What is DVC?

A well-known vacation ownership plan is the Disney Vacation Club (DVC). DVC provides members with the chance to experience high-end, friendly holidays in 15 different destinations.

In general, only the most recent resorts are offered for immediate purchase directly from Disney. It is possible to request Disney to place you on a waiting list to purchase other resorts, though they are supposedly sold out. If Disney decides to exercise its right of first refusal on a dvc resale, or it receives back points via foreclosure, it will then turn around and offer those points at current full market prices to the next person on the waiting list.

Memberships

Owners who are currently owners can offer to sell their DVC resort memberships via the dvc resale club to purchase contracts. If you make an offer that is too low, Disney will exercise its right of first refusal and buy it out from under your feet. This is good for the seller as they will be paid regardless, but a waste of the buyers' time. Make sure you do your research before you make an offer. This will provide you with an idea of the likelihood of winning the contract. Resales contracts typically sell for 50-70% of the price Disney is selling its resorts for new. However, there are occasional flashy deals reported in which you can get contracts at 30 percent or less. These offers are rare so don't expect to get these deals. Disney will usually take any offer below its right to first refusal. Even if you buy at 70% of cost of retail, that's a pretty huge savings on a purchase this large.

Shopping for Goods

If you're looking to DVC in the shortest time possible to be able to use immediately, purchasing direct from Disney is generally the best bet. You can usually get the transaction done in a matter of minutes in the event that you're already at Walt Disney World, and even over the phone it typically takes only one or two days to buy a contract. Disney accelerates the process of recording deeds, and it is possible to get a reservation right away after you have signed the documents. It's even before the state records the deed.

If you are looking to pay the lowest price possible purchasing dvc resales is typically the best option. You just have to understand that the process can be slow, sometimes frustratingly slow. If you are selling a property, you first have to find a good contract. If you're looking for a certain size at a smaller resort it may take time to find one up. If you do find one, and offer to purchase then the seller might decide to accept a different offer, and you have to wait for another one to come along. Once the offer is accepted, it has to be sent to Disney for them to determine whether they want to exercise their right of first refusal. This is then followed by the titling process and deed recording process.

Incentive Programs

Disney offers special incentives to prospective buyers for Disney Vacation Club resorts currently for sale. The offers can changing at any time, and are not guaranteed at the time you purchase. New buyers usually need to buy 100 points or more.

Conclusion

A DVC membership can be a sensible economically viable option for some people such as those with the cost of the initial purchase already in their bank account, who plan to stay in the higher-end accommodations at Walt Disney World, Disneyland or Disney's beach resorts on a regular basis.

Posted by: MagdalenaiIngram at 09:03 AM | No Comments | Add Comment
Post contains 612 words, total size 4 kb.