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Author Topic:   Orange Lake Country Club Resales
lfuhr

TUG Member

Posts: 28
From: Houston, Tx
Registered: Oct 2002

posted 05-19-2005 06:19     Click Here to See the Profile for lfuhr   Click Here to Email lfuhr     Edit/Delete Message   Reply w/Quote Post A Reply
I am considering purchasing resale into this resort but have a few questions.

1. does orange lake have an internal exchange program. In other words, can you trade for a different week, based on availability at Orangle Lake? If you can, is it easy to get what week you want. Are there other resorts which are part of a small group that you can trade for? I know RCI is available but there is a 1 in 4 rule.

2. Does RCI strictly enforce the 1 in 4 rule?

3. what are the maintenance fees for a 2BR 2 bath sleeps 8?

4. what are the taxes?

5 are they any benefits you don't get if you buy resale that the resort offers if you buy from the developer?

6. Is it a good trader through RCI?

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timetraveler

TUG Member

Posts: 571
From: Orange Lake Country Club, The Ridge of Sedona Golf Resort
Registered: Mar 2001

posted 05-19-2005 08:02     Click Here to See the Profile for timetraveler   Click Here to Email timetraveler     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by lfuhr:
I am considering purchasing resale into this resort but have a few questions.

1. does orange lake have an internal exchange program. In other words, can you trade for a different week, based on availability at Orangle Lake? If you can, is it easy to get what week you want. Are there other resorts which are part of a small group that you can trade for? I know RCI is available but there is a 1 in 4 rule.

2. Does RCI strictly enforce the 1 in 4 rule?

3. what are the maintenance fees for a 2BR 2 bath sleeps 8?

4. what are the taxes?

5 are they any benefits you don't get if you buy resale that the resort offers if you buy from the developer?

6. Is it a good trader through RCI?


Hi Laticia! Ok....let's answer your questions!

1. No..OL does not have their OWN internal exchange program. You will need to join RCI. Thru RCI you will be given priority over any external exchanger regarding inventory. OL is very owner loyal, so you will always be able to trade back into the resort. The 1 in 4 rule does not apply to your home resort. You can go back to OL as often as you want.

2. operative assessment, reserve assessment and property taxes depend on which phase you purchase in.

3. your owner benefits are identical regardless of developer or resale purchase.

4. I have found my OL units to be a very good trader. I personally have no complaints regarding trading power.

Let me know, if I can be of any further help.

------------------
Vickie

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Badman

TUG Member

Posts: 40
From: Orlando,fl
Registered: Apr 2005

posted 05-19-2005 19:40     Click Here to See the Profile for Badman     Edit/Delete Message   Reply w/Quote Post A Reply
WHat's the 1 in 4 rule?

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jkjsless

TUG Member

Posts: 37
From: Port Hope, Ontario
Registered: Mar 2005

posted 05-20-2005 04:59     Click Here to See the Profile for jkjsless     Edit/Delete Message   Reply w/Quote Post A Reply
As I understand the "1 in 4" rule, you may only trade into a particular resort once every 4 years.

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capekong

TUG Member

Posts: 661
From: Southeast Missouri
Registered: Mar 2004

posted 05-20-2005 05:25     Click Here to See the Profile for capekong   Click Here to Email capekong     Edit/Delete Message   Reply w/Quote Post A Reply
Timetraveler,

What week do you own at Orange Lake for your trades? I own a two bedroom, week 22 at East Village and have traded a couple of times with some good trades, but nothing great. Maybe I haven't waited long enough with my ongoing seraches.

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elaine

TUG Member

Posts: 561
From: washington, DC
Registered: Dec 2000

posted 05-20-2005 06:28     Click Here to See the Profile for elaine   Click Here to Email elaine     Edit/Delete Message   Reply w/Quote Post A Reply
re. trading--parents have a week 51 2 BR in older section. We get very good trades, but we trade 1yr out. We have used for skiing out West, but mostly we trade into hilton head for summer. We always are able to trade up to a 3 BR gold crown in hilton head during prime summer week.

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ajsmithtx

TUG Member

Posts: 278
From: Panama City Beach, FL, USA - own at Orange Lake FL, (fixed); Shearwater, Princeville HI, (float)
Registered: Aug 2001

posted 05-20-2005 08:00     Click Here to See the Profile for ajsmithtx   Click Here to Email ajsmithtx     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by capekong:
Timetraveler,

What week do you own at Orange Lake for your trades? I own a two bedroom, week 22 at East Village and have traded a couple of times with some good trades, but nothing great. Maybe I haven't waited long enough with my ongoing seraches.


FYI. We owned a 2 bedroom week 21 at OLCC in Magnolia Court and traded a few years ago to Hawaii, receiving the Makai Cottages in Princeville as a trade. We now own a 3 bedroom in the East Village and have not used it as a trader.

------------------
Tony

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