Couple of Questions, Please.

[AlwaysEeyore]

We are in the process of buying a resale. We are looking for 100-120 points at Saratoga Springs or Boardwalk. We originally wanted Saratoga Springs for the longer contract but we are not crazy about the resort, so we decided to look for Boardwalk since we like that resort. We plan to add 100 points at AKV once we are DVC members.

1. Is this a good idea?
2. At 7 months out can we use all our points to book at a different resort?
3. If a unit has the following "70 points coming on 6/1/07 (12 + 58 borrowed from 2008), 42 points coming on 6/1/08" can we bank the points from 2007 or do they have to be used before 6/1/08 becuase they are borrowed?

Thanks!

 

[Boston5602]

We are in the process of buying a resale. We are looking for 100-120 points at Saratoga Springs or Boardwalk. We originally wanted Saratoga Springs for the longer contract but we are not crazy about the resort, so we decided to look for Boardwalk since we like that resort. We plan to add 100 points at AKV once we are DVC members.

1. Is this a good idea?

If this works for your family , sure.

2. At 7 months out can we use all our points to book at a different resort?

YES
You can only use home resort booking windows with home resort points.
So booking at 7 months at any resort with any points would work.

3. If a unit has the following "70 points coming on 6/1/07 (12 + 58 borrowed from 2008), 42 points coming on 6/1/08" can we bank the points from 2007 or do they have to be used before 6/1/08 becuase they are borrowed?

Thanks!

You could bank 12 points which are not borrowed , according to banking guidelines.

Once points are borrowed or banked they stay in that U/Y .

 

[CarolMN]

...(snip)......3. If a unit has the following "70 points coming on 6/1/07 (12 + 58 borrowed from 2008), 42 points coming on 6/1/08" can we bank the points from 2007 or do they have to be used before 6/1/08 becuase they are borrowed?

Thanks!

Just my opinion, but I don't think this is a very good contract - especially if it's going to be your first one. It won't be until the 2009 use year that you'd get a full complement of 100 points.

If it were me, I'd keep looking! Bound to find something better.

Good luck!

 

[Deb & Bill]

I agree with CarolMN. This contract is pretty stripped and you won't really get much use out of it until 2009. I'd keep looking for something better. Contact the resale company and tell them you are looking for small point contracts. Lots of the smaller point contracts don't make it to the websites.

 

[AlwaysEeyore]

Thanks for the replies. We don't want that contract I was just using it as an example. I'm hoping for at least 100 points available this year to bank for use next year. I just wasn't sure if borrowed points could be banked. We are planning our first trip home for 12/08 with the MIL.

Thanks again, you are all so helpful.