**ROFR Thread 2015 January-June** Please read 1st post for instructions

[RebelSoul]

RebelSoul ---$75-$26,250 (seller pays '15 MF)-350-VWL-Sep-0/'14, 0/'15, 337/'16- sent 5/22

 

[pangyal]

RebelSoul ---$75-$26,250 (buyer pays '15 MF)-350-VWL-Sep-0/'14, 0/'15, 337/'16- sent 5/22

Just curious, are you paying the 2015 MF with no points available, or should it read that the seller is paying that? Good luck either way, that's a nice amount of points !

 

[lovelylady226]

lovelylady226-$100-5,000-50BWV-April-43/'14, 50/'15, 50/'16-Sent 4/27

We passed!! I figured as much since we paid a premium per point for the small contract-but happy to be one step closer to closing!!

 

[pangyal]

We passed!! I figured as much since we paid a premium per point for the small contract-but happy to be one step closer to closing!!

Yay! Congrats

 

[georged1979]

We passed!! I figured as much since we paid a premium per point for the small contract-but happy to be one step closer to closing!!

That's awesome. Now you can join the estoppel thread. Yippee.

 

[RebelSoul]

Just curious, are you paying the 2015 MF with no points available, or should it read that the seller is paying that? Good luck either way, that's a nice amount of points !

Thanks...good catch, now corrected. Seller is paying for 2015 MF and for the used 13 points from 2016. This will be contract #5 for us between AKL, HHI, and VWL. Goal is 1000+ points...almost there if this passes ROFR.

 

[that's nice]

1/2 way down page 39...

dawngayle- $82--150 BWV- Oct.- 0/14, 437/15, 13/16, 150/17 $12,300 Sent 4/10

Passed 5/4 !!

Welcome Home!

I just received notification we passed this morning.

Welcome Home!

↑
$75-$12,551-160-SSR-Mar-0/'14, 13/'15, 160/'16-sent 4/14


Passed 5/8!!!!! We're back home!

Welcome Home!

We passed today 5/11! Took 35 days for us- but yay!!

Welcome Home!

$110-$17,600-160-BLT-Aug 0/'14, 121/'15, 160/'16-sent 4/16

Passed today!! Officially part of DVC!

Welcome Home!

davper---$84-$12,600-160-VWL-OCT-0/'13, 150/'14, 150/'15, 150/'16-sent 5/12

Good Luck!

 

[DVC Doctor]

SSR LOST to ROFR

$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22

 

[pangyal]

SSR LOST to ROFR

$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22

Oh, I'm so sorry! That's a bummer. Nice contract too. That's the first "taken" I've seen in months! I hope they're not getting back into the swing of it .

 

[CMOORE185]

Oh, I'm so sorry! That's a bummer. Nice contract too. That's the first "taken" I've seen in months! I hope they're not getting back into the swing of it .

Shocked they ever ROFR a SSR contract at a reasonable price. They are hard to figure out.

 

[DVC Doctor]

Shocked they ever ROFR a SSR contract at a reasonable price. They are hard to figure out.

Yes, I was bummed they STOLE that from me

 

[georged1979]

Yes, I was bummed they STOLE that from me

I wonder if they'll steal mine too. Mine is a SSR with a March UY as well. But mine has no points until 2016. It's a170 point contract sent for ROFR on May 1st. True bummer for you Doc.

 

[Lakegirl]

SSR LOST to ROFR

$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22

So sorry for you. Better luck next time. How long did they tKe before they took it? I hope they didn't drag their feet on you.

 

[RebelSoul]

RebelSoul ---$75-$26,250 (seller pays '15 MF)-350-VWL-Sep-0/'14, 0/'15, 337/'16- sent 5/22

Cancelled.

DH is a CM. Since the seller just bought a bunch (like 10) contracts since late January this year and only had the above VWL contract a few shorts months, is using points, then selling (delayed closing)...just didn't feel right. Maybe not a big deal to most, but DH isn't willing to risk it being a CM.

Back to resales drawing board.

 

[pangyal]

Cancelled.

DH is a CM. Since the seller just bought a bunch (like 10) contracts since late January this year and only had the above VWL contract a few shorts months, is using points, then selling (delayed closing)...just didn't feel right. Maybe not a big deal to most, but DH isn't willing to risk it being a CM.

Back to resales drawing board.

Out of curiosity, what issues were you worried about with him being a CM and that contract? Just trying to follow

 

[RebelSoul]

Out of curiosity, what issues were you worried about with him being a CM and that contract? Just trying to follow

Has to do with morals clause, he'd rather I leave it at that. We'd just rather not be tied to anything that looks odd...not worth it. Already looking at another similar contract.

 

[suebeelin]

SSR LOST to ROFR

$72-$16,056-200-SSR-Mar-193/'14, 200/'15, 200/'16-sent 4/20, ROFR 5/22

So sorry ;(.

Did seller or buyer pay maint fees for 2014/2015?

I think bc it's $72, the fully loaded aspect/points bring it down to $62 if buyer pays maint fee (accounting for both 2014/2015 poiints). But if seller pays maint fees, it brings the "cost" down to $52.....

 

[suebeelin]

Cancelled.

DH is a CM. Since the seller just bought a bunch (like 10) contracts since late January this year and only had the above VWL contract a few shorts months, is using points, then selling (delayed closing)...just didn't feel right. Maybe not a big deal to most, but DH isn't willing to risk it being a CM.

Back to resales drawing board.

How did you know the seller bought so many contracts?

It does look odd. After closing costs, not sure how one can profit even if the seller is renting the points. I would be a little ambivalent as well.

When we were looking at houses to buy, my hubby wanted one overpriced place on a mediocre area. I researched into them and found out that they liked to "flip" houses and had serious financial issues (many bankruptcies, law suits, credit card delinquencies). I backed out, while hubby protested. It felt wrong. I didn't want to buy from people who I actually disliked

Follow your gut instinct. We ended up buying a better house in a top rated area for marginally more money. After 2yrs, hubby sees how my decision was the more prudent and financially astute decision. Our current house has appreciated considerably. The other place only two miles away? Depreciated.

 

[suebeelin]

I wonder if they'll still mine too. Mine is a SSR with a March UY as well. But mine has no points until 2016. It's a170 point contract sent for ROFR on May 1st. True bummer for you Doc.

It's stripped so it is less likely to be rofr'ed. Curious.. What is your price? If it's crazy low, like in the 50s, maybe it would be taken. But my laypersons opinion is that mid 60s and higher should be fine. I could always be wrong, tho...

 

[RebelSoul]

How did you know the seller bought so many contracts?

It does look odd. After closing costs, not sure how one can profit even if the seller is renting the points. I would be a little ambivalent as well.

When we were looking at houses to buy, my hubby wanted one overpriced place on a mediocre area. I researched into them and found out that they liked to "flip" houses and had serious financial issues (many bankruptcies, law suits, credit card delinquencies). I backed out, while hubby protested. It felt wrong. I didn't want to buy from people who I actually disliked

Follow your gut instinct. We ended up buying a better house in a top rated area for marginally more money. After 2yrs, hubby sees how my decision was the more prudent and financially astute decision.

Thanks for the vote of confidence. And good for you for going with your gut instinct, too!

Orange County Comptroller records...I was honestly just curious when he purchased contract. Then found a bunch more contracts he purchased this year when I searched his name. Just really odd one would buy a decent size contract and sell it within a few months, especially since he just bought yet another VWL contract a few weeks ago at the end of April. The contract we just backed out on, he purchased late February this year. Just too odd for us.