October 7, 2009

Floating Week or Points?

Q: Hi! Thanks so much for your quick response! Yes, I would be interested if the price is right, although I don't know what a floating week is...? I would also like to understand the point system. Can you help me with that?? Does the Angel Fire condo have the points, by any chance? Blessings,

A: Okay, Floating time weeks refer to the use of vacation accommodations usually within a certain season of the year, often within a three- to four-month period such as spring or summer. The owner must reserve his or her desired vacation time in advance, with reservation confirmation typically provided on a first-come, first-served basis. The purchaser may also receive a deed under a floating time arrangement. According to a recent national study, approximately 70 percent of vacation ownership condominiums in the United States are sold as floating time. I have put a request in to find out the range of weeks that this would fall under. There are no points with this ownership.

To understand points, let me give you the link to our web site, where we have loaded several short tutorial videos. You can scroll by title.

http://www.wholesaletimeshare.com/timeshare_educational_videos.php

Essentially points would allow you to freely reserve at any RCI resort, including those in Ruidoso based on availablity; in general though, if you really want to only vacation in one spot, it might be better to buy there. I could play around with what comes up with our account in general if you think points are a way you want to go. On average, they are more up front, but people like the flexibility.

Let me know what you think.

Best,
Francene

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