Buying a DVC Resale

[pentex]

Hi guys,

We are considering buying more OKW points and I assume the only way to do this is through a resale. Has anyone bought a resale and if so, could you tell us how it works and give us advice of a company to use?

Thanks so much!

Joan & Steve

 

[KelNottAt]

We purchased resale from Jackie Apetz at A Timeshare Broker (www.atimeshare.com) in May 2003. She was wonderful and everything went smoothly. At the time, she had a nice inventory of resales, but I haven't checked her site recently.

Good luck.

 

[Carlnne]

I second Jaki- Last year--We picked one from her website and called her, she made an offer to the owner, it was accepted, we put a deposit into escrow and waited for Disneys approval. Disney "stole" it from us. So we just picked another- Jaki recommended one she hadnt posted on her website yet. We did the process over again this time using the same money in escrow transferred to new offer. This time it was accepted by Disney as well. The entire process of both tries took just a few months and we were able to use our points at our new home last summer. Jaki is very knowlegable of Disney buyback practices and trends. Everything was done over the phone and fax--very easy (almost too easy)--my husband refuses to consider Saratoga unless it is a resale!

 

[RobDoc]

We've used <a href="http://www.dvc-resales.com">The Timeshare Store</a> for all three. Pat Spell was our broker.

The Timeshare Store is the sponsor of this board and has been a great resource for many over the years.

Good luck with your purchase!

Enjoy!

 

[pentex]

Bumping...

Can anyone tell me about how much to estimate for closing costs per point?

 

[Ed T]

Here is another vote for Jaki Apetz at A Timeshare Broker. www.atimeshare.com

We enjoyed working with her so much we both twice through her. She is very helpful and low key.

You will enjoy working with her

Good luck

Ed
DVC 1994

 

[CRobin]

Originally posted by pentex
Bumping...

Can anyone tell me about how much to estimate for closing costs per point?

Closing costs are pretty much fixed. Figure around $450 - $500.

The Seller generally pays the Broker's commission, which is more directly related to the value of the sale.

 

[dianeschlicht]

Since you already own points, you could also get on the wait list for add on points from Disney. That would insure you of the same use year.

 

[jekjones1558]

Another vote for

The Timeshare Store

I like to patronize sponsors of this forum, which is such a great site for Disney lovers like me. We had a great experience with Jerry.

 

[ILPHIL]

We also used Pat from TheTimeshare Store.
The process is nerve wracking but she always patiently answered my questions whether via phone or e-mail.
If we decide to do an add-on (yeah right...if) she will be the first person we call.

 

[akalucky1]

We brought several contracts through The Timeshare Store. They were quite nice, efficient and most of all fair. Here is their website:
http://www.dvc-resales.com/

Good Luck!

 

[parrotheadlois]

We just bought 100 BCV points through:
http://dvcbyresale.com (Shontell)

Just to give you an idea of timelines, etc. We made our offer (which was accepted) at the end of November (my letter enclosing the deposit was dated 11/26). We waited about 2 weeks or so for Disney to approve ("ROFR"), which they did, figure that was mid-December. We were advised that closing would be around 1/10, and that we would get documents to sign about a week before (which in fact only came today!). So we signed the documents and sent in our check (today!!)(she says getting more excited ); and (so they say) Disney will send us our packet about a week (or so) after the papers get back to Florida and are filed (or whatever). YAY!!! Our first trip "home" will be in October (Food & Wine time!!).