ROFR Thread July to Sept 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[ajiuo]

I'm 6/22 and still waiting.

Well, as long as they evaluate at least one contract a day, we will all get there before you know it.

 

[ajiuo]

What is the time limit that Disney has for ROFR? I thought I read 30 day somewhere… wouldn’t that make us clear?

 

[andyc83]

I think the questionable contracts go in a basket and just sit there until someone wants direct and they pull it out of the pile and stamp it (really hard) with a giant red ink ROFR.

After the paper gets dusty and starts to turn yellow they finally start passing them...and we are apparently all represented by a crinkled piece of paper stacked in a pile just waiting for a happy new owner (and I don't mean direct)!

hahahahah

 

[FSUSammy]

What is the time limit that Disney has for ROFR? I thought I read 30 day somewhere… wouldn’t that make us clear?

I was thinking of asking the same question. I think I'm at day 31 now. But I'm also not sure any of that even matters either.

 

[ajiuo]

I was thinking of asking the same question. I think I'm at day 31 now. But I'm also not sure any of that even matters either.

I’m at 35 days

 

[andyc83]

I’m at 35 days

Last year at this time, I was just shy under 3 months from Offer accepted to points in account. About 45 days to get through ROFR. Hopefully nothing like that this time around for me. Ha!

 

[ajiuo]

So I did a little digging. It sounds like they have to respond by the estimated closing date… but have to be notified at least 30 days before closing.

My closing date is august 5th. So I guess I should expect to hear something by the end of-next week.

I kind of wonder if the people on the same ROFR dates as me had an earlier closing date and that’s why got word already…. Closing date would be useful information.

 

[TerrorPigeon]

Congratulations!!!

I’m a little worried now. Mine was sent on 6/21… 35 day with no word.

What was your broker and title companies?

My broker was DVC Resale Market and my title company was Magic Vacation Title.

 

[TerrorPigeon]

What is the time limit that Disney has for ROFR? I thought I read 30 day somewhere… wouldn’t that make us clear?

There is no time limit. Around 30 days is just what it typically takes.

 

[ABE4DISNEY]

6/21: 3 passed, 4 waiting (which obviously you're part of), 0 taken
6/22: 0 passed. 1 waiting, 0 taken
6/24: 0 passed, 2 waiting, 0 taken
6/25: 0 passed, 3 waiting, 0 taken
6/28: 0 passed, 2 waiting, 0 taken
6/30: 0 passed, 3 waiting, 1 taken
7/1: 1 passed, 1 waiting (that's me), 0 taken

I'm in the 6/25 group!!

 

[IWhipMyRayaHair]

IWhipMyRayaHair---$290-$30640-100-VGC-Jun-100/20, 100/21, 100/22- sent 7/6

 

[ajiuo]

Hopefully Disney sends at least one more person word on their contract today!!!

 

[Chia1974]

How long do you all see your points loaded buying resale? I’m over 2 months now and nothing. I’m an existing member.

 

[macman123]

How long do you all see your points loaded buying resale? I’m over 2 months now and nothing. I’m an existing member.

That really depends. After ROFR then the Title Co get the estoppel from Disney. That takes around 3 weeks.

Closing docs are then provided and signed. This depends on how long buyer/seller take to send back

Once signed then the contract is closed. It generally takes 3 weeks for the contract to be added to the account.

Then for points its less than 7 days.

So it really depends where you are in the process. I would suggest reading the closing thread for current times:

https://www.disboards.com/threads/closing-time.3392820/

 

[Chia1974]

That really depends. After ROFR then the Title Co get the estoppel from Disney. That takes around 3 weeks.

Closing docs are then provided and signed. This depends on how long buyer/seller take to send back

Once signed then the contract is closed. It generally takes 3 weeks for the contract to be added to the account.

Then for points its less than 7 days.

So it really depends where you are in the process. I would suggest reading the closing thread for current times:

https://www.disboards.com/threads/closing-time.3392820/

My deed was recorded on 7/8 but Disney was not doing transfer till 7/21. Now I wait.

 

[macman123]

My deed was recorded on 7/8 but Disney was not doing transfer till 7/21. Now I wait.

Sure. I would check the closing thread as that will give you a similar timeframe.

 

[Ginamarie]

What was the asking price? I feel the brokers/seller won’t even entertain the low offers.

Have you been trying with Aulani contracts? I think Aulani has the biggest gap right now between listing prices and accepted offers.

 

[ndpunk]

ndpunk---$128-$19865-150-AKV-Mar-0/20, 0/21, 187/22, 150/23- sent 6/30, passed 7/26

Received the email from the broker yesterday afternoon! Hopefully everyone else sent in this range receives good news soon as well!

 

[andyc83]

ndpunk---$128-$19865-150-AKV-Mar-0/20, 0/21, 187/22, 150/23- sent 6/30, passed 7/26

Received the email from the broker yesterday afternoon! Hopefully everyone else sent in this range receives good news soon as well!

yay, hoping my $127 passes at AKV!

 

[Chia1974]

Have you been trying with Aulani contracts? I think Aulani has the biggest gap right now between listing prices and accepted offers.

Not buying more for now but AUL was good deal for a few.