what is the shortest turn around time for ROFR?

Discussion in 'Purchasing DVC' started by hoops1978, Sep 21, 2013.

  1. hoops1978

    hoops1978 Earning My Ears

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    was just curious what the shortest turn around time is for ROFR. I know they have 30 days but it seems like most cases take up almost 30 days. Do they ever do it quickly?
     
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  3. Discomom703

    Discomom703 Earning My Ears

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    When i purchased my BLT last November... My turn around time was 21 days. I was actually very surprised.. It varies from 21 da:wave2:ys to even 30+ days.
     
  4. rlovew

    rlovew Moderator Moderator

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    If it is a property Disney wants at a really good price I have heard of them taking it in just about a week- the faster it comes back the more likely Disney is to be taking it at this point.
     
  5. DvF Diva

    DvF Diva Mouseketeer

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    Most people I've heard pass ROFR some time in the last (4th) week. The low-down is that they make their decisions on a Monday/Tuesday, so you hear then. So depending on which day you submit your contract, expect to hear about the Monday/Tuesday before your 30 days end (so mid-20s).

    If your contract does not pass, it could be faster. I haven't heard a lot of data points about ROFR'd contract notification time.
     
  6. bookwormde

    bookwormde <font color=darkorchid>Heading out now, another ad

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    Yes there have been postings of as short as 1 week both taken and waived, but it is rare
     
  7. KAT4DISNEY

    KAT4DISNEY Glad to be a test subject

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    I received a verbal ok after 24 hours. The written was approx 4-5 days later. I'd have to look back and verify but I think closing was done 3 weeks after offer but it might have been 4.

    It was unique because DVC had muffed up a foreclosing on the contract so it raised a flag immediately and got a decision immediately.
     

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