SDO requalified

[heckp]

Just wondering, how can I get my SDO requalified? What purchase will make sense? I know we have to purchase from developer, is that how it? Is it even worth it? We have SDO float 1- 52 EOYO 2BR LO.

 

[DeniseM]

Its not worth it - minimum cost is $20k from the developer. Since you have to spend so much with a developer purchase, it's not worth it to requal a unit that isn't worth at least 148,100 staroptions.

If you want more Staroptions just buy a mandatory deed on the resale market. You can buy the mandatory phases at SVV for very little.

*They are selling the new Flex program at SDO now - personally, I wouldn't do it, but if you inquire with Starwood, that is what they are going to offer you.

 

[heckp]

Thank you. The reason why I'm asking is I wanted to have staroptions to trade in SVN. Our HRA I know I'm not trading at all. If I buy one with 148,000 staroption EOY, can I only use it my year of use? Can I bank it?

My intentions are to use staroptions only not to trade the week.

 

[DeniseM]

Thank you. The reason why I'm asking is I wanted to have staroptions to trade in SVN. Our HRA I know I'm not trading at all. If I buy one with 148,000 staroption EOY, can I only use it my year of use? Can I bank it?

ALL SW timeshares with Staroptions can be banked and/or borrowed from. The Staroptions are treated the same whether you buy from the developer or resale except for 2 things:

• Can't be converted to Starpoints (hotel points)
• Doesn't count toward Elite Status.

 

[tschwa2]

For a 1-52 You would get 81,000 SO's EOY but you would have to buy another week that in general will cost you around $20,000 from starwood.

In general it doesn't make sense to make a retail purchase to requalify anything other than an annual unit that gets at least 148,000.


If you want 81,000 EOY SO's buy a mandatory Bella or Key West 2 br EOY for $3000 or less and then give away your SDO if you don't want it. It would cost you much less then going the developer purchase plus requalifying route.
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True platinum 2 br annuals are also hard to find these days. If you find one expect to pay $3000-$6000.

Agree my post is similar but wanted to add the actual SO's and a ball park figure for buying mandatory. Without those reference points it is harder to see why buying mandatory makes so much more sense.

 

[DeniseM]

For a 1-52 You would get 81,000 SO's EOY but you would have to buy another week that in general will cost you around $20,000 from starwood.

In general it doesn't make sense to make a retail purchase to requalify anything other than an annual unit that gets at least 148,000.


If you want 81,000 EOY SO's buy a mandatory Bella or Key West 2 br EOY for $3000 or less and then give away your SDO if you don't want it. It would cost you much less then going the developer purchase plus requalifying route.

There is an echo in here….

 

[grgs]

I'll add my echo to the other two. If you want to requalify a unit, buy something that will requalify at 148,100 or higher.

Alternatively, if you want more SOs, then buy a mandatory resale unit.

Look at this way:

Last time I looked into this, you could buy an EOY WLR Plat 2 bedroom unit for about $20K. If you did that and requalified your SDO unit, you would end up with 229,100 SOs EOY (or an average of 114,500 SOs EY) for your $20K. Or, for about $20K (probably a little less), you could buy an EY WKV Plat 2 bedroom unit for 148,100 SOs EY. The WKV would likely also maintain its value better than the other WLR and SDO.

You might be able to make a Sheraton Flex purchase for less than $20K and requalify a unit that way, but I would still say if you're going to do that, you might as well requalify a unit with a bigger SO value.

Glorian

 

[heckp]

Ok, let's say forget about requalifying and leave my SDO alone. We wanted 148,00 EOY, what would be the most reasonable,cheapest route to obtain that or is it even possible?

 

[DeniseM]

Ok, let's say forget about requalifying and leave my SDO alone. We wanted 148,00 EOY, what would be the most reasonable,cheapest route to obtain that or is it even possible?

As recommended above: Sheraton Vistana Villages - mandatory phases.

 

[heckp]

As recommended above: Sheraton Vistana Villages - mandatory phases.

Which phases would those be? Sorry

 

[DeniseM]

This is a good suggestion:

If you want 81,000 EOY SO's buy a mandatory Bella or Key West 2 br EOY for $3000 or less and then give away your SDO if you don't want it. It would cost you much less then going the developer purchase plus requalifying route.

 

[heckp]

This is a good suggestion:

Oops my bad I missed that

 

[DeniseM]

For a 1-52
Agree my post is similar but wanted to add the actual SO's and a ball park figure for buying mandatory. Without those reference points it is harder to see why buying mandatory makes so much more sense.

Just pulling your leg - thank you for adding the specific details.

 

[heckp]

This is a good suggestion:

We want an EOY 148,000 staroptions, can we accomplish this with buying SVV mandatory?

 

[tschwa2]

You could buy 2 81,000 EOY 2 br non lock off units in prime season. You could buy one in a lower season to get you 148,100 exactly but you would be paying the same MF's as buying the two 81,000.

 

[Ken555]

Ok, let's say forget about requalifying and leave my SDO alone. We wanted 148,00 EOY, what would be the most reasonable,cheapest route to obtain that or is it even possible?

I'd suggest considering how many years you intend on keeping this week, and then estimate total MFs for that time as compared to an EOY WKV Plat 2-bed. There's a higher up front cost for WKV but the MF is less. Last I checked I believe it was at the ~7 year point when WKV become the better option (I need to check again, be sure you do the math!).


Sent from my iPad

 

[heckp]

I'd suggest considering how many years you intend on keeping this week, and then estimate total MFs for that time as compared to an EOY WKV Plat 2-bed. There's a higher up front cost for WKV but the MF is less. Last I checked I believe it was at the ~7 year point when WKV become the better option (I need to check again, be sure you do the math!).


Sent from my iPad

I was going to ask this, I was thinking about the maintenance fees OF 2 SVV vs WKV to get what I want.

 

[lorenmd]

this makes sense but i did something a little different and it worked for me. i bought from the developer two platinum one bedroom WKV eoy that are worth 81K SO so a total of 162k EOY. with this purchase of 20K$ I requaled two SDO platinum eoy and one company 47 eoy sdo that i bought for next to nothing on bay and I gave them a freebie svv that i had bought for a dollar on bay and they gave me max credit for it. but i think i agree with the others that for just 148k SO i would buy a mandatory SVV or WKV enough to get enough SO with the lowest MF

 

[DeniseM]

Unless you are going for 5 Star elite, there really is no advantage in requalifying.

 

[heckp]

No intentions to go 5* elite at all. I was just wondering if it was worthwhile to requal. My wish is really to have EOY odd staroptions to use really to get Maui and other hawaiian islands to go with the Koolina week that is closing as we speak. We were hoping to get to other island before or after our Koolina stay.

 

[DeniseM]

It almost never makes sense to requalify, unless you are going for Elite Status.