GrampaTim
TUG Member
- Joined
- Aug 20, 2018
- Messages
- 70
- Reaction score
- 87
- Resorts Owned
- Carlsbad Seapointe
Over time our Seapointe purchases included 3 units. 2 are fixed week 32, a 1 bdr and a 2 bdr, and the third was a floating week with points. The last one is now owned by one of my sons. They accommodated our growing family through the years. Our total cost for all 3 was under $30K. We’ve owned for 29 years and certainly got our money’s worth. In fact when we were using points with RCI ( before the rental programs and consequent inventory shrinkage ) we often got 3 or 4 vacations out of our one floating week.At one time, a resale Grand Pacific Seapointe and Grand Pacific Palisades could be enrolled into HGVC but that has been stopped. I purchased a resale deed many years ago from the Palisades resale department and they included the HGVC enrollment at no cost. A number of years ago, HGV took over sales from Seapointe and Palisades (foreclosures and deedbacks). HGV uses those as a slightly cheaper option into HGV/Max. However, if someone purchases a Seapointe or Palisades direct to get into HGV/Max, and they decide to sell at some point, both the HGV point allotment and Max will disappear on the resale leaving just the underlying deed. This makes it a poor choice, IMHO.
Those resale Seapointe and Palisades deeds out there now were grandfathered in but when they sell, HGV enrollment will go away.
At a sales update, I was recently offered a Seapointe, 9280 point deed for $35,000. I purchased three*
*not true. You could buy the same resale Seapointe underlying deed for a $1
The money for our hour with the sales people will cover a nice meal out for our family.
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