ROFR Thread April to June 2025 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[AstroBlasters]

I honestly don’t know but am supposing that it’s more effort to have to deal with a lawyer than the people who actually own the contract on Disney’s part?

It could be the children of an incapacitated senior serving as Power of Attorney…. POA does not mean lawyer.

 

[foodiddiedoo]

It could be the children of an incapacitated senior serving as Power of Attorney…. POA does not mean lawyer.

At least for ours the POA is a person who is listed on Linkdin as the head of a Timeshare Cancellation called Home Outlet LLC?

 

[AstroBlasters]

At least for ours the POA is a person who is listed on Linkdin as the head of a Timeshare Cancellation called Home Outlet LLC?

Fascinating. Did you purchase it through a broker? If so, that means the seller potentially took a haircut from the LLC and then another one from a broker…..

 

[foodiddiedoo]

Fascinating. Did you purchase it through a broker? If so, that means the seller potentially took a haircut from the LLC and then another one from a broker…..

Yeah, bought through www.****************.com
I’m a huge snoop and looked up all the people involved with the sale online after the broker said there was POA on the sale. I assumed it was an elderly person wanting out, but they were in their 50s. The husband was arrested for an outstanding bench warrant for insurance fraud in January of this year. They accepted the price I offered within minutes too, so I’m assuming the wife just wants to get rid of it?

 

[AstroBlasters]

Yeah, bought through www.****************.com
I’m a huge snoop and looked up all the people involved with the sale online after the broker said there was POA on the sale. I assumed it was an elderly person wanting out, but they were in their 50s. The husband was arrested for an outstanding bench warrant for insurance fraud in January of this year. They accepted the price I offered within minutes too, so I’m assuming the wife just wants to get rid of it?

I had a contract where the seller was a respected attorney who had recently got pulled over for DUI at 2am…. um…. what is a married man with children doing out at 2am, sir?

 

[foodiddiedoo]

I had a contract where the seller was a respected attorney who had recently got pulled over for DUI at 2am…. um…. what is a married man with children doing out at 2am, sir?

I just hope my guy isn't in jail and can actually do the virtual notary.

 

[AstroBlasters]

I just hope my guy isn't in jail and can actually do the virtual notary.

The POA will sign it…

 

[foodiddiedoo]

The POA will sign it…

Funny story.. The title company emailed me instead of the wife asking them to sign up for the virtual notary in preparation for ROFR. The POA wasn't on there either. They kept emailing me since someone typoed and had my email as the wife's. The first email had the POA on it explaining the process, but not the second asking for the virtual appointment. I emailed back and said they had the wrong person and I was the buyer, but didn't mention they were also missing the POA. I'm assuming they got it all fixed up but...it takes a lot for me to not email and ask if they did. I want to close ASAP.

 

[AstroBlasters]

Funny story.. The title company emailed me instead of the wife asking them to sign up for the virtual notary in preparation for ROFR. The POA wasn't on there either. They kept emailing me since someone typoed and had my email as the wife's. The first email had the POA on it explaining the process, but not the second asking for the virtual appointment. I emailed back and said they had the wrong person and I was the buyer, but didn't mention they were also missing the POA. I'm assuming they got it all fixed up but...it takes a lot for me to not email and ask if they did. I want to close ASAP.

This one could take a while….

 

[VGCgroupie]

Yeah, bought through www.****************.com
I’m a huge snoop and looked up all the people involved with the sale online after the broker said there was POA on the sale. I assumed it was an elderly person wanting out, but they were in their 50s. The husband was arrested for an outstanding bench warrant for insurance fraud in January of this year. They accepted the price I offered within minutes too, so I’m assuming the wife just wants to get rid of it?

I love that you are a huge snoop

 

[MyDogTink]

At least for ours the POA is a person who is listed on Linkdin as the head of a Timeshare Cancellation called Home Outlet LLC?

My contract in ROFR was signed by a POA once associated with that LLC. The POA may now be associated with a different real estate and development company in FL. Not sure if board rules allow me to name it and I’m sure the link wouldn’t show.

When I looked up the owners on the comptrollers website, I saw that they were in default on MFs for two contracts. Disney foreclosed on one and it got sold at auction. For my contract, they satisfied the default amount. I was wondering if this LLC stepped in and paid.

 

[foodiddiedoo]

This one could take a while…

Using DVC title and Escrow and I've heard very good things so I assume they'll get it straight.

 

[foodiddiedoo]

My contract in ROFR was signed by a POA once associated with that LLC. The POA may now be associated with a different real estate and development company in FL. Not sure if board rules allow me to name it and I’m sure the link wouldn’t show.

When I looked up the owners on the comptrollers website, I saw that they were in default on MFs for two contracts. Disney foreclosed on one and it got sold at auction. For my contract, they satisfied the default amount. I was wondering if this LLC stepped in and paid.

I see a delinquent assessment for 900 dollars in 2016 but nothing past that. The contract is from 2011 so I assume it would be be paid off by now.
The person who is POA might now work for a different real estate company too. When you searched him online were there news stories about him being saved by the coast guard on his sinking boat?

 

[MyDogTink]

I see a delinquent assessment for 900 dollars in 2016 but nothing past that. The contract is from 2011 so I assume it would be be paid off by now.
The person who is POA might now work for a different real estate company too. When you searched him online were there news stories about him being saved by the coast guard on his sinking boat?

Yes!!!!

ETA: my broker is https://****************.com


Title company is also https://www.dvcclosings.com/

 

[foodiddiedoo]

Yes!!!!

Small world! Also making me feel less weird for looking up names on Google haha.

 

[foodiddiedoo]

Yes!!!!

ETA: my broker is www.vacationclublife.com and title company is also https://www.dvcclosings.com/

Oh I'm using exact same too,

 

[Cazro]

Cazro---$132-$30749-225-CCV@WL-Mar-0/24, 0/25, 225/26, 225/27- sent 6/30

Still can't work out if I think i've got a good deal or not, so trying to stop worrying about that and focusing on passing ROFR!

 

[Brian Noble]

At least for ours the POA is a person who is listed on Linkdin as the head of a Timeshare Cancellation called Home Outlet LLC?

Fascinating. Did you purchase it through a broker? If so, that means the seller potentially took a haircut from the LLC and then another one from a broker…..

I wondered about that.

This is almost certainly what folks on TUG refer to as a "postcard company" or PCC. If you are a timeshare owner, eventually you will start getting mailers inviting you to a "free steak dinner" or some such to discuss options for getting rid of your timeshare. At this event, they will deliver a fire and brimstone presentation about the risk of tens of thousands of dollars in special assessments, "saddling your children with a useless timeshare," ever escalating fees, etc. etc. etc. After that, they offer some way to relieve you of this burden, starting with paying a very reasonable few thousand dollars up front to start the process.

It can go in a variety of different directions from here, but they all end up giving the original owner a VERY large haircut, if they get any money at all. One very common tactic is: keep the timeshare in the original owner's name. Once a buyer is found, transfer from the owner to the PCC for $1, then from the PCC to the seller for the agreed-upon price.

 

[foodiddiedoo]

Cazro---$132-$30749-225-CCV@WL-Mar-0/24, 0/25, 225/26, 225/27- sent 6/30

Still can't work out if I think i've got a good deal or not, so trying to stop worrying about that and focusing on passing ROFR!

I relied on DVC for less to tell me the price I got was a good deal and then stopped worrying!

 

[foodiddiedoo]

I wondered about that.

This is almost certainly what folks on TUG refer to as a "postcard company" or PCC. If you are a timeshare owner, eventually you will start getting mailers inviting you to a "free steak dinner" or some such to discuss options for getting rid of your timeshare. At this event, they will deliver a fire and brimstone presentation about the risk of tens of thousands of dollars in special assessments, "saddling your children with a useless timeshare," ever escalating fees, etc. etc. etc. After that, they offer some way to relieve you of this burden, starting with paying a very reasonable few thousand dollars up front to start the process.

It can go in a variety of different directions from here, but they all end up giving the original owner a VERY large haircut, if they get any money at all. One very common tactic is: keep the timeshare in the original owner's name. Once a buyer is found, transfer from the owner to the PCC for $1, then from the PCC to the seller for the agreed-upon price.

I think if that was the case with my contract, wouldn't he have haggled with me for a higher price?