DVC RESALES
DVC RESALES

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Old 06-18-2013, 12:28 PM   #211
greengeen
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The closing costs on the resale 30-50 point contracts seem to be around $325. Is that close to what Disney charges for closing when buying direct on a similar sized contract?
I paid $119 on a 50 point contract direct. It's one of the things I considered when deciding between direct and resale.
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Old 06-18-2013, 01:33 PM   #212
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I paid $119 on a 50 point contract direct. It's one of the things I considered when deciding between direct and resale.
Is there a difference in closing costs if you are paying cash vs financing?
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Old 06-18-2013, 05:29 PM   #213
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I would not think so.
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Old 06-18-2013, 06:18 PM   #214
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Is there a difference in closing costs if you are paying cash vs financing?
We pay cash so honestly, I don't know.
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Old 06-20-2013, 11:12 AM   #215
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Congrats to all those who have gotten their points!

I'm seriously doubting we will ever see the 25 Oct UY BWV points we requested. According tho the ROFR thread, DVD hasn't taken back any BWV contracts priced over $70 and when I look at all of the big DVC resale sites there is only one contract priced at $70 right now and that is for a stripped 400 point contract with a March UY. All the rest of the contracts are priced at $80 or over. Fidelity even has one priced at $96.67 and one at $100!

I just don't see DVD ROFRing contracts at $80 or more. By the time they pay for the contract and closing costs, the profit margins wouldn't be worth their while.
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Old 06-20-2013, 11:52 AM   #216
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Congrats to all those who have gotten their points!

I'm seriously doubting we will ever see the 25 Oct UY BWV points we requested. According tho the ROFR thread, DVD hasn't taken back any BWV contracts priced over $70 and when I look at all of the big DVC resale sites there is only one contract priced at $70 right now and that is for a stripped 400 point contract with a March UY. All the rest of the contracts are priced at $80 or over. Fidelity even has one priced at $96.67 and one at $100!

I just don't see DVD ROFRing contracts at $80 or more. By the time they pay for the contract and closing costs, the profit margins wouldn't be worth their while.
They get the most points back from foreclosure, so they are still reacquiring BWV contracts. Hang in there!

Is anyone on the WL for HH Aug UY points?
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Old 06-20-2013, 12:14 PM   #217
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Don't worry about it they can take a 300 point contract and break it up. It took me 4 months to get 30 bwl points for sept use year. You will get them
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Old 06-20-2013, 12:45 PM   #218
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Is anyone on the WL for HH Aug UY points?
Not Aug UY but Feb UY. Went on the waiting list for 60 points HH on March 19th and they came through June 13th. So about three months. I had checked with my guide two weeks before they came through and he told me a couple more months so was quite surprised to hear from him last week!
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Old 06-21-2013, 02:39 PM   #219
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Just saw a 28 point vwl with no points until 2014 sell for 99 a point. I just paid 103 direct from Disney in march for 103 a point
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Old 06-21-2013, 02:49 PM   #220
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Just saw a 28 point vwl with no points until 2014 sell for 99 a point. I just paid 103 direct from Disney in march for 103 a point
Sold in less than 30 minutes with $375 closing costs! At that price, I would prefer to buy direct. Where are the savings???
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Old 06-21-2013, 02:58 PM   #221
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Quote:
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Just saw a 28 point vwl with no points until 2014 sell for 99 a point. I just paid 103 direct from Disney in march for 103 a point
Still comes to 18 cheaper per point(that's with closing cost figured in) and no wait list. Points now are 130.

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Old 06-21-2013, 03:09 PM   #222
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Still comes to 18 cheaper per point(that's with closing cost figured in) and no wait list. Points now are 130.

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Direct would give you 2013 & possibly 2012 points (depending upong when WL filled as this contract was Aug UY) & direct closing costs less (I think around $100 direct vs. $375 resale) Sure, you pay MF but I think those are prorated dependent upon when you receive points. Considering the points provided buying direct & lower closing costs, I still don't really see the savings on this specific contract. I purchased both my small contracts via resale but where are the saving on this contract???
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Old 06-21-2013, 03:17 PM   #223
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Direct would give you 2013 & possibly 2012 points (depending upong when WL filled) & direct closing costs less (I think around $100 direct vs. $375 resale) Sure, you pay MF but I think those are prorated dependent upon when you receive points. Considering the points provided buying direct & lower closing costs, I still don't really see the savings on this specific contract. I purchased both my small contracts via resale but where are the saving on this contract???
We recently (last week) closed on a 50-pt VWL contract at $103 a point, and your figures are about right. We get 2013 points (Feb UY) immediately and, of course, access to 2014 points. Small VWL contracts (and other resorts, as well), are going for a premium.
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Old 06-21-2013, 03:27 PM   #224
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Still comes to 18 cheaper per point(that's with closing cost figured in) and no wait list. Points now are 130.

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That's 113 a point total plus the fact you don't get 2012 or 2013 points since it's an aug contract. So that's 10 a point for each year so your at 133. So finally we all can agree this person made the first resale mistake to save 50 bucks.
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Old 06-21-2013, 03:49 PM   #225
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I wouldnt include 2012 because if you went on a wait list now, you most likely wouldn't close till aug or later.

Anyways I made a profit on every contract I bought this past month and flipped. Who would have thought you could flip dvc timeshares. The all time profits were on my okw contracts, I made over 30 per point

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