Bank and borrow

[bartty]

Just need clarification.....

Had to borrow points for Dec. ressie but I'm going to change the reservation from a GV to a 2br. So, I can use the borrowed points and bank all of 2004 points.....right??

We don't plan to go back till next year, we have 250pts at ssr with an april uy.

If I wanted to rent out my ressie, how much do you think I can charge for a GV for a 6 night stay from 11/28-12/4??

This is the second time I've changed my reservation due to family changing their minds.... next year we're going and not telling ANYBODY!!!

Thanks

 

[PamOKW]

The points you borrowed from April 2005 must be used by March 31, 2005. However, you can cancel and rebook reservations with them. Your April 2004 can be banked into 2005 (must then be used between April 1, 2005-March 31, 2006) according to the banking schedule. You have until September 30, 2004 to bank 100% of the points and then the amounts go down until you reach a point where you can no longer bank.

Renting always depends on demand. $10 per point seems to be the minimum most people ask for. However, since your reservation is 400+ points, you have to find someone who is willing to work out a $4,000+ transaction with a stranger. It's really a matter of timing if you get an interested party. If you didn't get any interest (or the price you want), you could consider breaking up the reservation and/or making other reservations.