Processing Terms
90SAC Stands for...
What does VIP Stand for?
VIP stands for Vacation Introductory Program.
Applicant must be a minimum of ___ years old...
Applicants must be a minimum of 18 years old.
Under what tab can we find the owner(s) Credit?
Owner credit can be found in Financial Details at the top right under "Obtain/View Credit"
Myrtle Beach, also know as Anderson Ocean Club, is what Property Number?
Property 93
Owners will return to sign contract documents at a promised later time once documents are ready. (Typically owners will return later the day of sale or the next day).
How do we calculate EOY price for properties that only provide annual prices in the Price Sheets?
Are expired Military ID's a viable source of identification for potential buyers?
No, all accepted forms of ID must be active and current.
What tab shows us Occupancy Year for a deal?
Bonus: Under what Icon can the Occupancy Year be changed?
Occupancy Year can be found under the Inventory Tab in the small rectangular box to the right of the screen.
Bonus: Where the full inventory is broken down, click the Calendar icon.
What Project Number is Parc Soleil?
Parc Soleil is Project 45
CCRA Stands for...
Credit Consumer Report Authorization
How much is the Renter Discount (Program 31)?
EOY- $500
Annual- $1,000
What is minimum amount owners are allowed to put down on a new contract?
List at least 2 details provided by the Lead Details Tab
Answers may vary. Possible Answers: Martial Status, Address, Owner Names
What two Property Codes represent Las Vegas Elara?
33 and 35
QCD stands for...
Quit Claim Deed
How much of a discount are owners eligible on each additional week purchased when purchasing more than one week?
Owners are eligible for 5% off each additional week when purchasing more than one week on applicable properties/inventories.
Are Canadian Buyers considered "Domestic?"
Yes! Canadian and U.S. purchasers are considered to be "Domestic."
Where are all three Interest Rates located in E-Worksheet?
ACH, ACC, and Coupon Interest Rates can be located under Financial Summary at the bottom left where "Interest Rate" is underlined.
Grand Pacific Resorts are what project numbers?
220 Marbrisa, 221 Palisades, 222 Seapointe
Money Pender Means
Owners could not pay the entire promised down payment (whether Cash or Financed) on the day of sale and are promising to pay it over an agreed period of time. Deals will not flip until promised down-payments are fulfilled.
Can Renter Discount be combined with the Multi-Week discount?
Yes! This is one of the only combinations permitted when it comes to discounts (Pg. 10)
If no Credit Score can be obtained for a potential owner, it will be treated a as Credit Score below...
If no Credit Score can be obtained for a potential owners, it will be treated as a Credit Score below 500.
Where, in the e-worksheet, do we go to find the tour information for the contract being processed?
Tour Information can be found by clicking the "person" icon at the top of the screen and clicking "View Tour" at the bottom of the pop-up. This will direct you to the tour information in Chorus (subject to change).
Where is Craigendarroch Suites and what Project Number is it under?
Craigendarroch Suites is located in Scotland under Project Number 297.