?'s on BLT Financing Terms and Pre-Purchase

[DVCDAVE]

Am I correct that BLT costs $112/point before the pre-offering discount? What is the discount? and When does the discount end?

Next, can anyone tell me what the financing terms are if you finance thru Disney? How much down payment is required? The interest rate used to be 10% if you allowed direct debit and 12% if you didn't. Is that still the case, even though interest rates have come down since I first purchased in 2000?

Finally, if you do a pre-purchase, does the loan start right away, or when the unit is finished and the closing takes place. (I'll assume the closing takes place AFTER a certificate of occupancy is given, and the building can then be offerred in to the system).

Thank you in advance for your answers (its been a long time since I bought)

 

[TiffanyW1]

Am I correct that BLT costs $112/point before the pre-offering discount? What is the discount? and When does the discount end?

Next, can anyone tell me what the financing terms are if you finance thru Disney? How much down payment is required? The interest rate used to be 10% if you allowed direct debit and 12% if you didn't. Is that still the case, even though interest rates have come down since I first purchased in 2000?

Finally, if you do a pre-purchase, does the loan start right away, or when the unit is finished and the closing takes place. (I'll assume the closing takes place AFTER a certificate of occupancy is given, and the building can then be offerred in to the system).

Thank you in advance for your answers (its been a long time since I bought)

As an add-on (already having financing with Disney), it is $112 per point. A $5 discount if you purchase 100 or more points only.
They require a 10% down payment & you get the preferred financing rate. Loan payments start approx 45 days after signing (our payments start in December) & dues don't start until BLT opens.