Is this an uncertain time to buy Ridge at Sedona?

[sheilaanthony Member Find all posts View Profile Close sheilaanthony]

I've been talking with you all on and off the forum for a couple months. You've been a wonderful resource so far. Perhaps with the buy-out this is a bad time to consider more Sunterra, but we own Club Sunterra with 18,000 points. We're in escrow on 2 Greensprings that we understand we can bring the trades into the club for an additional 26,000 points, and keep the deeds. That will bring us to 44,000 sunoptions, 6000 short of Platinum Elite. We were thinking of picking up a small deed at The Ridge in Sedona which we guessed would be worth about 3,000 sunoptions, but the seller told us Sunterra will NOT let us bring that trade into points and has not encouraged us to buy it. We were not aware that not all Sunterra TS's were eligible to be placed into the Club. We thought we would bring all three properties at once and buy their required 2000-3000 points and be done. What do the TS4MS Gurus think of that? I'll wait to hear your wisdom, once again.

[Spence Super Moderator Find all posts View Profile Close Spence]

There's not a deeded week valued at 3000 SunOptions at Ridge on Sedona. Mid-Season (lowest at Ridge) Studio is worth 3500. Is this a small UDI-UnDivided Interest? It is ludicrous to me to think that they would not accept that resort into Club Sunterra. Does the seller know what the hell (s)he's talking about, I would wonder?

Can you use that many points every year? What's it about Platinum Elite that appeals to you so much?

I've been talking with you all on and off the forum for a couple months. You've been a wonderful resource so far. Perhaps with the buy-out this is a bad time to consider more Sunterra, but we own Club Sunterra with 18,000 points. We're in escrow on 2 Greensprings that we understand we can bring the trades into the club for an additional 26,000 points, and keep the deeds. That will bring us to 44,000 sunoptions, 6000 short of Platinum Elite. We were thinking of picking up a small deed at The Ridge in Sedona which we guessed would be worth about 3,000 sunoptions, but the seller told us Sunterra will NOT let us bring that trade into points and has not encouraged us to buy it. We were not aware that not all Sunterra TS's were eligible to be placed into the Club. We thought we would bring all three properties at once and buy their required 2000-3000 points and be done. What do the TS4MS Gurus think of that? I'll wait to hear your wisdom, once again.

[sheilaanthony Member Find all posts View Profile Close sheilaanthony]

Good Questions, Spence. I'll try to honestly answer. The Ridge at Sedona is 1-52 EOY; hence not a lot of points; not sure the seller knows what he's talking about either and that's why I wanted to check it out with you folks at TS4MS. Is my thinking correct that all the properties in the trust should be able to convert the rentals to sunoptions? When we converted in January we didn't think 18000 sunoptions was enough to spread them among ourselves and 3 grown children, so we picked up 2 resales that seemed inexpensive in terms of their MF's and high annual points. Certainly 44,000 plus the 2000-3000 we will be obligated to buy from the sales center will now be an substantial number to live our lives with. We only want to "buy" one time from the sales center when we bring in these new properties to Club. There are benefits to platinum elite, and since we'll be so close, we thought of exploring the possibilities. We are looking for a small inexpensive deed. Maybe this is foolish thinking, especially now with the buyout and uncertainties about Europe, etc. What would you do?

[Spence Super Moderator Find all posts View Profile Close Spence]

50,000 points can go a long way, sounds like you're prepared to use them. You could easily pick up a Trust property off eBay to make up the needed deficit before paying the $ to the Sales Center for conversion. Last quote I had from Greensprings was $6160 for 2000 points for 'free' conversion. I'd go ahead. It may be a naive outlook, but with DRI only having one resort, I can't see the Sunterra point system changing much.

Good Questions, Spence. I'll try to honestly answer. The Ridge at Sedona is 1-52 EOY; hence not a lot of points; not sure the seller knows what he's talking about either and that's why I wanted to check it out with you folks at TS4MS. Is my thinking correct that all the properties in the trust should be able to convert the rentals to sunoptions? When we converted in January we didn't think 18000 sunoptions was enough to spread them among ourselves and 3 grown children, so we picked up 2 resales that seemed inexpensive in terms of their MF's and high annual points. Certainly 44,000 plus the 2000-3000 we will be obligated to buy from the sales center will now be an substantial number to live our lives with. We only want to "buy" one time from the sales center when we bring in these new properties to Club. There are benefits to platinum elite, and since we'll be so close, we thought of exploring the possibilities. We are looking for a small inexpensive deed. Maybe this is foolish thinking, especially now with the buyout and uncertainties about Europe, etc. What would you do?