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

[OneLittleSpark2014]

It seems very quiet here but according to their FB page, DVC resale market, had about 60 ROFR waived this week.

Wow! Thanks for the tip! We've been waiting for ROFR (second attempt) on a contract with DVC Resale Market and I had no idea that they posted this stuff on the FB page, so I checked it out and low and behold OUR NAME IS ON THE LIST OF PASSES FROM YESTERDAY AFTERNOON! But no email yet, so I called them today to confirm since we have a kind of common last name and nobody can totally confirm it until certain people are back in the office on Monday and they can check certain documents. They could only verify that it was submitted on 4/27 and Disney reviewed it on the 8th, which sounds like the correct timing, right? But the list this guy was looking at hadn't updated yet. This is so frustrating! What are the odds of someone with the same last name having a contract with the same company at ROFR at the same time? Uh, I guess we're cautiously optimistic? I'll update as soon as I get some kind of confirmation. I want to celebrate but I'm still nervous that maybe someone made a mistake or something!

 

[Gryhndmom]

Not sure if this is the appropriate thread to ask this question. I could post a separate thread.

If I buy two resale contracts from the same broker at around the same time (but different sellers), and they both pass ROFR and use the same closing title co, do I just pay 1 closing cost or they would still charge twice for the work done on closing 2 contracts?

We have not bought two contracts at the same time but I would venture a guess that it will be two closing costs as they are separate contracts. Since you are buying both from the same resale company I would check with them.

 

[motherof5]

No. I updated on here about 2 weeks ago that it was taken

I'm so sorry.

 

[motherof5]

hoserland---$115-$20040-160-AKV-Dec-102/17, 160/18, 160/19- sent 4/24, passed 5/11

So happy for you. You didn't have to wait that long,and finally AKV are passing!

 

[motherof5]

Tinks624---$93-$7140-70-OKW(E)-Aug-0/16, 0/17, 0/18, 70/19- sent 4/15—taken 5/11

So sorry. Thought this would pass since no points until 2019

 

[KAT4DISNEY]

It seems very quiet here but according to their FB page, DVC resale market, had about 60 ROFR waived this week.

I gotta say I'd be annoyed about finding my name on a post like that unless I had given them permission. Sure it all ends up as public record but it doesn't need to go out to facebook IMO.

 

[NewbieMom]

We have not bought two contracts at the same time but I would venture a guess that it will be two closing costs as they are separate contracts. Since you are buying both from the same resale company I would check with them.

Thanks, we haven't offered on another contract yet. We have one in ROFR right now and thinking about adding a 2nd one. I'll ask the broker if we end up getting a 2nd contract with them.

 

[Jerry5788]

We have not bought two contracts at the same time but I would venture a guess that it will be two closing costs as they are separate contracts. Since you are buying both from the same resale company I would check with them.

I have asked my broker this and they said unfortunately not. I am sure it is less work but don’t think they care.

 

[Bruin_mouse]

We have not bought two contracts at the same time but I would venture a guess that it will be two closing costs as they are separate contracts. Since you are buying both from the same resale company I would check with them.

I'm buying two resale VGC contracts at the same broker from the same seller. I asked the broker this question and his manager said I'll save maybe $100 or so.

 

[Jerry5788]

I'm buying two resale VGC contracts at the same broker from the same seller. I asked the broker this question and his manager said I'll save maybe $100 or so.

Yeah I’m have heard when same seller and same buyer. I am going to follow up again on Monday

 

[TexasChick123]

I'm buying two resale VGC contracts at the same broker from the same seller. I asked the broker this question and his manager said I'll save maybe $100 or so.

I bought 2 VGF contracts from the same seller last year. It saved me a ton in CC. They only charged me the extra recording fees (maybe $10 extra) because the broker wrote up the deal as one contract with both sets of points listed. I don’t know if this is what made the difference, but I didn’t pay double closing costs.

 

[Gryhndmom]

Yeah I’m have heard when same seller and same buyer. I am going to follow up again on Monday

Yes do check on Monday as this could save you some money. Believe @NewbieMom had (or will have) two different sellers so she probably won’t get to combine closing costs.

 

[Whositsgalore]

I bought 2 VGF contracts from the same seller last year. It saved me a ton in CC. They only charged me the extra recording fees (maybe $10 extra) because the broker wrote up the deal as one contract with both sets of points listed. I don’t know if this is what made the difference, but I didn’t pay double closing costs.

Kicking myself now...when we made an offer on a contract 2 weeks ago the same seller had another contract same UY and it was perfect. If I had even thought to ask we would have probably gotten them both. Truly a case of live and learn.

 

[TexasChick123]

Kicking myself now...when we made an offer on a contract 2 weeks ago the same seller had another contract same UY and it was perfect. If I had even thought to ask we would have probably gotten them both. Truly a case of live and learn.

I tried to repeat this with my BLT add on, but I couldn’t find any sellers that had multiple smaller BLT contracts listed with any reasonable amount of points coming on in the next year. Oh well.

Just wanted to add that small BLT add-on goes for $160pp stripped. Not a great deal right now, unfortunately.

 

[Jerry5788]

Yes do check on Monday as this could save you some money. Believe @NewbieMom had (or will have) two different sellers so she probably won’t get to combine closing costs.

Mine are different sellers so that’s why I really haven’t bothered but will reach out Monday

 

[Bruin_mouse]

I bought 2 VGF contracts from the same seller last year. It saved me a ton in CC. They only charged me the extra recording fees (maybe $10 extra) because the broker wrote up the deal as one contract with both sets of points listed. I don’t know if this is what made the difference, but I didn’t pay double closing costs.

I'm glad to hear this! Mine was written up as one contract as well. It sounded like they were guessing when they said that to me, so hopefully I end up saving the same amount as you.

 

[Whositsgalore]

Has anyone heard if their contract passed ROFR this weekend?

 

[NewbieMom]

I bought 2 VGF contracts from the same seller last year. It saved me a ton in CC. They only charged me the extra recording fees (maybe $10 extra) because the broker wrote up the deal as one contract with both sets of points listed. I don’t know if this is what made the difference, but I didn’t pay double closing costs.

This is good to know! Unfortunately, I waited too long to act on the SSR contract from my same broker (and just found out Saturday it's the same seller of my AKV contract). It went pending this weekend. It's difficult to know if a seller has multiple contracts for sale esp with different home resorts unless the broker tells you. It might have pushed me to take the SSR contract earlier as well, had I known.

But I guess my heart wasn't really in SSR anyway, so it's a good thing. Good info to keep in mind for future reference.

 

[OneLittleSpark2014]

Wow! Thanks for the tip! We've been waiting for ROFR (second attempt) on a contract with DVC Resale Market and I had no idea that they posted this stuff on the FB page, so I checked it out and low and behold OUR NAME IS ON THE LIST OF PASSES FROM YESTERDAY AFTERNOON! But no email yet, so I called them today to confirm since we have a kind of common last name and nobody can totally confirm it until certain people are back in the office on Monday and they can check certain documents. They could only verify that it was submitted on 4/27 and Disney reviewed it on the 8th, which sounds like the correct timing, right? But the list this guy was looking at hadn't updated yet. This is so frustrating! What are the odds of someone with the same last name having a contract with the same company at ROFR at the same time? Uh, I guess we're cautiously optimistic? I'll update as soon as I get some kind of confirmation. I want to celebrate but I'm still nervous that maybe someone made a mistake or something!

IT'S NOT US! I can't believe this! My husband spoke to someone with DVC Resale Market this weekend and they told him "Congratulations! It looks like you passed!". I spoke to someone else who said "I can't 100% confirm it but it looks like you've passed." but I just got an email back saying it's a different family. We spent the weekend pretty sure we'd passed but NO! Ugh!

 

[TexasChick123]

IT'S NOT US! I can't believe this! My husband spoke to someone with DVC Resale Market this weekend and they told him "Congratulations! It looks like you passed!". I spoke to someone else who said "I can't 100% confirm it but it looks like you've passed." but I just got an email back saying it's a different family. We spent the weekend pretty sure we'd passed but NO! Ugh!

Oh no. I’m so sorry. That’s really annoying!