Your ulcer is going to continue to bother you until you hear.
I just got ROFR'ed at under $76/point but the seller was paying MF and all 2013 points were there. I had a June UY.
BUT, someone else got ROFR'ed recently at $77/point, only partial points in 2013, no closing until December, and buyer paying MF. That had a Feb UY.
I thought I might be OK but after that $77/point deed, I knew I was doomed.
Prices are up $10/point in the month since we made our offer. Disney knows this and knows not exercising ROFR now means paying more later.
I've been reading for several weeks about the BCV waiting list bring a mile long. People have been waiting months. I suspect most are informed buyers and know an earlier UY is better. With the April UY you mentioned in another post, The Mouse may have a big target on your back.
I think the delayed closing on the $77/pp contract is big reason that got ROFR'd. Upon closing, Disney would not have to hold onto it long before they are able to sell it. With a delayed closing until December, Disney probably would not have actual ownership (seller signs/returns closing documents, deed recorded, account transferred) until January. They would only have to hold onto the contract until February 1 before they could sell it. In addition the contract had 80 points from 2013 that I wonder if Disney could sell as cash reservations (similar to how those who use their points for cruise) to reduce the cost of the contract. In addition, since the seller was paying the MF on those 80 points. If they got around $12.5 (picked average between $10-$15 for those 80 points, it would bring the cost pp down to $72.20 + closing costs for Disney. Since Disney prepares closing documents when they ROFR, I am guessing it is the cost of recording with OCC & title search which is less than we as buyers pay to title companies??
This passed on 6/3:
Originally Posted by balletgirl2 View Post
BCV 300 PT/ $75ppt OCT UY 72 hold points, 16 Banked points from 2012,all points going forward. Buyer pays closing and dues. Submitted to ROFR 5/7/2013.
Nabas---170 BCV (June), $75.88, '13 & all points forward, buyer pays closing,seller pays mf
For this one, they can sell it right away with all 2013 points. In addition, the seller is paying MF. Once Disney resells the contract, they buyer would pay prorated MF which reduce the cost of the contract to Disney putting in the low $70's.
Submitted BCV 320 points @ 75 pp.. It was submitted to ROFR on 5/21. They only had 77 points from 2013. Seller pay MF and Closing. Buyer pay Fidelity Fee.
As for this one, April UY, Disney would have to add points to sell it right away (only 77 '13 points) which would cost Disney more $$ or hold onto it until April 2014 to sell it. Seller paying MF & closing fee does reduce the price of the contract but does Disney want to tie up over $20k for a contract to hold until April, 2014? I still say I think this contract stands a fair chance. I definitely would not rule it out passing by any means.
According to ROFR data, the only contract that Disney took without complete 2013 points was the one with the delayed closing. Contracted pricing fell in the low-mid $70's with at least all 2013 points & fwd.
ROFR'D - BCV:
Mom23WildBoys --- 150 BCV (Jun), $68, 150 banked '11 pts, all '12 & '13 pts, buyer pays closing, seller pays mf (sub 2/4, ROFR 2/21)
chocky --- 150 BCV (Oct), $70, all '12 & '13 pts (??) (sub ??, ROFR 3/14)
DrMomof3 --- 160 BCV (Aug), $68, all '13 & '14pts, buyer pays closing & mf (sub 3/15, ROFR 4/1)
gatechfan99---200 BCV (Feb), $77, 80 points for '13 and all forward (sub, ROFR 5/29) Can't close until Dec 5
rv2dvc---400 BCV (Feb), $70, 11 banked '13 points and all forward, buyer pays closing and MF on 11 '13 points (sub??, ROFR 5/24)
Nabas---170 BCV (June), $75.88, '13 & all points forward, buyer pays closing, seller pays mf (sub 5/7, ROFR 6/5)
Good luck to everyone in ROFR !!