Put my aulani offer in

[PSUDinsey]

Emailed my offer tonight (friday) around 5pm. Lets see what happens- 160 points

 

[Matty B13]

Emailed my offer tonight (friday) around 5pm. Lets see what happens- 160 points

Good luck!

 

[PSUDinsey]

Getting some conflicting information-

How much are subsidized maintenance fees reduced?

The fees from 2015 were 6.51 vs 4.89 doesnt that make aulani the most cost effective contract?

 

[yaknyeti]

$5.17 good luck

 

[mustinjourney]

Getting some conflicting information-

How much are subsidized maintenance fees reduced?

The fees from 2015 were 6.51 vs 4.89 doesnt that make aulani the most cost effective contract?

I think it does for the moment, but I'm assuming people are assuming that the fees will rise the maximum amount each year (I think the limit is around 15% per year) -- which would make it not the best deal within a few years.

*update -- now that I'm looking at the historical MF price -- that certainly isn't true. Rather, it appears that the subsidized and regular both get increased at about the same rate. Is that b/c they have to increase both of them the same %?

 

[PSUDinsey]

I think it does for the moment, but I'm assuming people are assuming that the fees will rise the maximum amount each year (I think the limit is around 15% per year) -- which would make it not the best deal within a few years.

*update -- now that I'm looking at the historical MF price -- that certainly isn't true. Rather, it appears that the subsidized and regular both get increased at about the same rate. Is that b/c they have to increase both of them the same %?

The subsidized contracts receive a discount from whatever the mf's are - of around 25%.

 

[KAT4DISNEY]

I think it does for the moment, but I'm assuming people are assuming that the fees will rise the maximum amount each year (I think the limit is around 15% per year) -- which would make it not the best deal within a few years.

*update -- now that I'm looking at the historical MF price -- that certainly isn't true. Rather, it appears that the subsidized and regular both get increased at about the same rate. Is that b/c they have to increase both of them the same %?

They cannot have higher increases on the subsidized to catch them up to non-subsidized. Just like VB, there will always be a spread between the two.

 

[mustinjourney]

They cannot have higher increases on the subsidized to catch them up to non-subsidized. Just like VB, there will always be a spread between the two.

Wow -- no wonder that guy got fired. So how come AUL points aren't considered a better deal than SSR? Are there just too few of the subsidized contracts floating around that it's just not a feasible option?

 

[KAT4DISNEY]

Wow -- no wonder that guy got fired. So how come AUL points aren't considered a better deal than SSR? Are there just too few of the subsidized contracts floating around that it's just not a feasible option?

A couple of reasons I believe. The Aulani contracts are still more per point than what you can get SSR for - at least the last I looked. And SSR is onsite at WDW and it's better to own at the location where you will use it most IMO - even if you plan to try and move. SSR has a longer established history with low dues than Aulani and with that resort it still is Hawaii which is expensive and probably more likely to see higher percentage increases vs SSR. And yes, there are more non-subsidized contracts for sale so it may not always be possible to get the subsidized.

 

[PSUDinsey]

So I heard back- international seller- 76 2016 February UY points remaining on contract. Will they be usable?

 

[KAT4DISNEY]

So I heard back- international seller- 76 2016 February UY points remaining on contract. Will they be usable?

They did not bank them? Last day to do that was Last Friday, Sept 30th.

 

[PSUDinsey]

They did not bank them? Last day to do that was Last Friday, Sept 30th.

I asked them to check if they are banked they expire the first day of feb 2017?

950 closing costs with title insurance plus a 195 admin fee seem reasonable?

 

[mustinjourney]

with it being an international seller -- once you've passed ROFR, make sure the title company tells them that the sellers need to schedule an appointment with a notary at their local US embassy. Depending on the country, it can take a couple of weeks to find availability...and usually they will also need to bring their own two witnesses (the embassy usually will not provide witnesses).

If they wait until after passing escrow to book their appointment, you will have further delays for closing and it will make using those FEB points even more difficult.

 

[PSUDinsey]

I'm thinking what in my mind was a great deal is now just a fair deal.

 

[KAT4DISNEY]

I asked them to check if they are banked they expire the first day of feb 2017?

950 closing costs with title insurance plus a 195 admin fee seem reasonable?

If they are banked they will expire after Jan 31, 2018. If they are not banked then they will expire after Jan 31, 2017.

The closing costs seem to be fairly comparable to other Aulani contracts of that size. By the $195 admin fee I'd guess you are working with Fidelity? There are other brokers who do not have that cost, but depending on the deal that may still be worthwhile paying.

 

[PSUDinsey]

Yes fidelity,

Ok so assuming I close December January - i will still be able to use those points for a full year, assuming they banked. Are banked points rentable? If I understand correctly they can be used after the 2017 use year starts.

 

[KAT4DISNEY]

Yes fidelity,

Ok so assuming I close December January - i will still be able to use those points for a full year, assuming they banked. Are banked points rentable? If I understand correctly they can be used after the 2017 use year starts.

Yes, if banked they could be used for stays anytime from Feb 1, 2017 thru Jan 31, 2018. Any point whether banked, current or borrowed may be used to make a reservation to rent. Only transferring is restricted to current points.

As far as if it's a good deal or not have you looked at other sights for Aulani contracts? Be certain to consider the overall deal - points available (including banked), price per points, UY - and if you'd be able to use all the poitns coming, dues payable.

 

[PSUDinsey]

Flat out denied my offer - certainly surprised I was absolutely expecting a counter offer.

 

[Matty B13]

Flat out denied my offer - certainly surprised I was absolutely expecting a counter offer.

I had the same thing happen on an AKV contract we put in an offer on, it was low, but thought we would get a counter offer. Oh well, we went on to another contact and should be getting our points this week.

 

[mustinjourney]

Yeah, if the don't counter then just move on to the next.