Deposit question for those who have added SSR

[floridafam]

I thought I read the other day that someone called and put down the usual $500 to get the paperwork rolling and nothing else was due until next April or May.

Does anyone know if it is just $500 and the rest before you close or if you have to put down the standard 10% now?

Thanks in advance for any information.

 

[floridafam]

bump

 

[disneycrazed139]

I believe that you need to put down at least 10%. (but that is for a new contract; I don't know about the add-on procedure)

The $500 is just until you get the paperwork back. I am supposed to return mine with the rest of my 20%

 

[cgcw]

I was surprised when we added on Saturday that we had to give the $500 deposit over the phone. This was a new change for us since our last add on last year. I must have missed that change.

10% is the minimum required for add ons also. Balance of down payment is due with the paperwork.

 

[RoutemanDan]

If financing you have to put at least 10 % down now.

 

[aero99]

I know you can charge your $500 deposit, how about the rest?? I am trying to get as many disney reward dollars as I can.

thanks!
Melissa

Edited: Got the answer: you can charge all of it. They are automatically charging the rest to my disney visa. I am now a dvc member!

 

[Kris517]

When we joined, they told us this:

You put $500 down to get the paperwork.
You can either finance with Disney, pay 10% down when you send in your paperwork, and no interest until may 1, 2004.

or pay the 10 % down with your paperwork and the full balance is due within 30 days.