II Re-trading

Can't seem to find the answer to this:

I've heard people ask what happens if they exchange a week into their "second choice" resort and some time later the place they really wanted to stay at becomes available. Assuming all of this takes place outside the 60 days, I hear the answer is that the first exchange must be cancelled, and a second exchange fee must be paid to exchange into the more desirable resort.

This brings up a couple of questions:

1) How did they find out that their first chioice resort was availble? Can II still keep looking for secondary exchange after you already accept the first exchange? It doesn't seem to fall into any of the request categories (request first, deposit first, etc)

2) I know it can't be rented, but can an exchanged unit be later involved in a personal exchange, say through TUG members?

Thanks

brianfox said:

Can't seem to find the answer to this:

I've heard people ask what happens if they exchange a week into their "second choice" resort and some time later the place they really wanted to stay at becomes available. Assuming all of this takes place outside the 60 days, I hear the answer is that the first exchange must be cancelled, and a second exchange fee must be paid to exchange into the more desirable resort.

This brings up a couple of questions:

1) How did they find out that their first chioice resort was availble? Can II still keep looking for secondary exchange after you already accept the first exchange? It doesn't seem to fall into any of the request categories (request first, deposit first, etc)

Click to expand...

Many owners have multiple deposits with II and search online all the time, so they may see their first choice week with another deposit, or someone posts it on the TUG Sightings board.

2) I know it can't be rented, but can an exchanged unit be later involved in a personal exchange, say through TUG members?

Click to expand...

Technically, II does not allow any kind of reimbursement for an exchange. (Don't ask - don't tell.)