FROM OUR ARF LETTER:
For a $100 Advance Reservation Fee, (ARF), we will hold your reservation, with no further payments needed until February 1st, or we receive the Owners’ Available Dates form, whichever is later. The $100 Advance Reservation Fee will be fully refunded if the Owners’ don’t allow your week(s) to be rented, and we will give you the option to cancel, penalty free, (with a full refund of the ARF) if the rental rates rise more than 5%, the start day of the week changes or there is a major reduction in the amenities of the property, ie., pool becomes unavailable or sleeping accommodations are reduced by 2 or more. Otherwise your ARF is non-refundable. Keep in mind that this fee does not go towards your future reservation payments.
REMEMBER: The ARF merely holds your reservation until the Owner approves the dates by contract. You are not obligated to accept the reservation regardless of the Owners decision, until your first payment is due in February.
If you wish to cancel your reservation please do so before February 1st, by emailing us at email@example.com Once we have emailed you a Finalized Confirmation Letter and charged your credit card the first reservation fee in February, our normal Cancellation Policy will be in effect.
Baisically, instead of paying half of your rent in say September or November you are paying an extra $100 to wait to make a firm monetary committment until February. If you change your mind before February 1st you have only lost $100. About half of the reservations we make between September and February 1st use this program.