Bought in at SSR!!!!!!!

[puffkin]

Just returned from our FABULOUS honeymoon trip. I had been researching DVC before the trip and thought it would be a great way to use our wedding money. Anyway, we took the tour and decided to put the $500 down right there so that we would qualify for Magical Beginnings and the lower interest rate. We weren't sure what our finances would be so I didn't get my hopes up too much. Well, we got home on Saturday and opened all our cards from the wedding on Sunday, and we got more than I thought and we will definitely be able to put down the amount I had determined would be the minimum we would need to be able to afford it. I am so excited. Tonight I will be busy filling out all the paperwork. I can't wait until it is official!

If any one has any questions about what we were offered and about Saratoga Springs or the new sales center, just ask.

P.S. Our guide was Marc and he said that there would probably be an announcement by the end of the year on the next DVC property. I thought this was very interesting since SSR isn't even close to being finished but it does add some fuel to those Contemporary garden wing rumors!

 

[Credit Man]

Congratulations and Welcome Home!!!

 

[ralphd]

Congratulations and welcome home!!!!!!!

ralphd

 

[spiceycat]

Welcome Home and Congratulations!!!!

by the end of this year - boy that is soon - this is not just the third phase of SSR right - we are talking another DVC resort????

boy that does sound like it could be the Contemporary!!!!

talk about selling out before it evens opens......

 

[puffkin]

I was asking him about Phase III when he said about "another DVC property will be announced soon, hopefully by the end of the year". I immediately thought of the Contemporary, but didn't want to push any further.

 

[poohj80]

Thanks for the info and Welcome Home!

Might it be possible there could be a non-WDW DVC resort in the future? I'd love to have one near DL!

 

[CarolMN]

Congratulations and welcome home!

I think your guide was most likely talking about resuming work on Eagle Pines (previously announced DVC resort), but I wouldn't mind at all if this rumor about the Contemporary turned out to be true!

Best wishes -

 

[bobbiwoz]

Welcome Home, Newlyweds!

Bobbi

 

[tinkgrl]

Hi,

Welcome home!!

Allison an associate

 

[Poohs Pal]

Puffkin: My guide is also Marc, he is great to work with. Could you tell me what incentive they are currently offering to new buyers. Have family that may be interested. Thanks Susan

 

[MJTinNH]

Congratulations & Welcome Home!

 

[jbwolffiv]

Congrats and Welcome Home!!!!!!!!

 

[ceejay13]

Congratulations and Welcome Home!

 

[TinksDH]

Congrats and Welcome Home!

 

[jomik1]

Congratulations and Welcome Home!

 

[puffkin]

Poohs Pal-

If you put down $500 within 3 days of your tour, they offer you the VIP interest rate (Around 9.75%) and $10 a point discount if you sell back your first years points (150 x $10 = $1500 credit).

We bought a June use year, so we sold back the 2004 points since we won't be going back until 2005 anyway and took the $1500 credit. Plus, we financed through Disney so the lower interest rate helped a little. You could opt out of the whole thing for a few weeks and still get your $500 back, so even if you are still unsure, I would put the money down and qualify for the offers until you can make a final decision.

 

[poohj80]

9.75% interest is still pretty high compared to even some credit card interest rates right now so check into balance transfer offers or using a home equity line of credit to cut that rate at least in half.

 

[puffkin]

poohj80-

Good point for people who can take advantage of that. Credit cards were not an option for us since we needed a longer term than a year or two (plus the interest on the Disney loan is tax deductible). Also, we don't have a lot of equity in our home yet since we just purchased it. The Disney financing worked out the best for us because it was easy, had no fees, tax deductible, offered longer terms, won't show up on our credit report, and there is no prepayment penalty. We financed for 10 years (for the lower monthly payments), but hope to have it paid off in 4-5 years. I am an accountant, so it kills me to pay an interest rate like that, but it actually made sense for us in the long run.

 

[poohj80]

We put ours on our Disney Visa to get the Disney Rewards dollars then transferred the balance to another card that had sent us an offer of 1.99% interest until the transferred balance was paid off. We too hope to get it paid off faster than 10 years and the lower interest rate should help that.

PJ

 

[bartty]

Congratulations!!!!! Welcome home!