Original Message:
Re: I'm interested in buying Hilton or Hyatt VC - Why have so many hit the resale market? (by Lisa M.):
JayJay, I am definitely the person looking to save money. I understand that there are other perks offered by the developer. Granted, they are attractive. If you caculate the price difference between a resale TS and the developer TS, you are going to pay HEAVILY for those "free" perks/points. You are right, some buyers truly don't care about the money. I am always a bottom line person (too much time spent in accounting firms I guess!).
Regarding the points....both Hyatt and Hilton are based on a points system. You spend your points just like money. When you buy the TS, you buy a particular week at a particular property, deeded. I guess I miss the point about getting a "good season." All that original purchase does is guarantee you a certain week at that particular resort. I can't imagine that we would want to go back to the same resort each and every year no matter what week we had. Factor in also that we have young children who have school schedules we must follow. In my opinion, what you are buying (regardless of the deeded TS) are those points which are nothing more than your leverage to bid on other properties/times/etc. that may fit your schedule and lifestyle better. Is this backwards thinking? I am so new at this. I am afraid that I am underthinking the issues! I appreciate your input very much. Lisa