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

[DougEMG]

submitted today, the wait begins!

100 BWV (Oct) $73, 100 banked '11 pts, all '12 & forward pts, buyer pays closing & mf

i know i overpaid, but this is the perfect resort, amount of points, and use year for us. it's our first contract (providing it makes it though ROFR, which i hope it will at that price!)

Congradulations....

If it's the perfect resort, amount of point and UY, then there isn't anything wrong with paying a little more. I do the exact same thing. For the perfect contract I'm willing to pay a little more. I learnt my lesson when I once said no over a $1/point difference and by the time I reconsidered and decided the $1/point didn't matter the contract had sold to someone else.

 

[soontobewed07]

Congrats!!! also new BWV

Thanks we were VERY nervous about ROFR especially with the low number of BWV contracts available.

So our terms were: 202 points UY March $55/point pay closing split MF

 

[gatorgirl02]

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 about that, it was a killer deal too...

 

[gatorgirl02]

Good luck, nice one.

Thanks Doug. Fingers crossed that it goes through...

 

[gatorgirl02]

You can add me to the ROFR waiting list as well. I have a 150 pt Aug UY contract for VWL at $53/pt with buyer paying closing costs and split MF that went to ROFR on 5/26. I'm looking forward to becoming a DVC owner by July. Just keeping my fingers crossed that Disney remains quiet on exercising VWL contracts.

Mike - Glad to hear that you got another WVL contract. Nice job on the price too. Did you go through Fidelity? If so, perhaps we have the same seller since mine is an Aug UY too. I do indeed hope that the monkey doesn't start favoring WVL either...

 

[princessaloha]

Based on a couple of recent passes and no-go's, disney is running about 4 weeks to pass and just under 2 weeks to buy back. I'm at 2 -1/2 weeks. Feeling better.

end of 3 weeks today....

 

[KDilly]

And I forgot to add I was notified a week and a half after submitting. I can be glad it didn't take a full month for the bad news.

Better to find out sooner than later I suppose huh?

-KD

 

[Caren90]

Better to find out sooner than later I suppose huh?

-KD

The sooner you find out, the quicker you can make another offer!

 

[fmer55]

submitted today, the wait begins!

100 BWV (Oct) $73, 100 banked '11 pts, all '12 & forward pts, buyer pays closing & mf

i know i overpaid, but this is the perfect resort, amount of points, and use year for us. it's our first contract (providing it makes it though ROFR, which i hope it will at that price!)

Congrats and good luck.....and i don't think you overpaid, you found whatyou wanted and it is a smaller contract which fetch a premium, and the banked points are a nice touch as well.

 

[uriel12]

Hilton Head 350 points Dec UY - $51/PP
667 points - 2011 and 350 points - 2012
Buyer pays closing ($525) Seller pays MF
Sent to Disney 5/14
Timeshare Store - Jamie
(This is my 3rd attempt at a HH Resort. The other 2 were snatched by Disney)

Beach Club Villas 300 points Oct UY - $60/PP
300 points - 2011 and 300 points - 2012
Seller pays closing and MF
Sent to Disney today
Fidelity - Sharon
(here's the deal. the 2011 points cannot be banked because the MF have not been paid. The points will expire 9/30, the possiblity is there that the contract may only come with 300 depending on when it closes)

 

[ELMC]

Well, this might be bad news for me. I'm waiting on one that isn't too far different submitted on 5/22 - although I have yet to hear back.

BCV 270 Feb UY, comes with 133 banked 2011 points, 270 2012 points and all 2013 points.

$63/point - we (buyer) pays closing and splitting MF



I hope that's true.. I'm just past the 2 week mark and hate the waiting. But if waiting means i have a better chance, I'll gladly wait

I wouldn't worry about it. Between the extra $3 per point, the missing 2010 and half of 2011 points and the fact that you're splitting maintenance fees, there is enough of a difference between our two deals. That is assuming we have a clue as to why contracts get ROFR'd, which I'm not sure we do. Good luck!

PS Nice deal!

 

[ELMC]

Hilton Head 350 points Dec UY - $51/PP
667 points - 2011 and 350 points - 2012
Buyer pays closing ($525) Seller pays MF
Sent to Disney 5/14
Timeshare Store - Jamie
(This is my 3rd attempt at a HH Resort. The other 2 were snatched by Disney)

Beach Club Villas 300 points Oct UY - $60/PP
300 points - 2011 and 300 points - 2012
Seller pays closing and MF
Sent to Disney today
Fidelity - Sharon
(here's the deal. the 2011 points cannot be banked because the MF have not been paid. The points will expire 9/30, the possiblity is there that the contract may only come with 300 depending on when it closes)

Nice deals. Don't forget that if you close before 9/30 you can ask Disney for a one time late banking exemption for those 2011 points. Just know that it's not guaranteed and if they do grant it then you won't be able to do it again on that contract. Good luck!

 

[DougEMG]

Beach Club Villas 300 points Oct UY - $60/PP
300 points - 2011 and 300 points - 2012
Seller pays closing and MF
Sent to Disney today
Fidelity - Sharon
(here's the deal. the 2011 points cannot be banked because the MF have not been paid. The points will expire 9/30, the possiblity is there that the contract may only come with 300 depending on when it closes)

I'm guessing that this is the same contract that I made an offer on earlier this week (June 4th), but it had already sold. Good luck with it and I hope you can make use of those 2011 points.

 

[DougEMG]

Hilton Head 350 points Dec UY - $51/PP
667 points - 2011 and 350 points - 2012
Buyer pays closing ($525) Seller pays MF
Sent to Disney 5/14
Timeshare Store - Jamie
(This is my 3rd attempt at a HH Resort. The other 2 were snatched by Disney)

Nice deal, hope you have better luck with ROFR this time.

 

[ELMC]

I'm guessing that this is the same contract that I made an offer on earlier this week (June 4th), but it had already sold. Good luck with it and I hope you can make use of those 2011 points.

Ditto. Should've known that contract wouldn't have lasted long.

 

[hoosiermike]

Mike - Glad to hear that you got another WVL contract. Nice job on the price too. Did you go through Fidelity? If so, perhaps we have the same seller since mine is an Aug UY too. I do indeed hope that the monkey doesn't start favoring WVL either...

gatoregirl02, I did go through Fidelity on my contract. I just moved onto the next VWL contract for my offer. Good luck with your ROFR. Keeping my fingers crossed that Disney doesn't want to buy back any VWL contracts.

 

[uriel12]

Nice deals. Don't forget that if you close before 9/30 you can ask Disney for a one time late banking exemption for those 2011 points. Just know that it's not guaranteed and if they do grant it then you won't be able to do it again on that contract. Good luck!

Thanks for the heads up about requesting a late banking.
Here's hoping I get to put in that request...

 

[uriel12]

I'm guessing that this is the same contract that I made an offer on earlier this week (June 4th), but it had already sold. Good luck with it and I hope you can make use of those 2011 points.

The listing was originally $63.33/PP. It looked to good to be true, but the $60/PP offer was accepted on Friday 6/1. I wish Fidelity updated their site like Timeshare Store does. It can get frustrating to put in an offer on properties that are under contract.

 

[AllieV]

end of 3 weeks today....

Based on a cursory look at the dates/days of the "pass" notification, it looks like the vast majority are on a Tuesday. So maybe 6/12 is your day.

 

[ELMC]

The listing was originally $63.33/PP. It looked to good to be true, but the $60/PP offer was accepted on Friday 6/1. I wish Fidelity updated their site like Timeshare Store does. It can get frustrating to put in an offer on properties that are under contract.

Yes, that contract had a bunch of us salivating I'm sure. Well done. You hit the sweet spot with the price and managed to not have to pay closing or MF. Not to be a downer, but I just had a BCV contract ROFR'd at that price and I did pay closing. It did have an extra year's points, though. Still, it's out of your hands now. I wish you the best of luck!