ROFR Thread April to June 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Jmazzuca243]

Def seems that It might be good news if Disney is dragging their feet. I’ve seen a few taken contracts come back in about 3 weeks time.

I think some of the delay come from the agent your using. Some agents and title companies are super on top of informing buyers that they passed. Others no so much.

 

[PearlyJoy]

PearlyJoy---$128-$19810-150-BWV-Apr-0/20, 62/21, 150/22, 150/23- sent 4/15, passed 5/8

Seems like a mother's day pixie dust to me. Every price is a right price when it passes ROFR

 

[KAT4DISNEY]

Buyer then loses deposit. We can't afford to do that.

Not if it has passed the closing date. Technically they could cancel and get the deposit refunded as the terms of the contract were not met.

 

[MICKIMINI]

Any chance having a Canadian seller will make mine more likely to pass?

Shanelle3---$116-$20511-160-AKV-Dec-0/20, 160/21, 160/22-International (CAN)- sent 4/21

Based on what’s been taken, I’m not feeling confident. Looking for reasons to hold out hope (and getting seriously impatient).

I've bought two from Canadians and both passed. Great price fingers crossed. It gives you an edge for sure! Good luck!

 

[MICKIMINI]

When ROFR is exceeding 30 days could it be that the title company didn't send out the request as soon as they've indicated? Just thinking that perhaps it's not always Disney that is holding things up. Regardless I would expect everyone to hear in 30 days or less with the dropoff in activity.

I think you have a point. I've had some go to ROFR the day we bid, signed and did a CC deposit. Others seem to take a week or so. Same broker. As long as it passes, we don't care that much anymore. If I had a trip planned I'd feel differently.

 

[Paul Stupin]

As a seller, I would insist that the title company proceed with closing if we were getting close to the date, especially since most are 60 days, since the buyer can walk away.

I do agree it has probably never happened because Disney has typically responded within the 30 days. It’s only been this past year that is has exceed that timeline more regularly.

But a buyer may not want to and could walk away anyway.

Rather than walk away, as a buyer I’d have the title company or broker contact DVC and push for an answer. At that point it would probably just be an error which they’d resolve.

 

[Ruttangel]

Again I’m speculating but I agree with what someone else said previously, if there’s 2021 points then the dues will be probably owed by the buyer and Disney doesn’t want to pay those on top, so let them pass unless your PPP is stupidly low

I don't think this is an issue, I bought a contract from a person owing dues and it comes off the amount the seller gets.

So if contract taken Disney gets to step in as the buyer and also gets a dues credit from seller

 

[JETSDAD]

I don't think this is an issue, I bought a contract from a person owing dues and it comes off the amount the seller gets.

So if contract taken Disney gets to step in as the buyer and also gets a dues credit from seller

That would be if the seller simply hadn't paid their dues not if the dues were being paid by the buyer due to receiving those points. If the buyer is reimbursing dues for points then that is on top of the price per point.

 

[MICKIMINI]

MICKIMINI---$65-$4515-50-VB-Oct-0/19, 0/20, 50/21, 50/22- sent 4/13, passed 5/10

No big surprise here! Good luck to all mid-April folks as it looks like DVC worked the weekend!

 

[hhisc16]

Wow, what a shortage of small contracts right now! We weren't expecting to get Hilton Head, however, we have contracts at Saratoga and Old Key West to secure our WDW time and realized that without owning at HH it's really hard to get in there for the summer months! These points will allow an occassional trip to HH which I have a feeling we will enjoy (perhaps waiting until the refurb is done though). They will also mix in with our others and push us into the 1-bedroom zone which will make reservations so much easier. I had to really consider the maintenance fee aspect but, it's a small contract and being a part of this club isn't cheap or necessarily for the faint of heart. Looking forward to more plotting and planning for the next trip!

2thecastle---$70-$4558-50-HH-Aug-0/19, 0/20, 39/21, 50/22- sent 5/3

That is a great deal!
I am curious to where you found this!
I just closed on a 50 point at HHI for 75/point.
I just started on a 25 point at HHI for 81/point.
These small contracts are hard to find, especially at HHI!

 

[Lee Matthews]

I’ve emailed my broker and title company and neither have heard back on my AKV contract submitted on 4/17 but they say they are getting replies on slightly earlier ones. Any day now…

 

[Prince John Robin Hood]

Great way to start the week

Prince John Robin Hood---$169-$34597-200-VGF-Feb-0/20, 0/21, 200/22- sent 4/14, passed 5/10

 

[ILoveMyDVC]

That is a great deal!
I am curious to where you found this!
I just closed on a 50 point at HHI for 75/point.
I just started on a 25 point at HHI for 81/point.
These small contracts are hard to find, especially at HHI!

Use this site - there are 4 small HH
***************************
oops look slike the aggregater is blocked. Try here: https://www.****************.com/

 

[BigDaddyLaBouff]

DVC can divide large contracts into smaller ones.

Was not aware they do that. I thought only if they have a buyer presently looking for a resale contract at that resort you own then they check inventory of ROFR pending and if they see a match they grab it.

 

[BigDaddyLaBouff]

Great way to start the week

Prince John Robin Hood---$169-$34597-200-VGF-Feb-0/20, 0/21, 200/22- sent 4/14, passed 5/10

Congrats!!

 

[BigDaddyLaBouff]

Use this site - there are 4 small HH
***************************
oops look slike the aggregater is blocked. Try here: https://www.****************.com/

What is the attraction of multiple small contracts vs. a larger one?

 

[Alegria1004]

Good morning everyone!! Good news today

Alegria1004---$155-$20015-125-PVB-Aug-0/19, 0/20, 0/21, 125/22- sent 4/16, passed 5/10

 

[ILoveMyDVC]

What is the attraction of multiple small contracts vs. a larger one?

I don't know other than potential disposability or having ownership at multiple resorts or affodability. I'm not a fan.

 

[jwmob91]

Update! Figured a CC at this price would go through, but still had that wave of relief sweep over. Good luck everyone!

Jwmob91---$152-$40353-250-CCV@WL-Dec-0/19, 134/20, 250/21, 250/22- sent 4/16, passed 5/10

 

[Headless Horseman]

So excited to have passed on our first DVC! Probably would have been locked out of the Polynesian at the current $170+ pricing - both financially and mentally!

Headless Horseman---$147-$34607-230-PVB-Apr-0/20, 0/21, 230/22- sent 4/16, passed 5/10