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SafeGuard Loyalty Program for Vacation Club Memberships
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For vacation home purchases we provide a guaranteed buy back option after a pre-determined period of time, mitigating the risk of market fluctuation or a long resale cycle.
SafeGuard offers a guaranteed buy back option which allows a customer to enjoy the ownership of a vacation home for a defined number of years, knowing that at the end SafeGuard will buy the home from them for 100% of the original purchase price (including the program fee).
This program delivers zero-risk and total flexibility, as a customer may choose to opt out of the program where they keep the home and receive back 100% of their program fee.
Additionally, if a customer wants to purchase another home before the end of the term, they may surrender the buy back guarantee in favor of a loyalty credit from SafeGuard if the new home is purchased through the same agent or developer and includes a new loyalty program. By choosing this option, the customer benefits from both the Loyalty Credit and the market value of the current real estate, making it easier to upgrade to a larger home.
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100% Guaranteed Buy Back With Early Opt-Out
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This Loyalty Program is offered as an optional add-on to a leisure real estate purchase, where the purchaser pays the program fee directly to SafeGuard.
The program mitigates the risk of a drop in future real estate prices by providing customers with a guaranteed buy back option at 100% of the original sales price (including the SafeGuard fee) at the end of a pre-determined length of time, or the choice to opt-out of the program anytime after 25% of the program term has elapsed, retaining full ownership of the home and receiving back 100% of their loyalty program fee.
While the guaranteed buy back is in place, Loyalty Credits are also accrued for each year of ownership that could be redeemed towards another real estate purchase instead of completing the full buy back term.
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Secure & Guaranteed Redemption
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If a home owner completes the full term of the loyalty program, they transfer ownership of the real estate to SafeGuard in return for 100% of the original purchase price, and the program ends. Alternatively, if a customer purchases a new home from the same real estate agent or developer and uses the Loyalty Credits instead, the agent will take care of everything as part of the new sale. Any redemption will signify the end of the loyalty program.
All SafeGuard Loyalty Programs are secured through an insured structured finance model that provides a pre-determined value after a pre-determined length of time, without the risk of market fluctuation. All applicable funds are held in trust and protected by A-grade specialist insurance to guarantee all qualifying payouts.
This structure ensures that the value of your Loyalty Program is secured separately so that in the unlikely event that anything happens to your yacht dealer, or even SafeGuard, that your accrued Loyalty Credits will still be redeemable through the trust up to the maximum agreed amount.
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