ROFR Thread Jan to March 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[larry47591]

OK, talk me off the ledge...for those that have had to wait longer for a decision on ROFR, does that typically mean good news or bad news? People that submitted the week following me (2/15) are finding out and I'm still waiting...

Neither doesn't really mean anything unfortunately

 

[MinnieSueB]

Snowy82---$129-$21421-150-OKW-Jun-0/21, 300/22, 150/23- sent 2/21, passed 3/15

SOOOOOO excited to join you amazing DVCers! thank you so much for all your help and encouragement as we navigated this crazy resale process!!! i'm sure i'll have more questions coming, but today i'm just going to bask in my utter happiness!

Congrats! Nothing like buying that first contract!

 

[Chia1974]

Good luck everyone!

 

[JC1984]

OK, talk me off the ledge...for those that have had to wait longer for a decision on ROFR, does that typically mean good news or bad news? People that submitted the week following me (2/15) are finding out and I'm still waiting...

No rhyme or reason to anything Disney does. Don’t think too much into it.

 

[dlam32]

dlam32---$280-$46715-160-VGC-Sep-0/20, 160/21, 320/22, 160/23- sent 2/21, passed 3/14

 

[snowy82]

Passed and estoppel issued the same day…
JC1984---$133-$12526-85-AUL-Sep-0/21, 86/22, 85/23- sent 2/21, passed 3/15

congrats!!! our estoppel issued the same day too, but i don't know what that means??

 

[snowy82]

Congrats! Nothing like buying that first contract!

thank you! i already have add-on-itis!!!

 

[Chia1974]

thank you! i already have add-on-itis!!!

The struggle is real

 

[dado4]

dado4---$130-$42327-300-BCV-Oct-593/21, 300/22, 300/23- sent 1/27, passed 2/15
This isn't a new one. I didn't get an answer on how to do it so I'm just reposting this with the corrected points for 2021.
Deed recorded on 3/11. It wasn't an international seller.

 

[JC1984]

congrats!!! our estoppel issued the same day too, but i don't know what that means??

Official definition:
By definition, an estoppel certificate is a “[a] signed statement by a party (such as a tenant or mortgagee) certifying for another's benefit that certain facts are correct, such as that a lease exists, that there are no defaults, and that rent is paid to a certain date.

Usually it can take almost 2 weeks after Disney waives ROFR for them to issue a estoppel. Seems like their process is going a bit faster these days.

 

[MICKIMINI]

dado4---$130-$42327-300-BCV-Oct-593/21, 300/22, 300/23- sent 1/27, passed 2/15
This isn't a new one. I didn't get an answer on how to do it so I'm just reposting this with the corrected points for 2021.
Deed recorded on 3/11. It wasn't an international seller.

Wow - enough points for a major league trip!!!

 

[snowy82]

Official definition:
By definition, an estoppel certificate is a “[a] signed statement by a party (such as a tenant or mortgagee) certifying for another's benefit that certain facts are correct, such as that a lease exists, that there are no defaults, and that rent is paid to a certain date.

Usually it can take almost 2 weeks after Disney waives ROFR for them to issue a estoppel. Seems like their process is going a bit faster these days.

thank you!


so how long does closing typically take? and what's the current process for disney creating a brand new membership account and putting our points in?

 

[Sandisw]

thank you!


so how long does closing typically take? and what's the current process for disney creating a brand new membership account and putting our points in?

Closing will take place once you receive the documents and both seller and buyer send back.

Some companies have them to you quickly and others it’s about 2 weeks.

Once both return, they close, record and send to Disney. That can take them a few weeks to get it set up and points loaded.

As a buyer, we sent the docs and then sent final payment once the seller returned paperwork. Sellers need to have things notarized and that can take time..I had one take over 3 weeks.

 

[sjdrr1313]

thank you!


so how long does closing typically take? and what's the current process for disney creating a brand new membership account and putting our points in?

do you know who your title company is? We had Cammy from Mason and she was very quick, but I closed in December and Disney had a 9 day period in which they were not accepting any new paperwork so we had to wait for that. We closed on December 21 and I had my membership number on 1/3. I had to call member services because my login didn't work and they manually added my point to my account during the call.

 

[snowy82]

do you know who your title company is? We had Cammy from Mason and she was very quick, but I closed in December and Disney had a 9 day period in which they were not accepting any new paperwork so we had to wait for that. We closed on December 21 and I had my membership number on 1/3. I had to call member services because my login didn't work and they manually added my point to my account during the call.

I don't know who the title company is but i've heard great things about Cammy! Can we tell them who we want to use?

 

[larry47591]

I don't know who the title company is but i've heard great things about Cammy! Can we tell them who we want to use?

you would have had to do it at the beginning

 

[Chia1974]

dado4---$130-$42327-300-BCV-Oct-593/21, 300/22, 300/23- sent 1/27, passed 2/15
This isn't a new one. I didn't get an answer on how to do it so I'm just reposting this with the corrected points for 2021.
Deed recorded on 3/11. It wasn't an international seller.

You need to go buy some lottery tickets, seriously

 

[JoeDisney247365]

so how long does closing typically take? and what's the current process for disney creating a brand new membership account and putting our points in?

So I'm in the middle of this step in the resale process (ROFR was waived 2/23) and it is slightly less annoying than waiting for ROFR haha.

Congrats BTW!!! I was rooting for you and your sister!

 

[dado4]

You need to go buy some lottery tickets, seriously

Pretty sure the contract passing and the bonus 463 points was a winning lottery ticket!

 

[snowy82]

So I'm in the middle of this step in the resale process (ROFR was waived 2/23) and it is slightly less annoying than waiting for ROFR haha.

Congrats BTW!!! I was rooting for you and your sister!

thank you!!!! so what part are you up to now?? closing?

we used dvc resale market for our sale...does anyone know who they use for titles?