dragonflymom
Mouseketeer
- Joined
- May 29, 2007
- Messages
- 376
I got my first DVC contract for SSR through resale and found out that I need more points
so I decided to add on. But rather than do a simple add-on with the same UY, my husband and I decided to do a brand new contract with Disney to take advantage of the promotion going on at the time and also to secure a new UY that works better with our job and vacation schedules, especially with the new banking rule changes.
We have purchased enough points in the second contract (also SSR Dec. UY) that we want to sell our first contract (SSR Aug. UY). Not only have we used up all the current year points in the first contract, we have borrowed half the points from the next UY. Since stripped contracts tend not to sell in the resale market, I was thinking of transferring points from my second contract to my first contract so that when the new UY starts in August, at least the buyer has a full set of points. I would do this by transferring in March and immediately banking the points.
My questions are:
1. If I transfer 2007 Dec. UY points from my second contract to my first contract (Aug. UY), how long does the buyer have to use the transferred points if I immediately bank the transferred points? Is it till Nov. 30, 2008 (when original UY points expire) or it is Nov. 30, 2009 (since it's banked)?
2. Since transferred points don't show up on the DVC member website, do I need to worry that when contract ownership changes, everything will show up correctly for the new owner?
3. Is this too much for a new owner to grasp the various point expiration dates and I'm asking for trouble for doing this transfer thing? The simpler thing to do would be to just wait it out until my first contract reloads with new UY points in 09, but I want to avoid paying maint. fees if I can.
4. Should I just forget about the whole transfer deal and just try listing a stripped contract with a low per point price and hope for the best?
Any advice would be greatly appreciated! I've learned so much for these boards.
so I decided to add on. But rather than do a simple add-on with the same UY, my husband and I decided to do a brand new contract with Disney to take advantage of the promotion going on at the time and also to secure a new UY that works better with our job and vacation schedules, especially with the new banking rule changes. We have purchased enough points in the second contract (also SSR Dec. UY) that we want to sell our first contract (SSR Aug. UY). Not only have we used up all the current year points in the first contract, we have borrowed half the points from the next UY. Since stripped contracts tend not to sell in the resale market, I was thinking of transferring points from my second contract to my first contract so that when the new UY starts in August, at least the buyer has a full set of points. I would do this by transferring in March and immediately banking the points.
My questions are:
1. If I transfer 2007 Dec. UY points from my second contract to my first contract (Aug. UY), how long does the buyer have to use the transferred points if I immediately bank the transferred points? Is it till Nov. 30, 2008 (when original UY points expire) or it is Nov. 30, 2009 (since it's banked)?
2. Since transferred points don't show up on the DVC member website, do I need to worry that when contract ownership changes, everything will show up correctly for the new owner?
3. Is this too much for a new owner to grasp the various point expiration dates and I'm asking for trouble for doing this transfer thing? The simpler thing to do would be to just wait it out until my first contract reloads with new UY points in 09, but I want to avoid paying maint. fees if I can.
4. Should I just forget about the whole transfer deal and just try listing a stripped contract with a low per point price and hope for the best?
Any advice would be greatly appreciated! I've learned so much for these boards.
