DVC experts, what do YOU think? Good deal?

[Dean]

I think it has a chance to pass ROFR, no reason not to give it a try. BTW, I think it's a good deal but not a great one given you'll still be paying the $500 in closing and half a years main fees next year on points you didn't get to use.

 

[gothmommie]

Just an update. The seller and I restructured our agreement to $72 per pt with the Seller paying all the closing costs/transfer fees. We don't have to pay any maint. fees until 1/06. All pts. that come available 6/06 are available for borrowing and we'll be doing that for our 2/06 vacation.

I'll let you know if we get through ROFR....

Thanks all for the tips, thoughts, etc.

 

[byoung]

Wish you the best.

 

[jekjones1558]

The seller and I restructured our agreement to $72 per pt with the Seller paying all the closing costs/transfer fees. We don't have to pay any maint. fees until 1/06.

Way to go! Good luck!

 

[calypso*a*go-go]

I'm glad you decided to go for it...good luck !!!

And remember the DVC Rule of Thumb: If at first you don't succeed..try, try, again !!!

 

[CarolMN]

Just an update. The seller and I restructured our agreement to $72 per pt with the Seller paying all the closing costs/transfer fees. We don't have to pay any maint. fees until 1/06. All pts. that come available 6/06 are available for borrowing and we'll be doing that for our 2/06 vacation.

I'll let you know if we get through ROFR....

Thanks all for the tips, thoughts, etc.

I would not have done that if I were the seller unless this were a private deal with no broker involved.

If the seller has the typical "% of sale price" commission agreement with the broker, he/she just agreed to pay the broker more - unless the broker agreed to take the same amount as he/she would have gotten before the restructure.

Hope you get through ROFR! Good luck!

Best wishes-

 

[gothmommie]

I would not have done that if I were the seller unless this were a private deal with no broker involved.

Yes, it was a private deal/no broker involved.....

Thanks for the best wishes all!

 

[T.E. Yeary]

FYI- if a broker were involved, the higher dollar volume of $72 instead of $69 on 230 points would amount to $69 extra in commission. Per our 10% commission rate. Do you really think that's a deal-breaker?

HAPPY VACATIONING,
Thomas E. Yeary (Tom)
Owner/Broker