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

[Kelblum]

Tick tock, tick tock.... Still no word back from Disney (submitted 3/27). I guess they are going to take the full 30 days! Funny that I also got a message from our Disney guide asking if it closed so he can sell us BLT points!! Oh well, what's a few more days....

Good luck! I hope you hear soon! I am right after you!! Hope we both hear soon!

 

[nickspace]

Has is been taking the full 30 days lately?

 

[Kelblum]

Has is been taking the full 30 days lately?

I am on day 27 and still haven't heard!!

 

[Anna114]

Oh so yes. 5 more days for me

 

[bookwormde]

This happened last year after “spring break”, the assumption was that DVC sales rise during this period so DVC is busy processing new direct sales. ROFR and ESTOPLE times both went up drastically for about a month.

bookwormde

 

[nickspace]

I am on day 27 and still haven't heard!!

Hopefully soon...

 

[nickspace]

I wonder if tax refunds have anything to do with more people buying and thus the longer wait. I know what we did with our tax refund.

 

[nickspace]

I wonder if more sales would result in fewer rofr's???

 

[Kelblum]

Ohhh! I sent an email to my agent to ask if they ever go over 30 days because I thought I was getting close (27 days on my count), but she said that disney didn't actually input it until the 2nd, so I have 6 days instead of 3!

She said we probably have a week to go and that they have 40 contracts waiting!

I know it isn't that long to go, but I am DYING here!!

 

[jimanda44]

Ohhh! I sent an email to my agent to ask if they ever go over 30 days because I thought I was getting close (27 days on my count), but she said that disney didn't actually input it until the 2nd, so I have 6 days instead of 3!

She said we probably have a week to go and that they have 40 contracts waiting!

I know it isn't that long to go, but I am DYING here!!

Thanks for the update. If passed, how long until we get the Disney paperwork in the mail?

We can't wait......hope we pass too!!!!

Any pixie dust for luck........

 

[Sandisw]

Thanks for the update. If passed, how long until we get the Disney paperwork in the mail?

We can't wait......hope we pass too!!!!

Any pixie dust for luck........

Here is some pixie dust for you:

I am selling a contract and we are waiting on ROFR as well but I am really hoping that it passes because I want to see the buyer end up with it. So I'll give myself some too!!!

 

[podsnel]

Thanks for the update. If passed, how long until we get the Disney paperwork in the mail?

We can't wait......hope we pass too!!!!

Any pixie dust for luck........

I found out on Tuesday we passed ROFR (after 27 days)- in the email it said we would hear from the Title Company within 14 days- on Friday (3 days) we received the email with the closing paperwork- it said if we return it promptly with the bankers check, we would close before May 14th which is our current closing date. Of course, my DH left to golf in Orlando for the weekend on Friday, so he'll be signing and faxing everything tomorrow morning after he gets home today!

For you!

 

[bookwormde]

It sure sound like even with the extended time to get an ROFR answer that with the fact that they are doing ESTOPEL concurrent with ROFR that everyone is still “getting through the system” much faster than last year.

I am wondering if one of the reasons DVC is doing this is that they exercised ROFR and found some “issues” in ESTOPLE and it become an “problem” since in exercising ROFR they cut out another potential buyer who might not have viewed the “issue” the same as DVC. Doing it concurrently and not exercising ROFR until ESTOPLE is done eliminates this potential issue.

bookwormde

 

[michigankevin]

what is the minimum amount that you can add on direct from disney after you are already a DVC member?

 

[podsnel]

25 points, and there are no closing costs.

 

[Anna114]

Here is some pixie dust for you:

I am selling a contract and we are waiting on ROFR as well but I am really hoping that it passes because I want to see the buyer end up with it. So I'll give myself some too!!!

I rooting for you buyer too! We have a ways to go yet.

 

[alirwalsh4]

Is it o.k. to ask here what people a offering? I am thinking it is not since I can't seem to find any posts about offers!! I was also looking at the list of contracts that were passed and not passed, it looks like there is nothing since 07 that has NOT passed for BCV. We want to offer a reasonable offer but of course are looking for our best deal. Thanks for any help!!

 

[michigankevin]

Does anyone know what Disney values back points as? I'm sure they assign some type of dollar figure to back points. Also are they likely to ROFR with significant back points regardless of the offer?

 

[jimanda44]

I found out on Tuesday we passed ROFR (after 27 days)- in the email it said we would hear from the Title Company within 14 days- on Friday (3 days) we received the email with the closing paperwork- it said if we return it promptly with the bankers check, we would close before May 14th which is our current closing date. Of course, my DH left to golf in Orlando for the weekend on Friday, so he'll be signing and faxing everything tomorrow morning after he gets home today!

For you!

Thank you for the information on the documents and for the DUST!

 

[nickspace]

Does anyone know what Disney values back points as? I'm sure they assign some type of dollar figure to back points. Also are they likely to ROFR with significant back points regardless of the offer?

Good question! I would like to know that too.