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ROFR Exercised/Passed

Reddart

TUG Member
Joined
Oct 19, 2022
Messages
237
Reaction score
249
Resorts Owned
ELARA
W57th
Back door “Max”
Congrats! Saw that one too late.
 

Snezz1e

TUG Member
Joined
Mar 23, 2023
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111
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121
just reached out again and ROFR passed!

W57th STP Plat 8400 annual

$609 + $1700 transfer/closing plus HGVC activation

includes free 2024 points

This is our 2nd W57th and 5th deed overall and should do us for a while. Or I need to retire sooner.
Great deal but not very cost effective as a 2nd deed since you don't get any additional benefits vs. other bHC deeds.

You get more bHC points and pay less annual MFs getting a District deed or buying a W57 20160 deed and getting rid of the first one.
 

letsgobobby

TUG Member
Joined
Dec 18, 2009
Messages
1,491
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859
Resorts Owned
HGVC - Lagoon, W57th, MarBrisa, Paradise
Great deal but not very cost effective as a 2nd deed since you don't get any additional benefits vs. other bHC deeds.

You get more bHC points and pay less annual MFs getting a District deed or buying a W57 20160 deed and getting rid of the first one.
You paid $10k for the 1 BR? so call it $12,500 all in, Mine was $2300 but $1900 free points so $400 OOP.

It would take many many years for me to breakeven even if I could get the deal you got.

I thought about the District but the ability to use points across bHC locations appears to be either a loophole or at least not assured and we have no desire to go to DC every year. I think the adage of buy where you want to go still makes sense.

You have a good plan no doubt.
 

Nomad420

TUG Member
Joined
Jan 4, 2017
Messages
394
Reaction score
103
Resorts Owned
HGVC New York Mid Town
(I know the maintenance fees are high, but I specifically wanted a NYC property.) Just passed ROFR on a $1 ebay sale for 16000 points at HCNY.
Already own at HCNY and love that deal! Crazy to me that it passed ROFR but as others noted they don't want to carry the MF's. I saw a similar deal (not quite that good) but with the MF's I wasn't sure how often I would use the property from the west coast and didn't bite on it. As others here note, I bought where I wanted to stay. I never trade out or use my points elsewhere for years now. Just curious what is your current stated MF's on that deal if you don't mind releasing that info?
 

Reddart

TUG Member
Joined
Oct 19, 2022
Messages
237
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249
Resorts Owned
ELARA
W57th
Back door “Max”
W57th annual platinum studio plus, just passed ROFR for $1500.

In the scheme of things, especially looking at only a few years ago, a decent deal. But compared to Bobby’s screaming deals, I feel almost like I’m paying retail.
 

letsgobobby

TUG Member
Joined
Dec 18, 2009
Messages
1,491
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859
Resorts Owned
HGVC - Lagoon, W57th, MarBrisa, Paradise
great deal! that's lower than the average across my two.
 

JimS

TUG Member
Joined
Jun 20, 2006
Messages
119
Reaction score
53
Location
South Florida
Resorts Owned
HGVC; Vistana Beach Club (VBC) and Sheraton Flex; Marriott Abound Points; Berkley Vegas (Vacation Village EOY RCI Weeks) and LHC
The Residences, Float Unit Premiere, Studio 1 bathroom, Float Week# 1-6 & 29-34 Gold Season, 8160 points, passed at $500.
 

Nomad420

TUG Member
Joined
Jan 4, 2017
Messages
394
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Resorts Owned
HGVC New York Mid Town
The Residences, Float Unit Premiere, Studio 1 bathroom, Float Week# 1-6 & 29-34 Gold Season, 8160 points, passed at $500.
Congratulations, great deal. I guess they really aren’t taking any properties back.
 

VegasOrBust

TUG Member
Joined
Oct 26, 2021
Messages
10
Reaction score
27
Resorts Owned
Nanea, Boulevard, Elara
Elara 1 BR 11,200 points/year (Platinum Plus?). Passed ROFR.

Receiving 11,200 current year points + 11,200 banked points

Seller paid closing costs, $1750 out of pocket so far (+transfer fee to HGVC up and coming)

Posting on ROFR.NET

2nd Resale, first was Boulevard...
 

VegasOrBust

TUG Member
Joined
Oct 26, 2021
Messages
10
Reaction score
27
Resorts Owned
Nanea, Boulevard, Elara
Elara 1 BR 11,200 points/year (Platinum Plus?). Passed ROFR.

Receiving 11,200 current year points + 11,200 banked points

Seller paid closing costs, $1750 out of pocket so far (+transfer fee to HGVC up and coming)

Posting on ROFR.NET

2nd Resale, first was Boulevard...
Shoutout to Express Closing Firm, LLC -

Signed purchase and sale agreement, 5/16, points available in HGVC account 6/14. 4 weeks exactly -

Current year 11,200, banked points 11,200.
 

Chris-ATX

TUG Member
Joined
Apr 7, 2024
Messages
119
Reaction score
75
Resorts Owned
HGVC Marbrisa
Paradise, 11,200 annual points, 2Bdrm Platinum. $1500, seller paid closing costs.

Agreement reached and paid on May 10, points in account 6/24. 6.5 weeks start to finish

Posted to ROFR.net

This is our first resale purchase and it went well. Looking to add Elara or Blvd (though we still keep looking at Craig Lodges)
 

HuskerATL

TUG Lifetime Member
Joined
Jan 24, 2020
Messages
3,469
Reaction score
2,108
Resorts Owned
HGVC at Boulevard and Craigendarroch Lodges
Paradise, 11,200 annual points, 2Bdrm Platinum. $1500, seller paid closing costs.

Agreement reached and paid on May 10, points in account 6/24. 6.5 weeks start to finish

Posted to ROFR.net

This is our first resale purchase and it went well. Looking to add Elara or Blvd (though we still keep looking at Craig Lodges)
very nice buy.....good job.
 

dayooper

TUG Review Crew
TUG Member
Joined
Apr 14, 2018
Messages
4,144
Reaction score
3,615
Location
The Land of Ice and Snow
Resorts Owned
HGVC: The Flamingo, The Boulevard
Paradise, 11,200 annual points, 2Bdrm Platinum. $1500, seller paid closing costs.

Agreement reached and paid on May 10, points in account 6/24. 6.5 weeks start to finish

Posted to ROFR.net

This is our first resale purchase and it went well. Looking to add Elara or Blvd (though we still keep looking at Craig Lodges)
Fantastic deal! Great price and seller paying closing costs. Where did you find this?
 

OneOldGuy75

Guest
Joined
Jun 7, 2024
Messages
29
Reaction score
5
Paradise, 11,200 annual points, 2Bdrm Platinum. $1500, seller paid closing costs.

Agreement reached and paid on May 10, points in account 6/24. 6.5 weeks start to finish

Posted to ROFR.net

This is our first resale purchase and it went well. Looking to add Elara or Blvd (though we still keep looking at Craig Lodges)
Agree - great deal ….. where’d you find that ?
 

Nomad420

TUG Member
Joined
Jan 4, 2017
Messages
394
Reaction score
103
Resorts Owned
HGVC New York Mid Town
Here on Tug in the Marketplace listing.
Good to hear, I have not had any luck with my Marketplace listings, sold one of my units on the TS own "local" site. The remaining listing is still hanging there. No big deal still enjoying the location (Snow Bird) and I figure it will eventually sell. I did looked to buy in NYC a few years back (pre pandemic) at the TUG Marketplace but at that time didn't really see any great deals.
 

loosefeet

TUG Review Crew
TUG Member
Joined
Jun 16, 2005
Messages
461
Reaction score
69
Location
Northern California
Just purchased our 2nd annual platinum W 57th studio plus (need for a large family)--$1000 passed ROFR--and closing costs included as well as 5700 points. Not in account yet, just got all the paperwork in after ROFR passed.
Paid more for the 1st one as wasn't aware of the high closing costs with NY properties, so paid more for closing than the contract first time around.
 

Reddart

TUG Member
Joined
Oct 19, 2022
Messages
237
Reaction score
249
Resorts Owned
ELARA
W57th
Back door “Max”
Just purchased our 2nd annual platinum W 57th studio plus (need for a large family)--$1000 passed ROFR--and closing costs included as well as 5700 points. Not in account yet, just got all the paperwork in after ROFR passed.
Paid more for the 1st one as wasn't aware of the high closing costs with NY properties, so paid more for closing than the contract first time around.
Awesome deal.
 

T5travels

Guest
Joined
May 9, 2024
Messages
16
Reaction score
21
Location
Seattle, WA
Resorts Owned
HGVC Las Vegas Boulevard
Purchased a 2 BR Platinum at the Boulevard, 11,200 annual points (starting 2025) for $5000 + all closing/transfer costs (about $2200).

Agreement was reached and signed on May 8, passed ROFR 6/21, signed final paperwork on 6/25 and points in account 7/1.

A little over 7 weeks start to finish. Thanks to all on this great Forum for the advice, info tips, etc. A little more time and patience may have gotten us a better deal, but we're happy to be in the Club now (and not via retail).

It was posted on ROFR.net
 

letsgobobby

TUG Member
Joined
Dec 18, 2009
Messages
1,491
Reaction score
859
Resorts Owned
HGVC - Lagoon, W57th, MarBrisa, Paradise
just reached out again and ROFR passed!

W57th STP Plat 8400 annual

$609 + $1700 transfer/closing plus HGVC activation

includes free 2024 points

This is our 2nd W57th and 5th deed overall and should do us for a while. Or I need to retire sooner.
this showed up in our account today. It took exactly 99 days from the day I won the EBAY auction to the day the points showed up in our account. Very pleased for an NYC deed!
 

letsgobobby

TUG Member
Joined
Dec 18, 2009
Messages
1,491
Reaction score
859
Resorts Owned
HGVC - Lagoon, W57th, MarBrisa, Paradise
@letsgobobby Great find but wow. That's a long wait. How long did HGVC take from deed to close?
As far as I know HGVC did their part in about 14 calendar days. nyc deeds always take a long time. my previous one was more like 4 months. they require actual lawyers and are also more expensive than other deeds.
 
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