MFs are probably why Disney passed on ROFR so they wouldnt have toWhat happened to the MFs?
pay them. I would imagine that the contacts they got back thru having them repossessed were rented out thru discounts.
MFs are probably why Disney passed on ROFR so they wouldnt have toWhat happened to the MFs?
Life is full of "what iffs".And what happens when there are many resalers & DVC changes the booking window for DRR - 11 months direct, 9 months resale, 7 month trade in. & now you can’t get a studio in the fall and don’t have enough points for another season? I’m serious here. Better off with a traditional fixed week timeshare off property.
Tragic....Two contracts listed at Fidelity for $170.
I dare someone to offer $100/point for one of those contracts!Two contracts listed at Fidelity for $170.
I dare someone to offer $100/point for one of those contracts!
There’s no way that I would pay $170/point, or even close to that price, for a resale contract with DVC’s draconian restrictions. I feel sorry for the sellers. They’re going to take a bath.
Yes, I agree with you on that point. But $100/point was the selling price on the first RIV resale. It set the precedent.I wouldn’t offer $100, when I can pay $100 for Saratoga or OKW points. In my book, they are still more valuable than DRR. Shoot, I’d even take the non-wdw over DRR.
FWIW, I’m riding Frontier Communications (FTR) all the way to the ground. I bought in just after they purchased the FIOS network and subscription base from Verizon. I thought they’d do well ... I was wrong. I had no way of knowing they failed to purchase the management software to support their operations. Wowza. What a surprise.
Yes, I agree with you on that point. But $100/point was the selling price on the first RIV resale. It set the precedent.
Too high risk for me given recent DVCMC moves. If you’re not high risk averse, go ahead.Life is full of "what iffs".
Oh I would jump at it if something came up at Riv at $50/pt....just like tons of others would also even if they (for some reason) won't admit it here.Too high risk for me given recent DVCMC moves. If you’re not high risk averse, go ahead.
Awww, nuts. Now you have me thinking back through my years with WorldCom/MCI. Shoot. I liked Bernie Ebbers. Who knew??Well, Verizon intentionally strong-armed them - the backstory is nuts. Well, not that nuts for these telecom conglomerates.
I wouldn't in any way; wouldn't consider it for a second. I have no interest in the resort so why would I pay anything for the cost and 50 years of MF's? Now, if it was $50 direct, of course, I'd buy in a heartbeat.. not resale. I am 100% certain the sellers of the Riv contracts on Fidelity will have ZERO interest at anything above $120pp and that is being very generous imo.Oh I would jump at it if something came up at Riv at $50/pt....just like tons of others would also even if they (for some reason) won't admit it here.
If I understand what you are saying it makes no sense. You are saying you don't think the sellers will get anything above $120. Say that is true.....then why wouldn't a person be happy they bought at $50 and if they didn't like the Riv, SELL it at $120 (a price you suggested) and make $70/pt on the sale? I'll even go further and say a profit minded person would buy at $50 JUST TO MAKE MONEY OFF OF IT. Why is that concept so hard for some on here to understand. I will be back to this thread in a couple years and gloat when resales have been out there for a couple years and $50/pt is a confirmed no brainer.I wouldn't in any way; wouldn't consider it for a second. I have no interest in the resort so why would I pay anything for the cost and 50 years of MF's? Now, if it was $50 direct, of course, I'd buy in a heartbeat.. not resale. I am 100% certain the sellers of the Riv contracts on Fidelity will have ZERO interest at anything above $120pp and that is being very generous imo.
I believe that we can agree someone would be interested in the above scenario just not those of us who responded. I don’t imagine I speak for everyone though, just myself... Curious, do you own DVC?If I understand what you are saying it makes no sense. You are saying you don't think the sellers will get anything above $120. Say that is true.....then why wouldn't a person be happy they bought at $50 and if they didn't like the Riv, SELL it at $120 (a price you suggested) and make $70/pt on the sale? I'll even go further and say a profit minded person would buy at $50 JUST TO MAKE MONEY OFF OF IT. Why is that concept so hard for some on here to understand. I will be back to this thread in a couple years and gloat when resales have been out there for a couple years and $50/pt is a confirmed no brainer.
It's more than that....it seems to be people with absolute closed minds about buying this property at $50/pt. They know that at that price it would be a steal but for some reason absolutely will not acknowledge it. I mentioned buying it at $50 even if it was just to flip the property for some profit and someone actually said that I was assuming I could get the $50 back out of it. That statement is so far beyond insane I laughed. Has anyone EVER heard of a brand new DVC property as grand as this one selling at $50 or less even on the resale market? No. To answer your question, I do not own DVC. (I would for $50/pt for Riviera though haha) We are completely happy staying at the POP on our trips. If I had 200 dvc points somewhere, the maint fees would be about as much as the hotel cost for the week at POP plus I'd still have to pay for the actual points. So, at the moment dvc doesn't make sense to us.I believe that we can agree someone would be interested in the above scenario just not those of us who responded. I don’t imagine I speak for everyone though, just myself... Curious, do you own DVC?
This is all academic to you then. You’ve risked nothing on the system in question and are ridiculing those of us who are unwilling to hand over our hard earned cash when the current management has done nothing but undermine member confidence in the last year?!? Never mind. I won’t bother answering you anymore.It's more than that....it seems to be people with absolute closed minds about buying this property at $50/pt. They know that at that price it would be a steal but for some reason absolutely will not acknowledge it. I mentioned buying it at $50 even if it was just to flip the property for some profit and someone actually said that I was assuming I could get the $50 back out of it. That statement is so far beyond insane I laughed. Has anyone EVER heard of a brand new DVC property as grand as this one selling at $50 or less even on the resale market? No. To answer your question, I do not own DVC. (I would for $50/pt for Riviera though haha) We are completely happy staying at the POP on our trips. If I had 200 dvc points somewhere, the maint fees would be about as much as the hotel cost for the week at POP plus I'd still have to pay for the actual points. So, at the moment dvc doesn't make sense to us.
Enjoy it. You'll have earned it.I will be back to this thread in a couple years and gloat when resales have been out there for a couple years and $50/pt is a confirmed no brainer.
I haven't ridiculed anyone. It seems that "members" think it is their way or no way....no outside thoughts are welcomed. If a longtime "member" suggested the same thing I did......the flock would have supported them 100% and agreed whole heartedly. Anyway, I'll be back to this thread after a couple years of resale on the resort....you will get the notification.This is all academic to you then. You’ve risked nothing on the system in question and are ridiculing those of us who are unwilling to hand over our hard earned cash when the current management has done nothing but undermine member confidence in the last year?!? Never mind. I won’t bother answering you anymore.