Are you looking to buy a timeshare or sell your existing one? Then you’ve probably heard of DVC resale.
DVC is a popular vacation ownership program that allows members to stay at one of Disney’s deluxe resorts every year. However, buying a timeshare directly from Disney can be expensive. That’s where DVC resale comes in.
In this guide, we’ll discuss everything you need to know about DVC resale. This will help you make an informed decision when buying or selling a DVC timeshare. Keep reading to learn more!
What is DVC Resale?
This is the process of buying or selling a Disney Vacation Club timeshare from an existing owner. These owners are typically looking to sell their timeshare for various reasons. This can include financial constraints or changes in vacation plans.
When purchasing a resale, you’re buying someone else’s membership and rights. This can be a more affordable option for those interested in becoming DVC members.
The Benefits
There are a few key benefits to buying or selling a Disney Vacation Club resale. Let’s take a look at them below:
Lower Cost
One of the main advantages of buying a DVC resale is the lower cost. Since you’re buying from an existing owner, you can avoid paying the high prices associated with buying directly from Disney.
Larger Selection
Another benefit is the larger selection available. While Disney only offers current or upcoming DVC resorts for sale, resales can offer older and more established properties as well. This provides buyers with more options to choose from in terms of location, size, and amenities.
Faster Closing Process
Buying a Disney Vacation Club resale can also be much faster than buying directly from Disney. The closing process is typically quicker. This means you can start planning your vacations sooner!
Flexible Usage Options
Buying a resale can also offer more flexible usage options. Some resales come with different point packages or use years. This allows for more customization of your vacations.
Potential for Appreciation
There is also the potential for appreciation when buying a Disney Vacation Club resale. While this cannot be guaranteed, certain properties and seasons may increase in value over time. This can be beneficial for those looking to sell their membership in the future.
Established Resale Market
The DVC timeshare resale market has developed a solid reputation and infrastructure over the years. This means that buyers can easily access resources such as listings, reviews, and real estate agents who specialize in DVC resales. This makes the buying process smoother and more transparent.
Opportunity for Negotiation
In many cases, buyers have the opportunity to negotiate the price of DVC listings. This flexibility can allow you to settle on a price that fits your budget. It can also be advantageous for sellers who may need to sell their membership quickly.
Lower Maintenance Fees
Maintenance fees are an important factor to consider when purchasing a DVC timeshare. Buying a resale can mean lower maintenance fees. This is because older properties and points packages tend to have lower fees compared to newer ones.
Easier Financing Options
Many resale properties come with a wider array of financing options compared to purchasing directly from Disney. This can make it easier for buyers to find suitable payment plans that fit their financial situation.
Customization of Ownership
Buying a resale allows for greater customization of ownership. You can choose from different point allocations and contracts that align with your vacation preferences. This ensures that your DVC experience meets your unique needs and lifestyle.
The Process
The process of buying or selling a DVC resale is similar to that of any real estate transaction. However, there are some key differences to be aware of. Here’s a step-by-step breakdown:
Research Available Listings
The first step is to research available listings. There are various websites and real estate agents that specialize in resale. Take your time to browse through different options and find one that suits your needs.
You might want to consider checking the resale listing at Disney’s Hilton Head. It is a great way to get an idea of what’s available and at what price.
Determine Your Budget
Next, determine your budget. This will help you narrow down your options and find a resale within your price range. Remember to factor in additional costs such as closing fees and annual maintenance fees.
You can also use a resale calculator to get an estimate of the costs. This can help you make a more informed decision.
Connect with a Resale Agent
Once you have found a listing that interests you, it’s time to connect with a resale agent. They can provide more information about the property. They can also guide you through the buying process.
Make sure to choose a reputable and experienced agent who specializes in DVC. They can help you navigate any potential complexities that may arise during the transaction.
Make an Offer
Once you have found the right property and negotiated the price, it’s time to make an offer. This is typically done through a purchase agreement that outlines the terms and conditions of the sale.
You may also need to put down a deposit to secure the property while the closing process takes place. This deposit is usually held in escrow until the sale is finalized.
Close the Deal
The final step is to close the deal. This usually involves signing legal documents and transferring ownership of the property. The closing process can take a few weeks to a few months. This depends on various factors such as financing and title transfers.
Once everything is finalized, you become the proud owner of a DVC timeshare! You can then start planning your future Disney vacations.
DVC Resale: Maximizing Your Timeshare Investment
DVC resale can be a great option for those looking to buy or sell a timeshare. It offers a more affordable and flexible way to become a DVC member. It also provides a wide range of benefits and opportunities for both buyers and sellers.
It’s important to do your research and work with reputable agents to ensure a smooth transaction. With the benefits and opportunities that DVC resale offers, it’s worth considering for your next vacation ownership experience.
