Thank you so much for your quick response. I actually have been writing down many questions since I returned home yesterday, as I keep thinking of more and more things to ask! No, we have not closed yet, thank goodness! We signed the paperwork last week as we were told that being from Canada, it was much more difficult (and depending on your province impossible) to do this long distance.
We paid $112 US per vacation point, and purchased 300 points. We like to do Disney cruises, and have been staying on site yearly the last few vacations. Our incentive was $5 per vacation point gift card, which was used towards the down payment. We also received 300 additioinal points which expire in October, these can be used with RCI and are good for 2 years once they start the "search". We also received 2 annual passes to DisneyWorld. (could have been
Disneyland as well, but these expire at the end of 2009, the World cards have no expiry date). We will not be vacationing at Disney again in 2009.
Now, something that makes me want to cancel our deal is this - we live in Western Canada, the airfare to Florida is very expensive for our family of 4 (between $4000 - 5500, depending on travel times). My husband and I stated that we vacation in California more often (Florida only for cruising, and that is only every 2-3 years). We were told that the Grand Californian was not available for purchase to the general public yet, but we could purchase some extra points there when it opens up. Well, as I do more research I realize that if we buy 100 points there, we can book these points 11 months out, but can't transfer the remainder of the points until 7 months. What are the chances of being able to arrange a vacation this way? We made the purchase in California, but our "property" is BLT. We love the plan, and it totally works for our family vacations, but the more I think about it, the more I wonder if we should wait it out and purchase in California.