Putting other people on the deed makes them liable for any and all fees, and also gives them control of the Acct. I probably would not do that.
Hi,
We bought a 25 point contract years ago to get the discounts and to have a couple of days a year on site. Some years we rented the points to others when we didn't need them. This year we added our adult daughters to our contract so that they and their families could get the discounts.
For the cost of the small contract and the small expense of adding them to the deed (we did it ourselves) we think that it is a good way to get discounts.
People will tell you all the reasons that it could be a bad idea but with 25 point contracts there is just not that much liability.
I say if you want to do it then go for it.
The difference in the initial buy in and the dues for the different resorts is not that great so I suggest getting whatever becomes available.
If you think that you might want to rent out the points that you buy then some points are worth more so maybe buy into those resorts.
Good luck
Pam
Hi,
We bought a 25 point contract years ago to get the discounts and to have a couple of days a year on site. Some years we rented the points to others when we didn't need them. This year we added our adult daughters to our contract so that they and their families could get the discounts.
For the cost of the small contract and the small expense of adding them to the deed (we did it ourselves) we think that it is a good way to get discounts.
People will tell you all the reasons that it could be a bad idea but with 25 point contracts there is just not that much liability.
I say if you want to do it then go for it.
The difference in the initial buy in and the dues for the different resorts is not that great so I suggest getting whatever becomes available.
If you think that you might want to rent out the points that you buy then some points are worth more so maybe buy into those resorts.
Good luck
Pam
This is almost certainly not true. If, for some reason, DVC Members are no longer eligible for Gold APs, you won't be able to renew to it and would instead have to move to an alternative AP for which you are eligible (but you will probably get the renewal price on that AP). Remember: you can call a disney phone line with a yes/no question three different times and get three different answers...If the plug gets pulled on the Gold membership according to a Disney Vacation Guide as long as you keep renewing you will be fine
This is almost certainly not true. If, for some reason, DVC Members are no longer eligible for Gold APs, you won't be able to renew to it and would instead have to move to an alternative AP for which you are eligible (but you will probably get the renewal price on that AP). Remember: you can call a disney phone line with a yes/no question three different times and get three different answers...
You should calculate what your payoff horizon will be. If it is more than about 2-3 years, I personally would pass on this. I expect changes to the admissions pricing model as the large new expansions in AK and DS come on line.
I do see the appeal. Timesharers are fond of finding corner cases for a deal. But, sometimes we are too clever for our own good.
6 people can be on the same deed
Hi, I have been contemplating doing this same thing. Where did you find the answer to your question? I would be looking for something for my mother, daughter, granddaughter and myself. 3 different addresses at this time. Wondering about a work around?
This is almost certainly not true. If, for some reason, DVC Members are no longer eligible for Gold APs, you won't be able to renew to it and would instead have to move to an alternative AP for which you are eligible (but you will probably get the renewal price on that AP).
I agree with brian.
several years ago, DVC members got free valet parking. one day that changed - DVC members valet parked at night and got charged in the morning. perks come and go...it's really not a good idea to buy just for the perks...
The problem is that a policy change that affects the contract's value as an AP discount tool will devalue the contract. It has the value it has because there is demand from people who want it for the same reason you do. That reason leaves, so does the demand.
Glad you came here and took the time and got educated. At least now you know the facts and made a decision that you are happy with. Have many happy years using the discount!Thanks for the feedback I already took the dive and scored a 25 point contract the way I see it is if I decide I want out the 25 point contracts seem to be a hot commodity. I hear you on the being told different things this is typical in the timeshare world through any customer service.
I am indeed happy with my purchase and my brute force research and appreciate everyones feedback
Really?? even if it is a good deal and DVC very very slowly appreciates in value?
But don't forget the dining discounts and free parking. I can stay at Bonnet Creek, drive to the parks, and smile when they ask for my $20! Five days of free parking can pay for the maint fee for the year.
6 people can be on the same deed
DVc vacation guide plus validated with the resale company I am going through that specializes in DVc resalesWhere did you find the information regarding how many names you can put on a deed? I'm still considering doing this.