Originally posted by drakethib
When do you pay your first maint fee and I was told that SSR won't be available until May 2005. So if someone were to buy today when would the main fee be do and when would your first points be available?
I'm taking a guess at this one. There are several unknown factors involved at SSR.
First, the building that you would legally own a piece of does not fully exist yet. DVD is still constructing it. Even though
DVC allows us to stay at ALL of the resorts in the program, you don't have access to that priviledge until YOUR unit is part of DVC. In other words, you can't stay in a unit that someone else owns until your own unit is ready for occupancy.
Given the May date you cited above, my guess is that the points DVC is trying to sell you are in a building that is not scheduled to open until sometime in May. If that assumption is correct, you could not stay at any DVC resort until your unit is ready for occupancy.
There is also a Use Year consideration. Your Use Year deteremines when you receive your annual allotment of points. You have to have the points available as of your check-in date. However, you can always borrow one year in advance. So, even if you were buying a December Use Year (with first points coming in Dec '05), you could still borrow them and stay sooner.
So, that sends us back to the May construction date as the most relevant.
Maintenance will depend on your actual Use Year. If you buy a December Use Year, you should only pay 1/12th of the 2005 dues. Those would be paid in December. If you buy an earlier UY, the dues will be prorated accordingly. If you have a Feb, Mar or Apr UY, payments will likely begin in April or May.
You'll need to ask a few questions of your Guide in order to be certain where you stand. Here are the questions to ask:
1. What is my Use Year? In most cases you can pick any Use Year that you want. If your travel patterns are consistent (you normally visit during the same approximate time annually), then you want a UY that immediately PRECEEDS your typical travel dates. If you travel at different times or anticipate your patterns will change in the future, the Use Year really doesn't matter.
2. Ask them the earliest date at which you will be able to use your points. Again, this is likely tied to the construction schedule.
3. Ask them when dues payments will begin. The amount will depend on both the Use Year and opening date of your unit. But DVC should be able to tell you the exact date at which they will begin to debit your account.
Also, I read somewhere on the board if someone was to buy from Disney you could pay the balance off with your Disney Visa (for the bonus points). Is that correct? I know the interest is high but we would pay off the balance immediately as long as we could get the points.
Yes, you can do that. You cannot schedule your recurring monthly payments to be charged to a Visa card (bank account debit only), but you can schedule one-time payments to be charged to a credit card, and that would include paying the balance due on the note.
