How The DVC Point System works


The real estate interest is represented by "vacation points". A customer purchases a number of vacation points as a one-time purchase, becoming a "member" of the "club".  Please see our active listings for prices and availability at all DVC properties. After the initial purchase members are charged annual dues based on the number of vacation points they own (see below). There are no additional annual charges. Vacation Club members can then use these points to make reservations at one of the Vacation Club resorts or any of the other options available. The number of points needed depends on the room type, resort, and time of year selected. Points can be saved, or "banked", for use the following year. Points can also be borrowed from the upcoming year, for use in the current year. Maximum use is 3 years worth of points at one time. If you need more you will either have to buy another contract or rent them from another owner.

A member's "home resort" is the resort in which they have a real estate interest. The main advantage to owning a real estate interest in one resort over another is that members are allowed to make reservations at their home resort up to eleven months in advance. For the other resorts it is only seven months. Another very important fact relating to the home resort is that any exchanges for accommodations external to resorts are made to and from a member's home resort. Lastly, a member's home resort determines the amount of a member's annual dues.

"It’s amazing how when you mention the long term savings of this to people, they become all ears." -Trisha, Bret & Family

For answers to Frequently Asked Questions, continue reading below.


Frequently Asked Questions "To Buy" DVC Ownership


How does DVC compare to other timeshare resorts?

Resale vs. purchasing direct from DVC?

CHANGES TO DVC RESALES–WHAT DOES IT MEAN?

How many points do I need to purchase?

Room types?

What is my “Home” resort?

What is "Home Priority Booking"?

What are the DVC Resort locations?

What is the “Use Year” ?

What about maintenance and taxes (annual dues) ?

DVC "Reservation" Status Points?

DVC "Holding" points?

"Banked" Points?

Can DVC points be used for locations other than the DVC resorts?

When do points Expire?

DVC’s Right of First Refusal?

Good faith deposit?

“Free and Clear” title?

Financing?

How long after closing can I schedule a vacation?

Closing procedure?

New Member hand book?

Is my DVC resale purchase "Protected"?


How does DVC compare to other timeshare resorts?

Disney Vacation Club (DVC) is a company, wholly owned by the Walt Disney Company. It is a point based system which allows for greater flexibility with vacation scheduling over a fixed week timeshare ownership. You can stay for 1 night or as many nights as you like, depending on how many points you own. DVC is the only timeshare in the world that is located ON Disney World property. There are many BENEFITS to owning a DVC membership. After you review the Disney Vacation Club website, please return here for resale savings. Back to Top

Resale vs. purchasing direct from DVC?

The Disney Vacation Club is a wonderful timeshare ownership whether you purchase directly from Disney or through the resale market. The main differences between the two avenues of purchasing include the expanded resort options available on the resale market and the per point price savings. All properties are available on resale. When you purchase a Disney Vacation Club Resale, you are buying from a family "Just like Yours." There is no difference in ownerships. Disney will treat every owner equally as a valued guest. You will receive your new owner’s package directly from DVC after your purchase has closed. Back to Top

CHANGES TO DVC RESALES–WHAT DOES IT MEAN?

Recently Disney changed their policy on the sale of DVC contracts on the secondary market. Under the new policy, members who purchase from anyone other than Disney, on or after March 21, 2011, will not be eligible to use their DVC points to make reservations in the Concierge Collection, the Disney Collection or the Adventurer Collection. Those Vacation Points will instead be valid only for reservations at Disney Vacation Club resorts, as well as for RCI® exchanges, Club Cordial and Club Intrawest. Now the question at hand is–what does all this actually mean to you?......A DVC owner's opinion. Back to Top

How many points do I need to purchase?

Each DVC property has a different point usage chart. Only you know what your typical family vacationing needs are. Please refer to the point charts and plan a typical vacation that your family would take. Don't forget to take into account the time of year, size unit and how many times a year you would like to vacation. This will give you the number of points your family requires. Point usage secret: Eliminate one of the weekend nights from your stay and you will need less points. Back to Top

Room types?

  • Studio
    The studio is similar to a standard hotel room. The studio unit consists of two double beds (or one queen bed and a sleeper sofa) and a table. Also included is a wet bar with an under-counter refrigerator, microwave and a coffee maker. Each unit has a small patio with two chairs and a small table. The studio unit sleeps a total of four people.
  • One-Bedroom Vacation Home
    The one-bedroom unit has a master suite, a living room, a kitchen, and a private patio. The master suite has a king-size bed, a master bath with a whirlpool tub and separate shower, and a television. The living room has a queen-size sleeper sofa and a television. The kitchen is fully equipped with a range, stove, refrigerator, sink, dishwasher, coffee maker, and microwave oven. There is also a laundry closet with a washer and a dryer. The one-bedroom unit sleeps four people.
  • Two-Bedroom Vacation Home
    The two-bedroom unit usually consists of a one-bedroom unit and a connecting studio. Some are dedicated two-bedroom units consisting of a one-bedroom unit and a second bedroom with two queen sized beds, a table with chairs, a television set, a private balcony or patio, and a full bathroom. The two-bedroom unit sleeps a total of eight people.
  • Three-Bedroom Grand Villa
    The three-bedroom unit is the most luxurious vacation home at Vacation Club resorts. Each unit has three bedrooms and three baths, spanning two floors. The first floor has a master bedroom suite, a living room, a kitchen. The master bedroom suite has a king-size bed, a master bath with a whirlpool tub and separate shower, and a television. The living room has a cathedral ceiling, queen-size sleeper sofa, and a television. The kitchen is fully equipped with a range, stove, refrigerator, sink, dishwasher, coffee maker, and microwave oven. The second floor has two additional bedrooms. Each of these rooms has two double-size beds (or one queen bed and a sleeper sofa) and a private bathroom. There is also a laundry closet with a washer and a dryer on the second floor. Three-Bedroom Grand Villa unit sleep a total of twelve people. The Grand Villas at the BoardWalk Villas are single story units. Both the Villas at the Wilderness Lodge and the Beach Club Villas do not contain Grand Villa units.

Note: There are slight variations in unit configurations from resort to resort.

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►What is my “Home” resort?

A member's home resort is the resort in which they have a real estate interest. The main advantage to owning a real estate interest in one resort over another is that members are allowed to make reservations at their home resort up to 11 months in advance. For the other resorts it is only 7 months in advance. Any exchanges for accommodations external to resorts are made to and from a member's home resort. A member's home resort also determines the amount of annual dues paid. 

The resort you should purchase is decided by two factors. Does your family want to stay at a particular DVC property every time you visit Disney and will they be disappointed if you don’t? If the answer is yes, then buy where you want to be!! If you want to jump around to the different resorts to get a unique experience each time you visit Disney, then buy the property that best fits your financial and particular vacationing needs. You can reserve your home resort 7 to 11 months in advance. This is called "Home Priority Booking". Back to Top

►What is "Home Priority Booking"?

If Your
CHECK-IN
date is in this month:
You can start requesting reservations for up to 7 nights at your HOME RESORT in this month
(11 months before your check-in date)
You can start requesting reservations for up to 7 nights at other DVC Resorts in this month
(7 Months before your check-in date)
January February June
February March July
March April August
April May September
May June October
June July November
July August December
August September January
September October February
October November March
November December April
December January May



What are the DVC Resort locations?

  • Disney's Animal Kingdom Villas (Walt Disney World)
    This resort was first announced in October 2006[1]. The first vacation homes are slated to open in summer 2007 and will be located in the existing Disney's Animal Kingdom Lodge. Additional units will be located in the new Kidani Village, which will open in phases and be completed in 2009. The addition will contain a new restaurant, children's water play area, and its own savanna.
  • Disney's Saratoga Springs Resort & Spa (Walt Disney World)
    This Disney Vacation Club resort recreates the upstate New York country retreats of the early-1900s, featuring babbling brooks, a themed pool, dark wood antique-style furniture, and Victorian era architecture, fabrics and colors. The first buildings opened in May 2004.  When complete, Disney's Saratoga Springs Resort & Spa will be the largest Disney Vacation Club resort. Ownership interests at Saratoga Springs went on sale in August 2003. The resort is located in the Downtown Disney resort area.
  • Disney's Beach Club Villas (Walt Disney World)
    The Beach Club Villas are located in the Epcot resort area adjacent to Disney's Yacht and Beach Club Resorts and across Crescent Lake from the BoardWalk Resort. It opened its doors in July 2002. Like the BoardWalk Villas, the Beach Club Villas are integrated into a larger resort that includes a hotel. The Yacht & Beach Club resort compound includes a three-acre pool. Like the BoardWalk Villas, boat service is available to the Disney-MGM Studios and Epcot. There are also sidewalks to both of these parks.
  • Disney's Old Key West Resort (Walt Disney World)
    Located near Downtown Disney, Disney's Old Key West Resort is the first of the Disney Vacation Club Resorts (in fact, at one time it was simply known as the Disney Vacation Club Resort). Old Key West opened in late 1991. This resort has an Old Florida theme and is set on Disney's Lake Buena Vista Golf Course. Boat service is available to Downtown Disney Marketplace.
  • The Villas at Disney's Wilderness Lodge (Walt Disney World)
    The Villas at Disney's Wilderness Lodge opened November 15, 2000. Like the BoardWalk Villas, the Villas at Disney's Wilderness Lodge are integrated into the hotel portion of Disney's Wilderness Lodge. The resort sits among tall timber and wildflowers, continuing the tradition of 19th century National Park Service lodges. The Villas at Wilderness Lodge is located on Bay Lake with boat service to the Magic Kingdom and Disney's Fort Wilderness Resort & Campground. A special part of the resort houses a collection of train memorabilia and artwork, including an exhibit featuring two of Walt Disney's personal scale-model railroad cars.
  • Disney's BoardWalk Villas (Walt Disney World)
    Disney's BoardWalk Villas opened during the summer of 1996. The BoardWalk Villas are different from Old Key West in that the Villas are integrated into the hotel portion of Disney's BoardWalk Resort. The BoardWalk Resort consists of the Villas (the DVC units) and the Inn, which has the hotel units. The Boardwalk Resort is located near Epcot and contains an entertainment district with several restaurants. Guests can walk to the Disney-MGM Studios and Epcot, or take boats.
  • Disney's Hilton Head Island Resort (Hilton Head Island, South Carolina)
    Disney's Hilton Head Island Resort opened on March 1, 1996. Located among the beautiful South Carolina Beaches.
  • Disney's Vero Beach Resort (Vero Beach, Florida)
    Disney's Vero Beach Resort is located in Vero Beach, Florida on the coast of the Atlantic Ocean, around two hours southeast of the Walt Disney World Resort. The resort opened on October 1, 1995 as the first Disney Resort to be constructed away from of one of its theme parks.
  • Disney's Aulani Villas, Ko Olina, Hawaii (O`ahu, Hawaii)
    Opening in Fall 2011, this tropical resort overlooks a white-sand beach, blue lagoon, and a pristine cove surrounded by lush foliage. A place where ancient culture meets modern with Hawaiian-themed decor, an incredible feature pool that blends into volcanic rock, and gorgeous sunset views in select rooms.
  • Disney's Bay Lake Tower (Walt Disney World)
    Located within walking distance of Magic Kingdom Park at the Contemporary Resort, Bay Lake Tower provides a modern experience. Most villas offer scenic views of the courtyard, pool, Magic Kingdom Park or Bay Lake.
  • The Villas at Disney's Grand Californian Hotel & Spa (Disneyland Resort)
    The Villas at Disney's Grand Californian Hotel & Spa offers accommodations inspired by the American Arts & Crafts movement of the 1900s. The interior design is inspired by the National Parks Service lodges of the western United States. Located in the heart of Downtown Disney District, this Hotel is just steps away from exceptional dining and entertainment.

What is the “Use Year” ?

The “Use Year” refers to the 12 month period starting on the first day of the “Use Year” you own. If you own a Dec., DVC will put your allotted points into your account on Dec. 1st of each year. If you need to vacation in the same month every year, you should purchase an ownership where the use month precedes the vacation time by no more than 10 months, (gives time to bank points if you cancel your vacation). If you are flexible with your vacationing, “Use Year” becomes much less important. Back to Top
 
What about maintenance and taxes (annual dues) ?

When you purchase a DVC ownership through the resale market, all dues will be current at closing. DVC bills all owners in Dec. for the next year’s dues, payable in Feb., regardless of the use year (the month Disney puts the points into your account). You can pay annually by credit card or check. You also have the option to pay monthly by setting up your automatic checking account deduction payment plan with DVC, 12 month interest free. This makes the dues bill very manageable. Back to Top

2014 Maint. & Taxes
Per Point
Animal Kingdom $5.97
Aulani, Hawaii $6.44
Aulani, Hawaii (sub) $4.83
Bay Lake Tower $4.78
Beach Club Villas $5.79
Boardwalk $6.01
Grand Californian $4.94
Grand Floridian $5.41
Hilton Head $6.28
Old Key West $5.54
Saratoga Springs $4.91
Vero Beach $7.75
Wilderness Lodge $5.93
 

DVC "Reservation" Status Points?

When an owner makes a reservation outside the Disney Vacation Club Resorts (such as a cruise, or a stay at the Polynesian hotel), then cancels that reservation, DVC designates them as "reservation" points. Basically they have designated those points for usage outside the DVC resorts and they can't be "put back". Reservation points can be used for any of the Disney hotels, the Concierge Collection, cruises, etc. The only thing they cannot be used for are staying at the DVC Resorts or the World Passport Collection (RCI). Reservation points must be used within the use year they are designated and may not be banked, borrowed or transferred.
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DVC "Holding" points?

Cancelations coming between 1 and 30 days prior to check-in result in points being placed in a Holding status.  Holding points are still the property of the member, but they can only be used to book a subsequent trip on 60 days’ notice or less.  Holding points may not be banked, and will expire at the end of the current Use Year.
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"Banked" points?

The number of points needed depends on the room type, resort, and time of year selected. Points can be saved, or "banked", for use the following year. Points can also be borrowed from the upcoming year, for use in the current year. Maximum use is 3 years worth of points at one time. 

Use Year Last Day to BANK points
February September 30
March October 31
April November 30
June January 31
August March 31
September April 30
October May 31
December July 31

Can DVC points be used for locations other than the DVC resorts?

Recently Disney changed their policy on the sale of DVC contracts on the secondary market. Under the new policy, members who purchase from anyone other than Disney, on or after March 21, 2011, will not be eligible to use their DVC points to make reservations in the Concierge Collection, the Disney Collection or the Adventurer Collection. Those Vacation Points will instead be valid only for reservations at Disney Vacation Club resorts, as well as for
RCI® exchanges, Club Cordial and Club Intrawest. Now the question at hand is–what does all this actually mean to you?......A DVC owner's opinion.          Back to Top

When do points Expire?

Bay Lake Tower 2060
Animal Kingdom Villas 2057
Saratoga Springs 2054
All other Resorts 2042

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DVC’s Right of First Refusal?

The purpose of DVC’s ROFR is to control the value of their property so that it remains in step with current values. When there is an accepted offer and a signed contract with a good faith deposit in escrow with a licensed and bonded title company, we immediately forward all contracts to the DVC Review Board. DVC will do an analysis of the terms of the contract and decide if they wish to “step in” as the BUYER. The criteria DVC uses for ROFR is not public information but one important factor for exercising (stepping in as buyer) the ROFR would be if DVC feels the selling price, including who pays closing costs and maintenance and taxes is below the target price they have established. If DVC exercises their Right of First Refusal (ROFR) and steps in as the Buyer,  your deposit will be refunded in full at your request. Back to Top
 
►Good faith deposit?

The good faith deposit is usually $1,000 but may vary based on purchase price. A licensed and bonded title company or Real Estate attorney will handle all earnest money deposits in their company escrow accounts. Garden Views Realty, Inc. does not process your money. Back to Top
 
►“Free and Clear” title?

The closing costs on most DVC resales will range from an average of $400 - $650 + (depending on the dollar amount of purchase). These costs will include title search, title insurance, administrative fees and recording fees (deed and any other pertinent documents). The closing costs are paid to the title company at closing. A Title search is conducted by the Title company to be sure that the title is free and clear and an insurance policy is issued to insure same. Garden Views Realty, Inc. has no financial interest in any title company, but we do use the best (Timeshare Title & More, LLC.)**  To receive exact closing costs on a particular ownership, please call our Dedicated DVC Line at 866-544-2919. Back to Top
 
Financing?

Garden Views Realty, Inc. does not offer financing. The most popular form of financing on the DVC resale market is a signature loan or home equity loan. You can also contact the following lenders of funds for timeshares: www.timesharelending.net  and www.monerafinancial.com. They are independent companies and you will need to contact them for rates and terms.  Back to Top
 
How long after closing can I schedule a vacation?

Once the sale has closed, it takes about 14 days for Disney to set up your new membership, and for you to have the ability to schedule your first vacation using your new DVC points. Back to Top
 
Closing procedure?

With the majority of all DVC resales being accomplished via the internet, we are set up to handle all contract processing by using e-mail, faxes, secure web sites and currier services. You do not have to come to Florida. All is completed from the comfort of your home. Back to Top
 
New Member hand book?

Your New Member hand book will arrive directly from DVC approximately 3 weeks after they complete the transfer of ownership. You do not have to wait for this book to schedule your first vacation. As soon as Disney provides your new membership number, you can take full advantage of the entire plan.Back to Top
 
►Is my DVC resale purchase "Protected"?
 
** Here is contact information for the best title company in Orlando for timeshare closings:

Nancy Spohn
Lic. Florida Title Agency # E091491
Owner Timeshare Title & More, LLC.
201 E. Pine St., Suite 460
Orlando, Fl. 32801
Office: 407-425-5310  Fax: 407-425-5370

  • Over 20 years experience in the legal field, specializing in real estate law, the last 13 years in timeshare/vacation ownership.
  • Experienced in timeshare registration, closings, document preparation, escrow, title searches and title insurance policies.
  • Disney Vacation Club cast member for 7 years (1992-1998); was on the "opening team" for DVC Vero Beach, DVC Hilton Head Island and DVC Boardwalk Villas; worked at DVC as Quality Assurance Manager (handling closings with one-on-one contact with new members) and as Product Advisor.
  • Timeshare Closing Manager for Holland & Knight, LLP, Orlando law firm. Designed and developed firm's timeshare resale department.\
  • Manager, Contract Administration Dept. at Hilton Grand Vacations Co., including development of timeshare resale department.
  • Member of FLTA (Florida Land Title Association), ALTA (American Land Title Association) and the National Notary Association. 

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Still have questions? Please call our Dedicated DVC Line at Toll Free 1-866-544-2919 with any additional questions you may have. You will speak to either Jaki Apetz or Kinn Tutas. E-mail: ktutas1@cfl.rr.com or jaki.resalesdvc@gmail.com

Jaki and Kinn will help you navigate through the buying process!

Photo by by Tom Bricker (WDWFigment)


A Buyer's DVC Resale Experience.

Why we decided to buy into the Disney Vacation Club...

Kinn,

I just wanted to thank you and ResalesDVC for all of your help during the buying process.

As I have discussed with you, buying into DVC was the smartest move I have made in a long time! As the father of two daughters (19 and 13), you can imagine our need to have access to more than one bathroom as well as a bit of privacy. Our past Disney vacations have required having two rooms.

Our last trip, deemed to be the grand finale (as my older daughter was going to college), we pulled out all of the stops and got connecting rooms at the Grand Floridian. That was really nice...until I got the bill! Well, I did know the costs up front, but for a few bucks more, I could have been a DVC member!

As we were discussing vacation options for this year, the girls (and frankly I) wanted to go back to Disney. Once again shopping for rooms (and looking at value and moderate resorts) I found that, once again, for not too much more than one stay, I could buy a membership in DVC.

After doing a bit of research and price checking, I found ResalesDVC was the best bet for me. After dealing with everyone there, I KNOW I made the right decision.

As a Disney junkie (who had been in denial!), this membership is a godsend! Based on my calculations, my Disney vacation this year will cost substantially less than a value resort! I included the Dining Plan, airfare, rental car and annual passes. If I add in my annual dues, the cost is about the same as staying at a value resort. AND I get two bedrooms, a living room, privacy AND I get at least one more, identical trip this year (passes bought so I will have to provide meals and travel)! I did NOT include the purchase price as, based on how we travel and plan to use the membership, we expect to have recovered the price (with interest) in less than 7 years. As I value it, this was a no brainer!

Yet another benefit is that going more often means we can take our time. If we miss something, we can see it shortly thereafter because we get to go more than once every 2 years! More relaxation, more enjoyment...who could ask for more?

Finally, and as you know, I bought into OKW with an expiration of 2042 (but considering buying an extension). Given my daughter's ages, they can enjoy this membership with us (and their children) for many, many years to come.

Again, thanks so much for your help, information, support and (most importantly) patience! You and your team made the process quick and easy and I really enjoyed working with you guys!

Hey, you know anyone looking to part with 50 or 60 more points? I want guaranteed THREE trips every year!

Kindest regards,

Robert M.


How Owners Use Their Points (from a happy DVC Resale Buyer)

Hi Kevin, Kinn and Jaki,

"I just wanted you to know how happy I am with your company, your service, and your knowledge of the marketplace. You helped me get a wonderful contract at Disney's Beach Club Villas and I couldn't be happier. 

I was able to make three reservations this week for family vacations. I am going to Disney's Old Key West in October with my good friends, and in January I will be at Disney's Animal Kingdom Villas (Kidani) with my daughter and her family. Then in March my same daughter will be using some of my banked points for a vacation at the Beach Club with her good friend. 

Everything went according to plan. If I can ever write a better testimonial for you, for both selling DVC or for purchasing DVC, I would be very happy to do so. You three are the absolute BEST in the business!!"

Much thanks
Marylyn 

 


        
          Hey Kinn and Jaki, We are in Paris!                          Jaki and Kinn took the time to listen