ROFR Thread January to March 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Amyeliza]

Quick update. Apparently there are 73 points for 2020 UY on the contract and I forgot to put that it’s an international seller.

Does that mean that it's still at the title company and hasn't gone to ROFR? Or, did Disney send it back?

 

[matthewredrich]

Does that mean that it's still at the title company and hasn't gone to ROFR? Or, did Disney send it back?

I believe it still went to ROFR on Friday. Just missed the 73 points for 2020. They thought they’d all been used.

 

[Lexxiefern]

How’s your title company??

magic vacation title

 

[Lexxiefern]

Usually if it’s about escrow it’s because you didn’t pass and they want to know if you want a refund or to keep it on account so you can try again. That has been my experience.

The paperwork says it’s to verify the name for the title. It also has written in bold that if I change anything it will prompt the right of first refusal process to start over again. Nothing about a refund.

 

[Max Jolicoeur]

The paperwork says it’s to verify the name for the title. It also has written in bold that if I change anything it will prompt the right of first refusal process to start over again. Nothing about a refund.

Got this today too (sent mine on March 7th). I think it's for the title company, nothing to do with ROFR.

 

[Sarahdelcampo]

I just received an email from the title company about escrow. I’m guessing this means I passed ROFR? I just sent a message to my agent to verify. Will update when I hear back. FYI, mine was sent on 3/4

I found this: (See #6)...
dvcfan.com/2019/12/03/a-guide-to-the-many-waits-of-buying-a-resale-contract/

Does that sound like what happened?

 

[Divaofdisney]

I guess persistence pays off, FINALLY received our closing documents this afternoon. Will go to bank in the morning to have notarized and sent out. This took over 3 weeks!!!

 

[princesscinderella]

The paperwork says it’s to verify the name for the title. It also has written in bold that if I change anything it will prompt the right of first refusal process to start over again. Nothing about a refund.

That sounds good then

 

[KAT4DISNEY]

I know you’re joking, but man, I really did enjoy my direct buying experience way more than resale. Having points pop up in my account like within hours of giving the guide my down payment was so nice. I just try not to think about the extra $$ I could have saved and so far no regrets. I don’t know if I can handle having ROFR monster take my contracts over and over again. Especially when there’s no real rhyme or reason on what they take. But there’s no way I want to pay direct prices for 2042 so here I am.. waiting with u all.

How funny as we're all different. I'm completely the opposite here as I feel much more fond about our resale contracts!

 

[Lexxiefern]

I just received an email from the title company about escrow. I’m guessing this means I passed ROFR? I just sent a message to my agent to verify. Will update when I hear back. FYI, mine was sent on 3/4

The title company just got back to me. She said this is a preliminary document to verify the info is correct on the form as well as choose your tenancy.

So looks like I’m still waiting!

 

[Amyeliza]

I guess persistence pays off, FINALLY received our closing documents this afternoon. Will go to bank in the morning to have notarized and sent out. This took over 3 weeks!!!

3 weeks!!! That's crazy!

 

[Divaofdisney]

3 weeks!!! That's crazy!

I agree, it was way too long. But it is what it is... now to move ahead to getting these returned.

 

[MinnieSueB]

You would have really struggled last year when ROfR was taking an average of 45 days!!! People got all excited when they heard back around 30!!
Hoping it comes this week!!!!

Yes! It took us 42 days to get thru ROFR then but we all did feel pretty good that Disney wasn't taken anything back then! I'm sweating this one out!

 

[CaptainAmerica]

CaptainAmerica---$102.5-$22722-200-SSR-Mar-19/20, 200/21, 200/22- sent 3/3, passed 3/23

Let's go.

 

[Huxknits]

CaptainAmerica---$102.5-$22722-200-SSR-Mar-19/20, 200/21, 200/22- sent 3/3, passed 3/23

Let's go.

Yes! Excited for you.. should be hearing sometime soon (next week or so) on our SSR contract!

 

[Rebs007]

Agree and doing the same here. On one hand I am thankful there is nothing out there to give me buyers remorse as I wait on ROFR. On the other hand it worries me that if Disney buys my current contract back I would settle for something less than desirable as a rebound lol.

Same! There hasn’t been anything better but also prices seem like they’ve gone up a bit since it went to ROFR so now possibly considering a whole different game plan if it doesn’t pass. Lately there have been so many stripped contracts being posted without points until 2023! We are wanting to go next year so we have some time but we are also planning on using points that are either banked or borrowed to make it happen.

We are also in the same boat. We want to go in late 2022 using points banked from 2021. Very concerned all the current available AKV contracts are stripped. We felt one of ours contracts at $108/point was vulnerable but it was the asking price! Ours were submitted 3/8 and 3/9 so getting close to hearing maybe. Fingers crossed for all of us.

 

[michael730]

CaptainAmerica---$102.5-$22722-200-SSR-Mar-19/20, 200/21, 200/22- sent 3/3, passed 3/23

Let's go.

Wow that’s awesome congrats! I sent the same day! You seem to be the only one this week to have gotten the good news so far

 

[Amyeliza]

Yes! Excited for you.. should be hearing sometime soon (next week or so) on our SSR contract!

Woo hoo! This is the first one through that I've seen this week. Great contract.

 

[MonaMN]

I guess persistence pays off, FINALLY received our closing documents this afternoon. Will go to bank in the morning to have notarized and sent out. This took over 3 weeks!!!

We passed ROFR a few weeks ago and we are still waiting for closing docs too. I know we have passed estoppel but we are still waiting...

So hard to be patient.

 

[MinnieB]

Find myself waiting again many years after the last attempt.. Let's see how it goes!

MinnieB---$165-$17245-100-VGF-Aug-0/20, 100/21, 100/22- sent 3/2

Heard back today! Good luck to those still waiting. I believe there are some very similar contracts in ROFR right now!

MinnieB---$165-$17245-100-VGF-Aug-0/20, 100/21, 100/22- sent 3/2, passed 3/23