Q: Hello - Is the unit/balcony view oceanfront or oceanview? I'm seeing online the 1 bedrooms are oceanfront. If the 2 bedroom is not oceanfront/direct, what direction does the 2 bedroom face? Thank you.
A: This is actually a floating unit, but I believe you get the same kind you own just not the same one everytime. According to the website: "Tropic Sun Towers is comprised of 2 buildings with a total of 84 units. All 56 one bedroom units are oceanfront, 14 two bedroom units are oceanfront and 14 two bedroom units are oceanview (7 facing the south and 7 facing the north). All units have TV's & DVD players and fully equipped kitchens. WiFi is available onsite and in every unit." To further help you understand the setup please checkout these links: http://www.spmresorts.com/media/resorts/tropic-sun-towers/repository/2%20bedroom%20oceanview%20remodel.pdf and http://www.spmresorts.com/media/resorts/tropic-sun-towers/repository/2%20bedroom%20ocean%20front%20remodel%20%20%20%206-3-09.pdf. These have pictures on the bottom of the page that frame the location of the ocean as to the unit. Remember this is an ocean view, but I included both links so you could compare the difference. If you have any further questions or I can assist you in any way please let me know.
Jennifer Sluppick
June 8, 2010
203,000 Wyndham Points Hawaii Annual Resale Timeshare
1) Once purchased, am I eligible to join Interval International or RCI to deposit my points in order to book at other non-Wyndham resorts?
As a matter of fact Wyndham and RCI are owned by the same corporation. Your membership into RCI is included in your maintenance fees.
2) Is the purchase price listed the price full price for the 203000 annual points?
Yes the purchase price is the total amount for the timeshare and closing. The maintenance fees did come due on the 7th of the month and those will be billed during closing this is notated in the ad.
3) Is this a deed week or floating week?
This is a deeded points ownership.
4) Is the mortgage paid in full? Are there any liens on the property for unpaid fees, taxes, etc?
We have a verification process all timeshares go through before they are given to our ad makers. During this process we verify that everything is paid in full and there are no problems with the ownership.
5) The buy it now price includes all closing fees and transfer fees for deeded ownership?
Yes it does. As I mentioned the maintenance fees will be billed to you during the closing process.
6) Will I be given a deed?
We do send you the recorded deed once everything is transfered. Please keep in mind that the closing process does take some time. We say 45-60 days as an average.
7) Can the maintenance fees be billed monthly for this property? Annual? What are the current fees for 2010? What were the fees for 2009? 2008? I would like to see how much they have gone up annually.
I believe that Wyndham allows you to set up the maintenance fees as monthly or annual. The current fees are $921.62. I do not have the past maintenance fee amounts for this particular timeshare, however, I can tell you from my experience and from confirmation from owners that the maintenance fees fluctuate minimally from period to period.
As a matter of fact Wyndham and RCI are owned by the same corporation. Your membership into RCI is included in your maintenance fees.
2) Is the purchase price listed the price full price for the 203000 annual points?
Yes the purchase price is the total amount for the timeshare and closing. The maintenance fees did come due on the 7th of the month and those will be billed during closing this is notated in the ad.
3) Is this a deed week or floating week?
This is a deeded points ownership.
4) Is the mortgage paid in full? Are there any liens on the property for unpaid fees, taxes, etc?
We have a verification process all timeshares go through before they are given to our ad makers. During this process we verify that everything is paid in full and there are no problems with the ownership.
5) The buy it now price includes all closing fees and transfer fees for deeded ownership?
Yes it does. As I mentioned the maintenance fees will be billed to you during the closing process.
6) Will I be given a deed?
We do send you the recorded deed once everything is transfered. Please keep in mind that the closing process does take some time. We say 45-60 days as an average.
7) Can the maintenance fees be billed monthly for this property? Annual? What are the current fees for 2010? What were the fees for 2009? 2008? I would like to see how much they have gone up annually.
I believe that Wyndham allows you to set up the maintenance fees as monthly or annual. The current fees are $921.62. I do not have the past maintenance fee amounts for this particular timeshare, however, I can tell you from my experience and from confirmation from owners that the maintenance fees fluctuate minimally from period to period.
June 5, 2010
What Does FROR or ROFR Mean?
The acronym itself is pretty much common knowledge it stands for First Right of Refusal or Right of First Refusal. What this concept means confuses manytimeshare owners who decide to go the Timeshare Resale Route..
FROR is the concept of a resort matching a resale offer of a timeshare themselves instead of letting the timeshare get sold to another owner for an extremely low price.
It has been a common tactic that has been around for many years in the timeshare industry!
What does FROR mean to you the buyer?
It is important to determine if the timeahre you are looking to purchase from ebay or elsewhere is at a resort currently exercising FROR. This can be done by calling the resort, or requesting the current seller to do so. We mark our timeshares in the ad to let you know if there is an FROR.
Many resorts that used to utilize FROR in the past, are no longer doing so given the current markets. That does not mean all sales will pass FROR. It is always good to ask.
Also take note that FROR to be used to block a sale of a timeshare that the clause has to be listed in the timeshare contract when it was purchased by the seller. If there is no mention of FROR then the resort has no right to exercise FROR on that timeshare! Some resorts will refuse even when they do not have the legal right to do so. So always check your facts.
To explain FROR in a story:
Lucy has a Timeshare week that she bought new from a Developer many years ago. Lucy has had a change to fixed income and decides to sell her timeshare She opts to advertise it on TUG/eBay/Redweek etc. Lucy finds a buyer after a short time named Jill, and they agree on the sale price of $1500.
If Lucy's resort is currently exercising FROR...before the transaction between Lucy and her buyer could be completed, the resort has to approve the deal. Prior to ownership being transferred from Lucy to Jill. If the resort feels the timeshare is being sold at too low a price, they could exercise FROR on the deal. They could then take the week back themselves for the $1500 price Lucy was selling it for. This effectively makes it so the value of the timeshare is not made that low.
FROR is the concept of a resort matching a resale offer of a timeshare themselves instead of letting the timeshare get sold to another owner for an extremely low price.
It has been a common tactic that has been around for many years in the timeshare industry!
What does FROR mean to you the buyer?
It is important to determine if the timeahre you are looking to purchase from ebay or elsewhere is at a resort currently exercising FROR. This can be done by calling the resort, or requesting the current seller to do so. We mark our timeshares in the ad to let you know if there is an FROR.
Many resorts that used to utilize FROR in the past, are no longer doing so given the current markets. That does not mean all sales will pass FROR. It is always good to ask.
Also take note that FROR to be used to block a sale of a timeshare that the clause has to be listed in the timeshare contract when it was purchased by the seller. If there is no mention of FROR then the resort has no right to exercise FROR on that timeshare! Some resorts will refuse even when they do not have the legal right to do so. So always check your facts.
To explain FROR in a story:
Lucy has a Timeshare week that she bought new from a Developer many years ago. Lucy has had a change to fixed income and decides to sell her timeshare She opts to advertise it on TUG/eBay/Redweek etc. Lucy finds a buyer after a short time named Jill, and they agree on the sale price of $1500.
If Lucy's resort is currently exercising FROR...before the transaction between Lucy and her buyer could be completed, the resort has to approve the deal. Prior to ownership being transferred from Lucy to Jill. If the resort feels the timeshare is being sold at too low a price, they could exercise FROR on the deal. They could then take the week back themselves for the $1500 price Lucy was selling it for. This effectively makes it so the value of the timeshare is not made that low.
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