Q: Please forgive my stupidity, but what is trienneal and by having floating time, does that mean that I can go any time I like, or what? The one I have now is a fixed week, every other year, so I am not familiar with these terms. Thank you
A: This is a very rare and neat ownership. You only pay Main fees and go to this resort every three years. Next year use in 2009 and then again in 2012. So you get all the benifits of being a timeshare owner and only have to go and Pay Main fees every three years. Now in 2009 you will be able to choose any week you want on a first come first server basis.
June 10, 2008
377,000 FAIRFIELD/Wyndham TAHOE Nevada Timeshare DEED
Q: Please explain briefly the costs associated with RCI ownership and use of Wyndham/Fairfield points. For example, is there a swap fee each time a reservation is made or is there just an annual fee for membership and reservations are made with either company? Thanks.
Well the main thing is if you use to many small reservations you might run out of house keeping credits.
Each year's allotment of points come with an associated number of HCs, one HC per 1000 points. An allotment of 88,500 points should have come with 89 HCs (Fairfield rounds up). Specifically, 20 HCs * $1.50 ea = $30 that I do not expect to pay to have use of the 88,500 points. In case you are wondering about how HCs get used up, the Fairfield system is based on one cleaning per week. If you stay for full weeks within their system, you use points and HCs at the same rate as you earn them and everything comes out even at the end of the year. If you book for shorter periods than a week you use up HCs faster than your points and end up owing. snd Fairfield has recently started allowing people to borrow HCs from future use
Well the main thing is if you use to many small reservations you might run out of house keeping credits.
Each year's allotment of points come with an associated number of HCs, one HC per 1000 points. An allotment of 88,500 points should have come with 89 HCs (Fairfield rounds up). Specifically, 20 HCs * $1.50 ea = $30 that I do not expect to pay to have use of the 88,500 points. In case you are wondering about how HCs get used up, the Fairfield system is based on one cleaning per week. If you stay for full weeks within their system, you use points and HCs at the same rate as you earn them and everything comes out even at the end of the year. If you book for shorter periods than a week you use up HCs faster than your points and end up owing. snd Fairfield has recently started allowing people to borrow HCs from future use
June 5, 2008
Celebrity Resorts Orlando - Spas
1. Will I have deeded ownership or right-to-use ownership?
Its deeded ownership
2. What is the demand week color? (i.e. red, blue, white, yellow etc.)
Its a Red week
3. What days will I be able to stay at my timeshare-and is this a fixed or floating week?
Use: Annual - Fixed Week 30 (July 24 - 30, 2009). Use begins 2009! (See our Timeshare Planning Calendar.)
4. If the resort uses a floating-week program, how long in advance can I make my reservation?
Use: Annual - Fixed Week 30 (July 24 - 30, 2009). Use begins 2009! (See our Timeshare Planning Calendar.)
5. What are the annual maintenance fees and taxes?
Maintenance Fees: A fee that timeshare owners are required to pay, usually on an annual basis, to cover the costs of running the resort, including daily management, upkeep, and improvements. $ 776.96* payable annually on January 1st. Due Jan 2009.
*Maintenance fees and taxes are estimated from 2007/2008 and are subject to change. Please contact the resort with any questions about future maintenance fees.
6. Are there any special assessments pending against the resort?
None we have record of.
7. Does the timeshare resort belong to an exchange program such as RCI or Interval International?
Exchange Company Codes: RCI - 8615 (Red Week); II - SPA (Red Week).
8. Can I "bank" my week if I'm unable to use it during my assigned week?
Yes
9. Can I read a copy of the Covenants, Codes and Restrictions before I decide to buy?
You would have to contact the resort for that. I dont have on file.
10. How will the closing paperwork and deed transfer be handled?
All done is 6 weeks or less.
11. Can I rent out my timeshare?
Yes
12. If so, how much do you think I can get?
Look at Redweek.com for a guide to that.
13. Can I deed the time share into the name of my LLC?
Yes
Its deeded ownership
2. What is the demand week color? (i.e. red, blue, white, yellow etc.)
Its a Red week
3. What days will I be able to stay at my timeshare-and is this a fixed or floating week?
Use: Annual - Fixed Week 30 (July 24 - 30, 2009). Use begins 2009! (See our Timeshare Planning Calendar.)
4. If the resort uses a floating-week program, how long in advance can I make my reservation?
Use: Annual - Fixed Week 30 (July 24 - 30, 2009). Use begins 2009! (See our Timeshare Planning Calendar.)
5. What are the annual maintenance fees and taxes?
Maintenance Fees: A fee that timeshare owners are required to pay, usually on an annual basis, to cover the costs of running the resort, including daily management, upkeep, and improvements. $ 776.96* payable annually on January 1st. Due Jan 2009.
*Maintenance fees and taxes are estimated from 2007/2008 and are subject to change. Please contact the resort with any questions about future maintenance fees.
6. Are there any special assessments pending against the resort?
None we have record of.
7. Does the timeshare resort belong to an exchange program such as RCI or Interval International?
Exchange Company Codes: RCI - 8615 (Red Week); II - SPA (Red Week).
8. Can I "bank" my week if I'm unable to use it during my assigned week?
Yes
9. Can I read a copy of the Covenants, Codes and Restrictions before I decide to buy?
You would have to contact the resort for that. I dont have on file.
10. How will the closing paperwork and deed transfer be handled?
All done is 6 weeks or less.
11. Can I rent out my timeshare?
Yes
12. If so, how much do you think I can get?
Look at Redweek.com for a guide to that.
13. Can I deed the time share into the name of my LLC?
Yes
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