why have multiple contracts?

[Corgipounce]

I see a lot of people talking about having multiple small contracts as aposed to 1 . Why would I have to have 2 80 point contracts instead of 1 160 point contract. I guess if you were goign to have like 500 points I could see getting differnt ones but at lower numbers why would you want to?

 

[CarolAnnC]

Some people prefer the assurance in case they ever want to, or have to, sell some of their points. Contracts cannot be split, so a larger contract would have to be sold as one. Sometimes the larger contracts may take a bit longer to sell as well.

 

[spiceycat]

as CarolAnn says - longer contracts are harder to sell, plus you might get less for it.

smaller contracts are more demand - and DVC will kept the prices up on smaller contracts just because they don't want anyone becoming a member for just a few thousands dollars.

Now I wish I could say it was this that got me to get my smaller contracts - no it was my budget....

190 - OKW
50 - OKW
25 - BWV
25 - BWV
60 - VWL

 

[Squidrific]

I bought my first contract for the required 150 points. That one I have financed. My add-ons I have purchased and paid for with cash so that I only have the one loan that I am finishing up. I have also purchased where I love to stay so that I can be assured that I have the 11 month window for at least a few days of my vacations. I don't mind doing split stays so it is perfect for me.

150 - SSR
100 - AKV
75 - BCV
50 - VWL

 

[chalee94]

easier to sell.

easier to split up among children for gifting or inheritance.

3 50 pt contracts at different resorts (for example) allows 11 month booking access every third year at different resorts for those who don't have a favorite and like to move around.