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

[ahward]

ahward---$107-$15535-140-AKV-Mar-0/19, 0/20, 140/21, 140/22- sent 6/17

 

[3 DD love princesses]

I am still waiting for ROFR on my CCV contract sent on 5/5. The contract quotes that it should close on 29th of June OR 30 days after receiving estoppel information. My broker says that we have to wait to receive estoppel info from Disney for closing (and the closing company confirms it). Is there really nothing I can do? I would like to cancel the contract, as 2 months just waiting for ROFR is simply too long... (without loosing my deposit)

Hopefully by now you have heard if you passed ROFR. If you haven’t something seems out of place since it looks like they are passing June contracts now. I’d call your broker and find out the date it passed.

 

[wrdoc]

wrdoc---$102-$27004-240-BWV-Apr-0/19, 240/20, 240/21, 240/22- sent 5/21


Still waiting. I contacted the broker yesterday to make sure I hadn't missed an e-mail and the broker promptly responded and confirmed we are still waiting. It was a good price on the contract and I'm paranoid now that they've set it aside for buy back when they start buying back. Contract closing date is 7/21/20 "unless extended by the title company for administrative reasons."

 

[FinnFogg]

FinnFogg---$52-$8490-175-VB-Apr-0/20, 70/21, 175/22 - sent 7/10

*edited to correct total purchase price. First time posting and I neglected to account for closing costs and maintenance fees.

This is our 5th DVC contract (all resale). We currently have 510 points at Aulani (Oct use year over 3 contracts) and 310 at OKW (Apr use year). We were looking for some “cheap” (I know, I know...the maintenance fees are a killer) sleep around points to add to our April membership. We are west-coasters, so typically use our “cheaper” April points for OV GVs at Aulani or 1 bedrooms are VGC (we have historically had good luck with both at 7 months).

 

[MICKIMINI]

MICKIMINI---$110-$6354-50-BRV@WL-Jun-0/19, 80/20, 50/21, 50/22- sent 7/10

This contract is an add on to the 100 BRV we bought a few weeks ago for $99. When it popped up Monday morning, I waited until early Thursday morning to bid on it. Asking was $120 and I offered $100. Average cost for 150 points is $102.66. I had a deadline of Thursday afternoon and we were able to make a deal at $110. Deadlines create a sense of urgency for the seller IMO. Waiting a few days and risking loosing it was a gamble on my part, but it gave me a bit of leverage. We'll likely rent some points that we don't need and apply that to the contract price. That has been my MO for years and has worked well for us.

It's part of our retirement plan and will give us more flexibility to be snowbirds at DISNEY for 5 +/- weeks in a studio (hmmm) or more likely (to keep the peace) a combo of studio and 1 BR moving around the property with some cash nights at VB in between for a month total.

 

[WestCoastDVC]

WestCoastDVC---$97-$25722-250-AUL-Jun-0/19, 85/20, 250/21, 250/22-Subsidized dues- sent 7/10

 

[Drewferin]

Addonitis hits again... I couldn't resist and my wife agreed to do it within seconds. So much for talking me off the ledge. Plus side is we were planning on do runDisney in April and now we have the points for the stay instead of paying cash.

Drewferin---$135-$7548-50-AKV-Dec-0/19, 100/20, 50/21- sent 7/15

 

[EatMoreVeg]

Addonitis hits again... I couldn't resist and my wife agreed to do it within seconds. So much for talking me off the ledge. Plus side is we were planning on do runDisney in April and now we have the points for the stay instead of paying cash.

Drewferin---$135-$7548-50-AKV-Dec-0/19, 100/20, 50/21- sent 7/15

Gosh, you jumped quick on that one! Literally just saw it posted lol

 

[#DVCnuts]

I also closed in early June (deed recorded on 6/4) and I got an email that membership login information should be sent out by tomorrow then its taking 1 to 2 weeks to get the points loaded into your account.

I also closed in early June (deed recorded on 6/4) and I got an email that membership login information should be sent out by tomorrow then its taking 1 to 2 weeks to get the points loaded into your account.

I just checked for an email and don’t see anything, including in my junk mail. Could you share what email address this was from? So I can do a search? Thanks so much! We have bought 2 other resales and once closed they only took about 2 weeks.

 

[to be tink]

ToBeTink---$100-$17777-160-AKV-Aug-74/19, 150/20, 160/21, 160/22- sent 7/8

 

[Brodi18]

I don't understand how you paid less---$107 x 100 points=$10,700.00.
You said you paid $10,468.00 total with closing costs and everything.
"Brodi18—$107-$10468-100-AKV-Mar-0/19,0/20,4/21,100/22 "
How does that work?

And congratulations of doing it. Let us know how to do that! haha

I think it is because we don’t get points (besides 4) until March 2022. The seller is paying for 2021 dues (minus the 4), which is lowering our total.

 

[kevtlas]

ToBeTink---$100-$17777-160-AKV-Aug-74/19, 150/20, 160/21, 160/22- sent 7/8

Very nice!

 

[njmeisje]

I think it is because we don’t get points (besides 4) until March 2022. The seller is paying for 2021 dues (minus the 4), which is lowering our total.

I probably should have adjusted my info with the maint fees credit too. I'll fix it when the PASS info comes. See what I did there.....wishing it into reality!

 

[G.C.]

Day 39ish here, I got an e-mail from DVC today. You may have as well.

Title: “It’s the moment we’ve all been waiting for!

Contents: Ad for direct sales.

No. No, that was not the moment I’ve been waiting for, but well played, DVC. Well played.

 

[Kylie_1504]

ToBeTink---$100-$17777-160-AKV-Aug-74/19, 150/20, 160/21, 160/22- sent 7/8

I made an offer on this one too (my very first offer) and they told me it had full price offers lol. I lowballed $90pp but was open to negotiate but they shut me down.

Congratulations! We have plenty of time to wait for another we are overseas so can’t see us heading there anytime soon.

 

[tputorti]

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

 

[MagicalAloha]

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

 

[MagicalAloha]

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

Oh wow that took awhile

 

[LadybugsMum]

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

Try your bank, but if they aren't seeing people in person, then a UPS store should be able to do it.

 

[3 DD love princesses]

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

check with your bank many of the banks are doing it curbside