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Author
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Topic: Renting out Villas with HGVC
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MichaelBychowsky
Non MemberPosts: 12
From: Crystal Lake, IL, McHenry
Registered: Jun 2004
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posted 09-14-2004 16:13
    
I was wondering if everyone could help me here. This is something I never really got a complete understanding on and was hoping some people with experience can comment.My wife and some friends are going down to Cabo the week of October 9th thru October 17th. We booked a 2 bedroom and a studio. One of the couples just backed out today.
So, given where we are, if I cancel I lose the $49 plus 25% of the points. On the other hand, hotels are pretty booked up there with the Meltdown, Sammy's birthday and peak fishing season. Would it make sense to rent it ? Can I do this with HGVC ? What would be a fair price ? What is my liability ? How are the specifics handled ? Thanks for everyone's help and feedback here. I am in the middle of purchasing 7,000 extra points from Joanne Peters and should be Elite soon. Big boy status is will be nice. IP: Logged |
calihockey33
TUG MemberPosts: 1890
From: So California, USA
Registered: Sep 2003
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posted 09-14-2004 21:06
Yes, you can rent it. You'll have to pay another $49.00 fee to get a guest cert with HGVC.I would advertise it until you get to the 16 day window and then you'll lose 50% of your points. Good luck
Dave
IP: Logged |
iiderman
TUG MemberPosts: 414
From: Bethesda, MD HGVC Seaworld Orlando, HGVC Valdoro Mountain Lodge
Registered: Sep 2003
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posted 09-15-2004 05:47
When you are ready to advertise, make sure you get a comparable rate from the Fiesta Americana Grand in Los Cabos for the unit you are renting out.. this is a five star resort and I would imagine room rates are high (especially when you factor in the mexican taxes) We stayed here two years ago and loved it! Good luck.IP: Logged |
Marina_K
TUG MemberPosts: 6170
From:
Registered: Dec 2000
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posted 09-15-2004 06:54
quote:
Originally posted by MichaelBychowsky:
Can I do this with HGVC ?
HGVC, Member Guide 2004, Pg. 75 -> Additional HGVClub Terms -> HGVClub Use ... HGVC & RCI are thisclose and RCI is on a witch hunt ... quote:
Originally posted by MichaelBychowsky:
What is my liability ?
HGVC, Member Guide 2004, Pg. 75 -> Additional HGVClub Terms -> Damages & Expenses ... "... sole responsibility of the Member". [This message has been edited by Marina_K (edited 09-15-2004).] IP: Logged |
Sandy Lovell
TUG MemberPosts: 1476
From: Dallas, TX, VIP Gold Fairfield Points(4 units), HGVC Elite (Bay Club, Seaworld), Tradewinds Cruise Club + 4 others
Registered: Dec 2000
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posted 09-15-2004 11:51
He booked this through HGVC, what does RCI have to do with it?IP: Logged |
calihockey33
TUG MemberPosts: 1890
From: So California, USA
Registered: Sep 2003
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posted 09-15-2004 13:47
quote:
Originally posted by MichaelBychowsky:
I am in the middle of purchasing 7,000 extra points from Joanne Peters and should be Elite soon.
Have you asked Joanne, she should know better than the rest of us? Other than Marina, most of us don't read the fine print.  IP: Logged |
Marina_K
TUG MemberPosts: 6170
From:
Registered: Dec 2000
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posted 09-15-2004 14:03
Sandy,I emailed you. quote:
Originally posted by calihockey33:
Other than Marina, most of us don't read the fine print.
I believe that 2004 was the first year *it* appeared in the Member Guide and some have had it brought to their attention  IP: Logged |
Sandy Lovell
TUG MemberPosts: 1476
From: Dallas, TX, VIP Gold Fairfield Points(4 units), HGVC Elite (Bay Club, Seaworld), Tradewinds Cruise Club + 4 others
Registered: Dec 2000
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posted 09-15-2004 15:13
I will never keep things straight as the rules are constantly in flux. Fairfield has no issues with renting out points exchanges. I have mostly Fairfield points, hence the confusion.IP: Logged |
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