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

[Paul Stupin]

I've been perusing CCV contracts, I'd really like a few more points there, but there's only so much I'm willing to pay for them. It wouldn't be worth it to me, but. Your mileage may vary. I've seen some contracts posted at $165 that people say that they'll only take full ask. I pass on those.

Just want a little public opinion ... offered $130/pt on a CCV contract on the off chance the seller would say yes, knowing I would go to $135. Seller said no thanks, want $150/pt (full ask) as they still have a loan to pay off. I don’t think I want to pay more than $135, and averages look like $135-140 recently. Thoughts?

Depends on the number of points. 100 point contracts can sell in the 160s. Say the $150 price costs you another $1000. In the grand scheme of things, considering what you’ll pay in dues over the life of your ownership, the $1000 isn’t as significant. Also, is your UY harder to find? You might have to pay more, but you’ll get more if you sell. Also, again if your UY isn’t as common, do you want to sit and wait for weeks and weeks for another contract to pop up? In my opinion, sometimes its worth paying a little more.

 

[Sunnyore]

I’m having a brain fart moment. Can someone explain to me how a contract can be totally stripped of 2021 points with the 50% max borrowing rule in place? Is it because they probably made reservations and borrowed prior to April 2020 when the rules happened? Or is there another trick to borrowing all your points?

 

[Where'sPiglet?]

I’m having a brain fart moment. Can someone explain to me how a contract can be totally stripped of 2021 points with the 50% max borrowing rule in place? Is it because they probably made reservations and borrowed prior to April 2020 when the rules happened? Or is there another trick to borrowing all your points?

What use year? If it's February, someone could have already taken a trip in the 2021 use year.

 

[JETSDAD]

I’m having a brain fart moment. Can someone explain to me how a contract can be totally stripped of 2021 points with the 50% max borrowing rule in place? Is it because they probably made reservations and borrowed prior to April 2020 when the rules happened? Or is there another trick to borrowing all your points?

They could have transferred the points out before selling.

 

[GreyTami]

Depends on the number of points. 100 point contracts can sell in the 160s. Say the $150 price costs you another $1000. In the grand scheme of things, considering what you’ll pay in dues over the life of your ownership, the $1000 isn’t as significant. Also, is your UY harder to find? You might have to pay more, but you’ll get more if you sell. Also, again if your UY isn’t as common, do you want to sit and wait for weeks and weeks for another contract to pop up? In my opinion, sometimes its worth paying a little more.

march UY

 

[Sunnyore]

What use year? If it's February, someone could have already taken a trip in the 2021 use year.

I’ve been checking mainly Aug use yr since that’s my UY and the contract I have in ROFR has 1 point left for 2021. I didn’t mind that too much since I didn’t need it until 2022 but now questioning how ppl are able to strip their 2021 points with the borrowing rules in place currently.

 

[RapunzelRN]

I’ve been checking mainly Aug use yr since that’s my UY and the contract I have in ROFR has 1 point left for 2021. I didn’t mind that too much since I didn’t need it until 2022 but now questioning how ppl are able to strip their 2021 points with the borrowing rules in place currently.

I’ve wondered the same thing...

 

[KAT4DISNEY]

I’ve been checking mainly Aug use yr since that’s my UY and the contract I have in ROFR has 1 point left for 2021. I didn’t mind that too much since I didn’t need it until 2022 but now questioning how ppl are able to strip their 2021 points with the borrowing rules in place currently.

They might have borrowed before the borrowing restrictions were put in place or as mentioned they could have transferred the points.

 

[Paul Stupin]

march UY

So is mine. Copper Creek. I just paid $156 for a 100 point March UY and I was happy to get it. There are almost none out there, and when they show up, they get snapped up quickly.

 

[RanDIZ]

Just want a little public opinion ... offered $130/pt on a CCV contract on the off chance the seller would say yes, knowing I would go to $135. Seller said no thanks, want $150/pt (full ask) as they still have a loan to pay off. I don’t think I want to pay more than $135, and averages look like $135-140 recently. Thoughts?

I grabbed a CCV in Jan 2021 for $140/pt.

Dec UY 79/2020, 100/2021

Prices have increased a lot in this short time. But I think you’re gonna be around $150. There’s a few out there now in the $160 range. Maybe they started in the $160’s and dropped it already and don’t want to budge any lower. If time is on your side I’d wait it out. On the flip side, you’re talking $1500 on a 100pt contract over the life isn’t much. Good luck.

 

[Paul Stupin]

I grabbed a CCV in Jan 2021 for $140/pt.

Dec UY 79/2020, 100/2021

Prices have increased a lot in this short time. But I think you’re gonna be around $150. There’s a few out there now in the $160 range. Maybe they started in the $160’s and dropped it already and don’t want to budge any lower. If time is on your side I’d wait it out. On the flip side, you’re talking $1500 on a 100pt contract over the life isn’t much. Good luck.

I don’t think there are many March UY contracts at all. None of the usual suspects have one.

 

[achinforsomebacon]

It feels like ROFR is just the luck of the draw sometimes. I'm following a few resorts on the comptroller site and there are stretches where everything seems to be taken, regardless of p/pt. Then there's a period where reasonable deals will pass. Then after a wave of direct sales, the process repeats. It stinks that the timing of when your contract is reviewed can possibly determine whether you pass.

 

[princesscinderella]

It feels like ROFR is just the luck of the draw sometimes. I'm following a few resorts on the comptroller site and there are stretches where everything seems to be taken, regardless of p/pt. Then there's a period where reasonable deals will pass. Then after a wave of direct sales, the process repeats. It stinks that the timing of when your contract is reviewed can possibly determine whether you pass.

How do monitors by resort on their website? I always look up my sellers when I sign a contract but I didn’t know you can see the activity per resort.

 

[GoofyGuy777]

Goofyguy777---$112-$21236-170-SSR-Aug-157/20, 340/21, 170/22- sent 3/4, passed 3/18

Was not expecting to hear back so soon, but looks like we are going to DVC owners!

 

[RapunzelRN]

Goofyguy777---$112-$21236-170-SSR-Aug-154/20, 170/21, 170/22- sent 3/4, passed 3/18

Was not expecting to hear back so soon, but looks like we are going to DVC owners!

Congrats!!

 

[EmilyDisFan]

Just want a little public opinion ... offered $130/pt on a CCV contract on the off chance the seller would say yes, knowing I would go to $135. Seller said no thanks, want $150/pt (full ask) as they still have a loan to pay off. I don’t think I want to pay more than $135, and averages look like $135-140 recently. Thoughts?

It took me 6 tries on different contracts over about 3 weeks to finally get $138 accepted on CCV 150 points. Their asking was $150. I was ready to go a bit higher since it was fully loaded, but pleasantly surprised when they took it.

The other sellers had a very similar response - either wanting full price or only wanting to go down a couple of bucks pp ($145-150). My suggestion is to keep your eyes on multiple brokers since listing prices can vary widely. Good luck in your hunt!!

 

[JETSDAD]

How do monitors by resort on their website? I always look up my sellers when I sign a contract but I didn’t know you can see the activity per resort.

You can watch what Disney is buying by searching for Deeds with DISNEY VACATION DEVELOPMENT INC as the Grantee. If you see the Doc Deed Tax as $0.70 then it was likely a default that they purchased back at Trustee Sale where the judgment was greater than the value so nobody else bothers to bid. If you see larger amounts those are more likely to be ROFR purchases. To search for certain resorts you can put the name of the resort in quotes in the Legal Remarks portion of the Advanced Search tab.

 

[michael730]

Who else also sent end of February to the first few days or March and are hoping to get some good weekend news today?!

 

[princesscinderella]

You can watch what Disney is buying by searching for Deeds with DISNEY VACATION DEVELOPMENT INC as the Grantee. If you see the Doc Deed Tax as $0.70 then it was likely a default that they purchased back at Trustee Sale where the judgment was greater than the value so nobody else bothers to bid. If you see larger amounts those are more likely to be ROFR purchases. To search for certain resorts you can put the name on the resort in quotes in the Legal Remarks portion of the Advanced Search tab.

Thanks I just counted 60 ROFR purchases that have closed for BLT since the first of the year. There were also 22 mortgages taken out to buy BLT direct during that time too. So it’s definitely selling direct even at the crazy prices.

 

[Bcleary1a1]

bcleary1a1---$150-$24357-150-PVB-Apr-105/20, 150/21, 150/22, 150/23- sent 2/28, passed 3/16