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

[lisa3635]

Just had an offer accepted:

150 SSR Oct Use Year $60/point, 300 2012 points 150 2013 points. I'm paying maintenance fees on the 2013 points only and closing costs. Fidelity.

Its in probate, but they've already started the process so hopefully it doesn't take too much longer than normal.

 

[bman388]

So excited! My contract was submitted on April 9, and passed today (4/30). This is for BLT, 250 points, Aug UY, $85/pt, 60 pts banked from 2012, and all 2013 and 2014 points available. Yeah!

Great Deal! Congrats!!

 

[theguda]

Congrats! I was looking for one but just not that many points. We recently bought 100 at BWV - being near Epcot is wonderful! Can't wait for our first visit as owners at an Epcot resort.

This is good news. My 160 pt BWV contract was sent to ROFR yesterday. Paying $68 with 100 banked points from 2012. Fingers crossed!

 

[Galun]

Just had an offer accepted:

150 SSR Oct Use Year $60/point, 300 2012 points 150 2013 points. I'm paying maintenance fees on the 2013 points only and closing costs. Fidelity.

Its in probate, but they've already started the process so hopefully it doesn't take too much longer than normal.

Congrats on that one. I saw it and if it was my UY I would have made an offer on it. If it were not in probate I think it would be at risk of ROFR at that price.

 

[Galun]

Bought another contract.

200 AKV Dec UY 188-12 200-13, $65/point. Buyer pays 2013 mf and closing. Fidelity.

 

[kenspidey]

I sold a 60 point Vero April contract for $55 with 2 points in 2013 and 60 going forward. Passed ROFR yesterday, I am not sure the date it was sent to Disney.

FYI.. I sold through TTS and had multiple offers first day and sold for asking price.

thanks. tgs

Wow that's a great selling price for Vero? I just paid 38 for 150 points. I know small contracts go for more but wow. Congrats.

 

[dbs1228]

Did you use the same title companies both times? Who did you use?

Yes we did use the same title company both times and actually worked with Brenda a few years back and again this time - she is great! I just reread the email and it says the funds can take up to 25 days to be released That is crazy! I will keep you posted.

 

[melissac]

Yes we did use the same title company both times and actually worked with Brenda a few years back and again this time - she is great! I just reread the email and it says the funds can take up to 25 days to be released That is crazy! I will keep you posted.

I was told about 10 days(using TTS/***). The 25 days puts me in a scare spot. Need before May 31st.

 

[disfanforlife]

This is good news. My 160 pt BWV contract was sent to ROFR yesterday. Paying $68 with 100 banked points from 2012. Fingers crossed!

That sounds like a great deal! We didn't have any banked points with ours. Still happy that ours went through!

 

[bobbiwoz]

My contract showed up on my member page yesterday, so I know it was added to my original membership, but still no points in the account as of this morning! Last week DH called MS to alert them of the resale transaction. He was told that they do check to see if the buyers were already members. We still call to be sure we've done what we can!

This is a harder wait than waiting for ROFR! We closed April 19!

 

[disfanforlife]

My contract showed up on my member page yesterday, so I know it was added to my original membership, but still no points in the account as of this morning!

This is a harder wait than waiting for ROFR! We closed April 19!

I am having a hard time waiting too. Especially since I want to make a reservation NOW! We closed April 24.

 

[lisa3635]

Congrats on that one. I saw it and if it was my UY I would have made an offer on it. If it were not in probate I think it would be at risk of ROFR at that price.

I think it will probably pass ROFR, but looking at the ones that have been ROFRd, one is October so maybe not. May I ask why it would be more likely to pass ROFR since it is in probate? The fact that it might take a little longer to close?

 

[Galun]

I think it will probably pass ROFR, but looking at the ones that have been ROFRd, one is October so maybe not. May I ask why it would be more likely to pass ROFR since it is in probate? The fact that it might take a little longer to close?

I have read somewhere that Disney does not seem to want to deal with probate and bankruptcy court cases due to uncertainty. But I am pretty new at this myself.

 

[Minniesgal]

I was told about 10 days(using TTS/***). The 25 days puts me in a scare spot. Need before May 31st.

I was told it depends on Disney and how long it takes them to transfer ownership of the points because payment of funds is not due until transfer. i would have thought you would have been ok for the 31st.

 

[disfanforlife]

My contract showed up on my member page yesterday, so I know it was added to my original membership, but still no points in the account as of this morning! Last week DH called MS to alert them of the resale transaction. He was told that they do check to see if the buyers were already members. We still call to be sure we've done what we can!

This is a harder wait than waiting for ROFR! We closed April 19!

Where on your home page do you see it when it shows up? Just wanting to make sure I am looking in the right place....

 

[elcid3]

I was told it depends on Disney and how long it takes them to transfer ownership of the points because payment of funds is not due until transfer. i would have thought you would have been ok for the 31st.

Not the exact same situation, but I had an issue where a month had gone by and the soon-to-expire points still hadn't been transferred to my account. I emailed the closing company and explained the situation and they were able to essentially ask for a favor and the points were loaded the next day. This was at the beginning of April and DVC told the broker they had about a backlog of 100 contracts to enter into the system.

 

[elcid3]

not really surprised but Disney just exercised ROFR. the only annoying part was they got my hopes up and did it on day 28

Submitted to DVC on 4/4/13...


VB August UY. 240 points. 2012 - 240 points (banked). 2013 - 240 points. $34 per point. buyer pays closing/Fidelity admin fee. seller pays maintenance.


my guess is the mouse will ROFR this one but we'll see...

 

[cm8]

not really surprised but Disney just exercised ROFR. the only annoying part was they got my hopes up and did it on day 28

I'm so sorry, Wow Keep trying Here's to a future win for you

 

[lovin'fl]

not really surprised but Disney just exercised ROFR. the only annoying part was they got my hopes up and did it on day 28

Ooh...sorry. They really made you wait that out...geesh!

Updated page 142.

 

[melissac]

CLOSED now we wait for payment.

Here is timeline:
(we are sellers)
March 5th Listed- 250SSR Oct 30 pts 2013 and 250 2014 forward $63/pt
March 15 Offer accepted $61/pt
March 18 Sent to ROFR
April 15 Passed ROFR
April 18 Closing Docs received
April 22 Our Closing docs sent and received
April 30 Closing Docs and payment received from Buyer
May 2nd CLOSED

Hope DVC loads them qucikly so we can get payment Did pay the extra to have overnighted