Can you go on a waitlist for your initial purchase?

[windi622]

From all the posts, I realize it is possible to be waitlisted for "sold out" resort if you are doing an add on. But, say you wanted to buy in at a sold out resort, and you didn't want to buy resale. Does Disney do waitlists for initial purchases?? If so, do you think it would take forever to come up with, say, 300 points at VWL- for example?? Thanks for your help!!!!

 

[Granny]

I believe you can waitlist with Disney for a sold out resort as a first purchase.

But often it isn't necessary because they don't have to match you to a specific use year. Since a new owner can accept any use year, it makes it easier to find points to sell to them.

I'd say your chances of getting the VWL points are pretty good.

My only advice, which I learned after I bought, would be to break up the purchase into two or three contracts. For instance, buy a 160 point contract and an add-on of 140 points. Or 160-40-50-50. That way, if you ever decide you need to sell some of your points you won't have to sell all of them. It also allows people to give points to multiple heirs if they like. You can buy them all at the same time but tell the Guide you'd like to structure them accordingly.

Good luck with your purchase decision!

 

[windi622]

Granny, you're fantastic!! Let me pick your brain one more time...if, of course, you don't mind. What do you say the chances of buying in 300 points at BWV??

 

[Mtnman44]

You have a very good chance if you are willing for any UY. Your main hurdle will be getting past a guide that wants you to buy the active properties at SSR and AKV. If you are looking for a very nice, accomodating, non-pushy guide, I have one to suggest to you. PM me.

Getting a large contract spilt up is excellent advice also. Not only does it give you more options and flexibility, an added bonus is that the smaller contracts seem to maintain a slightly higher $ per point market value vs. the larger ones!

 

[LisaS]

Granny, you're fantastic!! Let me pick your brain one more time...if, of course, you don't mind. What do you say the chances of buying in 300 points at BWV??

First of all, yes, Granny is fantastic. Regarding BWV, as recently as this past month DVC notified some BWV owners (those with a particular Use Year) that they had 1000 points available in that UY. Now I believe that particular set of points have all been sold but I mention it because it shows you that there are times when DVC has a lot of points available even at BWV.

If they don't have 300 points available at your preferred resort when you call but they have at least the minimum 160 points you need to purchase to join DVC directly through Disney, you can buy those and then be put on the waiting list for the additional 140 that you want.

 

[castleri]

From all the posts, I realize it is possible to be waitlisted for "sold out" resort if you are doing an add on. But, say you wanted to buy in at a sold out resort, and you didn't want to buy resale. Does Disney do waitlists for initial purchases?? If so, do you think it would take forever to come up with, say, 300 points at VWL- for example?? Thanks for your help!!!!

I spoke with my guide yesterday the third and she told me she currently had VWL points available for purchase. We were discussing the fact that some people have reasons for only wanting certain resorts and that being a reasonable reason for purchasing a sold out resort rather than one of the ones with a longer contract period. She did not say how many but if you could get the initial buy in amount you could then waitlist for the rest and the advice given by many is to buy a minimum contract and then add on with another in case you ever need to sell some of your points. You cannot break up a contract so if you had 300 points in one contract you would have to wait for a buyer looking for that size contract. They are much harder to find than one looking for the smaller ones. I would do the 160 point one and then add on either another 140 or 2 70 point ones. That way you have some flexablity if your financial situation ever changes for the worse.
edit:
Didn't see Granny's answer so excuse the repetition about smaller contracts please.