Anyone made it through (or not made it through) ROFR recently? - Section V

[Jasonkat]

My patience has paid off. This deal hasn't even been submitted for ROFR yet, but since VWL never gets ROFR'd I feel pretty safe (according to the other thread Disney has ROFR'd two VWL contracts for 300 points since 6/1/2010).

I made 3 offers that didn't work out over a period of two months before finally landing this deal.

200 VWL: August use year, all 2011, 2012, 2013 pts (400 pts available now, 200 more coming August 1, 2013). $55 per point. Buyer pays closing and MFs

It will take until mid-Feb to close and I don't know how long until Disney makes the ownership change and I can book something, but I should have enough time to book something and head down to WDW before 7/31/13 when the 2011 pts expire.

 

[mommyarewegoingback]

Got the email yesterday that we passed ROFR!!! Submitted to Disney on Nov 27 and got word back that we passed on Dec 18...21 day turn around. Given all the posts here lately, sounds like Disney is trying to clear the books before Christmas!

I sure hope so. Mine got submitted on 12/4. I don't know y'all did it. This wait is horrible. Congratulations all of you that passed!

-Virginia

 

[312BillB]

I am a little late in posting but I just wanted to add my information since this thread was SUPER HELPFUL in helping us to decide how much to bid. I don't think I ever would have ventured into the DVC resale market without this site. We closed a few weeks ago.

160 SSR Aug, 160 2012 pts and all points going forward, paid $51 per point, buyer paid closing fees, seller paid 2012 maintenance fees

Looking forward to booking our first trip!

I second your comment on this site, what a resource!! My offer was sent for ROFR today on a 200 pt SSR contract @ $50 per point, full 2012 points available and beyond, Dec use year. Buyer pays closing and 2013 MF's.

I was trying to snag a 250 point contract June UY with full 2012 points, but in mid-negotiation, somebody offered full price to seller of $60. Ugh!!

 

[DannysMom]

My patience has paid off. This deal hasn't even been submitted for ROFR yet, but since VWL never gets ROFR'd I feel pretty safe (according to the other thread Disney has ROFR'd two VWL contracts for 300 points since 6/1/2010).

I made 3 offers that didn't work out over a period of two months before finally landing this deal.

200 VWL: August use year, all 2011, 2012, 2013 pts (400 pts available now, 200 more coming August 1, 2013). $55 per point. Buyer pays closing and MFs

It will take until mid-Feb to close and I don't know how long until Disney makes the ownership change and I can book something, but I should have enough time to book something and head down to WDW before 7/31/13 when the 2011 pts expire.

Great deal! Hope the no ROFR trend at VWL continues for you!

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

 

[zavandor]

I was trying to snag a 250 point contract June UY with full 2012 points, but in mid-negotiation, somebody offered full price to seller of $60. Ugh!!

I noticed that prices went up a bit in the latest months. It took me a lot of offers to find a contract for a price I was confortable with. My first contract was a small one (65 points), with half banked points from previous year and I paid 50$ per point. I could sell it now for 65$ per point easily. I know because I made offers on small contracts that sold for asking price around that price.

I've just sent my documents signed to ROFR for an addon to SSR, 150 points with December UY.
It has 275 points available: 125 points banked from 2011 and full points for current UY. I'll pay closing and 2013 MF. Price is 58$ per point.
Not a big deal, but if I value the banked points 10$ per point, the price goes down to 50$ per point.

 

[z28wiz]

Bought 75 HH points (2 contracts totaling 75 points) a year ago (we are on the passed ROFR list) and we had planned to add on more at some point. With all the talk of Disney maybe changing the DVC rules soon, we decided to look into adding points ASAP. I was wanting to just add 25-50 and buy direct, but DH can't bring himself to pay $80/point. So we found an 88 point resale with Aug UY and just made offer. They have it priced pretty high at $63/point and we only paid $50/point last year for our 75 point contract, so we offered $53/point and asked them to pay 2013 dues since they used most 2013 points but borrowed 2014 points for a trip they must have cancelled (so there are points for 13 but not many for 14). We will pay cc which are high with this particular company. Will post back if they accept our offer.

edit to add: they already accepted our offer...but I am not sure how I feel about only having 82/88 points for 2013 and 21/88 points for 2014....having second thoughts. Direct at Disney would get us all points for 2012, 2013 and 2014. CC would be $30 versus the $750 with this resale company.

Edit: we are going to move forward...will post back when we go to ROFR.

FYI that's my contract lol

 

[lovin'fl]

FYI that's my contract lol

LOL! I hope we don't get ROFR'd...and I hope Disney sends it through ROFR quickly...I hate the ROFR wait.

I can't wait to book a trip...working on DH for a holiday 2013 trip though DH would prefer a warm weather trip.

And the closing costs turned out to be a bit less than estimated...yay!!!!

 

[DougEMG]

My patience has paid off. This deal hasn't even been submitted for ROFR yet, but since VWL never gets ROFR'd I feel pretty safe (according to the other thread Disney has ROFR'd two VWL contracts for 300 points since 6/1/2010).

I made 3 offers that didn't work out over a period of two months before finally landing this deal.

200 VWL: August use year, all 2011, 2012, 2013 pts (400 pts available now, 200 more coming August 1, 2013). $55 per point. Buyer pays closing and MFs

It will take until mid-Feb to close and I don't know how long until Disney makes the ownership change and I can book something, but I should have enough time to book something and head down to WDW before 7/31/13 when the 2011 pts expire.

Congrats, nice deal.

 

[belias21]

So excited, I have another contract in the works. Already own resales of:
500 SSR
50 OKW
50 BWV
30 BCV
Since travelling with many family members, I'm finding the smaller contracts not big enough to do much with. May end up adding points to them (or selling) some day.

As of today I am waiting to hear about ROFR on:
150 VWL (Mar) $54, 121 '13 pts, all '14 pts, buyer pays closing (sub 11/12)

If you're ever looking for someone to take that 50 OKW off your hands...

 

[mort1331]

Recieved our email yesterday, passed with a loaded SSR 220 Apr UY all 2011,2012,2013. buyer pays closing and 2013mf.
Our first contract so very happy, passed in 21days so hope everything goes and cleared to book mid/late Jan.

 

[htmlkid]

I second your comment on this site, what a resource!! My offer was sent for ROFR today on a 200 pt SSR contract @ $50 per point, full 2012 points available and beyond, Dec use year. Buyer pays closing and 2013 MF's.

I was trying to snag a 250 point contract June UY with full 2012 points, but in mid-negotiation, somebody offered full price to seller of $60. Ugh!!

Hey that is still a great deal

 

[312BillB]

Hey that is still a great deal

Not as good as this one, listed on Fidelity's website

Disney's Saratoga Springs Resort $1,280.00 160pts $8.00/pt Aug. 12-215, 13-160, 14-160 1353931

 

[silmarg]

Not as good as this one, listed on Fidelity's website

Disney's Saratoga Springs Resort $1,280.00 160pts $8.00/pt Aug. 12-215, 13-160, 14-160 1353931

While I am holding out a few months before I start looking for another DVC contract... I really want SSR 160 Aug... so I had to call Fidelity to get the details on this one...

It was a typo. Its supposed to be $58.. and its sold.

 

[splash0mtn]

Seller accepted, documents signed and it was sent to Dinsey for ROFR on November 20th and I'm STILL WAITING!!! ...can you hear my fingers tapping......

 

[pmaurer74]

My patience has paid off. This deal hasn't even been submitted for ROFR yet, but since VWL never gets ROFR'd I feel pretty safe (according to the other thread Disney has ROFR'd two VWL contracts for 300 points since 6/1/2010).

I made 3 offers that didn't work out over a period of two months before finally landing this deal.

200 VWL: August use year, all 2011, 2012, 2013 pts (400 pts available now, 200 more coming August 1, 2013). $55 per point. Buyer pays closing and MFs

It will take until mid-Feb to close and I don't know how long until Disney makes the ownership change and I can book something, but I should have enough time to book something and head down to WDW before 7/31/13 when the 2011 pts expire.

Awesome deal! We are considering VWL as well so I have been watching.

 

[jenna9906]

Hi, I'm new here. We submitted a contract through Fidelity to Disney for BCV @ $70/point for 160 points on 12/14. We pay 2013's MF and closing. It has a Feb. UY, all 2012 points are banked and 2013 points will be available. There are also 125 2011 points available but they will expire in Jan. Zero chance the contract will be ours before then, right?

 

[z28wiz]

Hi, I'm new here. We submitted a contract through Fidelity to Disney for BCV @ $70/point for 160 points on 12/14. We pay 2013's MF and closing. It has a Feb. UY, all 2012 points are banked and 2013 points will be available. There are also 125 2011 points available but they will expire in Jan. Zero chance the contract will be ours before then, right?

Zero chance it takes at least 60 days

 

[GoofyJ]

We submitted Nov. 24 ish and heard today it was taken by Disney. 150 pts '12, 300 '13, 150 '14 at $50 pp.

Now we have to start over again.:

 

[dvcterry]

Hi, I'm new here. We submitted a contract through Fidelity to Disney for BCV @ $70/point for 160 points on 12/14. We pay 2013's MF and closing. It has a Feb. UY, all 2012 points are banked and 2013 points will be available. There are also 125 2011 points available but they will expire in Jan. Zero chance the contract will be ours before then, right?

Hi there,
Although our resales have taken the typical 30 day rofr time frame and then a few weeks after to close, we did have one instance in which rofr was waived about 10 days in. From there we closed very quickly with the title company and about two days later the points were loaded under my membership. It happened much faster than we had expected and were delighted. There is no way to predict if something like this can happen. I would hope that you get to use those 2011 points though. We had used the same broker and in that regard the communication was excellent and they worked through any concerns I had. Good luck to you.

 

[miyta]

Hi there,
Although our resales have taken the typical 30 day rofr time frame and then a few weeks after to close, we did have one instance in which rofr was waived about 10 days in. From there we closed very quickly with the title company and about two days later the points were loaded under my membership. It happened much faster than we had expected and were delighted. There is no way to predict if something like this can happen. I would hope that you get to use those 2011 points though. We had used the same broker and in that regard the communication was excellent and they worked through any concerns I had. Good luck to you.

Any chance the seller would be able to book something for the buyer while it is sale pending?
Not sure the seller would desire to but maybe?