Closing costs ?

[horselover]

Been doing lots of research & keeping my eyes open for a good contract. We know we want to stay at AKV & VWL so our thinking is we should get a small contract at each resort. I found a contract today (won't say where or the details because I don't want anyone to snatch it out from under me ) Haven't made the offer yet, but was quoted an app. closing cost of $400. Does that sound about right for a small contract? Does anyone know where they get that # from? Is it based on the purchase price or set fees for certain items (i.e. title search).

Also, opinions would be welcome on our thinking on buying a couple small contracts. Is our thinking flawed? Is it foolish to pay closing costs on a couple of different contracts or should we just buy one big one? I really would like the ability to book at both resorts 11 mos. out. From everything I've read about AKV & VWL at the holidays it seems like a requirement.

Any input is welcome! Thanks.

 

[Deb & Bill]

That sounds about right. You could use the points from one contract during odd years and the points from the other contract during even years. That way you'd get twice the number of points for that contract. For example, if the one contract has 75 points, every second year, you would have 150 points by banking or borrowing.