Almost Ready to take the plunge! Help!

[FindingFigment]

Well, I got an offer accepted today. Just have to pass it by Disney. 142 points. I'll tell the price if it makes it through ROFR.

Thank you for those of you that were supporting me.

Wow, that was fast! Congratulations!

 

[jupers]

I know. I told you I wasn't fooling around. LOL. 142 points. SSR. April Use Year. All 142 coming April 11. Just hope it passes.

 

[Mjasp]

CONGRATULATIONS!!! I hope it passes with no problems

 

[frank808]

I know. I told you I wasn't fooling around. LOL. 142 points. SSR. April Use Year. All 142 coming April 11. Just hope it passes.

Good luck! I really hope it passes. FWIW I to have been trying to buy some points cheap and have had some success. It takes about 10 offers for 1 acceptance. But to save thousands more I think it is well worth my time!

 

[Phambiton]

Jupers,

Don't give up. There are plenty of great deals out there. When I was searching for a low-price contract, I went through the ROFR list (on one of these Disboard threads) and see the price cut-off where Disney will let the contract through. Obviously, if Disney did not exercise it's ROFR on the contact, then it considers the contract to be fairly priced.

Then I would look for contracts in which I think the buyer would be willing to part in the price range I want. In most cases, it's the stripped contract. One or two years of 0 points for a 50-yr contract is nothing. I also don't mind a stripped contract as I will need 11-months to get the home resort advantage for my reservation anyway. In fact, I am waiting for my seller to take his last vacation and we can't close for several months as there is an outstanding reservation.

The first offer I made was for $5/pt under asking. He came back firm with his asking price. I guess some people would say that he felt insulted, but I moved on and immediately found a better contract with better terms and better price (it was $7/pt lower than the first contract). The broker told me that the seller just reduced his price the previous night and I snatched it first thing in the morning. If fact, the asking price was already so low that I gave the seller what he wanted, knowing Disney's ROFR cut-off prices...

Anyway, the contract is in ROFR now and that other contract is still looking for a buyer. Don't be afraid to offer what you think is fair. Timeshare contracts are not designed to be resold on a secondary market. I'm sure Disney's DVC owners are happy that their timeshares are commanding good resale values, but they should not expect to recoup 100% of their inital purchase as there is an inherent deterioration of it's value due to time.

 

[jupers]

Thanks! I am going crazy because I am in ROFR for 2 more weeks, but I'm really thrilled with the deal I got. I'm not being a tease just superstitious that as soon as it passes ROFR I'll post my deal.

The contract has points coming in April but we're not going this year because we already had plans to go to Cali with the inlaws.

Anyway, if it passes next August we're doing a THV with the inlaws and my Mom. Also hoping to sneak in a weekend too.

 

[dbs1228]

Thanks! I am going crazy because I am in ROFR for 2 more weeks, but I'm really thrilled with the deal I got. I'm not being a tease just superstitious that as soon as it passes ROFR I'll post my deal.

The contract has points coming in April but we're not going this year because we already had plans to go to Cali with the inlaws.

Anyway, if it passes next August we're doing a THV with the inlaws and my Mom. Also hoping to sneak in a weekend too.

By your previous post it looks like it was sent to ROFR on or about 2/15 which means, I would think, you should hear any day now. Others have posted going for ROFR at the same time and they heard this past week that they passed.
Good luck