dad thinking of selling

[MMcCarthy]

my DM passed away recently and DF is talking about selling his DVC membership to us for the same per point that he paid back in 1998. I know DVC has the right to refuse if the price is too low. do they consider sales from family members? I am thinking about asking DF to keep his membership and we would pay him over several years and also pay the maintenance fees. we currently are members at Vero and his membership is BW. I am hoping he will not just "get rid" of his membership. he told me and my siblings that "DVC was mom's thing. I really don't think I can go back". we have taken one vacation with the whole family--all 21 of us. I am hoping he will consider doing it again since he has added a couple grandkids since we did it.

we recently returned from WDW and I must say we had the best visit ever eventhough it was extremely hot and humid. I felt as though my DM was everywhere. the last vacation I took with DM was a Disney Cruise. it was a wonderful trip and now will have even more meaning to myself and my family. my DF was not able to go & I think that is really bothering him now. he and mom did get to go on the members's cruise in Oct. they had such a wonderful time.

I know I am rambling but it really feels good. it was my 2nd day back to work since getting back from WDW and only my 4th since mom's death. yesterday was the 1st time I have been alone since her death.

thanks for letting me ramble.

 

[ChelleinNC]

I'm very sorry for your loss I hope that you can get your DF to wait a little while before he makes any decisions that he might regret later.
And don't worry about rambling, I'm sure you'll find your "dis" family very supportive.

 

[Mickey'sApprentice]

Dear MMcCarthy:

I am sorry to hear about the loss of your Mom. I know that your whole family must be devastated. I know that the loss of my Mom has personally been the hardest thing that our family has ever gone through, and that's an understatement.

Your Dad is going through a lot right now. Disney/DVC were very important to your Mom and probably brings back very painful memories. This would be especially true if she used DVC to bring the family together.

My Dad personally called Better Homes & Gardens and begged them to quit sending the magazines. The CSR gave him flap over a credit, and Dad nearly screamed that he didn't want the credit, he just wanted them to stop sending the magazine. He knew that was one of the tools Mom used to make a happy home.

With that said...you may want to ask your Dad to hold off for a few months, and remind him that the whole family loved the time at Disney, and that you want to keep DVC because it reminds you of her.

I think DVC does things a little differently between families, and hopefully others will post. You should also explain that through the resale market, he can $80/point instead of $55/point, and that thousands of people go through TSS.

I wish your family the best.

 

[GoofysGr8]

I'm sorry to hear you lost your mom recently, my condolences to you and your family. My mom died a few years ago, and I miss her....but I now cherish the things she held dear to her heart. I hope your family has some time to heal before making any changes.

As for the DVC--I suggest you look into adding your name to the deed as an alternative to traditional selling of the contract. IMO, keep all of the siblings informed and make sure you draw up a contract between you and your father. Decide between yourselves when to add you to the deed--but in the meantime he can add you as an associate owner. This can be done online or by phone and there is no fee for this. As an associate, you can make reservations, etc, but can't sell the contract. Once you have the funds saved/paid for the contract, just have the names on the deed changed--which is not free since there will be legal paperwork generated. I have no idea what the fees are, but I assume they are similar to closing costs.

Another thought....since your Mom passed away, DVC may have some sort of provision or allowance for adding another name to the contract with a minimal fee. This still generates legal paperwork, so there will still be legal fees. Either way, at the least, generate signed paperwork between yourselves and inform/include your siblings.

Dad may, in time, look at the family gatherings as something he remembers with fondness---and may try to bank points to have family "reunions" as a legacy to Mom...

Again, my opinion, but I'd hold on decisions until the wounds heal somewhat.
Goof

 

[RobDoc]

DVC has usually allowed membership to gifted to children and other close family members. If your DF truly wants to get rid of his contract I think you will be able to do something like you outlined.

You will still need to submit the transaction to ROFR, but my understanding is that DVC will usually rubber stamp such arrangements.

Sorry for your loss.

 

[Deb & Bill]

Contact DVC on behalf of your father. You'll need the member number and last four SSN. See what they say about transferring it to family members.

 

[Disney Pappy]

Dear MMcCarthy:

I am sorry to hear about the loss of your Mom. I know that your whole family must be devastated. I know that the loss of my Mom has personally been the hardest thing that our family has ever gone through, and that's an understatement.

Your Dad is going through a lot right now. Disney/DVC were very important to your Mom and probably brings back very painful memories. This would be especially true if she used DVC to bring the family together.

My Dad personally called Better Homes & Gardens and begged them to quit sending the magazines. The CSR gave him flap over a credit, and Dad nearly screamed that he didn't want the credit, he just wanted them to stop sending the magazine. He knew that was one of the tools Mom used to make a happy home.

With that said...you may want to ask your Dad to hold off for a few months, and remind him that the whole family loved the time at Disney, and that you want to keep DVC because it reminds you of her.

I think DVC does things a little differently between families, and hopefully others will post. You should also explain that through the resale market, he can $80/point instead of $55/point, and that thousands of people go through TSS.

I wish your family the best.

Our sincere condolences to MMcCarthy & family. Please allow some time to pass before making any permanent decisions. Perhaps your DF will feel differently after a short time.

On another note, what is a associate Member? Can an assoc. Member get the annual pass discount if there address differs from the original contract? Would the assoc member get the blue member's card?

 

[Disney Pappy]

I'm sorry to hear you lost your mom recently, my condolences to you and your family. My mom died a few years ago, and I miss her....but I now cherish the things she held dear to her heart. I hope your family has some time to heal before making any changes.

As for the DVC--I suggest you look into adding your name to the deed as an alternative to traditional selling of the contract. IMO, keep all of the siblings informed and make sure you draw up a contract between you and your father. Decide between yourselves when to add you to the deed--but in the meantime he can add you as an associate owner. This can be done online or by phone and there is no fee for this. As an associate, you can make reservations, etc, but can't sell the contract. Once you have the funds saved/paid for the contract, just have the names on the deed changed--which is not free since there will be legal paperwork generated. I have no idea what the fees are, but I assume they are similar to closing costs.

Another thought....since your Mom passed away, DVC may have some sort of provision or allowance for adding another name to the contract with a minimal fee. This still generates legal paperwork, so there will still be legal fees. Either way, at the least, generate signed paperwork between yourselves and inform/include your siblings.

Dad may, in time, look at the family gatherings as something he remembers with fondness---and may try to bank points to have family "reunions" as a legacy to Mom...

Again, my opinion, but I'd hold on decisions until the wounds heal somewhat.
Goof

OOPS. I quoted the wrong message in my previous reply>

 

[javamom]

Sorry to hear of your loss. My Mother is still with us, but we lost my Grandmother decades ago. It was like losing the glue that held our family together. I still miss her.

Hopefully, your Dad will not make any hasty decisions. Ulitmately, I hope that he does what is best for him, and those that he loves.

 

[RobDoc]

Our sincere condolences to MMcCarthy & family. Please allow some time to pass before making any permanent decisions. Perhaps your DF will feel differently after a short time.

On another note, what is a associate Member? Can an assoc. Member get the annual pass discount if there address differs from the original contract? Would the assoc member get the blue member's card?

Associate members have the ability to make reservations, but are not entitled to other member perks like the AP discount. They would get any benefits granted to guests during a stay, but would not have the blue membership card needed for some of the perks.

 

[Muushka]

Hugs to you during this difficult time. And to your dad too. I hope that in time, it will all work out.

 

[DISDREAMIN2]

My deepest sympathies to you and your family. Ask Dad to wait a little while even if it is painful. He may want to visit again with the family when the pain is not so fresh.

 

[Mtnman44]

this is a non issue. Draw up a purchase contract with a sales price guaranteed to pass ROFR. When time comes to close, your dad can just accept "less". Or he can accept the full purchase price, then give you some $ back...

 

[skelooch]

I'm sorry for your loss. I lost my wife a little over 5 years ago so I know what your father is going through. We were not DVC members, but it was because of her that I became a member.
She had always wanted to get a place in the Orlando area so that we could take the Grandchildren to WDW whenever we wanted to.
We have two sons, one has two girls and the other has three girls. A few months after her death I found out about DVC and knew right away it was the perfect gift for her to leave to her Granddaughters.
My sons are associate members right now but I will transfer the ownership to them one day.
I did a "Leave A Legacy" in rememberance of her with her Granddaughter's names on it, and every time we visit WDW we stop at it and we know that she is with us in spirit. Going to WDW is now a celebration of her life, and I know it will be for a lond time to come for our Granddaughters, I'm sure they will always think of her whenever they are there.
I hope that your father re-considers selling and realizes that keeping it can be a very positive thing for himself and the rest of the family. It has been for our family.

 

[buzz5985]

I am so very sorry for your loss.

My Mother passed away suddenly 3 years ago August 6. My parents spent every month of March in Marco Island. Right after she died my father cancelled their annual trip to Marco Island FL. Around Christmas time my Dad asked me if I thought it would be terrible if he still went to Marco Island. I told him of course not he should go see his friends. It wasn't the same for him without my Mother - but he gained great comfort from his friends down there.

My advice would be to wait awhile before your Dad makes his final decision.

 

[Dean]

I too am sorry for your family's loss and would recommend waiting. The usual recommendation is to wait at least a year in this situation.

As for specifics, he can transfer it to you regardless of the reason. All it takes is getting ROFR and then a new deed. For a GIFT to a family member, they will automatically give their consent. The problem becomes if he wants to sell it to you regardless of the price. In that situation there is no rubber stamp and DVC will likely take it ROFR if the price is low enough regardless of the family situation. It's also illegal in all states I know of, including FL, to put one price (or as a gift) and the price really be something different.

My suggestion would be to ADD your name as above. In that case you could still pay what you would have paid if you want. Then later you could remove his name if you wanted. The main flaw in this situation would be his finances. If he remarries or has financial difficulty, the DVC membership would be at risk if his name is still there.

 

[castleri]

I too am sorry for your family's loss and would recommend waiting. The usual recommendation is to wait at least a year in this situation.

As for specifics, he can transfer it to you regardless of the reason. All it takes is getting ROFR and then a new deed. For a GIFT to a family member, they will automatically give their consent. The problem becomes if he wants to sell it to you regardless of the price. In that situation there is no rubber stamp and DVC will likely take it ROFR if the price is low enough regardless of the family situation. It's also illegal in all states I know of, including FL, to put one price (or as a gift) and the price really be something different.

My suggestion would be to ADD your name as above. In that case you could still pay what you would have paid if you want. Then later you could remove his name if you wanted. The main flaw in this situation would be his finances. If he remarries or has financial difficulty, the DVC membership would be at risk if his name is still there.

So sorry for your loss - know that the good times you had will be such treasured memories for your family in the future.

I totally agree with what Dean said - no major decisions for at least a year.
Adding you to the membership would still give him some options later down the road when things may be seen in a different light. Since you are already members you could pay the MFs each year and have him transfer the points into your account. If he needs the money the sale to you would generate or because you have other siblings and outright sale may be more fair then call your guide and ask how something like this can be handled or who you have to call if they can't answer itl

 

[Disney Pappy]

Associate members have the ability to make reservations, but are not entitled to other member perks like the AP discount. They would get any benefits granted to guests during a stay, but would not have the blue membership card needed for some of the perks.

Thanks Doc.

 

[kend58]

My condolences on your loss.

With respect to the DVC membership I would (as many aready have) caution waiting. Let your DF know you are more than happy to be made an associate on his membership and will immediately be responsible for MF and making plans to utilize teh points (i.e. making reservations for family members). I would inidcate that in a year or two I would at that time be happy to buy the membership if he still wants to sell at that point and none of the other family members are objecting (i.e they want to buy as well).

By taking on all of the current responsibility (paying MF and making ressies for family uising teh points) you will allow your DF to put DVC out of mind for now and give him some space and time to reflect before maiking any final decisions.