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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. gatorgirl02

    gatorgirl02 Mouseketeer

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    You can add me back in to the ROFR madness, my contract was submitted yesterday:

    170 PT BWV (Sep UY) - $57 pp, 170 2012 pts, 170 2013 pts, all going forward Buyer pays MF and closing

    Wish me luck please! ;)
     
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  3. bakenatj

    bakenatj Mouseketeer

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    Found out today Disney exercised ROFR on our contract. Was 150 BLT Dec $83 pp, buyer paid '13 MF, seller paid closing. All '12 & '13 points.

    Sucks but oh well. Have to try again. Out of the two resale I have tried both have been ROFR. :(
     
  4. Illini Al

    Illini Al Mouseketeer

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    :sad2: :hug:
     
  5. Snowmiser

    Snowmiser Earning My Ears

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    After reading these boards and doing lots of research over the last year or so, I finally decided to make my first offer on Monday and it was accepted! Contracts were signed today and it went over to Disney this afternoon.

    200 BWV (March) $56, 4 banked 12 points, all 13 and 14 points, buyer pays mf, closing and Fidelity fee.

    I would eventually like 300-350 points, but that amount scared me so we decided to buy a smaller contract and add on down the road. DH is much more comfortable with that too. Seems like lots of the posters here do that and I think it makes a lot of sense.

    Now, I just have to get through ROFR! :worship:
     
  6. Mom23WildBoys

    Mom23WildBoys Earning My Ears

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    Do you mind me asking what the U/Y was?
    Sorry about getting ROFR'd...
     
  7. lovin'fl

    lovin'fl DIS Veteran

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    Oh...so sorry! Third time's the charm.
     
  8. lovin'fl

    lovin'fl DIS Veteran

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    December
     
  9. Illini Al

    Illini Al Mouseketeer

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    Looks like it was Dec.... :)
    "150 BLT Dec $83 pp"
     
  10. Mom23WildBoys

    Mom23WildBoys Earning My Ears

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    Sorry, I missed it!
    I know December is a very busy time at BLT, so now I'm worried
    about our contract for June at BCV. Isn't June a busy time for BCV too?
    There are also hardly any listings for June U/Y at BCV...:sad2:
     
  11. zavandor

    zavandor DIS Veteran

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    My second contract is now loaded in my account!

    150 points for SSR, December UY, 58$ a point, 125 banked points from 2011, all 2012 and 2013 points and onward (so not a great cost per point, but it's loaded with old points I already used for a reservation).
    I paid closing and 2013 MF.

    Timeline:
    12/18 offer accepted
    12/28 closing docs sent to ROFR
    1/22 passed ROFR
    2/5 Contract closed
    2/12 Contract added to the account (but no points)
    2/13 Points loaded
     
  12. kenly777

    kenly777 Mouseketeer

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    Congratulations and thanks for the timeline! I found it really helpful :) If my contract follows your timeline (which it has so far) my points would be available March 5.
     
  13. zavandor

    zavandor DIS Veteran

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    Thanks.
    I have to add that I purchased though Fidelity. I made the offer with Rachel, but in the middle of the process she left the company. I was scared that this could cause some delay but Fidelity managed the switch really well.
    I'm very happy with their service, I've bought both my contracts with them.

    The timeline is a little longer than usual, but there was the holiday period first and then I had a little delay due to transferring money from Europe to the closing company in the USA, so I'm happy with the timing: just in time to use the points for my reservation in September.
    :cool1:
     
  14. lovin'fl

    lovin'fl DIS Veteran

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    Well, in Dec and Jan there were no BCV contracts ROFRd by Disney. Prior to that there were 1-3 each month...looks like. OKW, on the other hand, has had double digits ROFRd each month for a while. And from this thread, it looks like DVD likes Dec BCV contracts and low $60s/high $50s per point.
     
  15. Mom23WildBoys

    Mom23WildBoys Earning My Ears

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    Well thanks for the encouragement. That does make me feel better. :)
    I'll definitely post when I hear either way.

    Happy Valentine's Day everyone!
     
  16. DougEMG

    DougEMG DIS Veteran

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    Good luck pixiedust:
     
  17. nunzia

    nunzia You can't top pigs with pigs, but you CAN top Toys

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    Here I am, amazingly, joining this group. After waiting since last April for direct VGC points, I happened across a resale contract that fit and jumped on it. So..off it goes to ROFR (hope my guide doesn't call NOW...what a dilemma). So details are 125 VGC, March use year, $108 a pt, 12 pts coming from 2013, 125 2014, I pay closing. Fingers crossed..more points than originally intended but I'm sure if it works out, I can use them :)
     
  18. fmer55

    fmer55 DIS Veteran

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    This may be speculation on my part but I am fairly certain from the evidence.

    This is the third BLT contract I have seen ROFR'd, all 3 have been December UY. There is another thread(no idea where i read it) but it indicates that 3 different people that are/were on the waiting list for BLT Dec UY.

    Beware the BLT December UY.
     
  19. lovin'fl

    lovin'fl DIS Veteran

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    Congrats! Did you pull off the wait list? If not they may ROFR it and sell it to you direct. But then you will be off wait list and it could still get ROFRd (for someone else on wait list) and you'd have lost your place on the wait list.
     
  20. gortman65

    gortman65 Proud papa to two Mouseketeers

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    Wow, I had no idea they could do this. Is it common?
     
  21. Breyean

    Breyean DVC Since '93

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    We discussed this a little over a year ago when I and another poster both had our VGC contracts ROFR'd while we were both on the direct wait list.

    In my case, I had it done twice, and each time, the day I got the ROFR news, my guide called later that day to tell me my points w/b coming in another week or two.

    The other poster had hers ROFR'd at a higher price than another VGC contract that passed the same week and I believe it was also the same UY. And, her guide called her right afterward s well.

    So the discussion was whether Disney bothers to run the names on the resale contracts vs those on the wait lists because it's an easy sale for them.

    Who knows if it really happens, though. Like most things DVC or Disney, it's a mystery to us outsiders.
     

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