Original Message:
Re: I'm interested in buying Hilton or Hyatt VC - Why have so many hit the resale market? (by Orville F.):
Wait just a minute. Before your resale purchase, make sure the company that you're buying:
1. Allows you to trade into it's other properties (I've read that many will not, that the points may only work at the home resort after resale)
2. Allows you to use all it's facilities. (I've read that some people lose the free spa, parking,gym priviledges on the resale)
3. Doesn't tie up your money for eight weeks on a first right of refusal contingency.
4. Will continue to enjoy "ocean view, 1 year reservations, or whatever the original owner enjoyed"
These may sound like perks, but to many people they are minimum requirements. I've even read that one person that bought a resale had to purchase a membership into the vacation club afterwards.
I've had great luck with my second-hand purchases. But, do your homework, don't just take someone's word for it, they may not know. Good luck