Are you sure? I just looked at one of my old sales contracts and it states that if the SELLER defaults they are required to pay the commission and return the deposit to the BUYER so at least on mine there was a penalty.
Someone can correct me if I’m wrong, but if the seller is paying the 2025 dues, then you would not include that in the total price paid. You only include what you as the buyer are paying. So, I think yours would be $19,315 if I’m doing my math correctly.
Ooh I remember talking about this, and Gencon! Congrats on the great price! Welcome to the BLT club!
Also not sure how much recourse there is as a practical matter if the seller backs out. Unless they paid the commission up front, broker would need to take legal action to collect (and if they decide to do that, hopefully it isn’t an LLC)
Exactly. Too much of a gamble for my blood. I did take a huge gamble once buying resale but it paid off big time. $97 loaded aulani subsidized. But I can say the stress of the gamble may have shaved a year or so off my life.
I included 2026 dues bc I think you need to pay those at closing?
Yes since you will be in 2026 when you close.
Or they could use the same broker for when they get a better price, meaning a better commission and the broker may look the other way on the original one.
That thought crossed my mind too.
Ouch that's painful. I try to collect all my dues at 10 percent off at a minimum via DGC.Also in case you ever decide to buy again (you will) if you are buying close to the end of the year you also have to prepay dues at closing. I didn’t know that on one where I closed late in the year. I was so mad because I wanted to pay my dues with my discounted Disney gift cards. That was a painful one for me
same!!!!!
we submitted June 19.
