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Old 04-16-2012, 07:57 PM   #2236
WsPrincess
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Didn't pass ROFR. :-(
I am so sorry.
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Old 04-17-2012, 05:09 AM   #2237
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Didn't pass ROFR. :-(
Sorry to hear that. What resort, price, etc.....?
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Old 04-17-2012, 05:57 AM   #2238
uriel12
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Did not Pass ROFR

I received the bad news yesterday. Disney exercised the ROFR.
HH (Oct) 210 points at $40/PT - 2011-418 pts, 2012 - 210 pts. Seller pays 2012MF. Buyer pays $650 closing cost. I guess it was expected....
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Old 04-17-2012, 07:57 AM   #2239
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I received the bad news yesterday. Disney exercised the ROFR.
HH (Oct) 210 points at $40/PT - 2011-418 pts, 2012 - 210 pts. Seller pays 2012MF. Buyer pays $650 closing cost. I guess it was expected....
That stinks.....I do not think there is a coincidence between the flurry of ROFR and the beginning of the 2nd quarter. It seemed to be OKW at first, but now there are deals that seemed more than fair a month ago being snatched up left and right by that ROFR monkey
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Old 04-17-2012, 07:58 AM   #2240
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I received the bad news yesterday. Disney exercised the ROFR.
HH (Oct) 210 points at $40/PT - 2011-418 pts, 2012 - 210 pts. Seller pays 2012MF. Buyer pays $650 closing cost. I guess it was expected....
There also does not seem to be a coincidence that the monkey loves when MF's are paid by the seller and of course the banked points seem to be in every contract.
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Old 04-17-2012, 01:19 PM   #2241
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Originally Posted by uriel12 View Post
I received the bad news yesterday. Disney exercised the ROFR.
HH (Oct) 210 points at $40/PT - 2011-418 pts, 2012 - 210 pts. Seller pays 2012MF. Buyer pays $650 closing cost. I guess it was expected....
Sorry to hear that. Better luck next time.
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Old 04-18-2012, 09:11 AM   #2242
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Just got the email from Rachel at Fidelity: Disney waived their ROFR & we're on our way to closing!!! WOO (freaking!) HOOO!

The deets: 160 pts., BLT, Apr. uy (all '12 pts & going forward) $89.06/pt, split MF, buyer pays closing. (sub 3/19 -so exactly 30 days!)

Last edited by bethifoody; 04-18-2012 at 09:44 AM.
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Old 04-18-2012, 11:24 AM   #2243
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Just got the email from Rachel at Fidelity: Disney waived their ROFR & we're on our way to closing!!! WOO (freaking!) HOOO!

The deets: 160 pts., BLT, Apr. uy (all '12 pts & going forward) $89.06/pt, split MF, buyer pays closing. (sub 3/19 -so exactly 30 days!)
Congrats!!! i passed last wed and awaiting closing docs.....surprising how the wait for closing docs is much easier than waiting for rofr to be waived. Perhaps because it is almost time to part with my hard earned loot?
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Old 04-18-2012, 11:30 AM   #2244
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Originally Posted by bethifoody View Post
Just got the email from Rachel at Fidelity: Disney waived their ROFR & we're on our way to closing!!! WOO (freaking!) HOOO!

The deets: 160 pts., BLT, Apr. uy (all '12 pts & going forward) $89.06/pt, split MF, buyer pays closing. (sub 3/19 -so exactly 30 days!)
Congratulations! The waiting was painful but it paid off.
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Old 04-18-2012, 12:16 PM   #2245
Annie Michelle
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OKW passed

We just heard today (day 28) that our next OKW passed. It is 90 points at $52 with buyer paying closing and maintenance.

I swore I would not use Fidelity again, but we gave it another try. Last year we spent almost 4 months trying to close on 90 points. This time we refused to sign the automatic 60 day extension they try to slip in the paperwork. If they can't get it done in 60 days we are walking. I'm hoping for the best this time.
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Old 04-18-2012, 12:35 PM   #2246
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We just heard today (day 28) that our next OKW passed. It is 90 points at $52 with buyer paying closing and maintenance.

I swore I would not use Fidelity again, but we gave it another try. Last year we spent almost 4 months trying to close on 90 points. This time we refused to sign the automatic 60 day extension they try to slip in the paperwork. If they can't get it done in 60 days we are walking. I'm hoping for the best this time.
Good luck! Thanks for the "heads up" about the extension paper too
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Old 04-18-2012, 12:37 PM   #2247
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Originally Posted by Annie Michelle View Post
We just heard today (day 28) that our next OKW passed. It is 90 points at $52 with buyer paying closing and maintenance.

I swore I would not use Fidelity again, but we gave it another try. Last year we spent almost 4 months trying to close on 90 points. This time we refused to sign the automatic 60 day extension they try to slip in the paperwork. If they can't get it done in 60 days we are walking. I'm hoping for the best this time.
CONGRATS on passing ROFR! I am personally glad to hear that an OKW at that price point got through too, since I have one in ROFR right now

I am sorry to hear about your past experience, but hopefully Fidelity will be able to get it done this time!
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Old 04-18-2012, 12:41 PM   #2248
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Quote:
Originally Posted by Annie Michelle View Post
We just heard today (day 28) that our next OKW passed. It is 90 points at $52 with buyer paying closing and maintenance.
Congradulations

Quote:
Originally Posted by Annie Michelle View Post
Last year we spent almost 4 months trying to close on 90 points. This time we refused to sign the automatic 60 day extension they try to slip in the paperwork. If they can't get it done in 60 days we are walking.
Did the closing company start on the closing without you signing that 60 day extension paper ? Sounds like a good idea to do and I'll have to try that myself.
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Old 04-18-2012, 01:10 PM   #2249
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Congrats!!! i passed last wed and awaiting closing docs.....surprising how the wait for closing docs is much easier than waiting for rofr to be waived. Perhaps because it is almost time to part with my hard earned loot?
Well, I think part of the easiness comes from the certainty that the sale is going through. The "Disney can yank this opportunity out from under me" contingent is gone - which, for me, makes waiting infinitely easier. As for the parting w/ hard earned loot, I can't believe how eager I am to spend that big chunk, lol.

Thanks for the 'grats, everyone! I'm super excited!

And I wish my atty. hubby would've thought to nix the 60-day extension paper... next time, I guess!
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Old 04-18-2012, 02:02 PM   #2250
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First ever DVC contract purchase - sent to Disney for ROFR today (3/20/12)

Details are:

SSR 250 points, Dec UY, $43.60/point, 0 points for 2011, 250 points for 2012. Buyer pays closing and 2012 MF.

Just found out today (4/18) we passed ROFR...

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