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

[berti13]

Our last SSR contract was taken by Disney in August. I figure we might as well keep throwing them at the ROFR wall and see if anything slides off and back to us. Hoping to be a DVC member someday.

berti13---$96-$16100-160-SSR-Feb-0/19, 0/20, 320/21, 160/22-seller paying 20 MFs- sent 9/8

 

[HockeyMomNH]

Still waiting for news on our contract, but another thread on the boards this morning got me searching and I now believe that we have an international seller. It's not obvious on the contract, but I looked up the original deed. I guess that explains the delay.

I guess the good news is that it's less likely to get taken by Disney? I hope.

 

[Ruttangel]

This is a long story which I don’t think many people will want to listen to, so here is the contract

Ruttangel---$115-$4450-35-OKW-Feb-0/19, 0/20, 35/21, 35/22- sent 9/8

So, if anyone is keeping track I had a 150 BWV contract taken on 8/28
Since then I found another BWV contract that was only 70pts.
So, I had spare change left.
The OKW contract is the same UY as my main AKV contract and is enough for 3 nights 1BR every 2 years
Also it’s with the same broker that had my deposit from the taken contract and is moving the deposit to allocate it against this contract which is convenient.
We are next at WDW in late August 2022 so partly stripped contracts dint bother me too much. It’s probably not the greatest deal but it was up for $130 and it was a good fit for me.

thanks for listening

I’m not planning any more purchases
Good luck to all those waiting

 

[glennbo123]

Ruttangel---$115-$4450-35-OKW-Feb-0/19, 0/20, 35/21, 35/22- sent 9/8

Is it OKW Extended or Regular? Just curious.

 

[Ruttangel]

Is it OKW Extended or Regular? Just curious.

It’s the diet 2042 OKW not the full fat 2057

 

[Bryan Burmeister]

They ran out of points completely last month. Based on the sales in the Direct Sales thread they’re having zero issue finding buyers. I think they’re right now just trying to keep up.

That's interesting to hear. I wish they would unfurlough more folks in that case.

 

[Rustygirl84]

Rustygirl84---$115-$6142-50-OKW-Mar-50/19, 50/20, 50/21- sent 9/8

One more to my list. I finally closed on one small contract 9/1 and I have one that is getting ready to close. I couldn’t pass up this small loaded contract.

 

[HHISand]

Disney waived ROFR on our contract on 8/12 and since I had not received the closing documents, I checked with a broker and title agent on 8/28 and they said they were still waiting for estoppel letter from Disney and title stuff. I checked again today and got this reply:

"There may be an issue with the title that we have to fix before I can send you the documents.
First American is reviewing the file.

The issue can be fixed but we just have to make sure it is done correctly.

I should hear from First American in a couple of days. As soon as I have some direction, I will finalize the documents."

I am concerned if there is a "title issue". I have emailed them asking what is the title issue but have not heard back from them. Anyone have any insights or advice?

 

[Kenito]

I told myself no more points, but I had a moment of weakness. Here's the result:

Kenito---$127-$22940-175-BCV-Feb-0/19, 0/20, 199/21, 175/22 - sent 9/8

 

[CastAStone]

That's interesting to hear. I wish they would unfurlough more folks in that case.

Someone here shared a couple weeks ago that more DVC guides were being recalled. Can’t remember who.

 

[CastAStone]

Disney waived ROFR on our contract on 8/12 and since I had not received the closing documents, I checked with a broker and title agent on 8/28 and they said they were still waiting for estoppel letter from Disney and title stuff. I checked again today and got this reply:

"There may be an issue with the title that we have to fix before I can send you the documents.
First American is reviewing the file.

The issue can be fixed but we just have to make sure it is done correctly.

I should hear from First American in a couple of days. As soon as I have some direction, I will finalize the documents."

I am concerned if there is a "title issue". I have emailed them asking what is the title issue but have not heard back from them. Anyone have any insights or advice?

Could be a ton of things. Maybe the seller forgot that they added an adult kid to the contract once upon a time. Maybe there’s a loan against it that has minor mistakes in the paperwork. If it’s fixable it’s probably no big deal.

Whatever it is, it’s why you should be glad you paid for a title agency! A problem that isn’t fixed now could make it impossible for you to resell your contract later.

 

[EricLaurie]

Still waiting for news on our contract, but another thread on the boards this morning got me searching and I now believe that we have an international seller. It's not obvious on the contract, but I looked up the original deed. I guess that explains the delay.

I guess the good news is that it's less likely to get taken by Disney? I hope.

We have our first contract pending ROFR for SSR. Our seller is definitely international. Curious why that’s less likely to be taken by Disney? Hope it’s true.

 

[masupo]

I told myself no more points, but I had a moment of weakness. Here's the result:

Kenito---$127-$22940-175-BCV-Feb-0/19, 0/20, 199/21, 175/22 - sent 9/8

Nice price for BCV!

 

[Royal Consort]

I told myself no more points, but I had a moment of weakness. Here's the result:

Kenito---$127-$22940-175-BCV-Feb-0/19, 0/20, 199/21, 175/22 - sent 9/8

I hate when you accidentally sneeze and buy a contract.

 

[Cattrip]

I hate when you accidentally sneeze and buy a contract.

First time buying a resale, but not my first contract (bought direct last year). I found it difficult to figure out what to offer and accept for the OKW 2057- ... I saved close to 6K- not the enormous amounts that other resales save, but still. Last Friday we sent this into Disney :$110-$12590-109-OKW(E)-Dec-0/18, 0/19, 54/20, 109/21- sent 9/4....I don't think I will have problems with it being taken, but I also found the negotiations process clumsy on my end.

 

[Peach026]

35 days today. Anyone think I’ll hear this week? It’s slow torture huh!

 

[glennbo123]

I told myself no more points, but I had a moment of weakness. Here's the result:

Kenito---$127-$22940-175-BCV-Feb-0/19, 0/20, 199/21, 175/22 - sent 9/8

I just noticed that you still have a VGC contract on the "Waiting" list...I assume that passed during the 'good ol' days' of no ROFR being exercised?

 

[HockeyMomNH]

We have our first contract pending ROFR for SSR. Our seller is definitely international. Curious why that’s less likely to be taken by Disney? Hope it’s true.

I'm not sure exactly why, but I have seen it discussed here on the boards. I would guess it has to do with the extra paperwork and tax requirements.

 

[Kenito]

I just noticed that you still have a VGC contract on the "Waiting" list...I assume that passed during the 'good ol' days' of no ROFR being exercised?

No word yet on my VGC contract. Sent 7/31 so I should hear back very soon. At $195 it wasn’t an amazing deal so hope it gets through.

 

[glennbo123]

No word yet on my VGC contract. Sent 7/31 so I should hear back very soon. At $195 it wasn’t an amazing deal so hope it gets through.

Fingers crossed!