ROFR Thread January to March 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[jwmob91]

I think it’s better that you haven’t heard considering all the buy backs that happened on Friday

I’m of that same mindset! Friday was a rough day for sure! Good luck to everyone over the next week or so!

 

[gskywalker]

Did you pass???

AK was taken. Now waiting on AUL from Jan 18

 

[Sheldonlo]

I’m still waiting for mine. BLT 180 points at 140 per point. Keeping my fingers cross

 

[gskywalker]

I’m still waiting for mine. BLT 180 points at 140 per point. Keeping my fingers cross

Not knowing if it is stripped but based upon recent deals I would bet against it but It would be great if you passed

 

[Sara Sharpe]

I'm still waiting for ROFR but today I got a call for the title company letting me know they are proceeding with our closing paperwork. Someone else would call with more details this week. Is this a sign that we passed ROFR or standard practice to introduce themselves?

Same thing happened to me today! I'm using Fidelity and First American! First American said they were out of Vegas though and they were handling my account?

 

[Sheldonlo]

I think it’s better that you haven’t heard considering all the buy backs that happened on Friday

Is that what day it happens?

 

[Sheldonlo]

Not knowing if it is stripped but based upon recent deals I would bet against it but It would be great if you passed

It was 2020 180, 2021 180

 

[princesscinderella]

Is that what day it happens?

Not necessarily, it’s just that about 10 of us DIS members waiting on ROFR got bought back all on the same day. There’s no predicable pattern as to when contracts pass.

 

[Skyborndancer]

SkyBornDancer---$136-$40375-275-BCV-Oct-0/19, 275/20, 275/21, 275/22- sent 12/15, passed 1/8

 

[Rustygirl84]

Has anyone ever heard of the broker requesting the estoppel before they will send for ROFR? My broker said they will not submit to ROFR until the receive the estoppel. I thought that was after you passed ROFR. So I am a bit confused.

 

[Skyborndancer]

Has anyone ever heard of the broker requesting the estoppel before they will send for ROFR? My broker said they will not submit to ROFR until the receive the estoppel. I thought that was after you passed ROFR. So I am a bit confused.

I believe the estoppel comes first because it verifies that the seller is the owner and therefore able to start a sale

"An estoppel letter in its simplest form, is a verification of the actual ownership of a Timeshare Interval according to the Timeshare Resort's records. These are commonly used by potential buyers to verify that the person selling the timeshare is indeed, actually the owner of said Timeshare, and to identify if the interval has any outstanding unpaid maintenance fees or taxes, as well as to determine if there are any outstanding loans against the Timeshare."

https://tug2.net/timeshare_advice/timeshare_estoppel_letters.html

 

[Sandisw]

Has anyone ever heard of the broker requesting the estoppel before they will send for ROFR? My broker said they will not submit to ROFR until the receive the estoppel. I thought that was after you passed ROFR. So I am a bit confused.

There are two things that were requested when I sold. The first was the points verification letter from Disney to verify the points are as they are supposed to be based on what the seller tells them,

The other is estoppel, which was requested after. I believe that also includes info Regarding liens, etc.

 

[Rustygirl84]

There are two things that were requested when I sold. The first was the points verification letter from Disney to verify the points are as they are supposed to be based on what the seller tells them,

The other is estoppel, which was requested after. I believe that also includes info Regarding liens, etc.

This was the process for me as well when I sold. So that is why I am bit confused. The contracts for my sale have been signed and the broker will not submit for ROFR until the estoppel has been received. Not sure how others can submit the same day and this seems to be drawing out.

 

[gskywalker]

and the ROFR dept continues to be crickets......

 

[Sandisw]

This was the process for me as well when I sold. So that is why I am bit confused. The contracts for my sale have been signed and the broker will not submit for ROFR until the estoppel has been received. Not sure how others can submit the same day and this seems to be drawing out.

I have no idea then.

 

[vicarrieous]

This was the process for me as well when I sold. So that is why I am bit confused. The contracts for my sale have been signed and the broker will not submit for ROFR until the estoppel has been received. Not sure how others can submit the same day and this seems to be drawing out.

Strange. Who is your broker? We offered, signed an agreement, paid deposit and went to ROFR. I am assuming estoppel requirements wont come into play until we pass ROFR.

 

[Rustygirl84]

Strange. Who is your broker? We offered, signed an agreement, paid deposit and went to ROFR. I am assuming estoppel requirements wont come into play until we pass ROFR.

It is www.fidelity.com I know that they do things a little differently there. If I did not get such a low price on this BC contract, I would probably just say never mind. I guess I just need to be patient with them.

 

[MonaMN]

MonaMN---$146-$23749-150-CCV@WL-Oct-1/20, 150/21, 150/22- sent 2/3

Super excited - first contract!

 

[gisele2]

SkyBornDancer---$136-$40375-275-BCV-Oct-0/19, 275/20, 275/21, 275/22- sent 12/15, passed 1/8

Congrats

 

[Skyborndancer]

MonaMN---$146-$23749-150-CCV@WL-Oct-1/20, 150/21, 150/22- sent 2/3

Super excited - first contract!

Congratulations!