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Re: DVC Down payment reduced
I definitely think this is a way to get more people in the door, signed, etc. I know the downpayment was one reason of many we waited to buy DVC, but allowing someone to take the discount against the downpayment would have allowed me to buy sooner. Yes, you do end up paying more in the long run by having a higher principal loan amount, but it does go to the way that most things are today of "no money down" or "six months interest free" kind of pay-it-later mentatlity we as a society have today.
Prezcatz Paul
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