Finally called, adding on...

[lenshanem]

On add on waitlist for VWL. Now hubby can't get upset about me choosing BCV for our original contract.
I tried for SSR, but he wouldn't even listen to me tell about the incentives. Mentioned VWL and his ears perked up.

 

[tinkgrl]

Hi,

Pixie dust for your waitlist!!

Allison
Officially DVC 7/23/03
Home: BCV

 

[floridafam]

May I ask how many pts you are waitlisted for?

I think we might call tomorrow when our guide returns from vacation and take our names off the waitlist for VWL and add on at SSR instead.

A guide told me last week that you can use MB on add ons, even if you are on the waitlist. Are you adding on enough to do MB?

Good luck.

 

[Maistre Gracey]

Congrats! I am happy for you!
I would bet that you made your husband happy by choosing VWL!

 

[ncligs]

Originally posted by lenshanem
On add on waitlist for VWL. Now hubby can't get upset about me choosing BCV for our original contract.

I knew it wouldn't take you long to add on.

 

[jaysue]

What use year and how many are you going for? Are you trying for a small resale as well?

You would think there was a baseball diamond at VWL!!!



Thanks
jaysue

 

[JimC]

Good luck with the add on waitlist. How about resale, you will probably get the contract for lower price. It might be worth to explore both.

 

[lenshanem]

jaysue, you're too funny! If there was a baseball diamond there we woudl have bought years ago! LOL
ACTUALLY...I think he is a slight irriated we're even adding on, but he pretty much just goes with the flow and doesn't say too much. He knows it is one of my obesssions, this thing called WDW?!? When I was talking to him about SSR I was completely being ignored. I got the feeling there was no way he woudl add on 100 at SSR. And I woudl only do a 100 there to get the incentives, no less.
But, I know he loves WL so I said then let's get on the waitlist for VWL. He agreed to this, but wanted me to add on only 50, but I'm doing 70. Enough to cover a 5 night stay during the summer in a studio. Sooo, he is really not talking to me about it. I really did the BCV thing on my own, too. He loves WDW, but not to the degree I do. I guess I'm lucky he puts up with my WDW obession and I put up with his baseball. Actually, with all the baseball stuff he has bought off ebay and all the traevling he does to visit differnet ballparks we coudl have bought into DVC ten times over.
No resale, want same use year preferrably, we'll probbaly use these points for Christmas time every once in awhile. Plus, I'm adding it onto our financing through DVC. I'm hoping we'll be able to pay off a large chunk of it, if not all in a couple months.

 

[floridafam]

lenshanem,

Have you considered adding on 100 to take advantage of MB or is 70 the right amount for you?

Just curious

 

[lenshanem]

floridafam, I think I'm pushing it with even 70 with hubby. I stay at home with the kids so I do (I know thsi is silly...) have that little guilt thing going cause I'm not working outside and getting money!

 

[floridafam]

I stay home, too.

Good luck. I'm 99% sure we'll be taking our names of the VWL waitlist today. So your one step closer.

I think we are going to do the add on at SSR and stay on the waitlist for more Vero pts.

We missed BCV and would have to waitlist if we wanted to add on there.

Good luck and let us know when the waitlist comes through.

 

[lenshanem]

Thanks floridafam, good luck to you, too!
What use year were you on the VWL waitlist for? Was it December?
So you decided on SSR? I think I woudl do this, but hubby really lacks the interest and then I wouldn't get to add on at all!
FYI - Guide told me yesterday he thought it woudl probbaly only be about 2 weeks for the waitlist to coem through. Which makes me wonder...
Does he know they are about to do ROFR on a resale OR do they have the points but they are tied up waiting for soemone to decide OR they ahve them, but he is busy and will get to me when he catches up and just has those poinst on hold?

 

[floridafam]

Maybe someone can answer this question. If your waitlist pts become available and you are not using MB...do you need to give them a 20% down payment vs. a 10% down payment?

I guess this doesn't matter if you are paying cash.

Does anyone know how this works?

Assuming someone wants to add 70 pts at $84 a pt. 20% down equals $1,176. If you add on 100 at the same resort instead then you only have to put down $840? Is this correct? This, of course, doesn't matter if someone is paying cash.

I'm just curious if I have the details right.

 

[floridafam]

lenshanem,

We have an April use year. That is great news from your guide. Maybe there are some contracts out there that look like they aren't going to be followed through on. Who knows?

We had so many options with adding on at SSR, waitlisting for VWL, waitlisting for Vero or adding on at BCV. SSR looks nice and I know we'll enjoy the golf and the spa.

Let me know how everything turns out.

 

[lenshanem]

Oh darn, floridafam. I guess I need to get out the calculator run these figures...

 

[lenshanem]

Anyone know about this -
If we do indeed get called and can add on at VWL within the next couple weeks can we bank these poinst before the 8/31 deadline? There si no way we'll be able to use them and our 150 points at BCV have been "bought" back from DVC for MB. Can they be banked before we catually close?
My guide said we coudl, but this worries me a little.
Also wanted to verify that 70 points woudl cover a 5 night stay in a studio during the summer. He told me the charts are set and they can never be changed, but I was under the impression the charts could be changed around, they just couldn't add more points into the chart. The points always had to equal to be the same, but they coudl be moved aroudn like the Easter week.
Anyone think the 2005 chart will be out soon?

 

[floridafam]

lenshanem,

I am not sure about the banking deadlines. I believe you can bank now before you close but I am not sure.

Take a look at these figures.

70 pts at VWL=5,880.

20% down payment of 1,176.

Balance of 4,704. 4,704 financed for 10 yrs at 9.75% is around 61.51 per month


100 pts at VWL=8,400.

10% down payment of 840.

MB of 1,000.

Balance of 6,560. 6,560 financed for 10 yrs at 9.75% is around 85.79 per month


So, 30 more pts for only $20 more per month-This is if you take the entire 10 yrs to pay off the loan.

These figures are only if you are financing for 10 yrs. Everything changes if you do 3yrs, 5 yrs or pay cash.


If your guide told you that you could bank the pts when they come through on the waitlist then I would just double check. I don't think the pts charts will change that much. All they can do is reallocate pts. Maybe even out weekday and weekend pts but they can never increase the amount of pts needed. Did I say that right?

 

[floridafam]

lenshanem,

I apologize if it sounds like I'm trying to talk you in to buying more pts.

I actually was just curious about what the down payment requirement is if you don't use MB.

I think 70 pts is a good choice.

I'm sure someone will have some insight on pts charts.

 

[Maistre Gracey]

floridafam, this has probably already been discussed, but I thought I read somewhere that MB was not offered on a waitlist purchase.
Please don't take that for Gospel, I very well could be wrong...

 

[floridafam]

Maistre Gracey,

I also read that you couldn't use MB on waitlist purchases but then last week I was told by a guide that you could. It wasn't my guide so I/he could have been wrong.

I'm going to ask my guide today and I'll let you know.