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

[pinkxray]

I found an added bonus to picking up one of these small contracts - my first 30 points at BCV.
Total price, with closing, was under $5K. So - I was able to put the whole thing on my DIS-VISA, and get some points!
The Title company has a $2500 limit on CC, which I used for my $2500 Deposit at the time the contract was agreed to.
Before I received my closing docs. for signature, I asked if that $2500 was per Contract, or per Transaction.
Turns out it was the latter, so I put the balance on my CC as well. That also meant I turned my closing docs. around in about 2 hours.
I e-signed the docusign documents, then I received a CC authorization form from the Title Company, which I completed/scanned/returned,
and "lickety-splitz" - it was done.
ET

Which title company did you use? I am in the market for a small pt contract and it would be a nice bonus to throw it on a card and get some extra points.

Thanks!

 

[Lorana]

I found an added bonus to picking up one of these small contracts - my first 30 points at BCV.
Total price, with closing, was under $5K. So - I was able to put the whole thing on my DIS-VISA, and get some points!
The Title company has a $2500 limit on CC, which I used for my $2500 Deposit at the time the contract was agreed to.
Before I received my closing docs. for signature, I asked if that $2500 was per Contract, or per Transaction.
Turns out it was the latter, so I put the balance on my CC as well. That also meant I turned my closing docs. around in about 2 hours.
I e-signed the docusign documents, then I received a CC authorization form from the Title Company, which I completed/scanned/returned,
and "lickety-splitz" - it was done.
ET

Nice!! Which title company let you put the closing balance on your credit card?? I thought they only allowed deposits on the CC, but if there’s a closing company who will let me put the whole thing on a credit card, I think I found my new favorite title company! I do love me some CC points.

 

[Cyberc1978]

Im buying a 2042 okw contract, will there be a way to extend it after i close on it, or can only disney direct do that?

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.

 

[Rustygirl84]

I found an added bonus to picking up one of these small contracts - my first 30 points at BCV.
Total price, with closing, was under $5K. So - I was able to put the whole thing on my DIS-VISA, and get some points!
The Title company has a $2500 limit on CC, which I used for my $2500 Deposit at the time the contract was agreed to.
Before I received my closing docs. for signature, I asked if that $2500 was per Contract, or per Transaction.
Turns out it was the latter, so I put the balance on my CC as well. That also meant I turned my closing docs. around in about 2 hours.
I e-signed the docusign documents, then I received a CC authorization form from the Title Company, which I completed/scanned/returned,
and "lickety-splitz" - it was done.
ET

Wow! I am in a similar situation. I wonder if I could do this as well! I am very close to a companion pass on my SW card and this may put me there. I will have to ask.

 

[Kmedders]

We are using mason title and they let you charge up to $5k on your credit card FYI

 

[Lorana]

We are using mason title and they let you charge up to $5k on your credit card FYI

Things I didn’t know! And Mason is already my favorite.

So they’ll let you break it up between deposit and closing? Mostly because I wouldn’t want to put the full $5k upfront if possible since deposit to closing can be 60 days.

Oh this is now dangerous knowledge to file away. Must. Resist. Urge. To. Go. Look. At. Small. Contracts!!!

 

[Kmedders]

Things I didn’t know! And Mason is already my favorite.

So they’ll let you break it up between deposit and closing? Mostly because I wouldn’t want to put the full $5k upfront if possible since deposit to closing can be 60 days.

Oh this is now dangerous knowledge to file away. Must. Resist. Urge. To. Go. Look. At. Small. Contracts!!!

Yes! I charged my $2k deposit and then when I got my closing docs I charged the $3k and then wired the remaining. Wanted to get ALL of the points

 

[Cyberc1978]

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.

I just checked and the OKW contracts which haven’t been extended seems to pass just as the extended ones do.

So it all comes down to if Disney want to take it or not

 

[Lorana]

Yes! I charged my $2k deposit and then when I got my closing docs I charged the $3k and then wired the remaining. Wanted to get ALL of the points

Im currently weeping at all the reward points I missed out on!

 

[Lorana]

Yes! I charged my $2k deposit and then when I got my closing docs I charged the $3k and then wired the remaining. Wanted to get ALL of the points

i forget. Does Mason code as real estate or travel when it posts to a credit card? Need to maximize my earnings here for that future day when I do give into temptation again.

 

[E2ME2]

Which title company did you use? I am in the market for a small pt contract and it would be a nice bonus to throw it on a card and get some extra points.

Thanks!

Nice!! Which title company let you put the closing balance on your credit card?? I thought they only allowed deposits on the CC, but if there’s a closing company who will let me put the whole thing on a credit card, I think I found my new favorite title company! I do love me some CC points.

I sent you both a message regarding the title company

 

[Cyberc1978]

Im currently weeping at all the reward points I missed out on!

Reward points?

 

[Kmedders]

Reward points?

Credit card points

 

[Kmedders]

i forget. Does Mason code as real estate or travel when it posts to a credit card? Need to maximize my earnings here for that future day when I do give into temptation again.

I need to double check - but I thought I read on this board it codes as travel on chase sapphire

 

[Lorana]

Reward points?

Credit card points

Points for using my credit card, depending on the card. I favor earning Chase Ultimate Reward points, though I usually put DVC direct and annual dues on my Disney Visa for the Disney Rewards (and those dollars go towards our APs). But I also have airline and hotel credit cards, as well as Amex Membership Rewards, so sometimes I switch it up depending on what I am trying to earn. (For example, I put some spend on my Alaska Airlines card to earn enough Alaska miles to get enough points to redeem flights for Hawaii early last year).

 

[Bruggok]

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.

 

[WestCoastDVC]

WestCoastDVC---$166-$17906-100-VGF-Jun-0/19, 100/20, 100/21, 100/22- sent 9/21, passed 10/29

 

[rchristiansen]

Let’s try this again!
rchristiansen---$112-$24662-200-BRV@WL-Jun-0/19, 28/20, 400/21, 200/22-Buyer pays MF ‘21- sent 11/1

Holy Moly! We just got word that it passed!

 

[rchristiansen]

rchristiansen---$112-$24662-200-BRV@WL-Jun-0/19, 28/20, 400/21, 200/22-Buyer pays MF ‘21- sent 11/1, passed 11/7

 

[UrsulaWantsYourSoul]

WOW! 6 Days?!? I wonder what the fastest has been on here. They are on FIRE right now.