View Full Version : Disney waived ROFR on our add-on

07-01-2003, 10:09 AM
Well, I received the form from the closing company yesterday. The one that wants to assure they have names correct etc. Also mentions the $45 expediting fee. I'm assuming this means that Disney has waived their ROFR as it states that the closing package will arrive in appx. 3 weeks. I haven't talked to Pat at TSS to confirm this though. Anyway, here is the details.

200 pts.
December Use Year
All 2002 points banked into 2003
All 2003 points available Dec. 1
Total of 400 pts. coming on Dec. 1
$73 pp
Buyer pays closing and 1/2 of maintenance fees for 2003

Offer submitted/accepted on 6/3
Faxed signed contract to TSS 6/3
Overnight mailed original contract on 6/3
Received info. on the closing from Timeshare Closing Services 6/30

Anyway, hope this info. helps anyone else who is involved in buying through resale. This brings our total points to 500. We have 2 other 150 pt. contracts at BWV/Dec. Use Year. I think that is all we need. We wanted to have enough that we can take people with us occassionally and stay at least 2 weeks in a 1 or 2 bedroom. Planning to cruise next year (7 day) with a week at WDW. :)

07-01-2003, 11:55 AM
Can I ask you what your approximate closing costs are? We are looking for something with about the same number of points.


Tom and Jen
07-01-2003, 12:22 PM
Congrats and welcome home, I am glad you were able to add on.......

07-01-2003, 12:55 PM
Congratulations on your add-on!

07-01-2003, 06:04 PM
Congratulations on your add-on! We used Pat for our OKW resale last year. She was fabulous! Give her our regards.

07-01-2003, 06:27 PM
Thank you all. Pat is great to work with. This is the second time she has helped us out with a purchase. To TedL, I don't have the closing cost amount to the penny but the estimate is $475. Then of course half of the maintenance fees for 2003, $410. I don't figure in the maintenance cost when coming up with our net cost per point. With closing costs our net per point cost is $75.38. Much better deal for us than buying direct through Disney. As we are paying $1.38 per point for those extra 200 banked points rather than paying $10 per point from Disney.


07-01-2003, 09:54 PM
Congratulations...and a big.....WELCOME HOME!! :bounce:

I'm still waiting since June 12th (confirmed receipt of paperwork/deposit check) for the letter stating that Disney has not exercised their ROFR.

The waitin' is killin' me! Sheesh! :confused: