ROFR Thread Jan to March 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[RachStu]

RachStu---$143-$40410-275-PVB-Dec-484/19, 275/20, 275/21- sent 2/21, passed 3/11

Fidelity has just informed us that we have passed. We've been told to expect the closing documents in 3-4 weeks.

 

[badeacon]

RachStu---$143-$40410-275-PVB-Dec-484/19, 275/20, 275/21- sent 2/21, passed 3/11

Fidelity has just informed us that we have passed. We've been told to expect the closing documents in 3-4 weeks.

Must be using First American for closing. I have never understood why they take so long to send closing documents when some other closing companies send them in several days!

 

[RachStu]

Must be using First American for closing. I have never understood why they take so long to send closing documents when some other closing companies send them in several days!

Yes, they are. We don't mind as we are not planning our next trip until summer 2021, but I can see that it might be irritating for some.

 

[running2disney]

Running2disney---$106-$17602-160-AKV-Feb-0/19, 0/20, 160/21- sent 2/21, passed 3/11

Woohoo we just found out we passed!!

 

[tami.grantasl]

Tami.grantasl---$99-$19488-190-OKW-Aug-90/18, 190/19, 190/20, 190/21- sent 2/21, passed 3/11
We passed today!!

 

[espov]

I swear if I were a resale broker I would make sellers promise to sign the sales contract within 24 hours or pay a $500 penalty to the buyer. And if you can't immediately close because of, oh, I don't know, PROBATE, you would owe me $50000 in headbashing liquidated damages.

Do these people not know WE NEED IT NOW?!

The agent I used was so slow for everything and so was the seller.( now I know there was a health issue) Issues with communication and sending out to Disney; delay in telling me I passed ROFR . I have two prior resales- used the same title company both those times. I received closing docs the day after I passed ROFR . This last title company more than a week; I sent back papers the next day and I get a call the seller has passed - needs to go probate!!! Just give me back me deposit lol

 

[Amanda Sam]

Amanda Sam---$90-$10429-100-OKW-Dec-100/19, 200/20, 100/21- sent 3/12

 

[E2ME2]

Thought I'd update this with points allocation timing for folks who wonder how long until the points are actually in the account...Total duration from Contract Sent to Points in Account: 44 days.

Wrigleyville---$108-$19149-160-AKV-Dec-144/19, 160/20, 160/21- Sent 1/24, Passed 2/11, Closed 2/27, Contract Added to Online Account 3/2, Points Available in Online Account 3/9

Wrigleyville;
Please clarify something for me. I was told on 3/6 that my contract offer passed ROFR. So then it gets sent off to the Title Company ?
Is it typical to be in "radio silence" until you hear back from the title company, and does that time include the "estoppel" process??
This is my first Resale Buy, so I'm not as familiar with the details of the process. Adding-on Direct was much easier, and of course much more expensive !
TIA for your feedback.
ET

 

[poofyo101]

Wrigleyville;
Please clarify something for me. I was told on 3/6 that my contract offer passed ROFR. So then it gets sent off to the Title Company ?
Is it typical to be in "radio silence" until you hear back from the title company, and does that time include the "estoppel" process??
This is my first Resale Buy, so I'm not as familiar with the details of the process. Adding-on Direct was much easier, and of course much more expensive !
TIA for your feedback.
ET

Thats correct. They will contact you once they have all the closing docs ready. It usually takes 1-2 days and to receive estoppel from disney. The slower companies may take longer just getting the docs ready. Anything otherwise is outside the norm. at least the norm within the last 6 months. The quick ones have gotten be closing docs back within 2 days almost every time.

 

[Jason_79]

Jason_79---$90-$12655-135-SSR-Mar-0/19, 0/20, 116/21, 200/22- sent 2/17, taken 3/12

 

[karalecia26]

Karasawyer26---$100-$18234-160-SSR-Mar-13/19, 160/20, 160/21- sent 3/12

 

[collections]

collections---$108-$6118-50-AKV-Sep-0/19, 50/20, 50/21- sent 2/14, passed 3/12

 

[Melissa M]

Melissa M---$154-$16593-100-BLT-Jun-0/19, 100/20, 100/21- sent 3/2

 

[E2ME2]

Thats correct. They will contact you once they have all the closing docs ready. It usually takes 1-2 days and to receive estoppel from disney. The slower companies may take longer just getting the docs ready. Anything otherwise is outside the norm. at least the norm within the last 6 months. The quick ones have gotten be closing docs back within 2 days almost every time.

poofyo- There's a "Closing Time" thread on these boards that I've been watching along with this one.
The times noted between ROFR Passed and Closing Docs Received varies from a few days to several weeks.
I was notified that ROFR was waived on 3/6, and have not received any closing docs. yet..........
ET

 

[poofyo101]

poofyo- There's a "Closing Time" thread on these boards that I've been watching along with this one.
The times noted between ROFR Passed and Closing Docs Received varies from a few days to several weeks.
I was notified that ROFR was waived on 3/6, and have not received any closing docs. yet..........
ET

depending on your closing company.
Some are way way faster than other ones.
Letting you know from experience as I have closed many contracts in the last few months.

 

[Phijammamama]

Admin - You can delete this "Waiting" contract Phijammamama---$145-$18080-120-BCV-Feb-0/19, 7/20, 120/21-Seller pays 2020 MF- sent 2/27
This was the seller who told the agent after the offer was sent to ROFR that it had to go to probate. I have since canceled the offer.

 

[Phijammamama]

So a few pages back I mentioned cancelling my offer after the seller admitted it had to be sent to probate first. Things just kept getting crazier after that. Made an offer on another, waited, seller decided to not sell. Made an offer on another (#3 if you're counting), same thing happened seller decided not to sell and agent pulled the listing. #4 listing I made an offer on (all of this happened within about 72 hours) I pulled because after 48 hours still no word from the seller and I had seen another contract I wanted to make an offer on. So, now after FIVE back to back attempts, I am now under contract and it was sent to ROFR today. The kicker is I know I over paid for #5 but I was just so ready for something to stick!

 

[Mzpalmtree]

So a few pages back I mentioned cancelling my offer after the seller admitted it had to be sent to probate first. Things just kept getting crazier after that. Made an offer on another, waited, seller decided to not sell. Made an offer on another (#3 if you're counting), same thing happened seller decided not to sell and agent pulled the listing. #4 listing I made an offer on (all of this happened within about 72 hours) I pulled because after 48 hours still no word from the seller and I had seen another contract I wanted to make an offer on. So, now after FIVE back to back attempts, I am now under contract and it was sent to ROFR today. The kicker is I know I over paid for #5 but I was just so ready for something to stick!

Good luck! 5th times the charm

 

[poofyo101]

So a few pages back I mentioned cancelling my offer after the seller admitted it had to be sent to probate first. Things just kept getting crazier after that. Made an offer on another, waited, seller decided to not sell. Made an offer on another (#3 if you're counting), same thing happened seller decided not to sell and agent pulled the listing. #4 listing I made an offer on (all of this happened within about 72 hours) I pulled because after 48 hours still no word from the seller and I had seen another contract I wanted to make an offer on. So, now after FIVE back to back attempts, I am now under contract and it was sent to ROFR today. The kicker is I know I over paid for #5 but I was just so ready for something to stick!

plenty of opportunities. just gotta be patient. good luck with this one

 

[Brianstl]

plenty of opportunities. just gotta be patient. good luck with this one

There will be a ton of opportunities over the next couple of months.