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Depositing - do I have this correct?

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  • Depositing - do I have this correct?

    I own 2 TS:

    New Smyrna Beach - 1 BR float week - will be able to make my 2009 ressie on September 1st. Will deposit with II - they tell me from 01/01/09 to 07/29/09 deposits they will give me an AC - so that is what I will try to make my ressie for. (was actually gonna try for Daytona 500 week, Bike Week or Spring Break week).

    Williamsburg - 3 BR lockoff float week - new purchase deed recorded - just awaiting resort confirmation. Had the previous owner make 2009 ressie for me cuz I was concerned it would be too late to get summer weeks once I took ownership. I confirmed with the resort they are holding a 1BR for late June and a 2BR for late July. Will deposit both of these with II - they tell me June 11 to Sept 2nd qualify for an AC.

    I started to think if I give II all of these say on Sept 1st I will get back:
    1. Resort week for New Smyrna.
    2. Resort week for 1BR Williamsburg
    3. Resort week for 2BR Williamsburg
    4. 3 ACs

    More thinking.....
    1. The ACs are good for a year - that means I will have from Sept 08 to Sept 09 to use them.
    2. The three resort weeks are good for a year from the week I give them (is this correct??). So that would mean:
    * 1 BR Williamsburg - if I deposit the June 2009 ressie in Sept then I have from Sept 08 to June 2010 to use. (not sure if this is right)

    Now my head hurts.....
    1. I don't want to end up having to use all of these in a year.
    2. I know I will want to use for DVC in January 2009, November 2009 & January 2010. (My FL location will see MOST DVC - but the stronger the week I give them the better)
    3. We will want to go to New Hampshire a couple of times in the next year.
    4. Anything left over - my family gets a free vacation.

    Can someone let me know if what I "THINK" will happen above is even correct.

    I assume there is a good reason not to dump all this into II in Sept. What is the best logic to try and spread these deposits and get them into late 2009 or 2010? If that is even possible.

    (Also - the Williamsburg TS is odd year only - so I won't be getting those weeks for 2010).

    Thanks in advance -

  • #2
    Originally posted by mdurette
    2. The three resort weeks are good for a year from the week I give them (is this correct??). So that would mean:
    * 1 BR Williamsburg - if I deposit the June 2009 ressie in Sept then I have from Sept 08 to June 2010 to use. (not sure if this is right)
    They're good for two years from their use date.
    ... not enough time for all the timeshares ®

    Comment


    • #3
      Originally posted by Spence View Post
      They're good for two years from their use date.
      Not 3?
      Angela

      If you change the way you look at things, the things you look at change.

      BTW, I'm still keeping track of how many times you annoy me.

      Comment


      • #4
        Originally posted by ArtsieAng
        Not 3?
        Certainly more than 1; if your weeks are good for three, let us know without making it a question. I only have points in II, so my knowledge is coincidental. RCI is 2, TPI is 2, DAE is 3.
        ... not enough time for all the timeshares ®

        Comment


        • #5
          Originally posted by Spence
          Certainly more than 1; if your weeks are good for three, let us know without making it a question. I only have points in II, so my knowledge is coincidental. RCI is 2, TPI is 2, DAE is 3.
          Mine are good for 3. I think that would apply to all week deposits, but I'm not positive, which is why I posed it as a question.
          Angela

          If you change the way you look at things, the things you look at change.

          BTW, I'm still keeping track of how many times you annoy me.

          Comment


          • #6
            Originally posted by ArtsieAng View Post
            Mine are good for 3. I think that would apply to all week deposits, but I'm not positive, which is why I posed it as a question.
            When you say good for 3 do you mean 1 year prior and 2 years after use week or do you mean 1 year prior and 3 years after use time? The OP was worried about how many years after use time.
            ... not enough time for all the timeshares ®

            Comment


            • #7
              Angela and Spence are both correct

              You have use of your deposits for 2 years after the date so your williamsburg 2009 weeks will be good to exchange up until June 2011 and late July 2011....As they are not being deposited until September - your 'year before' will be cut a little short.
              If you hade deposited the June 2009 week in June 2008 - it would be good until June 2011 - so 3 full years - one before and 2 after the date of the reservation.
              Pat
              *** My Website ***

              Comment


              • #8
                mdurette
                1 BR Williamsburg - if I deposit the June 2009 ressie in Sept then I have from Sept 08 to June 2010 to use. (not sure if this is right)

                Spence

                When you say good for 3 do you mean 1 year prior and 2 years after use week or do you mean 1 year prior and 3 years after use time? The OP was worried about how many years after use time.
                Yes, that is what I mean. Sorry, I misunderstood the OP's question, you are correct!


                This is how my weeks work.....If I were to deposit a July 4 th week, 2008, that week would expire 7 days from the check-in date, 2 years later. So, July 4, 2008, expires July 11, 2010. I normally deposit my weeks one year in advance, so I get 3 years of search time with II.
                Angela

                If you change the way you look at things, the things you look at change.

                BTW, I'm still keeping track of how many times you annoy me.

                Comment


                • #9
                  Originally posted by ArtsieAng
                  Yes, that is what I mean. Sorry, I misunderstood the OP's question, you are correct! This is how my weeks work.....If I were to deposit a July 4 th week, 2008, that week would expire 7 days from the check-in date, 2 years later. So, July 4, 2008, expires July 11, 2010. I normally deposit my weeks one year in advance, so I get 3 years of search time with II.
                  Right, sorry as I was not more specific in my answer to the OP, but they were worried about projecting to the future and an II deposit is good TWO YEARS past the use dates.
                  ... not enough time for all the timeshares ®

                  Comment


                  • #10
                    Addressing a question of the OP, you may get 0, 1, or 2 AC's when you split your Williamsburg week.

                    If you check on II on-line, it will show if the 1 BR or the 2 BR deposit is eligible for an AC. The availability of an AC for depositing the 3 BR week does not guarantee anything for lesser deposits.

                    Everything depends on how II happens to feel. Call OI before you reserve and commit to depositing your weeks if an AC really matters to you.

                    Art

                    Comment


                    • #11
                      Thanks to all of you who replied.

                      So - my original weeks are good for 2 years out and some time before then depending on when I deposit. That helps alot knowing I will have until say the Summer of 2011 to use the Williamsburg weeks. The ACs well if I can't use within a year - heck they would be good to give to family.

                      To Art: Thanks - I did call II and ask if both the 1BR and 2BR would qualify for the ACs and they said they would be (but of course that could change in Sept when I deposit them)

                      Comment


                      • #12
                        Thanks I'm leaning lots from ya'll!

                        Comment

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