Just purchase HGVC Paradise

Sandy VDH said:

BC points are like any other HGVC points. Yes it an affiliate, but it is a strange affiliate, as they struck a deal with HGVC and sold them the rest of the land that the other 2 HGVC properties were built on. So I don't see any change of status for any time to come.

But look at the math...

BC MF are not that high. I own a 2BR. It is just over $1300. I took the cost of membership fees out of the math, as you would have to pay them where you own.

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FYI, the Bay Club used to be condo's before most of the units were subdivided and resold as TS's, along with the excess land sold to Hilton/HGVC to build TS's (Waikoloa Beach Resort (WBR) next door and King's Land (KL)). Not all the the condo's were originally converted to Bay Club TS's and some units remained as privately owned Condo's. Over the years, Hilton/HGVC as been buying up those condo's and has been subdividing them and reselling themselves. BC is a convoluted/commingled mess, which is good for a BC owner. The chances of BC no longer being a part of HGVC is probably slim to none.


I agree with Sandy. Although the MF's are slightly higher than I-Drive, but with the buy-in cost so significantly lower ($1,000 vs $7,000), the BC is a great way to get into the HGVC system with little up front cost.

Ron98GT said:

FYI, the Bay Club used to be condo's before most of the units were subdivided and resold as TS's, along with the excess land sold to Hilton/HGVC to build TS's (Waikoloa Beach Resort (WBR) next door and King's Land (KL)).

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You got that mostly right. The units were originally sold as wholly owned condos, targeting the Asian market, until it fell. Then they converted the purpose to timeshares, Then the land owned by BC and all sold to HGVC. I understand there are a few remaining wholly owned condos, but not many.

What you got wrong. The units were never subdivided. They are in their original footprints. They have recently been updated, But they were never divided up.

I owned there before HGVC came along.

Sandy VDH said:

You got that mostly right. The units were originally sold as wholly owned condos, targeting the Asian market, until it fell. Then they converted the purpose to timeshares, Then the land owned by BC and all sold to HGVC. I understand there are a few remaining wholly owned condos, but not many.

What you got wrong. The units were never subdivided. They are in their original footprints. They have recently been updated, But they were never divided up.

I owned there before HGVC came along.

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http://www.merriam-webster.com/dictionary/subdivide

Each condo (at the Bay Club) had an individual legal description. Before "a" condo unit can become a "weekly" timeshare, it must be subdivided into 52 individual units/weeks. with some sort of legal identity associated with it. In the state of Nevada, they assign a new parcel number to each unit. In Hawaii, they seem to keep the parcel numbers the same, but assign weeks numbers to each week (1 thru 52). But, each individual condo unit must be subdivided down into 52 distinct weeks/units that can then be sold of.

The subdivision has nothing to do with changing the physical foot print, it's for the purpose of legal identification and ownership.

But, yes, the original condo units were "legally", not physically, subdivided, before they became Bay Club Timeshares. Any condo units that are purchased by Hilton/HGVC, are subdivided into 52 weeks and then are sold of as timeshare units/weeks.

I don't need a dictionary lesson. I do know what subdivide means.
I did not sleep in a Holiday Inn last night.
I am not a lawyer or real estate specialist, as the vast majority on this website are not as well.

But you were talking units, can you see why I went to physical changes to the units. That is what I was referring to.

But even the definition had to include states the following.... Examples of SUBDIVIDE The house is being subdivided into several apartments.

You could have mentioned LEGAL changes to identification and ownership. That I would not have misconstrued for physical.

Ron98GT said:

$4,000 for a standard 2-BDRM at the BC is way, way, to high. Take a look in the TUG Marketplace and you'll find 2-BDRM's there for under $4,000, but those are priced to high also. Somewhere around $1,000 is the going price. If you can get it for less, which you can see happens on eBay so much the better. But I wouldn't go much over $1,000 if you find one.

The real catch is the the 2-BDRM Villa's at the BC, which have 8400 HGVC points. But those even sell for less than $4,000.

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Interesting discussion. Why do the Bay Club units sell for so much less than the other Hilton timeshares in Waikoloa?

A few things....

Constant innuendo that because it is an affiliate it is going to leave or get kicked out of HGVC,

Either ROFR is not in the wording or not being utilized. (Not sure which is correct).

The pool, the darn pool. It is always the pool access to Hilton Waikoloa.

I happen to think that it is an overlooked gem of a way to get points for cheap. Provided you know you are paying Hawaii level MFs and you can get a unit at a steal.

Thank you so much to both of you (Sandy and Ron). I really appreciated your knowledge and for educating me. Please don't debate any more about the meaning of subdivide, my head hurts.

Someone just posted a new list for BC at the cheap price (now don't anyone bid me up yet), it is for the odd year unit, which is the same as the pass 3 links that RON posted in this thread a few weeks ago. I think it may have gotten re-listed because the previous buyer back-out. Do you both think it is still a good buy for below $1000 ? and Perhaps, buy another EVEN year unit separately. I have been searching, the Annual 2/2 =~7000HGVC are about $4K to $5K.

Thank you so much!

Ownership Information
2015 FREE Usage to New Owner
Number of Bedrooms 2
Number of Bathrooms 2
Sleeps 6
Lock Out No
Unit Number 424
Week Number 1-52
Fixed or Floating Float
Check In Day (s) Thursday, Friday, Saturday, Sunday
Usage Type Odd
1st Year of Usage 2015
Right to Use Expires N/A
Maintenance Fee Amount 1390.00
Maintenance Fees Due January 1 2017
Maintenance Fee Schedule Odd Years
Total Closing / Transfer Fees 298.00

lake123 said:

Thank you so much to both of you (Sandy and Ron). I really appreciated your knowledge and for educating me. Please don't debate any more about the meaning of subdivide, my head hurts.

Someone just posted a new list for BC at the cheap price (now don't anyone bid me up yet), it is for the odd year unit, which is the same as the pass 3 links that RON posted in this thread a few weeks ago. I think it may have gotten re-listed because the previous buyer back-out. Do you both think it is still a good buy for below $1000 ? and Perhaps, buy another EVEN year unit separately. I have been searching, the Annual 2/2 =~7000HGVC are about $4K to $5K.

Thank you so much!

Ownership Information
2015 FREE Usage to New Owner
Number of Bedrooms 2
Number of Bathrooms 2
Sleeps 6
Lock Out No
Unit Number 424
Week Number 1-52
Fixed or Floating Float
Check In Day (s) Thursday, Friday, Saturday, Sunday
Usage Type Odd
1st Year of Usage 2015
Right to Use Expires N/A
Maintenance Fee Amount 1390.00
Maintenance Fees Due January 1 2017
Maintenance Fee Schedule Odd Years
Total Closing / Transfer Fees 298.00

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I sniped a EOY 1br for $.01, all closing and transfer costs included. I am waiting for it to get recorded. All in all, I think I am going to be getting a lot of bang for the buck on that one.