New Restrictions Announced on Resales: Effective Jan 19

Discussion in 'DVC-Mousecellaneous' started by 3 Hobbits 2 Disney, Jan 6, 2019.

  1. Matty B13

    Matty B13 DIS Veteran

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    I've picked up my 3 resale contracts from people who sold their contracts in under 3 years, 2 of them in under 2 years. All of them bought direct and managed to walk away about even, at most I think one family lost $5000 at most. So yeah, people are going to lose their shirts on Riviera if not just walk away from the contracts.
     
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  2. Wakey

    Wakey DIS Veteran

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    My latest one, they bought in 2017 (with a mortgage/ loan on a 100 pointer, suspect they were in financial difficulty, or divorce) and just sold to me- only kept for a year and a half resale. They made money, around $3k after fees but I am unsure how much deposit they will have put down- may have been less profit (albeit it looks like they never used the points so we had a year nearly banked)- those days will be a thing of the past I suspect on Riviera.
     
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    DIS Sponsor Disney Vacation Club Resales www.dvcstore.com


  4. TCRAIG

    TCRAIG Member Since 2010 SS/OKW/HH/BCV/WLV/BLT/GF

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    I’m just glad I’m old and have lots of grandfathered points - if these new restrictions were in place when I first bought - I doubt I would have bought - and my first 5 contracts were resale...
     
  5. motherof5

    motherof5 Registered

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    I think it's worst for Rivera buyers then anyone else honestly.
     
  6. kniquy

    kniquy DIS Veteran

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    Completely agree. I think current owners are ok. It is the new generation of direct Rivera who will be in for a shock.
     
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  7. SpaceMountain77

    SpaceMountain77 Kidani Villager Victorian Gentleman Turtle Trekker

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    It will be Illuminations. Instead of Illuminations: Reflections of Earth, it will likely be Illuminations: Windows to the World.
     
  8. motherof5

    motherof5 Registered

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    when is this starting?
     
  9. SpaceMountain77

    SpaceMountain77 Kidani Villager Victorian Gentleman Turtle Trekker

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    Illuminations: Windows to the World will begin after the limited engagement Epcot Forever runs its course.
     
    Last edited: Jan 13, 2019 at 8:43 PM
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