$15 per pt extension - why does DVC put burden on owners?

[rsinj]

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[tvwalsh]

In the letter to us it said that we would need to fill out all the necessary paperwork for the transfer of a deed.

 

[GusMan]

Well, if you could sell your OKW 2042 points for $75 per point, and your OKW 2057 points for $90 per point, you would lose $10 for each point that you extended at $25 and break even if you extended at $15. Not that great a deal to me.

I also don't think that OKW 2057 points will sell for any premium over SSR, and SSR doesn't usually sell anywhere near $90/point resale...

Actually, what I meant was... take what you bought into OKW for (not what you can sell it for now), add in the extension costs, and what would your total price price be?

After that, it is all about determining what the resale would go for.

Keep in mind, Im asking because I dont know what the point costs were back when OKW was for sale, and trying to make some sort of comparison for conversation sake.

 

[RobDoc]

In the letter to us it said that we would need to fill out all the necessary paperwork for the transfer of a deed.

You must have gotten a different letter than mine. The one I received was simply a legal notice that there will be a special meeting on September 24. The letter even went on to state that full details of what would happen next would be mailed soon after the 9/24 meeting and to watch for that mailing.

The letter I received noted the resolutions that would be voted upon at the 9/24 meeting, but no details of what members will need to do afterwards.

I think I'll wait until after getting those details before worrying about the "what ifs" - even though I have already decided that an extension will not likely be of interest to us.