Likely between one and one and a half years but you never know.When do you think a gfv will show up for resale?
Next Jan - Mar after the dues statements come out and people panic between their loan payments and the dues.
There are actually two deeds that were recorded before that first sale that were transferred back to Disney. They look kind of like a ROFR, but in both cases Disney appears to have taken back a contract they sold a few months before, for exactly the same price as it was sold for. I wonder if it was some kind of "buyer's remorse" thing?
FWIW, I just checked the recorded deeds and the very first BLT deeds are dated October 1, 2008, and the very first recorded third-party sale is 5 months later, on March 8th. The sale was for 160 points at $93 per point. The seller had bought it on January 22nd, for $112 per point.
The "sales price" might have been $112 per point, but there were surely incentives at that point, right?
Next Jan - Mar after the dues statements come out and people panic between their loan payments and the dues.
I'd expect one in less than a month. Of course it will be a stripped contract.
Can't say about the 1st resale contract but I have already seen a couple of rentals available for VGF.
What were the rates?
Ok, I plan to buy 200 points, rent this winter to pay for annual fee / closing costs, enjoy next winter, strip all points in 2015, then resell it back at $145 / pt. By then, a direct sale will be $180 / pt so $145 is very sellable.
So it's like you get to enjoy the vacation for free!