Ready to Buy, Need Opinions

Hammer;2434834 wrote:
I also bought via resale. As I said, my heart wasn't set on one location, so I looked at resale with price and maintenance dues per point being the deciding factors. I have 2 contracts, but the same use year; one at SSR and the other at OKW. The second contract was added when Mom started to travel with us and we wanted larger accommodations (so Mom could have her own room and bathroom).

How does it work when you have points at different places? When you reserve, provided it's at 7 and not 11 months, is it just like having points at the same place? All points just combine and it doesn't matter that they are from two different home resorts?

SBETigg;2435246 wrote: How does it work when you have points at different places? When you reserve, provided it's at 7 and not 11 months, is it just like having points at the same place? All points just combine and it doesn't matter that they are from two different home resorts?

If you have two different contract numbers, then you have two different contracts and points will not combine. So if you have 100 in one and 50 in another, and a room costs say 30 points a night, you can really only get 4 nights (90 from the 100 and 30 from the 50) without going through the transfer points process. And you can only do that once per year (in or out of a contract) so that will "kill" both contracts when you transfer points. If you have three contracts, you can't transfer two into one.

If you go through Disney, it all goes under one contract (provided they can match up use years). I'm not sure if that work the same resale even if use years match.

If you own at two resorts, the points ARE different regardless in terms of the booking window. Using the above numbers, if you have 100 at AKLV and 50 at GFV. You can book 100 points at AKLV at 11 months out and would need to wait until 7 months out to book the other 50 from GFV. Many people just book at the 11 month window to get something and then try to adjust once 7 months hits. Or you can take your chances at 7 months using them all at any resort.

So, it does get a little confusing and requires more planning when you own at multiple resorts. Even more difficult when use years don't match.

DizneyRox;2435264 wrote: If you have two different contract numbers, then you have two different contracts and points will not combine. So if you have 100 in one and 50 in another, and a room costs say 30 points a night, you can really only get 4 nights (90 from the 100 and 30 from the 50) without going through the transfer points process. And you can only do that once per year (in or out of a contract) so that will "kill" both contracts when you transfer points. If you have three contracts, you can't transfer two into one.

If you go through Disney, it all goes under one contract (provided they can match up use years). I'm not sure if that work the same resale even if use years match.

If you own at two resorts, the points ARE different regardless in terms of the booking window. Using the above numbers, if you have 100 at AKLV and 50 at GFV. You can book 100 points at AKLV at 11 months out and would need to wait until 7 months out to book the other 50 from GFV. Many people just book at the 11 month window to get something and then try to adjust once 7 months hits. Or you can take your chances at 7 months using them all at any resort.

So, it does get a little confusing and requires more planning when you own at multiple resorts. Even more difficult when use years don't match.

As long as they have the same use year, whether through Disney or resale, the contracts will be under one membership so transferring doesn't come in to play. I have 3 contracts, 2 through Disney and one through resale, they all appear under one account. When I book it asks me which contract I want to use first, second, third.

SBETigg;2435246 wrote: How does it work when you have points at different places? When you reserve, provided it's at 7 and not 11 months, is it just like having points at the same place? All points just combine and it doesn't matter that they are from two different home resorts?

Yes, as long as they are the same use year, they will all show under one membership.

More questions! I made my presentation to the husband, and he thinks a BLT resale would be our best bet. He did the math, and he's on board! But the question is on closing costs on resale vs buying direct from Disney. Not financing. Anyone know what the difference is buying resale when it comes to closing costs? I've gone to the Timeshare Store and asked for more information, but they haven't gotten back to me. Thanks again!

DizneyRox;2435264 wrote: If you have two different contract numbers, then you have two different contracts and points will not combine. So if you have 100 in one and 50 in another, and a room costs say 30 points a night, you can really only get 4 nights (90 from the 100 and 30 from the 50) without going through the transfer points process. And you can only do that once per year (in or out of a contract) so that will "kill" both contracts when you transfer points. If you have three contracts, you can't transfer two into one.

If you go through Disney, it all goes under one contract (provided they can match up use years). I'm not sure if that work the same resale even if use years match.

I bought both of my contracts through resale. Sherri, you would have 2 separate contracts, but they would be under the same DVC membership number provided that:

1. the use years match
2. the names on the contracts are the same

   In my case, my use years match but my sister and my mother are not on the deed of the first contract as I bought that contract alone. I just transfer my points each year so they are all together for use at 7 months. It was cheaper than adding their names to my contract.

   
   

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Thanks for all of the information! We made an offer this morning for a BLT resale. Waiting to hear back. I'm so excited!

I made my presentation to my husband last night, and he was surprisingly agreeable. We crunched numbers and decided a resale was our best bet to get the points we want at a reasonable cost (including dues through the years). So now just the waiting.

:fingers:

Good luck Sherri

SBETigg;2435376 wrote: Thanks for all of the information! We made an offer this morning for a BLT resale. Waiting to hear back. I'm so excited.

Good luck, Sherri! Waiting to go by the Right of First Refusal is the hardest part!!

I have nothing to add because we're not DVC members. However, I'm excited for you and envious as well! Congrats! :mickey:

Excited! Disney waived their ROFR. It's ours! I was worried that it wouldn't work out because it seems there are fewer resale listings suddenly and I'd started to really fall in love with the idea of BLT. It was beginning to feel like home. And now, yay, it is! And of course then you catch the fever of wanting to try all the DVC resorts. We'll be closing in about 15 days.

Congrats Sherri:party: Welcome Home:party:

SBETigg;2438802 wrote: Excited! Disney waived their ROFR. It's ours! I was worried that it wouldn't work out because it seems there are fewer resale listings suddenly and I'd started to really fall in love with the idea of BLT. It was beginning to feel like home. And now, yay, it is! And of course then you catch the fever of wanting to try all the DVC resorts. We'll be closing in about 15 days.

:congrats: & :welcome: home !!

SBETigg;2438802 wrote: Excited! Disney waived their ROFR. It's ours! I was worried that it wouldn't work out because it seems there are fewer resale listings suddenly and I'd started to really fall in love with the idea of BLT. It was beginning to feel like home. And now, yay, it is! And of course then you catch the fever of wanting to try all the DVC resorts. We'll be closing in about 15 days.

Sherri, that's awesome! As others have said, welcome home! If you want to book at the 7 month mark, I would book online the morning your 7 month window opens, especially during Food and Wine and the holiday season. As I said, I have always had success doing that booking our Food and Wine accommodations.

Thanks, everyone. I can't wait to get into the system and check out the booking process and make plans.