Closing on Resale/banking points by March 31st

[Havana]

We are scheduled to close on our resale purchase March 14th.

There will be 150 2010 points that we will need to bank by March 31st, since it is an August use year.

Do you think we have enough time to get in the DVC system to do the banking ourselves? Or would you recommend us asking the seller to do this for us now?

 

[dbs1228]

Ask the seller for sure just to be safe, I think the closer it gets to 3/20 the longer it is going to take to get into the system. We just sold an Aug UY contract and while it was in ROFR I asked if the buyers wanted me to bank the points (wanted to make sure they knew how things worked) and they did want them banked so we had to sign an ammendment to the contract and send it back.

 

[Havana]

Thank you very much! I agree with them getting busier later this month and requested the seller to do the banking.

 

[Sandisw]

Thank you very much! I agree with them getting busier later this month and requested the seller to do the banking.

Just be sure that it doesn't delay your closing. I thought I remember, when I was investigating resale, that any changes that are made from the original offer, need to go back to Disney for approval.

I am sure that your resale broker will let you know if it would, but just don't want to see something happen that stops the process for you.

 

[dbs1228]

Sandisw has a good point call tomorrow, we were in ROFR when I banked the points (still are) and TSS said no problem just had buyer and seller sign the ammendment.