The "Waiting for ROFR" support group thread

[Laxmom]

Yeah!! Alright Verandaman!! Welcome to pergatory aka ROFR!!!!

I am beginning to think that ROFR is not so bad. I think the real fun comes when you are waiting for closing docs! I guess it depends on where you're at.

Yea, I don't think there is much wiggle room on some of their prices. We actually offered $65 pp and it was accepted for our HHI week but upon further thought, we upped it to $68. My gut just told me that Disney would never ok the $65. Right or wrong, I will never know but I didn't wan't to risk being our first ROFR on this thread. We have a streak going that I sure don't want to break. Don't care if someone else does, just don't want to be that person! After having a Marriott bought back last month, I have been there, done that.

 

[Tigger & Eeyore]

Vman, have you called your agent? I think a little check in would be in order at this point. It shouldn't take this long unless they can't be reached, which would be nice to know.

I agree - I had my return call and all was said in done with in the hour - and it was evening. Then both the seller and I turned the paper work around and I went to ROFR the next day. I hope they get this done for you
What resale company are you working with?

 

[Tigger & Eeyore]

Vman, have you called your agent? I think a little check in would be in order at this point. It shouldn't take this long unless they can't be reached, which would be nice to know.

Well, we should have our contract by the end of the day, the seller counter offered our bid and we accepted the counter offer at $78.00 @ point. The original price was $81.00 @ point, we first offered $75.00 and I told our agent if the seller came down to $78.00 @ point to go ahead with the deal.

Now the "fun" and "waiting game" begins!!!

CONGRATS!!!! I should have read down a bit further before I posted

 

[tammymacb]

Verandah Man, Congrats on your contract going in!

I called the closing company to see if my check and contract arrived yesterday. ( I sent it express and it was supposed to be there by noon on 4/1 ) Guess what? It didn't arrive! My luck seems to continue with everything being at least a day late. However, it did arrive today ( they called me back ) which was a good thing as today was the day my contract specified that they needed the check or the contract would be back up for grabs.

Haven't heard if the seller has returned paperwork yet, but I'm in less of a hurry with this one as I'm really hoping the other contract closes..

 

[HolidayRoad]

Updated list 4/2/08:

Verandaman

Karebear06

dani0622

LadyKay

Princess Amy Lyn

Frankiesmom

Tammymacb (2)

Laxmom

Colonialtinker (2)

fourkidsphoto

pb4ugo

Grandbuddy

sbittner

JaxDisneyFans

barney 44

Monami7


ROFR is a four letter word.

 

[icouldlivethere]

Well, we should have our contract by the end of the day, the seller counter offered our bid and we accepted the counter offer at $78.00 @ point. The original price was $81.00 @ point, we first offered $75.00 and I told our agent if the seller came down to $78.00 @ point to go ahead with the deal.

Now the "fun" and "waiting game" begins!!!

Congratulations!! It sounds like you got a good deal!

Hi ALL

Reguarding Gmac resales low prices... we have our offer in ROFR..using GMAC for BCV. The listing was for $83 a point, and we actually upped the offer, we did not think the lower would go through, so I asked the GMAC people what has been going through out of their office and they said $84 has been.... I have not seen that on the boards much, so I was curious.... we will see... I will let you all know if ours goes through!!

A little added INFO...

WOW! It sounds like the contracts at GMAC are going for lower prices. That's interesting that their office told you that contracts have been going through at $84. I would not have guessed that based on the asking price for BCV contracts at TTS. That's good information to know.

I was just looking at BCV contracts on TTS and was surprised to see that they only currently have 2 BCV contracts that don't have a sale pending on them. I keep up with the TTS listings even though I have no intentions of adding on right now and have noticed that BCV contracts have been really hot sellers recently.

 

[Tigger & Eeyore]

Thanks - i now see the multi quote button. I was signing in after I clicked quote - makes sense now

Question - to those of you waiting to close or recently closed - how often did you email your broker or the closing store just to get a status update?

 

[tammymacb]

I've called or emailed about once a week.

In the beginning I was very patient..now, not so much.

 

[HolidayRoad]

I've called or emailed about once a week.

In the beginning I was very patient..now, not so much.

Tammy, do you call Nancy or your agent from TTS?

 

[tammymacb]

I've called both.

I've also emailed both. So far, it's made no difference. I hear "nothing we can do without an estoppel from Disney", of course last night Jason said I'd get the paperwork today or tomorrow.

So far, today, no dice..

 

[disneymotherof3]

Get this......I just got another e-mail from someone at TTS that I closed. It said that I closed this week and that I should be in the Disney system on April 11th. Ummmmm.....I'm already in the system with my membership #, club ID and activation code. I'm really starting to think that no one communicates over there.

 

[tammymacb]

I looked for an emoticon that is thwapping it's forehead. No dice.

I kinda feel the same way. I emailed my salesman yesterday and when I got no response I called the store. Robert wasn't there so I spoke to Jason.

I asked if Disney had a timeframe they had to get estoppels back by.

Me" OK, so now my dates are changed from April 9th or before to OR within 30 days of Disney returning the estoppel. Does Disney have a time that they have to get it back to me? Can they like, send it in August and I have no recourse?

Jason"They don't have a time they have to get it back, but it will be here Wednesday or Thursday" BLAH BLAH blah..

I then ( today ) received an email back from Robert saying that Disney had to have the estoppel back within 3-5 weeks of passing ROFR.

I passed March 5th.

I do feel like there are some communication issues going on over there right now. I was told this was the busiest year ever for Disney resale, but quite frankly, if you're busy, get help. Because I'm getting more frustrated by the moment and I'm getting different answers every day.

 

[HolidayRoad]

I believe there are three reasons people like you and I are getting all these different stories. #1 - They have already have the sale made so they stopped caring as much. #2 - They probably are very busy and under staffed, one hand doesn't know what the other is doing. #3 I am starting to honestly believe that when you don't buy directly through Disney the mouse gets mad and although they are most likely not delaying things on purpose they are probably not exactly in a big rush to get this done.

I think if I don't hear anything within the next ten days I am going to call TTS and or Nancy and ask for a contact person associated with Disney and the estoppel process. TTS or Nancy has to have a contact over there or else how would they find out when you get through. I bet that would get the ball rolling if you start calling "The DVC Estoppel" office. If they don't want people calling over there it may light a fire under their *&^ to make a call or two. Tammy, your looking to book in June everyday that passes hurts you, maybe you should try this approach? Just a thought.

 

[Grandbuddy]

I haven't had time to get frustrated, yet, as I'm not even a week into the ROFR process (until tomorrow). Hope they get to work on whatever is causing the logjam, since I'm in line behind all of you!

 

[tammymacb]

OK, working my way back to a happy place!

I really, really, really hope that tomorrow I'll get the paperwork. I absolutely refuse to pay to stay at POR ( or another mod ) in June since I just sent so much money to Disney. I just keep telling myself, if it's meant to be, it will happen. I'm really glad I borrowed points from my sister for the May ressie or that would be completely out of the question..( Did I mention that I got my waitlisted BWV! )

I think the worst part is that they gave me the date of April 9th, something to focus on as the end point...and then .....................................nothing.

My BCV contract says I'll close on or before May 9th...Can you guess who won't be holding their breath?

 

[icouldlivethere]

I agree that the right hand doesn't seem to know what the left hand is doing over there. The only phone call I have ever received from TTS is when they called to let me know that the seller had accepted my offer. I had a sales person that I had contacted by email a couple of times and she wasn't in when I called to place my offer. The sales person I talked to when I placed my offer ensured me that the salesperson I had briefly been in email contact with would get credit for the sale. I went ahead and placed the offer and the salesman had called me back within the hour to say my offer had been accepted.

I contacted the salesperson I had been in brief email contact with by email to explain that I had been assured by the other salesperson she would get credit for the sale and she emailed me back to say that they all work together over there. I called her briefly after getting my paperwork to ask if it was really necessary for me to send my deposit by express mail and she told me no. That is the only phone contact I ever had with her.

I must admit that I was very disappointed that my salesperson never called to congratulate me when we passed ROFR. I only found out through receiving an email from some other person I don't even know who she was.

I don't know what is going on over there but if you go on the DVC-planning board and look at the first sticky thread about Gift Baskets on the top of the page you will see that the owner of the company's wife is very, very ill. That may have something to do with it. I don't know.

I emailed Nancy yesterday from the closing company and told her my closing documents and cashiers check were sent out by Priority Mail on Saturday and were supposed to arrive yesterday and could she please look them over and make sure everything is in order. She did email me back to say she didn't have them yet but she would look them over when she got them and email me back. In looking at the USPS website I can see that they arrived and were signed for at 11:24 am on Monday but I still haven't heard back from Nancy yet. So the Post Office got them there a day earlier than they promised but still no contact from Nancy.

 

[Laxmom]

I am so sorry that you guys are having a rough go with this part of the process. It does not bode well for any of us behind you.

Do you think it would help to go up the chain a bit at TTS? Not to the top because he has enough to deal with but there has to be someone there with answers or at least can get you some. If you could just get the same naswer from two people it would be helpful. Has the agent checked with Disney yet to make sure they indeed do have the paperwork and haven't lost it? Remember my Marriott experience?

 

[tammymacb]

Shot with DC500 at 2007-08-20

A happy place..

 

[tammymacb]

I am so sorry that you guys are having a rough go with this part of the process. It does not bode well for any of us behind you.

Do you think it would help to go up the chain a bit at TTS? Not to the top because he has enough to deal with but there has to be someone there with answers or at least can get you some. If you could just get the same naswer from two people it would be helpful. Has the agent checked with Disney yet to make sure they indeed do have the paperwork and haven't lost it? Remember my Marriott experience?

Supposedly they have spoken to Disney and I'm in the next batch coming in...

 

[Laxmom]

Tammy, did you buy through 2 different agencies on your two contracts?