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Post by Brian5581 on Aug 31, 2023 14:41:58 GMT -5
SSR 100 (Feb UY); 0/2023, 107/2024 (7 points banked from 2023), 100/2025, $100 pp sent 8/12/23; waived 8/30/23 Congratulations! |
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Post by dlwdwdvc on Aug 31, 2023 14:52:04 GMT -5
I think I would prefer ROFR to get those SSR for $65 and NoT a reselller.
Let us know the outcome .
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Post by pooh bears mom on Sept 23, 2023 20:21:05 GMT -5
Friend of mine saw one of his elderly patients today. She said she tried to call him Friday and Saturday because she wanted to sell her 380 SSR points on a few different contracts. She couldn't get a hold of him so she called dvc who gave her a resellers name. She called and sold her points at $65 a point just wanting to get what she spent back. WOW!! I would have grabbed that!! |
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Post by pooh bears mom on Sept 23, 2023 20:29:40 GMT -5
First page updated:) congratulations to all who passed and best of luck to all who are waiting:)
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robbie
Waiting on ROFR
Long time DVC owner and renter
Posts: 37
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Post by robbie on Sept 23, 2023 21:47:36 GMT -5
NIce price. Congratulations! I think it should pass:) We are also keeping an eye out for resale RIV if it drops under 100. The resort is beautiful! Thanks!
Good Luck with your hunt.....a sub-$100 Riviera contract will be tough to come by, at least for now.
Nothing personal, but I kinda hope we never see a sub 100 contract… I would lose i lot of value |
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Post by tomandrobin on Sept 25, 2023 10:49:59 GMT -5
Nothing personal, but I kinda hope we never see a sub 100 contract… I would lose i lot of value Contracts rise and fall..... The economy has been weird the past three years because of covid money and inflation.
The next downturn will impact resale contracts, it always has. When will that occur, that is a the million dollar question.
I am curious to see how the resale market changes as the 50 year expiration nears. I am not sure if the pending loss of the 2042 resorts will help the other resales or drag them down too.
Remember, at the end of the day its a timeshare with an expiration of 50 years. DVC timeshares are leaseholds, which are similar to Right To Use timeshares except the are deeded. At the end of 50 years, there is zero value to the owners.
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Post by brp on Sept 25, 2023 10:56:47 GMT -5
Nothing personal, but I kinda hope we never see a sub 100 contract… I would lose i lot of value I am curious to see how the resale market changes as the 50 year expiration nears. I am not sure if the pending loss of the 2042 resorts will help the other resales or drag them down too.
These are good questions. Certainly the resale value of the expiring resorts will decline. The big questions, as you say, are: when will it start and at what rate.
As to the second question, much will depend upon what else gets built between now and then. Certainly the current 2042 locations will not remain fallow. There are too many that are super-prime. Interesting to see what happens with them.
Cheers.
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Post by PirateLinda on Sept 25, 2023 11:39:12 GMT -5
My question is:
Is it worth buying more points now at resorts with the 2042 expiration date?
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Post by tomandrobin on Sept 25, 2023 11:59:43 GMT -5
My question is: Is it worth buying more points now at resorts with the 2042 expiration date? Well....There are still 19 years left for the 2042 resorts. So the answer is yes, but with the understanding that you will probably be selling them at a loss of what you paid now, in 8 years.
19 years is a long time.....I will be 76 years old.
Disclaimers I own zero of the 2042 resorts. I have been an owner since 2006, 17 years.
We have only owned one 2042 resort previously, and sold it in 2015.
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Post by brp on Sept 25, 2023 16:58:13 GMT -5
My question is: Is it worth buying more points now at resorts with the 2042 expiration date? Well....There are still 19 years left for the 2042 resorts. So the answer is yes, but with the understanding that you will probably be selling them at a loss of what you paid now, in 8 years.
19 years is a long time.....I will be 76 years old.
We will be 82, and definitely selling at a loss. Pulling out my abacus...carry the 2...subtract 7....divide by pi...I calculate 100% loss of principal in 2042.
Cheers.
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Post by PirateLinda on Sept 25, 2023 17:26:55 GMT -5
My question is: Is it worth buying more points now at resorts with the 2042 expiration date? Well....There are still 19 years left for the 2042 resorts. So the answer is yes, but with the understanding that you will probably be selling them at a loss of what you paid now, in 8 years.
19 years is a long time.....I will be 76 years old.
Disclaimers I own zero of the 2042 resorts. I have been an owner since 2006, 17 years.
We have only owned one 2042 resort previously, and sold it in 2015.
We've been members for 20 years. BWV was our first purchase. We have since added on with OKW (57) and AKV points. I was thinking about adding on to our BWV points. We have raised BWV snobs. And although they do enjoy the other resorts, Boardwalk has its advantages. For family trips (and it's growing), more points at the Boardwalk would be nice. Well....There are still 19 years left for the 2042 resorts. So the answer is yes, but with the understanding that you will probably be selling them at a loss of what you paid now, in 8 years.
19 years is a long time.....I will be 76 years old.
We will be 82, and definitely selling at a loss. Pulling out my abacus...carry the 2...subtract 7....divide by pi...I calculate 100% loss of principal in 2042.
Cheers.
I'll be 85 and we are holding on to our points until the end. |
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Post by disney54us on Sept 25, 2023 18:47:06 GMT -5
My question is: Is it worth buying more points now at resorts with the 2042 expiration date? Well....There are still 19 years left for the 2042 resorts. So the answer is yes, but with the understanding that you will probably be selling them at a loss of what you paid now, in 8 years.
19 years is a long time.....I will be 76 years old.
Disclaimers I own zero of the 2042 resorts. I have been an owner since 2006, 17 years.
We have only owned one 2042 resort previously, and sold it in 2015.
76 is still young as long as your health remains good. Well....There are still 19 years left for the 2042 resorts. So the answer is yes, but with the understanding that you will probably be selling them at a loss of what you paid now, in 8 years.
19 years is a long time.....I will be 76 years old.
We will be 82, and definitely selling at a loss. Pulling out my abacus...carry the 2...subtract 7....divide by pi...I calculate 100% loss of principal in 2042. Cheers. Well since we are the same age, I guess I will be too (82), thanks for the reminder…. If I make it. I never really thought about it when buying. I’m a okw (97) owner along with other resorts. I won’t look at it as a loss. Okw gave us years of vacations and memories, while my ‘kids’ were growing up. Many with their grandparents, when they were alive. So for me not a 100% loss, as long as we/you got use of your investment. It’s all good. When I die if there is anything left, Poly, CC etc. they can do what they want. I won’t be around. I was not even 40 when we bought in, forever young…. Continue tune. never thought about it, and this aging thing is slowly getting depressing and my contracts expiring. can we brighten this up, please. Aging is real. |
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Post by brp on Sept 25, 2023 18:52:28 GMT -5
We will be 82, and definitely selling at a loss. Pulling out my abacus...carry the 2...subtract 7....divide by pi...I calculate 100% loss of principal in 2042. Cheers. Well since we are the same age, I guess I will be too (82), thanks for the reminder…. If I make it. I never really thought about it when buying. I’m a okw (97) owner along with other resorts. I won’t look at it as a loss. Okw gave us years of vacations and memories, while my ‘kids’ were growing up. Many with their grandparents, when they were alive. So for me not a 100% loss, as long as we/you got use of your investment. Oh, definitely not a loss at all from that standpoint. From a purely financial standpoint, of course, we will have lost 100% of our initial investment. That's just maths.
But, of course, it's not about the financial with an investment like this.
Cheers.
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Post by disney54us on Sept 25, 2023 19:20:38 GMT -5
Well since we are the same age, I guess I will be too (82), thanks for the reminder…. If I make it. I never really thought about it when buying. I’m a okw (97) owner along with other resorts. I won’t look at it as a loss. Okw gave us years of vacations and memories, while my ‘kids’ were growing up. Many with their grandparents, when they were alive. So for me not a 100% loss, as long as we/you got use of your investment. Oh, definitely not a loss at all from that standpoint. From a purely financial standpoint, of course, we will have lost 100% of our initial investment. That's just maths. But, of course, it's not about the financial with an investment like this. Cheers. Exactly, i know you and Mrs.have enjoyed as we have. All this expiring talk not liking it, lol. It was one of the best ‘investments’ we made. We didn’t even have our son back then, they gave you credits towards your down payment. It depended where you were staying. We were in the Poly concierge. So we received the maximum credit. After going through the tour it was the 25th anniversary and we were supposedly the 25th guest, hmm. Confetti and they taking our daughter of for ice cream sundaes in the kid area. As we attended the full screen production. I’m not sure how they do it now, but back then they went big. With tinker coming across.with pixie dust. I don’t know if it was, hey they had FiestaWare in the villas (back then) or the pixy dust or because of credits. Our down payment was $347. . Done deal, here’s my Amex, okay we will buy. I did not take the extension, as I was like… how old will I be. We owned no mortgage both Okw contracts so no need. . |
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Post by PirateLinda on Sept 25, 2023 19:46:52 GMT -5
Oh, definitely not a loss at all from that standpoint. From a purely financial standpoint, of course, we will have lost 100% of our initial investment. That's just maths. But, of course, it's not about the financial with an investment like this. Cheers. Exactly, i know you and Mrs.have enjoyed as we have. All this expiring talk not liking it, lol. It was one of the best ‘investments’ we made. We didn’t even have our son back then, they gave you credits towards your down payment. It depended where you were staying. We were in the Poly concierge. So we received the maximum credit. After going through the tour it was the 25th anniversary and we were supposedly the 25th guest, hmm. Confetti and they taking our daughter of for ice cream sundaes in the kid area. As we attended the full screen production. I’m not sure how they do it now, but back then they went big. With tinker coming across.with pixie dust. I don’t know if it was, hey they had FiestaWare in the villas (back then) or the pixy dust or because of credits. Our down payment was $347. . Done deal, here’s my Amex, okay we will buy. I did not take the extension, as I was like… how old will I be. We owned no mortgage both Okw contracts so no need. . Our stay at OKW is the reason we have Fiesta Ware. I even bought the turquoise color. |
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