ROFR Thread January to March 2019 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[jmur116]

We were told Disney waived ROFR on 1/9. We are going through Fidelity, and they told us closing wouldn't be for 4 weeks. Is that common? I was under the impression it would be sooner than that. How long after ROFR is the normal time for closing? I know there is more work to do, estoppel and such, but it seems to be a long wait for 4 weeks to close then wait for the deed to be recorded and Disney to create our DVC account. We were hoping to get into the home resort window for AKL for an October trip, which ends in March.

 

[Bruin_mouse]

We were told Disney waived ROFR on 1/9. We are going through Fidelity, and they told us closing wouldn't be for 4 weeks. Is that common? I was under the impression it would be sooner than that. How long after ROFR is the normal time for closing? I know there is more work to do, estoppel and such, but it seems to be a long wait for 4 weeks to close then wait for the deed to be recorded and Disney to create our DVC account. We were hoping to get into the home resort window for AKL for an October trip, which ends in March.

You can look at the Closing Time thread to get some idea on the typical timeline for resale purchases:

https://www.disboards.com/threads/closing-time.3392820/

 

[mlittig]

How do you guys go about dealing with offers through Fidelity? I put one in through their site and I'm pretty sure it'll probably be gone by the time they see my request. It was for a low point, low cost OKW. Not a chance in Hades it will make it through ROFL but maybe it'd slip through the cracks.

Edit: SOLD! And not to me. The agent did say it was "too late" to get one through before the deadline so I'm not sure if that is a Fidelity thing or what. I was just entertaining the idea of a small add-on so no big disappointment here.

Was it the 35 point contract or the 50 point one? The low prices on some of the Fidelity contracts certainly makes me wonder how many of their contracts actually pass ROFR I have one with them now in ROFR but mine is more in line with prices on other sites so fingers crossed it passes soon

 

[Disneykate605]

We passed ROFR on 12/5 and closed on 12/17. Our whole process went really fast! We felt lucky...but now considering all the BWV contracts that have been taken as of late we feel we got really lucky!!

 

[Gryhndmom]

Dracula---$120-$64495-500-BLT-Feb-0/18, 500/19, 500/20- sent 1/16

Best of luck!

 

[Eastcoast02]

Was it the 35 point contract or the 50 point one? The low prices on some of the Fidelity contracts certainly makes me wonder how many of their contracts actually pass ROFR I have one with them now in ROFR but mine is more in line with prices on other sites so fingers crossed it passes soon

It was the 35 pointer, but the 50 point contract is also spoken for. With the early expiration on OKW I felt like it was a fair price. It was March UY though and both of my AKV contracts are February.

 

[DVCdisneyfam]

AWESOME UPDATE - Just heard and Disney passed!!!! Woohoo!!!!

Lesley Wake---$106-$18776-160-AKV-Feb-0/18, 320/19, 160/20, 160/21- sent 12/17 - Passed 1/9

This is a amazing deal. Congratulations

 

[DVCdisneyfam]

ShannonG---$128-$6900-50-SSR-Sep-0/17, 100/18, 50/19, 50/20- sent 12/10, passed 1/9

Congratulations

 

[meekey7197]

TFamily2009---$94-$19370-200-AKV-Feb-0/18, 0/19, 200/20, 200/21- sent 12/11, passed 1/9

Super jealous! Congrats!

 

[jmur116]

You can look at the Closing Time thread to get some idea on the typical timeline for resale purchases:

Thank you so much for this information. I am new to buying DVC, and did not know that a closing thread existed.

 

[MouseHoneyMoon96]

MouseHoneyMoon96---$122-$19960-150-BWV-Apr-150/19, 150/20, 150/21-sent 1/16

Own direct but looking for a much cheaper way to add on some points. Good luck to everyone.

 

[teachertink]

teachertink---$106-$23090-200-SSR-Sep-0/17, 219/18, 200/19, 200/20- sent 1/18

Hope this works!

 

[DduzDis]

MouseHoneyMoon96---$122-$19960-150-BWV-Apr-150/19, 150/20, 150/21-sent 1/16

Own direct but looking for a much cheaper way to add on some points. Good luck to everyone.

I think I may have been eyeing this one as a backup if my current offer was not accepted. Nice contract for a decent price. Good luck!!

 

[MouseHoneyMoon96]

I’m just hoping $122 is enough to pass ROFR. I feel like prices for resales are going to move with the latest direct price increase. Good luck!

 

[DduzDis]

I’m just hoping $122 is enough to pass ROFR. I feel like prices for resales are going to move with the latest direct price increase. Good luck!

I think you should be fine, but I'm still nervous even at $125... I think mission accomplished for what they set out to do in the resale market. Wishing good luck for all of us waiting!

 

[adais]

I’m just hoping $122 is enough to pass ROFR. I feel like prices for resales are going to move with the latest direct price increase. Good luck!

a part of me regrets offering less than asking price for my vgf contract but oh well what's done is done 12 days down almost at the halfway point .

 

[debdreamsofdis]

Good things come to those who wait. Crossing fingers the rest will go much more quickly.

debdreamsfdis---$150-$15945-100-VGC-Oct-100/18, 100/19, 100/20- sent 12/3, passed 1/18

 

[meekey7197]

Good things come to those who wait. Crossing fingers the rest will go much more quickly.

debdreamsfdis---$150-$15945-100-VGC-Oct-100/18, 100/19, 100/20- sent 12/3, passed 1/18

That’s amazing!!!! Wow

 

[adais]

Good things come to those who wait. Crossing fingers the rest will go much more quickly.

debdreamsfdis---$150-$15945-100-VGC-Oct-100/18, 100/19, 100/20- sent 12/3, passed 1/18

congrats !!! super great price on that VGC !!

 

[Lesley Wake]

congrats !!! super great price on that VGC !!

Seriously!