Closing costs on Direct from DVC purchase?

Discussion in 'Purchasing DVC' started by wishicouldgomoreofte, Mar 9, 2013.

  1. wishicouldgomoreofte

    wishicouldgomoreofte Mouseketeer

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    I bought from DVC before they charged closing costs. I think they started charging closing costs 2011?
    Anyway, what do closing costs run?
    Does anyone have the info, Please?
     
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  3. CarolinaBlue

    CarolinaBlue I solemnly swear that I am up to no good<br><font

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    We're looking into purchasing and we just asked that very question. Our guide said $240. We're looking at 160 points. hth
     
  4. gncntry

    gncntry Mouseketeer

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    I was told this week that I should count on paying $98 per 25 points in closingn costs. So a 100 point purchase would be just under $400
     
  5. amandaC

    amandaC Mouseketeer

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    I did a 60 point add on at BCV in October. Closing costs were $66.80
     
  6. marlouwrig

    marlouwrig Mouseketeer

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    We bought a 75 point VGCcontract direct at the end of last year and only paid $20. The total closing cost was $50 but DVC paid $30.

    Looking at other replies this seems quite low. Are VGC closing costs less than those in Florida? When we bought BCV in 2003 we didn't have to pay anything:confused3
     
  7. bakerworld

    bakerworld DIS Veteran

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    Our guide sent the BWV incentive sheet from the recent webinar and along the bottom it's says the closing costs estimates - basically seems line a $1 pp.
     
  8. ltmoko

    ltmoko Earning My Ears

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    We JUST purchased 220 points AKV. We are just waiting on the closing. The closing costs for us were $653.
     
  9. bobbiwoz

    bobbiwoz I'm happy to dance with you!

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    That seems high. Disney was really doing us a favor when they paid the closing costs!
     
  10. cbnsoul

    cbnsoul DIS Veteran

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    That seems VERY high. We just bought 50 points direct and our closing costs were around $100. The impression I get is that the cc don't increase linearly so 200 points would be less than $400.
     
  11. sanibel93

    sanibel93 ALL Ears

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    On a waitlist for 25 OKW points, Guide said the closing costs would be $98.
     
  12. mom_rules

    mom_rules <font color=FF66FF>LOVES the Yachtsmen!<br><font c

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    Would it make a difference if you paid cash vs financed? Probably?

    We paid $128 for 150 OKW pts.
     
  13. DizBub

    DizBub Totally Addicted

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    My guide told me earlier in the week that closing costs on a 40 point contract would be around $100. These numbers seem all over the place.
     
  14. bkny

    bkny Earning My Ears

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    My guide said my 60 pt BCV contact will cost around $140.
     
  15. mom_rules

    mom_rules <font color=FF66FF>LOVES the Yachtsmen!<br><font c

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    And this is the example from the Disney site:
    Membership Example160 Vacation Points Per Year
    Costs are based on a cash purchase of a real estate interest at Disney's Animal Kingdom Villas:


    One-Time Purchase Price:

    $23,200

    Closing Costs:

    Approximately $539.21

    2013 Annual Dues:
    (Dues for future years will vary.)

    and from DVCNEWS in February/11 100 pt add on at BLT was $117 cash purchase and $191 for financed (incl. fees)
     
  16. elfbo

    elfbo DIS Veteran

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    On the paperwork i got from DVC on our tour (Jan 2013) it says at the bottom.
    Closing costs 265$ for cash contract 332$ for financed contract based on a 100 vacation point package.
     
  17. icouldlivethere

    icouldlivethere Mouseketeer

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    I just went on the wait list for 25 BWV points a couple of days ago. I asked my guide what the closing costs would be and he said it would be $98.80.
     
  18. ltmoko

    ltmoko Earning My Ears

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    Taken right off my contract! I didn't like it either!
     

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