The VGF 2 pricing thread

[krysib]

OK-officially waiting a full week now. Guide was out over the majority of the weekend, turns out paperwork the guide filed Thursday had errors and needed more info. Got that resolved Monday and asked for title insurance removal. Can't seem to get a set of docs without errors (awaiting my third fifth set).

two weeks in and just found out they have to rewrite my contract and start over. So just FYI-if anyone else's guide neglected to remove title insurance they will have to rewrite. Sounds like others are having issues as well so wanted to share my experience.

 

[Paul Stupin]

two weeks in and just found out they have to rewrite my contract and start over. So just FYI-if anyone else's guide neglected to remove title insurance they will have to rewrite. Sounds like others are having issues as well so wanted to share my experience.

All this hassle to remove title insurance doesn‘t seem worth it.

 

[ninafeliz]

All this hassle to remove title insurance doesn‘t seem worth it.

I have to agree. I know every penny counts, but wasn’t it like $170 on a ~$55,000 contract (on our case)? I’m very glad I read about removing it too late to even try to do so. We are long paid and done, and got the luggage as well lol.

 

[krysib]

I have to agree. I know every penny counts, but wasn’t it like $170 on a ~$55,000 contract (on our case)? I’m very glad I read about removing it too late to even try to do so. We are long paid and done, and got the luggage as well lol.

Yep! Had I read someone’s experience like this I would probably feel the same. Live and learn…
Oh well-I’ve got the luggage set and have had points in the account for a week. Eventually they will figure out how to bill me for it!

 

[gkrykewy]

Yep! Had I read someone’s experience like this I would probably feel the same. Live and learn…
Oh well-I’ve got the luggage set and have had points in the account for a week. Eventually they will figure out how to bill me for it!

did you receive the luggage already??

 

[KAT4DISNEY]

All this hassle to remove title insurance doesn‘t seem worth it.

And Disney loves every extra penny that people fling their way.

Intentional or not one of the simplest thing for a business to do to get a few extra bucks is make something a little difficult for a customer to change that in the grand scheme of things "is not much".

In that regard it's well worth it to have them do what you have asked.

 

[ninafeliz]

And Disney loves every extra penny that people fling their way.

Intentional or not one of the simplest thing for a business to do to get a few extra bucks is make something a little difficult for a customer to change that in the grand scheme of things "is not much".

In that regard it's well worth it to have them do what you have asked.

So true. Didn't one of the fast food chains get in trouble a long time ago because they were shorting each burger patty by something tiny like 0.25 oz, and it saved them million? However, I'm going to try to believe that this is on there for a reason, not that they are trying to rip everyone off. I do tend to be someone who over insures, so it fits me that I wouldn't fight to get an insurance off of my bill lol. I always think I'll be the one who has a problem and needs whatever I chose not to pay for...

 

[Paul Stupin]

And Disney loves every extra penny that people fling their way.

Intentional or not one of the simplest thing for a business to do to get a few extra bucks is make something a little difficult for a customer to change that in the grand scheme of things "is not much".

In that regard it's well worth it to have them do what you have asked.

Normally I’d agree, but if I wanted the luggage (which I do) and needed the points relatively quickly to book a vacation, I’d sooner pay the fee rather than have the entire process delayed for weeks.

 

[krysib]

did you receive the luggage already??

Caught me-poor choice of words. I have signed the “travel set” addendum within the contract documents and have been assured I was one of the first 500.

Time will tell!

 

[Redheadprincess]

I think they'll stay on track with the resale restrictions, especially on big fancy new construction. Why wouldn't they? (Rhetorical question!)

There is the thing about those bungalows not getting used. If they roll the points into the original Poly association they can redistribute them.

 

[Sandisw]

There is the thing about those bungalows not getting used. If they roll the points into the original Poly association they can redistribute them.

There are some who believe they can not.

 

[KAT4DISNEY]

So true. Didn't one of the fast food chains get in trouble a long time ago because they were shorting each burger patty by something tiny like 0.25 oz, and it saved them million? However, I'm going to try to believe that this is on there for a reason, not that they are trying to rip everyone off. I do tend to be someone who over insures, so it fits me that I wouldn't fight to get an insurance off of my bill lol. I always think I'll be the one who has a problem and needs whatever I chose not to pay for...

It doesn't take much for a large corporation to squeeze out a lot of extra income. The title insurance is part of most real estate transactions but not necessary in this case when purchase a timeshare from the developer that is eventually going to get it all back. What shouldn't be difficult is for them to remove it. Some of the resale brokers used to have you opt in on it but it seems like recently it's more of an opt out.

Normally I’d agree, but if I wanted the luggage (which I do) and needed the points relatively quickly to book a vacation, I’d sooner pay the fee rather than have the entire process delayed for weeks.

It won't be risking or removing the luggage to get it corrected.

DVC needs to do better at something like this.

 

[SleeplessInTO]

Normally I’d agree, but if I wanted the luggage (which I do) and needed the points relatively quickly to book a vacation, I’d sooner pay the fee rather than have the entire process delayed for weeks.

The rewrite of the contract did not impact luggage or points. They messed up the title insurance on mine and sent me new documents 4 or 5 days later. I still get the luggage and my points were in my account all along.

 

[Matty B13]

When do current direct purchase incentives expire?

 

[Nabas]

When do current direct purchase incentives expire?

March 30

 

[CarolMN]

The title insurance is part of most real estate transactions but not necessary in this case when purchase a timeshare from the developer that is eventually going to get it all back.

I'm not so sure this is a true statement. There is still risk involved with a developer sale.

Title insurance also protects against things like clerical errors and mistakes, i.e., a typo in the unit number or processing errors by the registering county. Perhaps those would not be so hard to correct if caught right away, but as time passes, it could make for a lengthy and possibly expensive process. For me, it's worth the relatively small extra $$ amount for peace of mind.

 

[Sandisw]

I'm not so sure this is a true statement. There is still risk involved with a developer sale.

Title insurance also protects against things like clerical errors and mistakes, i.e., a typo in the unit number or processing errors by the registering county. Perhaps those would not be so hard to correct if caught right away, but as time passes, it could make for a lengthy and possibly expensive process. For me, it's worth the relatively small extra $$ amount for peace of mind.

Exactly why I decided against removing it. In the end, it would be my luck to have issues!

Given what I spent, over time, that extra $340 (for the two different contracts) wasn't enough for me to worry. That worked out to about $1/point extra.

 

[Chuck96]

I think I'll lean towards the title insurance for the same reason. If I get it, it will be a waste of money and go unused. If I don't, inevitably something will happen and I'll wish I had it a few years from now.

I do have a few questions for the diligent group that continues to examine this thread. I'll be purchasing when the opportunity makes its way to the non-members, at the end of the month. I've asked these questions in years past, but as the rubber is about to meet the proverbial road, I'm going to review my thinking with smarter and more experienced members.

1) I'm buying in at 150-160. Been looking at resale for years, but wife wanted direct and we'd already planned (but not reserved) a vacation this December (pre-Christmas). Getting in VGF with "reasonable" direct pricing is a great opportunity. We plan about 5-6 days every year, or a nicer room every other year (if banked points allow). DS headed to college in the fall (only child), so some trips may be just us, and some will be with him and whoever he eventually cons into participation. 150-160 gets me 5 days (and change) in Travel Periods 1-5.

2) I think a September USE YEAR makes the most sense. We typically go in SEPT/OCT (and maybe NOV, going forward) or after Christmas (JAN/early FEB). I expect in the years to come that a few summer trips will happen, but never late JUL or AUG. I'd rather eat points than walk around Orlando in AUG. SEPT allows me to bank points as late as 30 APRIL, correct? Still some risk for summer trips, but that's ok.

3) Wife is travelling starting on 1 April, so paperwork may take a few days on our end. Is that any sort of issue? I'll just have to fax or email. Do they allow digital signatures, or is it pen and paper and snail mailing manually signed documents? Not a big deal, just planning out.

4) Base price point. I am in at $207/point base. That's what is is this month. Do they typically raise prices when points go on sale to new members? I understand the incentives will change (and not be quite a good), but I'm sort of counting on that $207. Should I be more wary?

Thanks for any advice or suggestions.

Very Respectfully,
Chuck

 

[smmora]

3) Wife is travelling starting on 1 April, so paperwork may take a few days on our end. Is that any sort of issue? I'll just have to fax or email. Do they allow digital signatures, or is it pen and paper and snail mailing manually signed documents? Not a big deal, just planning out.

Was completely digital with DocuSign

 

[wnielsen1]

There are some who believe they can not.

I'm one of those, but they'll do what they want (treehouses).