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

[DougEMG]

FINALLY me too! Our offer was accepted 2 weeks ago took 10 days to get the initial contract today it was sent to Disney for ROFR. Contract details:

200 point BWV Oct UY 65.00PP 200 - 2011 points and 400 points coming in Oct here I go again!

Nice contract, good luck with ROFR, I think you'll need it.

 

[Thumper4me]

I got an e-mail today from Sharon at Fidelity. Disney exercised its ROFR on our OKW contract. Details:

OKW - 190 points
April Use Year
190 points 2012, 2013 and forward
$58 per point
Buyer pays closing, Buyer pays 2013 MF
Submitted 3/27, ROFR 4/18

This is the third strike for me with OKW. I am out. I had a SSR contract go through earlier this week so I think I will just wait for a while. It is a sellers' market right now.

Kelly

 

[MickeyFan612]

FINALLY me too! Our offer was accepted 2 weeks ago took 10 days to get the initial contract today it was sent to Disney for ROFR. Contract details:

200 point BWV Oct UY 65.00PP 200 - 2011 points and 400 points coming in Oct here I go again!

Rooting for you to pass-). Today Shawn said ROFR is brutal to BWV contracts- it's probably a good thing seller stalled! Hopefully they have their fill of BW points! GL

 

[dbs1228]

A lot of hurry up and wait going on here.

Got the final documents/contracts on 4/9 and still no word from the sellers. Today the title company said the sellers are still in the process of having them executed? Really - a week to sign the papers? I just don't get it. How hard can it be to print out and sign a paper? Yes it has to be notarized but every office I've ever worked in has multiple notaries.

Is there some other seller requirement of which I am not aware?

There could be several scenario's, could be an estate sale, divorce, more then 1 person on deed and you have to get them notarized together which can be tough if you work opposite shifts (or in my case my husband does not get home until after 5PM leaves in the A.M. at 6:00AM) could live abroad and from what I heard it is not that easy to find a notary. Ask your broker what the circumstance is. Good luck

 

[MickeyFan612]

I got an e-mail today from Sharon at Fidelity. Disney exercised its ROFR on our OKW contract. Details:

OKW - 190 points
April Use Year
190 points 2012, 2013 and forward
$58 per point
Buyer pays closing, Buyer pays 2013 MF
Submitted 3/27, ROFR 4/18

This is the third strike for me with OKW. I am out. I had a SSR contract go through earlier this week so I think I will just wait for a while. It is a sellers' market right now.

Kelly

Sorry to hear. Congrats on your SSR contract! I agree- it's a much better time to sell than buy!

 

[dbs1228]

Nice contract, good luck with ROFR, I think you'll need it.

Thanks and I agree - this is what I am willing to pay and can wait/try again if it does not pass. If I have to go much higher I will likely just add on to my BLT contracts since the price difference is closing in!

 

[disfanforlife]

I got an e-mail today from Sharon at Fidelity. Disney exercised its ROFR on our OKW contract. Details:

OKW - 190 points
April Use Year
190 points 2012, 2013 and forward
$58 per point
Buyer pays closing, Buyer pays 2013 MF
Submitted 3/27, ROFR 4/18

This is the third strike for me with OKW. I am out. I had a SSR contract go through earlier this week so I think I will just wait for a while. It is a sellers' market right now.

Kelly

Sorry to hear that, but glad you got SSR. Our BWV just went through this week - still waiting on closing docs. Going to look for BLT after things calm down - IF they do....

 

[melissac]

A lot of hurry up and wait going on here.

Got the final documents/contracts on 4/9 and still no word from the sellers. Today the title company said the sellers are still in the process of having them executed? Really - a week to sign the papers? I just don't get it. How hard can it be to print out and sign a paper? Yes it has to be notarized but every office I've ever worked in has multiple notaries.

Is there some other seller requirement of which I am not aware?

Not that it should take that long but here is an example. Got papers yesterday and need to find a time husband and I can get to the bank together before 5 to have them notarized. We live in a smaller community and neither of our works have this available(both in healthcare) so bank is about it for us. I work 8-4:30 but my husband is in regional management and has meetings all this week in different location/cities. So depending where someone lives and work schedules it can be hard.

 

[nalajms]

We live in a smaller community and neither of our works have this available(both in healthcare) so bank is about it for us.

I'd ask around at work, you'd be surprised who's a notary. We have admins and HR people who are notaries.

 

[melissac]

I'd ask around at work, you'd be surprised who's a notary. We have admins and HR people who are notaries.

I have and no one at my work. I work in a smaller outreach clinic and husband is has meetings this week in towns 30-75 miles from where I work. So it is not so much the nortary it is having to sign together/same time. The joys of living in Northern WI

 

[Thumper4me]

Sorry to hear that, but glad you got SSR. Our BWV just went through this week - still waiting on closing docs. Going to look for BLT after things calm down - IF they do....

Thanks!! I am excited about the things happening at Downtown Disney or "Disney Springs" as it will be called. Hopefully, that will keep the SSR value and demand up.

 

[Thumper4me]

Sorry to hear. Congrats on your SSR contract! I agree- it's a much better time to sell than buy!

Thanks!! I am excited about getting at least one of the contracts through ROFR.

 

[DaveD]

Sorry to hear that, but glad you got SSR. Our BWV just went through this week - still waiting on closing docs. Going to look for BLT after things calm down - IF they do....

Hi, we're waiting on BWV, $70, 219 pts, 12/13 closing as owner had res, no points til 2/14 which is fine for our schedule.

Can I ask what exactly they waived through for you?

 

[annmarieda]

I got an e-mail today from Sharon at Fidelity. Disney exercised its ROFR on our OKW contract. Details:

OKW - 190 points
April Use Year
190 points 2012, 2013 and forward
$58 per point
Buyer pays closing, Buyer pays 2013 MF
Submitted 3/27, ROFR 4/18

This is the third strike for me with OKW. I am out. I had a SSR contract go through earlier this week so I think I will just wait for a while. It is a sellers' market right now.

Kelly

Oh this is fairly close to the offer we just had accepted yesterday(OKW 230 points December use year. Nothing from 2012 though... 2013 and forward. $60pp buyer pays closing and splits 2013 MF)

I am so sorry to hear that yours did not pass... also though... it makes me worry mine wont either.

BTW.. Sharon is the gal that helped us! I must say, she is quite nice!!!

 

[kkolbusz1]

I am the one person with the crap luck. I have to wait over the 30 days because God knows why. the addendum was sent back w/in 2 days earlier ni the month and according to everyone who has had to filled one out before and even Sharon said that doesnt effect the time line. and there's nothing else that needs to be done with it, she spoke with someone at disney & they said we won't hear back until next week. WOW.

 

[collections]

Contract sent to Disney on 4-11.

150 points BCV, $74/pt, Dec UY, 52 2012 points, 150 2013 points, buyer pays MF, closing costs and admin fee.

I worked with Sharon at Fidelity, who I found to be very helpful.

Wish me luck!

 

[Rmgdisney]

I am the one person with the crap luck. I have to wait over the 30 days because God knows why. the addendum was sent back w/in 2 days earlier ni the month and according to everyone who has had to filled one out before and even Sharon said that doesnt effect the time line. and there's nothing else that needs to be done with it, she spoke with someone at disney & they said we won't hear back until next week. WOW.

I'm sorry you have to wait another week. Hopefully good news will come your way.

 

[lorenni]

There could be several scenario's, could be an estate sale, divorce, more then 1 person on deed and you have to get them notarized together which can be tough if you work opposite shifts (or in my case my husband does not get home until after 5PM leaves in the A.M. at 6:00AM) could live abroad and from what I heard it is not that easy to find a notary. Ask your broker what the circumstance is. Good luck

Very good points! Hoping they find a way to get it notarized together soon!

 

[dbs1228]

Very good points! Hoping they find a way to get it notarized together soon!

I know the waiting is the hardest part! It will happen and you will have your points

 

[dbs1228]

I am the one person with the crap luck. I have to wait over the 30 days because God knows why. the addendum was sent back w/in 2 days earlier ni the month and according to everyone who has had to filled one out before and even Sharon said that doesnt effect the time line. and there's nothing else that needs to be done with it, she spoke with someone at disney & they said we won't hear back until next week. WOW.

No not crap luck - you will know very soon I am on day 2 - 2nd time around (3rd contract we were involved in)! We have been waiting since beginning of March and will not hear till mid May and that is if it passes which is

I am hoping you pass then the new waiting starts! It will be soon