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-   -   "Can close on..." Explain? (http://www.disboards.com/showthread.php?t=3220777)

emmamc252 01-12-2014 03:43 PM

"Can close on..." Explain?
 
So looking these seem to be priced cheaper, where they say can close x date! What are these and why cheaper?

Minniesgal 01-12-2014 03:49 PM

Quote:

Originally Posted by emmamc252 (Post 50458922)
So looking these seem to be priced cheaper, where they say can close x date! What are these and why cheaper?

Probably sellers who have a last trip booked and cannot close until after that trip.

Lurch 01-12-2014 03:55 PM

It means that they will be finished stripping the contract you are trying to buy by then.

emmamc252 01-12-2014 03:57 PM

The one I've seen still has all this years and next years points? So they're using this years, I see!

Chuck S 01-12-2014 04:01 PM

Quote:

Originally Posted by emmamc252 (Post 50459080)
The one I've seen still has all this years and next years points? So they're using this years, I see!

Possibly, or they could have an upcoming trip using banked points from last year.

Msmithmd 01-12-2014 04:02 PM

Nope. They can't advertise it with current year points if they are going to use those before closing. That would be fraud.

They are either using previous year banked points for a upcoming DVC trip, or there is some other reason for the delay in closing. (Divorce, estate, extended trip out of the country, etc...)

ETA: my post was in response to Emmam, two above. Was typing at same time as Chuck.

Minniesgal 01-12-2014 04:30 PM

Quote:

Originally Posted by emmamc252 (Post 50459080)
The one I've seen still has all this years and next years points? So they're using this years, I see!

More likely banked points from a previous year

Deb & Bill 01-12-2014 09:26 PM

Or maybe they want to get all the DVC perks before they sell, like the hints for a $399 repeat on the PAP, or TIW discount, etc.


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