**ROFR Thread 2015 January-June** Please read 1st post for instructions
- Thread starter that's nice
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pangyal
#TeamSven
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- Jul 26, 2014
Just curious, are you paying the 2015 MF with no points available, or should it read that the seller is paying that? Good luck either way, that's a nice amount of points
!
lovelylady226
Earning My Ears
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- Apr 20, 2015
We passed!! I figured as much since we paid a premium per point for the small contract-but happy to be one step closer to closing!!
pangyal
#TeamSven
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- Jul 26, 2014
georged1979
Earning My Ears
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- May 4, 2015
That's awesome. Now you can join the estoppel thread. Yippee.
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- Jun 8, 2013
Just curious, are you paying the 2015 MF with no points available, or should it read that the seller is paying that? Good luck either way, that's a nice amount of points
Thanks...good catch, now corrected. Seller is paying for 2015 MF and for the used 13 points from 2016. This will be contract #5 for us between AKL, HHI, and VWL. Goal is 1000+ points...almost there if this passes ROFR.
that's nice
DIS Dad #330
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Good Luck!
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- Mar 19, 2014
SSR LOST to ROFR 
$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22
$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22
pangyal
#TeamSven
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- Jul 26, 2014
Oh, I'm so sorry! That's a bummer. Nice contract too. That's the first "taken" I've seen in months! I hope they're not getting back into the swing of itSSR LOST to ROFR
$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22
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CMOORE185
HH 240 Points, SSR 260 Points
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- Mar 12, 2009
Shocked they ever ROFR a SSR contract at a reasonable price. They are hard to figure out.Oh, I'm so sorry! That's a bummer. Nice contract too. That's the first "taken" I've seen in months! I hope they're not getting back into the swing of it
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- Mar 19, 2014
georged1979
Earning My Ears
- Joined
- May 4, 2015
I wonder if they'll steal mine too. Mine is a SSR with a March UY as well. But mine has no points until 2016. It's a170 point contract sent for ROFR on May 1st. True bummer for you Doc.Yes, I was bummed they STOLE that from me
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Lakegirl
DIS Veteran
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- Nov 2, 2014
So sorry for you. Better luck next time. How long did they tKe before they took it? I hope they didn't drag their feet on you.SSR LOST to ROFR
$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22
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- Jun 8, 2013
Cancelled.
DH is a CM. Since the seller just bought a bunch (like 10) contracts since late January this year and only had the above VWL contract a few shorts months, is using points, then selling (delayed closing)...just didn't feel right. Maybe not a big deal to most, but DH isn't willing to risk it being a CM.
Back to resales drawing board.
pangyal
#TeamSven
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- Jul 26, 2014
Out of curiosity, what issues were you worried about with him being a CM and that contract? Just trying to follow
- Joined
- Jun 8, 2013
Out of curiosity, what issues were you worried about with him being a CM and that contract? Just trying to follow
Has to do with morals clause, he'd rather I leave it at that. We'd just rather not be tied to anything that looks odd...not worth it. Already looking at another similar contract.
SSR LOST to ROFR
$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22
So sorry ;(.
Did seller or buyer pay maint fees for 2014/2015?
I think bc it's $72, the fully loaded aspect/points bring it down to $62 if buyer pays maint fee (accounting for both 2014/2015 poiints). But if seller pays maint fees, it brings the "cost" down to $52.....
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How did you know the seller bought so many contracts?
It does look odd. After closing costs, not sure how one can profit even if the seller is renting the points. I would be a little ambivalent as well.
When we were looking at houses to buy, my hubby wanted one overpriced place on a mediocre area. I researched into them and found out that they liked to "flip" houses and had serious financial issues (many bankruptcies, law suits, credit card delinquencies). I backed out, while hubby protested. It felt wrong. I didn't want to buy from people who I actually disliked
Follow your gut instinct. We ended up buying a better house in a top rated area for marginally more money. After 2yrs, hubby sees how my decision was the more prudent and financially astute decision. Our current house has appreciated considerably. The other place only two miles away? Depreciated.
It's stripped so it is less likely to be rofr'ed. Curious.. What is your price? If it's crazy low, like in the 50s, maybe it would be taken. But my laypersons opinion is that mid 60s and higher should be fine. I could always be wrong, tho...
- Joined
- Jun 8, 2013
How did you know the seller bought so many contracts?
It does look odd. After closing costs, not sure how one can profit even if the seller is renting the points. I would be a little ambivalent as well.
When we were looking at houses to buy, my hubby wanted one overpriced place on a mediocre area. I researched into them and found out that they liked to "flip" houses and had serious financial issues (many bankruptcies, law suits, credit card delinquencies). I backed out, while hubby protested. It felt wrong. I didn't want to buy from people who I actually disliked
Follow your gut instinct. We ended up buying a better house in a top rated area for marginally more money. After 2yrs, hubby sees how my decision was the more prudent and financially astute decision.
Thanks for the vote of confidence. And good for you for going with your gut instinct, too!
Orange County Comptroller records...I was honestly just curious when he purchased contract. Then found a bunch more contracts he purchased this year when I searched his name. Just really odd one would buy a decent size contract and sell it within a few months, especially since he just bought yet another VWL contract a few weeks ago at the end of April. The contract we just backed out on, he purchased late February this year. Just too odd for us.
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