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

[reesecup]

reesecup....thanks for posting that!!! I looked back, and my contract passed ROFR before yours did, so I called the closing co. to see what the "holdup" was, and they emailed my papers to me THREE days ago, but the email got caught in my spam filter!!!!

Really frustrating....but, I can just fax them back to her (since we are financing this one)...and, the seller has not returned theirs yet, either (though the seller has contacted them to say they received them.)

Yea!!! I'm so excited!!! Thanks again!!!

Beca

You're welcome Beca! Mine was in my spam file as well. I was disappointed at first b/k they said it would probably be sent yesterday, but then I went to my spam file and , Voila! There it was.

One question for everyone. Are the closing companies open on Saturdays? I am trying to figure out if it would be worth it to overnight everything or not. I don't really want to wire money b/k our bank's fees are quite expensive, plus I would have to add on the extra $12.

Thanks. I just wanted to find out early this morning before I leave for work.

 

[Cinderpals]

I'm not going to overnight the money. I'm sending a certified check with delivery confirmation. I have other contracts that need to close, and will just miss the start of the 7 month window for my resort by the time I get into the system. I'm going to be in the regular pool for the dates that I want in November. If I were closer to beating the 7 month window, I would overnight!

BTW, I received the closing docs for my second contract today! My agent said that I should hear back on the 3rd contract ROFR anyday now. She's heard back on other contracts this week that were submitted the same time mine was.

 

[JimMIA]

Well, well...imagine that. We actually found a LEGITIMATE seller! And for 20 points more than the sleezy one.

Beca, my dear, you may put us down for the following:

310 OKW (Oct) $73, 149 '04, all '05, submitted 2/25

 

[iankh]

At last! I received the closing documents this morning. I feel like I am finally in the home stretch. So, everything has been signed, check certified, and in DHL. Just in time too! I have a business trip next week and I was concerned that it would arrive while I was out of town and couldn't do anything.

Now, I have to start thinking about the add on again

 

[amyah]

Hi,

First of all, *thank you* Beca for starting this thread! I can't tell you how helpful it has been to read about everyone else's ROFR experience since, with this purchase, we are now new DVC members. If you are still updating the thread, you can add us into the 'Passed' list:

BWV 150 points June UY $78 per point all 150 coming on 6/01/05. Submitted to DVC on February 7th. Notified on February 24th that Disney waived their ROFR.

Now we're waiting on the closing docs. We paid the extra $45 for the priority service as we're trying to get into the system ASAP to book a trip for the first week in October.

After seeing other people's contracts I know we didn't get the best deal out there (it would have been nice to find a contract with points rolling from 2004), but we're ecstatic to finally be a part of DVC and we can't wait to take our first trip!

Thanks again!
Amy

 

[JimMIA]

Hi,

First of all, *thank you* Beca for starting this thread! I can't tell you how helpful it has been to read about everyone else's ROFR experience since, with this purchase, we are now new DVC members. If you are still updating the thread, you can add us into the 'Passed' list:

BWV 150 points June UY $78 per point all 150 coming on 6/01/05. Submitted to DVC on February 7th. Notified on February 24th that Disney waived their ROFR.

Now we're waiting on the closing docs. We paid the extra $45 for the priority service as we're trying to get into the system ASAP to book a trip for the first week in October.

After seeing other people's contracts I know we didn't get the best deal out there (it would have been nice to find a contract with points rolling from 2004), but we're ecstatic to finally be a part of DVC and we can't wait to take our first trip!

Thanks again!
Amy

Congratulations Amy,

You got a GREAT contract!

You got the number of points you wanted, at a price you were happy to pay, at the resort you wanted to own, and you passed ROFR. We can get as frantic as we want with all of the minutae of these deals, but whatever points are loaded into a contract go away very quickly. You'll own what you bought for a long time. You got a GREAT contract!

 

[monami7]

50 pts HHI march use month, all '05 pts as of 3/1

 

[Beca]

amyah...You're welcome!! I am glad you found this thread useful...that is what I hoped it would do for people (besides, giving people a place to vent). And, remember....the best deal on a contract is the one that has your name on it!!!

monami7 - Could you also post the price you paid, and the day it went to ROFR? Thanks.

JimMIA...congrats on your new contract!!!

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)
Magicalfun - 80 BCV (Oct) $88 all '03, '04, '05 (pass 2/21)
Scotch - 140 OKW (Oct) $70 all'05 (Sub 2/8, pass 2/21)
amyah - 150 BWV (Jun) $78 all '05 (Sub 2/7, pass 2/24)

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)
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)
JimMIA - 310 OKW (Oct) $73, 149 '04, all '05, (sub 2/25)

 

[disgirl]

amyah: Congrats on your contract. Have fun planning your trips!!

Patty

 

[monami7]

sorry we paid $75 pp which seems high but we did not know any better, and we really want this to work so we can get out ressies in for the first week of october. Also we went to ROFR on 2/23. So we are just starting the wait. I am a very impatient person.

 

[DizWacko]

Agreed with seller on a 120point BCV contract. There are 75 2004 points included, and all of 2005, December UY. I am paying $84 per point. Please go ahead and put me on the waiting list for ROFR ... and cross fingers

 

[tpclady]

Wow! Disney bought back at $75 a point! We purchased a Wilderness resale thru TSS in 2001 for $67 a point. I guess we should condsider ourselves blessed, it was the easiest purchase I have ever made.

 

[iankh]

Another week is soon to begin. I am hoping that this week will wrap-up closing on my 200 pts VWL.

Also, this week should bring good news for many others here.

 

[RWinNOLA]

I just submitted paperwork for 150 pts at BWV (March). All 2005 points available. No banked or borrowed points.

Crossing my fingers that all goes through.

 

[JimMIA]

FWIW - because others said they didn't think some of the closing companies were starting their process until after ROFR approval - I just received the initial closing documents this morning from Timeshare Closing Services, despite the fact that we only went to ROFR last Friday.

Not the full package, of course, but the preliminary docs to begin preparing the package.

 

[travelin' tigger]

I'm new at this so let me know if you need anything else.

50 OKW (Oct.) $78/pt.
No points remain for '05, but all 50 can be borrowed on 10/1/05.
Submitted 2/25.

 

[Beca]

Hi Everyone!! Let's hope we hear a lot of news this week. The board hasn't seen much movement lately. Just an FYI, I am going to pull all of Jan stats off soon. I think 1 month's worth of ROFR's is about all we need to keep on the list...it is just getting so long!!!

RWinNola - how much per point?

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)
Magicalfun - 80 BCV (Oct) $88 all '03, '04, '05 (pass 2/21)
Scotch - 140 OKW (Oct) $70 all'05 (Sub 2/8, pass 2/21)
amyah - 150 BWV (Jun) $78 all '05 (Sub 2/7, pass 2/24)

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)
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)
JimMIA - 310 OKW (Oct) $73, 149 '04, all '05, (sub 2/25)
monami7 - 50 HH (Mar) $75, all '05 (sub 2/25)
travelin' tigger - 50 OKW (Oct.) $78/pt. No '05, (sub 2/25)
DizWacko - 120 BCV (Dec) $84 75 '04, all '05 (sub 2/26)
RWinNola - 150 BWV (Mar) '05

 

[WithDisneySpirit]

Beca, I am going to post this for my Mom and Dad. At the moment they are just lurking although my Mom does have a username. Her name is HONI on the Disboards because I was able to send her a PM

They have just had their OKW contract accepted by Disney. The stats are OKW - 230 pt contract at $75 per point with 230 banked from 04' and 230 coming in 05' I told them this was a great contract with all the banked points!!! Please post this under the name HONI. I am soooo excited that my parents are joining DVC

Thanks.

PS Oh, and it was submitted on Feb 17

 

[Beca]

Beca, I am going to post this for my Mom and Dad. At the moment they are just lurking although my Mom does have a username. Her name is HONI on the Disboards because I was able to send her a PM

They have just had their OKW contract accepted by Disney. The stats are OKW - 230 pt contract at $75 per point with 230 banked from 04' and 230 coming in 05' I told them this was a great contract with all the banked points!!! Please post this under the name HONI. I am soooo excited that my parents are joining DVC

Thanks.

PS Oh, and it was submitted on Feb 17

Lisa,

I will be happy to post this, but what does "accepted by Disney" mean? Does that mean they are thru the ROFR process, or did they just submit to ROFR on 2/17, but they have not heard back yet?



Beca

 

[Lesli54]

This has probably been asked somewhere before, but I will ask anyway. I am new to the boards and have been reading some of this thread (although very lengthy) and have come to understand that ROFR has something to do with purchasing of resale contracts. Is this correct?

What exactly does the acronym ROFR mean?

Also, could someone explain this process to me so that I am clear on how it works? Thanks in advance.