Purchasing a stripped resale?

Discussion in 'Purchasing DVC' started by christianweecare, Oct 18, 2013.

  1. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    With 2 home resorts you can alternate every other year and borrow to double your points for the stay while booking at 11 months.

    :earsboy: Bill
     
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  3. christianweecare

    christianweecare DIS Veteran

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    That's what we have in mind.
     
  4. Deb & Bill

    Deb & Bill DVC-Trivia Contest, Apr-2006: Honorable Mention

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    Are you including the dues for those points in the $10 a point? I'd just go for the owner paying the dues on all the missing points and maybe a $1 or $2 for the missing points. Otherwise, you are valuing the points at $500 a point ($10 per year of the contract) which is absurd.
     
  5. belias21

    belias21 DIS Dad's Club Member #717

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    OK, I need help understanding something here. I think it is fundamentally correct to assume that one could offer $5-$10 less pp for a stripped contract. How does that play in to the ROFR process though? Does Disney factor that in too?

    Back when I bought my contract, I paid $58pp. Although we all know it's not an exact science, DVD was exercising ROFR seemingly around the $55pp range. If I had offered $53 or less because it was stripped, even though the seller may have accepted, it probably would have gotten snagged, no?
     
  6. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    Disney takes available points into consideration when they look at ROFR.

    :earsboy: Bill
     
  7. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    I use $5 a point for dues and an additional $5 pp as rental return as a round number. I do this partly to make it simple and partly because one can often rent out points for a resort you don't own at. Also, often the home resort window doesn't come into play for points gained in a purchase that one plans to rent out. Certainly there's some variation on return from one resort to another, one unit type/view/season to another. The dues will vary a little as well. If one wants to further micromanage this issue, it can be done relatively easily. It's also possible to get more than $10 a point in many situation, upwards of $13 a point total (including dues) is sometimes workable. I'm comfortable with the $10 a point and feel it's a good representation for points not overly restricted. I'd use a much lower number of banked and/or very restricted points. I wouldn't pay any dues on them and would value them at much less than other points, how much less would depend on specifics.
     

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