|
Thanks for pointing this auction out. I have been watching a number of them on EBay trying and get a feel for pricing. There was a 1,000,000 point MB Wyndham package that went for $9,000 last night. I still don't have a good feel for pricing yet so I will continue to monitor.
It also becomes a question of how deep do I want to jump in on this. The 1,000,000 point program carried with it about $4,800 in annual maintenance fees. I need to make sure that I really understand what our family needs and how we would use it before we take on something like that.
A few related questions: It seems like there are two approaches that can be taken; one is to buy a big (1,000,000) package and hope that this is really what you want, or the other is to test the water with a 300,000 package (which of course brings with it much smaller maintenance fees) and make sure that the points timeshare strategy works for the family. The question is, are there advantages/disadvantages to owning one 1,000,000 point deed vs. owning 3 or 4 smaller packages that total the 1,000,000 points? I understand that the closing, title, and transfer costs will be duplicated for each deed but other than that, is there any difference when it comes to using points or any other consideration?
One other question: I can't figure out what "fairshare" means. I understand the Wyndam and Fairfield (all one now) but is fairshare a specific program within these companies or is it something different?
Thanks again for helping us navigate this new world of timeshares. Those of you who have recommended that we eduate ourselves before jumping in have offered good advice that we are trying to follow.
|
