DVC RESALES
DVC RESALES

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Old 02-27-2013, 03:24 PM   #1
BWV Dreamin
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Confirmed:Classic Resorts To Increase to $130/pt. On March 20th

I just got off the phone with my guide discussing pricing concerning the new webcast. During our discussion, she told me ALL of the classic resorts were going up to $130/pt. on March 20. AKV would be increasing to $145/pt., and Aulani would be increasing, although I didn't write down what that price would be.

I was inquiring about VWL to see if it qualified for the promos listed on the webcast. She said no, but if I went on the waitlist, I could be guaranteed the current $102/pt.

Closing costs seem high to me. A 50 pt. contract is now $150 closing, and a 100 pt. contract is over $200. My guide said the increase is now due to the fact that title insurance is being passed on to the buyer, where Disney was paying for this is the past.

Waitlist....no notification if points become available. To be placed on the waitlist, you have to give your CC and agree to be charged the 10% down. All subsequent paperwork would then be generated and sent.

Resales restrictions....my only contract is a restricted resales contract. She noticed this was my only contract and did assure me that the NEW restrictions coming would not affect me even though my contract has current restrictions. This tells me that all contracts prior to the new restriction date would be grandfathered. She wouldn't say when they were coming or what they were, just that it was not happening on March 20.

I did not inquire about Vero, HHI, or GCV as far as the price increase is concerned.
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Old 02-27-2013, 03:37 PM   #2
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I would love to hear if anyone else has heard similar information form their guide.

I would ask my guide, but I don't know who it is?? I have never been contacted but I also have never bought direct.
Stephen
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Old 02-27-2013, 03:43 PM   #3
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Originally Posted by Caren90 View Post
I would love to hear if anyone else has heard similar information form their guide.

I would ask my guide, but I don't know who it is?? I have never been contacted but I also have never bought direct.
Stephen
Same here, never heard from a guide and do not know who it is.
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Old 02-27-2013, 03:47 PM   #4
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Same here, never heard from a guide and do not know who it is.
Maybe that is a blessing...

Stephen
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Old 02-27-2013, 03:51 PM   #5
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I don't have a guide either. I do, however, have someone who tried to sell me DVC direct once.
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Old 02-27-2013, 04:26 PM   #6
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I don't have a guide either. I do, however, have someone who tried to sell me DVC direct once.
I let conscience be my guide
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Old 02-27-2013, 04:57 PM   #7
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Resales restrictions....my only contract is a restricted resales contract. She noticed this was my only contract and did assure me that the NEW restrictions coming would not affect me even though my contract has current restrictions. This tells me that all contracts prior to the new restriction date would be grandfathered. She wouldn't say when they were coming or what they were, just that it was not happening on March 20.

I did not inquire about Vero, HHI, or GCV as far as the price increase is concerned.[/QUOTE]

I'm doing a double take here. Did she say that NEW restrictions were coming for anyone buying a resale contract after this March 20?
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Old 02-27-2013, 05:01 PM   #8
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i went on the wait list for 25 points addons for BW and BC it came out to about 2850 for 25 points he just took my info that was it i am paying cash since its 25 points. he also is going to back date to my use year September so in theory i can bank right away and use 2012,2013,2014 points all at once for the add on.
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Old 02-27-2013, 05:14 PM   #9
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Originally Posted by heynowirv View Post
Resales restrictions....my only contract is a restricted resales contract. She noticed this was my only contract and did assure me that the NEW restrictions coming would not affect me even though my contract has current restrictions. This tells me that all contracts prior to the new restriction date would be grandfathered. She wouldn't say when they were coming or what they were, just that it was not happening on March 20.

I did not inquire about Vero, HHI, or GCV as far as the price increase is concerned.
I'm doing a double take here. Did she say that NEW restrictions were coming for anyone buying a resale contract after this March 20?[/QUOTE]

Back in March 2011, resales contracts bought after that date had restrictions placed on them( no use for concierge resorts, collections resorts RCI and cruises). The impending ADDITIONAL restrictions will only affect resales contracts bought after what ever date they announce. Not gonna happen on March 20.
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Old 02-27-2013, 05:22 PM   #10
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Originally Posted by BWV Dreamin View Post
I'm doing a double take here. Did she say that NEW restrictions were coming for anyone buying a resale contract after this March 20?
Back in March 2011, resales contracts bought after that date had restrictions placed on them( no use for concierge resorts, collections resorts RCI and cruises). The impending ADDITIONAL restrictions will only affect resales contracts bought after what ever date they announce. Not gonna happen on March 20.[/QUOTE]

OK so obviously i don't have any clerical skills..Ha Ha.So the answer is yes more restrictions ARE coming. hummm anyone have any idea what else they will restrict?
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Old 02-27-2013, 05:26 PM   #11
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Originally Posted by BWV Dreamin View Post
I'm doing a double take here. Did she say that NEW restrictions were coming for anyone buying a resale contract after this March 20?
Back in March 2011, resales contracts bought after that date had restrictions placed on them( no use for concierge resorts, collections resorts RCI and cruises). The impending ADDITIONAL restrictions will only affect resales contracts bought after what ever date they announce. Not gonna happen on March 20.[/QUOTE]

My contract was just submitted to Disney for ROFR today. So what happens if they implement these new restrictions before I close on my contract? Do I get screwed with here is your resale contract but good luck trying to use your points? What happened the last time to individuals who were in the middle of purchasing a DVC contract when the first restriction bomb was dropped?
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Old 02-27-2013, 05:31 PM   #12
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Originally Posted by DisneyFansInLINY View Post
Back in March 2011, resales contracts bought after that date had restrictions placed on them( no use for concierge resorts, collections resorts RCI and cruises). The impending ADDITIONAL restrictions will only affect resales contracts bought after what ever date they announce. Not gonna happen on March 20.
My contract was just submitted to Disney for ROFR today. So what happens if they implement these new restrictions before I close on my contract? Do I get screwed with here is your resale contract but good luck trying to use your points? What happened the last time to individuals who were in the middle of purchasing a DVC contract when the first restriction bomb was dropped?[/QUOTE]

No date has been announced. It not happening on March 20. In the past any contracts that were submitted to ROFR by the date announced were grandfathered in. You have nothing to worry about.
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Old 02-27-2013, 05:34 PM   #13
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As long as the contract was submitted for ROFR by March 20,2011 you were grandfathered and no restrictions were put on your points.I can't imagine it would be any different this time around, I'm just curious what other restrictions they have in mind.
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Old 02-27-2013, 05:45 PM   #14
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So the answer is yes more restrictions ARE coming.
...assuming the Guide was neither misinformed nor lying.
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Old 02-27-2013, 05:47 PM   #15
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Originally Posted by BWV Dreamin View Post
My contract was just submitted to Disney for ROFR today. So what happens if they implement these new restrictions before I close on my contract? Do I get screwed with here is your resale contract but good luck trying to use your points? What happened the last time to individuals who were in the middle of purchasing a DVC contract when the first restriction bomb was dropped?
No date has been announced. It not happening on March 20. In the past any contracts that were submitted to ROFR by the date announced were grandfathered in. You have nothing to worry about.[/QUOTE]

Ok awesome. Thanks.
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