NEW Rejected Offers Thread

[davper]

Resort: SSR
Contract Size: 120
Asking: 104
Rejected: 85 Buyer paying closing

More points than I wanted to addon with. This contract has been listed for 6 months now. They came down $3 on their counter

 

[gvel]

Resort: SSR
Contract Size: 100
Asking: 102
Rejected: 95 Buyer paying closing

Broker wouldn't even submit to the offer as seller stated won't entertain any offers less than $101

This is a very reasonable offer for SSR. I'm guessing brokers/sellers are having a little more leverage recently given the decrease in innventory these past few months. Right now in Dvcforless.com there are around 970 contracts just a few months ago I believe it was closer to 1,400.

 

[VGCgroupie]

Resort: SSR
Contract Size: 120
Asking: 104
Rejected: 85 Buyer paying closing

More points than I wanted to addon with. This contract has been listed for 6 months now. They came down $3 on their counter

Dont give up someone will accept what you are willing to offer.

 

[Gooner357]

Dont give up someone will accept what you are willing to offer.

This !

I reloaded and tried again and got SSR for 82ppt (tried to beat some of the other killer low deals on here but couldn’t but we were very happy). Just need to find the right seller and you’ll get your contract as you’re offering fairly.

 

[mkatsy]

Resort: SSR
Contract Size: 100
Asking: 110
Rejected: 90
Buyer paying closing and partial dues 2025
International Seller

 

[Chili327]

Resort: AUL(s)
Contract Size: 160
Asking: $129
Rejected: $129 seller pays closing

Damn, I hate to walk away from that. lol

 

[LittleBitGoofy]

Resort: AUL(s)
Contract Size: 160
Asking: $129
Rejected: $129 Buyer pays closing

Damn, I hate to walk away from that. lol

So they rejected a full price offer? That's a stinker.

 

[Brian Noble]

(Nevermind I can't read).

But, no, they didn't reject a full price offer. They rejected a full price offer minus closing costs. Money is fungible.

 

[mkatsy]

Can someone explain this to me. I don’t understand why a seller would reject a full price offer? Wouldn’t the broker get irritated.

 

[LittleBitGoofy]

(Nevermind I can't read).

But, no, they didn't reject a full price offer. They rejected a full price offer minus closing costs. Money is fungible.

Hmm. It says buyers paying closing though. Unless maybe there was an edit I missed?

 

[byurick]

Probably because it ended up being a bidding war and they got more than asking price.

 

[Chili327]

Can someone explain this to me. I don’t understand why a seller would reject a full price offer? Wouldn’t the broker get irritated.

Hmm. It says buyers paying closing though. Unless maybe there was an edit I missed?

Yep, they didn't want to pay the closing costs (about $1600 or so). I think that's about $8-10pp. So its understandable. I just was on the edge of even making the offer, so it was more of a sign that I REALLY shouldn't buy now.

Probably because it ended up being a bidding war and they got more than asking price.

No, its still available.

 

[AstroBlasters]

Yep, they didn't want to pay the closing costs (about $1600 or so). I think that's about $8-10pp. So its understandable. I just was on the edge of even making the offer, so it was more of a sign that I REALLY shouldn't buy now.


No, it’s still available.

Over the life of the contracts how much extra per year is that $800?

 

[Chili327]

Over the life of the contracts how much extra per year is that $800?

Not much (800/32=$25), but I'm barely in a position to buy anything right now (still paying on a BLT), but it has been bugging me for months, so I talked myself into it "IF they paid closing". lol

It was more about affording the purchase, not the payments down the road. I may kick myself later, but it is what it is.

 

[Jimmy Geppetto]

Not much (800/32=$25), but I'm barely in a position to buy anything right now (still paying on a BLT), but it has been bugging me for months, so I talked myself into it "IF they paid closing". lol

It was more about affording the purchase, not the payments down the road. I may kick myself later, but it is what it is.

Hard to opine without seeing if it was loaded. But think you did well by missing this one.

The value isn’t there at this price for subsidized when regular Aulani is so much lower.

 

[Chili327]

Hard to opine without seeing if it was loaded. But think you did well by missing this one.

The value isn’t there at this price for subsidized when regular Aulani is so much lower.

Wasn't loaded. It isn't a steal, since its been for sale for months, but I think we figured regular AUL had to be like $90 cheaper to break even at the end of the contract.?

Subsidized is my only shot at being able to stay in a cabin for a few nights (and feel good about it). lol

 

[CarolynFH]

Not much (800/32=$25), but I'm barely in a position to buy anything right now (still paying on a BLT), but it has been bugging me for months, so I talked myself into it "IF they paid closing". lol

It was more about affording the purchase, not the payments down the road. I may kick myself later, but it is what it is.

Wait, so was the offer actually SELLER pays closing? Your post says Buyer (you) would pay closing.

 

[Chili327]

Wait, so was the offer actually SELLER pays closing? Your post says Buyer (you) would pay closing.

Ha, good catch. Maybe that’s what the confusion was.

 

[AstroBlasters]

Ha, good catch. Maybe that’s what the confusion was.

They’ll be a better deal than a stripped contract from a commercial renter…. Was it in your UY?

 

[Chili327]

They’ll be a better deal than a stripped contract from a commercial renter…. Was it in your UY?

It was not, otherwise I would have made the full offer.