please push us over the edge

[iggypops]

On Thursday I made a verbal offer on OKW (resale) and the offer was accepted. My next step is to sign the contract and attach a check (20%deposit). We have done the DVC tour at Disney World, searched the internet extensively, and even spend hours on this board reviewing past threads. The wife and I however, are still having cold feet.

We are purchasing 300 points at $72.00 dollars a point. Upon taking ownership of the property we will have 600 points available with the 2007 and current UY. I feel we are getting a good deal. Are we??? I’m having such difficulty writing that check; $21,600.00 dollars......yikes! . . . I know it's what my wife and I want. . . but my brain keeps computing the numbers.

 

[RobDoc]

That sounds like a good deal. The offer will now be submitted to DVC for ROFR - they have up to 30 days - and then the closing can proceed. Please post in the ROFR thread on DVC Operations to track the results.

Enjoy!

 

[CraftyMouse]

I think you are getting a great deal! The key, for me, is that you are not buying a stripped contract...ie, you will have points available right away. OKW is a fantastic resort (our home too!) and the price per point is competitive.

So...<push, push, shove>...can I say "Welcome Home"?

 

[PIERCEDRN]

Welcome Home!!!!
Take into consideration that the 600 points you are getting are worth about $6000 on the open market. Many contracts for a few hundred less are stripped and have no points until 2009 or 2010. A loaded contract is always a great deal. That may make writing that huge check a little more enjoyable!
BOB

 

[Caskbill]

It is a good deal. Here's hoping DVC doesn't think it's too good of a deal and decides to take it via ROFR.

I assume it has the 2042 expiration date and not the extended, 2057 expiration.

 

[keishashadow]

must say im luving the name of the thread

it's a big contract & a big check to write ; go with your gut!

let us know what happens, good luck

 

[Disney_Villain]

For our 1st contact we bought 230 OKW points in 2006 for $80/point and thought that a good deal - but yours is far better (provided you make it past ROFR)!

If you don't pass ROFR, be patient and try again. We failed ROFR the first time for a 200 point OKW contract at $76/point.

Hope you pass ROFR!

 

[Coach81]

*PUSH*

Congrats and Welcome HOME!!!!

 

[iggypops]

Well I took the leap and the check was sent out today. Now it’s in the hands of Disney (rofd). I will keep ya posted. . . . . .

 

[CraftyMouse]

Welcome Home!