short answer is noHello,
We have a deeded week at VV at Parkway for annual usage. At an owner's update they offer 92K points for 7K + closing.
Is it worth it? Advice great appreciated.
RCI Points are identical (except in number) to any and all other RCI Points, wherever acquired and whether acquired through overpriced "upgrade" of a fixed week or by being acquired already attached to any week purchased in the secondary market. Similarly true for any and all other point systems as well (Hyatt, Wyndham, etc.).Are the points that Vacation Village gives and points buying on secondary market the same?
Weeks acquired from RCI (or from II) via "exchange" cannot be rented out, as specifically stated in the terms and conditions of membership of both RCI and II.Can I rent out Exchange weeks too? How do I do that?
sell it if you want, or give it away, it makes no difference . Heres an example of a points contract that sold on ebay recently 86500 rci points for $20 plus $199 closing. Compare that to the $7000 at the resortThank you for quick response. Are the points that Vacation Village gives and points buying on secondary market the same?
What do you mean by giving away the week? Essentially what you are saying is give up the deeded week? And for that it has no cash value. Is that correct?
Also Is it OK if I rent out the RCI weeks?
Can I rent out Exchange weeks too? How do I do that?
Good job. It's usually not advisable to make a "personal appearance" to rescind (cancel) any type of timeshare purchase. Did you get any grief in doing so?Thank you very much guys or gals for your guidance. I had actually paid them 7K. I just went today and cancelled the contract change. That was a lot of dough and your advise was timely.
Yes. RCI "Points weeks" still have an associated underlying recorded deed identifying a unit / week at the home resort.<snip> So If I go and buy the points as per previous posts, does that give me a deeded week with points?
RCI Points and RCI Weeks are different flavors of RCI membership, so you would have to initiate a RCI Points membership if you buy a RCI Points-associated week, regardless of whether any such new RCI "Points week" is at your current resort (where you reportedly own a fixed week) or somewhere / anywhere else.Does that add to my current RCI membership or do I have to create a new RCI membership for that?