They've added an admin fee and the closing costs were raised again either in December or January I believe that brought it up pretty much on level with resale. Or, with enough points apparently has surpassed them! I'm pretty certain it's a Disney company that does this so I'm sure they need to increase their revenue too.![]()
Talked to a guide today who said closing costs on 200 OKW points would be about $900. A resale broker says $600 for 200 points. I alothought closing costs with Disney direct was less. Is my guide misinformed?
I called my guide Friday afternoon but haven’t heard back yet. This is an add on. 200 points at OKW.Did you confirm that the $900 figure was indeed all closing costs? If they are really charging that much, I'd be surprised (can't say shocked, cause I've seen what else they feel like they can do these last few weeks). That is a huge negative for any direct purchase. I wonder if it's any cheaper for an add-on? My only direct purchase was CCV in 2017 - lemme go find what they were charging then.
I was surprised by how high it is. I remember the days of no closing costs.I would say it is probably accurate. We just bought direct at ccv for 150 points and closing was 700
Maybe prorated closing costs? I don't think OP noted what UY they were purchasingNo, that can't be...I have 200 OKW and our dues were more like $1400.
I was wondering that too.Maybe prorated closing costs? I don't think OP noted what UY they were purchasing
So you get Dec 2018 points and forward. But pay only 2019 dues I am thinking. And all 2019 (or maybe just 11 months worth). I am trying to think...when I bought July 2018 for my Aug UY I paid about 5 months of 2018 dues. Got 2017 points for free (dues wise). So I don't think it's including dues as it would be more like $1325 just for 11 months of dues ($1446 for 200 OKW 2019 dues).December UY. Not talking dues, but closing costs. Unless you mean that the guide was adding in dues to the closing cost figure. I have to talk to him again. He seemed deliberately vague about pricing. He’s a new guide for me. Mine is on leave.
I’ll take that guide recommendation please.So you get Dec 2018 points and forward. But pay only 2019 dues I am thinking. And all 2019 (or maybe just 11 months worth). I am trying to think...when I bought July 2018 for my Aug UY I paid about 5 months of 2018 dues. Got 2017 points for free (dues wise). So I don't think it's including dues as it would be more like $1325 just for 11 months of dues ($1446 for 200 OKW 2019 dues).
I have a great guide if you need a recommendation.
I see where you are coming from. I’d like to own at OKW. We had planned to buy 200 direct OKW and sell our 200 SSR. Now I’m wondering if we just keep everything as is and take our chances at seven months. Love those OKW grand villas though.I only paid a small amount for closing on 60 points in late 2017 (just over $100???) but was just quoted nearly $350 for only 50 points. That $195 admin fee was likely the difference.
I've declined 2 of my 3 direct waitlists so far. I just can't bring myself to pay the recent increase AND another $200 that they've decided they suddenly need to charge.
I do need more points but I also don't want to be forced to buy a larger contract than I need (limited availability of resale).
Not sure what I'm going to do.