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When we purchased our points, it was my understanding that there is a point were Disney will buy back the points rather than let them be sold. So, when we purchased, Disney was selling points for $65 per point. So, we make an offer to purchase our points at $51 per point, Disney reviews the offer, and passes, which let's us purchase. We were told when we started looking that Disney would buy back at $50 or less. So, the seller would have sold no matter what, and for the same price, but it was either going to be to me or Disney.
Financially, this makes sense for Disney. They want to keep the resale market alive. They also want to make sure that the prices of the resales don't nose dive. So, they buy back any cheap offers. Think of what it would be like for owners and Disney alike if they didn't do this, resales could fall to $10 per point, and Disney would never sell another point, and we would be out a lot of money. I think it only took Disney a couple of days to review our contract. The whole process is good news for owners. Disney continues to raise prices, we get to stay in nice Disney resorts for cheap, and the value of our points increases with the Disney price increase, and there is no worry about the value of our timeshare decreasing. Well, at least for ten years or so, and then I would expect it to start decreasing.
Whew! I hope that rambling made sense. I should read what I am typing, rather than when I am done.
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