Timeshare Users Group Forums
TUG Links external to TUG BBS:    TUG Home| TUG Resort Databases| Marketplace | TUG Help | Advice | Join TUG  

Timeshare Users Group Bulletin Board
Go Back   Timeshare Users Group Forums > Timeshare Resort Systems > Marriott Resort System
Log into the TUG BBS:

Marriott Resort System Discussion of Marriott Timeshare Resorts, Marriott Vacation Club, and Marriott Destination Points memberships!

GLOBAL ANNOUNCEMENTS
TUG Turns 21 Years Old! Read More

Free Timeshare Exchanges on TUG! View current exchanges!

Free TUG Newsletter! Sign up today!

TUG Banner Travels the World! Follow the Banner!

 
Forum Jump


Reply « Previous Thread | Next Thread »
 
Thread Tools Search this Thread Display Modes
Old April 3, 2012, 11:32 PM   #1
PATERCUBBIE
Guest
 
BBS Reg. Date: Feb 12, 11
Location: ROCHESTER NY
Posts: 9
I just won Marriott Cypess Harbour

I just won a Special week 2 bd room at Cypress Harbour weeks 1-17 51/52
for $ 800.00. Makes me wonder if timeshares prices have hit rock bottom or can they still go lower ? I like to believe that in 5 to 10 years prices may rebound a bit if economy reobounds.
PATERCUBBIE is offline   Reply With Quote
Old April 4, 2012, 12:56 AM   #2
LAX Mom
 
LAX Mom's Avatar
TUG Member
 
BBS Reg. Date: Jun 7, 05
Posts: 3,239
Cypress Harbour is a great resort. Congrats!
__________________
Lisa
LAX Mom is offline   Reply With Quote
Old April 4, 2012, 04:11 AM   #3
rrazzorr
TUG Member
 
BBS Reg. Date: Apr 28, 10
Location: New Jersey
Posts: 218

Resorts: MOW (Plat/multiple), HRA
Quote:
Originally Posted by PATERCUBBIE View Post
I like to believe that in 5 to 10 years prices may rebound a bit if economy reobounds.
Just get those thought out of your head and simply enjoy your vacations.
rrazzorr is offline   Reply With Quote
Old April 4, 2012, 07:28 AM   #4
FractionalTraveler
 
FractionalTraveler's Avatar
TUG Member
 
BBS Reg. Date: Feb 29, 12
Location: Florida
Posts: 1,771

Resorts: Legacy Owner, DC Member, Trust Owner
Quote:
Originally Posted by rrazzorr View Post
Just get those thought out of your head and simply enjoy your vacations.
+1 The value is not in the $800 spent, its in the time you spent with family and friends on vacation!

well said rrazzorr!
__________________
FractionalTraveler
FractionalTraveler is offline   Reply With Quote
Old April 5, 2012, 09:28 PM   #5
sea
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: Ontario, Canada
Posts: 194

Resorts: Marriotts Harbour Point
Does anyone know what the maintenance fee is at Cypress Harbour?
We love it there!
sea is offline   Reply With Quote
Old April 5, 2012, 11:08 PM   #6
SueDonJ
Moderator
 
SueDonJ's Avatar
TUG Member
 
BBS Reg. Date: Jul 26, 06
Location: Massachusetts
Posts: 9,159

Resorts: Marriott Vacation Club: Barony Beach and SurfWatch
Cypress Harbor 2012 Operating Budget from the resort page at my-vacationclub.com:

Operating and Reserve Fee $936.22
Property Taxes - Special Weeks $93.94, Sport Weeks $77.48, Summer Weeks $90.89
__________________
Susan
SueDonJ is online now   Reply With Quote
Old April 5, 2012, 11:31 PM   #7
PATERCUBBIE
Guest
 
BBS Reg. Date: Feb 12, 11
Location: ROCHESTER NY
Posts: 9
i AGREE

We do treat timeshare as a family vacation not an investment. I still do wonder were the bottom is in this market ? I see many prime weeks 7-17 51-52 going for very low prices. All market have bottoms. The next question is after it hits bottom will it have any bounce or does it splat on ground like an EGG.
PATERCUBBIE is offline   Reply With Quote
Old April 6, 2012, 07:39 AM   #8
Gophesjo
 
Gophesjo's Avatar
TUG Member
 
BBS Reg. Date: Sep 6, 11
Location: Phoenix
Posts: 734

Resorts: Orange Tree Golf; Beach House Golf and Racquet Club; Palace View by Spinnaker; Falls Village Branson
Can't resist this - If it's Orlando, it is splat and sizzle...
__________________
________________________

Dieu est si bon pour moi - All the Time! Merci Seigneur...
Gophesjo is offline   Reply With Quote
Old April 6, 2012, 09:08 PM   #9
4Reliefnow
 
4Reliefnow's Avatar
TUG Member
 
BBS Reg. Date: Apr 7, 11
Location: West Bloomfield, MI
Posts: 143

Resorts: Marriott Weeks * 8 1/2 Hyatt Weeks and Hyatt and Marriott Points
Congrats that you focused on a Platinum week. I have seen countless posts saying they were going to buy a Silver week for $800. does anyone really want to vacation in Silver Season.....then buy Platinum and reserve any week you want and have a better rental, trader, sale property.

I did talk with a knowledgeable Marriott sales rep and he made the comment that super cheap weeks might end when Marriott realizes they can convert to points for the trust and sell them at $10 and 40 cents maintenance.

The cheapest Cypress Harbor is 1,700 points in the new system or $17,000 to buy new trust points. This is dramatic evidence of how crazy $10 a point is. It also shows that Marriott could exercise ROFR on a platinum week for $5,000 and sell the points for $26,000 ( nice mark-up) .

I think this will start to happen when inventory runs low. Why should Marriott build five new resorts when they can buy weeks that convert to points at 80 percent off?
4Reliefnow is offline   Reply With Quote
Old April 7, 2012, 06:37 AM   #10
Beefnot
 
Beefnot's Avatar
TUG Member
 
BBS Reg. Date: Oct 1, 11
Location: Los Angeles, CA
Posts: 3,082
I won a Cypress Harbour auction last October for $100 plus reimbursement for 2011 MFs. I got nervous later reneged for what turned out to be inexperience on the part of the seller. They had New Year's 2011/2012 already booked and prepared to transfer to me. I don't recall if it was a 1-52 or 1-17/51-52.
__________________
I may not know much about anything, but I do know more than most.
Beefnot is offline   Reply With Quote
Old April 7, 2012, 08:05 AM   #11
m61376
 
m61376's Avatar
TUG Member
 
BBS Reg. Date: Aug 2, 06
Location: NY
Posts: 6,385

Resorts: Marriott's Aruba Surf Club
Quote:
Originally Posted by 4Reliefnow View Post
Congrats that you focused on a Platinum week. I have seen countless posts saying they were going to buy a Silver week for $800. does anyone really want to vacation in Silver Season.....then buy Platinum and reserve any week you want and have a better rental, trader, sale property.

I did talk with a knowledgeable Marriott sales rep and he made the comment that super cheap weeks might end when Marriott realizes they can convert to points for the trust and sell them at $10 and 40 cents maintenance.

The cheapest Cypress Harbor is 1,700 points in the new system or $17,000 to buy new trust points. This is dramatic evidence of how crazy $10 a point is. It also shows that Marriott could exercise ROFR on a platinum week for $5,000 and sell the points for $26,000 ( nice mark-up) .

I think this will start to happen when inventory runs low. Why should Marriott build five new resorts when they can buy weeks that convert to points at 80 percent off?
I think you have a good point, and I too have wondered if there will be a limit on the period to snag these great deals. Will an economic recovery start to prod prices up and/or will active ROFR become something to contend with? It makes intrinsic sense that it will be an easy avenue for Marriott to gain trust inventory when supplies diminish.
m61376 is offline   Reply With Quote
Old April 7, 2012, 01:16 PM   #12
jdetar
 
jdetar's Avatar
TUG Member
 
BBS Reg. Date: Aug 7, 08
Posts: 194
If you want another week to own at Cypress Harbour I'll give you mine free.. sport week
jdetar is offline   Reply With Quote
Old April 7, 2012, 01:28 PM   #13
Saintsfanfl
TUG Member
 
BBS Reg. Date: Mar 7, 12
Location: Central Florida
Posts: 4,753

Resorts: Rio Rancho (Mountain View), Glengarry Highlands, Glen Ross Farms
Resale prices are never going to go up. Timeshares are worth little to nothing. The true expense is in the maint fees and as long as they keep going up resale prices will stay down. Maint fees will never go down. Values on existing timeshares ALWAYS fall. Buying a timeshare as an investment is almost always a joke.
Saintsfanfl is offline   Reply With Quote
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 01:24 AM.


Powered by: vBulletin Version 3.8.7
BBS Software Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Editorial Content Copyright ©1993 - 2014, Timeshare Users Group
Customized for TUG by Makai Guy.