what now? OKW add-on

[mom3sonstt]

We have an August UY and decided to add on 50 more points while we were still able to get 2009's also. I called Monday, got a price for points at 4 different resorts, called back Tuesday and requested 50 at OKW. The price was the lowest, and we really like that resort. Yesterday I looked online and didn't see my new points added in. Today I looked again - still not there. I called the 800 number thinking that they just hadn't been listed online, but that they were in our account. Nope - only the original 200 OKW points (and our SS & BW) but not the new 50. So I called our guide.

Apparently there is a wait-list for some of the use years - and ours is one of them. But he said that it showed they had 102 points available in 2 different contracts. His only thought was that someone else was wanting 100 points and that maybe their guide had a hold on these points to see if they would take them in 2 lots. (For the record - I don't know what he meant by a lot of that - I am just writing what I remember him saying). He is hoping to know by the end of the day what is going on......me too . He didn't seem too concerned - so while on the phone with him I wasn't either. But now that I'm off the phone I'm getting worried. What if someone else does have first dibs on those points and takes them and there aren't any more Aug UY available before the end of the month. I guess we could switch to a different resort - but the price was higher.

I guess the thing to do is distract myself from worrying about it until I hear back from my guide that there is a problem - but that's easier said than done.

DH will not do resale - I know we could save money going that route - and he knows it too, but he can be stubborn about some things (who am I kidding - a lot of things!!!) and this is one of them

 

[Sandisw]

I hope things come through and you do hear by the end of the day that they have the points you need.

I do think, unfortunately, if they are not available, and they don't become available during your 2009 UY, then you won't get the 2009 UY points.

It is a little frustrating, I am sure, thinking that you were all set and now not being all set.

Keep us posted!

 

[zalansky]

OP - I hope it works our for you. Do you mind sharing what the pp prices were at the available resorts? We have the same use year and I too, was thinking about a 50 point add-on. There will be no closing costs, right? I have looked at a ton of resales, but honestly I think by going through Disney, getting 2009 points (if you can) and not having any closing costs comes pretty close to having to deal with a resale and waiting for ROFR and all that stuff that comes with it. Not to mention, pionts available right away.

Good luck.

 

[mom3sonstt]

The prices he gave me Monday were 90 at OKW, 95 at SS and 115 for BC or BW. We didn't care for AKL when we stayed there so I didn't ask for those, BLT doesn't interest us at all, and we haven't stayed as WL yet so didn't want to buy there sight unseen.

That said, just because he gave me prices doesn't mean they have the points for the right use year as I am (hopefully not) finding out now.

And no - there are no closing costs. We are financing this one (at least for now) and only had to pay $450 at the time. I gave him my card # Tues evening- it hasn't hit yet, but probably wasn't run until Wed.

 

[wdrl]

Apparently there is a wait-list for some of the use years - and ours is one of them. But he said that it showed they had 102 points available in 2 different contracts. His only thought was that someone else was wanting 100 points and that maybe their guide had a hold on these points to see if they would take them in 2 lots. (For the record - I don't know what he meant by a lot of that - I am just writing what I remember him saying). He is hoping to know by the end of the day what is going on......me too . He didn't seem too concerned - so while on the phone with him I wasn't either. But now that I'm off the phone I'm getting worried. What if someone else does have first dibs on those points and takes them and there aren't any more Aug UY available before the end of the month. I guess we could switch to a different resort - but the price was higher.

DH will not do resale - I know we could save money going that route - and he knows it too, but he can be stubborn about some things (who am I kidding - a lot of things!!!) and this is one of them

Hope it works out for you and you get the points soon. Did your Guide indicate whether the offer of 2009 points will be honored even if they can't get points to you until after August 1st?

Whether to do resale or buy direct from Disney is probably a moot issue. There are very few 50 point resale contracts on the resale market, especially for OKW. Throw in the fact that you are looking for a specific UY, such as August, and the chances of finding the perfect resale contract become very slim.

I understand what your Guide meant when he said there were points available in two separate contracts. When Disney allocates points to a resort, it places the points in specific Units, and each Unit is assigned a Use Year. At OKW, there are at least eight Units (Unit #17, 19, 28, 43, 45, 51, 55, and 62C) that have been assigned the August UY. Once established, neither the number of points in a Unit nor the UY can be changed. It appears to me that the other Guide's member wants 100 points, but to sell those points Disney would have to break up the purchase into two deeds, for example, 60 points from Unit 17 and 40 points from Unit 62C.

Good luck!!

 

[mom3sonstt]

Hope it works out for you and you get the points soon. Did your Guide indicate whether the offer of 2009 points will be honored even if they can't get points to you until after August 1st?

Whether to do resale or buy direct from Disney is probably a moot issue. There are very few 50 point resale contracts on the resale market, especially for OKW. Throw in the fact that you are looking for a specific UY, such as August, and the chances of finding the perfect resale contract become very slim.

I understand what your Guide meant when he said there were points available in two separate contracts. When Disney allocates points to a resort, it places the points in specific Units, and each Unit is assigned a Use Year. At OKW, there are at least eight Units (Unit #17, 19, 28, 43, 45, 51, 55, and 62C) that have been assigned the August UY. Once established, neither the number of points in a Unit nor the UY can be changed. It appears to me that the other Guide's member wants 100 points, but to sell those points Disney would have to break up the purchase into two deeds, for example, 60 points from Unit 17 and 40 points from Unit 62C.

Good luck!!

He didn't say weather they would honor the 2009 points if it fall through - but he also indicated that they buy a lot of OKW points. So maybe he's thinking that if these are spoken for, maybe they will acquire more.

Ok - that makes sense with the Units. I know when we bought 50 BW points last year that was the first time we had bought from a "sold out" unit. I thought we had to buy a whole contract - whatever someone sold off, so I told him we wanted 50-75. He said he could sell us whatever we wanted. I made a comment like "oh I thought it had to go all together how it was purchased" His reply was something like - we (members) have to sell them as the whole unit, but they (DVC) can re-sell them however they want. So when he told me he had to see if they wanted it in two blocks I didn't understand. But I do see where it would be signing two different contracts if the units are different buildings.

........still have my fingers crossed.......

 

[JimMIA]

The prices he gave me Monday were 90 at OKW, 95 at SS and 115 for BC or BW.

I know your DH doesn't want to buy resale, and for a 50-point purchase paying closing resale, it would not be a bank-breaking difference -- but the info below is offered primarily for newbies who don't even know a resale marketplace exists:

OKW direct $90 - resale mid-$60's (-$25+ per point)
SSR direct $95 - resale high $60's (-$30 per point)
BCV direct $115 - resale low $80's (-$35 per point)
BWV direct $115 - resale low $70's (-$45 per point)

And those resale prices are the average ASKING prices! Actual selling prices would be a couple of bucks lower per point.

 

[JimMIA]

Did your Guide indicate whether the offer of 2009 points will be honored even if they can't get points to you until after August 1st?

Two comments:

1. I could be wrong, but I don't believe you can get 2009 points after the 2009 UY expires. I'm pretty sure they are expired and gone forever.

2. The "Offer of 2009 points" is what they call "Weasel Speak" over on TUG. They are not giving you any points. You are purchasing a contract in the 2009 UY and you are getting any unused points from the 2009 UY...points you are entitled to!

DVC is giving you only one benefit in that scenario in some cases -- they are extending the banking deadline so you can bank those points into 2010. But they are not giving you any points -- you are buying them.

 

[KAT4DISNEY]

2. The "Offer of 2009 points" is what they call "Weasel Speak" over on TUG.

Ooooh - a new term!! I like that one.

 

[mom3sonstt]

Ok - maybe "giving" us the 2009 points is mis-leading. But our UY is Aug, so if we want the 2009 points we have to purchase by this month or we are spending the same amount of money for "less" points (this year anyway).

I did talk to my guide a few minutes ago. Apparently their are a couple different schools of thought in "sales". He has been our guide for 10+ years - I don't know how long he has been with DVC, but it's at least that long. It was always his understanding that if a small request to buy came in that they could sell - they would, even if a larger request is waitlisting. So if I were wanting 150 points, and somebody else after me wants 100 and a contract for 125 comes in - then they would get the 100 points, even though I have been waiting longer since that is a sale they can fill. I am not totally sure what has happened with "my" points - I don't know if somebody else thinks they are "their" points (as in they have also made their downpayment), or if it is another Guide who thinks they should have dibs on them and be able to offer them to their client. All I know is my guide says "they are trying to work it out".

I asked him if I do or don't have the points. He said that I don't 100%, but that he hopes to get it straightened out. I explained that I was concerned because if we needed to change our plans that we only had a couple weeks left. He said that worse case scenario we hang in there until a couple days left in the month and if it doesn't work out (or they don't get more Aug OKW points) we could switch to SS. That would be an additional $250 - which I guess is no major deal, but we were kinda used to the OKW idea.

Probably won't know more until sometime tomorrow - and I have a Dr's appt in the morning and errands to run afterwards - so hopefully it will get straightened out and I hear from him......

 

[wdrl]

Two comments:

1. I could be wrong, but I don't believe you can get 2009 points after the 2009 UY expires. I'm pretty sure they are expired and gone forever.

2. The "Offer of 2009 points" is what they call "Weasel Speak" over on TUG. They are not giving you any points. You are purchasing a contract in the 2009 UY and you are getting any unused points from the 2009 UY...points you are entitled to!

DVC is giving you only one benefit in that scenario in some cases -- they are extending the banking deadline so you can bank those points into 2010. But they are not giving you any points -- you are buying them.

I think you are right that Members can't receive 2009 points after the 2009 UY expires. But based on the deeds recorded at the OCC, it appears there may be some flexibility in this area. I have seen a number of deeds in which the buyer signs the deed days, weeks, or even months after the expiration of the UY. For example, the buyer is getting a deed with points beginning April 2009, but the buyer doesn't sign the deed until June 1, 2010. I assume the buyer initiated the purchase prior to April 1, 2010, and paid a deposit, but delayed submitting the paperwork until months later. If the OP has paid a deposit, then perhaps Disney will consider her purchase to have occurred prior to the expiration of the 2009 UY.

 

[JimMIA]

it appears there may be some flexibility in this area. ...then perhaps Disney will consider...

Yep -- it appears...perhaps...hopefully...and if not -- worst case scenario, you pay more for points you don't want.

I have a small but agile brain and I can justify lots of things if I work at it...but...

There are WAY too many teensy-weensy little difficulties, maybe's, alternate worst-case scenarios, etc. with this transaction. I'm shell-shocked from all the Weasel-Speak Alarms ringing in my head.

Good luck, Tanya!

 

[LisaS]

I think you are right that Members can't receive 2009 points after the 2009 UY expires. But based on the deeds recorded at the OCC, it appears there may be some flexibility in this area. I have seen a number of deeds in which the buyer signs the deed days, weeks, or even months after the expiration of the UY. For example, the buyer is getting a deed with points beginning April 2009, but the buyer doesn't sign the deed until June 1, 2010. I assume the buyer initiated the purchase prior to April 1, 2010, and paid a deposit, but delayed submitting the paperwork until months later. If the OP has paid a deposit, then perhaps Disney will consider her purchase to have occurred prior to the expiration of the 2009 UY.

Just speculating here but I would guess that in these cases the current UY points were available at the time the deposit was paid and that the buyers just took their time signing and returning the paperwork.

I've read some posts here in the past where members who tried to add on right at the end of their UY were told that Disney had run out of points for their current UY. Disney did not get any more points prior to the start of the new UY and the buyers reported that their first set of points were for the new UY. I've never read any reports where a member was given pre-banked points for the prior UY after the end of that UY.

 

[DebbieB]

One thing to watch for - OKW has 2 expiration dates. Some contracts expire in 2042 and some in 2057. I believe if you buy direct you get 2057. But many resales are 2042.

 

[mom3sonstt]

It's not that we don't "want" Saratoga points - we already have 210 there - so getting more there isn't a hardship on us. When I called we didn't have a place in particular in mind - just whatever he had available with an Aug UY. He said he could get us OKW.....and I believe he thought he could. I think he saw them out there and thought he could get first "dibs" on them. I don't know if from the time I talked to him Monday afternoon until the time I got him on the phone Tuesday evening (he didn't come in until noon - then we played phone tag a couple times) that someone else latched on to the same points.

I'm still thinking positively that this will work out.

Oh - these OKW points are the extended ones. We did not extend the ones we already have (bought more at SS instead of extending these). I told him ours weren't extended (thinking for some reason that might matter ) And he said they did do the extension on all of theirs. So maybe even if I would sell back my old, unextended contracts, the would extend them before reselling......I assume.

 

[mom3sonstt]

Yay we got our OKW points. I don't know what happened - all I know is I was up at 4 this morning and gone by 5 to go on a bus trip to Chicago to watch my Cubs get beat in the 9th inning . While that was going on, my husband gets a phone call from our guide who came in to work for a couple hours this week-end to check on a couple things. When he got in he had an email from his supervisor saying that we have the points. When I got home I logged in to the DVC site to check (not that I didn't trust him or anything ) and there they were So I guess I don't know what happened behind the scenes, but I know I have my points

 

[Drudge]

CONGRATS on the successful purchase!!!

 

[Sandisw]

Wonderful!!! That is always good when those things happen!!!

 

[delmar411]

Congrats on the points!!

 

[DenLo]

Whew, glad to hear the points came through and are in your account. Congratulations on the add on and have a great trip.