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

[PCMama]

My vgc went in on the 18th too. No call is a good call. But then mine is with fidelity they mat not call right away lol.

Oh wait mine actually went in on the 13th. Two more weeks not three.....

 

[MickeyFan612]

ROFR'd Today!

300 SSR (Dec) $61/pt 300-2012, 300-2013 buyer paid admin fee and seller paid 2013 maint fees and closing costs! Submitted March 15th!

 

[dis4ellaandzach]

We did not go through the TTS, but we have offered $96 for BLT. It's been just a bit more than 2 weeks since ours was sent. I am concerned. We have a call into our broker.

Good luck. We just agreed with another seller on 96 as well, within a few hours of being rofr'd. Hope this one goes through. Start the 30 day clock again once the seller signs. Crazy! Hope you get yours. I was at least pleased Disney did it quickly, I could only imagine how angry I would be if they had waiting until day 28 to do it.

 

[PCMama]

ROFR'd Today!

300 SSR (Dec) $61/pt 300-2012, 300-2013 buyer paid admin fee and seller paid 2013 maint fees and closing costs! Submitted March 15th!

Ugh really?!

 

[dbs1228]

ROFR'd Today!

300 SSR (Dec) $61/pt 300-2012, 300-2013 buyer paid admin fee and seller paid 2013 maint fees and closing costs! Submitted March 15th!

Sorry to hear that! At least they let you know quickly.

 

[kenspidey]

I called TSS today to see what BWV was passing at since I am in the process of buying a contract (offered full price considering more) and I was told just today they found out there were a few BWV taken one at 64.00PP, 2 contracts at 69.00 each, and 1 for 66.00.

Ouch ... Still waiting on my ROFR submitted on 3-13 on a loaded $67 150 point contract.... Not looking promising

 

[dbs1228]

Ouch ... Still waiting on my ROFR submitted on 3-13 on a loaded $67 150 point contract.... Not looking promising

I can't believe I forgot the most important part after the broker reading the list of ROFR'd BWV contracts he laughed and said well here is one that passed through today at 60.00!

 

[kenspidey]

I can't believe I forgot the most important part after the broker reading the list of ROFR'd BWV contracts he laughed and said well here is one that passed through today at 60.00!

Well that's a little encouraging ..... Argh

 

[kkolbusz1]

I can't believe I forgot the most important part after the broker reading the list of ROFR'd BWV contracts he laughed and said well here is one that passed through today at 60.00!

I swear they lay them all out on the table, close their eyes & pick a few.

 

[disfanforlife]

I have resigned myself to the fact that ours probably won't go through. So, if it does pass I will be surprised. In the meantime, we still own 200 AKV and we have a reservation there in November. Life is good!

 

[automaticsoap]

I can't believe I forgot the most important part after the broker reading the list of ROFR'd BWV contracts he laughed and said well here is one that passed through today at 60.00!

Perhaps UY was the deciding factor?

 

[MickeyFan612]

I can't believe I forgot the most important part after the broker reading the list of ROFR'd BWV contracts he laughed and said well here is one that passed through today at 60.00!

I bet it was stripped- it appears they are after contracts w/ banked points. Which makes sense- if they exercise ROFR on all the loaded contracts and only pass stripped contracts at higher than previous prices, direct prices start to look much more appealing especially since you receive previous years points along w/ the extra incentive offers!

 

[DougEMG]

TSS called today. Disney took 15 of their sales today, including mine. 225 points, June uy. 132 banked, all coming for 13 and 14. $92 a point. At least they did it fast. Went to rofr on the 20th.

Okay, that sounds like a lot.

 

[DougEMG]

I called TSS today to see what BWV was passing at since I am in the process of buying a contract (offered full price considering more) and I was told just today they found out there were a few BWV taken one at 64.00PP, 2 contracts at 69.00 each, and 1 for 66.00.

Lets hope you have better luck with your contrac t

 

[Firepath]

With all the loaded contracts getting ROFR'd I expect the demand for stripped contracts will be greater. I noticed that TSS had way more points available for transfer in their latest e-mail. I wonder if sellers are trying to unload their extra points first (at $12/pt) then sell the stripped contract to a buyer who is more likely to get to keep it. They may come out ahead in the long run. Sounds like a win-win for seller and buyer.

 

[DougEMG]

ROFR'd Today!

300 SSR (Dec) $61/pt 300-2012, 300-2013 buyer paid admin fee and seller paid 2013 maint fees and closing costs! Submitted March 15th!

Sorry to hear that, who would have thought they would be taking SSR contracts back at that price. Better luck next time.

 

[elcid3]

Points loaded today for my BLT contract so 12 days from closing on March 14. Started with offer on Janaury 27th to having the points on March 26th, one day shy of two months!!!

My contract closed on 3/15 but I've received nothing in the mail so I called today and my account still isn't in the system. I wonder if the delay is because I'm a first time DVC owner. It's frustrating because the contract has non-bankable points that expire 5/31 that I want to use or rent

 

[macd77]

150 OKW (Apr) $61/pt 150-2013, 150-2014 buyer paid 2013 maint fees and closing costs
3/3 - offer made at asking and accepted
3/5 - we signed the contract
3/7 - seller signed and contracted went to ROFR
4/2 - ??????? I don't have a good feeling after reading these boards, but you never know.... Also, this is my 2nd contract and lost the 1st one to ROFR last month. I need a lot of pixie dust and luck bc this is a surprise for my wife and 5 kids!!!!

 

[wordwitt]

If it makes you feel any better, Jason from the TSS told me if Disney's going to exercise ROFR they usually do it quickly, and that if they don't exercise ROFR they usually waive close to day 25. So hopefully you'll get good news this coming week!

 

[AppleDisneyDad]

So I have been puzzling for a couple of weeks about the impact of closing costs and maintenance fees on ROFR. I would love to hear the opinion of an accountant on capital cost (ppp, depreciation eligible?) Vs. MF and cc (expense costs). I agree that it doesn't matter in the dollar cost to the buyer, but I think it affects DVD's balance sheet

Could someone smarter than me give this a think? (Please read that as if I did a great Pooh imitation.)