ROFR Thread October to December 2023 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[tom1944]

I was thinking it would be interesting if the listing price was known on these contracts.

 

[Disdreaming479]

I was thinking it would be interesting if the listing price was known on these contracts.

$138

 

[tom1944]

$138

I hope others include that information

Thanks

 

[Joe62888]

joe62888---$145-$8175-50-CCV@WL-Jun-0/22, 100/23, 50/24, 50/25- sent 11/11

 

[pangyal]

cbailey1616---$140-$20900-146-VGF-Feb-0/22, 0/23, 36/24, 146/25- sent 10/25, taken 11/8

Got mine snatched today by ROFR, I was kinda expecting it though!

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

 

[pangyal]

Updated!

Random update thoughts:

1.) I initially accidentally posted the taken VGF in Waiting because my fingers were so unused to adding anything near the bottom of the page.

2.) Both of the VGCs are being purchased by people who have spicy food usernames.

Have a great weekend!

 

[AdventureAw8s]

Adventureaw8s---$137-$21490-150-CCV@WL-Sep-0/22, 84/23, 80/24, 150/25- sent 10/24, passed 11/9

 

[SomeImaginationHuh]

SomeImaginationHuh---$158-$23700-150-VGF-Jun-0/22, 0/23, 0/24, 150/25-Sign & Stay- sent 11/11

 

[SomeImaginationHuh]

SomeImaginationHuh---$148-$38480-260-VGF-Apr-0/22, 0/23, 0/24, 260/25-Sign & Stay- sent 11/14

 

[emchen]

SomeImaginationHuh---$148-$38480-260-VGF-Apr-0/22, 0/23, 0/24, 260/25-Sign & Stay- sent 11/14

“Sign&Stay”?

 

[SomeImaginationHuh]

“Sign&Stay”?

It’s a promotion that DVC Resale Market is having right now. It’s basically a stripped down contract with no points until 2025 (so no dues due at closing) and the sellers pay all of the closing costs. So nothing at all is owed until you have to make your first loan payment. There are very specific loan terms with their preferred lender, with no prepayment penalty, so I’m just going to pay it off early. So basically there’s absolutely zero down payment.

Honestly, I’m wondering if Disney is going to take one or both so we will see what happens

 

[AstroBlasters]

It’s a promotion that DVC Resale Market is having right now. It’s basically a stripped down contract with no points until 2025 (so no dues due at closing) and the sellers pay all of the closing costs. So nothing at all is owed until you have to make your first loan payment. There are very specific loan terms with their preferred lender, with no prepayment penalty, so I’m just going to pay it off early. So basically there’s absolutely zero down payment.

Honestly, I’m wondering if Disney is going to take one or both so we will see what happens

EDIT: See further discussion below

 

[HyperspaceMountainPilot]

They don’t tend to take stripped contracts because they can’t sell it until there are points to use and they can’t rent it either.

That would make sense to me, but last week @cbailey1616 had the following stripped contract snatched:
cbailey1616---$140-$20900-146-VGF-Feb-0/22, 0/23, 36/24, 146/25- sent 10/25, taken 11/8

 

[SomeImaginationHuh]

That would make sense to me, but last week @cbailey1616 had the following stripped contract snatched:
cbailey1616---$140-$20900-146-VGF-Feb-0/22, 0/23, 36/24, 146/25- sent 10/25, taken 11/8

I saw that. Also the fact that the terms stay the same and seller is paying all fees. I guess we’ll see!

 

[AstroBlasters]

That would make sense to me, but last week @cbailey1616 had the following stripped contract snatched:
cbailey1616---$140-$20900-146-VGF-Feb-0/22, 0/23, 36/24, 146/25- sent 10/25, taken 11/8

I did hedge with “don’t tend to”

 

[lilsonicfan]

Should have called it Sign&don’tPay bc it doesn’t sound like a lot of staying is happening on no points

 

[Jimmy Geppetto]

Should have called it Sign&don’tPay bc it doesn’t sound like a lot of staying is happening on no points

DVCRM probably have their own imagineers who come with these concepts that take advantage of buyers who don’t know any better.

A+ for creativity.

F for integrity.

 

[SomeImaginationHuh]

DVCRM probably have their own imagineers who come with these concepts that take advantage of buyers who don’t know any better.

A+ for creativity.

F for integrity.

As a long term owner, both direct and resale, I didn’t see a downside at all. They make it very clear that you won’t be getting any points up front, which is the trade off for not having to pay a penny up front. It works out great for me, because the only thing I’m paying is the price per point. Planning on paying off early, so it was a win-win for me

 

[BlueRocco04]

BlueRocco04---$143-$9130-60-PVB-Jun-0/22, 2/23, 60/24, 60/25- sent 11/14

 

[KAT4DISNEY]

They don’t tend to take stripped contracts because they can’t sell it until there are points to use and they can’t rent it either.

Sadly and historically that is not correct. There have been times that most contracts that they ROFR'd were stripped. The difference with DVC is that once they get it back the contract essentially goes away. Then it's dependent on the points they have available total in a unit.
I don't recall exactly the year or two timeframe - maybe 8 or so years ago but could be a little longer - there were fully loaded contracts passing and stripped contracts being ROFR'd. DVC is ultimately in it long term so there's that too.