ROFR Thread July to Sept 2024 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[mistysue]

I'm just going to throw out there while people are able to choose closing companies for their purchases: in addition to the sort of slow movement and the two week long tech issue, once I got notice my contract closed it took another 4 business days for Orange county to process it. I'm just saying this is my 7th time sending something to Orange county and the first time it wasn't processed by day 2... my suspicion is it didn't get sent same day either.

Beginning to end - it was just short of three weeks from "all paperwork from both parties and funds are in" to "Orange county registered it to me"
On the one hand not bad, but given that with other companies it has been more like 2-3 days, it's sort of a long time and could make a huge difference if someone was looking at a banking deadline as it's still up to a month before I get to see points from Disney. This was using magic vacation title.

 

[Tianamama]

Tianamama---$100-$11757-100-BWV-Dec-48/23, 200/24, 100/25- sent 7/17, passed 8/15

 

[boba_balla]

I'm just going to throw out there while people are able to choose closing companies for their purchases: in addition to the sort of slow movement and the two week long tech issue, once I got notice my contract closed it took another 4 business days for Orange county to process it. I'm just saying this is my 7th time sending something to Orange county and the first time it wasn't processed by day 2... my suspicion is it didn't get sent same day either.

Beginning to end - it was just short of three weeks from "all paperwork from both parties and funds are in" to "Orange county registered it to me"
On the one hand not bad, but given that with other companies it has been more like 2-3 days, it's sort of a long time and could make a huge difference if someone was looking at a banking deadline as it's still up to a month before I get to see points from Disney. This was using magic vacation title.

I just bought a contract with a March UY that still has 2024 points. As part of my offer, I requested that the 2024 points be banked by the seller and confirmed it's listed in the Purchase Agreement, just in case things take longer than expected and I can't bank them myself by the October deadline.

 

[VGCgroupie]

I just bought a contract with a March UY that still has 2024 points. As part of my offer, I requested that the 2024 points be banked by the seller and confirmed it's listed in the Purchase Agreement, just in case things take longer than expected and I can't bank them myself by the October deadline.

I did the same with a Feb UY I’m in ROFR for. After my last resale timeline no way I was trusting that I’d be closed in time.

 

[mistysue]

I just bought a contract with a March UY that still has 2024 points. As part of my offer, I requested that the 2024 points be banked by the seller and confirmed it's listed in the Purchase Agreement, just in case things take longer than expected and I can't bank them myself by the October deadline.

Smart, I just want to put it out there, because even without that consideration I didn't expect the realtor/closer paperwork portions of this to take as long as our ROFR did.

 

[VGCgroupie]

VGCgroupie---$118-$19980-160-AUL-Feb-0/23, 151/24, 160/25, 160/26-Subsidized, seller pays MF '24- sent 7/18, passed 08/15

 

[juliebee]

I'm just going to throw out there while people are able to choose closing companies for their purchases: in addition to the sort of slow movement and the two week long tech issue, once I got notice my contract closed it took another 4 business days for Orange county to process it. I'm just saying this is my 7th time sending something to Orange county and the first time it wasn't processed by day 2... my suspicion is it didn't get sent same day either.

That is probably good info for the Closing Time thread too. I just closed yesterday on a contact. Here was yesterday's timeline with using DVC Title and Escrow-- got email at 9:30am that the contract closed. Searched Orange County comptroller last night and saw they recorded it before 3pm yesterday. I think Orange County is incredibly fast and would blame your escrow company.

 

[MilesMouse]

VGCgroupie---$118-$19980-160-AUL-Feb-0/23, 151/24, 160/25, 160/26-Subsidized, seller pays MF '24- sent 7/18, passed 08/15

Glad to see yours passed and came through today. We're still waiting on ours with no word yet.

 

[VGCgroupie]

Glad to see yours passed and came through today. We're still waiting on ours with no word yet.

Hopefully you will know by tomorrow morning so you don't have to wait out the weekend.

 

[DougEMG]

DougEMG---$110-$34134-300-RIV-Aug-0/23, 225/24, 300/25, 300/26-Seller pays 2024 MF- sent 8/15

 

[MsKellyMouse]

Thanks! I made the argument that they should pay the '24 MF since it's almost the end of the year and we're going to have to pay in Jan.

MF? Maintenance Fee?

 

[VGCgroupie]

MF? Maintenance Fee?

Yes

 

[crackerjack21]

Reflections (or whatever they are doing over there) was my first thought, but you're right it could be OKW 2.0. lol

Newbie here, not following how ROFRing CCV would relate to possible Reflections?

 

[HappyChurro]

HappyChurro---$95-$11023-100-BRV@WL-Feb-0/23, 100/24, 100/25- sent 7/17, passed 8/15

 

[pangyal]

Updated!

I might not be able to update until after Labour Day, but it's okay, because I will finally get to ride RNRC with the Iron Man theme that I believe it rightfully should have

 

[Chili327]

Newbie here, not following how ROFRing CCV would relate to possible Reflections?

Hmm, i guess i was thinking that whatever the new permits were for.

 

[AstroBlasters]

Hmm, i guess i was thinking that whatever the new permits were for.

That is at LEAST a few years away. I think CCV and BLT are just too darn cheap. After the BLT remodel I could see them ROFRing up BLT… it’s so close to MK to show and with all of the expansion….

 

[Sandisw]

That is at LEAST a few years away. I think CCV and BLT are just too darn cheap. After the BLT remodel I could see them ROFRing up BLT… it’s so close to MK to show and with all of the expansion….

I am not sure how the refub would make them want contracts at BLT any more than today when they have plenty of product to sell, especially given the PVB tower.

They don't want to own a lot of points they can not sell because, while they don't pay dues on them, they do have to cover any shortfall at the end of the year, and the more points they own, the potential for a shortfall is greater.

If BLT goes up in price, IMO, it will be because of renewed interst by the resale buyer due to the refurb. As you say, its location is a strong one!

 

[Roo76]

Is it just me or is ROFR moving really slow all of a sudden?

 

[OlieRow]

Is it just me or is ROFR moving really slow all of a sudden?

Offer accepted today, hopefully off to ROFR Monday, that’s not what I want to read!