Anyone made it through (or not made it through) ROFR recently? - Section V - Page 80 - The DIS Discussion Forums

DrMomof3 · 03-14-2013, 07:10 PM

The BCV contract that we are trying to buy went to Disney today. I think it'll be a LONG month of waiting!

Amanda

ottawagreg · 03-14-2013, 07:54 PM

We have survived the ROFR gauntlet at the House of Mouse! After losing out on our first attempt, we were fortunate to have Mickey wave his right to purchase the contract. Our new "home" is at the VWL. The contract went to ROFR on 02/16 and we received notice that we are confirmed for closing on 03/12. It was 150 points at $60, UY is June. All 150 points allocated for 2014 available. The last week I was thinking that we might not pass ROFR, but all that is done now and we feel blessed to have this in place going forward.

bobbiwoz · 03-14-2013, 08:04 PM

Quote:

Originally Posted by ottawagreg

We have survived the ROFR gauntlet at the House of Mouse! After losing out on our first attempt, we were fortunate to have Mickey wave his right to purchase the contract. Our new "home" is at the VWL. The contract went to ROFR on 02/16 and we received notice that we are confirmed for closing on 03/12. It was 150 points at $60, UY is June. All 150 points allocated for 2014 available. The last week I was thinking that we might not pass ROFR, but all that is done now and we feel blessed to have this in place going forward.

Congratulations!

We own 7 resorts, but VWL is absolutely our favorite!

Chokky · 03-14-2013, 08:12 PM

Disney took our contract

and took over 30 days to decide to take it on ROFR.

BCV 150 points loaded with Oct UY at $70 a point.

Sad now.

Chokky

disfanforlife · 03-14-2013, 08:14 PM

Quote:

Originally Posted by DrMomof3

The BCV contract that we are trying to buy went to Disney today. I think it'll be a LONG month of waiting!

Amanda

That is good news!! Hope the month goes quickly for us both!

ozzie2131 · 03-14-2013, 08:36 PM

Disney exercised its rofr on my bwv contract 150pts 55per march all 2013points. Bad disney.

dbs1228 · 03-14-2013, 08:47 PM

Quote:

Originally Posted by ozzie2131

Disney exercised its rofr on my bwv contract 150pts 55per march all 2013points. Bad disney.

Very bad Disney! When did your contract get submitted?

I expect the same and have seen some other contracts I would have liked to try for but I can't - until I hear! There is a part of me that is thinking about waiting a month or 2 and see what happens with the market if I can hold out - I think we had bad timing!

kkolbusz1 · 03-14-2013, 11:41 PM

I can feel the ulcer forming & i haven't even signed the papers. Ive been informed ill get them by tomorrow & im assuming they wont go to rofr until mon? I know there's no method to the madness but Out of all the Ssr ones that passed (i think there's 78, i quickly skimmed, could b more) only 5 have as many or pd more than what we offered. Majority have banked points as well. We are paying $63, 138-2012 150-sept uy. Do we have a pretty good fighting chance? Before we offered one of the reps said theyve been consistently passing from $61-$66, but last wk a $55, $57 & $58 & 1 $ 63 got taken. I need some hope. I sure hope things dont get ugly after the 20th.

bobbiwoz · 03-15-2013, 06:31 AM

Quote:

Originally Posted by kkolbusz1

I can feel the ulcer forming & i haven't even signed the papers. Ive been informed ill get them by tomorrow & im assuming they wont go to rofr until mon? I know there's no method to the madness but Out of all the Ssr ones that passed (i think there's 78, i quickly skimmed, could b more) only 5 have as many or pd more than what we offered. Majority have banked points as well. We are paying $63, 138-2012 150-sept uy. Do we have a pretty good fighting chance? Before we offered one of the reps said theyve been consistently passing from $61-$66, but last wk a $55, $57 & $58 & 1 $ 63 got taken. I need some hope. I sure hope things dont get ugly after the 20th.

It seems to me that you should be safe. You would have 138 to use before September, so that's not "loaded" no banked points and a high enough price.

nunzia · 03-15-2013, 07:40 AM

Isn't ROFR only supposed to last 30 days max? Submitted 2/14 and nothing heard yet..(of course with Feb being a short month its been less than 30 days so I guess we'll hear soon?) At this point I don't know what I wish since I got my waitlist VGC, and already used them and paid for them.

puffkin · 03-15-2013, 08:25 AM

Quote:

Originally Posted by kkolbusz1

I can feel the ulcer forming & i haven't even signed the papers. Ive been informed ill get them by tomorrow & im assuming they wont go to rofr until mon? I know there's no method to the madness but Out of all the Ssr ones that passed (i think there's 78, i quickly skimmed, could b more) only 5 have as many or pd more than what we offered. Majority have banked points as well. We are paying $63, 138-2012 150-sept uy. Do we have a pretty good fighting chance? Before we offered one of the reps said theyve been consistently passing from $61-$66, but last wk a $55, $57 & $58 & 1 $ 63 got taken. I need some hope. I sure hope things dont get ugly after the 20th.

I don't think there is a rhyme or reason. We got through in Feb with a $48 SSR, where others get pulled at much higher prices. The good thing about SSR is there is so much inventory, it shouldn't take long to find another contract you like if this one gets taken.

DrMomof3 · 03-15-2013, 08:55 AM

Reading about all the contracts that Disney has taken recently, I'm a little nervous now. But I figure there's nothing I can do about it anyway so we just have to go with the flow and see what happens!

Amanda

zippingalong · 03-15-2013, 10:01 AM

Quote:

Originally Posted by zippingalong

Faxed back the contract today.

HHI 210 points. June UY.
39 banked '12s and all forward.
Buyer pays closing and fees (Fidelity)

$41 per point. With all fees, it comes out to $45 and change.
We shall see about this one.

Disney bought my contract back today.

psac · 03-15-2013, 12:25 PM

Quote:

Originally Posted by nunzia

Isn't ROFR only supposed to last 30 days max? Submitted 2/14 and nothing heard yet..(of course with Feb being a short month its been less than 30 days so I guess we'll hear soon?) At this point I don't know what I wish since I got my waitlist VGC, and already used them and paid for them.

I would call your broker. Hopefully someone can verify, but I was under the impression that they did have only 30 days to legally invoke their right.

AppleDisneyDad · 03-15-2013, 12:44 PM

Has anyone seen a cash flow analysis of ROFR from Disneys point of view anywhere in these boards? I think that there are cash implications based on who (buyer or seller) pays maintenance fees but I am sure that I am not the first to ask this. Can someone throw me a link?

03-14-2013, 07:10 PM	#1186
DrMomof3 DIS Veteran Join Date: Jan 2010 Location: Westchester, NY Posts: 4,412	The BCV contract that we are trying to buy went to Disney today. I think it'll be a LONG month of waiting! Amanda __________________ Proud mom to DS age 9 DD age 7 DS age 4 Ran the Disney Half-Marathon 2011; Full Marathon 2012; ToT 2012; GOOFY 2013; Princess 2013 Poly 01/2008; SSR 05/2009; CR 12/2009; YC 04/2010; BCV 08/2010; Poly CL 01/2011; BLT 08/2011; Swan 10/2011; GF CL 01/2012; Vero Beach 04/2012; Cabins 06/2012; WBC 08/2012; BCV 09/2012; Poly 1/2013; HGV 02/2013 Half-marathon PTR BCV Trip Report Half Marathon Trip Report Aug 2011 PTR Aug 2011 TR Multi-Trip 2012 PTR Disney Dream August 2013 PTR

03-14-2013, 07:54 PM	#1187
ottawagreg Earning My Ears Join Date: Dec 2012 Posts: 2	We have survived the ROFR gauntlet at the House of Mouse! After losing out on our first attempt, we were fortunate to have Mickey wave his right to purchase the contract. Our new "home" is at the VWL. The contract went to ROFR on 02/16 and we received notice that we are confirmed for closing on 03/12. It was 150 points at $60, UY is June. All 150 points allocated for 2014 available. The last week I was thinking that we might not pass ROFR, but all that is done now and we feel blessed to have this in place going forward. __________________ Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight.

03-14-2013, 11:41 PM	#1193
kkolbusz1 Mouseketeer Join Date: Mar 2013 Posts: 164	think we'll make it? I can feel the ulcer forming & i haven't even signed the papers. Ive been informed ill get them by tomorrow & im assuming they wont go to rofr until mon? I know there's no method to the madness but Out of all the Ssr ones that passed (i think there's 78, i quickly skimmed, could b more) only 5 have as many or pd more than what we offered. Majority have banked points as well. We are paying $63, 138-2012 150-sept uy. Do we have a pretty good fighting chance? Before we offered one of the reps said theyve been consistently passing from $61-$66, but last wk a $55, $57 & $58 & 1 $ 63 got taken. I need some hope. I sure hope things dont get ugly after the 20th.

03-15-2013, 07:40 AM	#1195
nunzia You can't top pigs with pigs, but you CAN top Toys with Toys Join Date: Oct 2007 Location: New Mexico Posts: 6,982	Isn't ROFR only supposed to last 30 days max? Submitted 2/14 and nothing heard yet..(of course with Feb being a short month its been less than 30 days so I guess we'll hear soon?) At this point I don't know what I wish since I got my waitlist VGC, and already used them and paid for them. __________________

03-15-2013, 08:55 AM	#1197
DrMomof3 DIS Veteran Join Date: Jan 2010 Location: Westchester, NY Posts: 4,412	Reading about all the contracts that Disney has taken recently, I'm a little nervous now. But I figure there's nothing I can do about it anyway so we just have to go with the flow and see what happens! Amanda __________________ Proud mom to DS age 9 DD age 7 DS age 4 Ran the Disney Half-Marathon 2011; Full Marathon 2012; ToT 2012; GOOFY 2013; Princess 2013 Poly 01/2008; SSR 05/2009; CR 12/2009; YC 04/2010; BCV 08/2010; Poly CL 01/2011; BLT 08/2011; Swan 10/2011; GF CL 01/2012; Vero Beach 04/2012; Cabins 06/2012; WBC 08/2012; BCV 09/2012; Poly 1/2013; HGV 02/2013 Half-marathon PTR BCV Trip Report Half Marathon Trip Report Aug 2011 PTR Aug 2011 TR Multi-Trip 2012 PTR Disney Dream August 2013 PTR

03-14-2013, 08:12 PM	#1189
Chokky Mouseketeer Join Date: Nov 2007 Location: Alberta, Canada Posts: 162	Disney took our contract and took over 30 days to decide to take it on ROFR. BCV 150 points loaded with Oct UY at $70 a point. Sad now. Chokky

03-14-2013, 08:36 PM	#1191
ozzie2131 Earning My Ears Join Date: Feb 2013 Location: Chicago Posts: 15	Disney exercised its rofr on my bwv contract 150pts 55per march all 2013points. Bad disney.

03-15-2013, 12:44 PM	#1200
AppleDisneyDad Quietly Lurking Join Date: Feb 2013 Posts: 32	Has anyone seen a cash flow analysis of ROFR from Disneys point of view anywhere in these boards? I think that there are cash implications based on who (buyer or seller) pays maintenance fees but I am sure that I am not the first to ask this. Can someone throw me a link? __________________

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