Island Tower at Polynesian Villas & Bungalows

[disneylandtour]

We are existing members but added on VGC direct earlier this year - on site at DL. We did not finance but did spread out the payments on the Disney chase visa to get rewards. Our guide had us set up with a notary (online) but about 20 minutes before the appointment the notary sent an email saying that since we were not financing there was no need for a notary. The whole notary thing sounds pretty variable.

Perhaps the rules change state-to-state for timeshare purchases?

 

[RuntheMouse]

We had to use their online notary when buying direct and paying out of pocket (spread over 90 days), so not sure it's anything specific to loans

I didnt buy in FL, bought VDH, I didnt have anything notarized doing the 90 day pay.

As a recent update we bought direct without financing a few months ago and still had to notarize online with Disney. This is something new that they started doing. It wasn’t painful but both parties had to be available.

We were told this was a FL law change this year. We didn’t have to notarize in 2023 but did in 2024, paid with Disney Visa both times, no loans.

Super easy online through them.

 

[Disney_escape]

Assuming your son is not on your existing contract(s) this would generate a new member number I believe.

You should be able to add your son after the purchase since at that point your financing is secured but I believe you would have to add him to all of the existing contract(s).

Correct, if you want all your contracts under the same master member number and the ability to combine points on reservations, without using your once a year transfer, they need to all match.

 

[VGCgroupie]

We were told this was a FL law change this year. We didn’t have to notarize in 2023 but did in 2024, paid with Disney Visa both times, no loans.

Super easy online through them.

So weird we just bought, maybe I need to notarize and missed that part! I will have to go look

 

[disneylandtour]

So weird we just bought, maybe I need to notarize and missed that part! I will have to go look

I'm guessing it has to do from which state you bought a contract--not so much which state the timeshare is in.

 

[VGCgroupie]

I'm guessing it has to do from which state you bought a contract--not so much which state the timeshare is in.

ohhhhh okay maybe thats it then.

 

[MartyParty]

You're estimating that points would cost over $230pp. Hmmm. I think that would be a very hard sell.

No Pluto er I mean dog in this price/pp fight. I already have my Poly points.

I'm sure there will be incentives to start, however, on the DVC site: $225 for Riviera, Aulani, and The Cabins.

Hoping DVD starts off with some good incentives on Poly like they did VGF.

 

[Patsaizan]

We are Florida residents who added on with cash this year (direct) and still had to do a Notary for citizenship verification (we are born in the US, lifelong citizens). New Florida rule.

 

[nlenguyen]

They haven't announced a breakdown of room counts, however the DVC website has added the room types (without values) to the point chart calculator already.

Under "2 Bedroom Villa" they ONLY have Theme Park View listed.
View attachment 889397

Whereas if you select 2 Bedroom Lock-Off, they have Standard, Preferred, and Theme Park View options:
View attachment 889398

This is consistent with their cash bookings as well, which only have TPV dedicated 2BRs, and S/P only available as lock-offs.

I guess it's possible that this could change when the final charts are published, and they are simply choosing not to book any dedicated S/P 2BRs for cash, but I think it's extremely likely that this is all we're getting. (As somebody who would like to book S/P 2BRs, I'm not thrilled!)

They did something similar with VDH, there are no standard 2 bedrooms or 1 bedrooms.

 

[Lorana]

Okay. Let me get this straight.

1. I can put down payment on my dream 150 point direct Poly contract on a card instead of using the cash I have saved.

2. I can split this payment ($7,000) over 90 days, at which point the Disney Direct financing will take out the rest of the balance. And I could use my Disney Visa to stretch that another 6 months?

3. I am a member for more than a year and would agree to auto draft so I could get 8.99% that would start after the 90 days are over. with an October 1 buy that might be January 1 first payment?

4. As soon as I have points in my account I can market my resale to pay down the loan?

4. I can pay the balance of the loan next April with my retirement bonus WITH A CREDIT CARD?

YES.

That is literally what we did. And as an existing owner, no hit to our credit report.

 

[TinkAgainU]

We are Florida residents who added on with cash this year (direct) and still had to do a Notary for citizenship verification (we are born in the US, lifelong citizens). New Florida rule.

I bought a DVC FL Timeshare Direct (California resident) and also had to Notarize a form clarifying my Trust - something none of the resale Escrows required to buy or sell in DVC Resale in Florida. Disney Direct has it's own set-in-stone theories for paperwork - which they offset with there "here's your points" approach which is very alluring.

 

[mkatsy]

We are Florida residents who added on with cash this year (direct) and still had to do a Notary for citizenship verification (we are born in the US, lifelong citizens). New Florida rule.

That’s a Florida real estate law (2023).There are six counties who’s citizens have restrictions placed on who is permitted to own (Iran, China, Russia, Venezuela, Cuba, Korea, Syria) in Florida.

 

[maui22]

Florida Timeshare license for PVB is under review.

Escrow agreement amended to include language for assurance in lieu of completion of construction equipment

Might this indicate the reason for the delay on sales was because it was not completed enough?
Or maybe some elements will not be completed in time for opening? This didn't happen when PVB Tokelau had to be completed after opening, but laws may have changed.

https://www.myfloridalicense.com/AdditionalInfo.asp?SID=&licid=5886708



Edit: they just updated the wording

Comment: Escrow Agreement - Adding language pursuant to 721.08(5)(b)., FS for conditions providing an alternate assurance in lieu of any requirement that completion of construction of one or more accommodations or facilities of a timeshare plan be accomplished prior to closing.

Edit 2: it is now marked as approved.

 

[disneylandtour]

Florida Timeshare license for PVB is under review.



Might this indicate the reason for the delay on sales was because it was not completed enough?
Or maybe some elements will not be completed in time for opening? This didn't happen when PVB Tokelau had to be completed after opening, but laws may have changed.

https://www.myfloridalicense.com/AdditionalInfo.asp?SID=&licid=5886708

View attachment 889830

Maybe it's some of the public areas that aren't complete (or not complete enough)? With Tokelau, I don't recall that affecting any public areas--just anyone who would (in name) buy into that building. Tokelau is next to the pool--but did its late opening affect the pool?

 

[maui22]

Maybe it's some of the public areas that aren't complete (or not complete enough)? With Tokelau, I don't recall that affecting any public areas--just anyone who would (in name) buy into that building. Tokelau is next to the pool--but did its late opening affect the pool?

You may be right.

We stayed in Moorea shortly after opening. Tokelau was under construction during our stay. Both pools were open. (Although, those who remember the first year recall the hot tub at the lava pool was closing often). During the stay, they were frequently stopping pedestrian traffic walking past Tokelau. (We got to talk with the guy stopping traffic a lot during that stay).
One thing with that construction though, we could see into the Tokelau (lagoon half - Moorea side) rooms at night. Many of them were entirely completed. We guessed they were working from the lagoon side toward the bus stop side.

One thing I'm wondering is Island Tower railing should be close to 70% installed. Based on lighting pictures at night, it may also be 70% complete inside. Didn't someone @mkatsy post awhile back that they are required to have a certain percentage completed before some steps can happen. In the case of Tokelau, they may have already had 70% completed between bungalows, Moorea, Pago Pago, plus some Tokelau rooms completed?

 

[maui22]

I just looked at BPK addition to VGF. I believe the last update BPK/VGF specific update to the timeshare license was an escrow agreement. If this is correct, once this document review is completed by Florida there may be no more legal hurdles for Disney to start sales. Entirely up to then on when they opt to start sales.

 

[Phatscott25]

I just looked at BPK addition to VGF. I believe the last update BPK/VGF specific update to the timeshare license was an escrow agreement. If this is correct, once this document review is completed by Florida there may be no more legal hurdles for Disney to start sales. Entirely up to then on when they opt to start sales.

Here's to hoping once this one is approved they finally release the information and put this thing on sale!

 

[Mai Ku Tiki]

Here's to hoping once this one is approved they finally release the information and put this thing on sale!

POINT CHARTS FIRST, PLEASE Like NOW, PLEASE!

 

[Phatscott25]

POINT CHARTS FIRST, PLEASE Like NOW, PLEASE!

Haha right!

 

[TinkAgainU]

POINT CHARTS FIRST, PLEASE Like NOW, PLEASE!

Awww, if only ASKING IN CAPS could make it happen