Possible to use these Pts?

[Mather50]

Hi all,

I have a contract in ROFR (8/22) right now that has 150 pts (Sept UY) from 2010 that arent banked per Fidelity. What are my options with those pts if we, with a miracles chance, have access to them after closing? I figure they are going to end up unused and wasted but wanted to make sure, since Im new to all of this stuff..

Thanks!

 

[Kidanifan08]

Sept 2010 UY points expire on 8/31/11. You may not even be through ROFR by then, but even if you are, it is unlikely that you would close before 8/31. Once you close, it takes about 2-3 weeks for DVC to load the points into the system, so by then you will be in your 2011 UY.

Unfortunately, I am not sure there is anything you will be able to do to save those points.

 

[vicki_c]

Hindsight, I know, but for others - you should have made your offer contingent upon them banking the points - it doesn't cost the owners anything but a phone call. Unless they were beyond their banking window, then of course, that wouldn't work. And now that I type all that - that was probably the case in this situation given the timing. But for others ...

 

[Mather50]

Aww boo...well given 8/31 is the cutoff there is absolutely no chance. I read that we have to bank a few months before the UY anyways so just wasnt meant to be. A shame because I likely wouldve offered more for those banked pts.

Well, thanks for all of the fast responses anyways guys!

 

[Kidanifan08]

I read that we have to bank a few months before the UY anyways so just wasnt meant to be.

For a September UY, April 30 is your banking deadline, to be exact! You will get to know this date very well if you get your contract.

Good luck with passing ROFR!!

 

[DenLo]

The September 2010 UY runs from 09/1/10 - 08/31/11.

Sometimes MS will give new owners a one time banking privilege and will bank the points afterwards. But since you might not close until after the points expire you could be out of luck. If MS allows you to bank them after closing, then the points have been banked into your 2011 UY, which runs from 09/1/11 - 08/31/12, you should be okay. And you will have to use them by August 31st, 2012.

 

[Dean]

Hi all,

I have a contract in ROFR (8/22) right now that has 150 pts (Sept UY) from 2010 that arent banked per Fidelity. What are my options with those pts if we, with a miracles chance, have access to them after closing? I figure they are going to end up unused and wasted but wanted to make sure, since Im new to all of this stuff..

Thanks!

Have your broker contact the seller and see if they can get DVC to bank them as a one time exception. They've done it in the past in some situations.