So Which Home should you buy??
So you’re now wondering where to buy? Maybe your guide is pressuring in in buying the current resorts, maybe you don’t know your options. WHY DOES THIS MATTER?
To answer that, let’s look at what happens when you own at a resort:
- When you OWN at the resort, you can ALWAYS BOOK 11 Months in Advance.
- When you DON’T OWN at the resort, you can ALWAYS BOOK 7 Months in Advance.
To put in in plain English, that means you have 4 months where ONLY OWNERS of that resort can book their resort and nobody else. that’s a huge advantage
Look at June Aulani. It’s when all the kids are out, parents have their kids, and there’s no school. It’s the best time to go to Aulani! IF you ever try to get a room in June, you’ll also see it’s a Tier 2 (Second Cheapest) season at the very beginning then moves to a Tier 4 (Most expensive) the rest of the summer. EVERYONE is trying to get a room and at 7 months out, it’s nearly impossible to book!
Look at Villas at the Grand Californian, the SMALLEST and ONLY resort in California (for now). At 7 months unless you’re up at 5am PST on the dot, rooms are gone in about 10 seconds. One server glitch and your room is gone!
Now these are extreme examples of times and rooms, but generally speaking it’s always best to own where you want to stay at the most. Even if you own there it’s tough for some times. The resorts have millions of points that are sold out, so there’s many owners. Popular times pretty much always go to owners, and even then it’s a fight to get what you need!
One more thing to consider and it matters is what they did to Post Riviera Resorts. Riviera has it built in their contract that as the original owner you can do everything. As soon as you want to sell it, the BUYER of that contract can ONLY use it at the Riviera with zero benefits. In a previous post we estimated the cost at $12000-$49000, that is A LOT of money to use it at that one resort. This means it’s harder for you to sell your position if you ever want to leave. I am not a fan of this new policy but they want you to keep it or buy directly from them!
Another issue comes from sold out resorts like the Villas at the Grand Californian. This is the ONLY resort that you cannot currently buy directly from Disney. They are creating pressure to buy California so when the new Villas at the Disneyland Hotel come out, there will be huge demand.
Lastly Resale has special contracts like extended deeds, dedicated room/week stays, subsidized (aka lower) dues that you can only find in resale today.
In summary:
- Buy where you want to stay at the most
- Consider post Riviera Restrictions
- Consider sold out resorts
- Consider resale only benefits
- and again BUY WHERE YOU WANT TO STAY!!
°”Offer requires new purchasers to participate in a Resort sales tour, either telephonically, online, or in person (“Tour”), and buy an ownership interest of at least 150 Vacation Points in AULANI, Disney Vacation Club® Villas, Ko Olina, Hawaiʻi, Disney’s Riviera Resort or The Villas at Disney’s Grand Floridian Resort & Spa. Savings is a credit off the purchase price and does not represent any portion of the minimum down payment required of at least 10%, depending on qualified financing. Prices do not include one-time closing costs. Offer expires and all Tours must be completed by 365 days from date when new purchaser input their personal information into the Dream it Forward information request form. Offer cannot be combined with other select offers or discounts and may be extended, modified, or withdrawn at any time without notice. Current Disney Vacation Club Members are not eligible for this offer. Must be a legal resident of one of the fifty (50) United States or Washington D.C. to be eligible for this offer. Void where prohibited. Additional restrictions and terms may apply.”