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

[disbound09]

disbound09 --- 320 SSR (Aug), $53, all '12 & '13 pts, buyer pays mf, split closing (sub 1/31)

Finally passed today. Was actually supposed to be submitted on 1/14 TBS didn't turn submit until 1/25?? But 2/25 finally passed ROFR The broker didn't even bother to text, call or email. Found out from title company when I called about the contract amount being incorrect. Finally see the light at the end of the tunnel. TBS is a joke as far as handling a DVC timeshare.

 

[DougEMG]

Very pleased to report we passed ROFR this week! Have been very pleased using site **********

Villas at Wilderness Lodge 175 $63 Sep (175 points for 2012 + 175 for 2013 + 175 for 2014. $11,025)

Congrats

 

[miprender]

We passed ROFR on 2/14

50 points at VWL @ $65/pp There were no points left for 2013, but all for 2014

(Now just waiting for us to close so I can get my points into my account )

 

[cm8]

We passed ROFR on 2/14

50 points at VWL @ $65/pp There were no points left for 2013, but all for 2014

(Now just waiting for us to close so I can get my points into my account )

Congrats Boo Boo

 

[maburke]

disbound09 --- 320 SSR (Aug), $53, all '12 & '13 pts, buyer pays mf, split closing (sub 1/31)

Finally passed today. Was actually supposed to be submitted on 1/14 TBS didn't turn submit until 1/25?? But finally ROFR'ed the broker didn't even bother to text, call or email. Found out from title company when I called about the contract amount being incorrect. Finally see the light at the end of the tunnel.

So are you saying you were ROFR'd, or you passed? Who is TBS?

 

[disbound09]

So are you saying you were ROFR'd, or you passed? Who is TBS?

TBS is timeshare broker services or sell my timeshare now... both are TBS as in TOTAL BS to deal with. I passed ROFR but did not hear from broker to confirm just got email with closing statements and documents needed to complete transaction. Would've been great but they were off by over $500.00 and didn't mention the 320 2012 points only the 2013 points so I am waiting until tomorrow to hopefully get someone on the line to straighten it out, before I sign the paperwork. GONG SHOW!!

 

[DISbob]

Yes! We passed! Here's the details of our first DVC purchase:

225 AKV (JUN), $56/pt, 40 '12 pts, all '13 pts, all '14 pts, buyer pays closing & mf (sub 1/30, passed 2/26)

 

[shwn]

Yes! We passed! Here's the details of our first DVC purchase:

225 AKV (JUN), $56/pt, 40 '12 pts, all '13 pts, all '14 pts, buyer pays closing & mf (sub 1/30, passed 2/26)

Great deal! Congrats!!!

 

[Lreip]

I'm finally a DVC Member after thinking about it for 9yrs lol.

I started small with only 50pts at VWL. $70 a pt I figured its only my son and me. We usually do the Disney Cruise along with the resorts once a year. And with the price of flights these days I cant go as much as I'd like.

Anyway sent deposit 1/21/13 passed RFR 2/21/13 and closed yesterday 3/5/13. Now just waiting on my Welcome Home package. Woohoo cant wait!!!

 

[Snowmiser]

Just received an email from our broker and Disney has waived ROFR!

200 BWV (Mar) $56, 4 banked '12 pts., all '13 and '14 pts., buyer pays mf and closing (sub 2/13, passed 3/5)

This is our first contract - so excited!

Hopefully, closing goes as smoothly as everything else has so far. We are staying at BLT on a cash ressie in mid-May so i would love to be in the system by then so we can take advantage of some member benefits!

Good luck to everyone else who is waiting and checking email today!

 

[elcid3]

Just received an email from our broker and Disney has waived ROFR!

200 BWV (Mar) $56, 4 banked '12 pts., all '13 and '14 pts., buyer pays mf and closing (sub 2/13, passed 3/5)

This is our first contract - so excited!

Hopefully, closing goes as smoothly as everything else has so far. We are staying at BLT on a cash ressie in mid-May so i would love to be in the system by then so we can take advantage of some member benefits!

Good luck to everyone else who is waiting and checking email today!

congrats! we passed ROFR last week and are also anxiously waiting to close!

 

[Snowmiser]

congrats! we passed ROFR last week and are also anxiously waiting to close!

Thanks! Congrats to you too! You got a terrific deal!

 

[lorenni]

Well said puffkin.
Here is my take...
There are two markets in the dvc world (direct and resale). I think that several buyers in the direct world that are unaware that the resale market exists (and some might change their purchase if they knew all the facts).

Likewise within the resale world there are two markets (those that accept what the broker says the going rate is and those that are aware of threads like this where the aggressive side of the market exists). Once again those that are in the former group knew about the latter might change their buying pattern.

I think many contracts sell at or near the broker price. This is confirmed, IMO, by the fact that some brokers won't entertain some of the low offers made by people on this board.

I for one offered the asking price on a contract for four reasons:

It was a loaded contract - almost all of 2012 points banked and all future points available

I want to close NOW so that I can use the points this fall - the value of having the points now outweighed the cost of paying out of pocket later this year.

It was a reasonable price and still much less than I would have paid buying direct.

I was told that there were multiple offers already made under, but close to, the asking price.


Could I have waited, made multiple low offers on other contacts and paid less? Sure.

 

[wordwitt]

It's not just whether contracts are stripped, loaded, small, or large. Asking prices vary so much, except on the more "rare" resales.

 

[Amymarie0606]

Hi all. My first official post

We already have BLT 160 pts (Sept YE) and have been on the fence about adding and where. Finally decided! We are currently, patiently waiting for ROFR on the following contract:

BWV 150 pts Sept YE. $62 seller pays 2013 dues, buyer pays closing costs. The contract has a funky configuration of points due to some banking/borrowing issues: 21-2012 pts, 102 - 2013 pts and 50 - 2014 pts available.

I'm hopeful it'll pass. It was sent to Disney on Feb 7th. Fingers crossed!

Crossing our fingers that we hear today!


I just realized I posted "YE" instead of "UY". Doooh! We're dealing with year end "stuff" at work. Man, I need a vacation!!!

 

[dbs1228]

Now the waiting begins for us on 2 contracts!

Selling SSR Oct UY 130 points 63.00 PP all points coming in Oct sent to ROFR 3/2/13 buyer pays all dues and closing cost

Buying BWV Feb UY 222 points 55.00 PP all 2013 points available now all coming 2014
buyer pays 9 months of dues and closing cost Sent to ROFR 3/5/13

I hate the waiting especially for the purchase!

 

[AppleDisneyDad]

Since I feel guilty for using the data here and not contributing, I will throw in a couple data points over the next week or so.

Old '12 Contract Data

SS Oct UY 210 pts. @ $65 pp. 118 from '10, 177 from '11, 210 '12 and forward. 5/8 sub, 6/5 passed. Seller paid '12 mf. Buyer paid cf

Currently waiting on my 1st resale add on.

I will be quicker with the info from that contract

Thanks to all who provide this great info

 

[chasshan]

Congrats to all who recently passed!
I'm thrilled to say I am joining you in passing; received email yesterday.

It looks like a lot of BWV contacts and some at really good price per point.
Mine is on the higher end, but it does help to show that not every resale contract is at rock bottom pricing. This was the contract I wanted: UY, large contract, and lots of usable points. I am so excited and can't wait to make our first reservation!

Here are the stats:

BWV, April UY, $67pp, 350 points,with 350 for 2012,2013,2014, and all moving forward. Buyer and seller split MF, buyer paid closing costs. Contract was submitted to Disney on 2/8; received notification of passing on 3/5.

Shanna

 

[gatorgirl02]

You can add me back in to the ROFR madness, my contract was submitted yesterday:

170 PT BWV (Sep UY) - $57 pp, 170 2012 pts, 170 2013 pts, all going forward Buyer pays MF and closing

Wish me luck please!

Found out yesterday that we passed ROFR, woohoo!

I was getting a bit nervous seeing how Disney was pushing BW again in their latest webcast, but happy to get through.

Now if I can only get them added to my account before the seven month window opens up for my November trip...

 

[gatorgirl02]

Congrats to all those who passed ROFR this week, it looks like we all got some great deals!