Points question

[DVCKaren]

We are waiting to close, and we will not close until after May 31. Our use year is Dec....we want to bank our 2001 points to use in 2002, however, since we will not close until after the our time frame when we can bank 100% of our points, will we still be able to?

Our guide said it shouldn't be a problem, but I just want to find out other's experiences with this....if there has actually been a problem, or if it has been done without any problems at all. Thanks!

 

[drusba]

If you are buying resale it is a problem as you cannot bank until you close and you won't be able to bank if you close late. However, it sounds as if you are buying from Disney. When you received that large pile of paperwork and contracts that you signed, did you sign a form that stated you wanted to bank your points upon closing and directing Disney to do the banking? Check your copies to see if you did. If so, your points will be automatically banked upon closing. If you did not receive the form or did not fill it out, check with your guide to assure that the points will be banked. This is usually no problem for a new purchaser even if closing is beyond the banking date.