DVC RESALES
DVC RESALES

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Old 03-07-2014, 08:31 AM   #211
MickeyFan612
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Quote:
Originally Posted by genia11 View Post
$64-$10,240.00-160-SSR-Jun-0/'13, 84/'14, 160/'15-sent 3/05/2014

Seller and buyer sharing (50/50) 2014 MF's, buyer paying admin fee and closing costs.

We are very excited as this is our first foray into DVC.
Good Luck on your deal!
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Old 03-07-2014, 09:03 AM   #212
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So tired of waiting.

I just have to say this out load. "Type it" …


I am so tired of waiting, can someone give me an idea of the timeline I am looking at once I do hear back from ROFR.

Was submitted on 2/14 so should hear back by 3/16…. after that how long closing usually take on a resale… and how long for disney to get account info set?

I really want to have this all wrapped up at the 7 month mark before November Wine and Dine… still holding out hope that I might be able to get into Boardwalk that weekend.
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Old 03-07-2014, 09:16 AM   #213
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Quote:
Originally Posted by MIDISNEY243
I just have to say this out load. "Type it" …

I am so tired of waiting, can someone give me an idea of the timeline I am looking at once I do hear back from ROFR.

Was submitted on 2/14 so should hear back by 3/16…. after that how long closing usually take on a resale… and how long for disney to get account info set?

I really want to have this all wrapped up at the 7 month mark before November Wine and Dine… still holding out hope that I might be able to get into Boardwalk that weekend.
You should be wrapped up with points in your account 2-3 weeks after your deed has been recorded. Waiting stinks! Lol

Eta... Deed was recorded 3 days after closing

Last edited by that's nice; 03-07-2014 at 09:52 AM.
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Old 03-08-2014, 09:34 AM   #214
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I'm in! The wait that is LOL!

We just made an offer (countered by seller and we accepted their counter)!! I'm beyond giddy at the thought of owning DVC! We've been dreaming about it for years but DH finally started crunching numbers over the last two weeks and we realized we could really do it. Researched on here and around, figured out exactly what we want (at least to start with LOL) and went all in!

$99-$10,800-100-BLT-Aug-9/13-100/14-100/15
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Old 03-08-2014, 10:10 AM   #215
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Originally Posted by MIDISNEY243 View Post
I am so tired of waiting, can someone give me an idea of the timeline I am looking at once I do hear back from ROFR.
Our timeline

Cleared ROFR 1/27/14
Received our closing documents (TSS) 2/3/14 - overnighted them back the next day
Closed 2/10/14 (remember, buyer documents must be notarized, it will take them a day or two)
Received our package from DVC including the member number but NOT the ID number 2/26/14
Received the email with activation code 3/5/14

Still had to call to logon to the DVC member site, as the letter Disney sent included the member number but NOT the ID number you need to activate - thanks Disney! We were not in a hurry (we were actually at Disney that week - our UY is Aug and we're just banking 2013 points, so we didn't need to rush the account activation), but once you have your member number if you call DVC member services they can walk you through logging on.
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Old 03-08-2014, 10:58 AM   #216
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Just sent to ROFR today. Stripped contract (don't judge), it suited our needs, budget and timing and we already have this years' trips all planned out.

Anyway, here's the deets...

Physics Guy---$61-$18761-296-OKW-Feb-28/'14, 296/'15-sent 3/8
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Old 03-08-2014, 05:47 PM   #217
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I would never, ever, under any circumstances, judge a contributor whose screen name is "physics guy." Cause I'm pretty sure he's a lot smarter than me...

Congrats on a great contract!
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Old 03-09-2014, 03:03 PM   #218
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Quote:
Originally Posted by Physics Guy View Post
Just sent to ROFR today. Stripped contract (don't judge), it suited our needs, budget and timing and we already have this years' trips all planned out.

Anyway, here's the deets...

Physics Guy---$61-$18761-296-OKW-Feb-28/'14, 296/'15-sent 3/8

No judging - we just did a resale add-on of a stripped contract for the same reasons. We just did a big trip and are returning in July so we did not need current points or the expense of current dues. The UY and the timing were right for us. So congrats and good luck on your contract!
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Old 03-09-2014, 05:16 PM   #219
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Curious...did we bid on what would be considered a "stripped" contract (it's 100 points)? 9 points from 2013, 100 2014 and 2015 with an August UY. We already have a trip planned this fall so didn't need any points until NEXT fall so weren't interested in a contract with 2013 points. Or is a stripped contract one with no 2013 or 2014? Just wondering the terminology.
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Old 03-09-2014, 06:19 PM   #220
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My interpretation is a regular contract would have retained all or most of the current UY's points. If there are some points banked from the prior UY it would be "loaded" and if it is missing some or all of the current UY points or even missing borrowed points from the next UY it is "stripped"

I've never seen anyone put numbers to it, but in my analytical mind my 28/296 points left from 2014 would make mine about 91% percent stripped, while if it had, lets say, 100 points banked from 2013 I would call it 34% loaded. And if it was missing all of 2014 and half of 2015 points it would be 150% stripped. Just the way I would see it.

So by this theory, I would call yours 91% stripped as well, but others may see it differently. You're halfway through your UY, while I'm just starting mine, so some may call mine more stripped than yours.
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Old 03-09-2014, 07:33 PM   #221
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In my view-
100 point contract

Loaded- 100p banked (2013), 100p (2014), 100p (2015 )

Regular- no points (2013), 100p (2014) , 100p(2015)

Stripped- no points (2013) , little to no points (2014), 100p (2015)

Another RARE view of a VERY stripped contract is - no points (2013), no points (2014), little to no points (2015), 100p (2016)
I believe the Resales brokers do not like to list this example until 2015.. But I've seen a few out there..
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Old 03-09-2014, 07:45 PM   #222
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Waiting on 200pt SS contract

Hi Everyone,
Just posting in case anyone else is in the same boat and looking at SS Contracts:

We currently have 230 SS points and wanted to add on 200 more points. We checked out VB but decided to pay the extra money up front for SS to get the extra years and less expensive maintenance fees.

$72-200-Saratoga Springs-Feb -75/'14, 200/'15, 200/'16-sent 2/22

Hopefully hear back in a couple weeks!
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Old 03-09-2014, 08:34 PM   #223
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Talking about stripped contracts ...........
We have been looking at and just made deals on 2 Dec UY contracts. Both have full 2014 points, so by definition they are not stripped, but they sure do feel like they are stripped, since the points are not available until Dec !
At least we don't need any points until 2015 !
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Old 03-09-2014, 09:14 PM   #224
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Talking about stripped contracts ...........
We have been looking at and just made deals on 2 Dec UY contracts. Both have full 2014 points, so by definition they are not stripped, but they sure do feel like they are stripped, since the points are not available until Dec !
At least we don't need any points until 2015 !
Just trying to figure this out... since you are technically in your 2013 UY aren't these stripped by standard definition (albeit there is no 'official' definition), as there are no points available in your current UY?
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Old 03-09-2014, 09:52 PM   #225
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I would consider a loaded contract to be one with the prior UY points banked, all current points, and future.

A neutral contract all current UY points and future.

A stripped contract less than full current UY points. And then there's the extreme stripped contract, with future UY points also used.

So yeah, any contract with UY later than March (as of this post) without 2013 points would by this definition be stripped. Although it becomes less relevant as you get closer to the UY start, as non-banked points would expire if you couldn't use them by the time you closed and got everything transferred to your control.

And make no mistake, there are perfectly good reasons to buy a stripped contract- namely price, availability, and the reality that you might not need points for a while, as some prior posters have noted.

It would be easier to conceptualize if everyone's UY began January 1. But the bottom line is that for six out of the eight DVC UY possibilities, today is "still 2013" with regards to their points. December of course is the worst to grasp, since it will "still be 2013" for those contracts for eight more months.

But this is a critical concept to understand. DVC salespeople in my opinion use this to manipulate prospective buyers, by implying or stating they're getting "something special" when they give them the current UY points that they are paying for, and then the buyer also receives the next UY points when their year rollover date transpires. This IMO is the most blatantly misleading sales tactic they employ.
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