Sheraton Vistana Resort

Does anyone know if Sheraton Vistana Resort (The Cascades Section) sold week 51 as a fixed week? I thought the Cascades Section floated weeks 1-52. My client claims they purchased a fixed week 51 in this section thanks

I believe all weeks in Cascades are floating weeks, however per Florida law they must specify a week number on your deed. That is probably the week number listed on their lease

OOPS listed on their deed not lease.

Our SVR Cascades unit is fixed/float (it is a resale that was requalified back in to SVN).

It acts as a fixed week/unit (I see the reservations online at ~2yrs out), but requires a "confirmation" by 10mos out; otherwise, it turns in to a float week with SOs.

The only difference that happened after requalification was that it got back its SOs, instead of floating within its season at the same resort/phase.

Lisa--

YYJMSP is correct. All weeks in the Cascades are fixed-to-float as a general rule unless SVO made an exception (see #2 below) for a particular week.

1. Week must be confirmed during the 12-10 mos out in order to claim the fixed week. Otherwise it reverts to the floating pool and floats 1-52.
2. It is possible that the owner paid extra to make it a true fixed week, but I doubt it given that it behaves like a fixed week as long as the owner confirms.
3. Note that in II, it is treated as the blended value of the season (floating 1-52) -- you do not get the actual week deposited. This makes it inherently less valuable than a true fixed week, but probably a slightly higher premium than an average Cascades week since you don't have to call exactly 12 months out to attempt to snag week 51 from the general pool.

-ryan

Fixed or floating or fixed/floating

It looks like somebody here has the answer to my problem. I thought I understood what the Cadscades arrangement was until I read sjsharkie's reply and my brain melted I don't want to get into bother by putting in a wrong description in my 'bargain basement' entry but the options there didn't seem to match my week at Cascades. I have week 26 and the document received from the Resort indicates that it is "Fixed". However, I know that when my wife banks it I have to get onto the resort management to have a week allocated. Does that mean that they are all floating weeks? Sorry about this but timeshare seems to have a language all of its own. I joined TUG2 to try and educate myself on the subject but the more I read the more confused it gets

John the Scot said:

It looks like somebody here has the answer to my problem. I thought I understood what the Cadscades arrangement was until I read sjsharkie's reply and my brain melted I don't want to get into bother by putting in a wrong description in my 'bargain basement' entry but the options there didn't seem to match my week at Cascades. I have week 26 and the document received from the Resort indicates that it is "Fixed". However, I know that when my wife banks it I have to get onto the resort management to have a week allocated. Does that mean that they are all floating weeks? Sorry about this but timeshare seems to have a language all of its own. I joined TUG2 to try and educate myself on the subject but the more I read the more confused it gets

Click to expand...

My post melted your brain? Sorry to hear that as it was not my intention.

Let me make it easy for you.

1. It is a fixed week, in the sense that as long as you confirm it within the period from 12 to 10 months out from check-in, you are guaranteed that week 26. If you don't confirm, it converts to a floating week where you can pick any week in the pool of available weeks.

2. For II, it trades like a blended 1 to 52 week, barring a rare true fixed week. AFAIK, there are no true fixed weeks in the Cascades. So, a prime week 26 trades like a crappy week 36 according to the special SVO II rules. An owner would have had to pay extra for that option, and I am not even sure if it even was an option given the way fixed-to-float operates.

For selling, just list it as a Week 26 Fixed in Cascades. The buyer should do their own research on how it works.

-ryan

Thank you. That's a great help. Cheers