if and when will BLT sell out?

[dvc points]

i'm trying to purchase resale at another resort before adding on BLT points through disney. so i'm wondering if i should worry about BLT selling out before i can add on.

would appreciate your thoughts and insight.

 

[KAT4DISNEY]

No worries. From what I've read they aren't even close to having declared all the units.

 

[WALTSAGOD]

Even if it does sell out, resales will start to pop up by then.

 

[TagsMissy]

My understanding was that it was 60-something percent sold...

 

[tjkraz]

My understanding was that it was 60-something percent sold...

Not even close. DVD cannot even sell units (groups of rooms) until they have been legally added to the resort's Condominium Association. At last count only about 20% of the resort has been declared.

 

[DISNEY FIX]

Not even close. DVD cannot even sell units (groups of rooms) until they have been legally added to the resort's Condominium Association. At last count only about 20% of the resort has been declared.

Could that be 60% of the declared units?

 

[dvc_john]

Possibly.

In October they declared units consisting of 58 2-br's.
In January they delcared units consisting of 12 2-br's.

It's likely that most of the units declared in October have been sold, and that's why they delcared more in January. Therefore it stands to reason that at least 75-80% of declared units have been sold.

 

[spiceycat]

what floor are they on - declared units?

BLT will not sell out until the economy improves - so it might be 2 or more years.

DVC seems to think it will be this year - so really think they need to go back and look again.

 

[dvc points]

wow, such a wealth of information! thank you. looks like i have a little time.

 

[dvc_john]

what floor are they on - declared units?

5th floor

 

[spiceycat]

yea a long, long way to go - this building has 15 floors for them to sell.

thanks John. appreciate the information.

 

[chalee94]

right now, DVC has inventory for currently "sold out" resorts like BCV and VWL - you might miss out on incentives after BLT officially sells out but add-ons will almost certainly still be available. not sure this will ever be a problem...

 

[bookwormde]

Yes 5th floor and the first 3 floors have significantly less rooms than the upper floors.

bookwormde

 

[DizGirl20]

Stupid question, but why does it matter what floor they are on? Does this affect purchase of DVC at BLT? Just want to make sure I'm not missing something. Thanks.

 

[maburke]

I have a question. Once the resort is completely sold, it must have use years spread out evenly. So is the fact that they've only been pushing one use year on new buyers (February) since sales started, an indication that less than 1/8 of the resort is sold? Is this a decent measure, or at least an upper bound?

 

[rbeale8]

I don't know if you can judge by use year. All current owners are assigned contracts with the same use year as their master contract.

 

[Tara]

I have a question. Once the resort is completely sold, it must have use years spread out evenly. So is the fact that they've only been pushing one use year on new buyers (February) since sales started, an indication that less than 1/8 of the resort is sold? Is this a decent measure, or at least an upper bound?

Not really, because they've surely had a good percentage of add-ons by existing members, and those would have been for all available use years.

 

[KAT4DISNEY]

Stupid question, but why does it matter what floor they are on? Does this affect purchase of DVC at BLT? Just want to make sure I'm not missing something. Thanks.

Not stupid - it just appears that DVC is declaring the units by floor, bottom to top. So if they're up to 5 then there are 10 more to go.