A reserve price is the minimum price the seller will accept. This price is hidden from bidders. To win, a bidder must have the highest bid and have met or exceeded the reserve price.
Unit Size: 2-Bedroom, 2-Bathroom (Sleeps 8 - Lockoff Unit)*
*Use the Lockoff Feature to split your unit into (2) bankable 1-BR Units.
Usage: Annually beginning 2010
Maintenance Fees: $824.00 (including taxes)
Trading Company: RCI #5773 - GOLD CROWN
-RESORT DESCRIPTION-
Vacation Village at Weston offers you and your family the comfort and amenities you long for just minutes from South Florida's exciting hot spots and entertainment. World class sporting and recreational opportunities, incomparable cuisine, pampering spa services, shopping malls galore and a veritable wealth of nearby sightseeing destinations – they’re all within just a short drive of Vacation Village at Weston. With all that the legendary Fort Lauderdale area has to offer, the entertainment possibilities are seemingly endless.
CLOSING HANDLED BY A LICENSED & INSURED RESORT TRANSFER COMPANY WHO WILL ALSO HANDLE ESCROW
OPTIONAL TITLE INSURANCE IS ALWAYS OFFERED FOR YOUR BUYING SAFETY (ADDITIONAL FEES APPLY)
- WHAT DO I DO WHEN I WIN? -
If you are the winning bidder for any of our auctions, Congratulations! Once the auction has ended successfully, you will receive an email from STEPHANIE@sellingtimeguys.com requesting information for contract purposes only.
PLEASE DO NOT SEND PAYMENT UNTIL YOU HAVE REVIEWED THE CONTRACT COMPLETELY
Once we receive the information, a purchase contract will be prepared along with your Paypal invoice and will be due within 5 days of receiving your contract.
- TIMESHARE FAQ'S & GLOSSARY -
Q. What is a maintenance fee?
A. The maintenance fee is an annual charge, on top of your initial purchase cost, that goes toward the upkeep of your timeshare. Your maintenance fee usually covers property taxes, insurance, utilities, cable, telephone, and all property up keep such as furniture, carpet, and the common facilities of the resort. Usually, the resort's Homeowners Association decides this fee.
Q. What is a transfer fee?
A. A transfer fee is a cost that resorts charge to transfer ownership from one party to another. This fee applies directly to resale timeshares. Transfer fees are determined by the resort and will vary depending on what resort you are buying.
Q. What is a fixed week?
A. A fixed week is ownership of a specific week of usage each year. The first week of the year will be designated as week #1, and the last week of the year will be week #52. Usually, fixed weeks are assigned to a fixed condominium unit as well.
Q. What is a floating week?
A. A floating week means that the week you own is not a pre-determined week. A floating week guarantees you one week within a certain time period based on what season rating your membership is. Each year, you contact the resort and reserve the week during your season that you would like to use. If you plan on exchanging your floating week, you will need to make a reservation before you deposit your week with the exchange company.
Q. What is a point system?
A. A point system is a vacation ownership in which you own points that represent the quality of the unit you will have. More points translate into higher season ratings, larger accommodations, and better trading power. For example, a low season studio unit may take 100 points to reserve the time, but a high season two bedroom unit may require 300 timeshare points. Most systems will allow you to borrow from future years or to carry over unused points to the next year.
Q. What is a lock-off unit?
A. Lock-off units may be divided into two or more smaller units for exchange or usage purposes. For example, a two bedroom lock-off may be divided into a one bedroom and a studio, or some other configuration which the particular resort will provide. Usually one of the units is used for exchange purposes giving the owner the ability to vacation an additional week each year. Remember that you will no longer have the use of your large unit, but it will be in two or more smaller units.
Q. What is leased or right to use property?
A. A right to use your timeshare for a specified number of years. At the end of this period the property reverts back to the developer. Some resorts allow accelerated usage which means that you may borrow usage from future years. to do so you will normally pay the maintenance fees for the accelerated usage.
Exchange Company:
A company or organization (i.e. RCI or II) that accepts timeshare weeks on deposit from its interval owners/members to establish a pool of weeks from which other members may select the resort and vacation times of their choice. When a member deposits their week with an exchange company, the company compares the week the depositor is asking for with weeks deposited by other members and provides a suitable match based on availability and value. Factors affecting the exchange value are: the resort's rating, the time division; i.e. prime season versus low season, the size of the unit desired, etc.
Odd or Even Year Usage:
Timeshare ownership usage every other year -- some odd-numbered, some even. The ownership of this type of interval is valued at one-half the value of a full ownership property since the use is restricted to one-half of the annual usage.
Red week:
Refers to the prime season to visit a particular resort.
Season:
Exchange company division of the weeks in a year into popular (Red), shoulder (White for RCI or Amber for II) and off-peak (Blue for RCI or Green for II) for the calculation of trading power in exchanges. Each resort may have different seasons depending on location, etc.
Space banking:
Depositing a week of owned timeshare with an exchange company, also referred to as banking.
Special Assessment:
A fee, over and above the annual maintenance fee, assessed by the resort pro rata to interval owners. This fee, when assessed, is intended to defray expenses related to major repairs and refurbishing of resort equipment, facilities, and units.
THANK YOU ONCE AGAIN, WE ARE LOOKING FORWARD TO A SMOOTH TRANSACTION
00156
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Item location: Winter Park, FL, United States
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*The estimated delivery time is based on the seller's handling time, the shipping service selected, and when the seller receives cleared payment. Sellers are not responsible for shipping service transit times. Transit times may vary, particularly during peak periods.
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