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

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Very good price!!!! Is the seller paying all closing costs as well? Based on the total cost, it looks like you are paying no MF or closing costs. Good luck with ROFR.

That is correct. Seller pays all closing costs and MF for 2021. I expect it to not pass ROFR. I think it probably depends on what UY they are looking to ROFR. But there is no downside in trying.
 
Very good price!!!! Is the seller paying all closing costs as well? Based on the total cost, it looks like you are paying no MF or closing costs. Good luck with ROFR.

Can’t agree more! Given the “taken” prices back in July for AKV which were a good $10+ per point higher I have to think this one has a good shot at getting taken but you never know!! None of us really knows why Disney does what it does.
 

That is correct. Seller pays all closing costs and MF for 2021. I expect it to not pass ROFR. I think it probably depends on what UY they are looking to ROFR. But there is no downside in trying.
At that price you could probably strip it and flip it maybe even for a profit!
 
Can’t agree more! Given the “taken” prices back in July for AKV which were a good $10+ per point higher I have to think this one has a good shot at getting taken but you never know!! None of us really knows why Disney does what it does.
correct. But they let a few as early as last June go through at $108. and one passed last month at $112. I think I could have got the seller down even a little more, but I wanted to get an actual shot at passing.
 
That is correct. Seller pays all closing costs and MF for 2021. I expect it to not pass ROFR. I think it probably depends on what UY they are looking to ROFR. But there is no downside in trying.
You never know! I had a loaded SSR contract that passed ROFR at $120pp last week, when ones were being taken at $125-130pp at the time I submitted. Good luck!
 
Question for you all on closing..........does it usually take a seller over two weeks to return closing papers? They had told me that the day after the closing papers were received, we could close. But it's been two weeks since they sent the papers and the sellers haven't returned them yet...........should I be concerned or is this normal?
 
Question for you all on closing..........does it usually take a seller over two weeks to return closing papers? They had told me that the day after the closing papers were received, we could close. But it's been two weeks since they sent the papers and the sellers haven't returned them yet...........should I be concerned or is this normal?

Normal? It's within standard deviation. But this always confounds me. If you are selling, don't you want the money?

Side note: Based on advice here, I wait until the seller returns their closing papers (and payment!) before wiring the money. The horror stories are, unfortunately, legendary.
 
Normal? It's within standard deviation. But this always confounds me. If you are selling, don't you want the money?

Side note: Based on advice here, I wait until the seller returns their closing papers (and payment!) before wiring the money. The horror stories are, unfortunately, legendary.
That's what I wondered! I was out of town for a few days, so I figured I was the one they were waiting on! To find out they still haven't sent them in baffles me.
 
Question for you all on closing..........does it usually take a seller over two weeks to return closing papers? They had told me that the day after the closing papers were received, we could close. But it's been two weeks since they sent the papers and the sellers haven't returned them yet...........should I be concerned or is this normal?

It took my sellers 25 days to return their closing docs. I followed up with the title company after 2 weeks. The sellers said they were traveling and would take at least another week to return the docs. They returned them the day they said they would and we (finally) closed yesterday!

Now begins the wait for the points...
 
Question for you all on closing..........does it usually take a seller over two weeks to return closing papers? They had told me that the day after the closing papers were received, we could close. But it's been two weeks since they sent the papers and the sellers haven't returned them yet...........should I be concerned or is this normal?

It can take that long yes. Unfortunately sellers have to get to a notary and it’s not always easy to do right now. Some sellers also need to bring money to closing because they owe money and the proceeds from the sale are not enough.

I think most sellers do try to get them in as soon as possible but things happen. My recent seller took a month. He was in the Navy and didn’t get to the notary right away and then something delayed him having to do with that.
 
Question for you all on closing..........does it usually take a seller over two weeks to return closing papers? They had told me that the day after the closing papers were received, we could close. But it's been two weeks since they sent the papers and the sellers haven't returned them yet...........should I be concerned or is this normal?
Lately, it seems to be more 'normal' for the sellers not to care when they get their stuff in - I've had a few late sellers. In ROFR purgatory now. Brokers says should be mid week. I am OKW-E and they just raised the price so...
 
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