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OK, I took the plunge, and I bought [STRIKE]one[/STRIKE], er, three. All one bedrooms (no red two bedrooms were left): a Week 21 (should be Memorial Day week most years), Week 28 (early-mid July), and Week 29 (mid-late July). I would have liked a week 26 or 27 (July 4th), but they were all gone.
I couldn't resist because the current deal is so good. All you owe for 2007 is a $75 processing fee. They have some weeks banked with RCI, and if you buy soon, they should be able to give you a credit for 2007 even though no 2007 MFs are due. (Not sure what color this credit will be -- they said it probably wouldn't be the weeks that I bought.)
They are also promising a bonus RCI blue credit each year for 10 years. My impression is, now that the weeks have been picked over (the only 2-bdrms left are week 3 & 50, and most of the holiday red 1-bdrms are gone), they are having trouble moving the remaining weeks, so they are throwing in these blue credits to try to sweeten the deal.
Here are my thoughts about these blue credits. I have not been able to reach anyone at the HOA, so I'm a bit concerned that the HOA may not have signed off on the deal, and may not keep honoring it, especially if they change management companies. Also, I'm not sure there is any value whatsoever to a blue RCI credit, at least not one from an Inland Texas resort. In fact, I have a white RCI credit that expires 8/31, and I'm just going to let it expire. (Unless anyone here wants it.) RCI's exchange fees are so high that off-season credits are pretty much worthless; I've gotten stuff from SkyAuction for less than the RCI exchange fee, and for about $100 more than an RCI exchange fee, you can often get something nicer as an II Getaway.
However, if it were possible to instead get a blue credit for II, or a deposit into DAE or Trading Places, that would have some real value. Darlene at Koch Management said they were looking into the possibility of doing II credits instead of RCI, but that they were having computer compatibility problems.
So, if I really get a bonus blue credit each year, and can use it in II/TPI/DAE, then this is a great deal. If not, it's still a good deal and I can probably find someone who will want these weeks if I can't use them, especially if the prime red weeks are no longer available from the resort.
Thank you, Mike, and everyone else who provided information on this resort!
Oh, by the way, about 30 minutes before I called Koch Management and got these 3 units, I had just won an auction (for a different resort) on eBay. That makes four new timeshare purchases in under an hour. I'm officially a timeshare addict!
I couldn't resist because the current deal is so good. All you owe for 2007 is a $75 processing fee. They have some weeks banked with RCI, and if you buy soon, they should be able to give you a credit for 2007 even though no 2007 MFs are due. (Not sure what color this credit will be -- they said it probably wouldn't be the weeks that I bought.)
They are also promising a bonus RCI blue credit each year for 10 years. My impression is, now that the weeks have been picked over (the only 2-bdrms left are week 3 & 50, and most of the holiday red 1-bdrms are gone), they are having trouble moving the remaining weeks, so they are throwing in these blue credits to try to sweeten the deal.
Here are my thoughts about these blue credits. I have not been able to reach anyone at the HOA, so I'm a bit concerned that the HOA may not have signed off on the deal, and may not keep honoring it, especially if they change management companies. Also, I'm not sure there is any value whatsoever to a blue RCI credit, at least not one from an Inland Texas resort. In fact, I have a white RCI credit that expires 8/31, and I'm just going to let it expire. (Unless anyone here wants it.) RCI's exchange fees are so high that off-season credits are pretty much worthless; I've gotten stuff from SkyAuction for less than the RCI exchange fee, and for about $100 more than an RCI exchange fee, you can often get something nicer as an II Getaway.
However, if it were possible to instead get a blue credit for II, or a deposit into DAE or Trading Places, that would have some real value. Darlene at Koch Management said they were looking into the possibility of doing II credits instead of RCI, but that they were having computer compatibility problems.
So, if I really get a bonus blue credit each year, and can use it in II/TPI/DAE, then this is a great deal. If not, it's still a good deal and I can probably find someone who will want these weeks if I can't use them, especially if the prime red weeks are no longer available from the resort.
Thank you, Mike, and everyone else who provided information on this resort!
Oh, by the way, about 30 minutes before I called Koch Management and got these 3 units, I had just won an auction (for a different resort) on eBay. That makes four new timeshare purchases in under an hour. I'm officially a timeshare addict!
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