We finally did it!

[Simba 1]

We got our e-mail from the Timeshare Store this morning that Disney waived on the package and it's officially ours! We are ready to close as soon as we sign (and pay). That was a lot faster than I thought. Our offer was just accepted by the seller on 5/19.
The stats:
310 points at OKW
April use year
$64/pt

Best part - we intend to travel in May 2011, which means we will bank the 2010 points. So we will have 620 points to play with next year. Yippie!!

[PlutoPlanet]

Congrats! It looks like you got a great deal.

[JROriole8Fan]

Not being a member, is your annual cost $19,840? How many weeks and what does that buy for you?

[Simba 1]

The cost per point is a one time cost to buy the real estate interest. The ongoing annual maintenance fee for OKW is $4.87 per point.

The Disney Timeshare program is not based on weeks, but on points. The amount of vacation time we can reserve will depend on the size of the accommodation, the resort, and the time of the year we want to go. Roughly, we wanted enough points to vacation yearly in a 2 bedroom during most times of the year.

There is a lot of info on this site that can further explain Disney's program.

[antnyh]

HOME!

We too just joined at BLT! Can't wait to go!

[Here we go again...]

You do know that you can book your home resort 11 months out right?
That means you can book your trip NOW!!

Congratulations!

[okw2006]

Welcome home neighbor! You will love it!

[vizsla]

Congratulations and Welcome Home

[MinnieMommie]

and

Home!

[jensantuit]

Congratulations and Home

[Plex]

Not being a member, is your annual cost $19,840? How many weeks and what does that buy for you?

It varies depending on where you stay and what time of year. 310 per year is good for a stay in pretty much any 2-bedroom for one week (sleeps 9) all the way up to 4+ weeks for a Studio (sleeps 4) at certain times a year at some of the resorts.

In other words, 310 points per year will be giving these points a whole heck of a lot of Disney!

[Simba 1]

THANKS NEIGHBORS!

[OogieBoogieMan]

Congratulations, it sounds like you got a great deal!

[pdrlkr]