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Re: DVC Down payment reduced
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Originally Posted by mickeysgirlz
When I spoke to a DVC CM, they said that most people finance because of the tax benefits? That you technically own a "second home" and it can be written off as such? Is this true?
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This is what our guide told us too. It was a good reason for us to finance too. Plus our loan amount is smaller since we didn't have to buy in with many points. Although we have every intention on paying it off early, financing through Disney made our dream happen a little sooner than we could have made it happen (we DID have to put down 10% though then they added incentives to that and it lowered our total amount financed)
It's almost like financing a car except this will last a WHOLE lot longer.
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7/93-First Trip to WDW-stayed offsite
11/97-All-Star Sports
10/05-All-Star Movies (DD's 1st trip)
09/06-Carribean Beach
5/07-Offsite
6/07-offsite/Coronado Springs
9/07--Pop Century/Poly
2/08-All-star Music
6/08-All-Star Sports
5/09--SSR (first DVC trip! DS's first trip!)
~Melissa~
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