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

[Lee Matthews]

All of us who submitted 4/16, our time is coming!!

guess or confirmation?

 

[Alegria1004]

guess or confirmation?

It’s a guess, and wishful thinking. Just getting closer, seeing responses on contracts submitted past the first week of April.
I did notice there were many that were sent in 4/16, mine included lol

 

[RunMagicalMiles]

All of us who submitted 4/16, our time is coming!!

Or so you hope! I’ve been waiting since 4/12, still nothing. I’ve loved stalking this thread but it has also lead to heightened anxiety each day, waiting for an answer.

 

[Alegria1004]

I've been a long time watcher of this thread, and am so excited to finally get to post about our first DVC contract! We got nervous when Poly was getting taken at $151 and prices seemed to be on the rise.

askb6410---$154-$25022.50-150-PVB-Aug-0/20, 153/21, 150/22 - sent 4/14, passed 5/6

this makes me so hopeful!! Mine was sent in only two days later for a dollar more per point for 125pts.
congratulations!

 

[babecca1]

I have a question about the 30 days that Disney has to respond to ROFR. I know during the shut down - things were taking longer, but is that supposed to be a fixed time they have to respond to? Or is that just a guideline? I'm seeing a bunch of you that are still waiting beyond that timeframe and I'm a day away from hitting the 30 day mark. Just curious.

 

[JETSDAD]

I have a question about the 30 days that Disney has to respond to ROFR. I know during the shut down - things were taking longer, but is that supposed to be a fixed time they have to respond to? Or is that just a guideline? I'm seeing a bunch of you that are still waiting beyond that timeframe and I'm a day away from hitting the 30 day mark. Just curious.

The rule is that you have to give Disney at least 30 days to respond before you can close however they can take right up until closing if they wish. If closing date comes and they haven't responded then it is deemed to be waived though brokers and title companies don't seem to want to move forward without the waiver.

 

[vicarrieous]

Jun0192---$142-$26802-175-BCV-Aug-0/19, 0/20, 0/21, 175/22- sent 3/30 waiting

Those long waits SUCK! Have you heard anything from your broker if Disney requested additional info or confirm it was sent on that date to ROFR. From a fellow BCV owner, I wish you luck and news soon!

 

[babecca1]

The rule is that you have to give Disney at least 30 days to respond before you can close however they can take right up until closing if they wish. If closing date comes and they haven't responded then it is deemed to be waived though brokers and title companies don't seem to want to move forward without the waiver.

I had no idea. Thanks for this! Now I can set my expectations. Eek!

 

[RunMagicalMiles]

RunMagicalMiles---$110-$18520-150-OKW-Feb-80/20, 150/21, 150/22, 150/23- sent 4/12, passed 5/6

After my feelings of doom 10 minutes ago, I emailed my title company. I actually PASSED yesterday! HALLELUJAH!!!
Post is edited above

 

[AladdinJ]

AladdinJ---$144-$43200-300-PVB-Dec-0/19, 0/20, 300/21, 300/22-Seller pays 50% closing cost- sent 4/13, passed 5/7

DO THE HAPPY DANCE!

 

[babecca1]

After my feelings of doom 10 minutes ago, I emailed my title company. I actually PASSED yesterday! HALLELUJAH!!!
Post is edited above

AladdinJ---$144-$43200-300-PVB-Dec-0/19, 0/20, 300/21, 300/22-Seller pays 50% closing cost- sent 4/13, passed 5/7

DO THE HAPPY DANCE!

Congratulations to you both!

 

[Matty B13]

I had no idea. Thanks for this! Now I can set my expectations. Eek!

Also, most brokers/title companies won't move forward without a ROFR decision from DVC, even if you have passed your closing date. So if you try to force a closure in 35 days from the date you sign your contract, you might not be able to close.

 

[Lee Matthews]

Congrats both for passing. I’m 4/17 so I’m so close, the wait is killing me

 

[bmscott]

bmscott---$130-$23340-165-BWV-Mar-0/20, 165/21, 165/22, 165/23- sent 5/6

 

[jun0192]

I checked a couple days ago and they claimed “No”. I get the impression the dealer is unorganized and behind and not fully confident in them.

I contacted the title company- they confirmed it passed ROFR. Yeah!! Still no word from broker. (ARGH)...

I have been watching for months and watched 2 perfect contracts post and sell in hours yesterday. I missed out on them waiting and hoping my current contract in the works came through (not an ideal contract as it is a different use year). Time will tell if I like it better or not so much with different use year and timeframe. Excited because it was a good price - Beach Club $142/pt 175 points.
So Excited!!! Delayed closing in December which is preferable to me to save up and pay off as much as I can by then!!!

 

[shanelle3]

laurenrebbecca---$117-$19883-160-AKV-Dec-0/19, 0/20, 0/21, 160/22- sent 4/12, taken 5/6

Based on this, my $116 will likely be taken as well . I just wish they’d hurry up and tell me so I can make another offer.

 

[jun0192]

I Have heard nothing... is Disney behind or is it my dealer behind? Delayed December closing.

I just contacted the title company today. They said yes it has passed ROFR. (I have not heard back from broker notifying me yet).

 

[jun0192]

Those long waits SUCK! Have you heard anything from your broker if Disney requested additional info or confirm it was sent on that date to ROFR. From a fellow BCV owner, I wish you luck and news soon!

I just contacted title company. They confirmed it passed ROFR. I still have NOT heard from the broker though. Delayed December closing, so I have time for documents etc and to save and pay off as much as I can immediately.
So Excited for Beach Club!! We currently own 200 pts at Animal Kingdom. Planning to stay at Beach Club December 2022 /New Years 2023!! And hopefully our Anniversary next year.

 

[sndral]

I just contacted the title company today. They said yes it has passed ROFR. (I have not heard back from broker notifying me yet).

W/ my first contract the broker (Fidelity) never did notify me that I’d passed ROFR, I figured out I must have passed ROFR when the title company sent the closing doc.s lol.
You have more patience than I would waiting for a Dec. close, but I can see why it makes sense w/ this contract as there’s no points until August 2022.

 

[PearlyJoy]

PearlyJoy---$123-$20352-160-AKV-Apr-0/20, 1/21, 160/22, 160/23-Closing November- sent 5/4

Since the current ROFR for AKL is sitting at $117 per point, both my earlier contracts in waiting are not going to make it. So I acquired this in anticipation. Fingers crossed