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.
Over 900 Disney Vacation Club deeds were foreclosed on in 2015. With DVC contracts maintaining their value far better than most timeshares, why do many financed purchases go into foreclosure?
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The 2016 Annual Dues statements are now available for viewing on the Disney Vacation Club members-only website.
In October 2015, overall direct sales of Disney Vacation Club points fell 8.1% to 105,102 points, compared to the previous month.
The "Notice of 2015 Annual Meetings" for each Disney Vacation Club resort--which includes budget figures for the coming year--have been posted online by DVC. Annual increases range from a miniscule 0.31% for owners of Disney's Vero Beach Resort to a 5.11% increase for owners of Disney's Saratoga Springs Resort & Spa.
(Note: Content updated to 11/12/15 to include Disney's Polynesian Villas & Bungalows and the Villas at Disney's Grand Floridian Resort. Updated 1/1/16 to include Aulani, Disney Vacation Club Villas.)
