ROFR Thread September-December 2015 *PLEASE USE NEW THREAD*

[pangyal]

So, just hit a bump in the road with my OKW contract. Got an email from broker that the property had a second deed, which was just in one of the sellers names. They need us to resign the original contract which now reflects just one seller and then send it back to Disney to ask them for a waiver. Anyone else ever have this happen? I'm just hoping this is a formality and not a second chance for them to decide to take it back!!

Did they specify what kind of waiver?

Usually, once they pass on ROFR, they can't decide to take it back after all. It could be the underwriters needing the correct paperwork in order to approve the transfer. I wouldn't worry

 

[pangyal]

Should have posted earlier this week, but found out 10/5 we passed ROFR:
slmjam---$113-$10,170-90-BCV-Dec-54/'15, 90/'16, 90/'17- sent 9/15, passed 10/5

Wasn't pleased with the price, but we needed more points and wanted BCV

CONGRATULATIONS!!!

 

[pangyal]

All right everyone, I've removed all data older than 40 days from the "waiting" list. We don't want to mess with Cap'n Robb's awesome stats

 

[jnjhuddle]

Did they specify what kind of waiver?

Usually, once they pass on ROFR, they can't decide to take it back after all. It could be the underwriters needing the correct paperwork in order to approve the transfer. I wouldn't worry

I clarified with the broker. She said it does not need to go through rofr again, but just back to Disney so they can issue a new waiver with the name change and then title company can proceed with the closing documents. Shouldn't be any delays with closing which should be on or before December 1st. I'm in no hurry with that part anyway, no plans for the points (for now). Although once they go in my account, I'm sure I will find a use for them!!

 

[pangyal]

I clarified with the broker. She said it does not need to go through rofr again, but just back to Disney so they can issue a new waiver with the name change and then title company can proceed with the closing documents. Shouldn't be any delays with closing which should be on or before December 1st. I'm in no hurry with that part anyway, no plans for the points (for now). Although once they go in my account, I'm sure I will find a use for them!!

That's what I thought. Phew ;-)!

 

[tb1972]

Thanks - I initially provided all info regarding our BWV add on contract about a month ago. However, it appears the thread has changed so I'm unsure where my original info is.

Here's the original message copied from the other thread on 9-7.

tb1972---$119-$5,950.00-50-BWV-Dec-50/'15, 50/'16-seller accepted offer yesterday


tb1972, Sep 7, 2015 Report

 

[kapicka]

kapicka---$81-$12960-160-SSR-Feb-160/14, 160/15, 160/16, 160/17- sent July 8th, Received Points Sept 15th

 

[pangyal]

kapicka---$81-$12960-160-SSR-Feb-160/14, 160/15, 160/16, 160/17- sent July 8th, Received Points Sept 15th

That seems really fast, congrats!

 

[LionKingCPA]

LionKingCPA---$110-$25,955-230-BLT-Feb- 0/'14, 0/'15, 17/'16, 230/'17- sent 09/14, passed 10/02. . .Seller paid 15 dues and prorated 16 dues

Thanks to everyone who posts to these boards. First time buyer - the information and discussions are REALLY helpful.

 

[LoLaRae]

After 7 years of daydreaming about it, I can finally add myself to this!! This thread has been amazingly helpful in this process so far.

Lolarae---$117-$11700-100-BLT-Jun-0/15, 96/16, 100/17-sending 10/13

 

[dvcmom14]

dvcmom14---$85-$14,080-160-AKV-April-28/'15, 160/'16, 160/'17- sent 8/12, passed 9/8 (still waiting on closing docs as of 10/11)

 

[RobbW]

kapicka---$81-$12960-160-SSR-Feb-160/14, 160/15, 160/16, 160/17- sent July 8th, Received Points Sept 15th

Congrats! Could you let us know when you passed ROFR, when you received closing docs, and when the deed was finally recorded at OCC? Thanks!

 

[RobbW]

Monday morning report time! Buyers who *should* be hearing back about ROFR within the next week:

 

[pangyal]

Here's the original message copied from the other thread on 9-7.

tb1972---$119-$5,950.00-50-BWV-Dec-50/'15, 50/'16-seller accepted offer yesterday


tb1972, Sep 7, 2015 Report

Perfect, thanks and good luck !

 

[pangyal]

LionKingCPA---$110-$25,955-230-BLT-Feb- 0/'14, 0/'15, 17/'16, 230/'17- sent 09/14, passed 10/02. . .Seller paid 15 dues and prorated 16 dues

Thanks to everyone who posts to these boards. First time buyer - the information and discussions are REALLY helpful.

Congratulations!!!

 

[pangyal]

After 7 years of daydreaming about it, I can finally add myself to this!! This thread has been amazingly helpful in this process so far.

Lolarae---$117-$11700-100-BLT-Jun-0/15, 96/16, 100/17-sending 10/13

Best of luck ! Hope there is not much more waiting, 7 years is long enough .

 

[pangyal]

dvcmom14---$85-$14,080-160-AKV-April-28/'15, 160/'16, 160/'17- sent 8/12, passed 9/8 (still waiting on closing docs as of 10/11)

Congrats !

 

[jbinder95]

After looking at the data on the first page of this thread, it seems the longer it takes ... the better chance of ROFR being exercised. I'm on day 18. Fingers crossed!

 

[krazy4crusing]

I would like to start by thanking you all from the bottom of my heart. Your advice and answers to my many questions over the years has allowed me to finally get to a point that I can post our purchase on this board. Thank you!

That being said, here is our contract:

krazy4crusing---$83--$16,600 200- SSR- Aug-18/14, 200/15, 200/16, 200/17- seller pays all dues for 2014 and 2015 buyer pays closing sent October 2nd waiting...

 

[kmurphy11795]

$80-$16,000 200-SSR Oct 145/15, 200/16, buyer pays dues for remaining 2015 points and 2016 points and closing costs sent 10/12