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what do i have?

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  • what do i have?

    Hi,

    I would sincerely appreciate any help understanding what I have.

    I bought the following on ebay:

    The Suites at Fall Creek 30 2 Bedroom Lock-off Platinum 4,000 Active

    It is supposed to be deeded every other year use so why the 4000 points?

    Is this good for much besides going to branson every other year?

    Can I deposit the lockoff parts (i.e. 2 deposits) in RCI?

    Can I exchange in the DRI system?

    To use II do I need to pay their member fees too?

    Thanks for any help!

  • #2
    Not much...

    Originally posted by danomano
    The Suites at Fall Creek 30 2 Bedroom Lock-off Platinum 4,000 Active
    I don't see where 4000 points comes from, is this in the description on a DRI website of your contract?

    Originally posted by danomano
    It is supposed to be deeded every other year use so why the 4000 points?
    Often you can 'see' the points that your deed would be worth if you had it in THE Club. If this is a fixed week 30 it should be worth 6000 on an annual basis and 3000 a year based on EOY deed. If it floats but is Wk30 for deeding purposes it takes on the value of the aggregate of values for the float period.

    Originally posted by danomano
    Is this good for much besides going to branson every other year?
    As you have it right now, not really.

    Originally posted by danomano
    Can I deposit the lockoff parts (i.e. 2 deposits) in RCI?
    You'd have to call Rents Condos Instead and ask, the Studio may not be accepted as a deposit.

    Originally posted by danomano
    Can I exchange in the DRI system?
    Not unless you join THE Club at $2995 or more.

    Originally posted by danomano
    To use II do I need to pay their member fees too?
    I believe this is the case as it applies to Fall Creek: Although Fall Creek does not have what is considered a DUAL membership with both RCI and II, we do have access to both exchange companies. As an owner at Fall Creek the exchange company that you have access to use is based upon the type of ownership that you have. If you are a fixed owner at Fall Creek you are using the exchange company RCI to make all your exchanges and will continue to do so. However, if you are a member of THE Club currently or become a member in the future, you are now making your exchanges through II as your exchange company.
    ... not enough time for all the timeshares ®

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