Went to ROFR on may 18

[megadancer1221]

my SSR 200 pts contract from fidelity was sent to disney for ROFR on the 18 what are my expectation as far as a wait time until everything is done

 

[DVCconvert]

my SSR 200 pts contract from fidelity was sent to disney for ROFR on the 18 what are my expectation as far as a wait time until everything is done

We don't know what your expectations are unless you tell us!


If I were you, I'd think it was safe to plan on another 2 months untill you're in DVC's system.

HTH

 

[Kidanifan08]

DVC only has 30 days to exercise their ROFR, so you will be through that no later than June 18, and probably sooner. They notify your broker when they make their decision, and your broker should notify you once they hear from DVC. Once that is done, the length of time to close varies by title company. With my first resale purchase, I had the closing docs less than a week after finding out we passed ROFR and the closing took place 5 days after I sent the paperwork and $$ back. It then took about 2 weeks to show up in the system. So you are looking at around 8 weeks from submitting to ROFR to getting into the system.

The wait can be agony, but it is worth it in the end!

 

[shonadamson]

Not to get your hopes up or anything, but we passed ROFR today and it only took 14 days for us. I don't think that is typical though.

 

[megadancer1221]

Just recieved an email that we already passed ROFR

 

[XGrumpy1]

Congrats! 13 days, Wow, even with the holiday weekend in there.

 

[CapeCodFam]

DVC has been backed up with the volume lately. I had 2 contracts sent to ROFR first week of march and just received the checks today from the title company. I think it took about 12 weeks for the whole process.

When I purchased a resale in 2004, it took about 4-6 weeks total.