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

[THKlovesDisney]

Originally Posted by AWilliams

Hi there! Our contract was submitted to Disney by Fidelity on 10/11. Does Disney put out a weekly list of transactions to the public or do we wait to hear back from Fidelity? This is our first DVC purchase (hopefully)!!

Thanks! Amy

You will get an email from Fidelity when they hear. We heard first thing from them last Tuesday morning.

[MickeyFan612]

passed OKW $50/pt April 190 2011, 190 2012 and forward. I pay closing seller pay 2012 maint. fees

One small hiccup... It will take an extra week to close. I will be the third owner and somehow the original deceased owner (RIP) is still on deed and he must be removed! Apparently Disney didn't want to wait extra week so Lucky me!

[tjcat]

3rd times a charm!
Our 3rd try and this one passed!
SSR 150 Feb use year 149 banked 2012 points, $60/point.
Buyer pays C.C./Split M.F.
I know this is more than what some people paid per point but I was getting nervous after having Disney ROFR 2 OKW contracts!
Thanks to everyone for your help, now to add on or not......

[tjcat]

Sorry forgot!
SSR 150, FEB use year $60/point Buyer pays CC, Split MF for 2012
Submitted to Disney on 9/25
Passed ROFR 10/23

[Lizard Valley]

Originally Posted by MickeyFan612

passed OKW $50/pt April 190 2011, 190 2012 and forward. I pay closing seller pay 2012 maint. fees

One small hiccup... It will take an extra week to close. I will be the third owner and somehow the original deceased owner (RIP) is still on deed and he must be removed! Apparently Disney didn't want to wait extra week so Lucky me!

Congrats!!! I had my fingers and toes crossed for you

Great deal, lucky you for getting this one!

[tjcat]

Originally Posted by MickeyFan612

passed OKW $50/pt April 190 2011, 190 2012 and forward. I pay closing seller pay 2012 maint. fees

One small hiccup... It will take an extra week to close. I will be the third owner and somehow the original deceased owner (RIP) is still on deed and he must be removed! Apparently Disney didn't want to wait extra week so Lucky me!

Wow Mickeyfan that's awesome, I really wanted OKW but after 2 ROFR's we tried for SSR!

[icydog]

Originally Posted by icydog

I just sent faxed the paperwork into my brokers.. I'm trying to buy Old Key West and I know Disney is buying those contracts back.

Here's what I made offers on-- all are for OKW for March use year.

Contracts 1 and 2 are the same seller therefore I'll pay only one closing cost from the Timeshare Store. I am paying an average of $56 a point

1. 130 OKW Points with 130 banked points from 2012 March use year @56
2. 270 OKW Points with 28 banked points from 2012 March use year @56


I am buying contract 3 from a different seller and another broker. It's an extended (to 2057) OKW contract

3. 150 extended OKW Points with 148 banked points from 2012 March use year @$62

I am at the beginning of the process and I'll let you know how they progress through the system

I'm in for another Disney's Old Key West contract

4. 250 extended OKW Points with 250 banked points from 2012 March Use year @63 per point.

[Disney st8 of mind]

First time posting on this thread because it's our first DVC purchase! VWL 200 pts. March UY. All 2012 pts banked and all 200 points each year thereafter. Listed on market 10-19. Bid on 10-19. Offer accepted on 10-19! Sent to ROFR 10-23. $55 per point.

[MickeyFan612]

Originally Posted by Lizard Valley

Congrats!!! I had my fingers and toes crossed for you

Great deal, lucky you for getting this one!

Originally Posted by tjcat

Wow Mickeyfan that's awesome, I really wanted OKW but after 2 ROFR's we tried for SSR!

Thanks Liz and tjcat...I've asked broker twice now if she is positive that Disney has waived it? LOL I'm finding it rather hard to believe but she assures me she has the waiver in hand. Hopefully I will be closing soon! Thanks for extra luck Liz..Sending it your way now!

[DougEMG]

Originally Posted by MickeyFan612

passed OKW $50/pt April 190 2011, 190 2012 and forward. I pay closing seller pay 2012 maint. fees

One small hiccup... It will take an extra week to close. I will be the third owner and somehow the original deceased owner (RIP) is still on deed and he must be removed! Apparently Disney didn't want to wait extra week so Lucky me!

Congratulations with getting an OKW contract through.

[zakgrim]

A bit late, but we passed ROFR on September 18th (the official transfer letter with our member ID number came on Monday [10/22]).

200pts AKV. 9pts from '12, all points from '13. March Use year.

$63 per point.

[icydog]

Originally Posted by MickeyFan612

passed OKW $50/pt April 190 2011, 190 2012 and forward. I pay closing seller pay 2012 maint. fees

One small hiccup... It will take an extra week to close. I will be the third owner and somehow the original deceased owner (RIP) is still on deed and he must be removed! Apparently Disney didn't want to wait extra week so Lucky me!

That's terrific but it shows I probably paid too much for my pending Disney's Old Key West contracts. Mine were all March UY but none were for $50. I bid higher because I knew Disney was buying a lot of the OKW contracts back. But more power to you and Congratulations!

I offered $56 on the 2 contracts for 2042
And
I offered $62 & $63 for the 2 contracts for 2057

So you see I spent more than necessary.

[DannysMom]

Originally Posted by MickeyFan612

passed OKW $50/pt April 190 2011, 190 2012 and forward. I pay closing seller pay 2012 maint. fees

One small hiccup... It will take an extra week to close. I will be the third owner and somehow the original deceased owner (RIP) is still on deed and he must be removed! Apparently Disney didn't want to wait extra week so Lucky me!

Originally Posted by icydog

That's terrific but it shows I probably paid too much for my pending Disney's Old Key West contracts. Mine were all March UY but none were for $50. I bid higher because I knew Disney was buying a lot of the OKW contracts back. But more power to you and Congratulations!

Actually I think it shows the happenstance nature of ROFR. When icydog was bidding, DVD had buyers for March OKW points, and not enough points to sell, so they snagged your contracts. When MickeyFan612 was bidding, they had plenty of April OKW points for the buyers that were interested. Or they had no desire to get caught in any kind of estate settling nonsense. If they buy back points, they want to be able to turn them around to re sell them ASAP.

Sent from my iPad using DISBoards App, please excuse any typos.

[MickeyFan612]

Originally Posted by icydog

That's terrific but it shows I probably paid too much for my pending Disney's Old Key West contracts. Mine were all March UY but none were for $50. I bid higher because I knew Disney was buying a lot of the OKW contracts back. But more power to you and Congratulations!

I offered $56 on the 2 contracts for 2042
And
I offered $62 & $63 for the 2 contracts for 2057

So you see I spent more than necessary.

I totally agree with DannysMom! I don't see that you have overpaid...if you pass $56/point that is awesome Disney has been taking back contracts at around 60/point this past month! I'm 99.9% sure It would've been ROFR'd if it weren't for deed problem. I just got lucky that the sellers weren't asking much and that it happened to have this deed issue Very Lucky!!

[Shazzasmd]

Originally Posted by Disney st8 of mind

First time posting on this thread because it's our first DVC purchase! VWL 200 pts. March UY. All 2012 pts banked and all 200 points each year thereafter. Listed on market 10-19. Bid on 10-19. Offer accepted on 10-19! Sent to ROFR 10-23. $55 per point.

Very nice! Congrats on your contract.