ProfessorChris---250 BCV (Oct), $62, 86 banked 12 pts, all 13 & 14 pts, buyer pays admin fee, seller pays closing & mf (sub 4/10, passed 4/30)[/QUOTE]
While I was happy for the person who got this great deal through, it made no sense for Disney to let it happen. Even at the the old price of $115.00 per point, Disney would have stood to make $53.00 a point profit if it exercised its ROFR, or as I calculate it, a total profit on this contract of at least $13,250.00 if purchased. Plus when you consider that the Seller was paying for closing costs and maintenance fee, Disney was making even more money. Just how much is enough? Clearly, members on this board (including myself) don't understand what Disney's criteria for exercising its ROFR really are, or else somebody at Disney was asleep on the job.