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

[fmer55]

My broker at Fidelity emailed me. Yeah, news after 11 days is not good. The longer you wait, the better off you will be. Good luck!

sorry to hear that.....any word on the other 2 you had in limbo?

 

[ELMC]

sorry to hear that.....any word on the other 2 you had in limbo?

Oh yeah, I was away last week when I found out so I didn't post here. Both of them passed. But unfortunately neither of them were BCV, so I still need to find one there.

 

[DizBub]

Sigh.

100 BCV DEC $60 pp buyer pays closing seller pays mf. All 2010, 2011, 2012 points.

Submitted 5/23, ROFR exercised 6/4.

Maybe price does have something to do with it.

Sorry to hear it. Awesome score had it gone through.

 

[Shazzasmd]

Sorry to hear it. Awesome score had it gone through.

Agree, that would have been a heck of a deal. Sorry it didn't go through. We will probably pay more than we should/could for a BCV contract when the right one comes up, but I don't have the stomach for the wheeling and dealing some of you have ( and that in no way is meant as a slam - I admire your persistence and patience).

 

[AllieV]

My broker at Fidelity emailed me. Yeah, news after 11 days is not good. The longer you wait, the better off you will be. Good luck!

Sorry to hear that, but relieved to know they've been staffed enough through the memorial day holiday week that it only took 11 days to nab that one. I feared mine was too low priced. But like PrincessAloha, mine went in on the 20th, a few days before yours. Nothing yet. I'll breathe easier after week three. Today week 2 ended.

Although that was a lot of available points, that price didn't seem too low, right? (yours I mean)

 

[princesscinderella]

Elmc so sorry to hear that such a good deal was lost To ROFR.

 

[ELMC]

Thanks, everybody, I appreciate it. I'm kinda bummed because I'll be hard pressed to duplicate that deal and I really want the ability to book BCV at the 11 month mark for F&W. But I'll try!

 

[DougEMG]

I'm guessing but think that ELMC's contract only took 11 days to go through ROFR because their was someone that wanted BCV direct. The longer you take to go through ROFR the better.

From what I've seen, SSR and AKV can go through in 3 weeks most of the time because Disney doesn't need contracts at those resorts. if you are trying to buy anywhere else and hear back in under 3 weeks it will be because your contract has been ROFR'd.

 

[ELMC]

I'm guessing but think that ELMC's contract only took 11 days to go through ROFR because their was someone that wanted BCV direct.

Good point. Anyone out there recently buy 100 BCV direct with a DEC use year? Anyone? Hey...is this thing on?

 

[work2play]

Good point. Anyone out there recently buy 100 BCV direct with a DEC use year? Anyone? Hey...is this thing on?

They can actually just throw your points back in the big BCV bucket, so if someone wants 200 and they already had 100, they can add yours to it to get to the 200 (as long as they are the same UY). They can also break them up into 50 point contracts. There has often been a waitlist for BCV points in specific UYs when buying direct....

 

[Pirate Granny]

You sure drive a hard bargain. We bought BCV 100 Dec UY last year, and I didn't bargain 'cause I didn't see many for that low of points and in Dec. We paid $78... but it did go through, and then I realized I needed more so got a 64 point one about two months later. Now I'm on a hunt for VWL and I'm done. Three DD and we can leave them 3 DVCs.

 

[ELMC]

You sure drive a hard bargain.

Thanks. I'm sure DVD appreciates all my hard work. They also took a double loaded contract at OKW for $41pp where seller pays all closing costs and fees. Let's just say that I no longer think it is unreasonable when people say they want to pay more to try to make sure they pass ROFR. I still am not going to do it, but I'm not so sure I can fault people for doing it.

 

[AllieV]

There's an update to the monthly buyback post over on mouscellaneous here.

May 2012 had the largest number of deeds and points reacquired by Disney Vacation Development via the Warranty Deed/ROFR process since I began tracking this data in June 2010. Twenty-nine deeds containing 6,198 points were reacquired by DVD in May, which easy bested the previous highs of 21 deeds and 4,600 points in October 2010.

As has been the case since August 2011, more deeds and points were reacquired for Old Key West than any other DVC resort for which data is tracked. In May 2012, 20 OKW deeds and 4,043 points were reacquired. Boardwalk Villas was a surprising second with 4 deeds and 1,385 points. BWV's point total was somewhat skewed by the fact the DVD reacquired a BWV deed that had 735 points.

 

[NvDizz]

Getting nervous still waiting on my okw contract submitted 3 weeks ago tomorrow still no response. Should I start looking for a back up contract?

 

[fmer55]

There's an update to the monthly buyback post over on mouscellaneous here.

WOW......20 at OKW alone....that is one active monkey

 

[Brian Noble]

...though it's hard to say how active without knowing how many contracts changed hands in total that month.

 

[bdoleary]

Sigh.

100 BCV DEC $60 pp buyer pays closing seller pays mf. All 2010, 2011, 2012 points.

Submitted 5/23, ROFR exercised 6/4.

Maybe price does have something to do with it.

Sorry to hear this didn't make it through - what a great deal - I hope DVC appreciates it! Hope you have better luck when you find another BCV of interest.

 

[cfw213]

Just got word from Sharon that we passed ROFR

I couldn't find my previous post to quote, but here are the details:

160 pts @ SSR, August UY. We paid $60/pt, seller paying MF and us paying closing.

Now I guess we are just waiting on the closing documents to be sent to us

 

[DizBub]

We just learned that our contract was sent to ROFR today.

BCV 160 points Feb UY $72 pp
160 banked 2011 points
141 available 2012 points
160 2013 points and forward.
Buyer pays 2012 MFs and closing costs.

Not exactly the great deal we missed out on before but am hoping the combination of price and us paying MFs and CC it will get us past ROFR.

Fingers crossed!!

 

[bdoleary]

We just learned that our contract was sent to ROFR today.

BCV 160 points Feb UY $72 pp
160 banked 2011 points
141 available 2012 points
160 2013 points and forward.
Buyer pays 2012 MFs and closing costs.

Not exactly the great deal we missed out on before but am hoping the combination of price and us paying MFs and CC it will get us past ROFR.

Fingers crossed!!

Good luck with ROFR on this one.