We can cancel our trip right now, get our cash refunded - the transaction fee.
I doubt you will get any sort of a refund if you cancel. The $95 transaction fee is listed as being non-refundable.
But we would basically lose all our points. They'd before transferred to type of account that we would not be able to use in time.
Points committed to a Disney Cruise Line vacation become reclassified as "Reservation Points." They cannot be used for stays at Disney Vacation Club resorts but they could be used to re-book most other non-DVC destinations including cruises and stays at non-DVC hotels (Disneyland Hotel, Polynesian, Grand Floridian, etc.)
One thing you could inquire about is upgrading the reservation(s) you will be keeping to a higher cabin class. For instance, if you are booked in an Ocean View on points you might be able to use the additional points from a cancelled reservation to move up to a veranda cabin.
Or if you are sailing out of Florida and need a room for the night either before or after your cruise, you could look at using points for the Poly, GF, Yacht Club or a moderate. It will cost more than a DVC resort stay but at least you are getting some use from the points.
Is it possible to try and sell the Vacation just by possibly transferring another parties info and changing our ressie to their name? Any help would be appreciated.
You could try to "rent" the reservation as-is but it will take quite a bit of luck to find a taker for that exact cruise. There may not be sufficient availability for you to re-book on a different sailing. Using points for the Dream has been difficult lately given demand, although you may have some flexibility if you are swapping one Dream cruise for another. You'd have to ask Member Services about that.
Whether you change the name on the existing cruise or re-book different dates (with different name), policy is that the $95 fee will be charged again.
