Anyone made it through (or not made it through) ROFR recently? - Section I

[iankh]

I wonder for any of the others who have passed ROFR (and are still following this thread) how far have you gotten with closing? Me - I'm in a waiting to hear something mode.

I have a business trip next week, my luck, everything will start to happen when I'm out of town, and can't do anything.

 

[Cinderpals]

I'm waiting to close on my 1st contract, waiting for closing papers for my second, and haven't heard back about ROFR on the third. The closing papers said that it could take up to 60 days after closing for Disney to put us into the system. I hope that it's much faster than that! I should be hearing back about the third contract any day now. Will post what I find out as usual!

 

[reesecup]

iankh,

I'm right there with you; we passed on the same day. Let's cross our fingers we happen to get our closing papers this week.

 

[TinkTatoo]

We made an offer on our first contract 26th December and closed 16th February - we are still not in Disney's system yet. We made our second offer on 21st January, we have passed ROFR but heard nothing on closing yet.

 

[Beca]

jnrrt....got ya!! Good luck, and since you are "changing" your price, let me officially welcome you to the "paranoid waiter's club"!!!

Cinderpals...I cannot believe they tell you it can take 60 days to get into DVC's system. The LONGEST I have ever waited is two weeks (and, I was calling everyday!!)...Hey, now that I think about it....maybe THAT'S the trick!!!

iankh....you're going out of town next week?!! Yeah....the papers will come next week for sure!!


Well, it's Tuesday...let's hope we hear some good news today!!!

Here's the update:

PASSED:
Bobbiwoz - 50 VWL $77 all '05 points intact (mid-Jan)
leise - 100 OKW $76 (1/19, in less than 10 days)
Amanda C - 70 HHI $70 all '05 points intact (mid-Jan)
Scotch - 1) 160 BCV(Apr) $78 4 '04, and all '05(sub. beg of Jan, passed 1/21)
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - 130 OKW $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)
TinkTatoo - 78 OKW $73 (June) all '05 (sub. early Jan, passed in 1 wk)
Tink10 - 25 BWV (Aug) $78 all '05 (sub 1/14, passed on 2/2)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12, passed 2/2)
Daname - 160 BWV $78 with banked 2004 (sub.1/21, passed 2/3)
happyatdisney - 150 HH $71(Dec) 131 '03 all 04 & 05 (passed 2/3)
Blue&Gold - 350 BWV (Dec) $78 '04 &'05 (sub. appx. 1/18, pass 2/3)
Cinderpals - 200 BWV $77 '04 pts, all '05 pts (went to DVC on 1/21, pass2/4)
Beca - 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/24, pass 2/4)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20, pass 2/4)
N&B'smom - VWL $77 (pass 2/4)
ScottLea94 - 205 HH $70 62 '04 all '05 (sub 1/21, pass 2/4)
NYsHiddenMickey - 150 BWV (Dec) $78 255 banked '03 & '04, all '05 (sub1/27, pass 2/9)
Cinderpals - 350 BCV (Mar) $81 21banked '04, all '05 (sub 1/21, pass 2/9)
DisZip - 150 VWL (Feb) $78 92 banked from '04 & all '05 (pass 2/9)
Iankh - 200 VWL (Aug) $76 55 banked from '04 & 181 of '05 (sub, 1/28 pass 2/9)
reesecup - 150 BWV $80 75 '03, all '04 & '05 (sub. appx. 1/26, pass 2/9)
Disneyrsh - 350 VWL (Apr) $75 (sub. appx 1/17, pass 2/9)
DVCforMe - 360 VWL (Aug)$76 144 '04 , all '05 (pass 2/9)
Tink Tatoo - 150 OKW (June) $74 150 banked '04, all '05 points(sub 2/7, pass 2/14)
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17, pass 2/14)
mcorbo - 200 VWL (Oct) $80 18 '03, all '04 , all '05 (sent 02/02, pass 2/14)
minnie33 - 200 VWL (April) $79 (sub 2/1, pass 2/15)
jbhaupt - 150 BWV (Oct) $76 all '05 (sub2/1, pass 2/16)
LauraLea - 80 VWL (Mar) $79 all 05 (sub appx. 2/8, pass 2/18)


ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
kepps73 - BWV $77 ROFR'd 1/31(sorry, don't know anymore than that right now)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03, ROFR'd on 1/31)
disgirl - 50 BCV $78 (Apr) no points 'til '06 (sub1/24, ROFR'd 2/10)
Scott H - 150 HH $69 no points till '06 (sub. appx. 1/19, ROFR'd 2/18)

WAITING:
JoeEpcotRocks - 150 BWV (Mar) $78 all '05 (sent 2/7)
Magicalfun - 80 BCV (Oct) $88 all '03, '04, '05
Scotch - 140 OKW (Oct) $70 all'05 (Sub 2/8)
Cinderpals - 200 BWV (Oct) $77 all '04 & '05 (Sub 2/11)
DisneyRose - 150 VWL (Sep) $80 all '04 '05 (Sub 2/14)
jjnv - 216 OKW $74 (Dec) all 04 banked,all '05 (sub 2/14)
Al D - 200 BWV $80 all '04 & '05 (sub appx. 2/8)
Al D - 306 BWV $80 (Dce)186 '03, all 04 and 05 (sub 2/15)
Stitch 03 - 60 OKW $75 (June) all '05 (sub appx 2/16)
Beca - 220 BCV (Aug) $83 no points 'til '06 (sub 2/17)
Magicalfun - 100 BCV (Aug) $83.50 no points 'til '06 (sub 2/17)
Colorado Belle - 170 BWV $80.5 all '04 '05 (seller pays some '05 MF) (sub 2/18)
Scott H - 200 HH $70 all '05 (sub 2/22?)
Amyup - 100 SSR (Dec) $80 all '04 and '05 (sub 2/22)
jnrrt - 175 BWV (Jun) $78 51 '04 and all '05 (sub 2/23)

 

[cruise-o-matic]

Wow, what strikes me is not all the BCV's and BWV's they ROFR'd. It's a stripped HH for $69, while letting those with 04 points pass at $70.

I take it no one is buying any VB. I'm curious to see the ROFR threshhold on VB points.

 

[LauraLea]

Beca add us again..........

This time BWV, 90 points, Oct UY, 147 04 and 05 points left, $76/point.

Maybe too low to pass ROFR, but we'll see.

Laura

 

[Beca]

LaurLea - Congrats!!! Looks like you've got a case of "addonitis" too. Hmmm....I wonder if something in this thread is contagious??

PASSED:
Bobbiwoz - 50 VWL $77 all '05 points intact (mid-Jan)
leise - 100 OKW $76 (1/19, in less than 10 days)
Amanda C - 70 HHI $70 all '05 points intact (mid-Jan)
Scotch - 1) 160 BCV(Apr) $78 4 '04, and all '05(sub. beg of Jan, passed 1/21)
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - 130 OKW $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)
TinkTatoo - 78 OKW $73 (June) all '05 (sub. early Jan, passed in 1 wk)
Tink10 - 25 BWV (Aug) $78 all '05 (sub 1/14, passed on 2/2)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12, passed 2/2)
Daname - 160 BWV $78 with banked 2004 (sub.1/21, passed 2/3)
happyatdisney - 150 HH $71(Dec) 131 '03 all 04 & 05 (passed 2/3)
Blue&Gold - 350 BWV (Dec) $78 '04 &'05 (sub. appx. 1/18, pass 2/3)
Cinderpals - 200 BWV $77 '04 pts, all '05 pts (went to DVC on 1/21, pass2/4)
Beca - 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/24, pass 2/4)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20, pass 2/4)
N&B'smom - VWL $77 (pass 2/4)
ScottLea94 - 205 HH $70 62 '04 all '05 (sub 1/21, pass 2/4)
NYsHiddenMickey - 150 BWV (Dec) $78 255 banked '03 & '04, all '05 (sub1/27, pass 2/9)
Cinderpals - 350 BCV (Mar) $81 21banked '04, all '05 (sub 1/21, pass 2/9)
DisZip - 150 VWL (Feb) $78 92 banked from '04 & all '05 (pass 2/9)
Iankh - 200 VWL (Aug) $76 55 banked from '04 & 181 of '05 (sub, 1/28 pass 2/9)
reesecup - 150 BWV $80 75 '03, all '04 & '05 (sub. appx. 1/26, pass 2/9)
Disneyrsh - 350 VWL (Apr) $75 (sub. appx 1/17, pass 2/9)
DVCforMe - 360 VWL (Aug)$76 144 '04 , all '05 (pass 2/9)
Tink Tatoo - 150 OKW (June) $74 150 banked '04, all '05 points(sub 2/7, pass 2/14)
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17, pass 2/14)
mcorbo - 200 VWL (Oct) $80 18 '03, all '04 , all '05 (sent 02/02, pass 2/14)
minnie33 - 200 VWL (April) $79 (sub 2/1, pass 2/15)
jbhaupt - 150 BWV (Oct) $76 all '05 (sub2/1, pass 2/16)
LauraLea - 80 VWL (Mar) $79 all 05 (sub appx. 2/8, pass 2/18)


ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
kepps73 - BWV $77 ROFR'd 1/31(sorry, don't know anymore than that right now)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03, ROFR'd on 1/31)
disgirl - 50 BCV $78 (Apr) no points 'til '06 (sub1/24, ROFR'd 2/10)
Scott H - 150 HH $69 no points till '06 (sub. appx. 1/19, ROFR'd 2/18)

WAITING:
JoeEpcotRocks - 150 BWV (Mar) $78 all '05 (sent 2/7)
Magicalfun - 80 BCV (Oct) $88 all '03, '04, '05
Scotch - 140 OKW (Oct) $70 all'05 (Sub 2/8)
Cinderpals - 200 BWV (Oct) $77 all '04 & '05 (Sub 2/11)
DisneyRose - 150 VWL (Sep) $80 all '04 '05 (Sub 2/14)
jjnv - 216 OKW $74 (Dec) all 04 banked,all '05 (sub 2/14)
Al D - 200 BWV $80 all '04 & '05 (sub appx. 2/8)
Al D - 306 BWV $80 (Dce)186 '03, all 04 and 05 (sub 2/15)
Stitch 03 - 60 OKW $75 (June) all '05 (sub appx 2/16)
Beca - 220 BCV (Aug) $83 no points 'til '06 (sub 2/17)
Magicalfun - 100 BCV (Aug) $83.50 no points 'til '06 (sub 2/17)
Colorado Belle - 170 BWV $80.5 all '04 '05 (seller pays some '05 MF) (sub 2/18)
Scott H - 200 HH $70 all '05 (sub 2/22?)
Amyup - 100 SSR (Dec) $80 all '04 and '05 (sub 2/22)
LauraLea - 90 BWV (Oct) $76 147 04, all 05 (sub 2/22)
jnrrt - 175 BWV (Jun) $78 51 '04 and all '05 (sub 2/23)

 

[MagicalFun]

I just heard that we passed on our BCV 80 point contract. It was submitted on Feb. 8. This is our first contract with DVC and I am so excited! Now, we are waiting on our other BCV contract to pass. I think I am getting "addonitis" too from this thread. It is contagious, Beca!

 

[Beca]

I just heard that we passed on our BCV 80 point contract. It was submitted on Feb. 8. This is our first contract with DVC and I am so excited! Now, we are waiting on our other BCV contract to pass. I think I am getting "addonitis" too from this thread. It is contagious, Beca!

Yea!!! I am SOOOOOO excited for you!!! Congrats BCV owner!!!!

PASSED:
Bobbiwoz - 50 VWL $77 all '05 points intact (mid-Jan)
leise - 100 OKW $76 (1/19, in less than 10 days)
Amanda C - 70 HHI $70 all '05 points intact (mid-Jan)
Scotch - 1) 160 BCV(Apr) $78 4 '04, and all '05(sub. beg of Jan, passed 1/21)
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - 130 OKW $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)
TinkTatoo - 78 OKW $73 (June) all '05 (sub. early Jan, passed in 1 wk)
Tink10 - 25 BWV (Aug) $78 all '05 (sub 1/14, passed on 2/2)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12, passed 2/2)
Daname - 160 BWV $78 with banked 2004 (sub.1/21, passed 2/3)
happyatdisney - 150 HH $71(Dec) 131 '03 all 04 & 05 (passed 2/3)
Blue&Gold - 350 BWV (Dec) $78 '04 &'05 (sub. appx. 1/18, pass 2/3)
Cinderpals - 200 BWV $77 '04 pts, all '05 pts (went to DVC on 1/21, pass2/4)
Beca - 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/24, pass 2/4)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20, pass 2/4)
N&B'smom - VWL $77 (pass 2/4)
ScottLea94 - 205 HH $70 62 '04 all '05 (sub 1/21, pass 2/4)
NYsHiddenMickey - 150 BWV (Dec) $78 255 banked '03 & '04, all '05 (sub1/27, pass 2/9)
Cinderpals - 350 BCV (Mar) $81 21banked '04, all '05 (sub 1/21, pass 2/9)
DisZip - 150 VWL (Feb) $78 92 banked from '04 & all '05 (pass 2/9)
Iankh - 200 VWL (Aug) $76 55 banked from '04 & 181 of '05 (sub, 1/28 pass 2/9)
reesecup - 150 BWV $80 75 '03, all '04 & '05 (sub. appx. 1/26, pass 2/9)
Disneyrsh - 350 VWL (Apr) $75 (sub. appx 1/17, pass 2/9)
DVCforMe - 360 VWL (Aug)$76 144 '04 , all '05 (pass 2/9)
Tink Tatoo - 150 OKW (June) $74 150 banked '04, all '05 points(sub 2/7, pass 2/14)
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17, pass 2/14)
mcorbo - 200 VWL (Oct) $80 18 '03, all '04 , all '05 (sent 02/02, pass 2/14)
minnie33 - 200 VWL (April) $79 (sub 2/1, pass 2/15)
jbhaupt - 150 BWV (Oct) $76 all '05 (sub2/1, pass 2/16)
LauraLea - 80 VWL (Mar) $79 all 05 (sub appx. 2/8, pass 2/18)
Magicalfun - 80 BCV (Oct) $88 all '03, '04, '05 (pass 2/21)


ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
kepps73 - BWV $77 ROFR'd 1/31(sorry, don't know anymore than that right now)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03, ROFR'd on 1/31)
disgirl - 50 BCV $78 (Apr) no points 'til '06 (sub1/24, ROFR'd 2/10)
Scott H - 150 HH $69 no points till '06 (sub. appx. 1/19, ROFR'd 2/18)

WAITING:
JoeEpcotRocks - 150 BWV (Mar) $78 all '05 (sent 2/7)
Scotch - 140 OKW (Oct) $70 all'05 (Sub 2/8)
Cinderpals - 200 BWV (Oct) $77 all '04 & '05 (Sub 2/11)
DisneyRose - 150 VWL (Sep) $80 all '04 '05 (Sub 2/14)
jjnv - 216 OKW $74 (Dec) all 04 banked,all '05 (sub 2/14)
Al D - 200 BWV $80 all '04 & '05 (sub appx. 2/8)
Al D - 306 BWV $80 (Dce)186 '03, all 04 and 05 (sub 2/15)
Stitch 03 - 60 OKW $75 (June) all '05 (sub appx 2/16)
Beca - 220 BCV (Aug) $83 no points 'til '06 (sub 2/17)
Magicalfun - 100 BCV (Aug) $83.50 no points 'til '06 (sub 2/17)
Colorado Belle - 170 BWV $80.5 all '04 '05 (seller pays some '05 MF) (sub 2/18)
Scott H - 200 HH $70 all '05 (sub 2/22?)
Amyup - 100 SSR (Dec) $80 all '04 and '05 (sub 2/22)
LauraLea - 90 BWV (Oct) $76 147 04, all 05 (sub 2/22)
jnrrt - 175 BWV (Jun) $78 51 '04 and all '05 (sub 2/23)

 

[disgirl]

Congrats MagicalFun!! That is great news for you!!

 

[Cinderpals]

Congratulations Magicalfun! What a 'killer' BCV contract**

 

[Daname]

IANKH,

We passed Disney on 2/3, rec'vd (e-mail) papers 2/21 and fedex our signed contract with full balance today. Paper work states may take 8-10 weeks before we are in Disney system.
Good luck everyone on ROFR
see ya at Disney
dd

 

[reesecup]

8 to 10 weeks, are you serious? I'm going to be very disappointed if it takes that long.
How long has it taken in the past you guys that have been there, done that?? I'm all new to this as you can tell.

 

[tinksgirl]

We got the word yesterday we passed on 200 points plus 200 banked
Vero Beach contract It hasnt really sunk in that we
are finally members

 

[iankh]

I was looking to add on points, but nothing can happen until Disney has the papers. I was told that it would take about 3 weeks to close.

Buying a resale is quite a long process;

• ROFR review - averaging about 18 days (stated 30 days)
• Closing - about 3 weeks
• In the system - 7 to 10 weeks

It looks like the process end to end is between 12 and 17 weeks from contract to membership.

 

[bobbiwoz]

Welcome home tinksgirl, VB neighbor!

Bobbi

 

[JimMIA]

I just got off the phone with TSS and was told that we will be "in the system" within 7 days after closing. They tell me the delay is with ROFR, but once that goes through, if the buyer and seller both handle the paperwork promptly, there should be no big delays.

Does anyone have any actual experience that is different than that? I can understand all kinds of hedging phrases in the paperwork to protect them if things don't go smoothly. I can also understand that there might be a difference between being able to use your ownership, and being fully "in the system," whatever that means.

I'd love to hear some actual experiences of the time lag between closing and being able to make reservations.

TIA

 

[Beca]

I just got off the phone with TSS and was told that we will be "in the system" within 7 days after closing. They tell me the delay is with ROFR, but once that goes through, if the buyer and seller both handle the paperwork promptly, there should be no big delays.

Does anyone have any actual experience that is different than that? I can understand all kinds of hedging phrases in the paperwork to protect them if things don't go smoothly. I can also understand that there might be a difference between being able to use your ownership, and being fully "in the system," whatever that means.

I'd love to hear some actual experiences of the time lag between closing and being able to make reservations.

TIA

Hi Jim,

I have been in the system in as little as TWO days from the day I closed, to as far out as 2 weeks. The big hold up now (in spite of what TTS told you) is how long it is taking to get closing papers. I usually have received my closing papers on the DAY I found out I passed ROFR!!!

Now, I passed ROFR almost two weeks ago, and I STILL do not have papers in my hand!!! TTS cannot blame DVC for these delays, the delays we are all experiencing are TCS (and others) drawing up the closing papers. IMO, they used to to all the "title searching" and physical "drawing up" of the papers BEFORE ROFR went thru. Now that so many properties are being ROFR'd, I think they are waiting until you pass ROFR to do the work.

I have purchased two resale contracts previously, and start time (placing an offer) to the time I was in the system was less than 30 days. Now, it is taking much longer.



Beca

P.S. There is NO difference between being "in the system" and being able to use your membership. Once your name is "in the system" (the computer system, that is) you have TOTAL membership.

 

[JimMIA]

Beca,

With regard to our PM, I can only assume that the resale company had a serious, heart-to-heart discussion with the seller about the ethics of reneging on a full-price contract. I assume that THIS contract is offered in good faith by both the seller and resale company...but I won't be bidding on it.

I guess the watchword is, and will remain, "Caveat Emptor."