The "Waiting for ROFR" support group thread

[Tigger & Eeyore]

No, we had originally planned to go through TTS, but a contract that we liked came up with **********. We really wanted an April or June UY, and wanted the total price w/ closing to be under $5000. We figured we'd be looking at a 50 pt contract for that, but found a 60 pt, April UY contract at $73 per point through them. We originally offered the $73 per point, but then after doing a little research were worried it may not pass ROFR, so we upped the offer a bit. We're a couple hundred over $5000 total now, but it's still in our budget.

Ideally, we'd like to add on a 25 contract at OKW to make it 85 points there, and get a 100 point contract at AKV. In the last few days, DW and I either talk about whether we'll pass ROFR, where to add on after we're in, or our ADRs for our August trip. I'm really hoping to use my own points for the August trip!

Pixie dust heading your way. I think they emailed me the contract you put your bid on but it was after I had already entered into a contract with TTS - I am going for an 80 point with 48 carryover and hope to use my own points for a January trip. That is a great deal and I hope it goes through. The one I got was higher then I wanted but with 6 in the family I almost think I will need to look for another 25 after we are 'hopefully' approved

I hope to hear really soon. I will give it exactly 2 weeks, which is Thursday and then I will email them. Waiting is so hard! I am so anxious and checking email all of the time. even at work

 

[tammymacb]

Welcome new "waiters". So far I can tell you that once you pass ROFR, the waiting continues...

No paperwork yet.

So, on the front of my additional contract. I called another DVC broker today ( I'm watching 3 different sites waiting for the right contract) anyhoo this broker told me that I may want to consider a UY within 2 months of my original UY. Meaning, I'm June so consider April and Aug.. I'm not sure what all the implications would be but I know I'd have different contract #s. I would, however, be able to book all my Ressies at BWV within the 11mo contract.

So, now I need to scratch my head and consider it. Can't do it from Disney ( BWW ) if I bought a different UY, I'd have to buy another 160 points..

 

[HolidayRoad]

Well as we all have found out, you get through ROFR any day of the week but Friday seems to be the most active. The list is getting long, I know good news is coming soon!

Updated list 3/18/2008

Tigger & Eeyore

Colonialtinker

Metsoskil

kmhollis28

tink'smom2b

Rambler5678

Monami7

Buckeye Fan

llmurphy17

Chickkypoo


ROFR is a four letter word.

 

[Rambler5678]

We passed ROFR yesterday. Were now proud owners at VWL. Yeaaaaaaaaaaaaaaaaaa

 

[Metsoskil]

We passed ROFR yesterday. Were now proud owners at VWL. Yeaaaaaaaaaaaaaaaaaa

Congrats

 

[lmhall2000]

What is ROFR?

Tara

 

[tammymacb]

What is ROFR?

Tara

Disney has a right of first refusal on all resale contracts. They can buy back ( at the contracted price ) any resale contract that is available on the secondary market.

From the time of signing a contract, Disney has 30 days to exercise ROFR.

 

[tammymacb]

Rambler, Congrats! VWL is a very pretty place...

 

[disneymotherof3]

to all of our new "members"!!!! You'll get a ton of support and have a ton of laughs too! Hopefully we'll start getting a flood of good news soon!!

Congratulations to Rambler5678 for passing!

As for those who are waiting to close, hang in there. This will all soon be over with.


As of 3/18/08, those waiting to close:

icouldlivethere

snowbunny

disneymotherof3

Tammymacb

HolidayRoad

Beavertails Queen

minniekissedme

Dizney4us

Rambler5678


ROFR isn't such a bad word after all!

 

[minniekissedme]

We passed ROFR yesterday. Were now proud owners at VWL. Yeaaaaaaaaaaaaaaaaaa

Congratulations Wasn't it fun!?!?

 

[GoofyDad13]

Not on the list, so does that mean I passed ROFR? It has only been a couple of days, but I am going nuts! Don't want to tell the kids until we are passed ROFR, and DW just humors me.

I think somone should inform Disney what a drain on produtivity in the workplace this is?

 

[minniekissedme]

Looks like HolidayRoad didn't catch your first post and I'm sure he'll catch you and you'll become "official."

Good luck as you wait...most ROFR's seem to be on a 2 1/2 week wait at this point. We submitted on 2/27 and found out yesterday.

 

[tammymacb]

Good Morning Sunshines!

Finally a whole day off! Unfortunately my plans involve this - AND this-

OK- question of the day ( You all already know my answer ) If you plan on adding on, when do you plan on doing it?

Will you buy your home resort, or add a second?

Will you try to buy directly from Disney ( at the hight point price ) or will you be back on this thread waiting for another ROFR?

My answers-I plan on adding another 50 points soon. My first choice is more BWV but I'd be intersted in BCV also.

I'll end up on a waiting list for both, resale AND secondary market. So, I'm not actually planning on having the points soon.

 

[tink'smom2B]

We passed ROFR yesterday. Were now proud owners at VWL. Yeaaaaaaaaaaaaaaaaaa

Congratulations! You will love your VWL home. We own points there too. Last year we stayed at all the villas, and I still loved my "home" the best. We decided to buy more points at BCV though, because of it's proximity to the other side of the "world". We are going home in November and I can't wait!! Congratulations again

 

[tink'smom2B]

Do you think they hold the contracts and only pass them once a month?? I'm sure this is a busy time of year for Disney but the waiting is terrible! DH says we will just buy another contract. That would mean more waiting

 

[minniekissedme]

Good Morning Sunshines!

OK- question of the day ( You all already know my answer ) If you plan on adding on, when do you plan on doing it?

Will you buy your home resort, or add a second?

I plan on adding another 350 before noon today...I so enjoyed the "waiting for ROFR process that I'm ready to take the plunge again. I think I'll go for the new DVC MOON resort. Might get a little more sun there to keep my tan going...

Do I detect a little sarcasm?? Since we shot for the moon on this first one I don't think an addonitis will be affecting me for some time. IF I couldn't get DVC MOON, I think I would try for BW or BC...just to be closer to the environmental prototype community of tomorrow.

 

[minniekissedme]

Do you think they hold the contracts and only pass them once a month?? I'm sure this is a busy time of year for Disney but the waiting is terrible! DH says we will just buy another contract. That would mean more waiting

Just following this thread shows that isn't the case. I followed the others happiness and knew mine was coming. HolidayRoad and I submitted on the same day and he got his I think Friday and mine was Monday. So it sure appears that they take them as they get them.

 

[Metsoskil]

We will probably add on 100 points at AKV directly from Disney in about a year, and keep our eyes open for a 25-30 point contract at OKW with an April UY resale. The plan is to make sure the finances are squared away so that next year's tax return isn't needed elsewhere. I figure I'll be 69 when my OKW contract is up, and I don't need to pay a premium for the extra years there if I've got the other contract at AKV which will take me until I'm 80+. We'll probably pick up the OKW resale within the next year.

With both those contracts we've got enough for a 1 bedroom for about a week at each place if we bank every other year - 1 year at AKV, the next at OKW or somewhere else. With the OKW contract, I figure we'll book 11 mo. out at OKW near the HH if we can get it, and then at 7 mo. see if there's somewhere else open that we'd want to try. We really liked OKW when we stayed there, but we'd like to try other places.

I'd probably have a harder time choosing between AKV and VWL if it wasn't for the difference in when the contracts end.

Until that all happens, though, it's studios for us.

 

[icouldlivethere]

OK- question of the day ( You all already know my answer ) If you plan on adding on, when do you plan on doing it?

I will wait until KTR is done and try and convince my DH that we need a small add on there. If I was going to do an add on at another resort I would watch for just the right contract on the resale market and be back on this thread waiting for another ROFR.

 

[tink'smom2B]

Good Morning Sunshines!

Finally a whole day off! Unfortunately my plans involve this - AND this-

OK- question of the day ( You all already know my answer ) If you plan on adding on, when do you plan on doing it?

Will you buy your home resort, or add a second?

Will you try to buy directly from Disney ( at the hight point price ) or will you be back on this thread waiting for another ROFR?

My answers-I plan on adding another 50 points soon. My first choice is more BWV but I'd be intersted in BCV also.

I'll end up on a waiting list for both, resale AND secondary market. So, I'm not actually planning on having the points soon.

We will definitely add on again if they open DVC in the Polynesian. Maybe even when they open the Contemporary Resort. I don't really like the contemporary style, but I could never beat it's location! We just love the MK resorts! I would buy direct from Disney for a small point contract. I think we will bank and borrow to take different vacations on different years. Do you have to be on a waiting list to get the 50 point contracts at the TSS? They always seem to be sold out before they show up on the website.