Which company is best when buying resale?

[NoleFan]

We had great experiences with DVC by Resale (Shontell) & TSS & their respective title companies (Timeshare, Title, & More for DVC by Resale & Magic Vacation Title for TSS). We found contracts that fit our needs & budget. The service was fast & professional with both brokers & title companies.

 

[Pirate Granny]

We've had great experiences with TSS and DVC by resale...stay FAR away from sell my timeshare now. We waiting over a month before we heard from them...already had another offer accepted with DVC by Resale!

 

[susanjf]

Will run fast from Sell My Timeshare Now - and move on to the ones recommended!

 

[racefanof88]

I have a few stupid questions.
1.) What is a distressed contract?
2.) Does it seem that Disney would be more inclined to take the contract if it is loaded? By loaded I am assuming that means with a lot of points banked and current points ready for use?
3.) What is the importance of UY? If I buy with a December UY, and decide to go in June, can I borrow from my December points?
4.) If I buy resale at SSR, can I then buy, say 25 points direct from Disney at VGF, and can't I use the SSR points at VGF if I book at the 7 month window?
5.) I know resale points are treated differently when it comes to staying anywhere other than a Disney resort, but if I buy 250 resale points then add 25 direct points are they separated and I only have the 25 points to use, say, on a cruise?
6.) If I buy at VBR, or HH, I don't really ever have to stay at these resorts right? I can stay at SSR if I book at 7 months?

OK that is enough for now..........

Thanks y'all. My husband is leaving it all up to me and I want to make sure I get it right!!!

 

[iluvthsgam]

I have a few stupid questions.
1.) What is a distressed contract?

Could mean a lot of things but generally the seller has to sell for reasons he/she doesn't want to (lost job, can't afford it anymore, needs money, etc.)

2.) Does it seem that Disney would be more inclined to take the contract if it is loaded? By loaded I am assuming that means with a lot of points banked and current points ready for use?

Nobody knows, but it appears that way. But you never know

3.) What is the importance of UY? If I buy with a December UY, and decide to go in June, can I borrow from my December points?

UY is only important for what happens if you cancel a trip. If you never cancel a trip then UY will rarely ever come into play. You can always borrow from the next UY now matter when you want to go. You can only bank points in the first 8 months, so if you have a December UY you have to bank them by the end of July. If you normally travel between August-end of November and have to cancel a trip you are past the banking window and cannot bank the points and now have to use them prior to November 30.

4.) If I buy resale at SSR, can I then buy, say 25 points direct from Disney at VGF, and can't I use the SSR points at VGF if I book at the 7 month window?

Yes, once your membership is activated by Disney.

5.) I know resale points are treated differently when it comes to staying anywhere other than a Disney resort, but if I buy 250 resale points then add 25 direct points are they separated and I only have the 25 points to use, say, on a cruise?

Yes.

6.) If I buy at VBR, or HH, I don't really ever have to stay at these resorts right? I can stay at SSR if I book at 7 months?

Yes. Those have higher dues. If don't want to stay there and are always going to look at 7 months buy at SSR.

 

[Disney Mom Dani]

I wish any of the resale companies could keep their websites updated.

 

[dmunsil]

I wish any of the resale companies could keep their websites updated.

I think they're all updated pretty quickly except for Fidelity. I've put in offers at both Timeshare Store and Resales DVC and they were marked Sale Pending within a few minutes.

 

[Disney Mom Dani]

I think they're all updated pretty quickly except for Fidelity. I've put in offers at both Timeshare Store and Resales DVC and they were marked Sale Pending within a few minutes.

That's strange. I called TSS & the agent told me that the listings I asked about were not current. He said that is the agents' biggest frustration with whoever does their web.

 

[dmunsil]

That's strange. I called TSS & the agent told me that the listings I asked about were not current. He said that is the agents' biggest frustration with whoever does their web.

He would know, so my experience must have been unusual. They're waaaay more up to date than Fidelity. Way, way more.

How's your search going? Did you settle on a home resort?

 

[Disney Mom Dani]

How's your search going? Did you settle on a home resort?

It's going okay. Decided on AKV...but we're just having trouble finding the listings

 

[dmunsil]

It's going okay. Decided on AKV...but we're just having trouble finding the listings

AKV is a huge resort and there are a lot of sales every month, so if you keep watching the Timeshare Store (and check the others as well), something will come up. Do you have specific requirements like you want one particular use year, or you need one of a very specific size?

 

[Disney Mom Dani]

AKV is a huge resort and there are a lot of sales every month, so if you keep watching the Timeshare Store (and check the others as well), something will come up. Do you have specific requirements like you want one particular use year, or you need one of a very specific size?

I don't really care about the UY (not sure why people do). But I wanted about 200 points. I don't know. I'll just have to keep an eye out.

 

[Missyrose]

I don't really care about the UY (not sure why people do). But I wanted about 200 points. I don't know. I'll just have to keep an eye out.

You might want to do some reading about UY before actually buying.

 

[Disney Mom Dani]

You might want to do some reading about UY before actually buying.

I have. I still don't see it being a problem unless u cancel trips

 

[racefanof88]

Could mean a lot of things but generally the seller has to sell for reasons he/she doesn't want to (lost job, can't afford it anymore, needs money, etc.)



Nobody knows, but it appears that way. But you never know



UY is only important for what happens if you cancel a trip. If you never cancel a trip then UY will rarely ever come into play. You can always borrow from the next UY now matter when you want to go. You can only bank points in the first 8 months, so if you have a December UY you have to bank them by the end of July. If you normally travel between August-end of November and have to cancel a trip you are past the banking window and cannot bank the points and now have to use them prior to November 30.



Yes, once your membership is activated by Disney.



Yes.



Yes. Those have higher dues. If don't want to stay there and are always going to look at 7 months buy at SSR.

Thank you so much for your answer!! It makes the water a little less muddy.........

 

[racefanof88]

I have thought of a couple more questions .

1.) In y'all's opinion what is the best UY to go with? We can travel pretty much any time of the year, but we DO NOT like to go during the summer?!?! We have been during every month of the year with the exception of August and I wouldn't really want to go then as that is the height of the hurricane season.
2.) When buying, and completing the transaction, how do you pay? Do I send a cashier's check, pay with credit card????
3.) Do I have to pay in full before I get my contract sent to Disney, and how long does it take for a refund if Disney exercises their rights?
4.) If during the process of the sale, can I change my mind if I find a better contract?
5.) When making reservations can I do it online or do I have to call?
6.) What happens if I have to cancel the trip a day or two before we go; do I get my points added back to my account or do I lose them?
7.) I understand that I can use my points at any Disney property right?
8.) Are their different rules for using my points at DVC?

OK, enough again!! I'm sure I will have many more coming.........

 

[Bobby Pic]

I've been keeping an eye on the major resellers the past few months and I don't see much difference between Fidelity and the others. Asking prices are similar. Given Fidelity's process is more cumbersome (or at least that's what other posts have said) I would be inclined to go with TSS or another. Am I missing something?

I just closed yesterday on a an AKV 175pt contract loaded with all points 2012 and forward. It was through Fidelity and it was listed at $70pp. I offered $67 and ask the seller to pay 2013 MF and they agreed. That made the real cost $61.33pp. The other brokers I spoke with kept telling me I was too low with my offers. I might add that this process took 80 days, but if you are patient I think you can get a better deal with Fidelity. Find the contract that works for you and make an offer that you are comfortable with, no matter the list price. All they can do is say no, or they may counter offer or in my case, they surprised me and said yes. Good luck and maybe we will neighbors at AKV someday.

 

[Disney Mom Dani]

I just closed yesterday on a an AKV 175pt contract loaded with all points 2012 and forward. It was through Fidelity and it was listed at $70pp. I offered $67 and ask the seller to pay 2013 MF and they agreed. That made the real cost $61.33pp. The other brokers I spoke with kept telling me I was too low with my offers. I might add that this process took 80 days, but if you are patient I think you can get a better deal with Fidelity. Find the contract that works for you and make an offer that you are comfortable with, no matter the list price. All they can do is say no, or they may counter offer or in my case, they surprised me and said yes. Good luck and maybe we will neighbors at AKV someday.

Thanks for the info!

 

[Missyrose]

I'll take a stab at some of these.

2.) When buying, and completing the transaction, how do you pay? Do I send a cashier's check, pay with credit card????

The title companies will typically allow you to put your deposit on a credit card and then you will pay the balance by cashier's check or wire transfer.

3.) Do I have to pay in full before I get my contract sent to Disney, and how long does it take for a refund if Disney exercises their rights?

You only pay the deposit when you sign the contracts (then the contract is sent to Disney for ROFR). The rest of the balance will be due at closing. If Disney takes the contract, you can either get a refund, or let the title company keep it for your next contract attempt.

4.) If during the process of the sale, can I change my mind if I find a better contract?

I won't get into the ethics of what you're proposing. But if you do that, you will forfeit your deposit on that contract.

5.) When making reservations can I do it online or do I have to call?

Either works.

6.) What happens if I have to cancel the trip a day or two before we go; do I get my points added back to my account or do I lose them?

If you cancel less than 31 days before you're trip, your points will go into holding. Which means they can only be used to make reservations 60 days before check-in.

DVC is NOT a good option if you think there is a chance for several last-minute cancelations.

7.) I understand that I can use my points at any Disney property right?

If you buy resale, you can use your points at any DVC resort (AKV, BCV, BLT, BWV, VWL, VGF, OKW, SSR and Hilton Head, Vero Beach and Aulani (Hawaii)). You can also use your points to trade into RCI to stay at other destinations (but be aware that DVC only allows for trades a fraction of RCI's properties).

You can't use your points for Disney Cruise Line, Adventures by Disney or the Disney Collection (non-DVC Disney resorts).

8.) Are their different rules for using my points at DVC?

You will buy a contract at a specific resort, that is your home resort. You can book your home resort at 11 months out from check-in. You can use your points at any of the DVC resorts starting at seven months before check-in.

 

[Disney Mom Dani]

Has anyone else had a problem with the TSS "contact me" page on their website? I fill it out, hit "request info" then I keep getting an internal server error. I've tried this on 3 different computers...so I'm pretty sure it's not me!