New Deals
For a new buyer, what is the minimum requirement for points purchased?
New buyers are required to purchase at least 4,000 points.
What in the minimum Sales Volume for a US Collection reload transaction?
Can a member Wrap their Hawaii Collection contract into a US Collection?
No. Hawaii Collections and US Collections cannot be wrapped together.
Part 1: While upgrading MGV into US Collection, would you link to MGV Club membership type?
Would you generate upgrade documents for an MGV Upgrade?
No.
How many months is a the loan term on a trust deal NOT a passport by default?
120months/10years
What kind of discounts do members purchasing a BT qualify for?
None. Members purchasing a BT do not qualify for any kind of discounts.
What is the minimum Sales Volume for HI/Cabo reload transactions?
The minimum Sales Volume for Reload transactions in the HI/Cabo collections is $9,500.
How many loan payments are required to process a Wrap?
Buyers need to pay at least 1 loan payment on existing contracts before buying a Wrap.
Would you generate upgrade documents for an MGV Upgrade?
Yes
Do we require an exception to process a purchase for a member who has a closed Bankruptcy within 12 months.
Yes.
Can a member convert their sampler while purchasing a BT deal?
No, samplers cannot be converted when purchasing a BT deal.
If you have a US Collection Biennial Pure Conversion deal, which letter would you add after the Contract Number?
"BP" should be added when creating a US Collect Biennial Pure Conversion contract number.
What is the minimum balance required to proceed with a Wrap?
$1,000
When upgrading 2 resale contracts, would should the minimum incremental purchase price be?
The Minimum Incremental Purchase Price should be $50,000.
What is the minimum amount for a reload transaction in Embarc Collection?
2500 Points and $6,000
What is the current interest rate promo with ACH financing for purchasers with at least a 650 FICO score?
Current IR promotion for those with a 650 or higher FICO score is 9.90%.
Will a "No Score" purchaser get Grey Paper Financing?
No
On a Wrap contract, can we add a Sampler Conversion if the Sampler has a remaining loan balance?
Yes!
Consider this scenario: An owner is upgrading a Hawaii Collection contract but there is no equity found. What would you use a price per point value?
$4.75/point
For a US Purchaser who is touring in Whistler (Canada) in Experian or Eport?
Experian
Consider the following scenario: Adj. Purchase Price is $15,900 for a Tier 1 Purchaser. What is the minimum required down payment amount?
Owners must agree to put down at least $1,646 as a minimum down payment.
Consider this Scenario: Mystic Dunes deeded week owners are converting their week worth 9,000 points. What is the minimum amount of points they need to purchase according to the Selling Guidelines?
These owners would need to purchase a minimum of $4,500 points.
Consider this Scenario: If a Tour Score is a 3.1 for a Tier 4 Owner, what is the minimum sales price required?
Minimum sales price required for this scenario is $30,000.
Can line 17 on the Purchase Proposal (Total Financed Amount) for tour score 1.1 member be $152,500?
No.
Consider this Scenario: Embarc site Sandestin (SDT) has a reload. Will you add GST- Embarc Seller Paid VOI tax as a closing cost?
Yes.