DVC RESALES
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Old 03-14-2011, 04:14 PM   #241
LouisianaDisneyFan
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Originally Posted by fers31 View Post
Just wanted to let you know we found out today that we passed.


fers31------------- 25 BWV (Aug) $65, 22 "holding" '10 pts & no 11 pts, buyer pays closing (sub 2/18)
WOW, I've never seen such a small-point contract go for such a low price. CONGRATS!!! I sure wish we had seen that one and scooped it up.

For all of you waiting, when I called Member Administration the other day to check on the status of a transfer to a family member, the rep I normally speak with told me that I shouldn't worry about anything being submitted to ROFR because, "We are passing EVERYTHING, even resales, that has been submitted right now, due to the upcoming changes." I asked her if that meant that literally any contract would be approved and she replied, "As long as the contract is drawn up correctly with regard to points and title, and the membership has been maintained properly, yes... they are all being approved regardless of price." She went on to say that they didn't want to leave anyone in the position of being caught without their desired contract right before the deadline. This gal has always been accurate with information she has given me in the past, so I would say no one should be worrying about a contract submitted for ROFR at this point. As long as your agent and the title company have done their due diligence in investigating the status of the contract you are purchasing (with regard to how the title is held, number of points, UY, etc.), then you should be receiving good news soon.

Evey
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Old 03-14-2011, 04:41 PM   #242
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Good news!
I hope that gives mjc2003 so reassuance!
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Old 03-14-2011, 04:50 PM   #243
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Originally Posted by DVCconvert View Post
Good news!
I hope that gives mjc2003 so reassuance!

You better believe it does! Now I wish I hadn't upped my offer! (just kidding)......

I'm tempted to add another contract, same UY at BWV. There are tons out there. Might do that before Friday. If it's a good bet that my BCV will go through, I'd like to have some more points to play with.

Thanks for thinking of me, by the way....it's nice to know that somebody appreciates my angst!
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Old 03-14-2011, 04:56 PM   #244
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You better believe it does! Now I wish I hadn't upped my offer! (just kidding)......

I'm tempted to add another contract, same UY at BWV. There are tons out there. Might do that before Friday. If it's a good bet that my BCV will go through, I'd like to have some more points to play with.

Thanks for thinking of me, by the way....it's nice to know that somebody appreciates my angst!
As one who has a pending rofr at $35....I too know the meaning of angst!


My old Dad used to tell me to "dip when the smelts are running".
I think this is a great time to pick up what you can.
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Old 03-14-2011, 05:01 PM   #245
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I just got the email - Passed ROFR

300 OKW (Dec) $55, 125 '11 pts, pro-rated mfs for '10, buyer pays closing



(2 down, 2 to go! )

edited to add this was submitted on 2/21
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Old 03-14-2011, 05:13 PM   #246
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Just got the phone call that DVC passed on ROFR! Here are the details:

100 BCV with April UY, 100 banked points from 2010 and 100 2011 points coming on 4/1. I paid $85 per point plus I'm paying the MF's for 2011 as well as the closing costs. I really wanted this contact because it was exactly the number of points I was looking for, it was the same as my AKV UY, and it had points banked from 2010.

I was impressed with the timeline. The resale company submitted it to DVC on 2/27, and I heard back 15 days later!
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Old 03-14-2011, 05:19 PM   #247
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Just got the phone call that DVC passed on ROFR! Here are the details:

100 BCV with April UY, 100 banked points from 2010 and 100 2011 points coming on 4/1. I paid $85 per point plus I'm paying the MF's for 2011 as well as the closing costs. I really wanted this contact because it was exactly the number of points I was looking for, it was the same as my AKV UY, and it had points banked from 2010.

I was impressed with the timeline. The resale company submitted it to DVC on 2/27, and I heard back 15 days later!

15 DAYS????? HOLY COW!!!! Mine went in on 2/24....so I might hear something this week?

We are leaving on Sunday for 14 days in Florida (no WDW--Captiva and Naples), so I REALLY would love to go away with an answer....now I'm excited.

Question: How do you actually hear you passed ROFR? From Disney? Email? From the reseller?
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Old 03-14-2011, 05:23 PM   #248
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As one who has a pending rofr at $35....I too know the meaning of angst!


My old Dad used to tell me to "dip when the smelts are running".
I think this is a great time to pick up what you can.

$35?? Where? I found a great BWV contract, same April UY, asking $70 pp for 100 points. I have seen these going through for as low as $50-$55. Might make an offer. Just waiting for the wife to call me back.

How can it not be a great time to pick up what you can? No restriction contract for 50% what you'll pay next week for the same flexibility!
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Old 03-14-2011, 05:33 PM   #249
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Got the e-mail today that we passed ROFR. The contracted was submitted on 2/16/11. It is an August UY for 50 points at AKL for $85/pt. 43 points coming on 8/1/11 and 50 points 8/1/12 and each year thereafter. Seller pays MF on the 7 points used for 2011 and we pay the rest as well as closing costs.

I know, I know. . . we probably could have gotten this for less. But basically, we wanted a sure deal on a small point contract and we still saved $35/point over what we would have paid buying direct. This will really give us the added flexibility we were looking for when added to our existing points.
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Old 03-14-2011, 05:55 PM   #250
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mjc2003:
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$35?? Where? I found a great BWV contract, same April UY, asking $70 pp for 100 points. I have seen these going through for as low as $50-$55. Might make an offer
Quote:
Question: How do you actually hear you passed ROFR? From Disney? Email? From the reseller?
The $35 is at VB (which we love).
If you want to own at BWV (I do too) now is the time!
Personally I'd definately offer the seller a real low-ball then decide how much more you're willing to pay.

As to notification, I've used (mostly) TTS and they're the ones who let me know. I'm sure it will be your broker who either calls or emails you.
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Old 03-14-2011, 05:58 PM   #251
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Originally Posted by mjc2003 View Post
15 DAYS????? HOLY COW!!!! Mine went in on 2/24....so I might hear something this week?

We are leaving on Sunday for 14 days in Florida (no WDW--Captiva and Naples), so I REALLY would love to go away with an answer....now I'm excited.

Question: How do you actually hear you passed ROFR? From Disney? Email? From the reseller?
The reseller called me and followed up with an email.

Good luck, and have fun in Captiva! I've always wanted to go there!
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Old 03-14-2011, 06:15 PM   #252
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Good luck to those who are still waiting

Last edited by rock_doctor; 04-06-2011 at 07:58 AM.
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Old 03-14-2011, 06:28 PM   #253
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Passed ROFR today!!!

I am so excited!! We passed ROFR on an SSR 150 point contract which has 143 points from 2010 + 12 borrowed + 138 points coming in Dec 2011 and all Dec 2012 priced at $66 per point. Buyer to pay closing costs and MF's. Contract went to Disney on 02/17/11.
We are only a few weeks away from making our first Ressie!!!!!
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Old 03-14-2011, 07:00 PM   #254
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The reseller called me and followed up with an email.

Good luck, and have fun in Captiva! I've always wanted to go there!

Thanks, I will keep an eye out for that email.

We are excited about Captiva. I've heard good things. Will let you know how it is!
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Old 03-14-2011, 07:02 PM   #255
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We are only a few weeks away from making our first Ressie!!!!!

Nice! Congrats. Lot of points to play with right off the bat....don't spend them all in one place! Actually, you have to!
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