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Old 09-10-2012, 09:07 AM   #1
ton80
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DVC As An Asset

Hi,
Has anyone ever listed their DVC as an asset on a mortgage refinance?

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Old 09-10-2012, 10:22 AM   #2
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I have not and I would be hesitant to list a "time share" as an asset as it is often viewed as more of a liability. This does not mean I don't love DVC, just the fact that how it will be seen on an application does not match how we as Disney addicts view it
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Old 09-10-2012, 10:24 AM   #3
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no, this was a few years ago but the lender wanted to know assets on hand or liquid assets. they wanted to compare debt to income ratio. financing through disney did not show also on credit report.
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Old 09-10-2012, 11:40 AM   #4
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I'm an accountant. I would not list my DVC as an asset for financing purposes. It is not liquid, has no appraised value and could not be used as collateral.
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Old 09-10-2012, 06:19 PM   #5
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Quote:
Originally Posted by Pakey View Post
I'm an accountant. I would not list my DVC as an asset for financing purposes. It is not liquid, has no appraised value and could not be used as collateral.
I'll defer as it pertains to a mortgage but technically it should be listed on the FAFSA aid forms though I know many don't. DVC does have an intrinsic value and there is a liquid market at a certain price level.
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Old 09-10-2012, 07:39 PM   #6
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My financial spreadsheet which tracks in detail income, budget, assets, debts, pension/social security projections and retirement analyses includes our 160 pt BLT as part of our non-liquid assets totals. I currently list the value at $90/pt for a total of $14,400. The spreadsheet is updated quarterly using the going price per point on the resale market.
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Old 09-10-2012, 07:49 PM   #7
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You can put it on there or leave it off it really won't make much difference, they are looking to see what you have in reserves....they are really only looking stocks, bonds, retirement accounts, etc
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Old 09-12-2012, 01:38 AM   #8
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When we refinanced our home loan we were told to list our DVC ownership as an asset.

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