[TheDude]

Elara 1BR Grand Platinum Annual (11,200) passed $5,750.

 

[timesharesrock]

Anyone been through ROFR at the Grand Waikikian recently? Would love to here how it went.

 

[Nowaker]

Las Vegas Boulevard 2 BR Gold 5000 old / 8000 new pts - purchase price $0 via Gift Transfer Affidavit - passed (obviously) - two business days wait.

 

[Lodemia]

Las Vegas Boulevard 2 BR Gold 5000 old / 8000 new pts - purchase price $0 via Gift Transfer Affidavit - passed (obviously) - two business days wait.

Congrats on that one. I paid a lot more than that, but it was my first hgvc deed ever.

 

[Nowaker]

Congrats on that one. I paid a lot more than that, but it was my first hgvc deed ever.

This one is "okay". It's okay for free (cover $1500 closing) but nothing more than that. When acquired from a broker, for a typical price of $1000-$1500, all that money goes to the broker and seller ends with nothing. So it's simply better to give it out for free and skip the middleman.

The best ones I got was Blvd 1 BR Gold 5440 where seller covered closing and all I paid was the post-closing $600-ish fee at a later point. And one Elara and one Trump, at ~$0.11 MFpp each, loaded with points, for the cost of closing and post-closing costs ($1500 each). Total of 40,000 new pts or something saved (I gave them my CC number to save these points for me, just in case the transfer doesn't complete by EOY 2021, haha!). It all went well. THIS was the thing worth congrats!

 

[nindark]

Las Vegas Paradise 2BR Platinum Annual (11200) passed $4950. Also our first deed!

 

[Nowaker]

Las Vegas Boulevard 2 BR Gold 5000 old / 8000 new pts - purchase price $0 via Gift Transfer Affidavit - passed (obviously) - two business days wait.

Transfer completed - full timeline:

 

[timesharesrock]

ROFR Passed back in December and finally closed last week and just posted to the HGVC website.
Annual Grand Waikikian 2 Bedroom Platinum Garden View Room (16,800 Points new) $7,500.
There was an additional $1,786 in closing cost we paid.
Pretty excited as we like to go to Hawaii every year with the kids.

 

[letsgobobby]

nice find

 

[GT75]

Annual Grand Waikikian 2 Bedroom Platinum Garden View Room (16,800 Points new) $7,500.

Congratulations. Just think the original owner paid probably around $84K. Can you post the MFs for this unit to our MF Sticky? Also, can you also post the other unit types which can be obtained from the budget? We don't have the MFs for this resort so I don't know how they compare to the other resorts.

 

[timesharesrock]

Congratulations. Just think the original owner paid probably around $84K. Can you post the MFs for this unit to our MF Sticky? Also, can you also post the other unit types which can be obtained from the budget? We don't have the MFs for this resort so I don't know how they compare to the other resorts.

Thanks. The MFs for 2023 are $2,121.07. Crazy part was the owner was asking $5K for it, I went up to $7,500 because both myself and agent that found it were concerned it wouldn't make it through ROFR.

 

[raddoc]

Elara 1 Bedroom Grand Plus - Platinum, 12, 480 points
Annual (1st usage in 2024)
Passed ROFR @ $6000

Posted on ROFR.net

 

[BingoBangoBongo]

Elara 1 Bedroom Grand Plus - Platinum, 12, 480 points
Annual (1st usage in 2024)
Passed ROFR @ $6000

Posted on ROFR.net

That's a great deed! I bought a Platinum 1 BR Grand for $5250 in late 2020 that has 11,200 points per year. The 1BR Grand and Grand Plus are hard to find and to me worth paying for due to the extremely low MF's. Your deed in 2023 would be about $.076/point.

 

[chapjim]

Tuscany Village, 1BR, Platinum, 7,680 points
Annual, first usage 2023
Passed ROFR @$1.00

McAlpin, 1BR, Platinum, 15,360 points
Annual, first usage 2023
Passed ROFR @ $405

Both posted on ROFR.net

 

[BingoBangoBongo]

The two most recent postings by @raddoc and @chapjim really illustrate two different approaches to acquiring resale. Raddoc's purchases has a higher up front cost, but lower MF's of just under $.08/point. Chapjim picked up what appears to be three weeks for next to nothing, but I would estimate the MF's to be just under $.16/pt. Doing some rough math (using a 5% increase in MF's) I would guess it would take about 5-6 years before raddoc's deal gains an advantage over chapjim.

No right or wrong way to go here, but I am in Camp Raddoc as I am looking at a 10-15 year time frame and like having really low cost reservations.

 

[HuskerATL]

The two most recent postings by @raddoc and @chapjim really illustrate two different approaches to acquiring resale. Raddoc's purchases has a higher up front cost, but lower MF's of just under $.08/point. Chapjim picked up what appears to be three weeks for next to nothing, but I would estimate the MF's to be just under $.16/pt. Doing some rough math (using a 5% increase in MF's) I would guess it would take about 5-6 years before raddoc's deal gains an advantage over chapjim.

No right or wrong way to go here, but I am in Camp Raddoc as I am looking at a 10-15 year time frame and like having really low cost reservations.

Then you should by 3 bedroom platinum Craig Lodges. Relatively inexpensive, about £7k, and low MFs, 0.076 and only pay £195 legal fee to close and a £347 fee to activate the points, if you want that week in HGV. The 1 bed plat are much cheaper, I paid less than $2k for most of ours, but have MFs at 0.09.