But again, the real question is: why are they buying back so much BCV versus all others?
Wow, 335 foreclosures (or equivalent) in two months is a LOT.
Especially when you realize that DVC sold most of their financing deals in the secondary market until it dried up a year or two ago. They really should not be holding that many mortgages...at least theoretically unless they had some recourse agreements.
2) Jim - I scanned the entire post a few times and could not see where your 335 Foreclosures was previously mentioned. I am not saying you are wrong - I am certain you are correct. But, am curious where that number came from?
My offer to buy 200 BWV points (16 this year, 200 more 08/11) just cleared ROFR at $50/pt yesterday.
Thats kind of a scary price for BWV. So much for Disney keeping the pricing up. Wonder if it slipped through the cracks or a sign of the times.
Hmm, our offer for BCV (DEC) 100 points at 80/point with 100 banked 09 points got ROFR'd 9/28.
Kevin and Mona
Thats kind of a scary price for BWV. So much for Disney keeping the pricing up. Wonder if it slipped through the cracks or a sign of the times.
I don't think there were any cracks that it slipped through. Looking at this thread was AWESOME information and I knew BCV was the one Disney was concentrating on and that BWV had no ROFRs in the past 3 months.
After I closed on this sale a DISBoard admin said he knows of a BWV sale at $33/pt in August. He didn't give any details beyond that, however.
Thanks - again heavily buying back BCV. Something is going on there.
My offer to buy 200 BWV points (16 this year, 200 more 08/11) just cleared ROFR at $50/pt yesterday.