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

Discussion in 'Purchasing DVC' started by mac_tlc, Sep 21, 2012.

  1. Breyean

    Breyean DVC Since '93

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    Wow. This shows they have no pattern that we can follow.
     
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  3. Countryrunner262

    Countryrunner262 Mouseketeer

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    We are still waiting on ROFR. I see there is really no pattern to what passes. We are waiting on a 150point SSR that we got for $69pp with all points for 2012 forward. We pay all fees and closing. Is Disney more likely to pass on SSR since it's not quite as desired, or does that not matter?
     
  4. NoleFan

    NoleFan DIS Veteran

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    Whoa- no kidding! I guess if they need more points for wait list or direct sales, it's better to buy back a larger contract. Ultimately, who knows??? Depends on what is needed for direct sales @ any given time. Yikes!!!!
     
  5. MasonDuo

    MasonDuo Mouseketeer

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    Well the ROFR monkey got us and took our contract on day 35. When speaking with our broker yesterday he explained that (unknown to him) DVD put an addendum on the contract to extend their time for review. Still can't understand why they couldn't have just taken it weeks ago.

    If you are wondering it was a 150 pt BWV contract Feb use year at 65 per point.
     
  6. Hunclemarco

    Hunclemarco DIS Veteran

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    Sorry to hear that...I wasn't aware they could put an addendum for review on a contract like that.
     
  7. NoleFan

    NoleFan DIS Veteran

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    2012 points? 2013 points?

    Sorry to hear!!
     
  8. scgustin

    scgustin Mouseketeer

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    We purchased 100 points at AKL for $65 a point (Feb.) through Fidelity.

    0 points for 2013. All 100 points coming in 2014.

    Buyer/Seller split closing, buyer pays Fidelity maintenance fee.

    Timeline:
    Contract sent to ROFR on 4/16. :hourglass
     
  9. lovin'fl

    lovin'fl DIS Veteran

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    Sorry MasonDuo...stinks to have to wait all that time to just get ROFRd...good luck on your next one!

    Updated page 142.
     
  10. brhalstea

    brhalstea The Dismeister

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    Just got word today that we passed! Then asked to be sure if it was indeed ours and got the response that technically the seller could still back out (slim chance though)! But for all intensive purposes we should be DVC owners! Some specifics I left out in original post. Buyer pays closing and seller pays 2013 mainenance fees. Submitted 4/12 and waived 5/6 but didn't hear anything til today.
     
  11. NoleFan

    NoleFan DIS Veteran

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    Wow, great pricing! Congrats!
     
  12. bman388

    bman388 Earning My Ears

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    Congrats!!!! :goofy:
     
  13. lchute1158

    lchute1158 Mouseketeer

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    I am not sure if I posted this..

    OKW 75 points... 64 pp seller pays closing buyer pays mf. Submitted rofr on 5/3.
     
  14. lovin'fl

    lovin'fl DIS Veteran

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    June UY?
     
  15. lchute1158

    lchute1158 Mouseketeer

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    Oh sorry... August.
     
  16. DaveD

    DaveD Earning My Ears

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    Thanks :)

    And my wife corrected me and said it was 67. They were asking 68, we offered 66 they countered at 67. Sorry. Disney took at 67.

    The one that was taken was a over month ago. It went to ROFR 4/8 and it was fully loaded BWV 150 with immediate closing. It had banked points too from 2012 and was just too tempting for Disney to pass on.

    But keep positive. You just never know what side of the bed Mickey wakes up on.
     
  17. zgirlz

    zgirlz Earning My Ears

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    Congratulation! Great price. We are waiting on an SSR 150 pts. loaded $62 per pt. just signed, not sure if it even went to ROFR yet, fingers crossed.
     
  18. duck_widow

    duck_widow Earning My Ears

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    Hi,

    We passed ROFR on 5/6 on our first add-on. We already own at VGC. I didn't want to jinx it, so waited until after the ROFR period before posting.

    SSR AUG 210 pts, $50, 63 2012 pts (banked), 210 2013 pts, 210 2014 pts, buyer pays 2013 MFs, Closing and admin fee.

    Our offer was accepted right in the middle of the ROFR madness last month, so at times I had little hope. I am so happy it worked out and sorry to all those that the monkey got.

    Thank you to everyone that posts here for lots of great information and data!
     
  19. lovin'fl

    lovin'fl DIS Veteran

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    GREAT DEAL!!! Congrats!

    Updated page 142.
     
  20. agie65

    agie65 New Disney Fan DVC Gold

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    Sorry to hear that, One broker said, usually if they are not sure they will hold on till last minute and make a decision.
    At this price only one thing comes in my mind is there is no right reason in any deal, whether disney will take it or not, you can just keep guessing. I think more of a business decision to keep the resale price high, so they can charge higher direct price.:confused3
     
  21. fmer55

    fmer55 DIS Veteran

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    WOW, that really stinks, sorry to hear....and now I am worried where as I had no worries for the first 19 days:confused3

    It seems they can do just about anything they please, sorry this happened to you.
     

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