DVC RESALES
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Old 01-17-2013, 10:40 AM   #1
melindaPR
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Best Time of Year to buy DVC Resale

I'm wondering if any of you have noticed a better time of the year to look for and find good resale contracts. Maybe it's towards the end of the year, as MF are approaching for owners? Or, do you think it varies based on UY? It doesn't seem like there are as many contracts right now as other times of year, but I haven't been watching the resale market long enough to recognize a pattern. Just curious if any of you have noticed a time of year when more owners are deciding to sell their contracts.
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Old 01-17-2013, 12:06 PM   #2
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I have 3 contracts and am about to list two of them - my timing reason was that I used one of the two for a vacation starting 1/27. You can't settle on a contract until after a booked vacation so that is why I waited. A lot of the owners authorize monthly debits out of their bank accounts for the fees so i only pay mine 1/12th at a time so I don't know if that factors in. If other folks are waiting until after they take vacations using the points then less people vacation in the winter so maybe less available? Just a thought.
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Old 01-17-2013, 12:26 PM   #3
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Just from my observations, a lot of people tend to buy contracts with their income tax refunds/annual bonuses, so it seems March-May are busier buying times. We are actually looking at purchasing right now and hoping to get a good offer in before the tax refund checks come out!
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Old 01-17-2013, 12:59 PM   #4
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I'd be surprised if there's any consistent rhyme or reason to it. DVC people travel a little differently than other Disney goers (ever try to get ressies 7 months out for the first two weeks of December, an otherwise "off" season?) but there's still enough to fill most weeks.

Two of the most common reasons for selling -- can't afford the financing, or you realize you simply don't (want to) travel to Disney as much as you thought you would anymore, can spring up at any time.
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Old 01-17-2013, 08:24 PM   #5
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I would say that there is a spike in contracts for sale when MF are due. So end of December and the month of January. So if you are looking to buy now is a good time.
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Old 01-17-2013, 09:52 PM   #6
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Originally Posted by bakenatj View Post
I would say that there is a spike in contracts for sale when MF are due. So end of December and the month of January. So if you are looking to buy now is a good time.
That's what I had heard, but have not seen it this year.
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Old 01-18-2013, 02:08 PM   #7
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Quote:
Originally Posted by bakenatj View Post
I would say that there is a spike in contracts for sale when MF are due. So end of December and the month of January. So if you are looking to buy now is a good time.
That's what I always thought, but it doesn't seem to be happening this year. If anything prices seem to be a little bit higher this year then this time last year. And definitely less supply of BWV contracts.
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Old 01-17-2013, 08:51 PM   #8
melindaPR
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Interesting insights. Assuming our contract makes it through ROFR (30 days, including weekends and holidays, is next Friday!), I won't be in the market for at least a few years. It is cool to get perspectives on pro DVC owners, sellers, and buyers who have been watching these listings for longer than I have. Thanks!
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Old 01-20-2013, 08:52 PM   #9
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I think listings go up when new membership fees are announced... People on the bubble about selling see the increased rates and put their contract on the market.
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Old 02-02-2013, 08:30 AM   #10
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Originally Posted by bakerworld
Was looking at a resale and it stated the purchaser would be responsible for all dues owed. Is this a normal condition? Or is the seller trying to only pay closing costs?
Everything is typically negotiable in a resale sale. If that seller is rigid about wanting to be reimbursed for MFs, I'd lower your per point offer price accordingly.
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Old 02-02-2013, 11:53 AM   #11
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Quote:
Originally Posted by bakerworld View Post
Was looking at a resale and it stated the purchaser would be responsible for all dues owed. Is this a normal condition? Or is the seller trying to only pay closing costs?
Quote:
Originally Posted by Missyrose View Post
Everything is typically negotiable in a resale sale. If that seller is rigid about wanting to be reimbursed for MFs, I'd lower your per point offer price accordingly.
Agreed. I'd also like to add that the expectation of most sellers (and the brokers in my opinion) is that they will have their maintenance fees reimbursed. So while you can get away with not having to do it, it's a bit of an uphill battle. You're better off doing like Missy said and offering to reimburse fees and lowering your offer price accordingly.
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