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

[Breyean]

We just found out that our contract passed ROFR.

Submitted to ROFR on 4/11
Passed ROFR on 5/7

BLT Feb Use Year 210 points

42 banked 2012 points
All 210 points for 2013 and beyond

$90 pp with seller paying closing costs and buyer paying 2013 dues

Well, I must say, we are a little shocked.

BLT 300 Pts Feb UY - We offered $90 per pt, we paid current MF, and we paid closing. 308 pts in 2013 (8 banked), 300 pts 2014.

On the 29th day of our ROFR process, Disney indicated that are taking the contract.

We are back to ground zero. I am not sure, but I think this broke most of the "rules" people site (i.e. they typically do not take a contract late, paying closing & MF helps, paying a "fair" price helps, etc.). We are just really surprised.

I guess you never know. However, we are back at square one!

Wow. This shows they have no pattern that we can follow.

 

[Countryrunner262]

We are still waiting on ROFR. I see there is really no pattern to what passes. We are waiting on a 150point SSR that we got for $69pp with all points for 2012 forward. We pay all fees and closing. Is Disney more likely to pass on SSR since it's not quite as desired, or does that not matter?

 

[NoleFan]

Wow. This shows they have no pattern that we can follow.

Whoa- no kidding! I guess if they need more points for wait list or direct sales, it's better to buy back a larger contract. Ultimately, who knows??? Depends on what is needed for direct sales @ any given time. Yikes!!!!

 

[MasonDuo]

Well the ROFR monkey got us and took our contract on day 35. When speaking with our broker yesterday he explained that (unknown to him) DVD put an addendum on the contract to extend their time for review. Still can't understand why they couldn't have just taken it weeks ago.

If you are wondering it was a 150 pt BWV contract Feb use year at 65 per point.

 

[Hunclemarco]

Well the ROFR monkey got us and took our contract on day 35. When speaking with our broker yesterday he explained that (unknown to him) DVD put an addendum on the contract to extend their time for review. Still can't understand why they couldn't have just taken it weeks ago.

If you are wondering it was a 150 pt BWV contract Feb use year at 65 per point.

Sorry to hear that...I wasn't aware they could put an addendum for review on a contract like that.

 

[NoleFan]

Well the ROFR monkey got us and took our contract on day 35. When speaking with our broker yesterday he explained that (unknown to him) DVD put an addendum on the contract to extend their time for review. Still can't understand why they couldn't have just taken it weeks ago.

If you are wondering it was a 150 pt BWV contract Feb use year at 65 per point.

2012 points? 2013 points?

Sorry to hear!!

 

[scgustin]

We purchased 100 points at AKL for $65 a point (Feb.) through Fidelity.

0 points for 2013. All 100 points coming in 2014.

Buyer/Seller split closing, buyer pays Fidelity maintenance fee.

Timeline:
Contract sent to ROFR on 4/16.

 

[lovin'fl]

Sorry MasonDuo...stinks to have to wait all that time to just get ROFRd...good luck on your next one!

Updated page 142.

 

[brhalstea]

Submitted for ROFR 4/12/2013. Saratoga Springs 175pts/ $55 All 12 13 and 14 points. Feb UY.
Fingers crossed

Just got word today that we passed! Then asked to be sure if it was indeed ours and got the response that technically the seller could still back out (slim chance though)! But for all intensive purposes we should be DVC owners! Some specifics I left out in original post. Buyer pays closing and seller pays 2013 mainenance fees. Submitted 4/12 and waived 5/6 but didn't hear anything til today.

 

[NoleFan]

Just got word today that we passed! Then asked to be sure if it was indeed ours and got the response that technically the seller could still back out (slim chance though)! But for all intensive purposes we should be DVC owners! Some specifics I left out in original post. Buyer pays closing and seller pays 2013 mainenance fees. Submitted 4/12 and waived 5/6 but didn't hear anything til today.

Wow, great pricing! Congrats!

 

[bman388]

Just got word today that we passed! Then asked to be sure if it was indeed ours and got the response that technically the seller could still back out (slim chance though)! But for all intensive purposes we should be DVC owners! Some specifics I left out in original post. Buyer pays closing and seller pays 2013 mainenance fees. Submitted 4/12 and waived 5/6 but didn't hear anything til today.

Congrats!!!!

 

[lchute1158]

I am not sure if I posted this..

OKW 75 points... 64 pp seller pays closing buyer pays mf. Submitted rofr on 5/3.

 

[lovin'fl]

I am not sure if I posted this..

OKW 75 points... 64 pp seller pays closing buyer pays mf. Submitted rofr on 5/3.

June UY?

 

[lchute1158]

June UY?

Oh sorry... August.

 

[DaveD]

Congratulations! I'm waiting on ROFR for a 160 pt BWV contract. It has 100 banked points from 2012, Dec UY and the price is $68. I'm very curious to see what happens considering Disney took one from you at the same price per point. Went to ROFR on 4/30. FINGERS CROSSED!

Thanks

And my wife corrected me and said it was 67. They were asking 68, we offered 66 they countered at 67. Sorry. Disney took at 67.

The one that was taken was a over month ago. It went to ROFR 4/8 and it was fully loaded BWV 150 with immediate closing. It had banked points too from 2012 and was just too tempting for Disney to pass on.

But keep positive. You just never know what side of the bed Mickey wakes up on.

 

[zgirlz]

Just got word today that we passed! Then asked to be sure if it was indeed ours and got the response that technically the seller could still back out (slim chance though)! But for all intensive purposes we should be DVC owners! Some specifics I left out in original post. Buyer pays closing and seller pays 2013 mainenance fees. Submitted 4/12 and waived 5/6 but didn't hear anything til today.

Congratulation! Great price. We are waiting on an SSR 150 pts. loaded $62 per pt. just signed, not sure if it even went to ROFR yet, fingers crossed.

 

[duck_widow]

Hi,

We passed ROFR on 5/6 on our first add-on. We already own at VGC. I didn't want to jinx it, so waited until after the ROFR period before posting.

SSR AUG 210 pts, $50, 63 2012 pts (banked), 210 2013 pts, 210 2014 pts, buyer pays 2013 MFs, Closing and admin fee.

Our offer was accepted right in the middle of the ROFR madness last month, so at times I had little hope. I am so happy it worked out and sorry to all those that the monkey got.

Thank you to everyone that posts here for lots of great information and data!

 

[lovin'fl]

Hi,

We passed ROFR on 5/6 on our first add-on. We already own at VGC. I didn't want to jinx it, so waited until after the ROFR period before posting.

SSR AUG 210 pts, $50, 63 2012 pts (banked), 210 2013 pts, 210 2014 pts, buyer pays 2013 MFs, Closing and admin fee.

Our offer was accepted right in the middle of the ROFR madness last month, so at times I had little hope. I am so happy it worked out and sorry to all those that the monkey got.

Thank you to everyone that posts here for lots of great information and data!

GREAT DEAL!!! Congrats!

Updated page 142.

 

[agie65]

Well, I must say, we are a little shocked.

BLT 300 Pts Feb UY - We offered $90 per pt, we paid current MF, and we paid closing. 308 pts in 2013 (8 banked), 300 pts 2014.

On the 29th day of our ROFR process, Disney indicated that are taking the contract.

We are back to ground zero. I am not sure, but I think this broke most of the "rules" people site (i.e. they typically do not take a contract late, paying closing & MF helps, paying a "fair" price helps, etc.). We are just really surprised.

I guess you never know. However, we are back at square one!

Sorry to hear that, One broker said, usually if they are not sure they will hold on till last minute and make a decision.
At this price only one thing comes in my mind is there is no right reason in any deal, whether disney will take it or not, you can just keep guessing. I think more of a business decision to keep the resale price high, so they can charge higher direct price.

 

[fmer55]

Well, I must say, we are a little shocked.

BLT 300 Pts Feb UY - We offered $90 per pt, we paid current MF, and we paid closing. 308 pts in 2013 (8 banked), 300 pts 2014.

On the 29th day of our ROFR process, Disney indicated that are taking the contract.

We are back to ground zero. I am not sure, but I think this broke most of the "rules" people site (i.e. they typically do not take a contract late, paying closing & MF helps, paying a "fair" price helps, etc.). We are just really surprised.

I guess you never know. However, we are back at square one!

WOW, that really stinks, sorry to hear....and now I am worried where as I had no worries for the first 19 days

Well the ROFR monkey got us and took our contract on day 35. When speaking with our broker yesterday he explained that (unknown to him) DVD put an addendum on the contract to extend their time for review. Still can't understand why they couldn't have just taken it weeks ago.

If you are wondering it was a 150 pt BWV contract Feb use year at 65 per point.

It seems they can do just about anything they please, sorry this happened to you.