Multiple sources are reporting that Disney Vacation Club will soon increase prices for nine of the eleven older properties which it currently designates as "sold out."
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Villas at Disney's Grand Floridian Resort & Spa
It appears that articles about Disney Vacation Club foreclosures by the DVCNews and Sandra Pedicini from the Orlando Sentinel have spurred interest in the public auction process. Documents filed with the Orange County Comptroller show that more individuals are now participating in both the non-judicial Trustee public auctions and the judicial public auctions mandated by the Courts.
After a slow month for sales in December 2015, direct sales of Disney Vacation Club points rebounded in January 2016.
For the second month in a row, direct sales of Disney Vacation Club points failed to break the 100,000 point mark. Excluding Aulani, Disney Vacation Club Villas, and the Villas at Disney's Grand Californian Hotel, only 94,415 points were sold in December 2015. This represents the fewest number of points sold since direct sales started to be tracked in July 2010.
Disney has begun using a nonjudicial process to foreclose on Disney Vacation Club deeds that have unpaid assessments or mortgages. The new process, called a Trustee Foreclosure, bypasses the judicial system and is conducted by a trustee appointed by Disney.
