various questions regarding add-ons, resales + buying through Disney

[disneyberry]

ok, a whole bunch of questions just popped into my head at once. (i think i'm overloading myself w/ too much DVC info all at once )

first, does anyone know the current financing rate that DVC is offering? i think i remember reading they have 1yr, 2yr, 5yr, and 10yr plans. are there 4 different rates?

i know you can finance your initial points purchase. can you also finance smaller add-on purchases through Disney?

also, i have a buying-through-Disney scenario that i'm wondering about:

if you want to buy 250pts of BCV now, i know i've heard people recommend breaking it up into 2 contracts to allow flexibility in case you ever happen to want to sell only part of that 250pts.
so that would be a 150pt contract + a 100pt contract.

can you make both purchases at the same time? or do you have to wait until your initial 150pt purchase closes?

does Disney frown upon breaking up a potential 250pt contract into 2 separate 150pt + 100pt contracts?

also, if a year later, you want to sell your 150pt contract (inital contract), is that allowed? you would only be left with the 100pts add-on contract.
basically, can you sell your initial contract, and be left owning JUST your add-on contract? even if it's a small add-on contract?

sorry, i know this is a lot of questions.
thank you all for bearing with me the past few days.

 

[Dean]

first, does anyone know the current financing rate that DVC is offering? i think i remember reading they have 1yr, 2yr, 5yr, and 10yr plans. are there 4 different rates?

Don't know but I've heard 10.9% and 11.9%.

i know you can finance your initial points purchase. can you also finance smaller add-on purchases through Disney?

The minimum add on is 25 points but you must buy 50 points to finance through DVC.

if you want to buy 250pts of BCV now, i know i've heard people recommend breaking it up into 2 contracts to allow flexibility in case you ever happen to want to sell only part of that 250pts.
so that would be a 150pt contract + a 100pt contract.

My understanding is you can do tht and I'd recommend it.

can you make both purchases at the same time? or do you have to wait until your initial 150pt purchase closes?

That's my understanding that you can do both at essentially the same time and not wait for the first to close.

does Disney frown upon breaking up a potential 250pt contract into 2 separate 150pt + 100pt contracts?

I don't think so, but who cares if they'll do it.

also, if a year later, you want to sell your 150pt contract (inital contract), is that allowed? you would only be left with the 100pts add-on contract.
basically, can you sell your initial contract, and be left owning JUST your add-on contract? even if it's a small add-on contract?

Yes, even if you only keep 25 points.

 

[MdmMim]

does Disney frown upon breaking up a potential 250pt contract into 2 separate 150pt + 100pt contracts

When I added on at the BCV, I wanted 200 points. I asked my guide if I could split my points up--150 and 50--she cheerfully said they could do it however I wanted. I don't think they frown upon it at all. The 2 addons were purchased at the same time.

 

[loveswdw]

The interest rates are 11.9% for 10% down and 10.9% for 20% or more down-- length of time to finance doesn't make any difference on interest rate, just amount of downpayment.

Just put our deposit down on Sat.!!!

loveswdw