The "Waiting for ROFR" support group thread

[disneymotherof3]

Ok....here's our timeline:

Feb. 9 - Contacted TTS by e-mail to inquire about our contract.

Feb. 10 - Received an e-mail from Scot at TTS with the info and called him and told him that we wanted to put in an offer on it.

Feb. 11 - Received the contract and paperwork

Feb. 13 - Submitted to Disney for ROFR

Feb. 18 - TTS receives check

Feb. 21 - Received Escrow info from TSCS

Feb. 29 - Passed ROFR (but didn't find out until March 5)

March 19 - Received Closing paperwork and sent it back the same day with a check for the remaining balance

March 26 - CLOSED!!!!!


So all together it took 46 days! That's pretty good!!!! I really think for us it went so quickly because we were quick to get stuff back and the seller did the same. I think it makes a big difference if you have a seller that is on top of stuff on their end. If not, then it could drag on. I will admit, I'm SOOOO happy that this is over! Looking back on it, it was really stressful (the ROFR part). But the good news is, we got through it and are still alive!!

If anyone has any questions, ask away! Since I'm the "trailblazer". Yeah right!

 

[Laxmom]

I sure hope our sellers are on top of things. I would really like to see a quick turnaround. My ROFR patience tank is on empty!

They should be happy and thus have the desire to act quickly. I have been nervous since we agreed on price. I just had this feeling it was too low. I talked to everyone who would listen. Right, Tammy? I called and got on other waiting lists (for add ons, of course) and even picked their brains on small contract pricing. When it came time to fax it back, I folded like a cheap suit! We ended up changing our offer to asking price. On our contract it really isn't a great deal of money. If it were a lot more points, I would have acted differently. And if we hadn't been through the Marriott Torture Month, things would have been different. I just want to feel it has a chance of passing. On a larger contract, I would have; on a smaller, no. Now I do.

So, here is the scoop;

HHI 50 points, with 50 '07 points, and 50 '08 points, August UY

 

[dvcnewgirl]

I sure hope our sellers are on top of things. I would really like to see a quick turnaround. My ROFR patience tank is on empty!

They should be happy and thus have the desire to act quickly. I have been nervous since we agreed on price. I just had this feeling it was too low. I talked to everyone who would listen. Right, Tammy? I called and got on other waiting lists (for add ons, of course) and even picked their brains on small contract pricing. When it came time to fax it back, I folded like a cheap suit! We ended up changing our offer to asking price. On our contract it really isn't a great deal of money. If it were a lot more points, I would have acted differently. And if we hadn't been through the Marriott Torture Month, things would have been different. I just want to feel it has a chance of passing. On a larger contract, I would have; on a smaller, no. Now I do.

So, here is the scoop;

HHI 50 points, with 50 '07 points, and 50 '08 points, August UY

Good luck I hope it works out for you! I love HHI, if I ever have enough points I will go back.. I just seem to live at disney these days.. BWV December, AKL May and June, and the Disney cruise in September. There is something to be said for those of us with small contracts.

 

[Laxmom]

I do too! But I love Williamsburg, too! I think I need to move.....south.

I just can't get over how much better I feel about this than I did the ts that fell through. I think I was destined, yes destined, to own DVC. We first toured in 2001 and almost bought HHI then. We went to the sales pitch on our cruise last year and almost bought HHI then. Now I am thinking, if this one passes, I may need to talk to the sales guy on the cruise in Sept. about an add on!! Oh my! Addonitis is sooooo contagious. I need to get through this first. Someone reign me in!!

 

[Laxmom]

DVCgirl, are you extending your cruise stay at all? We are going in a couple of days early but aren't sure what we are going to do yet. Water park or WDW. I have ressies at a ts but may look into DVC if this passes. That would be cool! I need to turn off my brain; the wheels are spinning way too fast.

 

[Tigger & Eeyore]

Ok....here's our timeline:

Feb. 9 - Contacted TTS by e-mail to inquire about our contract.

Feb. 10 - Received an e-mail from Scot at TTS with the info and called him and told him that we wanted to put in an offer on it.

Feb. 11 - Received the contract and paperwork

Feb. 13 - Submitted to Disney for ROFR

Feb. 18 - TTS receives check

Feb. 21 - Received Escrow info from TSCS

Feb. 29 - Passed ROFR (but didn't find out until March 5)

March 19 - Received Closing paperwork and sent it back the same day with a check for the remaining balance

March 26 - CLOSED!!!!!


So all together it took 46 days! That's pretty good!!!! I really think for us it went so quickly because we were quick to get stuff back and the seller did the same. I think it makes a big difference if you have a seller that is on top of stuff on their end. If not, then it could drag on. I will admit, I'm SOOOO happy that this is over! Looking back on it, it was really stressful (the ROFR part). But the good news is, we got through it and are still alive!!

If anyone has any questions, ask away! Since I'm the "trailblazer". Yeah right!

I like this - I found it very helpful.
Here are my stats - it makes the time pass to see how things prgressed for everyone else - at least for me it does:

March 5 - contacted Rob at TTS about a contract - Put an offer in the same day and the offered was accepted the same day.

March 6 - received contracts, signed, scanned into PDF and emailed back

March 6th - seller must have done the same as it went to ROFR on the 6th as well

March 6th - Overnighted my deposit to TSS -

March 7th - TSS received the check

March 10th - Received Escrow Paperwork from TSCS

March 20th - Passed ROFR

Now I am waiting for Disney to send the Estoppel and then my closing paperwork. My closing date is the 30th - I hope to be early too

 

[Grandbuddy]

WHAT IS WRONG WITH ME!? I just overnighted our contract to the closing agent, yesterday (still have to wait for ROFR), and I am already back at the resale websites, looking at the offerings. (Yes, we have only bought half of what we want to end up with, but I should at least be patient enough to make sure this one goes through!!)

 

[tammymacb]

Good Afternoon Sunshines!

Still no paperwork, I think I'm destined to close on the 9th..

I'm already actively looking for my add on, though. Now I'm back to seriously adding on OKW if I can't find BWV...If I can't get a good contract, I may bite the bullit and buy directly from Disney.


That is, if I ever close, and have a member #...

 

[tammymacb]

Grandbuddy, Welcome to my world! I don't think I'd had a contract for a week and I informed my sister that I should have bought a bigger one..

 

[JaxDisneyFans]

Great big CONGRATS to DisneyMotherof3. Question: Are you going to call on the 7th day to see if you're in the system or wait until the 10th?

 

[tammymacb]

I bet she starts calling on the 5th!

 

[Tigger & Eeyore]

I bet she starts calling on the 5th!

I WOULD!!!! That would be one of the longest waits.

I think it was on here that someone asked if it is possible to book with a CC then change it to points after? Does anyone know the answer to that?

Okay - where do all the neat features come from, like the pixie dust and the bouncing people

 

[Laxmom]

WHAT IS WRONG WITH ME!? I just overnighted our contract to the closing agent, yesterday (still have to wait for ROFR), and I am already back at the resale websites, looking at the offerings. (Yes, we have only bought half of what we want to end up with, but I should at least be patient enough to make sure this one goes through!!)

It's in the air!!! I think it is normal. Sure it is. Don't you think it is?

I may start a DVCA chapter. I keep looking too. Just because I know we aren't to the points we need. Get that...NEED! Not want! But, with the banked points in this contract and our other ts ownership, I won't need those points until 2010. That gives me time.

I told you the wheels were turning.

 

[dvcnewgirl]

DVCgirl, are you extending your cruise stay at all? We are going in a couple of days early but aren't sure what we are going to do yet. Water park or WDW. I have ressies at a ts but may look into DVC if this passes. That would be cool! I need to turn off my brain; the wheels are spinning way too fast.

I am thinking of extending but not with points. I will do a couple days at a mod to get free dining.. I am out of points for this year.

 

[disneymotherof3]

Great big CONGRATS to DisneyMotherof3. Question: Are you going to call on the 7th day to see if you're in the system or wait until the 10th?

I'll probably call tomorrow. If nothing, then I'll call back on Monday.

 

[Laxmom]

I just read about free dining being available. Can someone explain it to me? I had never even heard of it until recently.

If this contract goes thru, I may try to see if I can get two nights someplace. Not sure if there will be any availability. We'll see. Right now, I have us booked in a 3 bedroom at Grande Vista. With the owners and MC discount it is $240/night. Not bad considering I would have to book 2 rooms at a hotel-there are 6 of us. Just not sure what we will do. I will cross that bridge.....

 

[tammymacb]

In the fall, Disney runs a promo on free dining with the purchase of room & tickets.

Unfortunately, there's no way for DVC owners to cash in on it.

I read a thread about someone booking a DVC AND a value room ( which would pay for the cost of the free dining ) and staying at their DVC. I have no prob with anyone doing that. If Disney gave some perks to the owners, folks wouldn't have to get so "imaginative" to save money.

My sister often goes during free dining and says it's a great deal. She doesn't book a DVC, though. She just stays at a mod. She'd say doing both is a waste of points.

 

[Laxmom]

We may be staying on cash in Sept so it may be something I look into. Thanks.

I am learning so much on these boards. I sure wish I hadn't thrown away that doggone blue book!

Has the clock moved at all today? Time sure is creeping....Wow! I sound like ED!!!!

 

[Tigger & Eeyore]

In the fall, Disney runs a promo on free dining with the purchase of room & tickets.

Unfortunately, there's no way for DVC owners to cash in on it.

I read a thread about someone booking a DVC AND a value room ( which would pay for the cost of the free dining ) and staying at their DVC. I have no prob with anyone doing that. If Disney gave some perks to the owners, folks wouldn't have to get so "imaginative" to save money.

My sister often goes during free dining and says it's a great deal. She doesn't book a DVC, though. She just stays at a mod. She'd say doing both is a waste of points.

That is a very creative idea. I like that. Do they advertise those specials online or how do you find out about them?

 

[tammymacb]

I believe they're always advertised on Disney.com. Free dining has been going on yearly for a few years now.

Last year there was a huge stink going on because folks were booking Pop and All Stars, paying like 90 bucks a night, getting free dining and then a bunch of folks found out they were getting upgraded to 1 bedrooms at OKW and SSR! A one bedroom DVC and free dining for less than a hundred dollars..DVC owners were not impressed.