ROFR Thread April to June 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[snowy82]

Update my own post. Sellers couldn’t make to today’s appointment again. It’s push back to next Tuesday.

we got closing docs on 3/16 and my sellers STILL haven't signed them. please tell me they aren't backing out?

 

[Sandisw]

we got closing docs on 3/16 and my sellers STILL haven't signed them. please tell me they aren't backing out?

I think it is too early for to think that I know its been a little more than 2 weeks, but I waited about 3 weeks in 2020 because my seller was in the Navy.

Now, I was willing to walk away and lose the deposit and so I told the title company that I would give them one more week to get it signed and closed, or I was walking away before the official closing date...would go direct and incentives would be ending. Papers were signed and delivered the next day.

 

[sjdrr1313]

If difference between direct and resale is about $30-40, you need to factor in the rewards earned when using a credit card, prorated dues, lower closing and sometimes previous year points. All these are significant savings resale doesn’t have most of the time unless sellers are paying for. After 2042, all resale contract minus RIV would only have access to 9 DVC and 7 inside of WDW.

Totally agree. This is something I didn't really think about when I looked into DVC. I'm still happy that I went resale for my bigger contract because it saved me $10k and we got a totally loaded contract. But now that I'm adding on, doing small contracts direct is just so freaking easy and I can put it on my credit cards and pay them off and earn rewards. Or use a 0% interest card and have 12+ months to pay it off.

 

[sjdrr1313]

we got closing docs on 3/16 and my sellers STILL haven't signed them. please tell me they aren't backing out?

I'm annoyed for you, lol

 

[snowy82]

I think it is too early for to think that I know its been a little more than 2 weeks, but I waited about 3 weeks in 2020 because my seller was in the Navy.

Now, I was willing to walk away and lose the deposit and so I told the title company that I would give them one more week to get it signed and closed, or I was walking away before the official closing date...would go direct and incentives would be ending. Papers were signed and delivered the next day.

Hmm, interesting. I haven't threatened to do anything, but I'm also not willing to lose the deposit yet. I know they technically have one more month until closing and we won't lose our points if we wait until then. i'm just anxious and was hoping for good news after a rough weekend.

 

[Sandisw]

Hmm, interesting. I haven't threatened to do anything, but I'm also not willing to lose the deposit yet. I know they technically have one more month until closing and we won't lose our points if we wait until then. i'm just anxious and was hoping for good news after a rough weekend.

I would contact them again and just say have you gotten any updates as to what the delay is? Start with something like I hope they are okay...oh, and glad that you are!!!!...given that you experienced something and it got you thinking that maybe they have too?

Pixiedust they return them soon!

 

[Paul 55555]

Just heard we passed now waiting on closing documents.
Paul55555---$135-$16795-120-AKV-Jun-0/20, 0/21, 125/22, 120/23-International seller- sent 3/20

 

[hglenn]

Just heard we passed now waiting on closing documents.
Paul55555---$135-$16795-120-AKV-Jun-0/20, 0/21, 125/22, 120/23-International seller- sent 3/20

Yeah! Congrats. That was fast! Wonder if they are just sweeping Int'l sellers through?

 

[Mrsjoneslilac]

Do you think that Disney will slow down their buy backs due to people being “anti-Disney” right now? Or maybe I’m just wishfully thinking that because I have a $123 SSR contract waiting on ROFR. ...Waiting on a miracle.

 

[hglenn]

Do you think that Disney will slow down their buy backs due to people being “anti-Disney” right now? Or maybe I’m just wishfully thinking that because I have a $123 SSR contract waiting on ROFR. ...Waiting on a miracle.

The data doesn't support that.... sadly....

 

[Arbogast]

Just heard we passed now waiting on closing documents.
Paul55555---$135-$16795-120-AKV-Jun-0/20, 0/21, 125/22, 120/23-International seller- sent 3/20

Congrats! Still waiting on my $128 160 AKV

 

[Sandisw]

Do you think that Disney will slow down their buy backs due to people being “anti-Disney” right now? Or maybe I’m just wishfully thinking that because I have a $123 SSR contract waiting on ROFR. ...Waiting on a miracle.

If things slow down in terms of buybacks, it will be because DVD has changed their goals/needs and has decided it doesn't benefit them to take more points at certain resorts.

 

[Mpeter57]

Mpeter57---$138-$19,676-130-AKV-Aug-0/20, 0/21, 258/22, 130/23-sent 3/18, passed 4/6

Our first contract!!!

 

[hglenn]

Mpeter57---$138-$19,676-130-AKV-Aug-0/20, 0/21, 258/22, 130/23-sent 3/18, passed 4/6

Our first contract!!!

YEAH!!! Congrats! That was fast, too!

 

[wnielsen1]

Take that Disney!

I forwarded this to my friend Bob C. at Disney and he emphatically told me that he would, in fact, take it.

(just kidding, I think we both know that buyer is safe)

 

[Mexacajun]

Mpeter57---$138-$19,676-130-AKV-Aug-0/20, 0/21, 258/22, 130/23-sent 3/18, passed 4/6

Our first contract!!!

Congrats!! I guess Disney doesn’t process these in order. . So ready to find out!

 

[Chia1974]

I agree that it's not just about price per point and involves many factors. Heck, I bought 260 resale aulani points at $125pp because of the subsidized dues when I could have bought 300 direct points for $133pp. To me, the subsidized dues was worth buying but to others, having direct points with higher dues might be more worth it. The 2042 ticking time bomb might cause urgency to some, and for others, it's still eons away. I'm not at all stressing out about losing access to Vero, HHI, and BR. Losing BCV and BWV will obviously be significant but I plan on buying whatever replaces those properties when they expire so no issue there. And it's not for certain that the resale restrictions will stay forever. I guess we'll haveto see what they decide with DLT and Poly2.

Do we think the replacement is another hotel flip? I agreed with the DVC show that they won’t build another stand alone DVC for another 8-10 years. At least they need to sell out 1-2 of the 5 resorts they will have coming in the next 2 years. Whatever the replacement is, won’t happen for a while. I bought BWV for me, I’m fine keeping it until it expires. Hopefully at least one of my kids will buy that replacement when they have money.

 

[dboules]

Its been kinda quiet on status updates......
Today is 3 weeks and I'm waiting here impatiently!

 

[ADress&AnimalSidekick]

ADress&AnimalSidekick---$150-$8433-50-BWV-Dec-0/20, 0/21, 50/22, 50/23- sent 3/11, passed 4/6

Whelp! I guess I've found a new home!

 

[Mpeter57]

YEAH!!! Congrats! That was fast, too!

Thank you!
I started to get nervous when I saw the March ROFR report had the highest buyback at AK being $145pp and the direct prices increasing to $200pp.
Hopefully this will give everyone waiting hope!