Right? Don’t these people realize there’s only 20 years left on these contracts?! And these properties are old and dated?! Sure the locations are great but a 20 year lease at those prices seems crazy to me
I think most are hoping for an extension like OKW and I don’t blame them. The locations of BWV and BCV can’t be beat.
People definitely do realize that but if someone loves BWV or BCV and wants to stay in a studio you definitely need to own there depending on the room type. I fell in love with BWV on my honeymoon and bought in to be able to book the Boardwalk View studios at the home resort booking window. Nobody knows what will come in 20 years, Disney could offer extensions on the dvc properties, who knows. Everyone has a different opinion on looking that far into the future. All I know is that as time goes on these rooms are going to get more and more difficult to book as more people buy into dvc and as dvc opens new resorts. Also, for a resort like BWV, the point charts are super low compared to have much these rooms cost cash even on similar rooms on the hotel side. Certainly some people do buy in with taking the expiration date of the resort as the main factor but there are many different ways to look at it. I recently bought into BWV at $130 a point after having mine ROFR’d at $118 and seeing them ROFR’d into the early and mid $120’s a point. I was ok with that, as time goes on the contracts will keep going up as they have over the past years as Disney increases direct prices and resort cash prices. At some point the value may come down as the expiration date gets within the 5 or 10 year range but nobody really knows!
I have been. Though my initial contract was sent to Disney for ROFR on 3/26, I ALSO did have a couple of addendums and revisions because I ended up buying a second VGC contract with the same UY at the same price from the same owner. So all in all, my contract probably has a 4/2 submittal date but not exactly sure. I honestly don’t mind the delay because the contract had some expiring points in June and the current seller booked a vacation for me at the Aulani for next week. I don’t want to lose that “free vacation” if we end up closing before then. But hopefully, Disney will pass on our contract in the next week! Hoping the best for all of us!
I’m just totally jealous at current owners. I would love to own BCV or BWV, but not at these prices. If Disney ever did offer extensions, the resale prices will go through the roof!Exactly, people always say that Disney isn’t going to offer extensions for these 2042 resorts. But nobody really knows.. If they let them expire fully and resold them as brand new they would have to sit on a period of time with little to no owners as people bought in. Sure they could sell them at crazy expensive direct prices but again it would take a long time for them to resell all the points. I’m not speculating that they’re going to offer extensions, but if they did it certainly would be much more popular than when they offered the OKW extensions. Being able to walk to two parks is the best hence why I decided to buy a smallish contract at BWV
For sure! I’m sure there’s a semi decent chance they may offer extensions debatably. It definitely won’t be at a cheap price tho
We are past the 50 day mark waiting on ROFR with Fidelity. Watching prices rise and inventory dry up has been hard as we wait. Hope it goes through quickly for you now submitted.
I think I just means that they aren’t going to negotiate much on the price vs a person just looking to sell and get out of DVC.
Got it. Makes sense...
Sigh. Another week and another month bites the dust! Hoping May brings good news for all!
Yeah, but forking up 30-40k for a 20 year contract is a hard pill to swallow. Bring on the Disneyland DVC tower!For sure! I’m sure there’s a semi decent chance they may offer extensions debatably. It definitely won’t be at a cheap price tho
But to your point I also bought a smaller contract for my price point, I certainly wouldn’t have considered it if the contract was like 200 plus points unless it was loaded or something like that. If it’s a larger contract like that the price per point should be less for sure.
Oh for sure! I bought a small contract I wouldn’t fork over that much for one of the 2042 resorts.. I didn’t spend that much on both of the contracts I purchased combined lol
That’s really misguided though. There is no way DVC is going the extension route again.
