Anyone else struggling with the climate of evasiveness?

[Sammie]

Yeah….sometimes it’s just time to pass the torch and move on…. find something in this world that brings you joy…..

Exactly and if that happens for us we will sell and let someone else enjoy it. I think one thing that happens is people buy too many points, go too often and continuly compare DVC to what it was when they bought. Nothing stays the same. Some changes are good, some not so good but being miserable is nothing I want. Life is way too short for that.
One thing we do is make sure not to let DVC/Disney trips be our only vacations. We go and see other places, do other things.

 

[lowlight]

The thing that always boggles my mind is some think because they don't like something it should not exist. Not everything DVC does works for me, but not narcisstic enough to think it should not happen because of that.

It has nothing to do with narcissism. I bought into deluxe villas, not moderates. You have no standards and that’s ok “for you”. I would have bought one of those timeshares that Eric Estrada pushes on late night TV if I wanted junk. Enjoy your cabins though.

 

[AstroBlasters]

It has nothing to do with narcissism. I bought into deluxe villas, not moderates. You have no standards and that’s ok “for you”. I would have bought one of those timeshares that Eric Estrada pushes on late night TV if I wanted junk. Enjoy your cabins though.

Woooooo….. that escalated…..

 

[BeachClub2014]

 

[lowlight]

Woooooo….. that escalated…..

Yeah, sorry for getting off topic. My only point was that I don’t believe DVD has the owners best interest in mind, even secondarily to profit, and I don’t like the direction they are heading with the product. I feel voicing feedback in public spaces that they monitor is important, both for them and prospective buyers, and every time someone starts a thread like this you have people that pour in and not just give counter points, which is productive and gives both perspectives, but attempts to shut down people like the OP with the same old arguments of “maybe you should sell” or “you were only promised a room”. I’ll leave it at that.

 

[MerlinandtheMouse]

Yeah, sorry for getting off topic. My only point was that I don’t believe DVD has the owners best interest in mind, even secondarily to profit, and I don’t like the direction they are heading with the product. I feel voicing feedback in public spaces that they monitor is important, both for them and prospective buyers, and every time someone starts a thread like this you have people that pour in and not just give counter points, which is productive and gives both perspectives, but attempts to shut down people like the OP with the same old arguments of “maybe you should sell” or “you were only promised a room”. I’ll leave it at that.

I think if you don’t want to be shut down then maybe don’t say that people have no taste because they like something you don’t? Usually that’s a good way to get people riled up, lol

 

[lowlight]

I think if you don’t want to be shut down then maybe don’t say that people have no taste because they like something you don’t? Usually that’s a good way to get people riled up, lol

You might have to reread the thread in order to see how it played out, but either way, back to the topic at hand for me.

 

[Rex1993]

Whether placed in a trust or sold as deeded like they were before, the cost to buy into the 2042 timeshare resorts will pay for any renovations that are done before sales start, just like the cost to buy in to Poly Tower will pay for its construction. And the dues will pay for ongoing maintenance, repairs, and refurbishment. That’s how timeshares work.

(And the nightly cost to stay in a hotel or resort for cash covers its construction and ongoing maintenance, repairs, and refurbishment. That’s how the hotel business works.)

What will be very interesting is to see how renovations and capex are handled on the 2042 resorts and they get closer to the turnover. It wouldn't surprise me to see a situation where there is a refurb paid with dues right before expiration. In the commercial real estate world where ground leases are commonplace, the lessee stops putting money into the improvements in anticipation of the expiration.

 

[lowlight]

What will be very interesting is to see how renovations and capex are handled on the 2042 resorts and they get closer to the turnover. It wouldn't surprise me to see a situation where there is a refurb paid with dues right before expiration. In the commercial real estate world where ground leases are commonplace, the lessee stops putting money into the improvements in anticipation of the expiration.

Hmm that’s an interesting thought and a little different than what happened with BPK. There must be some kind of real estate law with this that someone smart here would know.

 

[AstroBlasters]

Yeah, sorry for getting off topic. My only point was that I don’t believe DVD has the owners best interest in mind, even secondarily to profit, and I don’t like the direction they are heading with the product. I feel voicing feedback in public spaces that they monitor is important, both for them and prospective buyers, and every time someone starts a thread like this you have people that pour in and not just give counter points, which is productive and gives both perspectives, but attempts to shut down people like the OP with the same old arguments of “maybe you should sell” or “you were only promised a room”. I’ll leave it at that.

We are all on this site because we have passion about Disney and DVC.

I have found the Ignore poster or Ignore Thread buttons have helped me when a particular poster or topic start to get me fired up….. I’m sure plenty of people get annoyed with me on here as well… I know my wife and kids are

There was a poster a year ago who went into every thread and said the economy was like “Wylee Coyote” and was going to fall apart in 2023 and the markets and DVC prices with it….. the Ignore button helped me there…. glad I bought my VGC @ $225 and didn’t pay attention to them….

 

[New Mouse]

What will be very interesting is to see how renovations and capex are handled on the 2042 resorts and they get closer to the turnover. It wouldn't surprise me to see a situation where there is a refurb paid with dues right before expiration. In the commercial real estate world where ground leases are commonplace, the lessee stops putting money into the improvements in anticipation of the expiration.

The reserves aren't going to get refunded when the contracts expires, so I'm pretty sure they will go to.fund improvements for the next owners.

 

[MerlinandtheMouse]

You might have to reread the thread in order to see how it played out, but either way, back to the topic at hand for me.

Those are the ideal customers for DVC, “thank you sir may I have another” comes to mind.

There’s no accounting for taste, that’s for sure.

Sorry. I guess these weren’t you then. Plenty of people here have criticized DVC and their decisions and made great points. I think it turns into something else when you judge the people who feel differently than you. That’s what’s causing the friction. You’re no more right or wrong in your opinions than they are. But you’re right in this, we should bring it back to the topic.

 

[CarolynFH]

What will be very interesting is to see how renovations and capex are handled on the 2042 resorts and they get closer to the turnover. It wouldn't surprise me to see a situation where there is a refurb paid with dues right before expiration. In the commercial real estate world where ground leases are commonplace, the lessee stops putting money into the improvements in anticipation of the expiration.

I believe that Florida has laws and/or regulations about that - that lean toward protecting the consumer more than the developer - although I can’t cite chapter and verse. But I also vaguely remember something about DVC having to file a document with the courts promising that OKW 2042 owners will have a reduction in the Capital Reserves portion of their dues as 2042 approaches so that they won’t be paying for new roofs or other items that need replacement after their ownership ends.

 

[DonMacGregor]

Two things:
1. owners dues will cover the renovations of the elevators, don't worry....
2. this is, in my opinion, at best, what we will get in 2042 when the resorts expire. Maybe not even a Reno before sales.

No renovations were done to the elevators at BRV, either inside the cabs, or the outside faces of the doors.

 

[CarolynFH]

No renovations were done to the elevators at BRV, either inside the cabs, or the outside faces of the doors.

Exactly, so the purchase price for BPK points covered the soft refurbishment only. When the elevators do need work, whenever that may be, VGF owners’ dues will pay for it.

PS I know you understand that, but I wanted to clarify that point for someone who’s new to timeshare business concepts. Sometimes I get the impression that Disney, not the owners, is expected to pay for things (like when my dad, after we left BWV, told us he had taken an unopened roll of TP because “Disney” could afford it).

 

[walt34]

Exactly, so the purchase price for BPK points covered the soft refurbishment only. When the elevators do need work, whenever that may be, VGF owners’ dues will pay for it.

I understand this too but elevators, microwaves and beverage coolers do get mentioned here a lot. Now the microwaves and beverage coolers don't worry me at all because they cost next to nothing to replace. I'm a bit surprised that they didn't rebuild the electrical system during the refurb, because this should have been quite easy before reopening and it seems to be a limiting factor now (e.g. not being supposed to run the coffee maker and the microwave at the same time).

Elevators are somewhat different: they usually are good for 20 or 30 years but the building is already 35 years old, isn't it? Does anybody know whether they've been refurbished at any time in the last 30 years? I

 

[tidefan]

Exactly, so the purchase price for BPK points covered the soft refurbishment only. When the elevators do need work, whenever that may be, VGF owners’ dues will pay for it.

PS I know you understand that, but I wanted to clarify that point for someone who’s new to timeshare business concepts. Sometimes I get the impression that Disney, not the owners, is expected to pay for things (like when my dad, after we left BWV, told us he had taken an unopened roll of TP because “Disney” could afford it).

I think that the point here was that it should have been redone prior to the conversion to timeshare. I think the gist of this is that they left it until it was timeshare so that they didn't have to pay for it...

 

[DonMacGregor]

Exactly, so the purchase price for BPK points covered the soft refurbishment only. When the elevators do need work, whenever that may be, VGF owners’ dues will pay for it.

PS I know you understand that, but I wanted to clarify that point for someone who’s new to timeshare business concepts. Sometimes I get the impression that Disney, not the owners, is expected to pay for things (like when my dad, after we left BWV, told us he had taken an unopened roll of TP because “Disney” could afford it).

You missed my point. Yes I know renovations are paid for by owners dues. The post I responded to said ‘owners dues will cover the renovations of the elevators, don't worry....’ However, Boulder Ridge just received a full refurbishment, and nothing was done to the elevators whatsoever, so it appears that elevators are NOT automatically included in full refurbs, regardless of who is paying for it. Aside from new carpeting and some paint, very little was done to common area elements, and replacing elevator cab wall and door panels was not included.

 

[CarolynFH]

I think that the point here was that it should have been redone prior to the conversion to timeshare. I think the gist of this is that they left it until it was timeshare so that they didn't have to pay for it...

The owners would have paid for it anyway, either in the purchase price or in dues, so it seems to me there's not much difference (other than when paid via dues, all VGF owners share the cost, whereas when paid in purchase price, only those buyers pay it).

I'm a bit surprised that they didn't rebuild the electrical system during the refurb,

They didn't rebuild the outside stairways either, although photos taken when they were refurbing the rest of GF suggest they rebuilt the stairways of the buildings that remained in GF. It seems to me that all of those things are being left to be covered by Capital Reserves dues paid by all VGF owners.

You missed my point. Yes I know renovations are paid for by owners dues. The post I responded to said ‘owners dues will cover the renovations of the elevators, don't worry....’ However, Boulder Ridge just received a full refurbishment, and nothing was done to the elevators whatsoever, so it appears that elevators are NOT automatically included in full refurbs, regardless of who is paying for it. Aside from new carpeting and some paint, very little was done to common area elements, and replacing elevator cab wall and door panels was not included.

Yes, I imagine that elevators, like roofs and (it sounds like) common area elements, are replaced/refurbished/repaired on a separate schedule from the interiors of the villas.

The important thing for newbies to understand is that if they buy into DVC, they will pay for everything, one way or another.

 

[we"reofftoneverland]

BPK wasn’t a refurb. It was supposed to be “new” for sale. It’s one thing to not redo the electrical in an elevator. But it is shocking that Disney didn’t even address scuff marks and wear and tear in the elevator. They should have taken the building to the studs before selling it as new. New timeshare owners are not responsible for the upkeep Disney did not do previous to sale. They are responsible for future refurbs.