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Old 01-03-2014, 03:48 PM   #1
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where to begin now we decided to buy???

I'm sorry as I know this is probably asked all the time but would appreciate any advice offered!!!

My Mum currently owns DVC and we have been able to go one her points the last few years......... however we now have 2 little ones ourselves, my sister has 1 and 1 on the way and our ever expanding families means my mums initial purchase points (150SSR) is just not enough anymore so we are looking to buy in. We know that want to buy in as we want to continue to go to disney and we want to stay at the delux resorts etc. We know how dvc works from my mum BUT we need some help with where to start with the buying in process, having a look online I already felt totally overwhelmed. My mum bought direct from dvc so she can't help, we will only be using the points to stay in WDW florida so resale definately makes the most economic sense for us!

So Basically where do I start???????? Is there a website or page on here that kind of shows me where to start when looking to buy resale? There are so many different companies, I'm also totally unsure how many points to buy and where at as we prefer to stay at different resorts and seem to go at different times of year, we're thinking get roughly enough for a studio and then when the kids get older it will be enough for shorter in a 1 bed when they want to go universal etc, its not an easy decision, I feel like a need a cheat sheet or dvc resale for dummies site!!!!
Disney means family and my family are everything to me!!!
DVC member. From the UK!
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Old 01-03-2014, 04:07 PM   #2
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I have used The Timeshare Store for several re-sale transactions (on both sides of the deal) and have been happy with them - they make it pretty painless and have a listing of available contracts on their website.
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Old 01-03-2014, 04:18 PM   #3
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At the top of this page under "The Timeshare Store" heading;

Click onto the DVC Resale Listings link and start watching for the listing that fits your needs the best.

I used them and they made me feel like I was their only customer! They were easy to reach when I had questions and emailed me each step of the way through the buying process.
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Old 01-03-2014, 04:34 PM   #4
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Although our resale contract was taken via right of first refusal(ROFR), we also used the Timeshare store and have nothing but positives to say about them.

They sponsor this section of the DIS so you can click on one of their banner ads right from here.

I would encourage you to give them a call. They close many many contracts and can walk you through the resale process.

Besides patience (because it can move slow at times waiting 30 days for Disney to pass ROFR once you have an agreed purchase), the overall process is not that complicated.

To be safe, just use one of the better listing companies and you should be fine. I would avoid eBay, etc. for your first purchase. The asking prices for the various resorts you find in the Timeshare Store listings will give you a reasonable range of value. Your offer can be less then asking but you should expect within a reasonable ($5 to $10) range of asking unless you catch a desperate sell (which might indicate other issues down the line - like not being able to close due to balance due). The market was really hot for awhile and might be cooling. You might be able to offer a little less now.

The key is to find the resort you like, the points you need, and a Use Year (UY) that works for you, and keep looking until you find a resale contract that fits your needs on a highly respected listing agent site. It is a rather dynamic market so new listings are happening all the time if you do not find something on your first review.

If SSR has worked for you, it is a very good value in resale and you should seriously consider it. To keep it simple, try and find a single contract that meets your needs (unless you are looking to buy over 250 pts). If you need more then one, make sure it is the same resort and UY to keep your membership together.
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Old 01-03-2014, 04:40 PM   #5
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Here is an old post that asks the same question.

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Old 01-03-2014, 04:43 PM   #6
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One other thing I should have mentioned.

When reviewing contracts for sale, pay close attention to how many points are available to you as the new owner.

A "loaded" contract would have banked pts and current year pts ready for use. While a "stripped" contract might have zero points ready for use and all pts taken from outer years due to prior borrowing.

So, just because two contract both have "100 pts" assigned to them, they can vary widely on how many of those 100 pts you will immediately be able to use once you close. It can make a real difference when determining which one is the better value to purchase.
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Old 01-03-2014, 04:54 PM   #7
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I have used both The Timeshare Store and Shontell Crawford with DVC by Resale. Both were equally easy and awesome to work with.
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Old 01-03-2014, 05:30 PM   #8
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The Timeshare Store has a buyer's guide. This includes the basics of buying resale. Contact them and they can email you an electronic copy.

There are many on these threads who have used The Timeshare Store. They tend to have fewer bargains than some other DVC resellers but they also are perhaps the most professional and probably the best choice for those who want a low-stress DVC resale purchase experience.

Since you already use your mum's DVC, you know some of the basics. I suggest you start by deciding when you are most likely to visit, which resort you'd want to own at, and how many points you think you will need.

With the very young ones you have, I suspect BLT could be a good option since it's within walking distance of the Magic Kingdom. However, BLT's more expensive than most.

Since your mum already owns at SSR, it's low purchase price and annual Maintenance Fee might be a good alternative.

Happy shopping!
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Old 01-06-2014, 09:54 AM   #9
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Originally Posted by DisneyDiana View Post
I have used both The Timeshare Store and Shontell Crawford with DVC by Resale. Both were equally easy and awesome to work with.
For the love of Disney...
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