ROFR Thread January to March 2016 *PLEASE USE NEW THREAD*

[DisBuckMan]

What is the closing date on your sales contract? *** was told by Disney request made for estoppels after 1/4/16 will now be provided around two weeks prior to the closing date. I am unclear if Disney is actually doing this or not.

From my recent experience, Disney is not doing this. I'm still 17 days from my stated closing date, and we closed a week ago. We never were told what you were told from ***. We never contacted them, though...just let the process happen. What they told you might just be what they're telling folks that are contacting them, just to get them off their backs. I'm sure they get deluged with phone calls daily from people wanting to know the status of their contract.

 

[SuperRob]

Day 31 for me and still no word! I'm going to pull my hair out. Congrats on passing!

If it really is 31 days, then you can move forward. You don't need notice from Disney. If they don't indicate their intent to exercise ROFR in 30 days, they lose their opportunity.

 

[pagntbaby]

Pagntbaby--$148--$6345--40 pts--VGF--Aug--0/15, 0/16, 40/17--sent 1/25


Passed rofr on 2/19!

 

[DisBuckMan]

Congrats to all who are passing today!

It looks like Disney is busy today.

 

[Friendlyadvice2]

If it really is 31 days, then you can move forward. You don't need notice from Disney. If they don't indicate their intent to exercise ROFR in 30 days, they lose their opportunity.

This is a common misconception regarding ROFR and not accurate. The ROFR rule states that Disney has to be provided the contract info at least 30 days prior to closing and they have up until the closing date to exercise. That's very much different than saying they have 30 days to exercise. With the way most contracts are currently being worded by inept brokers, they are actually giving Disney 60 days in most cases to exercise by listing closing dates that are that far out. However, in general, Disney is typically responding in 30 days or less in most cases.

 

[PaulE]

This is a common misconception regarding ROFR and not accurate. The ROFR rule states that Disney has to be provided the contract info at least 30 days prior to closing and they have up until the closing date to exercise. That's very much different than saying they have 30 days to exercise. With the way most contracts are currently being worded by inept brokers, they are actually giving Disney 60 days in most cases to exercise by listing closing dates that are that far out. However, in general, Disney is typically responding in 30 days or less in most cases.

Hi Friendlyadvice2.... what does this mean in relation to our contract then? Wording as below. Does this mean Disney have until the 10th of March even though the paperwork was submitted on the 20th Jan?

This contract shall be closed on or before 3/10/2016 or within 45 days from when the estoppel information is provided by Disney to the closing company, unless extended by other provisions of the contract.

 

[crazyventures]

crazyventures---$127-$13634-100-BLT-FEB-72/15, 100/16, 100/17- Submitted for ROFR 1/20, Passed 2/19

Buyer pays closing and 2016 MF

PASSED! I am a super impatient person so this has basically been one of the longest months of my life! I'm hoping we can still book BLT before the 7 month window opens for our January trip!

 

[Franzenel]

Franzenel---$80-$14,483-160-AKV-DEC-4/15, 160/16, 160/17-sent 1/23 Passed 2/19

Disney has been very busy today.

 

[Friendlyadvice2]

Hi Friendlyadvice2.... what does this mean in relation to our contract then? Wording as below. Does this mean Disney have until the 10th of March even though the paperwork was submitted on the 20th Jan?

This contract shall be closed on or before 3/10/2016 or within 45 days from when the estoppel information is provided by Disney to the closing company, unless extended by other provisions of the contract.

Yes, legally/technically they would have until the closing date (3-10-16 in this case) to exercise. As I previously mentioned, as a rule of thumb, Disney does not typically take that long and most will hear around the 30 day mark or sooner.

 

[Minniesgal]

If it really is 31 days, then you can move forward. You don't need notice from Disney. If they don't indicate their intent to exercise ROFR in 30 days, they lose their opportunity.

Not true they have a minimum of 30 days.

No broker will move forward without waiver of ROFR and Disney won't issue Estoppel before ROFr waiver so you wouldn't be able to move forward anyway.

 

[Rj122988]

Rj122988---$97-$22,310-230-VWL-June- 230/15, 230/16, 230/17- sent 1/20 Passed 2/19

Finally! They made alot of us sweat it out for 30 days.

 

[Firepath]

rekrab1---$103-$41,200-400-BLT-Feb- 264/15, 400/16, 400/17- sent 1/22 taken 2/17/16

Sorry to hear that rekrab1. They took my first one too. Hopefully you'll get the next one.

 

[PaulE]

Hi all

Just submitted our first points attempt

Paul E ---$82-$8900-100-SSR-SEP-100/15, 100/16, 100/17 - sent January 15, Waiting

Do people think $82 per point has a resonable chance of passing rofr?

Thanks!

We passed overnight.

I'd convinced myself disney would take it. Slight correction to costs as missed off dues

Paul E ---$82-$9444-100-SSR-SEP-100/15, 100/16, 100/17 - sent 01/20, Passed 02/19

Whoop.

 

[jmmess]

Congrats to all who passed yesterday! Welcome home!

 

[beagee]

We are still waiting. Sent ours on January 25. I'm so happy to see all of you, who I've been watching for several weeks now, pass! But I feel a little lonely waiting now.

 

[Meandnevaeh]

We passed overnight.

I'd convinced myself disney would take it. Slight correction to costs as missed off dues

Paul E ---$82-$9444-100-SSR-SEP-100/15, 100/16, 100/17 - sent 01/20, Passed 02/19

Whoop.

Congrats-makes me feel good about my SSR contract for 100 puts at$90, I know there is no rhyme or reason, but waiting for ROFR now

 

[Meandnevaeh]

PASSED

AKV:

DisBuckMan---$92-$5242-50-AKL-Dec- 2/15, 50/16, 50/17- sent 12/28 passed 1/20
Coamfo---$83-$20750-250-AKL-Jun-88/14, 250/15, 250/16- sent 12/22, passed 12/28
nluvwithdisney---$87-$19490-200-AKV-Aug- 195/15, 200/16, 200/17 sent 1/8, passed 2/3
bradykp---$87-$17315-180-AKV-Oct- 180/15, 180/16, 180/17- sent 1/21, passed 2/15


AUL:

BCV:

BLT:

Pluto27---$115-$12,481-100-BLT-AUG-100/14, 30/15, 12/16, 100/17- sent 1/11
bnm---$113-$18080-160-BLT-FEB-170/16, 160/17 160/18- sent 1/5, passed 2/3
mhite2289---$89-$24170-250-BLT-OCT- 250/15, 250/16, 250/17, sent 1/12, passed 2/5

BWV:


wxchick---$87-$2725-25-BWV-SEP-25/16, 25/17- sent 1/8, passed 2/3
gharter --- $96-$20,160-210-BWV-Sep-159/16, 210/17, 210/18 sent 12/31, passed 2/3
HereIGo---$90-$20757-210-BWV-OCT-18/15, 210/16, 210/17- sent 1/11, passed 2/9
WDW Couple---$116-$5070-40-BWV-AUG-40/15, 40/16, 40/17- sent 1/20




HH:

Saratoga Souris---$60-$9,000-150-MAR-HHI- 0/'15, 0/'16, 150/'17 sent 1/05 passed 1/27


OKW:

OKW EXTENDED:

PVB:

SSR:

Tarzan513---$89-$13,350-150-SSR-Jun-156/'15, 150/'16, 150/'17, sent 12/17, passed 1/5
aprindle1---$90-$19,622-200-SSR-Sept-200/'14, 200/'15, 200/'16, 200/'17- sent 12/18, passed 1/4
Chewey--$87-$23120-250-SSR-Feb-205/15,250/16,250/17-Sent 12/30-Passed 1/20
NicoleN---$85-$11482-120-SSR-SEPT-74/15, 120/16, 120/17- sent 1/9, passed 2/3

VGC:

VGF:

gemini1131--$140-$9650-65-VGF-AUG- 0/15, 0/16, 65/17- sent 11/25, passed 1/5
jmmess---$120-$19567-150-VGF-DEC- 150/15, 150/16, 150/17, sent 1/18

VWL:

wildernessbride2005---$105-$5892-50-VWL-AUG-9/15, 50/16, 50/17-sent 1/07 passed 2/02
jerseyduke---$87-$14493-150-VWL-AUG-0/15, 150/16, 150/18 - sent 1/27, passed 2/16

VB:


WAITING

AKV:

darly2004---$86-$8600-100-AKV-SEP-0/15, 190/16, 100/17 -sent 1/13
Franzenel---$80-$14,483-160-AKV-DEC-4/15, 160/16, 160/17-sent 1/23
Wobbley---$98 -$10202-100-AKV-JUN- 0/15 200/16 100/17 sent 1/22
vdoucet78---$78-$16692-200-AKL-DEC-83/16, 200/17, 200/18- sent 1/29
thebooksaresaved---$88-$9,844-100-AKL-Sept- 0/15, 100/16, 100/17 - sent 1/25
vnovabri---$83-$13280-160-AKV-SEPT-160/14, 160/15, 160/16, 160/17- sent 2/3
jmstroud---$92-$12,758-125-AKL-AUG-29/15-125/16-125/17-sent 2/10
Laevson4712-- $82-$13120-160-AKV-AUG-1/15-5/16-160/17-sent 2/12- seller pays '16 MF
Pluto27---$80-$13,797-160-AKV-March- 0/15, 0/16, 160/17- sent 2/16




AUL:

BCV:


KobeGOAT---$105-$27,078-250-BCV-Feb-0/15, 13/16, 250/17- Sent 2/3
amk43—$120-$20,903-160-BCV-SEP-160/16, 160/17, 160/18 - sent Jan 13



BLT:

crazyventures---$127-$13634-100-BLT-FEB-72/15, 100/16, 100/17- sent 1/20
glencoe---$115-18,400- 150-BLT-MAR-0/16, 160/17, 160/180-sent 1/22



BWV:


Mamabear4---$102-$27,700-250-BWV-Dec-203/14, 250/15, 250/16- sent 1/25


HH:

fenceman---$63.18-$13,500-180-HHI-41/15 180/16 180/17, sent 1/29
MrToad1345---$64-$4410-50-HHI-Oct- 0/15, 50/16, 50/17-sent 2/4

OKW:

OKW EXTENDED:

PVB:

SSR:

Paul E---$82-$8900-100-SSR-SEP-100/15, 100/16, 100/17 - sent 1/20
Farps---$86-$11,428-120-SSR-June-0/15, 120/16, 120/17- sent 1/22
OutNChiTown---$80-$34,891- 400-SSR-AUG- 0/14, 255/15, 400/16, 400/17, Sent 1/2
JodyTG---$84-$10500-125-SSR-SEPT-0/15, 125/16, 125/17- sent 2/5
brianthompson1---$83-$13,776-150-SSR-Aug-0/14, 16/15, 150/16, 150/17- sent 2/4
linzjane88---$79-$17797-225-SSR-SEP-72/15, 225/16, 225/17- sent 2/5
JEaley---$81-$11160-130-SSR-Apr-0/16, 130/17, 130/18- sent 2/15





VGC:

VGF:

SuperRob---$150-$15569-110-VGF-APR- 12/15, 100/16, 100/17, sent 1/19
wn01aa---$140-$19583-132-VGF-Oct- 80/15, 132/16, 132/17 - sent 2/1
Pagntbaby---$148--$6345--40-VGF-Aug-0/15, 0/16, 40/17- sent 1/25
jmmess---$124.67-$20470-150-VGF-DEC- 150/15, 150/16, 150/17, sent 2/15




VWL:

paws93---$93-$15388-150-VWL-AUG-66/2015, 150/2016, 150/2017- sent 1/22
beagee---$90-$17,551-175-VWL-OCT-175/15, 175/16, 175/17 - sent 1/25
Rj122988---$97-$22,310-230-VWL-June- 230/15, 230/16, 230/17- sent 1/20
Erin D---$82-$11,361-133-VWL-DEC-0/16,133/17,133/18- Seller pays 2016 MFs, sent 2/15
WDW Couple---$101-$5377-50-VWL-AUG-0/15, 50/16, 50/17- 2/12



VB:


TAKEN

AKV:

AUL:

BCV:

BLT:

Brianthompson1---$98-$16,017-150-BLT-Aug-27/14, 150/15, 150/16, 150/17- sent 12/21 Taken 1/20

BWV:

HH:

OKW:

POTC---$69-$17650-230-OKW-June-0/15, 0/16, 230/17- sent 12/22, taken 1/21


OKW EXTENDED:

PVB:

SSR:

VGC:

VGF:

VWL:

VB:

 

[Meandnevaeh]

Hi everyone!

This thread can be an invaluable tool for buyers looking for some help when researching the most up-to-date prices for DVC contracts on the resale market, so I encourage everyone to post their contracts when they are sent to Disney, no matter if they are big, small, or in-between !

Just a reminder if you post your details: I need your username at the front and all data in the following order:

DISname---Price per point-Total cost (Price per point x # of points + Maintenance Fees to be paid at closing + Closing fees)-# of points-Home resort-Use Year-# of points available first year (banked or not),# of points current year, # of points following year, and year after that, followed by Date Sent for ROFR.

Please include any other details such as whether the seller is splitting closing or paying current year's MFs. We assume that the buyer pays current year MF and closing, so no need to add those details in writing, only to the total amount.

Then come back and post whether you passed or not. Or I will chase you down! Just kidding. But, in the spirit of helping everyone who uses this thread as a resource, please do let us know whether or not Disney waived your contract so that the data is complete.

Sample:

pangyal---$144-$33296-219-VGF-AUG-113/14, 219/15, 219/16, 219/17- sent August 24, passed Sept. 16

Please note that I cannot add you if you are missing any of the above details or if your contract has not yet been sent.

Here is a link to old ROFR list threads:
January 2013 - June 2013 at the bottom of page 161
July 2013- December 2013 ROFR List
January 2014-June 2014 ROFR List
July 2014-December 2015 ROFR List
January 2015 - July 2015 ROFR List
September 2015- December 2015 ROFR List

Meandnevaeh--$90-$9994-100-SSR-Apr-31/15,100/16,100/17 sent 2/06, waiting

 

[glencoe]

Glencoe- BLT-160- March-$115 ppt (original $118pt) $18,400 total cost 0/2016-160/2017-160/2017- seller pays dues 2016, buyer pay closing- sent 1/21


Passed!!! 2/19/16

On to the next step....

 

[Babygurl7468]

$100 AKL 50 points with 50/2015 50/2016 50/2017---sent 2/16