Financing resale question

[daisyx3]

I was notified yesterday that our resale has gone to ROFR. I was headed to my credit union when I thought hey, what if disney buys the points and I have a loan I don't need? Should I wait until it passes ROFR? it's a small amount.

 

[Sandisw]

You can always apply and ask for a delayed disbursement. This way, you know you are set so when you need, it, you can just have them release the funds.

 

[CanadaDisney05]

If it's an open loan, you can always pay it off if the contract gets taken in ROFR. I also assume if it does get taken, you will try again, so you will still need the loan anyways

 

[daisyx3]

Thanks! My girl at the credit union was at lunch when I stopped, and is off the rest of the week, so it will have to wait until the weekend.