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

[princesscinderella]

Interesting. All I have ever heard is to avoid this but in my head, since we travel all year and can travel from a 4-5 hour driving distance I am wondering if this wouldn’t give us more flexibility

Two UYs is nice if you have at least 200 points in each UY and can use them separately. It also allows you to have more waitlists.

 

[CaptainAmerica]

Interesting. All I have ever heard is to avoid this but in my head, since we travel all year and can travel from a 4-5 hour driving distance I am wondering if this wouldn’t give us more flexibility

It's more work to manage, but if you're willing to do the work, it can be valuable. But it only works if each contract is big enough to book trips on its own. If you need to combine your contracts to book anything, it's a royal pain in the butt.

 

[JoeDisney247365]

For those of us who like to travel all year long, having two UY work. Two UY 6 months apart allow us to visit without jeopardizing any points.
We chose April and October then September was an unexpected unicorn Aulani subsidized.

We have April & Oct. as well.

It's more work to manage, but if you're willing to do the work, it can be valuable. But it only works if each contract is big enough to book trips on its own. If you need to combine your contracts to book anything, it's a royal pain in the butt.

We have March and September. I agree it's more work and pre-planning but I like having 2. And yes you need to be able to use each UY for standalone trips, combining is not ideal.

 

[DVCBeachBum]

It's more work to manage, but if you're willing to do the work, it can be valuable. But it only works if each contract is big enough to book trips on its own. If you need to combine your contracts to book anything, it's a royal pain in the butt.

Two UYs is nice if you have at least 200 points in each UY and can use them separately. It also allows you to have more waitlists.

Ah, so there is the trick in it. I have not looked at any resale less than 160 and ideally 200 so that should work nicely. I will have to play with this idea in my head. My sons mid Aug birthday we have always done something Dis and probably always will (he is 23 and has special needs living at home) but the rest of the year is really just throwing darts on the wall to find good times. Goal is enough points/contracts to do 4 4-5 day 2 bedroom stays that we drive to from SC. Will rent out our points occasionally to pay cash for cruises. Besides that Aug trip want nothing to do with the summer heat That’s why we are snow birds.

 

[Paul Stupin]

Another sub $100 AUL listing but it’s 500pts!
it’s actually stripped so I would want a big chunk off that list price. I think $75-80 might get it
https://www.dvcstore.com/listing-detail.cfm?ID=AR500-06-0621

I don’t think I’d ever buy a contract that large, no matter how discounted it’s price. It’s sheer size eliminates any profit in resale. With buyers for such a contract so limited, the only way you could unload that many points would be to offer a discount like the one you initially received. So whatever savings you initially accrue would be given back when you ultimately sell.

 

[Paul Stupin]

JoeDisney247365---$105-$26997-230-AUL-Sep-0/21, 460/22, 230/23- sent 5/27, passed 6/22

Congrats!

 

[Paul Stupin]

We had this issue trying to buy Riviera resale- seller couldn’t afford to go underwater. We wound up buying direct instead.

Ran into the same thing with a 50 point Aulani contract priced at a delusional $194. Seller couldn’t afford to go underwater either, but at that price it will never find a buyer.

 

[Ginamarie]

Ran into the same thing with a 50 point Aulani contract priced at a delusional $194. Seller couldn’t afford to go underwater either, but at that price it will never find a buyer.

Nope- it will sit there indefinitely. Sad for the seller, but it is what it is.

 

[christophles]

christophles---$110-$17590-150-SSR-Aug-0/21, 75/22, 150/23- sent 6/22

I know this is a long shot, but I figured why not give this one a chance. You never know unless you try!

 

[pianomanzano]

Ran into the same thing with a 50 point Aulani contract priced at a delusional $194. Seller couldn’t afford to go underwater either, but at that price it will never find a buyer.

Not sure what the excuse is for that VGF 50 point contract at $220/pt. I would hope they're paid off by now!

 

[Sandisw]

What happens if Disney decides to take back RIV contracts through ROFR? Since they are restricted points, what do they do with them? Start selling RIV restricted points separately, at a lower price from unrestricted points? Do they wave their magic wand and they become unrestricted again? Is there any legal issue with that?

The restrictions don’t apply. The points revert back to DVD as regular points and sold the same as all points. DVD is not considered the same as a regular buyer.

This was just discussed one page back. Here is the copy posted by someone else of the actual language that supports that.

https://www.disboards.com/threads/r...uctions-formatting-tool.3878357/post-64101460

 

[CaptainAmerica]

UGH my Aulani closing is requiring lots of printing, ink signatures, and a notary. Is this a Hawaii thing or is it the title company?

 

[Jimmy Geppetto]

UGH my Aulani closing is requiring lots of printing, ink signatures, and a notary. Is this a Hawaii thing or is it the title company?

Hawaiian thing.

 

[ndv1985]

ndv1985 - $135-$15,072-100-AKV-Feb-0/21-44/22-100/23-sent 5/18 - taken 6/22

This was our first attempt at buying DVC. Off to find another listing now

 

[JoeDisney247365]

UGH my Aulani closing is requiring lots of printing, ink signatures, and a notary. Is this a Hawaii thing or is it the title company?

I'm not looking forward to this closing either. I knew it wasn't going to be like having Cammy at Mason Title. What company are you using?

 

[CaptainAmerica]

I'm not looking forward to this closing either. I knew it wasn't going to be like having Cammy at Mason Title. What company are you using?

I don't think I'm supposed to say. But they suck butt.

 

[JoeDisney247365]

I don't think I'm supposed to say. But they suck butt.

They only gave me 2 options for title companies and I've not heard good things about either one so I just flipped a coin. Not expecting much. Don't need these points until January so hopefully we can get this done by then haha.

 

[Chia1974]

They only gave me 2 options for title companies and I've not heard good things about either one so I just flipped a coin. Not expecting much. Don't need these points until January so hopefully we can get this done by then haha.

It took a while from passing ROFR to points loaded. Like more than a month. First American title handled the closing.

The seller messed up, a reservation was still attached to the contract. ROFR dragged out 8 weeks. If it wasn’t a subsidized contract, I’d walked away.

 

[Unclelude]

unclelude---$128-$14104-100-SSR-Sep-0/20, 0/21, 200/22, 100/23- sent 6/22

First try ever!... luke warm on the deal I think... Ran out of points and want to go to Aulani in January

 

[JoeDisney247365]

It took a while from passing ROFR to points loaded. Like more than a month. First American title handled the closing.

The seller messed up, a reservation was still attached to the contract. ROFR dragged out 8 weeks. If it wasn’t a subsidized contract, I’d walked away.

That's who I chose was First American. Like I said I'm in no big hurry for once haha.