ROFR Thread July to Sept 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[MagicalAloha]

Thank You

 

[3 DD love princesses]

3 DD love princesses---$120-$24260-190-PVB-Feb-147/19, 190/20, 190/21-seller pays 1/2 dues- sent 6/26

so put in the offer 6/22 and it was sent to disney on 6/26 hoping this one passes. also I just realized I forgot to share my last one that was taken. here's the info for that one

3 DD love princesses---$125-$20677-160-BLT-Feb-0/19, 3/20, 160/21- sent 3/2, taken 3/17

 

[3ZrWe]

Updated and finally the whole process is completed!

Sent to ROFR 4/2, Passed ROFR 5/5, closed 5/21, Email from DVC to post my new contract 6/26, Points posted to my DVC account 7/10. 99 total days

Congratulations on making it all the way through the process! Definite cause for celebration!!

 

[hlhlaw07]

Just received the buyer’s closing package. Anyone know of a good company that performs remote Notary?

Buyers usually are not required to have anything notarized. Maybe you have some special circumstances, but I would double check your instructions because notaries for buyers are generally not a requirement.

 

[Madmavis]

Updated and finally the whole process is completed!

Sent to ROFR 4/2, Passed ROFR 5/5, closed 5/21, Email from DVC to post my new contract 6/26, Points posted to my DVC account 7/10. 99 total days

Congratulations on making it through the whole process! I can’t wait to post the same

 

[Walker TR]

Yeah a little more than I wanted to spend but the 75 was exactly the amount I was looking for. We have 100 at copper creek and was really looking for a small Saratoga for it but saw OKW with 149 already to go on top of the June use year which is what our copper creek is and jumped

Just curious, why do small point contracts command a high premium? why are they so popular since they only get you a room, or sometime less.

 

[andeesings]

Yinn---$130-$28100-200-CCV@WL-Jun-400/20, 200/21, 200/22- sent 07/5/2020

Having second thoughts though and slightly hoping it'll get taken.

Really??? That seems like a good price!!!! I'm actually jealous!

 

[FinnFogg]

Buyers usually are not required to have anything notarized. Maybe you have some special circumstances, but I would double check your instructions because notaries for buyers are generally not a requirement.

We (as buyers) have had to have all of our Aulani closing docs notarized (3 of them). We did not have to do that for our WDW DVC properties, so must me a Hawaii requirement.

 

[CastAStone]

Just curious, why do small point contracts command a high premium? why are they so popular since they only get you a room, or sometime less.

I don’t think they’re popular with first-time buyers, I think they’re popular with people who decide they want to stay a couple extra nights or upgrade to two bedrooms

 

[MICKIMINI]

Just curious, why do small point contracts command a high premium? why are they so popular since they only get you a room, or sometime less.

Small point contracts IMO are easier for most people to pay cash for and are great for first time DVC buyers to get their foot in the door. Other contracts can be added with the same UY in future years again, helping people eliminate paying interest rates of 10% or more on an initial direct purchase. Many of us enjoy different resorts and with banking and borrowing can stay at one resort one year and the other the next or do split stays. Additionally, some folks buy a 100 point direct contract to get a blue card.

Testing the waters of DVC has much less risk IMO as buying at a fair price and using it for a couple years and deciding it's not for them likely will result in a break even situation at the worst a small loss. Small contracts seem to go no matter the economy from my 25 years experience.

We just added on a 50 and 100 BRV with a June UY. I made at least 6 or 7 bids to get what we wanted at the price we wanted to pay. We already own a couple OKW with Oct UY. This will give us more options for where and when we stay.

 

[pinkxray]

I can’t wait for more June contracts to come back. We sent our contract June 5. I know we have awhile to go since it seems like it is still taking forever to get through closing and get the points but I need my points!! I have been watching YouTube videos of Disney’s opening and want to book something for next year. Don’t care when, just want to go.

 

[Yinn]

Really??? That seems like a good price!!!! I'm actually jealous!

It’s a good price, but not a GRRREAT! price. I may be unfairly comparing it. Ive been watching this guy snag deal after deal for almost a year now.

I would keep it.
I had essentially the exact same contract same size same use year same double points for 127 a few months back.

 

[Walker TR]

Small point contracts IMO are easier for most people to pay cash for and are great for first time DVC buyers to get their foot in the door. Other contracts can be added with the same UY in future years again, helping people eliminate paying interest rates of 10% or more on an initial direct purchase. Many of us enjoy different resorts and with banking and borrowing can stay at one resort one year and the other the next or do split stays. Additionally, some folks buy a 100 point direct contract to get a blue card.

Testing the waters of DVC has much less risk IMO as buying at a fair price and using it for a couple years and deciding it's not for them likely will result in a break even situation at the worst a small loss. Small contracts seem to go no matter the economy from my 25 years experience.

We just added on a 50 and 100 BRV with a June UY. I made at least 6 or 7 bids to get what we wanted at the price we wanted to pay. We already own a couple OKW with Oct UY. This will give us more options for where and when and where we stay.

Interesting perspective, thx

 

[montreid]

montreid---$92-$19200-200-AUL-SUB-Dec-0/18, 0/19, 78/20, 200/21-- sent 6/29

-adding to the bolus of AUL Sub contracts lately. good times. Hopefully this rounds out the points for us (for now!) and just need AUL to open

 

[WestCoastDVC]

montreid---$92-$19200-200-AUL-SUB-Dec-0/18, 0/19, 78/20, 200/21-- sent 6/29

-adding to the bolus of AUL Sub contracts lately. good times. Hopefully this rounds out the points for us (for now!) and just need AUL to open

Great find

 

[pangyal]

Updated!

 

[pangyal]

I passed on 6/24, but I am still shown as waiting. The data string link won’t work for me for some reason.

Could you do me a huge favour and repost your string but with comments between the hyphens (where the "additional information" bits go) explaining why your total is lower than total points x cost per point ?

 

[nicstress]

Kim5726---$132-$22822-160-BLT-Jun-0/19, 296/20, 24/21, 160/22- sent 7/2

This one had a weird point allocation with 136 banked points from 2019 but not many 2021 points. Hoping to use The banked points for an Aulani trip next spring.

I just purchased a contract that originally had a lot of 2021 points gone but then a lot that were banked for 2019 because the seller had cancelled a trip. Disney actually reallocated the points so 2021 was full again and I had less to use or lose by 2021. Maybe the same thing will be done for you. It worked out better for me because I have a big trip planned and needed all my points!

 

[MagicalAloha]

Buyers usually are not required to have anything notarized. Maybe you have some special circumstances, but I would double check your instructions because notaries for buyers are generally not a requirement.

Really, hmmmm

 

[mlittig]

Just received the buyer’s closing package. Anyone know of a good company that performs remote Notary?

Buyers usually are not required to have anything notarized. Maybe you have some special circumstances, but I would double check your instructions because notaries for buyers are generally not a requirement.

If you finance your resale loan, then the seller does need to get some of the forms notarized I used the notary at my bank so it was pretty easy and there was no charge for this service