• Welcome to the FREE TUGBBS forums! The absolute best place for owners to get help and advice about their timeshares for more than 32 years!

    Join Tens of Thousands of other owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 32 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 32nd anniversary: Happy 32nd Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    All subscribers auto-entered to win all free TUG membership giveaways!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
  • Now through the end of the year you can join or renew your TUG membership at the lowest price ever offered! Learn More!
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Very new to system...SVV resale w/o Options?

T

tiffnco

newbie
Joined
Oct 29, 2008
Messages
2
Reaction score
0
Location
Orange County, CA
Hi there,

I am (very) new to your community here...and you guys already helped us out a lot. We were just at the WMH and ALMOST bought from them...and I mean almost. I was on my blackberry looking up some information and all the "rescind" posts from this board popped up. So, needless to say, we didn't purchase from them.

Now, I'm on the hunt to find a property...and I need your help. From what I understand, the Vistana Villages is a mandatory property, right? Is it possible for a resale from this resort to not come with any StarOptions? The unit is in the Bella phase if that impacts anything.

Thanks in advance!
 
Welcome to TUG! :hi:

From the Starwood FAQ: a. If a resort is Staroption "Mandatory," it means that when the week is sold to a new owner (resale) the Staroption value of the week transfers to the new owner, and the new owner has the right to exchange his timeshare in the Starwood Vacation Network. These resorts are Staroption Mandatory:

* Harborside at Atlantis
* Vistana Villages (Bella and Key West phases only)
* Westin St. John (Virgin Grand - Hillside only)
* Westin Ka'anapali & Westin Ka'anapali-North
* Westin Kierland Villas


So all the resorts listed above always come with Staroptions on a resale.

More info:

Maintenance fees for standard 2 bdm. M resorts from the Developer Prices in Owner Resources (2009?):

Harborside Atlantis $2,433 - Staroptions - 148,100

WKORV-N $1,768 - Staroptions - 148,100

WSJ $1,631 - Staroptions - 148,100

SVV:
Bella $1,232 - Staroptions - 95,700
Key West $1,321 - Staroptions - 95,700​
​
​

Not in current sales so amount from 2008 MF thread in Owner Resources:

WKORV: $1,599 - Staroptions - 148,100

WKV: $1,207 - Staroptions - 148,100

Notice that you get fewer Staroptions at SVV. For a slightly lower MF, you get more Staroptions at WKV.
 
Last edited:
tiffnco said:
Hi there,

I am (very) new to your community here...and you guys already helped us out a lot. We were just at the WMH and ALMOST bought from them...and I mean almost. I was on my blackberry looking up some information and all the "rescind" posts from this board popped up. So, needless to say, we didn't purchase from them.

Now, I'm on the hunt to find a property...and I need your help. From what I understand, the Vistana Villages is a mandatory property, right? Is it possible for a resale from this resort to not come with any StarOptions? The unit is in the Bella phase if that impacts anything.

Thanks in advance!
Click to expand...

Bella comes with StarOptions no matter what the ad/seller says. But no StarPOINTS with any resale purchase ever (hotel points), even the mandatory ones. So maybe the seller is confused about the distinction between SPs and SOs??

Katherine
 
SDKath said:
Bella comes with StarOptions no matter what the ad/seller says. But no StarPOINTS with any resale purchase ever (hotel points), even the mandatory ones. So maybe the seller is confused about the distinction between SPs and SOs??

Katherine
Click to expand...

That would be , of course, if the seller is correct that the unit is actually in the Bella phase.
 
Very good point!! It should be on the estoppel and your contract to buy that it is either Bella or Key West to get the SOs.

Katherine
 
Just to clarify to the OP, Vistana Villages has 4 phases at the moment - Bella, Key West, Amelia and St. Augustine (currently under construction). Only the original 2, Bella and Key West, are mandatory and have membership within SVN transfer with resale. It is critical that when purchasing at Vistana Villages that you verify which development you are purchasing.
 
My 2 cents...buy where you plan on going every year. Otherwise, make sure you know what's involved in trading within SVN or II.

Trooper
(formerly R Chen)
 
Since you live in SoCal - I would consider WKV Plat season (Scottsdale - also Mandatory) over SVV (FLA)...
 
Thanks for all the advice guys. I was looking at the VV because of the price it's being offered for. I'd like to come into the program with as little money as possible at this point...I like giving myself the ultimate bargain hunt challenge!
 
tiffnco said:
Thanks for all the advice guys. I was looking at the VV because of the price it's being offered for. I'd like to come into the program with as little money as possible at this point...I like giving myself the ultimate bargain hunt challenge!
Click to expand...

Not having 148,100 Staroptions will limit your SVN exchanges. The 2 bdms. at many of the resorts are 148,100. Also, 95,700 Staroptions is an odd number, and if you use them for exchanges, will usually leave you with left-over and maybe wasted Staroptions.
 
DeniseM said:
Welcome to TUG! :hi:

More info:

Maintenance fees for standard 2 bdm. M resorts from the Developer Prices in Owner Resources (2009?):

Harborside Atlantis $2,433 - Staroptions - 148,100

WKORV-N $1,768 - Staroptions - 148,100

WSJ $1,631 - Staroptions - 148,100

SVV:
Bella $1,232 - Staroptions - 95,700
Key West $1,321 - Staroptions - 95,700​
​
​


Notice that you get fewer Staroptions at SVV. For a slightly lower MF, you get more Staroptions at WKV.
Click to expand...

A STANDARD 2 bedroom at SVV is worth 67,100/81,000 StarOptions, depending on the season. The LOCKOFF is worth 81,000/95,700. My MF at SVV for my STANDARD 2 BR is $830.
 
iluvwdw said:
A STANDARD 2 bedroom at SVV is worth 67,100/81,000 StarOptions, depending on the season. The LOCKOFF is worth 81,000/95,700. My MF at SVV for my STANDARD 2 BR is $830.
Click to expand...

Kim - so as to compare apples to apples, I listed the SO's & MF's for the 2 bdm. lock-offs at all the M resorts. The MF I quoted for SVV Bella is directly from the Starwood price sheets that I linked in the post - it's probably the 2009 MF.
 
DeniseM said:
Kim - so as to compare apples to apples, I listed the SO's & MF's for the 2 bdm. lock-offs at all the M resorts. The MF I quoted for SVV Bella is directly from the Starwood price sheets that I linked in the post - it's probably the 2009 MF.
Click to expand...

Oh, OK! I just read standard 1 BR in your first post. Sorry for the confusion.
 
You must log in or register to reply here.
Top