Discussion in 'Purchasing DVC' started by mac_tlc, Sep 21, 2012.
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Way to go, Bobbi!
Just realised I don't think I put my contract details on here.
SSR March UY. 150pts. Stripped with 150pts coming March 2014. $58 buyer pays closing.
Passed on day 26.
We agreed on a price March 11, and I believe that it was sent on the 13th of March.
Thank you everyone.
This is also a special purchase because a DUnc had passed and we have used some of his legacy for this purchase. He was 88, and enjoyed going to WDW. (We've saved $ for MF's for a few years to come as well!) He would stay at the GF, so it was a decision we had to make, which one, GF, or BLT, and I do think we made the right one.
Congratulations, SSR neighbor!
BWV, $69, 100 points, April. 26 banked 2012 points and all forward.
 Day 26. Stick a fork in the BWV bad news run.
I'm really happy for you!!!
Thanks! I think this bodes well for you too!
Congrats!! Finally some really good BWV news!! Hope this indicates that the tide has changed!!
Saw this on the other forum, congratulations
Passed!! Just heard back from Fidelity in the last 10 minutes.
To be upfront, I never really participate in board discussions. As you can see, I am long winded. So no big loss for most!
However, this board has been so helpful I felt obligated to provide what little data I have on any of these subjects as a "pay it forward" for all the great data others have provided here!
We are new to DVC. We have an accepted agreement for an existing contract at BLT:
- BLT 300 PTs Feb UY (308 pts current, 300 more coming in 2/2014)
- We offered $90 - we pay closing - we are also paying current 2013 dues
It is being submitted to Disney this week for ROFR.
After some reflection, we decided not to be too aggressive with our offer (at least I hope the seller & Disney feel that way!). I just wanted to get this done and lock in our first batch of points. I was not trying to get the deal of the century! In my life, I never bought at the bottom - just not that resourceful! (however, I am pretty sure I sold at the bottom - or perhaps created the bottom - several times ). I have no idea what a banana has to do with that statement... but I just liked it. Again, not a regular post guy.
It was interesting to read / see how in 2011 the points for BLT dropped all the way to $60. It then bounced around $60 - $70. It appears to have climbed back to $85 - $100 on the resale market depending on various factors right now.
As a potential future owner, frankly, I would be happy to think a timeshare would "bottom out" at around $60 per point. I think that is still crazy good for a bottom during a very tough economic time for a timeshare. I know it must hurt if you never saw it coming, but honestly, for us, it made it easier to offer $90. You feel like "ok, you see what it is like when it gets bad and that is not that bad for a timeshare. In fact, it is *very* good compared to almost anything else.".
I hope all the current owners feel ok with their purchase. It looks like some of the early deals had some people buying direct in the low 90's to the low 100's after various discounts. I would jump at that now to buy direct (direct would be my natural way of doing it!). However, at $150 - $165, resale at $90 was just too tempting.
Frankly, if you purchased at $130 - $160... in a few years not even you will care. This is about just having great vacations. Getting a "great deal", IMO, is very short lived when it comes to lasting happiness. However, memories from your vacations will last a lifetime so I would personally stay focused on that. I know our prior 7 visits to the parks is what I remember most. I have no idea what we paid anymore! At the time, I am sure it was more then we could afford Again, with the banana, I just love it.
In the end, we are excited! We can't wait to plan our trips.
Sorry for my long post. Again, that is probably another reason why I should not post on boards! (just in case you did not catch the first banana or two...)
I think you have a great attitude and congratulate you on your purchase. I am sure that you will enjoy many years of vacations with your new purchase!
Great news to you all who passed! Now if I could only get my contract to sign for our BWV so it can actually be sent to Disney!
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