Hilary
There's always something new to learn!
- Joined
- Feb 10, 2000
- Messages
- 6,483
Let me just say that I am not looking to sell my points at the moment, but reading some recent posts about re-sale purchases has got me wondering about how it would work for us in the future if we ever did want to sell.
We initially purchased 150 points, and have since added a further 25 points - all at VWL, all with the same Use Year, all direct from DVC. So we have one contract number, although there is a different suffix for the add-on.
I understand that closing costs for a re-sale are pretty near to $500 whatever the size of the contract, therefore making our 25 point add-on not cost-effective to a buyer via re-sale!
My question is - as far as a potential re-sale is concerned, would our contract be dealt with as one for 175 points, or two separate contracts of 150 and 25 points each?
We initially purchased 150 points, and have since added a further 25 points - all at VWL, all with the same Use Year, all direct from DVC. So we have one contract number, although there is a different suffix for the add-on.
I understand that closing costs for a re-sale are pretty near to $500 whatever the size of the contract, therefore making our 25 point add-on not cost-effective to a buyer via re-sale!
My question is - as far as a potential re-sale is concerned, would our contract be dealt with as one for 175 points, or two separate contracts of 150 and 25 points each?