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

[WsPrincess]

Congrats to everyone who made it through today. I hope closing goes quick for everyone and those waiting hear soon!

[Mrbruin2k]

Just found out we passed ROFR as well today...BLT 220 Points October UY $92 per point...318 banked and all 220 coming October. We are paying closing and will pay 2012 MF in October

[KSL]

Yay! I am so excited for all of you! This is such much better news than I was reading on these boards just a short time ago. Congratulations to everyone who has passed! Fingers crossed for quick and smooth closings.

[ELMC]

Originally Posted by KSL

Yay! I am so excited for all of you! This is such much better news than I was reading on these boards just a short time ago. Congratulations to everyone who has passed! Fingers crossed for quick and smooth closings.

Don't worry...Doug and I still have a few contracts at ROFR that Disney can take from us. That's right, Doug, I said it.

[KSL]

Originally Posted by ELMC

Don't worry...Doug and I still have a few contracts at ROFR that Disney can take from us. That's right, Doug, I said it.

ACK! No, don't say it! I'm still waiting on ROFR myself!

[Tunseeker1]

I sent in an AKV on the 6th and haven't heard anything yet it's making me nervous seeing same dates/resorts

[Kidanifan08]

Originally Posted by Tunseeker1

I sent in an AKV on the 6th and haven't heard anything yet it's making me nervous seeing same dates/resorts

They technically have another 5 days . I was really surprised that my AKV came through today. I wouldn't be too worried though . . . they have enough AKV points to deal with right now

It's nerve wracking, nonetheless

[fmer55]

Originally Posted by ELMC

Don't worry...Doug and I still have a few contracts at ROFR that Disney can take from us. That's right, Doug, I said it.

Whew,,,,,thank you for taking the pressure off of me

[wigdoutdismom]

Originally Posted by Tunseeker1

Sorry to hear about the delay. The seller might be backing out.

Originally Posted by Missyrose

That's totally not true. Sure there's the small chance they could back out. But most likely is they've just been lazy about getting their stuff notarized and sent back. Or perhaps they've been out of town or something like that. I can never understand when sellers drag their feet... if you've made the choice to sell your contract, don't you want your money?!?!?!

Originally Posted by Tunseeker1

Many fidelity properties are distressed and the sellers may not clear enough from the sale to pay their obligations

Originally Posted by ELMC

Do you have any insight into this particular contract or are you just speculating with absolutely no specific knowledge?

Originally Posted by ELMC

To answer your question, I have bought one contract through Fidelity and am currently in the process of closing another with them. I have found their communication to be great. Yes, they may be a few days slower than TTS. But if you call and ask them to follow up with the seller, they will, and they'll let you know what's going on. I would suggest that you try doing this.

Good luck!

Originally Posted by a742246

It's possible that the seller lives out of the country. If that's the case then notarizing isn't as easy as in the states.

Originally Posted by Poolrat

Anita, I was wondering if you closed on this. I have used Fidelity both times with NO issues. Both my sellers were in the US so the international angle might be slowing things down.

Hope you get to close soon.

I had no idea that my original post would cause such a ruckus!

We have been emailing back and forth with Fidelity. It seems that in more than one way they dropped the ball with our contract.
The sellers are divorced.
They have sold several contracts.
The man has signed but the woman's attorney told her not to sign anything with the ex-spouses name on it.
Seems that she requested another document from the title company and they didn't get back to her...
For over a week and a half.

So now it's been 18 days since we sent our funds to close and yes, I'm a bit miffed.
So I called them today and said that they needed to get me some answers...

The contracts person had our paperwork in front of her and apologized many times over for the mix-up of the title company.

I will be informed by them as soon as anything occurs...

We certainly aren't new to buying contracts, this might be our 10th purchase or so.
This time it's just been the pits!!!

[DougEMG]

Originally Posted by ELMC

Don't worry...Doug and I still have a few contracts at ROFR that Disney can take from us. That's right, Doug, I said it.

Hey that's not funny! But since you're ahead of me at ROFR maybe Disney will be just satisfied with your contract(s).

[ELMC]

Originally Posted by DougEMG

Hey that's not funny! But since you're ahead of me at ROFR maybe Disney will be just satisfied with your contract(s).

I'm using reverse psychology. But yeah, you're right. I'm definitely running interference for you at BWV. Good luck to us both!

[Tunseeker1]

I just found out I made it!!!

AKV Sept UY 50 pts. 0-2011, 50-2012, 50-2013 $75 Buyer pays up to $350 in closing, buyer pays MF

Mike math totals=
$4400 total out of pocket
$130 a point direct=31 points

I got 19 free points a year!

[Kidanifan08]

Originally Posted by Tunseeker1

I just found out I made it!!!

AKV Sept UY 50 pts. 0-2011, 50-2012, 50-2013 $75 Buyer pays up to $350 in closing, buyer pays MF

Mike math totals=
$4400 total out of pocket
$130 a point direct=31 points

I got 19 free points a year!

Congrats! Enjoy your extra points!

[Tunseeker1]

Originally Posted by Kidanifan08

Congrats! Enjoy your extra points!

This just gets me a 11 month window at AKV!!!

[permavac]

Hallelujah! Just found out that Disney passed on my contract SUPER excited right now! After they took the 75 point OKW from me a couple of weeks ago I fully expected them to take this one too. It's my lucky day!

BWV 50 points (Oct) $65.00 per point, '11 100 pts (50 banked from '10), '12 50 pts, Buyer pays closings and MFs, Sent to Disney 4/5/12, passed 5/2/12

Terri