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

[poohbear7]

Congratulations Welcome Home

 

[calypso*a*go-go]

I'm curious about something and already posted on another thread...but what I'm wondering is whether contracts make it through ROFR more if the buyers live in a state DVC is not registered to sell in. For those of you that were very surprised your contract didn't get ROFR'd, can you please post and say whether or not you think your state of residence helped. Thanks!

(I live in WA and think it definitely helped us last April)

 

[dsneygirl]

Still waiting. We're on Day 28. Jason from TSS said we should hear something by the end of the week. We were beginning to think DVC had forgotten about us.

 

[Beca]

PASSED:
Beca (seller) - 210 BWV (Sept) $69 60 '05 (sub 3/1, pass 4/1)
champagne27 - 200 BWV $78, 188 37 '04, all '05 (sub 3/11, pass 4/4)
KANSAS - 200 BWV(Aug) $78 all '04 & '05 (sub appx 3/12, pass 4/4)
AnnMorin (seller) - 190 VB (Dec) $58.42 13 '04, all '05 (sub 3/21, pass 4/4)
Oz-Ma - 100 BCV (Oct) $85 04 and 05 points (sub 3/11, pass 4/4)
justjudy - 230 OKW (Jun) $79 209 banked '04, all '05 (don't know dates)
Northern Lights - 160 BCV (aug), $85, 42 banked '04, all '05 (sub 3/10, pass 4/8)
Beca - 100 BCV (Aug) $83.50, 2 '05 points, (sub 3/25, pass 4/8)
dizhoni - 100 OKW (Jun) $74 all 05 (sub 3/21,pass 4/7)
soxfans45 - 200 BWV (Jun) $80 67 '04, all '05 (sub 3/21, pass 4/11)
Scratch42 - 200 BCV (Dec) $82....THANK GOODNESS!!!!!!
supernurse99 - 190 OKW (Aug) $73 3 '04 banked, all '05 (sub 4/2,pass 4/19)
winniedapooh - 52 OKW (Aug) $76 (52 for both 2003/04 banked=104 use by 8/1/05) (sub 4/1) pass 4/22
NJOYURLIFE - 50 OKW (Oct) $75 38 '03 (banked) (sub 4/6), pass 4/22
DVCforMe - 150 VWL (Dec) $78 31 '03 (banked) all '04 (sub 4/1) pass 4/22
keishashadow - 58 VWL (Oct) $82 all '04 (banked) all '05 (sub 4/4 pass 4/22)
RayJay - 100 BWV (Jun) $78 47 banked, all 05 (sub 04/01 pass 4/22)
aussiemickeys - 150 SSR (Feb) $83 all '05 (sub 3/16, pass 4/22)
disneymiss - 100 VWL (Dec) $79, all '04 (banked), all '05 (sub 4/4, pass 4/22)
mommary - 300 VWL (Dec) $80 289 '04 (banked), all '05 (pass 4/22)
wbcincy - 155 BWV(Feb) $79 all '05 points (sub appx 3/30, pass 2/25)
depilot - 240 BCV(Feb) $79.17 (pass appx. 4/14)
MaryAnnBaum - 400 SSR (Dec) $84 (all '03) all '04 banked to '05 (sub 4/14, pass 5/9)
utahkennedys - 25 OKW (Feb) $78 10 banked, all '05 (sub 4/28, pass 5/9)
isyt - 400 VWL (Aug) $78 400 banked (sub 4/20,pass 5/9)
Mgrebenc - 150 HH (Oct) $72 no banked all '05 (sub 4/21, pass 5/9)
JeanJoe - 150 BWV (Jun) $78 all '05 Seller pays closing (sub 4/21, pass 5/9)
jelloatdisney - 150 BCV $85 all 04 banked plus all '05 (sub 4/20, pass 5/9)
JoeEpcotRocks - 100 BWV (Apr) $80all '05 (sub 5/4, pass 5/11)
Joni - 300 OKW $75 (sub 5/1, pass5/12)
tamar - 150 OKW (Dec) $76 52 banked '03, all '04 & '05 (pass 5/11)
Sugahbaby - 300 BCV $83 200 banked '04, all '05 (sub 4/28, pass 5/13)
Poorman(seller) - 500 BWV (Dec) $77 37 '04, all '05 (pass 5/13)
JeanJoe - 100 BWV (Sep) $80 9 banked '03, 100 banked '04, all '05, (sub 5/2, pass 5/13)
beagle744 - 150 VWL (Dec) $79 4 '03, all '04 &'05 (sub 4/25, pass 5/13)
awatt - 150 BWV (Apr) $78 no closing costs submitted 4/12 (sub 4/12, pass 5/13)
iwannabeinwdw - 213 SSR (Mar) $79, all '05 (sub 4/21?, pass5/13)
tarpat1 - 150 VB (Feb) $67 (sub 5/2, pass 5/15)
Simba's Mom - 210 OKW (Aug) $78 all '05 (sub 5/2, pass 5/25)
bavaria - 50 OKW (Feb) $78 all '05 (sub 5/6)
DVCconvert - 50 BWV (Oct) $83 no points 'till 06 (sub 5/12)
stingmom-50 OKW (Feb) $78, (sub 5/6)
JandD Mom - 290 BWV (Sep) $80 15 '04, all '05. seller to pay all 2005 MF
(sub 5/4)
andriade - 230 OKW (Apr) $76 29 banked '04 all '05. seller is paying all closing cost. (sub appx 5/16, pass6/9)
Three Tiggers - 150 BWV(Dec) $80 21 banked '03, all banked '04, all '05 (sub 4/18, pass 5/11)
mugglemomof3 - 222 BWV $78.50 111 banked from '04, all '05 (Seller pays $200 transfer fee and $300 towards closing costs) (Sub 5/10, pass 6/1)
donnac48 - 150 BWV(Jun) $80 all '05 (sub 5/20, pass 6/8)
Aneille - 210 BWV (Dec) $82 All 03,04,05 pts. (buyer pd mn fee)(sub 3/17, pass 4/6)
RayJay - 100 BWV (Dec) $81 all 04 banked, all 05 (sub 5/16, pass 6/10)
Beca(seller) - 65 OKW (Aug) $78 65 banked '04, no '05 (buyer pays MN from closing fwd) (sub 5/24, pass 6/10)
Colmenares3 - 80 BWV 76 banked (sub 5/24, pass 6/13)
goldilocks 63 - 110 BCV (Oct) $83 all coming 10/06 (sub 5/27, pass 6/14)



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)
soxfans45 - 180 BWV $78 (Apr) 163 '05 (sub, 2/28, ROFR'd 3/21)
colmenares - 100 BWV (Jun) $80 all '05 (sub 3/14, ROFR'd 4/6)
Lauralea - 150 VWL (Dec) $70 5 '04, 13 '05 pts (sub 3/14, ROFR'd 4/13)
Lauralea - 150 BWV, (June) $70 '04, 05, ( sub 3/24, ROFR'd 4/18)
Mgrebenc - 230 OKW, (Sept) $70 all '05 (ROFR'd 4/18)
JoeEpcotRocks - 150 BWV(Feb) $76 no points 'til '06 (sub 3/30 ROFR'd 4/22)
SpoonfulofSugar - 150 BCV (Feb) $77 (submitted 4/8, ROFR'd 4/28)
timmykayla - 210 BWV (Apr) $77 no points 'till '06 (sub 4/15, ROFR'd 5/4)
DVCconvert - 100 BWV (Sep) $72 36 borrowed (exp 8/31), no '05 (ROFR'd 5/19)
disfountainofyouth - 150HH (Aug) $66 no points til '06 (sub 5/10, ROFR'd 6/6)
auntsue - 350 BWV (Jun) $76, no points until 06 (sub 5/12, ROFR'd 6/13)
hooksenemy (seller) - 220 BWV $78 11 '05, (sub 5/12, ROFR'd 6/13)
jiggerj - 230 OKW (Sept)$75 84 banked '04 all '05 (sub 5/18, ROFR'd 6/14)
DVCconvert - BWV 230 (Sept) $77 19 '05 (sub 5/19, ROFR'd 6/16)

WAITING:
tigger002 - 150 BCV (Oct) $85 120 '04 (banked), all '05. Buyer pays MN on banked and current points, and $200 transfer fee. Seller pays closing costs.
mouseclick1 - 100 HH (Mar) $68 no pts. till '06 - seller pays closing cost
nanamarge(seller) - 150 SSR (Jun) all '05 (sub 5/24)
dsneygirl - 170 VWL (Aug) $77 160 '04
hmmerr02 - SSR $80 '04 bank, all '05 pts. (buyer paying closing and selling paying maintenance fees)
disfountainofyouth - 150 HH (Jun) $74 120pts '05, seller paying closing and maint fee
poohgirl - 210 SSR (Feb) $82 30 '04, all '05 (sub 6/2)
tigger002 - BWV 210 (Feb) $78 160 pt collection holding, 147 banked and all '06 (Sub 6/06)

 

[JeanJoe]

Still waiting. We're on Day 28. Jason from TSS said we should hear something by the end of the week. We were beginning to think DVC had forgotten about us.

Just hope they *have* forgotten about you Isn't there a time limit beyond which they've automatically waived their right?

 

[dsneygirl]

Just hope they *have* forgotten about you Isn't there a time limit beyond which they've automatically waived their right?

DH and I were just discussing this last night but I don't know for sure.

 

[JimMIA]

DH and I were just discussing this last night but I don't know for sure.

I think they are supposed to give you an answer within 30 days, but are not really bound by that. I'm pretty sure there is no automatic waiver of ROFR.

 

[TinkTatoo]

I've been watching this thread since we bought our own OKW contracts earlier this year and was surprised to see jiggerj ROFR for 230 OKW (Sept)$75. previously OKW was getting through for that price and ROFR at $70 or below.

Do you think they are increasing the ROFR threshold in view of the price increase a few days ago??

 

[jiggerj]

I've been watching this thread since we bought our own OKW contracts earlier this year and was surprised to see jiggerj ROFR for 230 OKW (Sept)$75. previously OKW was getting through for that price and ROFR at $70 or below.

Do you think they are increasing the ROFR threshold in view of the price increase a few days ago??

I think I might have an answer to why I was ROFR. My own fault though as I was really worried that I wouldn't have an answer for the ROFR in time to get in on SSR before the price increase. I put down a deposit with Disney to buy SSR direct before the price increase and ALOT (not sure how many) days after I was submitted into Disney for ROFR. Well I ended up getting ROFRed a few days later. I called my guide and told her that I would have loved BWV instead of SSR. We vaca in May for the Flower and Garden Festival so Boardwalk with the window REALLY appealed to me. She was able to offer me 2 contracts one for 150 and one for 60 to give me the 210 that I wanted with a Use year that I was very happy with. Unfortunately I did not have the patience for a first time buy with a resale but that doesn't mean I wont with add ons! I hope this was able to help someone and not upset anyone. The timing was terrible as was my anxious nerves! Yes I paid a bit more but I am thrilled with the way it all turned out.

 

[Beca]

Just hope they *have* forgotten about you Isn't there a time limit beyond which they've automatically waived their right?

Yes, the 30 day limit is actually the maximum number of days DVC can take to decide on a contract. DVC's POS that went to the buyer of the original contract says that if the owner decides to sell the contract, and they have not heard a decision on ROFR by the end of 30 days, they may proceed with the closing as scheduled.

Here's the scoop...no resale agent alive is going to touch that one "with a 10 foot pole". They are afraid that if they force DVC's hand, then they will find that a lot of their contracts get "lost" or "ROFR'd" or a myriad of other things.

One thing I have learned in my dealings is to attach an addendum which states that the contract must close within a certain time frame (or by a certain date). If DVC doesn't have an answer within that period, they cannot buy the contract either. This has always seemed to get me my answer on time.



Beca

 

[JimMIA]

...but I am thrilled with the way it all turned out.

That you got ROFR'd, and WHY you got ROFR'd, and how much you paid are not important. You're going to own DVC for a long time and the above quote is what is important in the long run.

[EDIT: OOOOPS! Welcome home! ]

 

[dsneygirl]

We got word this afternoon...



Disney waived their rights so VWL is ours!!!!

 

[bobbiwoz]

We got word this afternoon...



Disney waived their rights so VWL is ours!!!!

Welcome Home VWL neighbor!!

Bobbi

 

[nanajoyx2]

I first contacted TTS about 200 VWL points (March) $77 on June 3. They received my deposit check on June 7 and the title company received our signed papers on June 8 or 9. I don't know which date is the one I should be using to count my days for ROFR. I haven't called Kristie to ask because I don't want to be a bother. I hope this passes but I think we should have bid more to be certain.

 

[JimMIA]

The date would be when the title company (not TTS) sends the deal to Disney, which would be very shortly after both your and the seller's paperwork were both in. Don't worry about being a pest with TTS -- you're a customer, not a pest, and that's how they look at it. They will be happy to answer your questions.

Good luck.

 

[WithDisneySpirit]

Way to go, dsneygirl!!!!!!! I see you have already changed your byline to VWL Owner! So happy for you

Welcome Home!!!!!!

 

[dsneygirl]

Thanks everyone! Now we can start planning for fall.

 

[jiggerj]

That you got ROFR'd, and WHY you got ROFR'd, and how much you paid are not important. You're going to own DVC for a long time and the above quote is what is important in the long run.

You are so right! Thank you !

And dsneygirl congrats to you ! Very exciting isn't it? WELCOME HOME!

 

[Poohgirl]

Yipee! Got word yesterday that I got by ROFR! A couple more weeks and Im in!

 

[jiggerj]

Hooray for Poohgirl! Congratulations and Welcome Home!