ROFR Thread Oct to Dec 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[I Run Long]

MIL recently passed at $102/pt for 150, early last week so hopefully you’re good

That's great to hear! Gives me renewed hope.

 

[Red Dog Run]

I believe that you will be required to sign off as well during closing. From what I read, all new owners buying resale have to sign it, giving up any rights for the extension.

I don't think so. I just bought two resale OKW 70 contracts. One is done with pts in the membership, the other still in process. I didn't have to sign a waiver. I think it is just bound to the date on the contract. I'll double check, but I don't recall any waiver.

 

[z71tray]

z71tray---$150-$16391-100-VGF-Jun-0/19, 100/20, 200/21, 100/22- sent 10/29/20, passed 11/6

 

[Sandisw]

I don't think so. I just bought two resale OKW 70 contracts. One is done with pts in the membership, the other still in process. I didn't have to sign a waiver. I think it is just bound to the date on the contract. I'll double check, but I don't recall any waiver.

I corrected myself in a later post. It is the seller who would have been required to sign it, if it was true. not the buyer. Not sure why I phrased it that way.

And, the report was that it was only sellers who were the original owners of the resort, If someone buys a resale from an owner, who had bought it resale, it would have already been done,

IIRC, it was basically so anyone who wanted to sell who bought before the extension happened, had to sign that quit Claim deed.

I guess the only way to know for sure is for someone who has sold OKW and bought direct when it opened whether they had to or not.

 

[CLE2WDW]

Bruggok---$135-$30425-200-BLT-Oct-0/19, 200/20, 200/21- sent 11/2, taken 11/7

BLT buyers beware of the horrible, terrible, no good, very bad ROFR monster.

Just out of curiosity were you paying for 2019 and 2020 MFs in this offer?

 

[Bruggok]

Just out of curiosity were you paying for 2019 and 2020 MFs in this offer?

Yes both plus closing. p.s. sorry I was wrong. actually paying for 2020 and 2021 MFs plus closing, not 2019.

 

[poofyo101]

Looks like its BLT's turn to get bought back aggressively now.

 

[CLE2WDW]

Looks like its BLT's turn to get bought back aggressively now.

I’m not so sure... I’ll be curious to see the 4th quarter buyback report. This could have been an isolated buyback with a direct buyer in queue by DVC.

 

[poofyo101]

I’m not so sure... I’ll be curious to see the 4th quarter buyback report. This could have been an isolated buyback with a direct buyer in queue by DVC.

It was due time before they started back with BLT, just a guess.

 

[Ssplashhmtn]

z71tray---$150-$16391-100-VGF-Jun-0/19, 100/20, 200/21, 100/22- sent 10/29/20, passed 11/6

Great deal, congrats! Curious who pays 2020 MF's? Also was it an international seller?

 

[JennaWest]

Bruggok---$135-$30425-200-BLT-Oct-0/19, 200/20, 200/21- sent 11/2, taken 11/7

BLT buyers beware of the horrible, terrible, no good, very bad ROFR monster.

My agent said she’s had a few taken at $142 very recently when I debated between akv and blt and she said much better chance getting akv through rofr on a great deal bc blt is apparently on their hotlist to take right now and she said so is ssr and okw

 

[SBurk13]

Sburk13---$100-$9177-80-OKW-Jun-0/19, 80/20, 80/21, 80/22-Seller pays MF 20- sent 10/21, taken 11/8

 

[MICKIMINI]

Sburk13---$100-$9177-80-OKW-Jun-0/19, 80/20, 80/21, 80/22-Seller pays MF 20- sent 10/21, taken 11/8

I'm so sorry you lost that one! Hopefully you'll find a better contract for a similar price. My two 25 point OKW's just passed at $100 each. They can't take them all...good luck on the next one!

 

[ddubaynavarro]

IMO there is a higher risk than normal that Disney will take it if it haven't been extended.

I haven't checked myself but you could go and check the ROFR thread for the past 12-18 months to see how many OKW contracts that wasn't extended and also passed ROFR. Have in mind that during April 2020 and August (ish) all contracts passed, so don't use that timeframe as what to do or not.

Yeah i had one that didn't pass, then the asking on this one was 99 so i paid full price, and since it had an international seller i felt more confident it would go through. I guess we shall see. If it doesn't pass, i will go for an extended contract on the next one.

 

[SBurk13]

I'm so sorry you lost that one! Hopefully you'll find a better contract for a similar price. My two 25 point OKW's just passed at $100 each. They can't take them all...good luck on the next one!

Glad to hear yours went through! OKW def seems to be hot for ROFR right now. Super bummed, but the search continues!

 

[Cyberc1978]

Yeah i had one that didn't pass, then the asking on this one was 99 so i paid full price, and since it had an international seller i felt more confident it would go through. I guess we shall see. If it doesn't pass, i will go for an extended contract on the next one.

The international seller part might be what actually gives you the free pass for ROFR

 

[MICKIMINI]

I bought from an international seller this year 100 BRV which went through at $99. I had two others in the past couple years that went through but that was before the aggressive ROFR started...grrrrr! I have always suggested just going for it and taking your chances. The one that figures out the ROFR "formula" wins the prize LOL!

 

[lopo]

Just thought I'd mention that I attempted to purchase BLT resale: $145 per point x 160 and 3 weeks after it was submitted, Disney bought it. :-(

 

[pangyal]

Updated!

 

[ddubaynavarro]

The international seller part might be what actually gives you the free pass for ROFR

Good lord, I hope so!