David Yuan
TUG Member
- Joined
- Jan 23, 2017
- Messages
- 145
- Reaction score
- 38
- Points
- 139
- Location
- NorCal
- Resorts Owned
-
SVV
WLRx3
HRA
WKORVN-OF
HGVC Elarax3
Dear all, wonder if I can have some opinion on this…
I’ve bought 3 resales over the years, 1 at Cancun – every other year 2 bedroom, 2 at svv – one is EOY 67k SO, and another is EY 81k SO.
Developer is offering to buy back the Cancun one (no SO for me) for $12,720 and the SVV 81k SO for $16,720…IF I purchase an unit from them…(WKROV 2 bedroom lock-off, OV for $67,900).
So the price would be $67,900 - $12,720 - $16,720 = $38,460
This would get me to 3 star elite, SPG gold, and 12 months booking at WKROV…(and of course the bonus SPG pts they offer, some chance to buy some more points etc).
I was at cancun last year, and they made a similar offer, but was only able (or was only willing) to take back one resort, this time they are taking back two…
Looking at resale price for similar units are about $18k…so I’d be paying extra $20k for this…
Our family do like the resort and would love to come back…but I was already able to book OF unit with our SO…so not sure if the 12 months booking window would help much…
I’ve bought 3 resales over the years, 1 at Cancun – every other year 2 bedroom, 2 at svv – one is EOY 67k SO, and another is EY 81k SO.
Developer is offering to buy back the Cancun one (no SO for me) for $12,720 and the SVV 81k SO for $16,720…IF I purchase an unit from them…(WKROV 2 bedroom lock-off, OV for $67,900).
So the price would be $67,900 - $12,720 - $16,720 = $38,460
This would get me to 3 star elite, SPG gold, and 12 months booking at WKROV…(and of course the bonus SPG pts they offer, some chance to buy some more points etc).
I was at cancun last year, and they made a similar offer, but was only able (or was only willing) to take back one resort, this time they are taking back two…
Looking at resale price for similar units are about $18k…so I’d be paying extra $20k for this…
Our family do like the resort and would love to come back…but I was already able to book OF unit with our SO…so not sure if the 12 months booking window would help much…