That is actually a one bedroom in the Turtle Pond area. It was delightful!
Sometimes being in the Back 40 is just where one needs to be to relax!That is actually a one bedroom in the Turtle Pond area. It was delightful!
Thank you! i will pass on to my wife.
SO i was reading on another forum that all contracts at one point were extended to 2057. How do you tell in a resale if they signed the quitclaim i think its called? if they didnt does that mean they default to expiring in 2057 since the resort is now 2057? That got me confused.
All direct contracts sold after 2007 have 2057 date. If bought before that date there was an option to pay per point to add the extra 15 years or sign quit claim if not extending. Disney won’t allow a non extended contract to go through until quit claim is signed. If original owner extended the deed then the extended deed passes to resale buyer
Ok, so what if they didnt sign it and ignored it? ( i saw this happened to some buyers reading elsewhere) If i were to put in an offer, will Disney require the seller to sign the Quitclaim before i get the contract, or can i step up and agree to pay the difference? This is where im confused. I see some coming up with 2057 and i was focusing on that, but then i read this.
Thank you! YES!! same use year is a a must! Were looking at April and June use years right now, as we usually typically travel in August. were looking at 160 as it will get us studios at 11 months for the time being for a few years, until we pay that contract off, and can add another say 100. We are shooting for OKW, because it feels homey, we dont mind "having to stay there" and Price per point is good. Maintenance is higher than SSR, but we just dont like that one... and dont want to have to stay there as a Plan B because its home.
do you get any card, or just a reservation number?
YIKES! yea that doesnt seem like a good deal. The more i think about it. Ill be 55 when the contracts up, my wife will be 61. will we still be looking to go as much 22 years from now? do we want to be locked into yearly dues that long. if so we can always slowly replace those points, have more for what we need now, and then downsize when the 2042 is up for the rest of the years we can travel if that makes sense?
Makes sense. Id hope that disney would say " hey we will let you stay for this many dollars per point until this year come 2042. Who knows. Still seems like a good starter contract i think. The card was just a curiosity for sure. wasnt sure how they did that. I guess to me it doesnt matter as long as my Magic Band opens my room etc. We get a 10 percent discount off 50 or more anyways through disney visa. I rarely buy anything under that as i wait and shop later on.
As of right now OKW is somewhere between 26-30% extended to 2057. DVC could buy back more and sell more direct with the extended date. I know they push new resorts, but buying it back at $90 and selling it at $156, that is easy money. They could, in a few years have it over 50% extended and by 2042 almost all extended. Maybe they are going to wait till the end and sell a 15 year contract for $75 pp. in 2042 it could be a great deal.
The more i think through it, a 2042 contract scares me less. I can always just buy more points, to replace, or see what disney offers then for it to be exended. hard to say what they will do.
