Buy smaller?

[bk1273]

For future resale purposes(if it happened), would i be better off buying smaller contracts? If we.move forward, I would need between 150 to 200 points per year.

 

[rdevans_2000]

Small contracts do tend to sell at higher prices per point.

 

[davidhr]

For future resale purposes(if it happened), would i be better off buying smaller contracts? If we.move forward, I would need between 150 to 200 points per year.

Yes. Two contracts should be good enough. As a new buyer at least one contract needs to be 100 points.

 

[AstroBlasters]

For future resale purposes(if it happened), would i be better off buying smaller contracts? If we.move forward, I would need between 150 to 200 points per year.

Smaller contracts are easier to sell, but they also will cost you more upfront to buy and you have to pay $600-$800 in closing costs for each contract.

 

[bk1273]

Smaller contracts are easier to sell, but they also will cost you more upfront to buy and you have to pay $600-$800 in closing costs for each contract.

Good point

 

[Chili327]

Small contracts do tend to sell at higher prices per point.

Yea and sell faster.

Yes. Two contracts should be good enough. As a new buyer at least one contract needs to be 100 points.

Only if you’re buying direct.

 

[davidhr]

Only if you’re buying direct.

Correct. For some reason I assumed OP was saying direct.

 

[AstroBlasters]

Correct. For some reason I assumed OP was saying direct.

I think on certain resorts you might as well go direct if you are getting a very small contract.

No title insurance needed, points load instantly, often include last year’s points, UY matching, 6m 0% with Disney Visa, etc.

Of course, that only applies to current members.

 

[bk1273]

I think on certain resorts you might as well go direct if you are getting a very small contract.

No title insurance needed, points load instantly, often include last year’s points, UY matching, 6m 0% with Disney Visa, etc.

Of course, that only applies to current members.

Was leaning towards BLT if that matters and would pay in full.

 

[CastAStone]

I wouldn’t bother if you’re looking at 150 points, but at 200 it might make sense.

OTOH if you think you’re highly likely to sell someday I would question whether you’re the right buyer for a timeshare.

 

[bk1273]

I know. Just figure it would be in my 80s by the time the contract ends so just another data point in my analysis.

 

[CastAStone]

Yes. My contract expiring when I’m in my early 70s is a feature not a bug.

 

[disneylandtour]

Contracts under 50 are not the easiest to sell, due to closing costs. In terms of maximizing point price and desirability in resale contracts, I'd say 70 to 100 is optimal.

 

[byurick]

Contracts under 50 are not the easiest to sell, due to closing costs. In terms of maximizing point price and desirability in resale contracts, I'd say 70 to 100 is optimal.

Really? It's anecdotal but I use dvcforless.com to favorite small contracts for some of the resorts I want (BLT/BCV/BRV) and with the exception of a few they all seem to get sold pretty quickly. My list is constantly churning over.

 

[AstroBlasters]

Was leaning towards BLT if that matters and would pay in full.

BLT resale is a fantastic deal right now. Low dues, about to get a refurb, desirable location, next to a park that is about to get a ton of money spent on it for new attractions and lands.

 

[jcolvin5]

Really? It's anecdotal but I use dvcforless.com to favorite small contracts for some of the resorts I want (BLT/BCV/BRV) and with the exception of a few they all seem to get sold pretty quickly. My list is constantly churning over.

I notice the same. 50 points and it's gone almost immediately. Made a handful of offers last week and they all sold for asking price. IRMV

 

[bk1273]

Contracts under 50 are not the easiest to sell, due to closing costs. In terms of maximizing point price and desirability in resale contracts, I'd say 70 to 100 is optimal.

Thank you

 

[disneylandtour]

BLT resale is a fantastic deal right now. Low dues, about to get a refurb, desirable location, next to a park that is about to get a ton of money spent on it for new attractions and lands.

100% agree with this!!!

 

[eticketplease]

Yes the smaller point contracts sell faster and for more but if you are thinking you need 150-200 points I would just grab that if you can. It will be a lot easier to plan your trip and actually determine if you do like the product or not. If you have to sell you will still most likely spend less than if you had just rented the room through Disney.

People always say they wish they had bought more points when they first purchased...

 

[VGCgroupie]

150 points I wouldn’t say to split. 200 maybe if the price and contract is right . Remember if buying resale when buy a 50 point contract you are around $600 in closing costs w/o title insurance. That’s $12 per point. If you buy from Fidelity you add $250 which is $5 per point. Of course the closing costs and other fees are negotiable. I recently bought a 50 point at a price per point I wanted but I did not pay closing costs. Basically closing costs add a lot to the overall price so be sure to factor that in your calculations.