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  1. Dean

    OKW Extension Papers & Lockout Mentioned

    Legally SA's are only allowed under certain situations and this is not one that I can see allowed under the POS components. They put themselves in this situation first by tying the contract to the land lease then again by implementing the extension. What they should have done had they want to...
  2. Dean

    OKW Extension Papers & Lockout Mentioned

    Yes, all current owners had the option for $25 with a discount to $15 initially, still overpriced by about double IMO. I bought resale in 1994, by reports, the first arms length resale. I'm not sure when resale was a more viable option to the masses.
  3. Dean

    OKW Extension Papers & Lockout Mentioned

    I don't disagree and maybe they'll figure it out. I suspect the total number of people who might end up in that situation is very small. DVC will likely coerce and/or bully the majority of those left into signing. However, contracts don't actually end in 2042, they just change owners. All...
  4. Dean

    OKW Extension Papers & Lockout Mentioned

    They make ROFR conditional on signing it. As I read the POS I'm not sure they actually have that authority but by the time you argue with them, you'd lose the sale at best. If selling arms length it wouldn't matter to the seller anyway.
  5. Dean

    OKW Extension Papers & Lockout Mentioned

    Likely not. All contracts will still be owned by someone whether it's DVC or otherwise. It's not like those contracts stop existing. This discussion will come around again for 2057 but the round coming up for 2042 should give some insights into what to expect. But there are things that could...
  6. Dean

    OKW Extension Papers & Lockout Mentioned

    Dues are Calendar year based on the number of points so it'd still require an adjustment. I do believe there are a number of ways they could pull it off but my experience suggests that there will some people affected more than others and there will be drama. There is also precedence and...
  7. Dean

    OKW Extension Papers & Lockout Mentioned

    I don't see that they have that ability for existing contracts still owned by individuals for the legacy resorts but it wouldn't matter. You have to eliminate some of the total points from the equation or extend the usage of the resort to allow the potential for the points to be used. And you...
  8. Dean

    OKW Extension Papers & Lockout Mentioned

    Insurances are tending to require roof replacements at 10-15 years in many cases for homes, not sure how this is working in the resort world. Normally timeshares cycle villa refurbishment with softgoods (furniture, carpet, drapes) every 5-7 years and a full refurbishment every 10-14 years. The...
  9. Dean

    OKW Extension Papers & Lockout Mentioned

    I don't see any way to adjust UY of the points and I don't think it's matter anyway as that'd still be more points than villas in the 2042 category the last 2 years. I've long predicted they'll limit banking the last 2 possibly 3 years and borrowing the last year possibly 2. They could also...
  10. Dean

    OKW Extension Papers & Lockout Mentioned

    Dues are going to be difficult at OKW but also at all resorts as they end depending on how it's handled, esp since not everyone will get to use all of their points. From a reservation standpoint I think it's actually potentially more difficult at the resorts other than OKW as DVC has more...
  11. Dean

    OKW Extension Papers & Lockout Mentioned

    I'm sure they discuss it about every year and in more Dept about every 2 years, esp when they're planning the release of any new resort. In some ways OKW will be more complicated for 2042 from a reservation standpoint and in some ways less so. To be the biggest question is how are they going...
  12. Dean

    OKW Extension Papers & Lockout Mentioned

    It likely won't be a real issue until it gets under around 10 years from the end date for the 2042 contracts, possibly even later if there are no bigger projects like a hard refurbishment, roof's, etc in the interim. That's not to say some won't try to make it a big deal. I've long predicted...
  13. Dean

    Annoyed at VGF

    I'll probably ruffle feathers on both sides of the isle on this one but that's OK. First, it's not feasible, and likely not possible, to give an ADA room everything a non ADA room has AND satisfy the needs for the ADA requirements. Of course there are different types of ADA rooms, not all are...
  14. Dean

    Does DVC ever upgrade for free?

    Thanks, not really following much lately but I get notices on thread's I've participated in. I probably won't see new thread's but I can always be reached by PM.
  15. Dean

    Does DVC ever upgrade for free?

    I'll again add a caution that if one requests an upgrade, you may get charged the points even if you are not told you will be charged. I know if this happening several times.
  16. Dean

    Does DVC ever upgrade for free?

    There have been reports of people simply asking, being upgraded but being charged the points without it being discussed as a possibility. If I wee going to ask for an upgrade, I'd either expect to pay the points difference OR at least make sure I understand what the ramifications are.
  17. Dean

    Step By Step - How to Add Names to an Existing Contract (Gratuitous Transfer)

    For others reading, LTtransfers.com can do it for half that for SC.
  18. Dean

    Where do you think DVC resale prices are headed?

    Can't DVC can foreclose in house now with just admin paperwork and some basic filing?
  19. Dean

    Where do you think DVC resale prices are headed?

    I doubt they will but it would likely be a good choice. Personally I'm a rip the bandaid off type of person but the reality is that spreading this out likely lessens the total blow when looked at in total.
  20. Dean

    Where do you think DVC resale prices are headed?

    On a % basis I suspect the DVD numbers are relatively small but they will certainly help some. I too suspect 2022 will be worse unless they limit banking as well.




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