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

[The Crusher]

Oh this is fairly close to the offer we just had accepted yesterday(OKW 230 points December use year. Nothing from 2012 though... 2013 and forward. $60pp buyer pays closing and splits 2013 MF)

I am so sorry to hear that yours did not pass... also though... it makes me worry mine wont either.

BTW.. Sharon is the gal that helped us! I must say, she is quite nice!!!

We had a similar contract go through last week @ OKW- 150 pts @$60 - Dec UY - 2013 forward. We paid MF and split the closing. I think that the lack of available banked points may have got us through ROFR. Good luck.

 

[annmarieda]

We had a similar contract go through last week @ OKW- 150 pts @$60 - Dec UY - 2013 forward. We paid MF and split the closing. I think that the lack of available banked points may have got us through ROFR. Good luck.

Thanks! You give me hope!!! Can I ask what your timeline was?

 

[The Crusher]

3/8 - offer made, 3/8 - offer accepted, 3/9 contracts from buyer/seller faxed with deposit, 4/3 ROFR waived, 4/11 - closing docs received, 4/13 funds sent - awaiting finalization.

 

[lovin'fl]

Looks like we're going back on the 30 day ROFR wait. Our offer was accepted for 50 HH points Aug UY. Using a new broker this time (Shontell with www.DVCbyResale.com) and she's been very good with communication and super quick.

Here's the details and I know we're over paying but the small contracts with our UY are hard to find (and the sellers are paying 1/2 of the $650 CC, so that brings it to $53.50/point technically)...so:
50 HHI (Aug) $60, all 2014 points and going forward, seller pays half of closing and 2013 mf (sub 4/22)

 

[bobbiwoz]

We are trying, sent in the contract today:
BLT 100 points March UY. 100 banked from 2012 and 100 going forward. $96 per point, and buyer pays MF for 2013 and closing costs.

Bobbi

OK...this was March 12th. We just got notice that we have closed, and should be in DVC's system with these points probably within 10 days!

Not bad timing at all!

 

[lovin'fl]

OK...this was March 12th. We just got notice that we have closed, and should be in DVC's system with these points probably within 10 days!

Not bad timing at all!

Wow...that is quick. I hope my HH goes quick too, though I won't be making a resie until September. Congrats...hope DVC loads your points quick too.

 

[kapicka]

A seller just agreed to sell me 160 pts at $88 per point (has all of 2013 and 2014 points) and I offered to pay closing and for the fees this year since the points are there. Here's my (possibly crazy) question - should I offer MORE? I'm looking at list of recent sales (shown below) and not sure it will go through. Let me know what you think and if I should offer more what amount would you offer? Thanks!!


momto3pirates------- 160 VGC (Jun) $92, 4 '11 pts, all '12 pts, buyer pays closing and mf (passed 2/29)
Meriweather------- 130 VGC (???) $89 (sub 1/24, passed 2/22)
defnjeb------ 160 VGC (???) $88, 132 banked '10 pts, 156 '11 pts (sub 2/10, passed 3/7) member
Quilter007------- 220 VGC (Jun) $98, 188 banked pts, buyer pays closing (sub 2/2, passed 2/29)TTS
Homemom--------- 100 VGC (Apr) $90, 81 '11 pts, all '12 & '13 pts (sub 3/7, passed 4/4)
dl crazy----- 100 VGC (Aug) $89, 94 '12 pts, all '13 pts, buyer pays closing and mf (sub 3/30, passed 4/25)
sparkhill----- 107 VGC (Sep) $90, all '11 & '12 pts, buyer pays closing, seller pays mf (sub 4/10, passed 5/8) Fidelity
sparkhill----- 107 VGC (Sep) $90, all '11 & '12 pts, buyer pays closing, seller pays mf (sub 4/10, passed 5/8)Fidelity
sparkhill 250 VGC (Sep), $88, 125 11 pts, all 12 pts, seller pays closing, buyer pays mf (sub ??, passed 7/3)
maburke --- 135 VGC (Mar), $97, 14 banked '11 pts, all 12 & '13 pts, buyer pays closing & mf (sub 8/18, passed 9/11)
disneyfm4 --- 160 VGC (Jun), $89, 144 '12 pts,all '13 pts, seller pays closing, buyer pays mf (sub 11/28, passed 12/18)
cuteinnocent --- 310 VGC (Dec), $85, all '13 & '14 pts, buyer pays closing & mf (sub 12/3, passed 12/27)
Breyean --- 125 VGC (Jun), $90, 79 banked '12 pts, all '13 & '14 pts, buyer pays closing & mf (sub 1/14, passed 2/20)
nunzia --- 125 VGC (Mar), $108, 12 '13 pts, all '14 pts, buyer pays closing (sub 2/14, passed 3/13)

 

[fmer55]

2 weeks after my latest offer was accepted contracts were finally signed and sent of to ROFR.

200 BLT Feb UY, 2013-75, 2014-200, 2015-200. $80pp, seller pays MF's, buyer pays closing and admin fee.

 

[Breyean]

A seller just agreed to sell me 160 pts at $88 per point (has all of 2013 and 2014 points) and I offered to pay closing and for the fees this year since the points are there. Here's my (possibly crazy) question - should I offer MORE? I'm looking at list of recent sales (shown below) and not sure it will go through. Let me know what you think and if I should offer more what amount would you offer? Thanks!!

You never know with ROFR, and I'm right there on your list of those who just passed at VGC, but my first impression when I saw that contract today was it wasn't going to pass at that price.

I also wonder how the broker even lets a seller list for such a low price. Another 160 contract sold yesterday - asking was $115 and it sold within hours, so if not at asking price it must have been pretty close.

All I can say is when I did my offer in January, before the recent price increases, I was wary of $90 being too low. The broker assured me they had had two recent VGC contracts pass at $88 and $89. She said I could offer more if I wanted, and I was tempted because I had been ROFR'd twice already at VGC, but we went with the asking price of $90 and it all worked out.

I wish you all the luck in the world. I think the general feeling on these boards is no one knows why Disney takes some and passes others, so raising the price you pay might or might not help. But with your price at $88 vs others going for the low $100s, you'd have to raise it an awful lot to make up the difference between your and the others.

I'd stick with what you have and cross your fingers.

 

[bobbiwoz]

Wow...that is quick. I hope my HH goes quick too, though I won't be making a resie until September. Congrats...hope DVC loads your points quick too.

Thank you. I do want to use the points for December & January. I could even be within the owners booking time for the December reservation!

 

[DisneyDiana]

Looks like we're going back on the 30 day ROFR wait. Our offer was accepted for 50 HH points Aug UY. Using a new broker this time (Shontell with www.DVCbyResale.com) and she's been very good with communication and super quick.

Here's the details and I know we're over paying but the small contracts with our UY are hard to find (and the sellers are paying 1/2 of the $650 CC, so that brings it to $53.50/point technically)...so:
50 HHI (Aug) $60, all 2014 points and going forward, seller pays half of closing and 2013 mf (sub 4/20?)

Shontell is awesome. Everything has moved super fast for us. If I add on I will definitely use her again.

 

[Rmgdisney]

Shontell is awesome. Everything has moved super fast for us. If I add on I will definitely use her again.

We also used Shontell and have been very pleased. We received our closing docs 4 days after hearing we passed. We are hoping we will be closing sooner than expected. Very happy

 

[lchute1158]

Never offer more than asking. That's nuts.

 

[PCMama]

A seller just agreed to sell me 160 pts at $88 per point (has all of 2013 and 2014 points) and I offered to pay closing and for the fees this year since the points are there. Here's my (possibly crazy) question - should I offer MORE? I'm looking at list of recent sales (shown below) and not sure it will go through. Let me know what you think and if I should offer more what amount would you offer? Thanks!!

momto3pirates------- 160 VGC (Jun) $92, 4 '11 pts, all '12 pts, buyer pays closing and mf (passed 2/29)
Meriweather------- 130 VGC (???) $89 (sub 1/24, passed 2/22)
defnjeb------ 160 VGC (???) $88, 132 banked '10 pts, 156 '11 pts (sub 2/10, passed 3/7) member
Quilter007------- 220 VGC (Jun) $98, 188 banked pts, buyer pays closing (sub 2/2, passed 2/29)TTS
Homemom--------- 100 VGC (Apr) $90, 81 '11 pts, all '12 & '13 pts (sub 3/7, passed 4/4)
dl crazy----- 100 VGC (Aug) $89, 94 '12 pts, all '13 pts, buyer pays closing and mf (sub 3/30, passed 4/25)
sparkhill----- 107 VGC (Sep) $90, all '11 & '12 pts, buyer pays closing, seller pays mf (sub 4/10, passed 5/8) Fidelity
sparkhill----- 107 VGC (Sep) $90, all '11 & '12 pts, buyer pays closing, seller pays mf (sub 4/10, passed 5/8)Fidelity
sparkhill 250 VGC (Sep), $88, 125 11 pts, all 12 pts, seller pays closing, buyer pays mf (sub ??, passed 7/3)
maburke --- 135 VGC (Mar), $97, 14 banked '11 pts, all 12 & '13 pts, buyer pays closing & mf (sub 8/18, passed 9/11)
disneyfm4 --- 160 VGC (Jun), $89, 144 '12 pts,all '13 pts, seller pays closing, buyer pays mf (sub 11/28, passed 12/18)
cuteinnocent --- 310 VGC (Dec), $85, all '13 & '14 pts, buyer pays closing & mf (sub 12/3, passed 12/27)
Breyean --- 125 VGC (Jun), $90, 79 banked '12 pts, all '13 & '14 pts, buyer pays closing & mf (sub 1/14, passed 2/20)
nunzia --- 125 VGC (Mar), $108, 12 '13 pts, all '14 pts, buyer pays closing (sub 2/14, passed 3/13)

Mine didn't pass at $93 ppt 250 points Dec use year all. 2012 and 2013 points. But $88 is a great deal if it passes and you never know!. I have another at a higher ppt right now sitting at Disney.. Good luck. !!! Keep up posted!!

Btw mine got taken on 4/8 sub 3/13.

But I say GO For it!!

 

[dbs1228]

Does anyone know if this thread will be updated - A lot of activity to try to capture and its been over a month? Is there any easy way to collect the data to try to condense it so OP can update the data easily? Just curious, I would be willing to help just not sure how to tackle so many pages.

 

[arachnib]

Mine didn't pass at $93 ppt 250 points Dec use year all. 2012 and 2013 points. But $88 is a great deal if it passes and you never know!. I have another at a higher ppt right now sitting at Disney.. Good luck. !!! Keep up posted!!

Btw mine got taken on 4/8 sub 3/13.

But I say GO For it!!

I have rationalized a mathematical formula to figure out how much "over" really is over the course of the deed. It's a way to soothe my trepidations.

So for BWV, if they were going for $69, 6 weeks ago, and I bid $77 today, (a difference of $8/point), and I am purchasing 350 points, it works out to an additional $2800 I am paying over last month's going rate. (An amount that got me two ROFR on BWV when I bid $69 on BWV last month.) On a 29 year deed (BWV), $8 more per point works out to $96/year more than you are paying over a person bidding $69, an amount that was not passing last month.

Hope this helps you analyze this.

Sandy

 

[annmarieda]

3/8 - offer made, 3/8 - offer accepted, 3/9 contracts from buyer/seller faxed with deposit, 4/3 ROFR waived, 4/11 - closing docs received, 4/13 funds sent - awaiting finalization.

that is quick for the contracts, yes? We had the offer accepted a couple days ago... but I don't expect the contract for another week. This really is teaching me some patience... and knowing that we will have at least another month... I really will be when it finally is done.

Hopefully your wait will end soon here! Would you think any day?

 

[kenspidey]

Mine didn't pass at $93 ppt 250 points Dec use year all. 2012 and 2013 points. But $88 is a great deal if it passes and you never know!. I have another at a higher ppt right now sitting at Disney.. Good luck. !!! Keep up posted!!

Btw mine got taken on 4/8 sub 3/13.

But I say GO For it!!

I also go for it.... You can't predict ROFR

 

[gpts@disney]

Well the mouse got another one. Disney exercised ROFR on the following contract: BMV Dec UY, 222 pts all 2012 pts and forward. Fully expected the ROTR considering what's been happening lately. Back to the drawing board

 

[gpts@disney]

Sorry forgot $ per point: $64