Using 2013 and 2014 points

[antjmar]

See post number 5 on the following link: http://tugbbs.com/forums/showthread.php?t=196161

Westwinds is my favorate resort and I own two converted fixed weeks there. If the seller can produce the deed that matches the legal discription that this is a UDI contract, go for it. (a biased point of view from a owner).

Westwinds is my favorite too, but my kids prefer seawatch!

 

[gemini2678]

See post number 5 on the following link: http://tugbbs.com/forums/showthread.php?t=196161

Westwinds is my favorate resort and I own two converted fixed weeks there. If the seller can produce the deed that matches the legal discription that this is a UDI contract, go for it. (a biased point of view from a owner).

so if it is a UDI contract at Westwinds then it will share ARP?

 

[gemini2678]

Westwinds is my favorite too, but my kids prefer seawatch!

we have 4 kids, ages 14-2, which is what makes Seawatch the preferred for us as well, but us adults also like to go to MB, just the two of us, once a year for an extended weekend getaway

 

[rrlongwell]

so if it is a UDI contract at Westwinds then it will share ARP?

Apparently, make absolutly sure that the paperwork says that. Paperwork from the orignal owner that is binding on present day Wyndham as a successor in ownership.

 

[gemini2678]

Apparently, make absolutly sure that the paperwork says that. Paperwork from the orignal owner that is binding on present day Wyndham as a successor in ownership.

Thank you. I will request the paperwork from the seller.

 

[gemini2678]

Apparently, make absolutly sure that the paperwork says that. Paperwork from the orignal owner that is binding on present day Wyndham as a successor in ownership.

So, this is indeed a UDI contract. However, how do I determine that it will share ARP with other MB properties?? That is what I am ultimately concerned about? Is that something that I would have to contact Wyndham directly about??

Perhaps I should just be patient and wait for a less iffy property to cross my path.

 

[learnalot]

So, this is indeed a UDI contract. However, how do I determine that it will share ARP with other MB properties?? That is what I am ultimately concerned about? Is that something that I would have to contact Wyndham directly about??

Perhaps I should just be patient and wait for a less iffy property to cross my path.

If it is definitely a UDI contract, it will share ARP. If it is a converted fixed week, it won't.

 

[gemini2678]

If it is definitely a UDI contract, it will share ARP. If it is a converted fixed week, it won't.

The seller at Sumday says it is a UDI Contract. This is the information he sent to me. I apologize for copying and pasting as it was sent as a word document and I don't know any other way to attach that in this forum.


And I appreciate your help.


156-07-19-199-253-254-255

Map Blk Parcel

Contract # 13-9400477

Wyndham Westwinds

True/Actual Consideration $_______

Prepared By:

Franklin J. Lewis

P O Box 1278

Marthasville, MO 63357

Return recorded deed to:

Sumday Vacations

P.O. Box 938

Kimberling City, MO 65686

WARRANTY DEED

THIS DEED,
That the Grantor, in consideration of ________________________ Dollars ($_________.00) and other good and valuable consideration

to it paid by the Grantee, the receipt of which is hereby acknowledged, has bargained and sold, and by these presents does grant bargain

and sell and convey unto the aforesaid Grantee, their heirs, devises, successors and assigns, the following described property:

The following described real estate located in the County of Horry and State of South Carolina as

follows:

A 49,000/ 32,886,000 undivided fee simple absolute interest in the Units 204, 806, 807, 901, and 1010 as tenants in common with the

other undivided interest owners of said Unit weeks.

of Westwinds Condominiums Horizontal Property Regime as recorded in Plat Cabinet C, Page 166, and as described in the aforesaid

Declaration, Master Deed, Covenants and Restrictions, and By-Laws, applicable thereto, as recorded in Book 1407, Page 303, and any

amendments and supplements thereto, all in the Office of the Register of Mesne Conveyances for Horry County, South Carolina, together

with an undivided interest in the common areas as described in said Declaration, which undivided interest has been assigned 49,000

Fairshare Plus Points symbolic of said Property interest.

This being the same property conveyed to Grantor and recorded in Book No. 2001 Page 393-395 in the

Official Records of Horry County, State of South Carolina.

This conveyance is subject to and by accepting this Deed Grantee(s) do(es) hereby agree to assume the obligation for payment of real

estate taxes for the current year and subsequent years. Further, by accepting this Deed Grantee(s) accepts title subject to the restrictions,

liens and obligations set forth in the (1) Conditions, restrictions, limitations, reservations, easements and other matters of record, (2)

Declarations for the Project and all amendments and supplements thereto, and agrees to perform obligations set forth there in accordance

with the terms thereof.

WITNESSETH

The Benefits and obligations hereunder shall inure to and be binding upon the heirs executors, administrators, successors and assigns of

the respective parties hereto. The Grantor does hereby fully warrant the title to said land, and will defend the same against the lawful

claims of all persons. The plural number as used herein shall equally include the singular. The masculine or feminine gender as used

herein shall equally include the neuter.

IN WITNESS WHEREOF Grantor has executed this instrument on the day and year first above written.

___________________________ ___________________________

Witness: Witness:

___________________________ ___________________________

Print Name Print Name

_______________________________



Place seal here à

)SS.

STATE OF ________________ )

COUNTY OF _______________ )

On this ______ day of __________________20____, before me personally appeared Franklin J. Lewis and Karen K. Lewis,

to me known to be the person(s) described in and who executed the foregoing instrument, and acknowledged that they/he

executed the same as his/their free act and deed.

_____________________________

Notary Public

Print Name/Expiration date:________________________________

Note to Notary: Please keep seal out of the ¾ inch margin on all sides and do not place it over print of the

document.

STATE OF SOUTH CAROLINA )

COUNTY OF BEAUFORT ) Exemption for Existing Encumbrance

PERSONALLY appeared before me the undersigned, who being duly sworn, deposes and says:

1. I have read the information on this affidavit and I understand such information to be true and complete to the best of my knowledge

and belief. In accordance with Sect. 12-24-70, I am the responsible person connected with this transaction.

2. Description/location of property being transferred is: _Wyndham Westwinds _____________________________________

________________________________________Tax District/Map/Parcel # 156-07-19-199-253-254-255

This property was transferred by Franklin J. Lewis and Karen K. Lewis _____________________________________

to_________________________________________________on----__________________.

3. The Deed is:

a) __X__ subject to the Deed recording fee as a transfer for consideration paid or to be paid in money or money’s worth; or, is

subject to the Deed recording fee as a transfer between a corporation, a partnership, or other entity, and a stockholder, partner,

or owner of the entity, or is a transfer to a trust or as a distribution to a trust beneficiary.

b) ____ exempt from the Deed Recording Fee under 12-24-40 subsection ______, SC Code.

4. Check one of the following if 3(a), above has been checked:

a) _X___ The Recording Fee is computed on the consideration paid or to be paid in money or money’s worth in the amt of

$________________.

b) ____ Fee is computed on the fair market value of the realty, which is $_____________________.

c) ____ The Fee is computed on the fair market value of the realty as established for property tax purposes,

which is: $ _________________________.

5. EXEMPTION FOR EXISTING ENCUMBRANCE: A lien or encumbrance existed on the land, tenement, or realty before the

transfer and remained on the land, tenement or realty after the transfer. The amount of the outstanding balance of this Lien or

encumbrance is: $______0_________________.

The Deed Recording Fee is computed as follows:

a) Amount listed in item 4, above: $ ________________________

b) Amount listed in this item 5, above: __0______________________

c) Subtract Line 5.(a) from line 5.(b): $ ________________________

The Deed Recording Fees due, which are calculated against the net amount listed on Line

4. (_X__), above is: $ ________________ or 5.(c), above is: $ ________________

Signature of Responsible Person Connected with Transaction: ___________________________________

Printed/Typed Name and Capacity/Title of Responsible Person: Franklin J. Lewis and Karen K. Lewis

SWORN to before me this _____ day of _______, 20__.

Signed: __________________________________________

NOTARY PUBLIC for _______________________________

My Commission Expires: __________________________

) AFFIDAVIT OF TRUE CONSIDERATION

and

 

[learnalot]

It looks to be a UDI contract, but I don't have ours to compare it to and be sure. Maybe someone else will be kind enough to do that for you. May I suggest that you edit your post to remove the name and address of the current title holders (about 12 lines down - under "Warranted Deed").

 

[gemini2678]

It looks to be a UDI contract, but I don't have ours to compare it to and be sure. Maybe someone else will be kind enough to do that for you. May I suggest that you edit your post to remove the name and address of the current title holders (about 12 lines down - under "Warranted Deed").

I edited. Sorry about that.

 

[learnalot]

I edited. Sorry about that.

No problem..just seemed like a good idea

 

[gemini2678]

No problem..just seemed like a good idea

i agree!! i should have caught it the first time i will blame it on the four children running around. they are always a good excuse for my bad behavior.

 

[ScubaKat]

We love Seawatch as well! First Wyndham property we stayed at was Ocean Blvd and dh was so turned off by the experience that he didn't want us to purchase Wyndham at all. We like Seawatch a lot better and go for a lot of long weekends over the summer.. never stayed at Westwinds though.

I would suggest you look into Ocean Blvd points.. the MFs are lower than Seawatch and Westwind and it also shares Myrtle Beach APR.

we have 4 kids, ages 14-2, which is what makes Seawatch the preferred for us as well, but us adults also like to go to MB, just the two of us, once a year for an extended weekend getaway

 

[gemini2678]

We love Seawatch as well! First Wyndham property we stayed at was Ocean Blvd and dh was so turned off by the experience that he didn't want us to purchase Wyndham at all. We like Seawatch a lot better and go for a lot of long weekends over the summer.. never stayed at Westwinds though.

I would suggest you look into Ocean Blvd points.. the MFs are lower than Seawatch and Westwind and it also shares Myrtle Beach APR.

i already have 154k at Seawatch. just looking to pick up a few more so we have enough ARP for a 2BR. This contract gives us just enough points to do that.

 

[gemini2678]

Per the legal description in ad this isn't a converted fixed week. Confirm before you buy but I'm fairly certain it will work for you. You'll probably get it for a song since IMO it's worthless without having another MB contract to combine with.

I ended up passing it by - but it ended up selling for $112.50 plus $98 in closing/transfer fees. The MFs were pretty high for the small amount of points, which ultimately turned me off.

I decided to hold out for something with a bit more points at one of the other MB properties that I know without a doubt will give me ARP at Seawatch.

 

[Lisa P]

That seems like a wise choice, to wait. A mid-sized contract is easier to resell later, if you decided you didn't want to keep it at some point. Also, you already know that you may like to take an occasionally adults-only weekend away in the off-season, so a total ownership that includes enough additional points to give you that, may be more appealing.

We do enjoy our large group gatherings at least once a year with our adult children/spouses and with friends and their families. But we also LOVE our shorter, relaxing, romantic getaways, for just the two of us. :whoopie: Fortunately, our Wyndham points provide for both.

 

[antjmar]

I ended up passing it by - but it ended up selling for $112.50 plus $98 in closing/transfer fees. The MFs were pretty high for the small amount of points, which ultimately turned me off.

I decided to hold out for something with a bit more points at one of the other MB properties that I know without a doubt will give me ARP at Seawatch.

I was surprised it went that high!

 

[gemini2678]

That seems like a wise choice, to wait. A mid-sized contract is easier to resell later, if you decided you didn't want to keep it at some point. Also, you already know that you may like to take an occasionally adults-only weekend away in the off-season, so a total ownership that includes enough additional points to give you that, may be more appealing.

We do enjoy our large group gatherings at least once a year with our adult children/spouses and with friends and their families. But we also LOVE our shorter, relaxing, romantic getaways, for just the two of us. :whoopie: Fortunately, our Wyndham points provide for both.

We love our long weekend getaways without the kids as well, although now that my oldest is starting kindergarten, I fear those are going to be harder to take now. The teenagers are my stepkids, so we always plan those weekends when they are with their mom.

What we really need is to live closer to my inlaws - then we can pawn the kids off on them and not have to worry about the kids getting to school while we are away!!

 

[gemini2678]

I was surprised it went that high!

That's more than I would have paid for it.