One large contract or two smaller contracts.

[Mbacherfhd]

I am considering purchasing into DVC. I think 250 points is the right amout for my family and I. Is it advised to purchase one contract for all the points at the same resort or possibly purchasing 200 points at one resort and a 50 point contract at a different resort? If two contracts are recommended, what is the advantages to this? Does this allow you to get the 11 month priority at two different resorts? New to this and trying to figure it all out. Thanks for your help.

 

[vicki_c]

It's recommended to buy split your purchase into smaller chunks because it's easier to sell if you decide to do that.

As for multiple resorts, many people do that to get home booking advantage at multiple places. But your points from the other resorts you own don't get that same advantage - they couldn't be used to book the non-home resort until 7 months.

If I were to purchase another contract at a different resort (which I would like to), I would buy enough points there to cover at least 1/2 of a typical trip - with the idea that one year I would visit resort A, but bank resort B points. The next year I would use 2 years worth of resort B points and bank resort A points, etc., etc.

 

[drusba]

It is advisable even if just purchasing at one resort to divide it more like maybe three or even four contracts if you can do it and still get full discounted point price and pay only one closing fee (the latter is important, you want to make sure you get full discounted price on all points and pay only one closing fee when making divisions) There are only two reasons for doing so at the same resort: (a) someday you may want or need to sell part (or even all) of your interest; lower point contracts sell better in the resale market than higher point ones; (b) someday you may want to give (will) kids an interest and if you have three kides, you will want three contracts to do that because the interest in any one contract cannot be divided.

If you buy at two resorts, you cannot mix them at 11 months out for the same resort -- only points identified with a resort can be used at 11 months, the others at 7. You can do yearly splitting of where you stay so that each year you stay at a different resort reserving 11 months out and bank points for the other resort and then the next year stay at the resort reserving 11 months out and using two year's worth of points.

 

[Sandisw]

If you choose to own at more than one resort, be sure that you buy enough points to book what you want with those points.

We origianlly owned 130 BLT and 50 VWL. But, for my typical 6 night trip, I realized that I could not book the entire trip at 11 months without borrowing, which I did not want to do.

My 50 at VWL were not enough for two nights and my BLT contract could only book 4 nights. That meant I had to wait until the 7 month mark to book my last night which I didn't like.

I sold VWL and now own all 180 points at BLT. Whatever you decide, definitely break the 250 up in to smaller contracts so that you have the flexibility down the road to sell off some of your points if you had to. If you don't, it would be all or nothing.

It seems to be much easier to sell a 100 point contract than a 250 point one.

Good luck!

 

[disneynutz]

We buy in 250 point blocks, 50 points per contract.

Bill

 

[Mbacherfhd]

We buy in 250 point blocks, 50 points per contract.

Bill

How can you book a weeks stay at one time with 5 - 50 point contracts? Do you have the same UY, so all points are available at one time?

 

[Mbacherfhd]

If you choose to own at more than one resort, be sure that you buy enough points to book what you want with those points.

We origianlly owned 130 BLT and 50 VWL. But, for my typical 6 night trip, I realized that I could not book the entire trip at 11 months without borrowing, which I did not want to do.

My 50 at VWL were not enough for two nights and my BLT contract could only book 4 nights. That meant I had to wait until the 7 month mark to book my last night which I didn't like.

I sold VWL and now own all 180 points at BLT. Whatever you decide, definitely break the 250 up in to smaller contracts so that you have the flexibility down the road to sell off some of your points if you had to. If you don't, it would be all or nothing.

It seems to be much easier to sell a 100 point contract than a 250 point one.

Good luck!

Just to make sure I understand this. For example if I were to purchase 150 AKV and 100 SSR. I could book up to 150 points at AKV at 11 months in lets say a studio and then 4 months later call up and borrow my 100 SSR points and upgrade to a 1 or 2 bedroom if there is still availability. Or if my primary resort that I want to stay in is AKV is it advisable to have my UY at SSR 4 months prior to my AKV UY so my SSR points are already available when booking at AKV? Wow, I never thought there would be so much strategy in buying at DVC.

 

[disneynutz]

How can you book a weeks stay at one time with 5 - 50 point contracts? Do you have the same UY, so all points are available at one time?

That correct, 1 UY.

I would never recommend that a member have more than 1 UY, the benefits don't outweigh the problems that you can have with multiple UY's.

Bill

 

[ldo]

all points with the same UY and same resort owned under the same name are aggregated for reservation purposes. So, there is no difference in 1 contract of 250 points with a sept UY at BWV and 5 contracts of 50 points with sept UY at BWV, assuming same ownership--meaning you can't have a contract with 1 kid, then another kid, one single, one with your wife, etc.
If you have different ownership, different resort or different UY, then they are separate contracts---and if you buy at the same resort you really want the same UY. You should always think about a exit plan, even if you never intend to sell---so do smaller contracts--I think anything under 100 points is good. For 250 points, I might do 75/75/100 or just do 75/75/75 and make it 225 points. I don't see a huge advantage to 50 vs. 75 points, but many like 50 points--it seems to be about the lowest amount someone wants to buy to get into DVC, but I see the 75s go just a quickly. If you want to have home resort advantage at a 2nd resort, I would buy at least 75. Even with banking and borrowing, 50 does not get you very far.

 

[tksbaskets]

We have two children and two contracts. Both 150 pts. I do dream of an add-on at the Grand Californian but something always comes up preventing us from pulling the trigger....like an Alaskan cruise on the Wonder next summer

 

[chalee94]

Just to make sure I understand this. For example if I were to purchase 150 AKV and 100 SSR. I could book up to 150 points at AKV at 11 months in lets say a studio and then 4 months later call up and borrow my 100 SSR points and upgrade to a 1 or 2 bedroom if there is still availability.

yep - your SSR pts are no good for booking AKV at 11 months out, and vice-versa. if both contracts are under the same member number (which means they both would have the same UY month), then you can combine pts at 7 months out to book whatever resort has availability.

Or if my primary resort that I want to stay in is AKV is it advisable to have my UY at SSR 4 months prior to my AKV UY so my SSR points are already available when booking at AKV? Wow, I never thought there would be so much strategy in buying at DVC.

it is much easier to get both contracts with the same UY month.

use year month has nothing to do with when you can call to book. nothing at all.

here's a useful thread for more info:

http://www.disboards.com/showthread.php?t=1942668

my oct 2012 pts are already "available." i can see them online. but i can't actually book anything with them until i hit the 11 month window at my home resort.