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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. Jasonkat

    Jasonkat Mouseketeer

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    Nov 15, 2012
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    My patience has paid off. This deal hasn't even been submitted for ROFR yet, but since VWL never gets ROFR'd I feel pretty safe (according to the other thread Disney has ROFR'd two VWL contracts for 300 points since 6/1/2010).

    I made 3 offers that didn't work out over a period of two months before finally landing this deal.

    200 VWL: August use year, all 2011, 2012, 2013 pts (400 pts available now, 200 more coming August 1, 2013). $55 per point. Buyer pays closing and MFs

    It will take until mid-Feb to close and I don't know how long until Disney makes the ownership change and I can book something, but I should have enough time to book something and head down to WDW before 7/31/13 when the 2011 pts expire.
     
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  3. mommyarewegoingback

    mommyarewegoingback DIS Veteran

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    I sure hope so. Mine got submitted on 12/4. I don't know y'all did it. This wait is horrible. Congratulations all of you that passed!

    -Virginia
     
  4. 312BillB

    312BillB Earning My Ears

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    Dec 2, 2011
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    I second your comment on this site, what a resource!! My offer was sent for ROFR today on a 200 pt SSR contract @ $50 per point, full 2012 points available and beyond, Dec use year. Buyer pays closing and 2013 MF's.

    I was trying to snag a 250 point contract June UY with full 2012 points, but in mid-negotiation, somebody offered full price to seller of $60. Ugh!!
     
  5. DannysMom

    DannysMom DIS Veteran

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    Great deal! Hope the no ROFR trend at VWL continues for you!

    Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!
     
  6. zavandor

    zavandor DIS Veteran

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    Jul 22, 2011
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    I noticed that prices went up a bit in the latest months. It took me a lot of offers to find a contract for a price I was confortable with. My first contract was a small one (65 points), with half banked points from previous year and I paid 50$ per point. I could sell it now for 65$ per point easily. I know because I made offers on small contracts that sold for asking price around that price.

    I've just sent my documents signed to ROFR for an addon to SSR, 150 points with December UY.
    It has 275 points available: 125 points banked from 2011 and full points for current UY. I'll pay closing and 2013 MF. Price is 58$ per point.
    Not a big deal, but if I value the banked points 10$ per point, the price goes down to 50$ per point.
     
  7. z28wiz

    z28wiz DIS Veteran DVC Gold

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    FYI that's my contract lol
     
  8. lovin'fl

    lovin'fl DIS Veteran

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    LOL! I hope we don't get ROFR'd...and I hope Disney sends it through ROFR quickly...I hate the ROFR wait.

    I can't wait to book a trip...working on DH for a holiday 2013 trip though DH would prefer a warm weather trip.

    And the closing costs turned out to be a bit less than estimated...yay!!!!
     
  9. DougEMG

    DougEMG DIS Veteran

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    Congrats, nice deal.
     
  10. belias21

    belias21 DIS Dad's Club Member #717

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    If you're ever looking for someone to take that 50 OKW off your hands... ;)
     
  11. mort1331

    mort1331 Mouseketeer

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    Recieved our email yesterday, passed with a loaded SSR 220 Apr UY all 2011,2012,2013. buyer pays closing and 2013mf.
    Our first contract so very happy, passed in 21days so hope everything goes and cleared to book mid/late Jan. :cool1:
     
  12. htmlkid

    htmlkid Gold DCL Member / SSR DVC Member

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    Hey that is still a great deal
     
  13. 312BillB

    312BillB Earning My Ears

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    Dec 2, 2011
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    Not as good as this one, listed on Fidelity's website :rotfl2:

    Disney's Saratoga Springs Resort $1,280.00 160pts $8.00/pt Aug. 12-215, 13-160, 14-160 1353931
     
  14. silmarg

    silmarg SIL

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    While I am holding out a few months before I start looking for another DVC contract... I really want SSR 160 Aug... so I had to call Fidelity to get the details on this one...

    It was a typo. Its supposed to be $58.. and its sold.
     
  15. splash0mtn

    splash0mtn Earning My Ears

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    Nov 30, 2008
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    Seller accepted, documents signed and it was sent to Dinsey for ROFR on November 20th and I'm STILL WAITING!!! ...can you hear my fingers tapping......
     
  16. pmaurer74

    pmaurer74 DIS Veteran

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    Awesome deal! We are considering VWL as well so I have been watching.
     
  17. jenna9906

    jenna9906 Earning My Ears

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    Jul 24, 2012
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    Hi, I'm new here. We submitted a contract through Fidelity to Disney for BCV @ $70/point for 160 points on 12/14. We pay 2013's MF and closing. It has a Feb. UY, all 2012 points are banked and 2013 points will be available. There are also 125 2011 points available but they will expire in Jan. Zero chance the contract will be ours before then, right?
     
  18. z28wiz

    z28wiz DIS Veteran DVC Gold

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    Zero chance it takes at least 60 days
     
  19. GoofyJ

    GoofyJ Earning My Ears

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    Mar 13, 2011
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    We submitted Nov. 24 ish and heard today it was taken by Disney. 150 pts '12, 300 '13, 150 '14 at $50 pp.

    Now we have to start over again.::(
     
  20. dvcterry

    dvcterry DIS Veteran

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    Hi there,
    Although our resales have taken the typical 30 day rofr time frame and then a few weeks after to close, we did have one instance in which rofr was waived about 10 days in. From there we closed very quickly with the title company and about two days later the points were loaded under my membership. It happened much faster than we had expected and were delighted. There is no way to predict if something like this can happen. I would hope that you get to use those 2011 points though. We had used the same broker and in that regard the communication was excellent and they worked through any concerns I had. Good luck to you.
     
  21. miyta

    miyta Mouseketeer

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    Nov 2, 2008
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    195
    Any chance the seller would be able to book something for the buyer while it is sale pending?
    Not sure the seller would desire to but maybe?
     

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