ROFR Thread January to March 2019 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[4luv2cdisney]

Hello all. This is my first post so please bear with me. I've been reading and absorbing the wealth of info you've made available here - Thank you.
I may be well off the mark but wonder if this could possibly be the reason for Disney exercising ROFR on certain contracts... could their intention over time; be to take control of the 'unit' in it's entirety - perhaps to remove the 'unit' from DVC; potentially to return those particular 'units' (or even 'portions of a building') to cash resort reservations?
Copied from Page 6 Part 3 of the 'Standard Information Form for Timeshare Contracts' (revised 01/17/2019) which I read on Disney's Disney.go site.
"When you purchase an Ownership Interest, you are buying an undivided interest in a particular Unit (along with the Unit’s undivided interest in the Common Areas/Elements) within the DVC Resort. This Ownership Interest will be conveyed to you by means of a deed. The term “undivided” in this context means that, although you are buying an interest in a particular Unit, you are not buying a particular piece or portion of the Unit; rather, you are buying a percentage interest in the Unit as a whole, making you a co-owner of that Unit along with DVD and other purchasers. Your relationship with the other co-owners of the Unit in which you own an Ownership Interest is governed by a Master Cotenancy Agreement, which provides that DVD will act as the representative of all of the co-owners of each Unit at meetings of the condominium or owners association for each DVC Resort. A “Unit” corresponds to all or a portion of a building in a DVC Resort and a “Vacation Home” refers to an accommodation within a Unit."

Not to take it over as you're suggesting, but let's say they ROFR 120 POINTS, 160 POINTS AND 230 POINTs from different unit numbers... Now they go down a waitlist and people want 50, 30, 35. They may end up with stranded points because it they take it from the 120 they're left with 5, the 160 leaves 45 and the 230 leaves 115. If they are all the same unit #, they have a pool of 510 points to divide which makes life easier. Also, I think it they have 15 points in their inventory of unit "X" they may ROFR a contract with the same unit to enable them to get rid of those points. Thst's where the "drunken monkey" effect comes from.

 

[4luv2cdisney]

Thanks! I thought the same too... fingers crossed.

So current owner is paying all closing and mfs?

 

[crvetter]

Thanks! I thought the same too... fingers crossed.

I’m curious how you even found such unique contracts. But seriously good luck.

 

[ScubaCat]

So current owner is paying all closing and mfs?

The post was updated.

 

[princessbride6205]

I’m curious how you even found such unique contracts. But seriously good luck.

I saw them pop up on one of the resale sites and thought maybe they were test posts or something, but I guess they were real contracts!

 

[Mickbee]

The post was updated.

I goofed when posting and revised.

The contracts popped up on the TSS site on the 14th and I grabbed them.

 

[DVCDisneyRunner]

Mickbee---$165-$1909-10-BCV-Dec-0/18, 20/19, 10/20- sent 2/17

Mickbee---$165-$2769-15-BCV-Dec-0/18, 30/19, 15/20- sent 2/17

Mickbee---$165-$2769-15-BCV-Dec-0/18, 30/19, 15/20- sent 2/17

Wish me luck!!

Proceed with caution!!! Dianey has not issued contracts less than 25 points so this looks very suspect.

 

[bwvBound]

Proceed with caution!!! Dianey has not issued contracts less than 25 points so this looks very suspect.

Not true. During both waves of major point chart revisions (both this year and the earlier one) they sold 10 point contracts to help owners who found themselves just "a few points short." The 10pt contracts are uncommon but not unknown.

 

[ScubaCat]

Proceed with caution!!! Dianey has not issued contracts less than 25 points so this looks very suspect.

Also, The Timeshare Store is extremely reputable (as are all the well known brokers, IMHO). I can't imagine they'd ever peddle a fraudulent contract! That would truly be the height of absurdity.

 

[pangyal]

Updated!
SO SORRY to all of the BLT-ers!!!

 

[ScubaCat]

Updated!

SO SORRY to all of the BLT-ers!!!

 

[adais]

Updated!
SO SORRY to all of the BLT-ers!!!

i think you missed some BLT because i have a sheet with the ones that were taken and a few are still in the waiting area that were taken. unless my browser is not refreshing properly.


Update yes browser crapped on me i think Kpeterso was for AKL and had listed BLT by mistake

 

[The Jackal]

Proceed with caution!!! Dianey has not issued contracts less than 25 points so this looks very suspect.

I think someone mentioned they had one for 8 points. 25 point contracts are rare, but under 25 point contacts are super rare, but do exist. A reputable place like the TSS should confirm all details with DVC before posting for sale. I would not be worried.

 

[DVCDisneyRunner]

I think someone mentioned they had one for 8 points. 25 point contracts are rare, but under 25 point contacts are super rare, but do exist. A reputable place like the TSS should confirm all details with DVC before posting for sale. I would not be worried.

I did not see where the poster mentioned these were on TSS. If that is the case then I agree.

I was unaware there have been exceptions to the 25 point minimum, good to know.

 

[LadyLvsTramp]

Someone posted the DVC Guides Sales and ROFR are in different buildings but with technology does that really matter?
Our Guide whom we seldom hear from called today to offer me points in BLT. I had told him We were interested months ago but our last offer for BLT taken is it a Coincidence? I happen to think not but I told him not interested in paying $228 a point so no thank you.

 

[Ohboyitseddie]

Someone posted the DVC Guides Sales and ROFR are in different buildings but with technology does that really matter?
Our Guide whom we seldom hear from called today to offer me points in BLT. I had told him We were interested months ago but our last offer for BLT taken is it a Coincidence? I happen to think not but I told him not interested in paying $228 a point so no thank you.

I bought my first contract directly from disney for AKV.

I have been in direct contact with the same lady who sold us AKV and she put me on a waitlist for BLT. Since I was waitlisted, I decided to go resale route. Luckily for us we found a BLT contract and ROFR was waived by Disney. So Im not 100% certain they even pay attention to it.

 

[Lost boy]

Well, we did it, first time resale buyers. We own two direct purchase contracts at ssr and okw. Just had a offer accepted and sent to Disney on 2/22, 150pts/$90 at okw. Pretty sure at that price it'll pass, just decided to add on to increase our position anticipating my retirement end of this year. We returned earlier this month from a 16day stay at okw in a one bdrm, now will have enough for a month.

 

[HappilyEverAfter2007]

HappilyEverAfter2007---$108-$14537-120-AKV-Dec-0/17, 120/18, 120/19, 120/20- sent 2/22

 

[tbfkc]

tbfkc---$135-$13996-100-BLT-Oct-0/17, 0/18, 100/19, 100/20- sent 2/1

Hopefully the addonitis will fade after this one!

 

[heynowirv]

We were only very casually considering more points, but then we were at WDW when the resale restrictions were announced and made a couple quick offers. We made what I'd consider low but fair offers, given our research, including in this forum. We were rejected, no big deal, adding on before the restrictions wasn't that crucial to us. But the add-on bug totally bit me and I started obsessively checking every resale site. We made low offers on multiple contracts over the past month, to no avail. But like others have posted, it's got to be the right price.

ADD-ON-ITIS strikes again.....