ROFR Thread April to June 2018 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[POTCfan]

My contract says the holding points expire on 11-30-18.

I think my seller started to have since difficulty getting to Disney because there are 300 extra points in my contact. A broker told me that there was no way Disney would pass, but they did!!!!

Yeah, holding points will expire at the end of the Use Year. The 60 day limitation on holding points means you can only book something 60 days out (or sooner) from the day you book it. This means you have less availability... but it is still possible to find availability, you just have to be more flexible on when and where you stay.

 

[DaveNan]

DaveNan---$97-$15984-150-SSR-Sep-110/17, 150/18, 150/19- sent 4/12, passed 5/2

Passed!!! I asked the seller to bank the 2017 points before submission to rofr and they complied.
Good luck to all others.

 

[Unicorn Dreams]

This is such a great contract! Congrats! I’m jealous!

Thanks!!!! I thought so and happy to be on the monorail. Disney took my AKV

 

[Thumper729]

DaveNan---$97-$15984-150-SSR-Sep-110/17, 150/18, 150/19- sent 4/12, passed 5/2

Passed!!! I asked the seller to bank the 2017 points before submission to rofr and they complied.
Good luck to all others.

Awesome...Congrats...

 

[Lola_Stark42]

I am pretty positive mine is going to go the full 30 days, and Disney is taking it. Still checking my email 100 times anyway.

 

[darby888]

Very interested to see how your closing timeline goes since this is handled differently than the other DVC's properties!

This was back in ‘13 sold a VGC contract thru **** ***** while still living in CA and then turned around a month later and purchased a SSR contract thru Jamie at Timeshare store (very efficiently lady) and don’t remember feeling a difference back then. Now the VGC direct contract was complicated as I try to closed prior the resorts opening. Had to wait til my trip to WDW to get FL DVC to notarized my contract.

 

[Bruin_mouse]

Yeah holding points need to be used within 60 days of the original trip.

I bought a contract with holding points as well. I'm 99% sure that trips booked with holding points are restricted to a 60 day or less booking window, not to a trip within 60 days of your original trip.

Holding points do have to be used in that UY though. No banking or borrowing.

 

[Jerry5788]

I bought a contract with holding points as well. I'm 99% sure that trips booked with holding points are restricted to a 60 day or less booking window, not to a trip within 60 days of your original trip.

Yes I have seen people say that too - seems I confused it up!

 

[KAT4DISNEY]

Florida law specifies that the buyer has the right to choose the title company. I suppose, in turn, that allows them to choose themselves (which could technically be yet another subsidiary/internal company).

Sure, when an offer is made. But with ROFR which is buying it at the exact same terms? It seems unlikely they could change it. And it would be shafting a company already working on the process.

 

[Bruin_mouse]

Yes I have seen people say that too - seems I confused it up!

It's okay, it's a very confusing concept. I went round and round reading about them because I thought about renting them out, but it was too much trouble so I just ended up booking a night at Poly for my buddy's in laws that live in Orlando. They're going to use my DVC points before me.

 

[KAT4DISNEY]

I don't really understand the holding all too well. I would probably do boardwalk or animal kingdom. I took the babies to animal kingdom in January and it was too cold to go outside. It was like 35. They were so sad whenever we walked by the pool.

Points in holding have a restriction placed on them in that you can only use them to book a stay that is 60 days or less out. So at this time you could book nights for a stay between today and July 1st. Tomorrow you'd be able to book as far out as July 2nd and so on. The points will expire at the end of the UY they are in.

I know you were wondering what to do with these points. I have a contract I just bought that is coming with 50 banked points that while not in holding will expire Sept 30th. My intent is to rent them out. I have a family member that might be interested in using them as they are doing some work in Orlando this summer but most likely I'll rent them. For 150 points a broker will also work with you to rent them out. It will be a lower price per point as they are restricted but it's a large enough amount they would do it I believe.

 

[KAT4DISNEY]

But would this be a transfer in this case? would a reservation still have to be made?

Points in holding actually can be transferred as long as they are current year points. In this case they are probably banked as it looks like all the current points are still available. Once a point is either banked or borrowed it cannot be transferred. The poster is going to have to rent out a reservation.

 

[Beesknees6]

Thanks!!!! I thought so and happy to be on the monorail. Disney took my AKV

Our next contract will be a monorail resort..(probably poly)... but that won’t be for awhile.

 

[jenr812]

I feel bad for you .... Will you try again?

I'm looking but not finding ANYTHING at the moment. I'm discouraged but will try again.

 

[Jerry5788]

Sigh still radio silence from the mouse - I will chalk this up to taken!

 

[Lola_Stark42]

Sigh still radio silence from the mouse - I will chalk this up to taken!

Same.
When was your submitted?

 

[Jerry5788]

Same.
When was your submitted?

About a week after you, 4/11

 

[Lola_Stark42]

lola_stark42---$74-$17273-220-OKW-Oct-0/17, 10/18, 220/19- sent 4/3, taken 5/2

Well that’s that. Not even remotely surprised, but it would have been a great deal. Time to go find another...

 

[TexasChick123]

lola_stark42---$74-$17273-220-OKW-Oct-0/17, 10/18, 220/19- sent 4/3, taken 5/2

Well that’s that. Not even remotely surprised, but it would have been a great deal. Time to go find another...

I’m sorry. At least now you know, and you’re free to look at other listings!

 

[NHLFAN]

Bummer...onto the next offer!

NHLFAN---$103-$11631-100-AKV-Dec-184/17, 100/18, 100/19- sent 4/5, taken 5/2