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

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My 90 days is turning into 150. But I knew what I was getting into given the pandemic.

I had an approved offer in early May, ROFR in late June, I closed mid July, seller docs lost in mail, but we recorded on 8/21 by the Comptroller. My title company said I should see the points within 7 weeks.

The whole process took me 4 months.
 
So some people seem to get their closing documents a few days after ROFR and some people are waiting nearly a month!? Is this on Disney or the title company or a combination? In the email where my broker confirmed ROFR had been waived I was told to expect closing documents in 10-14 days so was expecting them this week? (ROFR passed 1 week ago today).
Title company sends closing docs. Depends on when they get the estoppel. Broker should be able to tell you when they get the estoppel
 
Congrats on picking up a small contract! Having just finished the process on our first contract we've started occasionally looking for smaller contracts, but $130pp.. 🤯

I’ve been keeping an eye out for a small pt contract with April use year and they are not common, so I was willing to pay a bit more for what I wanted. It was listed at $135 originally, and I put an offer almost within 2 hours of it being posted and it had already had accepted a full price offer. Then I saw it get reposted the next day, so I jumped. This price is pretty typical for this size contract, I think. I’ve seen many listed in the $140-$150 range, only accepting asking price. So yes, as with all small contracts it’s at a premium, but I think pretty average at this time period. So if you’re looking for smaller contracts, I’d set your expectations accordingly. Of course, you can always wait it out to see if pricing gets better, but there’s always the possibility that it gets worse too!
 
I’ve been keeping an eye out for a small pt contract with April use year and they are not common, so I was willing to pay a bit more for what I wanted. It was listed at $135 originally, and I put an offer almost within 2 hours of it being posted and it had already had accepted a full price offer. Then I saw it get reposted the next day, so I jumped. This price is pretty typical for this size contract, I think. I’ve seen many listed in the $140-$150 range, only accepting asking price. So yes, as with all small contracts it’s at a premium, but I think pretty average at this time period. So if you’re looking for smaller contracts, I’d set your expectations accordingly. Of course, you can always wait it out to see if pricing gets better, but there’s always the possibility that it gets worse too!
For sure, all great info here, thanks!
 
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