Feeling Guilty About Renting Points

[SpaceMountain77]

Hi everyone!

We are looking to purchase a new home, moving from our first home of eight years to a larger home with office space and a yard for our girls. Our mortgage broker has been providing financial recommendations to position us to maximize our home buying budget potential. Briefly, reducing some debts increases the amount of house we can buy.

Renting our vacation points will facilitate our home buying process. We have been members since 2012, with 1,031 points, and have never rented our points before. I cannot explain why, but I genuinely feel bad doing so. Perhaps it is the tradition of three or four annual trips, not using the points ourselves, or a combination of the two.

While it may seem silly, I would appreciate your thoughts and, possibly, encouragement to rent.

With gratitude,
Jim

 

[VGCgroupie]

I can completely understand how you feel. On the upside I would look at it as hey my DVC purchase which many consider frivolous is going to help me get into a nicer home. That is pretty great and cant be said for many other timeshares out there. Also, skipping a couple trips would probably make the next even more special.

 

[JackosinDIS]

You are also making someone else very happy when you rent your points! So a win-win if it enables you to improve your financial position as well.

 

[sndral]

You are also making someone else very happy when you rent your points! So a win-win if it enables you to improve your financial position as well.

This year, for the first time, we rented out banked points set to expire before our next visit. I hemmed & hawed about doing it, I didn’t want to mess w/ more income for tax purposes, maybe I should just put them in II, make a last minute trip (& spend $$$ to ‘save’ the points) etc., finally I told my son (who’s on the membership) if he wanted the extra income to go for it. He used one of the brokerages & it was fairly easy & what surprised me was how much joy I felt when he made the booking - it felt good to help a family (sounded like parents & young twins) w/ their visit to WDW .

 

[2010dvcfan]

Guilt is a moral emotion that produces the feeling of responsibility for doing something wrong. Not sure if your bothered by not being able to do both "buy a bigger house" and "take annual vacations" or if you just feel it might be wrong to rent your points out altogether but the feeling of doing something wrong is misplaced in your situation.

Priorities, they rule is all especially the responsible one's, which it appears is the boat you may be in. Rent your points and get your home. It's new territory your experiencing if you've never rented out points before that probably is feeding the emotion more then it should be also.

Best of luck on the move.

 

[Sandisw]

By renting, you are making someone else have a magical trip!

 

[cbailey1616]

How are you every going to survive only going 1-2 this year instead of 3-4

 

[DisTravels]

Hi everyone!

We are looking to purchase a new home, moving from our first home of eight years to a larger home with office space and a yard for our girls. Our mortgage broker has been providing financial recommendations to position us to maximize our home buying budget potential. Briefly, reducing some debts increases the amount of house we can buy.

Renting our vacation points will facilitate our home buying process. We have been members since 2012, with 1,031 points, and have never rented our points before. I cannot explain why, but I genuinely feel bad doing so. Perhaps it is the tradition of three or four annual trips, not using the points ourselves, or a combination of the two.

While it may seem silly, I would appreciate your thoughts and, possibly, encouragement to rent.

With gratitude,
Jim

Good you're getting some financial input.

Cutting out an annual trip to help attain the house you want for 200+ days of the year sounds like a reasonable tradeoff, but ultimately you are the judge.

Also renting points are one-off decisions. You can rent out points as needed and then go back to using them at your discretion. Selling ownership would be more "final."

 

[jo-jo]

Well, not only would you make some extra cash, the dues bill is taken care of, plus the saving of not traveling, food, etc. Don't mean don't go at all, you could still take a trip there, just not three. I'm assuming you have an AP of some sort? Just get that trip in before is runs out or plan an trip now and another in 11 months.

 

[AstroBlasters]

Hi everyone!

We are looking to purchase a new home, moving from our first home of eight years to a larger home with office space and a yard for our girls. Our mortgage broker has been providing financial recommendations to position us to maximize our home buying budget potential. Briefly, reducing some debts increases the amount of house we can buy.

Renting our vacation points will facilitate our home buying process. We have been members since 2012, with 1,031 points, and have never rented our points before. I cannot explain why, but I genuinely feel bad doing so. Perhaps it is the tradition of three or four annual trips, not using the points ourselves, or a combination of the two.

While it may seem silly, I would appreciate your thoughts and, possibly, encouragement to rent.

With gratitude,
Jim

Smart move! The points have value and at this moment you value putting your family into a new home more than a Disney trip this year.

The points will be there next year and a little absence makes the heart grow fonder.

 

[CarolynFH]

Don’t feel guilty! You’re doing the right thing for your family.

And if you don’t use your points by renting, they’ll end up as breakage, and Disney will rent them. It’s better for your family to benefit!

 

[Maistre Gracey]

A one time rental of all your points to help with down payment, or a yearly thing to supplement mortgage payments?

 

[eandt]

Hi everyone!

We are looking to purchase a new home, moving from our first home of eight years to a larger home with office space and a yard for our girls. Our mortgage broker has been providing financial recommendations to position us to maximize our home buying budget potential. Briefly, reducing some debts increases the amount of house we can buy.

Renting our vacation points will facilitate our home buying process. We have been members since 2012, with 1,031 points, and have never rented our points before. I cannot explain why, but I genuinely feel bad doing so. Perhaps it is the tradition of three or four annual trips, not using the points ourselves, or a combination of the two.

While it may seem silly, I would appreciate your thoughts and, possibly, encouragement to rent.

With gratitude,
Jim

We transitioned from renting points to being owners ourselves so we were very grateful to our renter for allowing us to ‘kick the tires’ before we bought the ‘car’ … we have since purchased 3 contracts of our own!

 

[Mtn girl]

Hi everyone!

We are looking to purchase a new home, moving from our first home of eight years to a larger home with office space and a yard for our girls. Our mortgage broker has been providing financial recommendations to position us to maximize our home buying budget potential. Briefly, reducing some debts increases the amount of house we can buy.

Renting our vacation points will facilitate our home buying process. We have been members since 2012, with 1,031 points, and have never rented our points before. I cannot explain why, but I genuinely feel bad doing so. Perhaps it is the tradition of three or four annual trips, not using the points ourselves, or a combination of the two.

While it may seem silly, I would appreciate your thoughts and, possibly, encouragement to rent.

With gratitude,
Jim

Hi Jim. Saw your post. I am new to this website but a DVC member since 1998. I am looking to buy or trade points but not sure how to go about it. Suggestions?

 

[Mtn girl]

Good you're getting some financial input.

Cutting out an annual trip to help attain the house you want for 200+ days of the year sounds like a reasonable tradeoff, but ultimately you are the judge.

Also renting points are one-off decisions. You can rent out points as needed and then go back to using them at your discretion. Selling ownership would be more "final."

Hi I am looking for some guidance in renting or trading points. I am a DVC member since 1998 but need just 4 points to make my reservations for next fall. I am not sure how to find someone that could have what I need. Any suggestions?

 

[eandt]

Hi I am looking for some guidance in renting or trading points. I am a DVC member since 1998 but need just 4 points to make my reservations for next fall. I am not sure how to find someone that could have what I need. Any suggestions?

Call Member Services and buy 4 OTUP to complete your reservation …

 

[tx911]

Hi everyone!

We are looking to purchase a new home, moving from our first home of eight years to a larger home with office space and a yard for our girls. Our mortgage broker has been providing financial recommendations to position us to maximize our home buying budget potential. Briefly, reducing some debts increases the amount of house we can buy.

Renting our vacation points will facilitate our home buying process. We have been members since 2012, with 1,031 points, and have never rented our points before. I cannot explain why, but I genuinely feel bad doing so. Perhaps it is the tradition of three or four annual trips, not using the points ourselves, or a combination of the two.

While it may seem silly, I would appreciate your thoughts and, possibly, encouragement to rent.

With gratitude,
Jim

I agree with what others have said: Think of it as giving a non-owner a great deal on a DVC room for their own magical vacation!

The fact that you are feeling a little guilty about it just means you're one of the good guys! Congrats on the new home!

 

[eandt]

I agree with what others have said: Think of it as giving a non-owner a great deal on a DVC room for their own magical vacation!

The fact that you are feeling a little guilty about it just means you're one of the good guys! Congrats on the new home!

Agree ..rent them if that is what makes sense … as former renters who became owners I can attest it allows someone else to have the DVC experience without all the upfront expense … be interesting to know how many owners were at first renters before they bought …

 

[gmi3804]

This is an asset. Don't be ashamed to use it. Use money to your advantage, and respect its value. You probably could've been in a nicer home if you didn't tie up so much with DVC in the first place, but that's water under the bridge. No sweet-talk about making someone else happy, or spreading "pixie dust" to some stranger. Take care of yourself. Your financial future depends on it. End of lecture. (For now.)

 

[Brian Noble]

I feel like that was written for me.