RCI points for a weeks ownership from Coral re
I figured I would bump this thread since it is exactly what is going on with me.
I own a weeks unit at Vistana in the Courts fixed week 47 worth 22 trading power points in RCI.
The offer from Coral is $13,900 for a takeover of the balance of a week..yea whatever - but then I was told that they could take the Vistana week and give me a credit of $13,000 which they would take $6,500 off the $13,900 and the other $6,500 would be given to me when they sold the unit or at the latest 6 months later when they would be forced to fire sale the unit.
What would I get.. It is basically a triannual unit but they are giving 20,200 RCI points per year and the total maintenance fee is 880 every 3 years. I am getting a bonus because the MF was paid in 2014 and not due again until 2017 with me getting the 20,200 points in both 2015 and 2016 basically free of paying the maintenance fee.
I am not sure about the RCI points and have no experience with them. The salesman showed me that getting a unit during late Oct would be 7500 points when I compare this to me exchanging into Hilton Head for this trip (which was done less than a month ago) it cost me 10 trading power points from my weeks account... So in my head I am thinking this cost me almost half the points (45.5%) I am getting for $725 MF where I could pay an annual fee of less than $300 and get the same week for less (only 37.1%) of the annual points I would get.
HELP... please
-If someone could give me more information about RCI points and the value of that compared to weeks. Is 20,200 a decent amount of points? We travel mainly offseason and normally we are only using 6-14 of the weeks trading power points.
-Is there something I am missing that someone else sees?
-Would I have a problem with still owning a week at Massanutten which would still be going into the weeks account then also having a points account?
-I had a very bad feeling about the $6500 coming back to me in 6 months or less but it seems to be clearly written in the paperwork and on sheets that he filled out about the sale that I took with me.
So here I am with 5 days to rescind and not sure what to do. I never expected to be in this position just wanted the $150 for doing the update
Thanks for any thoughts, help or information you could provide.