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

[melissac]

Finally today I noticed the points gone from my on line account so I emailed *** this evening to see when the check will be mailed!

Please post what you hear an when you get check. Did you pay extra for overnight mail?

 

[MasonDuo]

Getting really annoyed with DVD....day 34 has come and gone with no word on our BWV contract. It's only 150 points - can't imagine what is taking so long. Followed up again with TSS today and haven't heard back yet. Last week they said by may 14th which would put us at 41 days - so confused.

 

[kkolbusz1]

Getting really annoyed with DVD....day 34 has come and gone with no word on our BWV contract. It's only 150 points - can't imagine what is taking so long. Followed up again with TSS today and haven't heard back yet. Last week they said by may 14th which would put us at 41 days - so confused.

DId you have to sign an addendum for anything?

 

[DaveD]

You heard wrong, I believe, the longer the better, they like to make you wait, another resale hassle.

Although I must say, it seems they have changed a bit the last 2 weeks I am seeing a lot of people being notified abround the 20-24 day timeframe.

Yes, day 23 was today when we found out they waived it through.

Our first contract that Disney grabbed was at day 22.

 

[arachnib]

Did you pay the full $70/pt they were asking?

I just emailed my broker today, day 23, to check in on our ROFR for our pending 219 point, BWV.

And much to my surprise he replied:

Congratulations! Disney has approved the sale and purchase of your contract (passed ROFR). Around the third week in November, you will receive your final documents for closing. We will notify you at that time with instructions. Stay tuned! Jaki/Kevin/****/Kristen

Yes it's an extended closing which is fine for us.

We are very excited! This was our second attempt.

Best of luck to all those waiting!

Dave

 

[arachnib]

WhooHOOO! Congratulations. You're one of the first BWV to be posted lately. I've been watching, as I have a contract in on BWV for $77/' on 350', w/Dec UY.

Keeping my fingers crossed!!! It should be soon. We went on 4/17 to ROFR. (This one was submitted one month exactly from our last two BWV contracts (sub. 3/17) that didn't make it through the gauntlet.)

Just found out from the TSS that Disney Waived ROFR

BWV 77 banked 2012 pts. June UY 150pt Contract! $73 per pt
Buyer pays Main. Fees & Closing Costs.

Timeline:

4/11 put in offer/seller countered

4/12 accepted counter
signed contract & mailed deposit

4/15 Contract was sent to Disney

5/06 Disney waived ROFR!!!!!!!!!

We cannot wait to take our first trip "Home"!

 

[arachnib]

Wonderful, Lorie! Congratulations. You're one of the first BWV to be posted lately. I've been watching.

Just received email notification from the TSS, we made it through. Sent to Disney on the 11th of April, passed on the 6th of May. Yippee! I know the price is higher (but no where near what Disney would sell it for), but it is fully loaded and we are excited. We now own AKV 270 points purchased directly from Disney in 2008 and BWV 150 points. Thinking about adding BCV and or BLT.

I would like to express my gratitude for all who contribute to this thread. The eduction was priceless.

Lorie

 

[5 Mouseketeers]

We closed on our SSR 320 contract on 4/26, waiting patiently for our welcome packet. It had 250 banked points, and all of the 2013 (and beyond) points available. Listed at $62, paid $56 with buyer paying closing and MF's. Not sure if its the best deal, but the timing was pretty good. We agreed on a price on 3/2, and it was sent to ROFR on 3/8...right before the price increases were announced.

We're excited and can't wait to book the first trip!

 

[dbs1228]

Please post what you hear an when you get check. Did you pay extra for overnight mail?

No did not pay for overnight - the last contract we sold a few years ago during another crazy busy resale time I had the check with in 5 days after closing. The contract we are trying to buy is in ROFR now so if it passes I will not need the funds for another few weeks anyway.

I will keep you posted - good luck on your payment - fingers crossed it will be soon for you!

 

[MasonDuo]

Nope didn't sign an addendum for anything. The only other thing I can think of is if the broker isn't telling me the correct day they sent it to ROFR (4/2). I guess I'll see how day 35 goes.

 

[nd43]

Getting really annoyed with DVD....day 34 has come and gone with no word on our BWV contract. It's only 150 points - can't imagine what is taking so long. Followed up again with TSS today and haven't heard back yet. Last week they said by may 14th which would put us at 41 days - so confused.

Given I am on day 28, I find this confusing as well. I was told Disney loses its ROFR after 30 days, so basically, on day 31 the contract is yours because Disney no longer has a right to take it? You should be going to closing now and do not need to wait for Disney from my understanding?

 

[lovin'fl]

Page 142 updated.

 

[tb1972]

We've been in the market for OKW small add on for quite some time. We wanted the same UY as our existing contract - Dec. Today, there was good news from ResalesbyDVC! The original buyer backed out of a contract we bid on weeks ago. 40 pts / $70 ppt. 24 pts for 2013 and all pts forward. We just need a small amount and this fits the criteria.

We passed ROFR. Notified this morning right at the 30 day mark. $70/pt for 40 pts OKW Dec. UY. 24 pts available 2013 and all pts forward.

We are hoping to get the pts added quickly so we plan an anniversary trip this Fall.

 

[moreisgood]

Given I am on day 28, I find this confusing as well. I was told Disney loses its ROFR after 30 days, so basically, on day 31 the contract is yours because Disney no longer has a right to take it? You should be going to closing now and do not need to wait for Disney from my understanding?

I believe you are correct. The company has 30 days to make a decision, and then their opportunity is over. I am a real estate agent, and that's how it works on a condo situation where a Right of First Refusal exists.

Unless the resale company is telling you the wrong day.

 

[Countryrunner262]

I'm sure this has been previously discussed, but does Disney handle ROFR on certain days of the week? Just curious if it was a week thing, or more frequently. We just went into ROFR yesterday, so I know I have awhile, just curious.

 

[lovin'fl]

I'm sure this has been previously discussed, but does Disney handle ROFR on certain days of the week? Just curious if it was a week thing, or more frequently. We just went into ROFR yesterday, so I know I have awhile, just curious.

Mostly folks hear on Tuesdays...but could be Mon or Wed as well.

 

[z28wiz]

VERO BEACH 150 point AUG UY, all points available from 2013 on, 36 ppt seller pays 2013 dues & buyer pays closing submitted to ROFR 5/4/2013

WL 28 Point contract AUG UY 87 ppt 53 points available for 2012, 25 are banked points that will expire 7/31/13. 2013 on all points, buyer pays closing, 2013 dues and 195 fee. Submitted to ROFR 04/30/2013

OKW 25 Pt AUG UY EXTENDED CONTRACT 80 ppt no 2013 points, all points 2014 forward. Buyer paying closing. Submitted to ROFR 4/26/2013

OKW 30 PT AUG UY EXTENDED CONTRACT 80 ppt no 2013 points, all points 2014 forward. No closing costs since combined with above in one contract. Submitted to ROFR 4/26/2013

BWV 30 PT DEC UY 78 ppt 22 2013 points, all points going forward. Buyer pays closing and dues. Submitted to ROFR 4/27/2013

 

[lovin'fl]

VERO BEACH 150 point AUG UY, all points available from 2013 on, 36 ppt seller pays 2013 dues & buyer pays closing submitted to ROFR 5/4/2013

WL 28 Point contract AUG UY 87 ppt 53 points available for 2012, 25 are banked points that will expire 7/31/13. 2013 on all points, buyer pays closing, 2013 dues and 195 fee. Submitted to ROFR 04/30/2013

OKW 25 Pt AUG UY EXTENDED CONTRACT 80 ppt no 2013 points, all points 2014 forward. Buyer paying closing. Submitted to ROFR 4/26/2013

OKW 30 PT AUG UY EXTENDED CONTRACT 80 ppt no 2013 points, all points 2014 forward. No closing costs since combined with above in one contract. Submitted to ROFR 4/26/2013

BWV 30 PT DEC UY 78 ppt 22 2013 points, all points going forward. Buyer pays closing and dues. Submitted to ROFR 4/27/2013

You've been busy! Good luck with ROFR!!

Updated page 142.

 

[dbs1228]

Please post what you hear an when you get check. Did you pay extra for overnight mail?

Got an email back from *** (Brenda is great btw) and she said Disney notified them yesterday and the check was mailed hopefully by Thursday it should be here.

 

[disfanforlife]

My BWV points were loaded this afternoon and I made our first reservation for MARCH 2014! Thank you all for answering all of my pesky questions. VERY HAPPY NOW!