Help with this contract - am I getting a decent deal?

Well, my son just enrolled today into middle school - in LA it's 7-8 grade, and his vacation times are going to be the week before Christmas, week of, and week after. We would like to go to WDW the week before, Dec 17-24th and I'm not sure if this is considered "prime" or not. Any advice is GREATLY appreciated and I must admit, I'm a bit scared from the "do not buy" posts we've read....

I really want a "good deal" for our momey as we're not "wealthy" - just your average Americans living in an over-priced State/Neighborhood! ;)
 
brando5111 said:
Just curious, why are BCV most sought after? Is it the pool? In all honesty we went to Beaches & Cream for a shake and we weren't impressed. There were way too many tables that weren't bussed and had dirty dishes all over them and the smell in the restaurant was not pleasant (think comet cleanser)...

I do love the area and quite frankly, I think Beach Club looks very nice (loved our steaks at Yachtsman as well, but anywhoo)....if we can save 1k to purchase at BWV, I would much prefer - as we like this resort better anyway. The pool is the only thing keeping me wondering here....as my son is very taken with the ship waterslide, but quite frankly, I'm not inclined to pay an extra grand for a pool....I'm sure he can be just as happy with the scary clown ;)

Should I get out of this now? I am confused! I just know paying too much is NOT what I want to do...but I also think OKW or SSR is not what we want either...HELP!!!

BCV is part of a very popular complex consisting of the villas but also the YC and BC. It has SAB. You are in walking distance of two theme parks, a collection of great restaurants, miniature golf, boardwalk activities. Even though you were not impressed with B&C it is quite popular and we enjoy the burgers, shakes and ice cream there regularly.

All of this can be enjoyed from BWV except SAB. You should buy where you think you would like to stay most often over the term of your contract. A few years of SAB for a teenager is not much reason to buy there with 37 total years of ownership. Buy at BWV, reserve early and go on waitlist to switch at 7 months for BCV. If you get it fine, if not enjoy BWV.

I think you need to take a moment to reconsider. If you have committed to a deal you could lose the deposit if you back out now. That is half of the premium I believe you are paying on the contract you originally asked about. If you can rescind your offer with no cost, then do so. You do not sound like you are ready to buy.

Determine your budget -- what you can afford to spend upfront (either cash out or monthly payments) and what you can afford to carry for maintenance fees with the expectation that those fees will go up about 3% a year. Determine the number of points you need for the vacation you are trying to replicate or create. Detemine your vacation priorities - location, theme, amenities, etc. You may need to compromise some -- maybe you need fewer points or different vacation plan or fllexibility on location. Then discuss with guide and someone at Timeshare Store. See what they recommend.

Consider those options and then decide what you want to do.
 
December is busy for DVC because the points are low until Christmas Week. If you are planning for next December, just call when the window opens up and you should be fine. This December could be a challenge for the smaller DVC's.

BWV would be a great choice for you and you have great opportunities to purchase resale or through Disney. They have pretty much cleared their waitlist for BWV points and they are not taking long at all to come thru with points.

Just know that the contract you are considering is being sold at a premium. Like others have posted, only you know how important owning BCV is to you.
 
brando5111 said:
Well, my son just enrolled today into middle school - in LA it's 7-8 grade, and his vacation times are going to be the week before Christmas, week of, and week after. We would like to go to WDW the week before, Dec 17-24th and I'm not sure if this is considered "prime" or not. Any advice is GREATLY appreciated and I must admit, I'm a bit scared from the "do not buy" posts we've read....

I really want a "good deal" for our momey as we're not "wealthy" - just your average Americans living in an over-priced State/Neighborhood! ;)

First two weeks of December are Adventure season, followed by a week of Choice then Premier. DVC is very busy all month, unlike the rest of WDW which is quiet the first two weeks of the month, festive the third week and very crowded holiday week. After New Year it is quiet everywhere, but you miss the holiday festivities and park hours, events and the like are reduced.

No problem in wanting a good deal. DVC can be but there is no reason to rush. Be patient.
 

Someone please correct me if I'm wrong on this, but since we are talking about timeshares, isn't there a 10-day backout law in Florida? So if someone made an offer today but decided it was wrong tomorrow, they could backout and not lose any $$$?
 
OK, we recently bought a 150 point contract at BCV and also passed on cheaper BWV VWL and OKW. We also passed on some direct purchase offers on SSR that at the time eould have given us more time (years) and were almost cheaper than the BCV resale.
However our reasons were clear, My wife and I like all the resorts we have been to almost all of them. some with DVC some without. We knew that we would want the availability to get at least some room in all of them at different times. The size of SSR is what made us decide to buy at BCV. We figure that with all those new DVC owners buying into the huge resort that is SSR there were suddenly a whole lot more DVC members who would want to use the smaller resorts like BCV and VWL. I am not saying these sites are prestigious compared to the others (we love OKW and BWV) but they have more rooms available overall. What this meant to us was that our 11 month window at a smaller (therefore more apt to fill) resort would benefit us and it has. Many times we have been unable at the 7 month window to get the rooms we want at VWL but we always get what we want even at 7.5 months at our home at BCV.
Anyway that my feelings on the BCV premium, I think it has less to due with SAB than the value of that 11 month booking window. But if you know you want BW then buy there so your 11 month window gets you standard view (cheaper rooms and Grand Villa access). I think these considerations are far more important than the cool pool (But everyone must admit SAB is a really cool pool)


Don
 
dmciii said:
Anyway that my feelings on the BCV premium, I think it has less to due with SAB than the value of that 11 month booking window. But if you know you want BW then buy there so your 11 month window gets you standard view (cheaper rooms and Grand Villa access). I think these considerations are far more important than the cool pool (But everyone must admit SAB is a really cool pool)


Don
As mentioned, if you want Epcot and want to stretch your points, then BWV is the way to go.

If you have teenagers then they are going to want the community hall and being close to ESPN that BWV provides..
 
brando5111 said:
Well, my son just enrolled today into middle school - in LA it's 7-8 grade, and his vacation times are going to be the week before Christmas, week of, and week after. We would like to go to WDW the week before, Dec 17-24th and I'm not sure if this is considered "prime" or not.
I am one of a number of posters here who frequently challenge the "Buy Where You Want to Stay" mantra, because I think many people just hear cliches like that a few times and think they apply in all cases. They DON'T. Having said that, in YOUR particular case, if you can plan and book more than seven months out, and you really want to be assured of staying at BCV, I would definitely tell you to buy where you want to stay.

From just after Thanksgiving until the middle of December is the busiest time of the year for DVC because of the low point costs previously mentioned, and also because of all the holiday decorations and special events. From the middle of December through New Years is an extraordinarily busy time for all of WDW, for obvious reasons. If you want to stay at ANY particular resort during those periods, I would buy those resorts.

If the location is not critical, you could buy anywhere at WDW and be assured of being able to get something during that time, as long as you book within your 11-month window.
 
vascubaguy said:
Someone please correct me if I'm wrong on this, but since we are talking about timeshares, isn't there a 10-day backout law in Florida? So if someone made an offer today but decided it was wrong tomorrow, they could backout and not lose any $$$?
There is a 10 day right of recision law in FL and it applies to resales as well as developer purchases. I assume it starts from the date you sign he agreement. If the language does not include the 10 days issue, by law it jumps to a year.
 
SoCalKDG said:
...if you want Epcot and want to stretch your points, then BWV is the way to go...
Sure, but it all evens out because the maintenace fees are higher ;) .

The debate will rage but the reality is, if you really like one resort in particular you should buy it (and if you really like many resorts you should buy them all ::yes:: ).
 
Well, we decided to pass on this contract....I think for our family we'd rather have our home resort be BWV....so we'll wait for something better to come up!

Thanks to all - as you really helped us in this decision process.

* Special thanks to Pat @ TTS - your awesome! :flower:

Brando
 
Brando~

If you want the best deal, wait for a contract that has true banked points. I say "true" meaning it's not "this year's" points already banked into next year, but "last year's" points banked into this year.

Contracts where the current year points are partially or all used never seem to be as good a deal...for $2-$4 more you can get an extra year's worth of points (and not pay maintenance on them).

And I agree with the BVW recommendations....having the option of booking std view will stretch those points even further.
 
JimMIA said:
BCV is the smallest resort and sells at a premium. Small contracts anywhere are rare and sell at a premium. So you are paying a premium on a premium.

Just for clarification, BCV is not the smallest resort. On WDW property the smallest is VWL at 136 vacation homes. The BCV has 208.

Of all the DVC properties, HHI is the smallest at 102, followed by VWL at 136, VB at 175, BCV at 208, BWV at 383, OKW at 531 and SSR will max out at 552.
 
debloco said:
...and SSR will max out at 552.

I think SSR will hit 828 once phase III is complete. I might be wrong but that is the note that I made when phase III was announced. In any case it is going to be BIG!

Brando,

Good luck searching for a BWV resale. Pat will take very good care of you!
 
With over 800 units a nice sit down restaurant is in order at SSR and another themed pool with slide too,

Increase the boat service from DTD and many pople would frequent the restaurant for the boat ride and the great view ----- depending on where the restaurant was located.

Where is phase III going to be? I had heard rumors that it was going to be where the tree house villas are. Anyone know exactly where they are going to be?

thanks
 
lovewdwdvc said:
With over 800 units a nice sit down restaurant is in order at SSR and another themed pool with slide too,

At 800 units, SSR is certainly the largest DVC resort, but it's one of the smallest Disney resorts. Only the Boardwalk and Old Key West are smaller. I'm not aware of any Disney resorts that have more than a single "themed" pool, and the Wilderness Lodge has more rooms and an even smaller pool than SSR.

While I think most guests would HOPE for another robust pool, I think it's far from given that one will materialize.

Based upon the information I've seen, it appears SSR will have 4 Quiet Pools, which should accommodate the total guest population nicely. Each should have an accompanying playground and BBQ Grill / shelter. The only thing missing would be an actual slide. A slide would also mean that lifeguards become a requirement for a second pool.

In the end, if there is to be another themed pool, I'll believe it when I see it...

Regarding the restaurant, I've heard many times that "Seasons" at the Disney Institute was a failure. One could attribute that to anything from the quality of the restaurant to the proximity to DTD. In the end, I'm not surprised that Disney was unwilling to commit to another sit-down restaurant in the same location.

That said, the development plans for SSR have since grown by 50%, and there certainly appears to be some demand for a restaurant. Personally, I don't think SSR really needs it, but I won't be surprised if it does have a sit-down restaurant within the next 5 years.

Increase the boat service from DTD and many pople would frequent the restaurant for the boat ride and the great view ----- depending on where the restaurant was located.

Logically, one would think the great impetus for building a restaurant at SSR has to be capturing dollars that Disney would not have otherwise captured. In other words, if 90% of the diners at this proposed SSR restaurant are people who decided to go there instead of Boma / California Grill / Yachtsman, then it will be a failure. All you're doing is shifting revenue from another restaurant to SSR, while incurring a lot of additional expenses.

The idea has to be to convince (primarily) SSR guests to dine at this restaurant instead of in their room or off-site. The closest comparison is probably Olivia's at OKW. Similar resort design. Similar type of guest. The primary difference is that SSR has DTD within walking distance, and that will always draw some of the dining business. Since SSR was originally designed to be just slightly bigger than OKW, and since they already saw mediocre business from "Seasons", I think there were a lot of good reasons to go the food court route rather than another full service restaurant.

Whether that line of thinking has changed remains to be seen.

Where is phase III going to be? I had heard rumors that it was going to be where the tree house villas are. Anyone know exactly where they are going to be?

Not the treehouse villas but the FAIRWAY villas. These units were visible from the main road.

Plans that were filed with the county showed two buildings and a quiet pool between the guard shack and the first building in the Paddock. Three more buildings were then to go on the former location of the fairway villas, and would overlook the golf course. There was also another pool shown in the vicinity of these units.
 
JimC said:
I think SSR will hit 828 once phase III is complete. I might be wrong but that is the note that I made when phase III was announced. In any case it is going to be BIG!

Whoops! Sorry, I was working from an "old" New Member Guidebook that came out before SSR even opened in 2004. :blush:

I think my smaller number just included Phase I and II. But boy, with Phase III that is a LOT of units!
 
tjkraz said:
...Based upon the information I've seen, it appears SSR will have 4 Quiet Pools, which should accommodate the total guest population nicely. Each should have an accompanying playground and BBQ Grill / shelter. The only thing missing would be an actual slide. A slide would also mean that lifeguards become a requirement for a second pool....


Maybe CBR is a good analogy. Large resort, multiple and distinct sections. Each section has its own pool (not sure quiet would be the term I would use) and then there is the large main pool with all of the amenities. Seems SSR will follow that progam.
 
Quote:
Originally Posted by tjkraz
...Based upon the information I've seen, it appears SSR will have 4 Quiet Pools, which should accommodate the total guest population nicely. Each should have an accompanying playground and BBQ Grill / shelter. The only thing missing would be an actual slide. A slide would also mean that lifeguards become a requirement for a second pool....




Maybe CBR is a good analogy. Large resort, multiple and distinct sections. Each section has its own pool (not sure quiet would be the term I would use) and then there is the large main pool with all of the amenities. Seems SSR will follow that progam.
__________________



I think that you are right in saying that SSr will probably be like CBR when it is finished but........... It is just that this is a DVC----not a moderate. So, the plan for a moderate should not be the plan for this DVC.

Shouldn't we get a little more?
 
lovewdwdvc said:
I think that you are right in saying that SSr will probably be like CBR when it is finished but........... It is just that this is a DVC----not a moderate. So, the plan for a moderate should not be the plan for this DVC.

Shouldn't we get a little more?
I think we do in terms of unit amenities and resort quality. IMO both SSR and OKW have many similarities to the moderates, especially CBR and to a degree, Riverside. But even the moderates have a full service restaurant, FQ maybe being the exception depending on how you look at it. I do know there is DD but for me it is not the same, maybe it is for others.
 



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