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

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Now I am very nervous. We wanted to add on to our bcv points. I was going to do it last year but waited thinking points would continue to go down.we went to rofr on 5/24 for 100 points at 70 per point buyer pays admin fee and closing. Seller pays mf no bankeed points
Now I wish we payed a little more per point. Very nervous. Definately need pixie dust
 
Now I am very nervous. We wanted to add on to our bcv points. I was going to do it last year but waited thinking points would continue to go down.we went to rofr on 5/24 for 100 points at 70 per point buyer pays admin fee and closing. Seller pays mf no bankeed points
Now I wish we payed a little more per point. Very nervous. Definately need pixie dust
Sending pixie dust your way pixiedust:
What UY?
 
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.

Now I'm trying to decide if I should add points at VGF while the price is "only" $145/point.

Why is an earlier UY better?

We jut added on at VGF. :woohoo: Our contract is an Oct UY. From what I understand, if an existing member with one contract with an early UY added on at VGF, the memeber would not get 2013 points.

Good luck to those waiting!
 
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 !!
 

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.



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 !!

Thanks.. You made me feel better. I will just sit here and chew away at my nails.. :goodvibes
 
Waiting to hear:
JWG---50 BLT (August), $105, '13 0 points '14 50 points & all points forward, buyer pays closing, seller already paid mf (sub 6/5)

Hoping no points until 2014 is favorable to us. Tried to pick up another 25 point contract but I wouldn't pay the $110+ someone else did.
 
My first try at a contract went to Disney today. SSR 150 pts, 52 pts banked from2012 and all points forward. $68/pt and buyer pays closing and MFs. I'm hoping they let me have it!
 
My first try at a contract went to Disney today. SSR 150 pts, 52 pts banked from2012 and all points forward. $68/pt and buyer pays closing and MFs. I'm hoping they let me have it!

I had a contract very similar. 150 SSR. All 2012 points forward, 69 per point buyer pays MF and closing. We went into ROFR 5/6 and just passed 6/3. I think you will be fine!!! Good luck!
 
2 Contracts out to ROFR yesterday 6/5:

DisneyRegulars --- 150 SSR (Aug), $65, no '13 pts, all '14 pts, buyer pays closing (sub 6/5)
DisneyRegulars --- 150 SSR (Aug), $65, 15 '13 pts, all '14 pts, buyer pays closing & mf on remaining '13 pts (sub 6/5)

Hoping SSR is our new home... :)
 
Mine is also a april uy, which is what i currently do own. So I am nervous about the mouse taking it on rofr. I seem to catch the wrong resale wave. for those of you buying bwv, (which i had been watching for about two years now-same location as bcv, but used to be better prices), those prices dipped down into the 50's, I even saw one contract go in the 40's after dvc made their changes in 2010 or was it 2011? All prices dropped right after the change, and some were able to get great prices! (Unfortunately, I was not one of them, I sat back and watched thinking it would continue to go down, but instead the prices have steadily crept back up).
I had stayed at BWV for the first time last year, in a boardwalk view room...WOW! The view is fantastic! I still would like to add BWV points, but right now, I am focused on BCV since that is where i own.
Biting my nails over this contract:confused3
 
Good Luck to all waiting on ROFR!!!!! :yay: pixiedust:

We just found out we passed this past week, so I can sympathize how stressful this situation is... especially for first timers! :faint:
 
My first try at a contract went to Disney today. SSR 150 pts, 52 pts banked from2012 and all points forward. $68/pt and buyer pays closing and MFs. I'm hoping they let me have it!

I had couple SSR pass in fifties, so you should be fine. Good luck, some pixie dust for you.pixiedust:
 
Good Luck to all waiting on ROFR!!!!! :yay: pixiedust:

We just found out we passed this past week, so I can sympathize how stressful this situation is... especially for first timers! :faint:

I totally agree with your signature... Addonitis is a very expensive disease. Hopefully our first addition will last a while before the disease kicks in again...
 
Mine is also a april uy, which is what i currently do own. So I am nervous about the mouse taking it on rofr. I seem to catch the wrong resale wave. for those of you buying bwv, (which i had been watching for about two years now-same location as bcv, but used to be better prices), those prices dipped down into the 50's, I even saw one contract go in the 40's after dvc made their changes in 2010 or was it 2011? All prices dropped right after the change, and some were able to get great prices! (Unfortunately, I was not one of them, I sat back and watched thinking it would continue to go down, but instead the prices have steadily crept back up).
I had stayed at BWV for the first time last year, in a boardwalk view room...WOW! The view is fantastic! I still would like to add BWV points, but right now, I am focused on BCV since that is where i own.
Biting my nails over this contract:confused3

LOL you sound like me. I also have been watching since 2010, almost bought before the change in 2011, but decided not to. Finally decided to jump on board this year. I was able to pick up a BWV in April (I would have taken BCV too) and now I am trying to add a BLT, which of course prices are rising rapidly on this resort also. I may take a break for awhile and wait until the fall to see if this calms down.
 
I totally agree with your signature... Addonitis is a very expensive disease. Hopefully our first addition will last a while before the disease kicks in again...

:lmao:

I don't know... I haven't even signed the papers on the VWL contract we just got word on and I was thinking "Hmmm... you know... BWV/BCV does sound pretty awesome" :rotfl2:
 
I totally agree with your signature... Addonitis is a very expensive disease. Hopefully our first addition will last a while before the disease kicks in again...

Good luck. I swore after adding on at BLT, I was done for a long while and then VGF came along and the add-onitis flared right back up. The only cure was to sign on the dotted line.
 
Day 23 and still waiting on ROFR..

182 BLT (Feb), $92, 27 banked '12 pts, all '13 points and forward, buyer pays mf and closing (submitted 5/6)

We're getting a bit nervous that they may snatch this up since the contract is loaded!:scared1:
Just wanted to send a quick update. Disney waived their ROFR on 6/3. Looks like we'll be adding an additional 182 points to our existing 270 at BLT! :)
 
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