DVC RESALES
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Old 04-04-2013, 07:45 AM   #16
johnsbelt
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Quote:
Originally Posted by disneynutz View Post
Disney has 30 days to exercise ROFR. If they intend to do so, you normally hear something before 21 days. They make the others wait until almost 30 days for notification and they have now delayed the account access info 10 to 15 days. IMO it's to punish resale buyers and to force buyers who don't want to wait to buy direct.

Bill
Bill,

I'm beginning to agree with you. From casual observation of how DVD appears to operate, I wouldn't be suprised to see the decision made in the first week and then put it on a stack and not inform the involved parties until the last 3-5 days of the ROFR period.

Based on some of the issues we've had with Disney IT, I wouldn't be suprised if DVD has one person with spreadsheet to determine what they will ROFR given the randomness of their decisions on contracts.

Just like you, JMHO.

John
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Old 04-04-2013, 07:55 AM   #17
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Originally Posted by johnsbelt View Post
[snip]...Based on some of the issues we've had with Disney IT, I wouldn't be suprised if DVD has one person with spreadsheet to determine what they will ROFR given the randomness of their decisions on contracts.

Just like you, JMHO.

John
I can assure you that nothing about Disney is random. ROFR, just like anything else Disney, is very calculated. It just seems random to us because we have no information on how it works.
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Old 04-04-2013, 08:10 AM   #18
Rmgdisney
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Originally Posted by kkolbusz1 View Post
How many days passed before you heard if you passed or or got taken by disney?
Our first contract was ROFR'd on day 26. We were very disappointed but tried our luck again . We are on day 14 patiently waiting hopefully for good news
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Old 04-04-2013, 05:29 PM   #19
cm8
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Went to ROFR on 3/4 notified passed on 4/2 so 28 days
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Old 04-04-2013, 05:48 PM   #20
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How many days passed before you heard if you passed or or got taken by disney?
The first one passed in 26 days and the second in 24 days.
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Old 04-04-2013, 05:48 PM   #21
macd77
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Contract 1 - 27 days and the mouse ate it!

Contract 2 - 27 days and the mouse let it go!

Both were at OKW, similar pts different UYs.
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Old 04-04-2013, 07:10 PM   #22
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Submitted - 2/16
Passed - 3/12
24 days total
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Old 04-05-2013, 08:58 AM   #23
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Found out we passed on day 22.
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Old 04-05-2013, 10:06 AM   #24
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This was last year, but Disney ROFR'd on day 28 and the next one they passed on day 29.
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Old 04-05-2013, 11:38 AM   #25
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Here's my timeline and some details...

Day 1: Offer found and eventually agreed and settled on a final price.
Day 2: Documents received from TSS ("Disclosure Notice"/"Deposit receipt and contract for Sale and Purchase"/"Important Notice")
Day 3: Signed documents sent back via email. Also mailed back documents with the deposit check (10% of purchase price)
Day 6: Mailed items received by TSS and they forwarded the check to the title Company
Day 7: TSS received Seller's documents
Day 8: Sent to Disney for ROFR
Day 10: Title company emailed "Buyer Open Escrow" documentation. Signed and emailed back to title company.
Day 34: Notified by TSS that Disney has waived their right to purchase.
Day 41: Closing documents emailed by Title Company. Signed, got cashier's check, mailed back.
Day 46: Notified by Title Company that they received my closing documents and cashier's check. Nothing sent by the sellers yet.
Day 49: Notified by Title Company that they closed my file today and sent it to be recorded.
Day 50: I see the Warranty Deed from the Sellers and the waiver of ROFR from Disney on the Orange County website
Day 61: Called MA, they said the letter was mailed out to me on two days ago and I would have to wait for the Member ID from the letter. It could take up to 2 weeks
Day 67: Received letter from DVC with member ID.
Day 68: Call MA, received login info and was able to login to the DVC member site

Last edited by RSWA2; 04-05-2013 at 11:50 AM.
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Old 04-05-2013, 03:48 PM   #26
ckwong
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took just about 1 month for mine. GCV
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