DVC RESALES
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Old 04-27-2013, 11:29 AM   #16
Tigger2ntinkerbell
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Question

Please explain what it means by the contract is"stripped"??.

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Old 04-27-2013, 02:18 PM   #17
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Originally Posted by Tigger2ntinkerbell View Post
Please explain what it means by the contract is"stripped"??.

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With all its current year points used and next year's points borrowed and used. So you buy, but don't have any points to use for quite a long time.
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Old 04-27-2013, 05:30 PM   #18
cseca
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Originally Posted by Minniesgal View Post

These are only asking prices you need to negotiate to get the best deals and be prepared to stick to your limits and walk away from one deal and find another of necessary
Interesting ... It's just that I have not been able to even get our foot in the door with less than $90/pt. we tried several times 4 contracts with 3 different brokers offering around $80-$85 and pretty much was outbid within less than a day.
Oh well I guess it was not our time then
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Old 04-27-2013, 07:29 PM   #19
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Interesting ... It's just that I have not been able to even get our foot in the door with less than $90/pt. we tried several times 4 contracts with 3 different brokers offering around $80-$85 and pretty much was outbid within less than a day.
Oh well I guess it was not our time then
Just remember you can be creative - a few years ago I bought SSR contract and it had 3 years worth of points coming within 6 months. We paid 59.00PP and right after we closed I rented 1 years worth of points out at 10.00PP which I put the proceeds towards the purchase. Brought my cost down to 49.00PP. Right now I am in ROFR same situation if I pass I will rent out 1 or 2 years worth of points for a reduction of 10.00 to 20.00PP. I will still be left with 2013 and forward points if I rent out 2 years worth!
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Old 04-27-2013, 07:37 PM   #20
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Just remember you can be creative - a few years ago I bought SSR contract and it had 3 years worth of points coming within 6 months. We paid 59.00PP and right after we closed I rented 1 years worth of points out at 10.00PP which I put the proceeds towards the purchase. Brought my cost down to 49.00PP. Right now I am in ROFR same situation if I pass I will rent out 1 or 2 years worth of points for a reduction of 10.00 to 20.00PP. I will still be left with 2013 and forward points if I rent out 2 years worth!
I completely understand. I think my problem is looking for a specific UY when the inventory is already low. Luckily we already got one and we are happy to lay low for awhile until we see something we're willing to pull the trigger on.
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Old 04-27-2013, 09:06 PM   #21
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I completely understand. I think my problem is looking for a specific UY when the inventory is already low. Luckily we already got one and we are happy to lay low for awhile until we see something we're willing to pull the trigger on.
That's how it is, either you're willing to wait out a good deal or you're not. Fidelity can usually have more of the distressed contracts and thus, you're more likely to find a better deal.
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Old 04-27-2013, 10:30 PM   #22
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That's how it is, either you're willing to wait out a good deal or you're not. Fidelity can usually have more of the distressed contracts and thus, you're more likely to find a better deal.
Even with fidelity ... I can't even get anyone to take my call. By the time I got to someone the contracts are usually gone... Lol!
They said they are completely swamped and they promised to call if there's a contract that fits our request. But that never panned out.

Definitely a sellers market right now.
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Old 04-29-2013, 01:00 PM   #23
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Seems the going rate for BLT is mid to upper 90s. Interesting, since last summer we paid $86/point. I guess since the direct price went up, the resale followed the trend. fidelityresales has a couple in the $90-95 range. Probably will be gone by tomorrow...
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Old 04-29-2013, 04:04 PM   #24
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Seems the going rate for BLT is mid to upper 90s. Interesting, since last summer we paid $86/point. I guess since the direct price went up, the resale followed the trend. fidelityresales has a couple in the $90-95 range. Probably will be gone by tomorrow...
The going listing rate appears to be mid to upper 90s, but that's not what people are paying for them (according to the small size of the ROFR thread.)
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