Anyone made it through (or not made it through) ROFR recently? - Section I

[iankh]

Regarding a stripped contract, isn't that only really an issue in 2042 or if you want to sell your points? What I mean is, theorectically you could keep borrowing from the next year. Ultimately, there would be zero points in 2042. I'll be 87 years old, pretty much "past the sell by date" in my family. Or, should factor in medical miracles and start looking at SSR? :

I am about to make an offer on a contract. Is there something I'm missing?

(BTW thanks for setting up this thread. I has really helped me in thinking through negotiating a contract)

 

[Beca]

iankh...you seem to have a good understanding. Just remember, if you are always borrowing, you can never combine 2yrs worth of points and spend more than you actually have. But...it sounds like you are ready to make an offer. Good luck!!!!

PASSED:
Bobbiwoz - passed (mid-Jan) 50 VWL $77 all '05 points intact
leise - passed (1/19, in less than 10 days) 100 OKW $76
Amanda C - passed (mid-Jan) 70 HHI $70 all '05 points intact
Scotch - 1) passed 1/21 (sub. 1st week of Jan)
on 160 BCV (Apr) $78 4 '04, and all '05
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - OKW 130 $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)

ROFR'D:
Diszip - ROFR'd on 1/20 - 150 VWL (Aug) $75 all '05 + 8 '04 ( Sorry!!)
Kimber - ROFR'd 50 BCV $73 3 points coming in '05
Donald..really - ROFR'D 200 VWL $75


WAITING:
Greenban - waiting on 270 VWL (Aug) points $76 all '03, '04 & '05 intact
Beca - waiting on 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/22)
Scotch- 2) waiting (sub. 1/10) 150 OKW(Mar)
$65 15pts. remaining in '05
Tink10 - waiting - 25 BWV (Aug) $78 all '05
Daname - waiting 160 BWV $78 with banked 2004
Cinderpals - waiting BWV 200 $77 '04 pts, all '05 pts (went to DVC on 1/21)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12)
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20)

 

[reesecup]

You can add mine to the list:
Finalized contract; should be sent to Disney soon.
BWV, 75 '03 points banked, 150 '04 points and '05 points coming in Oct. $80 per point.
Wish us luck!!! Just worried about the banked points and '04 points that might get it bought back.
It's good to see that some of the BCV are actually going through. We want to get some of those eventually and it would be frustrating if all were getting bought back!

 

[Beca]

reesecup - sounds like you got a GREAT contract!!! I have NEVER heard of a BWV going for $80 per point. I think you are pretty safe!!! I know that doesn't help (I am waiting, too)...and, I actually RE-negotiated my contract to offer the seller $3 more per point. I was scared my deal was "too good" and would not go thru. ROFR just stinks!! Make sure you post when you get it!!

PASSED:
Bobbiwoz - passed (mid-Jan) 50 VWL $77 all '05 points intact
leise - passed (1/19, in less than 10 days) 100 OKW $76
Amanda C - passed (mid-Jan) 70 HHI $70 all '05 points intact
Scotch - 1) passed 1/21 (sub. 1st week of Jan)
on 160 BCV (Apr) $78 4 '04, and all '05
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - OKW 130 $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)

ROFR'D:
Diszip - ROFR'd on 1/20 - 150 VWL (Aug) $75 all '05 + 8 '04 ( Sorry!!)
Kimber - ROFR'd 50 BCV $73 3 points coming in '05
Donald..really - ROFR'D 200 VWL $75


WAITING:
Greenban - waiting on 270 VWL (Aug) $76 all '03, '04 & '05 intact
Beca - waiting on 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/22)
Scotch- 2) waiting (sub. 1/10) 150 OKW(Mar)
$65 15pts. remaining in '05
Tink10 - waiting - 25 BWV (Aug) $78 all '05
Daname - waiting 160 BWV $78 with banked 2004
Cinderpals - waiting BWV 200 $77 '04 pts, all '05 pts (went to DVC on 1/21)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12)
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20)
reesecup - 150BWV $80 75 '03, all '04 & '05 (sub. appx. 1/26)

 

[reesecup]

reesecup - sounds like you got a GREAT contract!!! I have NEVER heard of a BWV going for $80 per point.

Beca,

Does that mean we paid too much???? Oh, well. Maybe we can at least feel kind of safe.

Do you still have your HHI points for sale? Send me a pm if so. Thanks!

 

[Beca]

reesecup - sounds like you got a GREAT contract!!! I have NEVER heard of a BWV going for $80 per point.

Beca,

Does that mean we paid too much???? Oh, well. Maybe we can at least feel kind of safe.

Do you still have your HHI points for sale? Send me a pm if so. Thanks!

I am pm'ing you right now.



Beca

 

[jbhaupt]

Now I am nervous. I had heard the Disney was buying back popular DVC's under 76$. I did not believe it. Hope I didn't shoot myself. If Disney does ROFR have you heard of anyone changing (increasing) their bid?? Wonder if I should increase it now??? Any recommendations.


BWV
BCV

 

[Beca]

Now I am nervous. I had heard the Disney was buying back popular DVC's under 76$. I did not believe it. Hope I didn't shoot myself. If Disney does ROFR have you heard of anyone changing (increasing) their bid?? Wonder if I should increase it now??? Any recommendations.


BWV
BCV

I have heard of people re-negotiating post ROFR in the past, but that has been up to the discretion of DVC. Someone posted about a week ago that DVC is no longer allowing contracts they have taken to be re-negotiated.

I read on another thread that DVC just took a BCV at $78 per point. That is the highest I have heard of. If you choose to re-negotiate your contract BEFORE ROFR is completed (I'm not saying you should. I don't know the specifics of your contract), just contact your resale agent, and tell them. They will pull your contract. You will have to sign a new one, as will the seller.

Good luck,



Beca

 

[TammyAlphabet]

Watching this thread is so exciting! I guess my life is a bit boring!! LOL! I am truly pulling for all of you, especially Beca, I know how much she wants those BCV points!!

 

[kelakash]

Please bear with me - I have been lurking for some time trying to soak up all of your collective DVC expertise. I just quickly registered so I can weigh in on this subject. On January 3, 2005 we made an offer on 250 points, VWL, all 250 points from 2004 still available, $74 a point. We are still ever-so-anxiously awaiting notification. I just talked to Jason after reading this thread. He is going to contact the seller and see if they have been notified yet. Ugh. Good luck to the rest of you who are awaiting notification. I will post when I hear something. Thanks for all of the great info!

 

[DisZip]

After having our first resale ROFR'd by Disney, we are trying on another contract.

VWL 150 points, Feb Use Year, $78/point - all 2005 points and 92 banked points from 2004.

 

[Blue&Gold]

Also waiting... Contract w/ seller for BWV 350 pts Dec UY, 350 '04 still on books and all '05 coming in December. 78/pt, I pay closing and '05 maint. fees. I believe it went to Disney on 1/18.

 

[carol1231]

When you buy thru TTSS, are you paying the amount per point that is posted on their website? Or is it like buying a house, you make an offer and go back and forth until you reach an agreed price? Our three contracts were purchased thru Disney and I haven't tried a resale. But you all look very successful.

 

[DisZip]

When you buy thru TTSS, are you paying the amount per point that is posted on their website? Or is it like buying a house, you make an offer and go back and forth until you reach an agreed price? Our three contracts were purchased thru Disney and I haven't tried a resale. But you all look very successful.

Its just like buying a house. Most sellers are open to offers, some are more firm on their price - but its always worth making an offer for what you think is reasonable. The seller may accept, counter with an offer or simply reject your offer.

In some cases, if the asking price is too low, some buyers will offer more than the seller is asking - because they fear that Disney will snap up the contract under their Right of First Refusal.

 

[mcorbo]

ROFR'd VWL, 150 pts, $75 103 coming 04/05 went to Disney on 1/07, ROFR 1/26

 

[senecabeach]

Mmcorbo...........I'm sooooooo Sorry !!!!!!


I truly beleive everything happens for a good reason ....Better things await you.....

Hope a little Pixie Dust helps..

 

[Beca]

THANK YOU to everyone who keeps posting their stats here!!! The only way this thread can keep going is to have "the current" buyers post. I think this will prove to be a nice resource for future buyers...thank you so much for helping out and sharing your info!!!

TammyAlphabet - THANKS!!!

Mcorbo - I am SO sorry!!!

DisZip - good luck with number 2!!!

I think there are some definite, and very interesting trends starting to surface. I don't want to draw any conclusion (lest I be held responsible for ANYTHING). But, these stats are very interesting to look at.

Here's the update:

PASSED:
Bobbiwoz - passed (mid-Jan) 50 VWL $77 all '05 points intact
leise - passed (1/19, in less than 10 days) 100 OKW $76
Amanda C - passed (mid-Jan) 70 HHI $70 all '05 points intact
Scotch - 1) passed 1/21 (sub. beg of Jan)on 160 BCV(Apr) $78 4 '04, and all '05
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - OKW 130 $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)

ROFR'D:
Diszip - ROFR'd on 1/20 - 150 VWL (Aug) $75 all '05 + 8 '04 ( Sorry!!)
Kimber - ROFR'd 50 BCV $73 3 points coming in '05
Donald..really - ROFR'D 200 VWL $75
Mcorbo - ROFR'd 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - ROFR'd BCV 170 $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)



WAITING:
Greenban - waiting on 270 VWL (Aug) $76 all '03, '04 & '05 intact
Beca - waiting on 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/22)
Tink10 - waiting - 25 BWV (Aug) $78 all '05
Daname - waiting 160 BWV $78 with banked 2004
Cinderpals - waiting BWV 200 $77 '04 pts, all '05 pts (went to DVC on 1/21)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12)
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20)
reesecup - 150BWV $80 75 '03, all '04 & '05 (sub. appx. 1/26)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03)
DisZip - 150 VWL (Feb) $78 92 banked from '04 & all '05
Blue&Gold - 350 BWV (Dec) $78 '04 &'05 (sub. appx. 1/18)

 

[TinkTatoo]

We passed ROFR on 78 OKW points June UY all points comming on June / 05 at $73 per point. It went to Disney early Jan and passed in a week.

 

[Beca]

Thank you, KANSAS for the info on the BCV ROFR'd contract. That one IS tough to swallow.

PASSED:
Bobbiwoz - 50 VWL $77 all '05 points intact (mid-Jan)
leise - 100 OKW $76 (1/19, in less than 10 days)
Amanda C - 70 HHI $70 all '05 points intact (mid-Jan)
Scotch - 1) 160 BCV(Apr) $78 4 '04, and all '05(sub. beg of Jan, passed 1/21)
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - 130 OKW $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)
TinkTatoo - 78 OKW $73 (June) all '05 (sub. early Jan, passed in 1 wk)

ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE


WAITING:
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
Beca - 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/22)
Tink10 - 25 BWV (Aug) $78 all '05
Daname - 160 BWV $78 with banked 2004
Cinderpals - 200 BWV $77 '04 pts, all '05 pts (went to DVC on 1/21)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12)
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20)
reesecup - 150 BWV $80 75 '03, all '04 & '05 (sub. appx. 1/26)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03)
DisZip - 150 VWL (Feb) $78 92 banked from '04 & all '05
Blue&Gold - 350 BWV (Dec) $78 '04 &'05 (sub. appx. 1/18)

 

[Scott H]

Beca, Thanks for this thread....

We are trying do a HH addon of 150 pts at $69, no 05 points. The offer has been in the works for a little less than one week.