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

[SZQ2019]

I have never received a FIRPTA form with any of my resale closing documents None of my sellers were international, if that helps

We heard back from escrow company and apparently they are international. I guess the good news is that so far they paperwork has been quick. Thanks for your reply.

 

[kenyoncad]

We heard back from escrow company and apparently they are international. I guess the good news is that so far they paperwork has been quick. Thanks for your reply.

What are the downsides to an international seller? I assume it takes longer to mail paperwork back and forth, are there other drawbacks?

 

[ArmyChaplain Matt]

What are the downsides to an international seller? I assume it takes longer to mail paperwork back and forth, are there other drawbacks?

I'm hoping its a downside to Disney and they pass on it in my case!!!!

 

[JereMary]

Ashley Strathern---$106-$22941-200-AKV-Feb-0/18, 65/19, 200/20, 200/21- sent 1/18, taken 2/26

As expected Thanks for all the help on the board. It's a great resource.

FYI, my contract was taken too. It was almost identical to yours. Are you trying again?

 

[jsand99]

jsand99---$109-$14572-120-AKV-Feb-0/18, 120/19, 120/20, 120/21- sent 3/10

This will be our third try in 5 months. Hopefully we will slip through this time.

 

[noahsmom85]

What are the downsides to an international seller? I assume it takes longer to mail paperwork back and forth, are there other drawbacks?

We just had to fill out a FIRPTA form which the title company will file for us & international seller, and the title company also withholds the international seller's tax dues and will send the payment on their behalf to the IRS. I don't believe that has added additional wait time as I filled out the form and sent it back the same day.

 

[noahsmom85]

I'm hoping its a downside to Disney and they pass on it in my case!!!!

We had a BLT contract (April UY, 160 points), and it passed at 28 days....I truly feel it was because it was an international seller. Good luck!

 

[Cygnus 2112]

Greetings! New to the forums. My wife and I are current DVC members with contracts at BLT. We just made an offer on Friday for a contract at BW through DVC Resales. Great customer service I must say. The contract should be sent to us tomorrow. 220 points @ $118. October use year. Then soon the clock starts for ROFR I suppose. The latest report he sent me indicated 34 BW contracts sold in January. 4 swiped by The White Glove at the following prices: 110,113,114 and 117. So we shall see.

 

[JereMary]

jsand99---$109-$14572-120-AKV-Feb-0/18, 120/19, 120/20, 120/21- sent 3/10

This will be our third try in 5 months. Hopefully we will slip through this time.

Same here! Third time is a charm, right?

 

[JereMary]

JereMary---$105-$22115-200-AKV-Jun-0/17, 42/18, 58/19, 200/20- sent 3/10
This one is actually a dollar less per point than my last attempt. I asked about offering more to pass ROFR, but my broker advised that the sellers would take 105, and as long as I'm not in a big rush, it's worth trying. Hopefully the third try will be the one!

EDIT: Contract was officially sent to Disney today. Start the clock!

 

[mrsap]

JereMary---$105-$22115-200-AKV-Jun-0/17, 42/18, 58/19, 200/20- sent 3/10
This one is actually a dollar less per point than my last attempt. I asked about offering more to pass ROFR, but my broker advised that the sellers would take 105, and as long as I'm not in a big rush, it's worth trying. Hopefully the third try will be the one!

Happy you’re trying again! What were the sellers asking for originally?

 

[jsand99]

JereMary---$105-$22115-200-AKV-Jun-0/17, 42/18, 58/19, 200/20- sent 3/10
This one is actually a dollar less per point than my last attempt. I asked about offering more to pass ROFR, but my broker advised that the sellers would take 105, and as long as I'm not in a big rush, it's worth trying. Hopefully the third try will be the one!

Hopefully we both get good news soon and we'll be neighbors!

 

[JereMary]

Happy you’re trying again! What were the sellers asking for originally?

Sorry, I wasn't very clear about that. The sellers were asking $105. I was considering offering more just to get it past ROFR, since I've already lost my first two.

 

[mrsap]

Sorry, I wasn't very clear about that. The sellers were asking $105. I was considering offering more just to get it past ROFR, since I've already lost my first two.

Ok I see! I was in the same boat with our current offer. We were prepared to offer a bit more till we found out the contract was listed incorrectly (wasn’t including 2019 points). We ended up offering a dollar more p/p. Not sure if it will be enough but we’ll see! Good luck!!!

 

[Katie L]

JereMary---$105-$22115-200-AKV-Jun-0/17, 42/18, 58/19, 200/20- sent 3/10
This one is actually a dollar less per point than my last attempt. I asked about offering more to pass ROFR, but my broker advised that the sellers would take 105, and as long as I'm not in a big rush, it's worth trying. Hopefully the third try will be the one!

What broker? Cause that’s pretty awesome of them. Since they get paid a percent, pretty nice they discouraged you over-paying.

 

[HappilyEverAfter2007]

jsand99---$109-$14572-120-AKV-Feb-0/18, 120/19, 120/20, 120/21- sent 3/10

This will be our third try in 5 months. Hopefully we will slip through this time.

Fingers crossed, our contract is identical with 120 points but at $108 a point and a December use you, we passed. Ofcourse we submitted after the 1/19 cut off so it seems like many more are passing now. Good luck!

 

[rundisney79]

Just got the email from our broker and......we passed!!!!

Now the race is on to use those holding points by 5/31.

Mrsg00fy---$129-$22454-160-BLT-Jun-0/17, 160/18, 160/19, 160/20-2018 pts in holding- sent 2/6, passed 3/1

I saw you passed! Congrats!! Great price

 

[LadyLvsTramp]

Once you send signed notarized contract and payment how long till deed is sent to Disney apparently they take about 2 weeks to post points to your account.

 

[JV63]

Going for small contract to add to our other points (same resort/use year).


JV63---$102-$5525-50-OKW-Feb-0/18, 1/19, 50/20, 50/21- sent 3/11

 

[JereMary]

What broker? Cause that’s pretty awesome of them. Since they get paid a percent, pretty nice they discouraged you over-paying.

My broker is Jerry Sydow at The Timeshare Store.