Question about buying a contract with banked points

[DisneyLoverUSA]

Let me share our story as if was very similar to yours and I was surprised how the points were handled. We bought 160 points SSR resale last year Dec UY. Contract was fully loaded with 160 2009 points banked, all 2010 and 2011 points as well. Knowing that we had points that had to be used in the next 10 months, we made plans to visit SSR shortly after buying. When we finally closed and got online, my points were loaded as follows: 0-2009 points, 320-2010 points, and 160-2011 points. The 2009 banked points came over as 2010 points and it clearly stated that all 320-2010 points were available to be banked. That would have given us another year to plant a trip.

I'm so glad that we went soon after closing though. That's when it felt like we really had done it.

Best of Luck!

That would be awesome if mine came up like that but I am not as hopeful because those 2010 points have already been banked and the seller is about to bank the 2011 points. It would be amazing though if my points showed up like that.

 

[DisneyLoverUSA]

5.00 a point is really cheap and I do not see why you could not get at least 8.00 - 9.00 in a quick rental. I would at least contact David's rentals and Timeshare store rentals to see if they could get you at least 7.00 pp for a rental! Good luck and congrats

I contacted David's and he has a little chart where he suggests what you should charge for "distressed" points that are about to expire and he suggest a good price to sell them for to make sure they sell is about $7 per point, BUT he gets a $3 cut of the money. So I would be giving the points away for $4 a point if I went through him. I am going to try to go through the guy who guarantees me $5 per point. That's 150 more dollars than David's thinks I can get for the points.

I may put up a thread on the RENT/TRADE board for about one week or so before I get rid of them through the guy. If nobody wants or needs them in a week or so then I will do the $5 a point thing. But only getting access to the points in May and then trying to find availability for June, July or August might be almost impossible.