Possible DVC purchase

Discussion in 'Purchasing DVC' started by mom24kids, Jan 26, 2001.

  1. mom24kids

    mom24kids Earning My Ears

    Joined:
    Jan 26, 2001
    Messages:
    3
    Thank you so much for the wonderful service this board provides to those of us considering a DVC purchase. My family and I will be traveling the last week in Feb. and will be staying at BWV in a 2 bedroom. We will be 4 adults, 4 children and an infant. While we won't always travel in that size group, the infant will grow out of the crib, and we would like to keep the family together. I am wondering if the Wilderness Lodge would be a wise purchase because they do not have any grand villas. How difficult are these villas to book? Do you need the 11 month home resort window? I would prefer to wait and purchase at the Beach Club, but then we would lose the money this trip would put towards our purchase. Anyone done a purchase this quickly with an existing reservation? Is resale on this short notice possible? Thanks in advance for all your help.
     
  2. Avatar

    DIS Sponsor The Official Ticket Center is Orlando’s #1 discount attraction ticket agency, selling millions of Walt Disney tickets around the world.



    to hide this adverts.
  3. TnRobin

    TnRobin <font color=red>My body may be back in Nashville, Moderator

    Joined:
    Aug 18, 1998
    Messages:
    6,336
    Hi mom24kids and Welcome to the DVC Board.

    I will try to answer a few questions. First, you will not be able to close before the end of Febuary this year. If you purchase from DVC, they do not begin the process of clsoing until you have had 30 days to reconsider your purchase and then closing usually takes at least 30 days even on resales.


    To reserve a grand villa, you will almost always need to book at the 11 month mark. There are only a few of these and they do book fast. I have seen a few grand villas go within in the 7 month mark, but these are usually during the slowest seasons, aka January.

    As for waiting on BCV because WLV di not have GV, I do not believe that BCV is going to have GV either, thus if you want your home resort to have a GV, you will need to buy a resale at OKW or BWV.

    [​IMG]


    Disney Vacation Club Board Co-Moderator
    DVC and Cruise Chat Hostess
    Cruise Board List Mistress

    <font size=4 color=blue font face="Comic Sans MS">Robin

     
  4. mom24kids

    mom24kids Earning My Ears

    Joined:
    Jan 26, 2001
    Messages:
    3
    Thanks TNROBIN! Sorry to load you up with questions. It was late and I was a little overwhelmed plowing through the boards for answers. The information is disappointing as Disney led me to believe they could do a quick sale. I will have to call them today. Thanks again. If we purchase I know I'll be back.
     
  5. drusba

    drusba <a href="http://www.wdwinfo.com/dis-sponsor/index.

    Joined:
    Aug 19, 1999
    Messages:
    9,429
    Note, Disney can do a quick sale; not possible with a resale. With Disney you do not need to close to be able to make a ressie. In other words, you will be able to make a ressie as soon as you have signed all the paperwork, paid your down payment, and Disney has approved the sale (if you called today, those steps could all be completed in about 12 days. With a resale you must wait until after closing to make a ressie. Also note that the old 30 day grace period for backing out of the sale with Disney is now only 15 days.

    The real issue is whether you will be able to switch your current ressie to a points ressie if you buy through Disney. Often, that can be arranged by the sales rep but the process is a cancellation of the old cash ressie and making a new DVC ressie. Usually you need to do that before you reach a point that the cash ressie becomes subject to any penalties for cancellation, i.e., DVC might not be able to get you out of those penalties.If you want to make the switch make that ultimately clear to your sales rep when purchasing and get some kind of assurance the change can be made.

    Like VWL, BCV will have no Grand Villas. The stated occupancey for a 2 bedroom is 8 plus a child under 3 in a crib. Thus, when you reach 9 as the infant ages, the 2BR might not be enough. GV's at BW and OKW are very difficult to get without the 11 month window
     
  6. TnRobin

    TnRobin <font color=red>My body may be back in Nashville, Moderator

    Joined:
    Aug 18, 1998
    Messages:
    6,336
    Thanks for the update on the back out period drusba.

    I didn't know about the quick sale. We weren't in a hurry, so I guess our guide didn't mention it to us.

    [​IMG]


    Disney Vacation Club Board Co-Moderator
    DVC and Cruise Chat Hostess
    Cruise Board List Mistress

    <font size=4 color=blue font face="Comic Sans MS">Robin

     
  7. Towncrier

    Towncrier DIS Veteran

    Joined:
    Aug 23, 1999
    Messages:
    10,309
    We did the quick sale thing in reverse. We purchased DVC sight unseen in 1995 3 weeks prior to our trip. We understood that, if we backed out of the deal, we would have to pay cash for the rooms at Old Key West and for the LOS passes that were (at that time) included with the room. That would have amounted to quite a bit of money. Needless to say, we remained members.
     
  8. Lesley

    Lesley DIS Veteran

    Joined:
    Aug 23, 1999
    Messages:
    2,858
    Just another personal story about the whole "quick sale" thing....we were told we could make ressies as soon as we signed the papers, and like was mentioned before if we decided to back out the cash price of the stay would be deducted from our refund (paid cash up front)...our closing didn't happen for over a month after this.

    It seems like you'll need to make a quick decision as to whether you want WLV and to get this stay on points (I think I've heard that they will make this happen if you insist on it as a condition of sale) or if you want to look for a resale at a property that has GV.

    Good luck!


    Lesley


    1979 Contemporary
    1992 Off-site
    1994 Carribean Beach
    1999 Fort Wilderness and Coronado Springs
    2000 Polynesian and Old Key West
    2002 Boardwalk Villas
     
  9. mom24kids

    mom24kids Earning My Ears

    Joined:
    Jan 26, 2001
    Messages:
    3
    Thanks for all the assistance. We purchased at the WLV. They were able to do a quick conversion of our paid reservation. It was a little complicated, but our sales rep. and member services were wonderful. Anyone considering this should make sure they have a room reservation only, no packages or insurance. We also were paying full price with no discount. It was time consuming, but we are very happy new members. Thanks all for your input!
     
  10. WebmasterDoc

    WebmasterDoc Administrator Administrator

    Joined:
    Aug 14, 1998
    Messages:
    31,837
    <marquee> WELCOME HOME!! </marquee>

    Glad you were able to convert your reservation. Direct purchases do allow immediate access to making reservations (no borrowing however) and vacation guides are particularly "magical" when it comes to providing assitance. Glad your's came through for you! Enjoy!

    Doc
    doc@wdwinfo.com
     
  11. Doctor P

    Doctor P <font color=navy><font color=navy>Chocolate covere

    Joined:
    Jan 24, 2000
    Messages:
    6,549
    Wow! Great news! Welcome home. Glad everything worked out for you.

    [​IMG]
     
  12. wdwnut

    wdwnut DIS Veteran

    Joined:
    Jan 12, 2000
    Messages:
    1,795
    hi and welcome home! i think you'll like the vwl although they are smaller than okw. okw has the most gvs, so you may have a chance at the 7 month mark unless you are going during the peak seasons.
     
  13. dianeschlicht

    dianeschlicht <font color=blue>DVC-Trivia Contest, Apr-2006: Hon

    Joined:
    Nov 22, 2000
    Messages:
    36,450
    Welcome Home!! What a nice vacation future for your large family! FYI, if you can't get a GV at the 7 month window, try for a 2 BR plus studio.

    Disneydiane
     
  14. Love Tigger

    Love Tigger DVC Member - BWV, SSR

    Joined:
    Apr 29, 2000
    Messages:
    248
    Congrats & Welcome Home!!! I'm glad everything worked out for you.

    Tammy
    [​IMG] [​IMG]
     

Share This Page