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Author
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Topic: Depositing too close to occupancy-date ?
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DougKaya
TUG MemberPosts: 1269
From: Concord, CA Kauai-Marriott Marriott-Marbella Mount Amanzi
Registered: Dec 2000
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posted 12-22-2003 15:56
   
Hi Craig  If I reserve my week for sometime within the first two months of 2004...
and subsequently deposit that week with I.I. in January 2004.
Would that deposit have a lower trading-power because the occupancy-date is less than 60 days away ??? Don't know if the question was asked before.
Logic tells me it would have a lower trading-power than if deposited with a longer "lead" time. Thanks... Doug IP: Logged |
CraigU
TUG MemberPosts: 2331
From: Miami, Florida USA
Registered: Jun 2002
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posted 12-22-2003 16:46
Deposits under sixty days in advance of the occupancy dates are restricted to the flexchange window upon redemption. As such, most components of comparable exchange are not applicable. quote:
Originally posted by DougKaya:
Hi Craig If I reserve my week for sometime within the first two months of 2004...
and subsequently deposit that week with I.I. in January 2004.
Would that deposit have a lower trading-power because the occupancy-date is less than 60 days away ??? Don't know if the question was asked before.
Logic tells me it would have a lower trading-power than if deposited with a longer "lead" time. Thanks... Doug
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Craig Urbine
Vice President
Member Services
Interval International IP: Logged |
DougKaya
TUG MemberPosts: 1269
From: Concord, CA Kauai-Marriott Marriott-Marbella Mount Amanzi
Registered: Dec 2000
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posted 12-22-2003 19:12
quote:
Originally posted by CraigU:
Deposits under sixty days in advance of the occupancy dates are restricted to the flexchange window upon redemption. As such, most components of comparable exchange are not applicable.
Makes sense to me ! For the above reason, I'd think that there aren't many deposits, for the months of January-February.
Since I pay my maintenance-fee in December, reserving anything early in the following year, wouldn't be prudent, unless I was using it or renting it.
Thanks for your quick response !
Doug
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dougp26364
TUG MemberPosts: 1850
From: Wichita KS owner: Polo Towers/ The Villas at Polo Towers/ Marriot's Ocean Point/Marriott's Grand Chateau/ HGVC LVStrip/ Grand Regency Branson, MO
Registered: Jan 2001
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posted 12-24-2003 13:48
You might want to check with your resort about the ability to pay your MF earlier in the year. We generally like to use one of our weeks in March and don't like to wait until December to reserve it. I called customer service and found that we had an option to pay a MF equal to the last one billed to have the right to reserve our week for the next year. At the end of the year, if the MF go up, we are billed the difference. It also allows us to make deposits with I.I. earlier than waiting for December to role around.
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DougKaya
TUG MemberPosts: 1269
From: Concord, CA Kauai-Marriott Marriott-Marbella Mount Amanzi
Registered: Dec 2000
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posted 12-27-2003 07:37
quote:
Originally posted by dougp26364:
You might want to check with your resort about the ability to pay your MF earlier in the year...... I called customer service and found that we had an option to pay a MF equal to the last one billed to have the right to reserve our week for the next year. At the end of the year, if the MF go up, we are billed the difference. It also allows us to make deposits with I.I. earlier than waiting for December to role around.
Thanks for the tip !!!
I'll try that... NEXT year  IP: Logged |
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