MouseScrappers.com  

Go Back   MouseScrappers.com > Travel > DVC Chat
Click here to view our Sponsors Click here to visit us on Facebook Follow us on Pinterest
Reply
 
Thread Tools Display Modes
Old 01-11-2011, 11:04 AM   #1
ResalesDVC
Having breakfast at Cape May
 
ResalesDVC's Avatar
 
Join Date: Jan 2011
Location: Orlando, FL
Posts: 2,036
Points: 18,383
Buying or Selling a DVC, Disney Vacation Club

Disney Vacation Club Resale FAQs sponsored by ResalesDVC

Resale vs. purchasing direct from DVC?
The Disney Vacation Club is a wonderful timeshare ownership whether you purchase directly from Disney or through the resale market. When you purchase a Disney Vacation Club resale, you are buying from a family just like yours. The main differences between the two avenues of purchasing include the expanded resort options available on the resale market and the per point price savings. All properties are available on resale, not just the newest ones. You can also choose to purchase as little as 25 points on resale instead of the 100 point minimum that Disney requires for first-time direct buyers. Disney will treat every owner equally as a valued guest. You will receive an online member account and your new owner’s package directly from DVC after your purchase has closed.

Currently available resale listings including point charts: Visit the constantly updated listings at our sponsor's site - Disney Vacation Club available properties and point charts www.ResalesDVC.com

DVC’s Right of First Refusal?
The purpose of Disney’s Right of First Refusal (ROFR) is to control the value of their property so that it remains in step with current values. When there is an accepted offer and a signed contract with a good faith deposit in escrow, we immediately forward all contracts to the DVC Review Board. DVC will do an analysis of the terms of the contract and decide if they wish to “step in” as the buyer. The criteria DVC uses for ROFR is not public information but one important factor for exercising (stepping in as buyer) the ROFR would be if they feel the selling price, including who pays closing costs and maintenance and taxes, is below the target price they have established. If DVC exercises their ROFR and steps in as the buyer, your deposit will be refunded in full at your request.

Closing costs and “Free and Clear” title?
The closing costs on most DVC resales will range from an average of $400 - $650 + (depending on the dollar amount of purchase) These costs will include title search, title insurance, administrative fees and recording fees (deed and any other pertinent documents). The closing costs are paid to the title company at closing. A title search is conducted by the title company to be sure that the title is free and clear and an insurance policy is issued to insure same. Your resale broker has no financial interest in any title company.

Is there financing for a resale purchase?
Yes. The most popular form of financing on the resale market is a small home equity loan or signature loan with your local bank. Those options will give you the lowest interest rates. You may also contact the below lenders of funds for timeshares. They are independent companies so you will need to contact them for the most current rates and terms.

Light stream – an online lending division of SunTrust Bank that offers unsecured timeshare financing for consumers with good to excellent credit histories

Monera Financial – mortgage loans for DVC properties located in Florida

How long is the closing process and when can I schedule my first trip?
When an offer is accepted, we prepare the contracts and email them to you. At this time, you will need to sign and return the contracts to us and also send your deposit to the title company. Once signed contracts are received and a deposit is on record with the closing company, we then forward all contracts to Disney to start the ROFR process.

It takes Disney approx. 30 days to approve a sale. When Disney approves your contract, it then takes approx. 4 weeks for the title company to get the transaction to closing. At closing, the remainder due will need to be a certified bank check or bank wire transfer to the title company (international buyers). Once the sale has closed, it takes Disney approx. 14 days to set up your new membership. Its a very easy process for buyers and we keep you updated every step of the way!

Once the sale has closed and the new deed sent to Disney, it takes about 14 days for Disney to set up your new membership and mail your membership cards for you to have the ability to schedule your first vacation.

Closing procedure...do I have to come to Florida?
You do not have to come to Florida. The majority of all DVC resales are accomplished via the internet from the comfort of your own home, regardless of which state or country you live in.

Will I get a New Member hand book?
Your New Member hand book will arrive directly from DVC approximately 3 weeks after they complete the transfer of ownership. You do not have to wait for this book to schedule your first vacation. As soon as Disney provides your new membership number, you can take full advantage of the entire plan.

Have more questions?
For more information regarding the Disney Vacation Club (DVC) resale process, please feel free to contact the MouseScrappers.com DVC partner ResalesDVC.com at their dedicated DVC Line at Toll Free 1-866-544-2919 or 001-407-877-2919. You can also email Jaki or Kinn at: Kinn.Tutas@resalesdvc.com or Jaki.Tutas@resalesdvc.com


Sponsored by ResalesDVC for a "Better DVC Resale Experience"
Garden Views Realty, Inc.
Kinn Tutas, Lic. R.E. Broker.
1106 Brick Road, Winter Garden Fl. 34787
Toll Free DVC Resale Line 1-866-544-2919
Local and non U.S. 001- 407-877-2919
Disney Vacation Club Resale Specialists Jaki Tutas-Apetz and Kinn Tutas since 1998

ResalesDVC.com and MouseScrappers.com are not affiliated in any way with the Walt Disney Company or any of its affiliates or subsidiaries.


DISCLAIMER: THIS FAQ WAS NOT WRITTEN BY Carolc or MouseScrappers. INFORMATION WAS PROVIDED BY RESALESDVC.COM. ADVERTISING MATERIAL USED FOR THE PURPOSE OF SOLICITING SALES OF TIMESHARE PERIODS.

Last edited by ResalesDVC; 02-12-2016 at 05:05 PM.

ResalesDVC is offline   Reply With Quote
Sponsored Links
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -7. The time now is 08:14 PM.



Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.

© Copyright 2009 - 2017 MouseScrappers.com, All rights reserved.
MouseScrappers.com is not affiliated in any way with Walt Disney World, The Walt Disney Company, or any of their affiliates or subsidiaries.
Visit Disney's official web site at Disney.com As to Disney artwork, logos and properties: © Disney
Ad Management plugin by RedTyger