Is this a good deal?

[KellyDVC]

You got a great deal! Especially if you get to use the 2002 points. We bought a 300 OKW contract (Dec UY) late last Spring, with all 2001, 2002, and upcoming 2003 pts available. Paid $70 per point. Just like you we got two years' points dues-free.

We were lucky enough to rent out the 'extra' points (if there is such a thing as 'extra' points, LOL). Anyway, IMHO you HAVE to give some kind of value to the banked points vs a resale with current UY points only. In our situation, given our $9 per point rental on 2 years worth of points, we feel we paid closer to $52 per point vs someone paying $70 per point with no prior year or banked points available.

Disney did not exercise ROFR on our contract, at a time when they were being pretty aggressive in buybacks last year. At $71, I think you can be confident they'll pass on yours as well. As far as the closing date, if you get a fast reply from Disney, you may close in much less time than 8 weeks, especially if you and the seller get the paperwork executed and back to the closing agent in a timely fashion.

Anyway, WELCOME HOME !! (albeit a little early, but you should have no problem).

Brian.

 

[jimmytammy]

Sounds like a good deal to me. OKW at one time was the cheapest in points price but no more. It is pretty much commanding the same as the other resorts on resale market. Who told you it isnt a good deal may still be thinking in terms of years back when the price was lower.

My only advice is if you pass ROFR then get that trip booked and use those banked pts.

Good luck and pixie dust!!

 

[dianeschlicht]

Sounds like a fantastic deal! Be sure to come back and let us know if it passes ROFR.

 

[JimFitz]

Well I overnighted the deposit and contracts yesterday......no the wait begins.

I still hope I get a two bedroom in September!!

 

[rwcmath]

Pixie Dust for your success!

 

[dianeschlicht]

I don't think you will have any trouble. September, while it is a low point time, is usually also a low occupancy time. We have been in September twice, and my only complaint was the heat!

 

[jaysue]

Well done

cheers
jaysue

 

[JimFitz]

Just thought I would let everyone know that I just got a call from the closing company and we passed ROFR!!!!


Now I have 750 points that I need to figure out what to do with!!!

 

[calypso*a*go-go]

Congrats and ...
*WELCOME HOME*


P.S. If I were you I would use whatever points you need and rent the rest. That would bring down the cost of your initial investment considerably.

 

[dianeschlicht]

CONGRATULATIONS & WELCOME HOME!

 

[LIFERBABE]

Welcome Home

 

[snoopyandpooh]

I think it is a very good deal, imagine all those points you can use! Enjoy youself and hope to welcome you home soon!