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-   -   Getting worried that Disney is going to excercises Rofr on my BWV purchase. (http://www.disboards.com/showthread.php?t=3076784)

ozzie2131 03-08-2013 12:58 AM

Getting worried that Disney is going to excercises Rofr on my BWV purchase.
 
Getting worried that Disney is going to excercises Rofr on my BWV purchase. 55 dollars 150 points all 2012 and beyond points. Someone please reassure me that they won't. Sent to Disney 9 days ago

ELMC 03-08-2013 04:53 AM

Quote:

Originally Posted by ozzie2131 (Post 47735814)
Getting worried that Disney is going to excercises Rofr on my BWV purchase. 55 dollars 150 points all 2012 and beyond points. Someone please reassure me that they won't. Sent to Disney 9 days ago

Well, there's two things. First, either they're going to take it or they're not, so worrying isn't going to do you any good. Second, BWV has, up until this point, pretty much avoided being targeted by ROFR. Based on past history, you should be fine.

Sandisw 03-08-2013 06:04 AM

I agree...they haven't seem to take BWV and the longer you go, the better it is...someone posted that most that get taken usually do so in the first 14 days...after that, the odds get less and less.

But, no one knows what they are thinking...I just passed a $95 BLT contract and someone else had the same price point and got it taken..mine even had all 2012 points...

Here is some pixiedust: that you get through! Good luck!

Caren90 03-08-2013 06:44 AM

$55 per point is a good price and many in that range have passed ROFR. Are you paying the 2012 MF's and closing costs? It seems that has some effect on ROFR, but you should be ok at that price point.


Good luck
Stephen

DisneyFansInLINY 03-08-2013 07:13 AM

I am also worried about ROFR. The price increase on 3/20 makes me feel like Disney is going to need a decent amount of inventory on all of the resorts. And then of course there are those who have been getting on waitlists before the price increase. Disney is going to have to meet those demands as well. Unfortunately, there isn't anything you can do but wait. Good luck to you and hope you get your contract :)

ozzie2131 03-08-2013 07:55 AM

Quote:

Originally Posted by DisneyFansInLINY (Post 47736818)
I am also worried about ROFR. The price increase on 3/20 makes me feel like Disney is going to need a decent amount of inventory on all of the resorts. And then of course there are those who have been getting on waitlists before the price increase. Disney is going to have to meet those demands as well. Unfortunately, there isn't anything you can do but wait. Good luck to you and hope you get your contract :)

Good luck to you too!

ozzie2131 03-08-2013 07:56 AM

Quote:

Originally Posted by Caren90 (Post 47736586)
$55 per point is a good price and many in that range have passed ROFR. Are you paying the 2012 MF's and closing costs? It seems that has some effect on ROFR, but you should be ok at that price point.


Good luck
Stephen

I paid all closing fees and all mf's. So hopefully that helps.

dbs1228 03-08-2013 08:11 AM

Quote:

Originally Posted by ozzie2131 (Post 47735814)
Getting worried that Disney is going to excercises Rofr on my BWV purchase. 55 dollars 150 points all 2012 and beyond points. Someone please reassure me that they won't. Sent to Disney 9 days ago

We are in the same boat! I am worried also - this is the contract I really want 222 BWV for 55.00PP we are paying 9 months MF and closing - sent for ROFR a few days ago keep me posted you are a week ahead of me. Wishing both of us luck :cloud9: or I know I will be back to the drawing board!:mad:

Also we are selling our SSR 130 point contract which went for ROFR 2 days prior to the BWV - should be interesting.

Caren90 03-08-2013 08:38 AM

Quote:

Originally Posted by ozzie2131 (Post 47737113)
I paid all closing fees and all mf's. So hopefully that helps.

Yes it will.

Stephen

MDdriver 03-08-2013 07:07 PM

Quote:

Originally Posted by ozzie2131 (Post 47735814)
Getting worried that Disney is going to excercises Rofr on my BWV purchase. 55 dollars 150 points all 2012 and beyond points. Someone please reassure me that they won't. Sent to Disney 9 days ago

I don't know if this will reassure you, but a couple of months ago, I got a 200 pt contract at BWV for $50/pt. Sent to ROFR on Dec 23 and closed at the end of Jan. I think you will get the contract. Welcome home.

dbs1228 03-09-2013 09:21 PM

Someone just posted that they were notified today the DVC took their BWV 270 points Feb UY 60.00PP :( now I am really concerned!

kenspidey 03-10-2013 08:37 AM

Quote:

Originally Posted by dbs1228 (Post 47752830)
Someone just posted that they were notified today the DVC took their BWV 270 points Feb UY 60.00PP :( now I am really concerned!

At 55 a point I would be worried too......Just agreed to pay $67 for BWV. Contract was loaded with all of 2012 points banked into 2013. SEPT UY and I am a little concerned.

CarolMN 03-10-2013 08:44 AM

No one really understands why Disney exercises (or doesn't exercise) ROFR. All you can do is wait it out and hope for the best. Obviously everyone already knows that and if it were me, I'd be worried, too. :)

IMO, it's going to depend on the inventory Disney already has in each use year for unsold BWV points. As most know, BWV is part of the current webcast promotion and even includes "free" park hoppers for purchases over a certain amount. So for example, if Disney is low on February points, it may decide to ROFR contracts to get more, especially if the contracts have current use year points available. A lot will depend on how much demand for BWV points Disney anticipates for each use year.

Good luck to all who are waiting.

wdrl 03-10-2013 10:03 AM

Quote:

Originally Posted by CarolMN (Post 47754646)

IMO, it's going to depend on the inventory Disney already has in each use year for unsold BWV points. As most know, BWV is part of the current webcast promotion and even includes "free" park hoppers for purchases over a certain amount. So for example, if Disney is low on February points, it may decide to ROFR contracts to get more, especially if the contracts have current use year points available. A lot will depend on how much demand for BWV points Disney anticipates for each use year.

Another factor that comes into play, especially at this time of year, is the number of pending foreclosures sitting on DVC's ledger. Maintenance fees were due this past February 15th and there are a number of Members that are past due. I imagine DVD tracks the accounts that are in arrears and, based on prior experience, has a fairly good idea of how many points will end up back under its control because it will foreclose on those accounts.

Although I don't know if this is true, but I suspect that the number of points DVD reacquires through foreclosures affects its willingness to reacquire points through the ROFR process. Keep in mind that DVD reacquires far more points through foreclosures than it get back by exercising ROFR. For the 14 months from January 2012 to February 2013, DVD ROFRed only 1,295 BLT points. However, it reacquired 61,823 BLT points through foreclosure proceedings during that same period.

ELMC 03-10-2013 10:13 AM

Quote:

Originally Posted by wdrl

Another factor that comes into play, especially at this time of year, is the number of pending foreclosures sitting on DVC's ledger. Maintenance fees were due this past February 15th and there are a number of Members that are past due. I imagine DVD tracks the accounts that are in arrears and, based on prior experience, has a fairly good idea of how many points will end up back under its control because it will foreclose on those accounts.

Although I don't know if this is true, but I suspect that the number of points DVD reacquires through foreclosures affects its willingness to reacquire points through the ROFR process. Keep in mind that DVD reacquires far more points through foreclosures than it get back by exercising ROFR. For the 14 months from January 2012 to February 2013, DVD ROFRed only 1,295 BLT points. However, it reacquired 61,823 BLT points through foreclosure proceedings during that same period.

Very interesting and very scary. Is there any way of knowing which contracts had balances on them and which didn't? I can understand giving back a contract with a balance, but in the case of a completely paid for contract the owner had other options.


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