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03-14-2011, 04:14 PM
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#241 | |
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DVC Owner, DIS Stockholder, & all-around fan!
Join Date: Feb 2006
Location: Southeast Louisiana
Posts: 1,307
 Paid DVC Rent/Trade Premium Membership |
Quote:
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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03-14-2011, 04:41 PM
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#242 |
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DIS Veteran
Join Date: Aug 2004
Location: BWV & VB & OKW
Posts: 5,866
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Good news!
I hope that gives mjc2003 so reassuance!
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Dare to do what dreamers do
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03-14-2011, 04:50 PM
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#243 | |
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DIS Veteran
Join Date: Feb 2011
Location: North Jersey
Posts: 1,108
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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! |
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03-14-2011, 04:56 PM
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#244 | |
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DIS Veteran
Join Date: Aug 2004
Location: BWV & VB & OKW
Posts: 5,866
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Quote:
 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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Dare to do what dreamers do
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03-14-2011, 05:01 PM
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#245 |
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DIS Veteran
Join Date: Aug 2004
Location: BWV & VB & OKW
Posts: 5,866
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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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Dare to do what dreamers do
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03-14-2011, 05:13 PM
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#246 |
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"It's not the heat -- it's the stupidity"
Join Date: Dec 1999
Location: Shenandoah Valley, VA
Posts: 1,837
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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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Been there, done that, going back!!    |
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03-14-2011, 05:19 PM
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#247 | |
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DIS Veteran
Join Date: Feb 2011
Location: North Jersey
Posts: 1,108
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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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03-14-2011, 05:23 PM
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#248 | |
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DIS Veteran
Join Date: Feb 2011
Location: North Jersey
Posts: 1,108
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Quote:
$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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03-14-2011, 05:33 PM
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#249 |
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DIS Veteran
Join Date: Feb 2011
Location: Indiana
Posts: 1,199
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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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03-14-2011, 05:55 PM
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#250 | ||
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DIS Veteran
Join Date: Aug 2004
Location: BWV & VB & OKW
Posts: 5,866
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mjc2003:
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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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03-14-2011, 05:58 PM
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#251 | |
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"It's not the heat -- it's the stupidity"
Join Date: Dec 1999
Location: Shenandoah Valley, VA
Posts: 1,837
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Quote:
Good luck, and have fun in Captiva! I've always wanted to go there!
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Been there, done that, going back!! |
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03-14-2011, 06:15 PM
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#252 |
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DIS Veteran
Join Date: Apr 2009
Posts: 1,548
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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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03-14-2011, 06:28 PM
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#253 |
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Tink
Join Date: Jan 2008
Posts: 53
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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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Cheryl
  January 2013 Old Key West & Saratoga Springs *Disney's Aulani May 2012 * Beach Club, Animal Kingdom & Bay Lake Tower August 2011 * Saratoga Springs June 2008 * All Movies Resort Nov 2006 |
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03-14-2011, 07:00 PM
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#254 | |
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DIS Veteran
Join Date: Feb 2011
Location: North Jersey
Posts: 1,108
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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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03-14-2011, 07:02 PM
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#255 | |
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DIS Veteran
Join Date: Feb 2011
Location: North Jersey
Posts: 1,108
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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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