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

[keliblue]

I just found out I passed ROFR.. WVL, 50 points, Feb UY, 85 a point. I think there was 5 points for the remaining of the year 07.

I am excited. My first add on and I still have not been entered into the system for my first. (Hopefully closing in the next couple of days.)



I am starting to feel like I am in the drivers seat.

Is this like the feeling of gambling goign through ROFR??? Painful and pleasurable. LOL

You go girl !!! your on a roll !!! Congrats !!

 

[bockegg]

Hello:

Disney refused our offer today. Offered $80/point for 130 points coming avail. on 6/1/07 @ SSR. I thought it was a reasonable offer.

 

[Teyedoubleguhrrrr]

So sorry to hear about the refusal (been there). Seems like Disney is exercising ROFR more on the lower offers for SSR lately - maybe as they gear up for AKV? Or is it because of the volume of SSR out there right now?

Find another one and try again. I know it stinks - we were already in "dream planning" mode for our first trip - which will be when I finish my Masters degree - we are doing a BLOWOUT. But then we found something that worked even better for us, had the same amount of points, and worked with the sellers on the closing cost end rather than the price per point end to change the cost per point.

Best of luck to you!

Jen

 

[keliblue]

Hello:

Disney refused our offer today. Offered $80/point for 130 points coming avail. on 6/1/07 @ SSR. I thought it was a reasonable offer.

I am sorry hang in there

 

[michamato]

Sorry you didn't pass. I was suprised we passed because ours was pretty low too, 82 per point, for 150 coming in Feb 07 and Feb 08 with 19 banked points. I really didn't think it would pass.
Try again, I am sure you will be able to get something!!!

 

[calindsey]

Disney exercised their ROFR on our bid of $78/point on 204 points at SSR. Thought it might go through because the seller had borrowed against the points (43 available August 07 and 204 in August 08). Still seeing a lot at 79 and 80 per point...guess we'll keep trying. Is there any difference when bidding on different resorts or does Disney make any distinction?

 

[JudyTL]

Can this be? I was not notified I passed ROFR but was sent the closing documents. I submitted the documents on 2/17 and got closing documents today.

HHI UY February 25 points 1 point in 2007

There does not seem to be a unit number.. is that correct for HHI?

 

[pjshaff]

We got the closing docs in the mail from FedEx (we're selling our small contract and keeping a larger one that we bought during F&F). Going to send them back out overnight tomorrow. I do believe that the docs had the first week of March in there somewhere for the closing.

 

[Copperline]

*dancing all over the house* WE PASSED!!!!!!!!!
We got word yesterday from Jeff at GMAC that our bid on OKW for $75 pp on 164 pts with ALL of 2005 points banked, ALL of 2006 pts avail, ALL of 2007 coming (UY is Oct) PASSED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



We are now the proud owners of 150pts at Beach Club and 164 pts at Old Key West!!!

 

[Brayn28]

210 pts @ $80
206 - 2006 points
all 210 coming in december
passed ROFR

 

[bmoncher]

Can this be? I was not notified I passed ROFR but was sent the closing documents. I submitted the documents on 2/17 and got closing documents today.

HHI UY February 25 points 1 point in 2007

There does not seem to be a unit number.. is that correct for HHI?

Are you sure it is closing documents? Have you already closed on your first purchase?

I passed ROFR just a few days after you and have not closed yet (waiting for papers to come in the mail)

 

[dhluvsDisney]

*dancing all over the house* WE PASSED!!!!!!!!!
We got word yesterday from Jeff at GMAC that our bid on OKW for $75 pp on 164 pts with ALL of 2005 points banked, ALL of 2006 pts avail, ALL of 2007 coming (UY is Oct) PASSED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



We are now the proud owners of 150pts at Beach Club and 164 pts at Old Key West!!!

Congratulations! What a great contract to have passed.

 

[bababear_50]

Thanks to all of you who are posting --I just finished reading ALL of the posts in this thread--great info and so much excitement .I definately think it is a great post for all new people thinking of purchasing direct and resale DVC.

 

[jedspad]

We passed ROFR on 1-24-07 and received our closing papers on 2-20-07. We sent them back the next day. Now we are anxiously awaiting the closing and getting into the system so we can make some trip plans. We have to go somewhere before 10-01-07 and are planning on a trip in early DEC for the whole family. Can't wait.

 

[Surfdoggie]

Found out yesterday that we made it through ROFR. Details were as follows: BCV, April use year, 150 points with 107 banked from 2006, all points from 2007 forward. $93/point. Submitted for ROFR on 2/14, heard on 2/26. Dreaming of Disney reservations!!!!

 

[Monkey Bum]

My sale passed ROFR. Not sure on what day.

I just got word yesterday that my sale was submitted for ROFR

60 OKW (Dec) $87, all '07 pts, buyer pays closing (sub 1/29) - I don't know if it is a member or not buying them

 

[lmb]

Disney bought back our contract for HHI last week. 150 pts, 30 pts for 2007, 66 pp, buyer pays closing and prorated mf for 2007. Thought it might pass b/c there were so few points for 2007. Oh well, we'll try again.

 

[LisaS]

Disney bought back our contract for HHI last week. 150 pts, 30 pts for 2007, 66 pp, buyer pays closing and prorated mf for 2007. Thought it might pass b/c there were so few points for 2007. Oh well, we'll try again.

Disney doesn't seem to care about the number of points available, only the price. Based on our ROFR history, it looks like an offer in the low to mid 70s would pass, if you decide to try again.

 

[MelissaFromRI]

I got an e-mail on 02/26 that Disney waived their right to purchase the package that I wanted to buy.
I bought 150 points at the BCV (218 points coming on 03/01 - 150 + 68 points banked from 2006) for $95 a point.
The whole process has been smooth and quick so far. I can't wait to close and finally be a real DVC member!!!

- Melissa From RI

 

[DJmommy]

Whoo Hoo! The wait is over.

Our 100 point contract for BWV, August use year, with 80 points banked from the 8/01/06 year just passed, at $90 per point. We will pay the maintenance fees for this year.

Can anyone tell me how to figure out the true cost of the contract we just bought? I don't know how to figure the cost when we are getting a contract with extra points but I am sure the true cost must be less than $90 per point.

Thanks to the Timeshare Store, we are on our way to becoming DVC members hopefully in a little over a month.