Vistana, Westin & Sheraton Deedback program

[Mauiwmn]

We received our paperwork for our 2 Princeville buybacks. Got docs notarized and sent back same day. Our paperwork went to my junk email box initially. Suggest you ask to have docs fed ex to you as many pages to print out and easier delivery vs potential email issues.

 

[ccy]

Ill take it....

How serious are you? Haven't received any paperwork to sign. Might be
still be able to cancel the transaction ...

 

[GrayFal]

How serious are you? Haven't received any paperwork to sign. Might be
still be able to cancel the transaction ...

@ccy click on the blue user name and send the interested party a message. But also list it here for free. There would be more than one person interested in a week 8 Bella section as Star Option use transfers with ownership.

Free Timeshares

Timeshare ownerships offered completely free by owners! Rehome an unwanted timeshare at no cost! Timeshares listed here must be offered completely free!

tugbbs.com

 

[dioxide45]

A Bella week 8 2BR dedicated unit (Not the Lock off kind) should be able to be sold for $1000+ Perhaps closer to $2K.

 

[robertk2012]

I might have been lucky but I purchased my units for closing costs...although some of those closing costs were clearly inflated.

A Bella week 8 2BR dedicated unit (Not the Lock off kind) should be able to be sold for $1000+ Perhaps closer to $2K.

 

[dioxide45]

I might have been lucky but I purchased my units for closing costs...although some of those closing costs were clearly inflated.

Depending on when you picked them up, times have changed. What was free just a few years ago, they aren't today. It is hard to find free or just for closing cost prime mandatory SVV weeks these days. Even finding them at all is becoming challenging.

 

[robertk2012]

Depending on when you picked them up, times have changed. What was free just a few years ago, they aren't today. It is hard to find free or just for closing cost prime mandatory SVV weeks these days. Even finding them at all is becoming challenging.

All in the last year.

 

[dioxide45]

All in the last year.

Where were you finding these? Were they 81K Prime weeks? Even a 1BR Prime SVV week sold for over $1,000 on Ebay last year.

 

[robertk2012]

81k prime weeks. I have a broker that has been finding them for me. Probably people who just want out.

 

[Ken555]

81k 2-bed's haven't been that difficult to find since they have higher MFs, at least back when I looked around on occasion (I was not serious about those units so didn't look that much).

 

[dioxide45]

81k 2-bed's haven't been that difficult to find since they have higher MFs, at least back when I looked around on occasion (I was not serious about those units so didn't look that much).

The 81K prime 2BR weeks have the second lowest MF per SO at SVV. There are also 81K High season 2BR LO units that aren't ideal.

 

[Ken555]

The 81K prime 2BR weeks have the second lowest MF per SO at SVV. There are also 81K High season 2BR LO units that aren't ideal.

I should have said, as compared to WKV. I guess I have to be specific in every post...


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[dioxide45]

I should have said, as compared to WKV. I guess I have to be specific in every post...


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Context is everything

 

[robertk2012]

I should have said, as compared to WKV. I guess I have to be specific in every post...


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WKV requires a large purchase price...I can pay 8 years or more of maintenance fees with that $

 

[Ken555]

WKV requires a large purchase price...I can pay 8 years or more of maintenance fees with that $

Yes, we've discussed it many, many times on TUG. FWIW, I've had my WKV since 2005, so you can probably guess my response...

 

[robertk2012]

TVM and even a small interest earning on what would have been use to purchase the unit will more than cover the difference in maintenance fees.

Yes, we've discussed it many, many times on TUG. FWIW, I've had my WKV since 2005, so you can probably guess my response...

 

[Ken555]

TVM and even a small interest earning on what would have been use to purchase the unit will more than cover the difference in maintenance fees.

Ha! If you’re really curious, I suggest you find those other threads where we discussed the options...including the fact that purely financial concerns is not often the determining factor on whether to purchase a timeshare or not.


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[robertk2012]

This conversation was purely financial.

Ha! If you’re really curious, I suggest you find those other threads where we discussed the options...including the fact that purely financial concerns is not often the determining factor on whether to purchase a timeshare or not.


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[YYJMSP]

We found a local notary in Reading as the US embassy in London told us they were only addressing visa work due to covid and staff issues.Any bank should have a notary, but look online and find someone local to you,they will ask for the documents to peruse then see you a few days later, staff in the office will be the witness group, and send it back Fedex to Littleton CO,costs £50,bargain,notary will charge £80.(which is cheaper than US embassy would have done).Good luck, feel free to fire questions.

Did Vistana accept that foreign Notary?

I know when we did some purchases way way back, they would not accept any Notary that wasn't "Red Seal" (or something like that), which was some USA designation. We had to cross the border (from Canada) into Washington state (where we found someone) to do the paperwork. On another occasion even farther back, we had the paperwork waiting for us in San Francisco (where we were heading for vacation anyways) at the St Regis Residences where there was someone on-site to handle it.

 

[shorep]

Problem we had was they told us to use the US embassy in Wandsworth London,we are in lockdown,( only go out for food shopping and a walk for exercise),and the embassy staff were working from home and so a restricted service was available, namely visa service for US citizens.We found a good service locally,MVC sent a version of the rules and local notary was ok by them.They do not seem to have these restrictions when they are off loading a timeshare to us suckers.!!!!!!

 

[Apache49]

Problem we had was they told us to use the US embassy in Wandsworth London,we are in lockdown,( only go out for food shopping and a walk for exercise),and the embassy staff were working from home and so a restricted service was available, namely visa service for US citizens.We found a good service locally,MVC sent a version of the rules and local notary was ok by them.They do not seem to have these restrictions when they are off loading a timeshare to us suckers.!!!!!!

Good to hear they accepted an alternative notary. We live up in Cheshire and really didn’t want to travel down to London.
We have previously transferred ownership of a week using Vistana’s own lawyerS, they charged about $375 I seem to remember. They accepted a local notary of my own choosing, no problems requiring US Embassy. This seems to be a Marriott requirement

 

[tschwa2]

Good to hear they accepted an alternative notary. We live up in Cheshire and really didn’t want to travel down to London.
We have previously transferred ownership of a week using Vistana’s own lawyerS, they charged about $375 I seem to remember. They accepted a local notary of my own choosing, no problems requiring US Embassy. This seems to be a Marriott requirement

The problem with this is the notarization of the deed is a county requirement, not a Marriott requirement. To be honest the county registrars office doesn't really look at the deeds very closely before filing them but I would think unless the normal notary requirements where changed due to the lockdowns that someone could contest the validity of the chain of deeds at some point in the future.

 

[shorep]

The problem with this is the notarization of the deed is a county requirement, not a Marriott requirement. To be honest the county registrars office doesn't really look at the deeds very closely before filing them but I would think unless the normal notary requirements where changed due to the lockdowns that someone could contest the validity of the chain of deeds at some point in the future.

Indeed

 

[Apache49]

The problem with this is the notarization of the deed is a county requirement, not a Marriott requirement. To be honest the county registrars office doesn't really look at the deeds very closely before filing them but I would think unless the normal notary requirements where changed due to the lockdowns that someone could contest the validity of the chain of deeds at some point in the future.

I get that, but does the County expressly require the US Embassy in London to notarise ?
In my previous transfer as long as I chose a legally qualified notary it was perfectly acceptable to Vistana and Orange County, Florida.

 

[shorep]

Did Vistana accept that foreign Notary?

I know when we did some purchases way way back, they would not accept any Notary that wasn't "Red Seal" (or something like that), which was some USA designation. We had to cross the border (from Canada) into Washington state (where we found someone) to do the paperwork. On another occasion even farther back, we had the paperwork waiting for us in San Francisco (where we were heading for vacation anyways) at the St Regis Residences where there was someone on-site to handle it.

Our notary sealed the paperwork with a special seal for USA,and he asked the company in Littleton CO if the format was to their liking and they were happy, it is a done deal.