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

[JudyTL]

I was approved for HHI 25 points UY February. I cannot remember the price ... was it 72 or 74 ? I cannot remember the how many points are left if any. WOW. So much is going on right now. I am very excited.

 

[bockegg]

I was approved for HHI 25 points UY February. I cannot remember the price ... was it 72 or 74 ? I cannot remember the how many points are left if any. WOW. So much is going on right now. I am very excited.

Great news. Congrats.

We just passed on SSR. 82 per point, 160 points, plus 116 banked points, with an April use year.

Very excited!

 

[BigBahamaDada]

Submitted for RORF consideration on 3/6/07. 50 points at VWL; October use year; all 2006 points available, all 2007 points coming. $91.90 per point. Seller to pay all closing costs and fees. Buyer to pay 2007 dues. Buyer - me - is not currently a DVC member. Very excited to see how this goes.

 

[icydog]

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.

If you didn't have to pay the maintenance fees for the banked '06 points then 100 X $90= $9000 + maintenance fees for 2007 + closing cost = amount $$s for this contract

To find out how much each point cost add 100+ 80 = 180 points

So the answer to your Per point question will be the full contract cost divided by 180 points.

 

[icydog]

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

Which Resort???

 

[senecabeach]

Originally Posted by DJmommy ....
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.

Congratulations!!

...certainly this question should have an answer...BEFORE...you buy !!
forget MF and 1 time extra pts...., did you pay closing??, how much $$?? Is the minimum $400?? Hummmm...are we up to $94. now for 100 pts..

 

[DJmommy]

We were not really worried about how much we paid per point, we were just curious how to figure it out with the extra banked points. We are happy with the deal we got so it doesn't really matter. All of the other 100 point contracts were selling for about 8,500 - 8,600, and some of them didn't have points available until 2008. We like that we will have a little bit of a cushion to bank for some extra nights down the line. We were set on buying 80 - 100 points BWV with an August use year and we jumped when we saw it. We considered buying through Disney but we didn't want to finance and with 150 points we would have had to. So it all is working out for us. We paid a little under $400 for closing costs and from what I understand, Disney charges closing costs too for new members.

Looking forward to being able to plan our first trip as DVC members.

 

[bockegg]

Submitted for RORF consideration on 3/6/07. 50 points at VWL; October use year; all 2006 points available, all 2007 points coming. $91.90 per point. Seller to pay all closing costs and fees. Buyer to pay 2007 dues. Buyer - me - is not currently a DVC member. Very excited to see how this goes.

Which resort are you referring to?

 

[bockegg]

We were not really worried about how much we paid per point, we were just curious how to figure it out with the extra banked points. We are happy with the deal we got so it doesn't really matter. All of the other 100 point contracts were selling for about 8,500 - 8,600, and some of them didn't have points available until 2008. We like that we will have a little bit of a cushion to bank for some extra nights down the line. We were set on buying 80 - 100 points BWV with an August use year and we jumped when we saw it. We considered buying through Disney but we didn't want to finance and with 150 points we would have had to. So it all is working out for us. We paid a little under $400 for closing costs and from what I understand, Disney charges closing costs too for new members.

Looking forward to being able to plan our first trip as DVC members.

Disney does not charge closing costs.

 

[HockeyKat]

Disney certainly *does* charge closing costs for new contracts, in fact, I think they just raised them to $320 for financed, $250 for cash (not sure of the exact number but this is close).

Add-ons to existing contracts have no closing costs.

 

[senecabeach]

DJmommy..

OOpppsss...sorry misunderstood the question.. Hey...

Welcome Home

Disney certainly *does* charge closing costs for new contracts, in fact, I think they just raised them to $320 for financed,

$230 for cash ..increased as of 3/5.

Add-ons to existing contracts have no closing costs.

HocheyKat is correct

 

[BlakeNJ]

DJmommy..

OOpppsss...sorry misunderstood the question.. Hey...

Welcome Home




$230 for cash ..increased as of 3/5.



HocheyKat is correct

Wow, $230 for closing costs--we paid $125 just two months ago. That's some increase!

 

[ChesapeakeTechie]

Looking to buy a resale @ SSR. Probably between 100-120 points. I'd like some advice on what people think would pass ROFR. It seems above $80 or $81 may do it?

Thanks!

 

[Princess Roo]

Looking to buy a resale @ SSR. Probably between 100-120 points. I'd like some advice on what people think would pass ROFR. It seems above $80 or $81 may do it?

Thanks!

Take a look at this site:

I would offer a couple dollars more than that. Disney also looks at how many points are coming with the contract (2006, 2007) and who is paying closing. Rumor is they are exercising ROFR more on people looking to buy for less than 160 points who aren't currently members.

 

[bockegg]

Disney certainly *does* charge closing costs for new contracts, in fact, I think they just raised them to $320 for financed, $250 for cash (not sure of the exact number but this is close).

Add-ons to existing contracts have no closing costs.

I just took the tour of SSR 3 weeks ago and the rep. assured me that there is no closing costs for first time buyers.

 

[ChesapeakeTechie]

I just took the tour of SSR 3 weeks ago and the rep. assured me that there is no closing costs for first time buyers.

We'll be going down at the end of March and will probably be taking the tour. Problem is, if I'm still on the fence and don't want to buy then, will I forefit the $91/pt offer for SSR with a referral?

 

[bockegg]

I just took the tour of SSR 3 weeks ago and the rep. assured me that there is no closing costs for first time buyers.

We'll be going down at the end of March and will probably be taking the tour. Problem is, if I'm still on the fence and don't want to buy then, will I forefit the $91/pt offer for SSR with a referral?

There are some reports out there that the $91 per point has incresaed on 3/5.

 

[HockeyKat]

I just took the tour of SSR 3 weeks ago and the rep. assured me that there is no closing costs for first time buyers.

Either your rep/guide was mistaken, or you are getting some one-time deal? I would call him/her again and ask to have this in writing.

We took the tour in October and there were about $200 costs then for financed, and others have confirmed both the previous and increased costs, so I am confused.

 

[CR88]

Looking to buy a resale @ SSR. Probably between 100-120 points. I'd like some advice on what people think would pass ROFR. It seems above $80 or $81 may do it?

Thanks!

We just purchased 120 points at $83. I was going to offer $82 but was told that Disney is frequently excercising ROFR for anything $82 or less for fewer than 160 points. I didn't want to take a chance so we went $1 over that and passed 2 weeks later. Good luck.

 

[DISNEY FIX]

We just purchased 120 points at $83. I was going to offer $82 but was told that Disney is frequently excercising ROFR for anything $82 or less for fewer than 160 points. I didn't want to take a chance so we went $1 over that and passed 2 weeks later. Good luck.

2 Weeks that's it? GREAT! From Who & What did ya buy?