New Owner at Powhatan Question

[mace Senior Member Find all posts View Profile Close mace]

I have a deeded week 27 at Powhatan for 4 bed/bath lock off M.F. of $892
I understand that this could be transfered with a conversion into the club and that I would have roughly 15,000 points. I've seen it noted that the conversion is about $5000 for 2000 and the option of bringing in other properties at that time. I also understand that there are trust properties in which you must give up your deed and in the Florida trust it consists of 21 resorts. In the Club you have access to around 100 properties. My question is the following if I enter the Club membership that gives me free access to 100 resorts just club fees correct, how does this change my total fees $892 + club dues + 2000pts * (7.3 cents*point) in the end am i paying more than I would if I just traded with RCI at 300 per year. Although constrained to two weeks vacation I believe thats all my job will allow along with Christmas etc. Finally how easy is it to book vacations with Sunterra versus how lucky will I be with RCI and Powhatan week 27. Furthermore I'm in Sunterra Escapes at the moment I could request that they convert my week 27 over before I purchases the 2500pts not sure if they would do it but ......

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

Unless you know something about 2008 MFs... 2007 fees were $832 + an ARDA $3 if you so chose to waste your money.

You wouldn't want to give up that deed as it has very low MFs/pt.

Once in Club Sunterra, there are no exchange fees for the Sunterra resorts and your Club fees cover the II membership if you want to exchange through them with exch fees.

With 17,000 points you'll have options for more than two weeks vacation. Reservations are generally easy to make if you plan in advance!

I have a deeded week 27 at Powhatan for 4 bed/bath lock off M.F. of $892
I understand that this could be transfered with a conversion into the club and that I would have roughly 15,000 points. I've seen it noted that the conversion is about $5000 for 2000 and the option of bringing in other properties at that time. I also understand that there are trust properties in which you must give up your deed and in the Florida trust it consists of 21 resorts. In the Club you have access to around 100 properties. My question is the following if I enter the Club membership that gives me free access to 100 resorts just club fees correct, how does this change my total fees $892 + club dues + 2000pts * (7.3 cents*point) in the end am i paying more than I would if I just traded with RCI at 300 per year. Although constrained to two weeks vacation I believe thats all my job will allow along with Christmas etc. Finally how easy is it to book vacations with Sunterra versus how lucky will I be with RCI and Powhatan week 27. Furthermore I'm in Sunterra Escapes at the moment I could request that they convert my week 27 over before I purchases the 2500pts not sure if they would do it but ......

[sb1070 Member Find all posts View Profile Close sb1070]

Mace

The only luck I ever had trading Powhatan with RCI was Orlando in late Oct or early Nov. I recently converted my weeks to Club by purchasing points from Sunterra.

Scott

[mace Senior Member Find all posts View Profile Close mace]

Thanks Spence it is actually 832 MFs so let me get this straight say I convert this and other properties over into the club my fees would then be

MFs on my deeded properties + Club dues + MFs on the retail points I have to buy correct? Then I can freely use my points with about 100 resorts but if I pay the exchange fee of $129 or something like this to use II how do my points convert? What are the II resort point values by Sunterra or how does this work?

many thanks in advance btw spence are you on vrbo because I believe I rented from you last winter maybe week 50 or something anyways we enjoyed our stay quite a bit we may end up buying that retail package that they offered inorder to convert our timeshare weeks into the club so you might get free points after all.

thanks again

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

Thanks Spence it is actually 832 MFs so let me get this straight say I convert this and other properties over into the club my fees would then be

MFs on my deeded properties + Club dues + MFs on the retail points I have to buy correct? Then I can freely use my points with about 100 resorts but if I pay the exchange fee of $129 or something like this to use II how do my points convert? What are the II resort point values by Sunterra or how does this work?

many thanks in advance btw spence are you on vrbo because I believe I rented from you last winter maybe week 50 or something anyways we enjoyed our stay quite a bit we may end up buying that retail package that they offered inorder to convert our timeshare weeks into the club so you might get free points after all.

thanks again

Yes Jason, it's me, referrals are, of course, appreciated. You have the MF about right. The additional you'll be paying above your deeded MFs is 7.3¢/pt + ~$200 fixed base assesment/yr on any/all points + $151 Club Dues.

Check Pg10 of the SunOptions Directory to see what II costs you.

[mace Senior Member Find all posts View Profile Close mace]

Now I understand that sunoptions can pay or reduce MFs and dues but how much benefit do you get per point I can't find the fact anywhere

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

Now I understand that sunoptions can pay or reduce MFs and dues but how much benefit do you get per point I can't find the fact anywhere

Not a good deal. 5.85¢/pt for MFs and other benefits are usually a bit less of a benefit. It's an option if you know in advance that you can't use your points and don't want to save them but it must be exercised early in the year. Did you read SunGlances?

[mace Senior Member Find all posts View Profile Close mace]

Yeah thats what I thought, I knew that one comes up short in that deal I just didn't know how short. I went through Sunglances I probably need to go over it again however before I see the sales people those guys are agents of confusion.
Thanks again Spence

[dwmantz Senior Member Find all posts View Profile Close dwmantz]

Having just gone through this, your questions look extremely familiar. You need to read Sunoptions and SunGlances with the goal of totally understanding them, then to read this entire forum as well. Then there's more . . .

Net/net is join the club, but understand it as best as possible first.

When you have questions, ask. There are many wonderful people out there always willing to answer and to help. Spence is one of the best!!!

Blessings!