Crazy to buy in now?

[Mom B]

I feel like I'm the one who always comes up with the dumb questions on here, but here goes....I was on the verge of signing a contract at Vero when Frances hit. Should I run the other way or is this just as good a time to buy as any? Are the risks too great, and I should just wait? Or should I figure, if it's a fair deal and it's what I want, go with it and in the long run it will work out okay. With Ivan on the way, who knows, the risks may be about the same with any of the DVC resorts? And over the next 38 years, will it make any difference over time?

 

[pumpkinboy]

Originally posted by Mom B
... Should I run the other way or is this just as good a time to buy as any? Are the risks too great, and I should just wait? Or should I figure, if it's a fair deal and it's what I want, go with it and in the long run it will work out okay. ...

I'd go with the bolded section of the quote: if it's a fair deal and it's what you want, you should just go with it. Hurricanes happen in Florida, and they have for millenia before now. It's one of the risks you take buying anything the Florida. The hurricanes aren't going to get any better or worse in the remaining 38 years of the leasehold, so once again: if it's a fair deal and it's what you want, you should just go with it.

Good luck, and enjoy VB and DVC!

 

[Happy Birthday Cat]

Try not to let weather related events of the past month or so change your long term plan. As you stated "if it's a fir deal and what I want" then it is probably right for you.

Not that the two events come close but we bought a contract a few months after 9/11 and it was difficult to do. But as we look back now, we are glad we did.

HBC