Considering DVC. Help.

[Jazz dude]

Hi,

Thanks for all the info. This may be a dumb question but we are wondering if you can negotiate with dvc on the final closing price?

 

[iheartglaciers]

Hi,
Thanks for all the info. This may be a dumb question but we are wondering if you can negotiate with dvc on the final closing price?

If you’re buying direct from Disney, you can’t negotiate the price (or closing price, although direct closing price is lower than resale).

If you’re buying resale, everything is negotiable as part of the total price. So in addition to your offer per point, you can ask the seller to pay all or part of the closing cost as part of the offer. Also once you have an accepted offer, you can request any title company you want. Some title companies have cheaper closing costs than others, although it can be hard to easily compare.

 

[Ben E N]

Hi,

Thanks for all the info. This may be a dumb question but we are wondering if you can negotiate with dvc on the final closing price?

Unless you are 100% in love with CCV, and not BRV even though it is pretty comparible, I strongly recommend resale. You can negotiate those contracts. Check the ROFR and closing time posts to see what typical contracts are settling for, and check resale sites (Just Google DVC resale) to see what current asking prices are.

 

[pineapplepalms]

I agree that if you're not in love with CCV, it doesn't necessarily make sense to pay higher direct prices for it. We love it and knew we wanted to buy CCV but did not consider BRV for a number of reasons (prefer to be in main building for the holidays, contract twice as long, more modern style, more types of accommodations, immediate access to points). If you love WL but things like that don't matter to you, BRV resale might make more sense. If you prefer another resort entirely, resale is definitely the cheaper way to go (but be prepared for it to take significantly more time).

 

[gharter]

As others have said, do your research. This site has a HUGE amount of information that really helped us when we were deciding.
The 4 biggest questions:
1. Direct or resale. Pros and cons to both. Know them.
2. What resort do you want as your home resort where you can reserve 11 months out. Depending on this answer, it may answer number 1 as Disney is only selling a few direct.
3. How many points do you need. Expect your need to increase. we expected to do the studios most times. After staying in a 1 bedroom, we were hooked.
4. Do you have cash or will you need to finance? In general, financing is not a good option for most people.
Good luck with your decision. we spent the time to learn all we could and have never regretted our decision.

 

[CraigInPA]

Based on their website it looks like it includes the home and the lot. They have some move-in ready ones listed and the only extra cost is a partial furniture package. It would make a fantastic retirement home if you could afford it and love Disney.

The HOA fees for Golden Oak are about $25k per year. You'll pay property taxes in addition to that. A $2M home would be an additional $32k in property taxes. This is not an inexpensive place to retire!

 

[pineapplepalms]

The HOA fees for Golden Oak are about $25k per year. You'll pay property taxes in addition to that. A $2M home would be an additional $32k in property taxes. This is not an inexpensive place to retire!

I know, it's all relative. When you live in an area where you're lucky to get a decent condo or mobile home for under $1 million , $2 million or so for Golden Oak just wasn't as high as I thought it would be. Not that I would necessarily want to retire there. Just was surprised it wasn't more expensive, but I think it makes sense given the local real estate market.