DVC Resellers

[Guzzi]

What an MF?

 

[Guzzi]

Have any of you folks purchased through DVCbyreseal.com?

on a 10875 asking price for 150pts / year at saratoga springs with end date of 2054 sound ok, Im attracted to this offer as they have points available for this year but i know nothing of this co

 

[LouisianaDisneyFan]

Have any of you folks purchased through DVCbyreseal.com?

Yes, I've purchased from three of the top four resellers and also directly from Disney. Here's a previous thread in which many (including me) shared our specific experiences with the different resale companies:

http://www.disboards.com/showthread.php?t=2491424

HTH!
Evey =)

 

[Skrutti]

I have bought throug Timeshare store once they are extremely professional. And then I have bought through Fidellity once because they have lots of contracts at good prices. Problem is you have to have mail contact with them to see what they have available. The communication i slower but correct and polite. In the end its all about what contract you are looking for. I have also had much contact with **** at DVCresales.com and they are very nice to. But they have not had the contracts i was looking for.

 

[Guzzi]

Yes, I've purchased from three of the top four resellers and also directly from Disney. Here's a previous thread in which many (including me) shared our specific experiences with the different resale companies:

http://www.disboards.com/showthread.php?t=2491424

HTH!
Evey =)

Thank you, that was very helpful reading

 

[DizGirl20]

Have any of you folks purchased through DVCbyreseal.com?

Yes, I used Shontell at DVCbyresale - process was very smooth and easy. Communication was a bit spotty but I knew from reading (so much!) on these boards what to expect. I wouldn't hesitate to use her again!

 

[Guzzi]

okay all you DVC experts, I love you folks let me ask you this one.
Do you find much difficulty with the 7 month time window when trying to get DVC rooms in other than your home resort?

We dont have a home resort in mind, and we have only stayed at CBR and CSR on our prior trips to the world, so we have no idea what the DVC or resorts are like. So to my mind i would like to get the least expensive DVC option i can and then just use the 7 month window to pick and choose amoung the several resorts.

What have your experiences been making 7 month ressies, bearing in mind we will be opting for the lower(est) Studio options more often than not.

Thanks folks

Mike

 

[disneykidatheart]

What an MF?

MF--Maintenance Fees. Each point you buy will have a maintenance fee due for it each year. Each resort has a different maintenance fee and that fee changes each year. Maintenance fees, for example, for Old Key West are about $4.98 per point for 2011. Thus, for 100 points the fees for 2011 would be $498.00. Your initial purchase price is the small part of ownership. Maintenance fees will increase 2-4% yearly and will far outweigh what you pay for your contract.

I get the impression that you, like many of us in the beginning, have caught the DVC bug and are ready to jump in with both feet. I would advise that you step back, read as much as you can learn, ask many more questions, and then proceed so there are no surprises after it may be too late.

To answer you original question. We took the DVC tour, signed on the dotted line, and walked away with the sales packet. When we arrived home my husband was informed that his company was making further cuts and that early retirement may be in the near future. We were worried about the DVC commitment and called off the deal.

As it turned out, I found the Disboards, read everything I could find, talked to people, learned about resale and just waited. I started to watch resales. After about six months I felt secure enough with our financial future to take the plunge and found a perfect smaller contract with The Timeshare Store. I decided to take a small step to get my foot in the door to see if a timeshare was suited for us. In the next four years we purchased four more smaller contracts through The Timeshare Store. Even paying closing costs we always paid less than what we would have paid through Disney.

We always purchased only what we could afford to pay with cash. The Timeshare agents were more than willing to answer all my questions. In the end I asked them to tell me the answers to the questions I didn't know enough to ask.

Small contracts are not rare, but they are not as common as larger ones. If you watch a site regularly you will see them as I did. You have to be ready to jump on one instantly, however, because they go fast--often within hours.

One thing I would caution you on with resale. I have always felt the closing company was the weakest link of the sale. Pay attention to the documents that are sent. I had to contact the closing company at least twice about errors in the contract. Once you are given a contact at the company, use it and make your phone call to them to keep things rolling. Don't wait to hear from them. You don't have to be annoying, just let them know you are on top of things. A three week wait is much longer for you than it is for them.

Good luck!

 

[Sandisw]

okay all you DVC experts, I love you folks let me ask you this one.
Do you find much difficulty with the 7 month time window when trying to get DVC rooms in other than your home resort?

We dont have a home resort in mind, and we have only stayed at CBR and CSR on our prior trips to the world, so we have no idea what the DVC or resorts are like. So to my mind i would like to get the least expensive DVC option i can and then just use the 7 month window to pick and choose amoung the several resorts.

What have your experiences been making 7 month ressies, bearing in mind we will be opting for the lower(est) Studio options more often than not.

Thanks folks

Mike

It depends on the time of travel but if you are flexible in where you stay, you should be able to trade out and try other resorts more often.

There are some room types, however, that are very difficult to get at 7 months--nothing is impossible, but some are just harder than others.

For example, getting the AKV concierge rooms are very tough, even at 11 months. So are the values at AKV due to low point cost and smaller rooms. SV and MK view rooms at BLT are hard to come by, but most are having success getting LV rooms.

At BWV, again, SV and BW view rooms are more difficult, but getting a preferred/garden view room, not so much.

The summer months (when I know you travel) are in Magic season so the point cost is higher. December, which is a lower point total is very popular with DVC so most book there 11 months out.

We have been traveling in early to mid August since owning DVC and have not had trouble getting rooms at SSR, VWL, BWV, BCV, AKV, and BLT. We ended up for our first DVC trip doing BWV, VWL, and BLT. Last year, we did a split between BCV and BLT. I booked BLT (1 bedroom) right at 11 months and then right at 7 months, change the first 3 nights to BCV. I called back at 6 1/2 months to check on a few things and BCV was gone.

I think the biggest piece of advice is to buy where you want to stay. If you are comfortable at many DVC resorts, then definitely buy with price in mind. The only thing you don't want to do is buy at a place you know you would not like at all.

As many know, I bought BLT because we are picky on where we stay. After trying all the resorts I have, BLT remains my favorite, BCV remains my 2nd favorite, with BWV my 3rd (although I would only choose BWV if I could get BW view and since that is difficult at 7 months, not sure I will get that chance until some day when I add on more points!).

 

[Guzzi]

MF--Maintenance Fees. Each point you buy will have a maintenance fee due for it each year. Each resort has a different maintenance fee and that fee changes each year. Maintenance fees, for example, for Old Key West are about $4.98 per point for 2011. Thus, for 100 points the fees for 2011 would be $498.00. Your initial purchase price is the small part of ownership. Maintenance fees will increase 2-4% yearly and will far outweigh what you pay for your contract.

I get the impression that you, like many of us in the beginning, have caught the DVC bug and are ready to jump in with both feet. I would advise that you step back, read as much as you can learn, ask many more questions, and then proceed so there are no surprises after it may be too late.

To answer you original question. We took the DVC tour, signed on the dotted line, and walked away with the sales packet. When we arrived home my husband was informed that his company was making further cuts and that early retirement may be in the near future. We were worried about the DVC commitment and called off the deal.

As it turned out, I found the Disboards, read everything I could find, talked to people, learned about resale and just waited. I started to watch resales. After about six months I felt secure enough with our financial future to take the plunge and found a perfect smaller contract with The Timeshare Store. I decided to take a small step to get my foot in the door to see if a timeshare was suited for us. In the next four years we purchased four more smaller contracts through The Timeshare Store. Even paying closing costs we always paid less than what we would have paid through Disney.

We always purchased only what we could afford to pay with cash. The Timeshare agents were more than willing to answer all my questions. In the end I asked them to tell me the answers to the questions I didn't know enough to ask.

Small contracts are not rare, but they are not as common as larger ones. If you watch a site regularly you will see them as I did. You have to be ready to jump on one instantly, however, because they go fast--often within hours.

One thing I would caution you on with resale. I have always felt the closing company was the weakest link of the sale. Pay attention to the documents that are sent. I had to contact the closing company at least twice about errors in the contract. Once you are given a contact at the company, use it and make your phone call to them to keep things rolling. Don't wait to hear from them. You don't have to be annoying, just let them know you are on top of things. A three week wait is much longer for you than it is for them.

Good luck!

thanks for the info, dont worry, It took me longer to buy a new fly fishing rod (4 months and i never waivered on the rod) than it took my sister in law to meet and marry her husband, i still have the rod...........

I am very slow and will hem and haw over this for ages, but I think im leaning towards resale

 

[mamian16]

I've sold a few of mine through the timeshare store. They were great

 

[cheezNE1]

I bought and sold the same contract thru them. Just closed on my sale... smooth and easy.

 

[Guzzi]

im looking at a resale with points left over from 2009 and 2010 with the renewal month being october

I am assuming that we would have until oct 2011 to use the remaining 2009 points of loose them

Does Disney automaticlly use the oldest points first, or do you have to ask/tell them to do so?

thanks for the continuing info

 

[RobDoc]

MS will usually use the banked points first, but it never hurts to remind them. You can verify that status immediately on the member's site too as all details of the points in your account are updated right away.

 

[Sandisw]

im looking at a resale with points left over from 2009 and 2010 with the renewal month being october

I am assuming that we would have until oct 2011 to use the remaining 2009 points of loose them

Does Disney automaticlly use the oldest points first, or do you have to ask/tell them to do so?

thanks for the continuing info

Yes, with an Oct UY, points would be good from Oct 1st through September 30th of the following year. If you bank them, they extend for the year.

So, if you end up with 2009 UY points, they will have to be used by September 30th, 2011.

The 2010 UY points would expire September 30th, 2011 as well, unless they are banked by May 30th, 2011. You are allowed to bank points at any time during the first 8 months of your UY.

When considering a contract, be sure you understand UY and what it means in terms of what would happen if you ever had to cancel or change a trip.

Finding a UY that happens just before your typical travel gives the most flexibility, IMO, if something happens.

For example, if you were to book a July 2011 trip using those 2009 and some of the 2010 UY points, and then had to cancel the trip after your banking deadline of May 30th (and at least 31 days in advance--less than that, there is another set of rules), all those points would now expire September 30th. If you could not retake your trip in either August or September, everything would be lost.

We have a June UY since we travel in primarily in the summer as well. For me, if I ever have to cancel my August trip, since I am at the beginning of my UY, I still have plenty of time to bank points. If I had been using points that were borrowed or banked and would have to be used anyway, I would still have a full 10 months to try to re-book my trip.





If you could not re-book a trip during that time, you would los

 

[WDWBlue]

So far DVC has not used ROFR except for BCV. Everything else has not been ROFR for a year. I have seen OKW passing at $40 a point and SSR passing at $46.67 a point. So except BCV offer away to seller because DVC has not been buying back.

I didn't know that. Wish I was in the market for more points!

 

[sukhakuli]

I'm sure this question has been asked a million times, but I can't seem to figure this out.

We are not currently DVC members, but I have wanted to buy for a while, but I find it all so confusing. I don't fully understand the home resort thing. For instance, if I buy a small contract, I think I saw one for the Grand Californian for 2300 for 25 points (we could pay cash for that), and then later buy a larger contract at the Bay Lake Towers, can we transfer the points between the 2? We will probably be spending our time at Disney between Disneyland and Disney World (depending on where we are living at the time - we move a lot), so being able to stay at either resort would be ideal.

How hard is it to stay somewhere other than your home resort? I'm unsure if we are decisive enough to always want to stay at the same place, and we may want to use points for Hawaii, or maybe a Vacation by Disney at some point in the future. Is this something that is reasonable to expect?

I also find the amount of points we'd need to be completely confusing. How hard is it to start low and then add on as you need?