ROFR Thread April to June 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Einstein509]

Thank you! I finally took the advice of buy where you want to stay. It was so very much, extremely hard to get over the 2042 expiration, but in the end, it’s where I hope to own. Everywhere else, including thoughtfully considered VGF direct, are financially smarter purchases perhaps, but are acceptable resorts in only my opinion. And it’s funny that you and Cap’n A are the 2 postings I look forward to reading the most. And the mods. Here’s.

That's how we looked at BCV. You can't beat the proximity to the back entrance to EPCOT, pool is great, the size of the resort makes it a bit more intimate.

Only downside is they stopped serving all you can eat crab legs at Cape May (upcharge single serving now), but you still get that wonderful fishy smell.....aww the nostalgia. Overall, you got a pretty good price, good luck in the ROFR process.

 

[RKS03]

Buyer backed out 5/31/22

That’s rough. At least you get a part of the deposit since after 10 day period, right?

 

[pkrieger2287]

ROFR Monster Hangry...

 

[Sandisw]

Ugh. Please keep us posted on this. My close date is in 7 days and was hoping to hear from Disney any day. I guess they are behind schedule.

My deed was recorded yesterday…10 days after official closing date…talked to them and they said my funds could take two more weeks. Definitely a slow process

 

[larry47591]

My deed was recorded yesterday…10 days after official closing date…talked to them and they said my funds could take two more weeks. Definitely a slow process

Feels like it's on purpose. They do not want people buying or selling and they have the money to make it a living nightmare right now.

 

[Sandisw]

Feels like it's on purpose. They do not want people buying or selling and they have the money to make it a living nightmare right now.

I was told that they don’t have but one person dedicated to it and was out with a family emergency. I have heard it being done much faster in the past.

But, the ROFR activity is also much higher lately so it could be that as well.

You are right though…they really don’t care about resale transactions and if the market suffers, all good for them.

 

[CaptainAmerica]

Has anyone closed with TRCS? They're friendly enough, but lord are they sloooooow.

 

[CaptainAmerica]

ETA: I did just read the language and really, it just says they must notify you before closing that they will exercise and if they fail to, you can close the contract. So, I am not sure there is any recourse legally for them to have reversed their decision.

That's correct. There's not really any such thing as "declining to exercise ROFR." There's exercising ROFR, which they can do right up until the closing date, and there's not exercising ROFR. The fact that they tell us when they don't plan on exercising ROFR is just a courtesy, it's nothing they're obligated to do.

 

[hobbes42]

Has anyone closed with TRCS? They're friendly enough, but lord are they sloooooow.

I closed with them a couple of weeks ago. They are very slow including with email responses. I will insist on another title company next time.

 

[Jimmy Geppetto]

Has anyone closed with TRCS? They're friendly enough, but lord are they sloooooow.

Is this your AUL contract? If so... I don't think any title companies on the island move at a mediocre pace.

 

[LadybugsMum]

Has anyone closed with TRCS? They're friendly enough, but lord are they sloooooow.

I did. After just over 2 weeks and no closing docs, I emailed the broker and the TRCS contact (early Jan). I was told that they were waiting until a couple weeks before the closing date (mid-Feb). I replied that other brokers/title companies would send closing docs within a couple weeks of passing ROFR/estoppel. No response to that email, but I received my closing docs the next day. My deed was recorded a week later and I had the contract added to my account by Jan 21.

 

[wnielsen1]

That's correct. There's not really any such thing as "declining to exercise ROFR." There's exercising ROFR, which they can do right up until the closing date, and there's not exercising ROFR. The fact that they tell us when they don't plan on exercising ROFR is just a courtesy, it's nothing they're obligated to do.

Agree, although I will add if they issue a waiver and then turn around a few weeks later and take the contract, doing such a thing might be permitted under the rules/laws/whatever, but it is just not good business. I suspect we are not getting the full story here (from the broker and/or Disney).

 

[Huskerpaul]

Has anyone closed with TRCS? They're friendly enough, but lord are they sloooooow.

Yes we just did on a BWV contract. They seemed kind of slow to me -but first contract. However, our broker did a great job of under promising on how long each step would take, so they were within the two weeks when I was told 2-6 weeks.

The thing that made me most upset was they spelled our last name wrong for my wife (mine was correct right before her name) and they got our address wrong. So they had to fill out two things on the deed, our names and address, both wrong. I caught the mistakes when they sent over the draft deed, but I don't think this is great work on their part. Probably trying to train new people like most every business around today.

 

[Mexacajun]

Mexacajun---$155-$33232-200-VGF-Jun-0/21, 400/22, 200/23- sent 6/1

@pangyal I think this is the last one I am gonna get for a while and it is my 4th different Use Year but it was a good deal and I really wanted VGF after touring it a couple weeks ago. I will have to have some nifty spreadsheets to manage my contracts but isn' that part of the fun???

 

[pianomanzano]

Mexacajun---$155-$33232-200-VGF-Jun-0/21, 400/22, 200/23- sent 6/1

@pangyal I think this is the last one I am gonna get for a while and it is my 4th different Use Year but it was a good deal and I really wanted VGF after touring it a couple weeks ago. I will have to have some nifty spreadsheets to manage my contracts but isn' that part of the fun???

Let me know if you cancel it. That's my UY! lol

 

[Ginamarie]

Mexacajun---$155-$33232-200-VGF-Jun-0/21, 400/22, 200/23- sent 6/1

@pangyal I think this is the last one I am gonna get for a while and it is my 4th different Use Year but it was a good deal and I really wanted VGF after touring it a couple weeks ago. I will have to have some nifty spreadsheets to manage my contracts but isn' that part of the fun???

I have three membership numbers now and have vowed NO MORE (but if a good deal comes around… I may break. That’s how I wound up with three already). GFV at $155 is a steal.

 

[Ginamarie]

Ok so the DVC current promotions end tonight. What are the chances we see AKV and SSR direct discounts tomorrow? After raising the price to $200, I could definitely see incentive pricing now to make it look cheaper again.

 

[Azndjdude]

Mexacajun---$155-$33232-200-VGF-Jun-0/21, 400/22, 200/23- sent 6/1

@pangyal I think this is the last one I am gonna get for a while and it is my 4th different Use Year but it was a good deal and I really wanted VGF after touring it a couple weeks ago. I will have to have some nifty spreadsheets to manage my contracts but isn' that part of the fun???

Awesome pricing.

 

[Azndjdude]

Azndjdude---$165-$13808-80-CCV@WL-Dec-0/20, 0/21, 160/22, 80/23-Seller Pays Closing- sent 5/28

 

[alohatok1986]

Ok so the DVC current promotions end tonight. What are the chances we see AKV and SSR direct discounts tomorrow? After raising the price to $200, I could definitely see incentive pricing now to make it look cheaper again.

I hope so!