Can a "new" DVCer get on the waitlist?

[AmyBeth68]

I'd like to buy DVC property, but not SSR. I like SSR....but I like OKW and BWV better. Is it possible to get on the waitlist with DVC for one of these properties as opposed to going thru resale? Just curious. I never even thought to approach our guide with this topic? I just assumed you had to buy SSR if you are just entering into DVC.

 

[jel0511]

You'll never know unless you call..... The worst they could say is no.

 

[tjkraz]

You should be able to buy direct for the sold-out resorts, but just be aware of what it will cost you financially.

Example (ficticious, but based upon current marketplace):

BWV Resale: 200 pts @ $74 = $14,800 for 38 yrs of ownership.

BWV Direct: 200 pts @ $89 = $17,800 for 38 yrs of ownership.

SSR Direct: 200 pts @ $85 = $17,000 for 49 years of ownership.

Given DVC's current pricing scheme, resales are a much better deal at the sold-out properties, even if it takes you a couple of tries to find the one you want. SSR is even a better deal right now, and includes 20% more ownership on the back end of the contract.

 

[RuthnPaul]

Don't forget that there are extra fees that can be incurred when buying resale -- maintenance fees for any current year points and closing costs. Yes, I know everything is negotiable but given the current ROFR climate, I'm not sure I'd ask for too much from the seller.

 

[AmyBeth68]

I was just curious about this...our resale is currently in review. This was more of a "hmmmm, I wonder" question. It just hadn't occured to me. I *may* give it a try if this new contract doesn't work out, but I've still got a week or two to find out. Just trying to keep all my options open.

Thanks for the advice .

 

[littlestar]

On resales pay particular attention to the fact that you may be buying a "stripped" contract. Meaning it may not have any points available until 2006.

We just did a small add-on through Disney and we got 2003 and 2004 points. Every small resale I was looking at was stripped. I value the points at about $10.00 a point (what they usually rent for on the DVC rental board). Also, with a resale the buyer usually pays the closing. This can add around $500 to your purchase. Disney pays the closing when you buy from them.

If you can find a resale that isn't "stripped" you can definitely beat Disney's direct price.