questions-in the process of buying

[jona8484]

I'm in the process of purchasing a resale at BW but I have a couple of questions. The use year is June and there are 174 point available (24 banked from last year). If I want to bank 150 points for use in November of 2003, when do I have to bank them by to get 100% usage? We probably won't close until mid November so I'm a little worried about losing the value of those points. Also, can anyone tell me who I conact to confirm the availability of points on the property? Lastly, what happens to the 24 points banked from 2001? If anyone can help, it will be greatly appreciated. I'm so excited about this and I can't wait to come home!!!

 

[RobDoc]

You will have until November 30 to bank up to 100% of your points. The 24 already banked from 2001 must be used by May 31, 2003. They may not be banked again.

The points available in the contract will be confirmed by the closing company and your title insurance company with Disney's help.

Good luck with the closing!

Welcome Home soon!

 

[cdorval]

Have Oct 5 closing date for BC. We will also have a June User year. Booklet we received states you have to book by November to get 100%.
If you can go to WDW in early Dec or month of January (value season) you could stay in a studio for at OKW for 8 pts a night - 24 pts will get you a 3 night stay.
Seems like alot of people sell their points.

Counting the days til we can say "we're going home to WDW".

Good luck

 

[CarolMN]

If you are worried about not closing in time to bank, you could ask the seller to bank the points for you.