We passed rofr today

[pebbles37]

just recieved an email confirming we passed rofr
contract details
saratoga springs 130 aug uy all 08 all 09 $68 per point

 

[epcot1stfave]

Congratulations and home

 

[jns]

Welcome to our home great price congratulations

 

[squitty]

Congratulations and Welcome Home

 

[Halo]

Congratulations - and Welcome Home.

 

[TheBlundells]

Superb Price - welcome home!

 

[Shooby doo]

Pebbles congratulations,typical for us -sent the Wire Transfer on the day the £ started to get better!
SD

 

[lesley.a.murray@talk]

Congratulations and Welcome Home!

$68 a points sounds like a bargain

 

[Halo]

$68 a points sounds like a bargain

$68 a point at $1.40:£ is the same in £s as $97 a point at $2:£ though.

 

[lesley.a.murray@talk]

$68 a point at $1.40:£ is the same in £s as $97 a point at $2:£ though.

Very true.
So $68 sounds like a bargain, but it isn't anydifferent.

 

[SARATOGA ROB]

$68 a point at $1.40:£ is the same in £s as $97 a point at $2:£ though.

good point but what's the chance of $2 to £ again
sounds a better deal than $112 a point

 

[SARATOGA ROB]

$68 a point at $1.40:£ is the same in £s as $97 a point at $2:£ though.

halo just out of interest what was the $ rate when you bought blt

 

[Halo]

halo just out of interest what was the $ rate when you bought blt

I think from memory it was about $1.57 when I actually completed - however because I fancied buying BLT when it was released I had bought some $ on a Fairfax prepaid Mastercard at $2 and some on a Tesco Travelcard at $2.05 or so AND actually bought shares in JPMorgan Chase at $32 or so at $2:£1. To complete on BLT I sold those shares at $41 and the $1.57 or so fx rate.

 

[Shooby doo]

Pebbles we have just had our purchased finalised,just waiting for our DVC cards etc,so that's roughly a week from passing ROFR.
I agree on the FX rate but when we looked at AKV thru DVC 160 points were $16000 at $1.76 (Sept 08) so we have paid roughly the same for more points at SSR,I honestly never expected to go thru' at $68 but it was worth the try not forgetting that there are still plenty at SSR going for $78-$79.
SD

 

[Bumbleink]

Hi

We only purchased in Sept 08, so are still a little wet behind the ears with the various abbreviations what is ROFR, sorry if this is a dumb questions

 

[Shooby doo]

No probs,we all started somewhere! Right of First Refusal-if you bought direct from DVC then you will not have gone thru' this,basically Disney have ROFR this means that they have first "dabs" on any resale that they believe the price is too low per point.They still buy at that price,the seller obviously doesn't gain anything but it does sort of stop the buyer putting in a "silly" offer,Disney can then resell the contract at a price they deem suitable. For myself & Pebbles $68/point is quite low & last year I don't believe they could have passed ROFR but there still aren't very many at this price.
SD

 

[suzycute]

Great price! Welcome to the wonderful world of DVC!

 

[Minniespal]

Welcome Home

 

[Bumbleink]

Thank you so much for explaining ROFR, i'm sure to have many more questions as time goes on and everyone is so helpful