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Re: Successful Resales & Rental Feedback Wanted (by Mary D.):
Do you understand the term "floating week"? Usually "floating weeks" are tied to a "season" such as High/Red, Medium/White, and Low/Blue. Different resort groups use different terminology, but you get the drift. If you buy Low/Blue float time, you are not limited to your contractual week but you can only reserve during Low demand time (if any). Medium/White owners may reserve in Medium or Low seasons. High/Red owners can reserve at any time. Of course "based on availability" is always a given. Before buying, make very sure whether there are seasonal limitations that are acceptable to you. If the resort is part of a chain such as Westgate, etc., ask about the policies regarding exchanging among resorts in the chain. Is that allowed? If so, is there an Internal Exchange Fee or not? And WHAT WERE THE MAINTENANCE FEES OVER THE PAST FEW YEARS. Can you afford them? When will they be due again? The honesty of the sell is probably not a problem, but you need to understand what you are buying. MD