ROFR Thread July to Sept 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Lorana]

Just agreed on a price with a seller of a 160 point BLT contract @ $130/pt with no current year points. Will circle back with details when it is sent.

Nice deal!!

 

[Naglejen]

First time DVC buyer (made an offer after having to cancel our trip), and I am so worried they are going to start taking contracts again!

Naglejen---$149-$11985-75-PVB-Oct-0/18, 6/19, 33/20, 75/21- sent 7/16

 

[Cyberc1978]

First time DVC buyer (made an offer after having to cancel our trip), and I am so worried they are going to start taking contracts again!

Naglejen---$149-$11985-75-PVB-Oct-0/18, 6/19, 33/20, 75/21- sent 7/16

I wouldn’t be worried. currently all contracts passes. However at some points DVC will start taking contracts again, when that will be I don’t know, but my guesstimate is that they do when COVID-19 is under control in FL and park attendance is closer to normal. At that time DVC and Disney will have a bigger wallet as cash inflow is bigger and direct sales have most likely picked up too.

 

[taylordemon]

taylordemon---$135-$12845-90-PVB-Feb-0/19, 4/20, 90/21, 90/22- sent 7/23

First time buyer, fingers crossed, hopefully the wait won't be too terrible!

 

[RyanWellhoefer]

RyanWellhoefer- $135-$27705-200-PVB-April-0/19, 0/20, 200/21- sent 6/10
Still haven’t heard anything. Hoping this week! Day 46 for us.

 

[3 DD love princesses]

RyanWellhoefer- $135-$27705-200-PVB-April-0/19, 0/20, 200/21- sent 6/10
Still haven’t heard anything. Hoping this week! Day 46 for us.

Hope you hear tomorrow. Maybe they will work all week and get caught up more. Would love to hear we passed this week but have a feeling it will be another week.

 

[prouddaddycdn]

prouddaddycdn---$117-$12250-100-BWV-Feb-0/19, 0/20, 130/21, 100/22- sent 7/18

Swore back in 2017 when I bought my first resale contract that I would only buy direct from that point due to all the stress and time it took to actually get a contract finalized but here I am again jumping into resale. This contract just met all our requirements so we had to jump on it. Hopefully this one goes smoothly.

 

[Madmavis]

Prouddaddycdn - $117 - $11700-100-BWV-February-0/19, 0/20, 130/21- sent 7/18

Swore back in 2017 when I bought my first resale contract that I would only buy direct from that point due to all the stress and time it took to actually get a contract finalized but here I am again jumping into resale. This contract just met all our requirements so we had to jump on it. Hopefully this one goes smoothly.

Good luck!

 

[Tianamama]

Tianamama---$136-$14510-100-PVB-Dec-0/19, 50/20, 100/21- sent 5/20, passed 7/27.

It took 68 days!! I have no idea why it took so long. I checked in with my agent twice during the process and he contacted Disney each time, and I know that once they said that an addendum had to be made a few weeks ago. It sure was hard seeing many sent after me pass but I’m glad this part is done!!

 

[RyanWellhoefer]

RyanWellhoefer- $135-$27705-200-PVB-April-0/19, 0/20, 200/21- sent 6/10
Still haven’t heard anything. Hoping this week! Day 46 for us.

My wife informed me that we received an email from the title company. We have passed Right of First Refusal today! Took 47 days! Glad to call Poly our new home!

 

[chicagoshannon]

Looks like they're working today. I hope we hear of more dates! I'm 6/23 so hoping to hear this week but probably will be next week.

 

[brf5003]

brf5003---$90-$9536-100-SSR-Mar-0/19, 0/20, 100/21- sent 6/16, passed 7/27

Just received word from the broker we passed ROFR! Thanks again to everyone on this forum for all the helpful info!

 

[lovin'fl]

Just got word that these 2 passed ROFR. Waiting on the 3rd one. And waiting 2 weeks for closing docs.

lovin'fl (seller)---$80-$2227-25-HH-Aug-0/19, 25/20, 25/21- sent 6/16, passed 7/27

lovin'fl (seller)---$80-$4767-50-HH-Aug-0/19, 24/20, 25/21- sent 6/16, passed 7/27

 

[EM Lawrence]

Tianamama---$136-$14510-100-PVB-Dec-0/19, 50/20, 100/21- sent 5/20, passed 7/27.

It took 68 days!! I have no idea why it took so long. I checked in with my agent twice during the process and he contacted Disney each time, and I know that once they said that an addendum had to be made a few weeks ago. It sure was hard seeing many sent after me pass but I’m glad this part is done!!

This gives me hope. I have a similar sized Poly contract sitting in ROFR that got sent 5/26 and I’ve also checked in with my agent twice to no avail.

 

[EM Lawrence]

I actually emailed my agent today and said that we can’t agree to an extension of the 90 day contract deadline. We are at day 62 right now. I’d hate to lose the contract, but we have to make a major financial decision before mid-August and our access to the cash to pay for this contract will close then. We are not at all interested in financing. I really thought we would be closed by the end of July when I made the offer in late May. Maybe we will hear this week and all will be well.

 

[Liquidice]

Happy to see that a few contracts passed today! Seems unlikely, but I wonder if some contracts passed on Thurs/Fri as well but just were not disboards members.

 

[smisale]

also in waiting stage
smisale--$95--16375.00--160/20--160/21---160/22-sent july20

 

[Perryo]

I actually emailed my agent today and said that we can’t agree to an extension of the 90 day contract deadline. We are at day 62 right now. I’d hate to lose the contract, but we have to make a major financial decision before mid-August and our access to the cash to pay for this contract will close then. We are not at all interested in financing. I really thought we would be closed by the end of July when I made the offer in late May. Maybe we will hear this week and all will be well.

What are the ramifications of a closing not occurring on or prior to the closing date on the contract?
Just curious because this Friday is the closing date on our 90 day contract and we have been waiting for closing documents for two weeks (after a 61 day ROFR wait). It is looking like we are not going to make it.

 

[EM Lawrence]

What are the ramifications of a closing not occurring on or prior to the closing date on the contract?
Just curious because this Friday is the closing date on our 90 day contract and we have been waiting for closing documents for two weeks (after a 61 day ROFR wait). It is looking like we are not going to make it.

If the contract is not able to close in 90 days, I will get my deposit back and can back out of the sale. Which is not what I want, but I may have to do that. If everyone agrees to extend the closing it would not be a problem. But it can be an out if you need it. You should read your contract to be sure exactly what it says.

 

[CarpeDream71]

If the contract is not able to close in 90 days, I will get my deposit back and can back out of the sale. Which is not what I want, but I may have to do that. If everyone agrees to extend the closing it would not be a problem. But it can be an out if you need it. You should read your contract to be sure exactly what it says.

My contract signed in mid-June was written by the agent to close in 120 days. It is my first contract so I didn't realize then that 90 or even 60 was standard. Guess the agent knew what was up. Lol.