The "Waiting for ROFR" support group thread

[Tigger & Eeyore]

If I remember correctly, we're going to be there at the same time, right? We're alos going to be at SSR in a 2-bdrm 8/18-23. We also requested either the Springs or the Grandstand! Great minds think alike!



If you don't mind me asking, who is your guide? That's very interesting about OKW. I might have to call my guide, after I talk to DH of course, and find out about that.

Dan is my guide. I will have to look his last name back up. I will let you know what that is in a minute

I am all set though. I extended. It took 2 minutes - that was it. I extended for 15 years at $20 per point. Great deal as far as I can tell. I can only imagine it increases its resale value too - not that I would ever sell it

 

[minniekissedme]

I am all set though. I extended. It took 2 minutes - that was it. I extended for 15 years at $20 per point. Great deal as far as I can tell. I can only imagine it increases its resale value too - not that I would ever sell it

Does this mean you get added to my list of closed again!!??!! I guess it's possible though you didn't have the angst of the entire resale process you did sweat out thinking about this!

 

[disneymotherof3]

**BREAKING NEWS!!!!**

I just got off the phone with our guide, Nick, and he told me that Disney is really looking to crack down on the resale market. He told me that soon they are going to be charging a $500 initiation fee to all those whose purchase through a resale. He also said that they are throwing around, they haven't decided completely but are leaning towards charging those who buy through resale a $100 fee per year to "use the network" (cruise, DL Paris, etc.). I asked him when this was going to take effect and he wasn't sure. It's a GREAT thing that we got in when we all did!!! He also said that the OKW extention is until May 31st at $20 per point. He also threw in that right now they are offering $10 off per point for contract over 50 points at SSR.

BTW, I will say that he didn't seem too thrilled that we purchased through resale. Oh well. We have to do what's best for us. I told him that we went that route because that was financially better for us at the time.

 

[icouldlivethere]

**BREAKING NEWS!!!!**

I just got off the phone with our guide, Nick, and he told me that Disney is really looking to crack down on the resale market. He told me that soon they are going to be charging a $500 initiation fee to all those whose purchase through a resale. He also said that they are throwing around, they haven't decided completely but are leaning towards charging those who buy through resale a $100 fee per year to "use the network" (cruise, DL Paris, etc.). I asked him when this was going to take effect and he wasn't sure. It's a GREAT thing that we got in when we all did!!! He also said that the OKW extention is until May 31st at $20 per point. He also threw in that right now they are offering $10 off per point for contract over 50 points at SSR.

Wow..that's really interesting!! I wonder if this will really happen.

 

[disneymotherof3]

Wow..that's really interesting!! I wonder if this will really happen.

I don't know. He said that it was going to happen, he just didn't know when. He said that they (the higher-ups) were still trying to decide on the amount to charge for the use of the network.

 

[icouldlivethere]

I don't know. He said that it was going to happen, he just didn't know when. He said that they (the higher-ups) were still trying to decide on the amount to charge for the use of the network.

The only thing that scares me a little about that is that it could make our contracts harder to resell if we should ever need to.

 

[disneymotherof3]

The only thing that scares me a little about that is that it could make our contracts harder to resell if we should ever need to.

Hopefully we won't ever need to!

 

[minniekissedme]

**BREAKING NEWS!!!!**

I just got off the phone with our guide, Nick, and he told me that Disney is really looking to crack down on the resale market. He told me that soon they are going to be charging a $500 initiation fee to all those whose purchase through a resale. He also said that they are throwing around, they haven't decided completely but are leaning towards charging those who buy through resale a $100 fee per year to "use the network" (cruise, DL Paris, etc.). I asked him when this was going to take effect and he wasn't sure. It's a GREAT thing that we got in when we all did!!! He also said that the OKW extention is until May 31st at $20 per point. He also threw in that right now they are offering $10 off per point for contract over 50 points at SSR.

Well the $500 might make resale less attractive but it doesn't wipe it out...you can still save buying resale, just not as much should this happen. And you're right...glad I'm in!

 

[Tigger & Eeyore]

**BREAKING NEWS!!!!**

I just got off the phone with our guide, Nick, and he told me that Disney is really looking to crack down on the resale market. He told me that soon they are going to be charging a $500 initiation fee to all those whose purchase through a resale. He also said that they are throwing around, they haven't decided completely but are leaning towards charging those who buy through resale a $100 fee per year to "use the network" (cruise, DL Paris, etc.). I asked him when this was going to take effect and he wasn't sure. It's a GREAT thing that we got in when we all did!!! He also said that the OKW extention is until May 31st at $20 per point. He also threw in that right now they are offering $10 off per point for contract over 50 points at SSR.

BTW, I will say that he didn't seem too thrilled that we purchased through resale. Oh well. We have to do what's best for us. I told him that we went that route because that was financially better for us at the time.

WOW - my guide said nothing to the sort and was a pleasure to work with. He seemed fine with us buying resale and told me to come meet him on our first trip home. That surely makes resale less attractive although I agree, not out of the picture. I bet they slow it down more too so that we have to wait longer to deter people from buying resale. However, it may make sales for them harder too because people will know it will be harder to sell if they need/want to. Could be a double edged sword for them.

I did sweat out thinking about the extension, but my friend had told me it already went up $5 and would go up $5 more and then you all verified that. The $20 per point is only through the end of may so I jumped on board. After my decision was made it took no time to do it. I paid $160 down (10%) and the rest is financed through Disney with no early pay off fee - another 15 years for $1600 was pretty good I though. I only have 80 points though. For those of you with a lot more it will be pricy. He also told me the week we are going is a great week to come! I am so excited

My house is still full of sick ones - stomach bug has hit 4 of the 6 of us already. Not good off to be a nurse maid

 

[dvcnewgirl]

**BREAKING NEWS!!!!**

I just got off the phone with our guide, Nick, and he told me that Disney is really looking to crack down on the resale market. He told me that soon they are going to be charging a $500 initiation fee to all those whose purchase through a resale. He also said that they are throwing around, they haven't decided completely but are leaning towards charging those who buy through resale a $100 fee per year to "use the network" (cruise, DL Paris, etc.). I asked him when this was going to take effect and he wasn't sure. It's a GREAT thing that we got in when we all did!!! He also said that the OKW extention is until May 31st at $20 per point. He also threw in that right now they are offering $10 off per point for contract over 50 points at SSR.

BTW, I will say that he didn't seem too thrilled that we purchased through resale. Oh well. We have to do what's best for us. I told him that we went that route because that was financially better for us at the time.

That is pretty shocking!

 

[Princess Amy Lyn]

My house is still full of sick ones - stomach bug has hit 4 of the 6 of us already. Not good off to be a nurse maid

So sorry...we just finished that. All of our kids got it at once....so glad that is over! We just got back from the MD our 18 month has lost down to what she weighed when she was 15 months....glad she had a reserve!

Something I wanted to ask you all about....I was lurking on another website...and a topic that concerns me is, that Florida could impose a tax on our timeshares in the future...because most of us don't live in Florida, when it goes up for a vote we can't vote because we do not live there. Has anybody heard anything about this?? Didn't sound good....

 

[Tigger & Eeyore]

So sorry...we just finished that. All of our kids got it at once....so glad that is over! We just got back from the MD our 18 month has lost down to what she weighed when she was 15 months....glad she had a reserve!

Something I wanted to ask you all about....I was lurking on another website...and a topic that concerns me is, that Florida could impose a tax on our timeshares in the future...because most of us don't live in Florida, when it goes up for a vote we can't vote because we do not live there. Has anybody heard anything about this?? Didn't sound good....

Amy - so glad this is out of your house. It started with my 2 year old on his birthday last Thursday. By Sunday DH and DD2 had it. Doday DS1 has it. That leaves me and my 17 year old - I sure hope that we don't get it. It is bad. Poor baby losing that much weight.

I did not hear that about the tax. What kind of tax would it be?

 

[colonialtinker]

**BREAKING NEWS!!!!**

I just got off the phone with our guide, Nick, and he told me that Disney is really looking to crack down on the resale market. He told me that soon they are going to be charging a $500 initiation fee to all those whose purchase through a resale. He also said that they are throwing around, they haven't decided completely but are leaning towards charging those who buy through resale a $100 fee per year to "use the network" (cruise, DL Paris, etc.). I asked him when this was going to take effect and he wasn't sure. It's a GREAT thing that we got in when we all did!!! He also said that the OKW extention is until May 31st at $20 per point. He also threw in that right now they are offering $10 off per point for contract over 50 points at SSR.

BTW, I will say that he didn't seem too thrilled that we purchased through resale. Oh well. We have to do what's best for us. I told him that we went that route because that was financially better for us at the time.

WOW, I'm glad I bought when I did! I think I will get the OKW extension once I'm in the system. I should have member #'s (2 different YU) before the end of May. My inheritance to my children Glad DH doesn't read this thread., I haven't mentioned it to him yet. I'm making him brownies to soften the blow of what I want to do now. Of course I am the one who is Disney crazy, although my future SIL seems to be like me.

WELCOME BACK ED!!!!!! Great photo's, I can hardly wait until my trip in June.

 

[Laxmom]

Ok, I will believe the Disney "penalty" when I see it. There has been rumor like this from Marriott for years. It hasn't happened. The way I see it, Disney would be slitting their own throats. All they would have to do is stop building resorts and go into the resale business with all the bored guides; I don't think they want to do that. They refer owners who want to sell to the resale market, to GMAC in particular - they don't want the points back. I wouldn't get too worked up guys, I think this is the case of a grumpy guide who decided to spout off. The fact that he followed it up with a sales pitch tells me alot. There are a lot of salesman out there that will say just about anything to scare people into buying from them. I just thought Disney did a better job of weeding them out. Evidently not. I think if you verify this with other guides, you will find out it is hooey.

The Florida tax would be a mistake. Hawaii has taken an anti timeshare policy and it has backfired and effected the tourism and I don't believe it ever was passed. The bad publicity was enough to kill it. Tourists decided that they would go where they were valued. They wanted to charge additional taxes as well. Here is the good news, you don't have to fight it because,as in the case of Hawaii, the developers and management companies will. Marriott threw a fit and they have a lot of resorts in Florida - more than any other state. They have more money and clout than we do. Florida already applies taxes and fees to any hotel stay. The timeshare owners already pay property taxes. I wouldn't get worked up about this one either. ARDC (an organization that looks out for the rights of timeshare owners will fight anything like this also.)

Just call me Ms. Wait and see!

 

[colonialtinker]

Just call me Ms. Wait and see!

Hi Susan AKA Ms. Wait and See. I wanted to let you know I checked out the shoebuy.com last night Spent way too much money, DD needed new shoes, got DH some and only 1 pair for me. There were some really good deals there. Thanks for the heads up.
Pam

 

[Laxmom]

You are welcome! I like company when I spend money!! I'm also great at helping people spend theirs! My stuff should be here tomorrow. I'm anxious to try these things out!

 

[Princess Amy Lyn]

Hey guys the next page is #200...that sure has come fast!!

LM-hope you are right!!

We have not closed on our first DVC purchase yet, now I want to buy the
2nd one before all the fees could come into play.....

 

[KAT4DISNEY]

Just call me Ms. Wait and see!

Right there with you Laxmom on all points!

 

[Laxmom]

Here is an example of why I think this is hooey. On our contract, we paid $68 p/pt for 50 pts. That is $3400. My closing costs because of the attorney requirement by the state of SC is nearly $800. That brings my total to $4200. Now, if you divide that by the 50 pts. you get $84 p/pt. Disney is charging $87. To add an additional fee would mean I would have no option than to buy my points thru Disney to be cost effective. Plus would you still have to buy 160 pts? I just don't see Disney as a reseller. They would be the first in the industry to do this and I think it would chase potential buyers away. I know, as much as we love DVC, we would have gone back to Marriott. The way things are set up now is pretty standard for the industry.

BTW, the reason we bought resale was to get into the system for less money. Obviously there wasn't much of an incentive otherwise. That is why our add on will be thru Disney as long as they don't charge closing costs to get us to our 130 pts.

 

[fourkidsphoto]

We received the email today that we officially closed on our Wildnerness Lodge 240 points. They said we should be in the Disney system within 5-7 days. I wonder what the fastest is that anyone was in the system to actually make a reservation.

Our timeline started with an offer on March 18th to closing today. Not bad. We have 240 points that are going to expire this May 31st so we are going to try to make a last minute trip this month with whatever is available. Thanks all!