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

[EM Lawrence]

I got my closing documents from Mason just a few days after we passed ROFR. But we were closing in on the contract deadline and I had indicated that I was not willing to extend it if we did not close on time. My ROFR took over 60 days. I was honestly shocked that I got the closing documents so fast. Also,@lea2124 I would recommend that you hold onto your money until the seller has returned their closing documents. Just let the title company know that you plan to send the money as soon as all the paperwork is completed.

 

[twilightzone81]

So some people seem to get their closing documents a few days after ROFR and some people are waiting nearly a month!? Is this on Disney or the title company or a combination? In the email where my broker confirmed ROFR had been waived I was told to expect closing documents in 10-14 days so was expecting them this week? (ROFR passed 1 week ago today).

 

[EM Lawrence]

I honestly don’t know why some people get closing documents quickly and others wait much longer, but if I had to guess I would pin it on the title company. Mason was super quick at with every step in my experience. Disney was the holdup.

 

[twilightzone81]

Well I certainly know which title company I'm going to use when I buy my next contract (sssshhhh, husband doesn't know about the addonitus issue yet haha!).

 

[chicagoshannon]

It took about 2 weeks (maybe a little less) to get our closing docs after passing. After passing we got an email from Fidelity stating it would take 2-3 weeks for the paperwork. I think it's the broker holding things up not the closing company. When I saw people getting their document within just a couple of days and having closed even before we to our documents I asked the closing company. They said they were waiting for something from the broker (guessing the estopel) and so I reached out to Fidelity. Miraculously they recieved the paperwork from Disney "just a few moments ago". lol yeah ok. So they "expedited" my paperwork. Wonder if it would have taken another week if I hadn't complained.

 

[gisele2]

I was with Fidelity and First american. Between ROFR and closing docs I was expecting 4 weeks, but I had them in five days. ( for me 4 weeks would have been better , exchange rate is a little better right now)

 

[sethschroeder]

I had one with Mason

ROFR passed June 30th
Closing docs received July 16th.
I cant see it taken 17 days or so just to send closing docs.

Except you had a holiday in between there and it taking that long to get closing documents gives zero information on estoppel other than they would have gotten sooner than that.

It can take some of these brokers/title companies a couple days just to send in ROFR which which should be fairly instant.

 

[HockeyMomNH]

Hmm, if we do pass ROFR this week and it takes two weeks from that it will be right when we are at WDW. I guess we will be the delay then. Lol!

 

[twilightzone81]

Hmm, if we do pass ROFR this week and it takes two weeks from that it will be right when we are at WDW. I guess we will be the delay then. Lol!

I can't beleive you still haven't heard - what day are you on now?

 

[Liquidice]

I'm using Fidelity and First American...
I passed on 8/24/20 - still waiting on closing paperwork. Emailed Fidelity on Friday 8/28 last week and they said they received the estoppel on Thursday 8/27. The agent told me to wait until tomorrow (9/1/20) to email her again and she would check on the status and ask them to hurry up

 

[HockeyMomNH]

I can't beleive you still haven't heard - what day are you on now?

Day 47. :-(

 

[Bryan Burmeister]

Hi everyone!


This thread can be an invaluable tool for buyers looking for some help when researching the most up-to-date prices for DVC contracts on the resale market, so I encourage everyone to post their contracts when they are sent to Disney, no matter if they are big, small, or in-between !

If you would like me to post your details, PLEASE USE THE FOLLOWING LINK TO GENERATE YOUR DATA STRING OR I CANNOT ADD YOU (yes, I am being totally mean this round, as with all rounds!):

https://rofr.scubacat.net

Just plug in all of the relevant data and post the resulting string in its entirety.

*PLEASE join me in giving huge props to @ScubaCat who worked to develop this super useful tool!!!

If you would like to double-check your entries after using the tool, just know that I need your username at the front and all data in the following order:

DISname---Price per point-Total cost (Price per point x # of points + Maintenance Fees to be paid at closing + Closing fees)-# of points-Home resort-Use Year-# of points available first year (banked or not),# of points current year, # of points following year, and year after that, followed by Date Sent for ROFR.


Please include any other details such as whether the seller is splitting closing or paying current year's MFs. We assume that the buyer pays current year MF and closing, so no need to add those details in writing, only to the total amount.

Then come back and post whether you passed or not using the tool again so that your completed string looks like the sample below. Or I will chase you down! Just kidding. But, in the spirit of helping everyone who uses this thread as a resource, please do let us know whether or not Disney waived your contract so that the data is complete. Please do not simply post that you passed, as I cannot comb through the thread to find your contract.


Sample:

pangyal---$144-$33296-219-VGF-Aug-113/14, 219/15, 219/16, 219/17- sent 8/24, passed 9/16

Please note that I cannot add you if you are missing any of the above details or if your contract has not yet been sent.

Here is a link to old ROFR list threads:

January 2013 - June 2013 at the bottom of page 161
July 2013- December 2013 ROFR List
January 2014-June 2014 ROFR List
July 2014-December 2015 ROFR List
January 2015 - July 2015 ROFR List
September 2015- December 2015 ROFR List
January 2016- March 2016 ROFR List
April 2016- June 2016 ROFR List
July 2016- September 2016 ROFR List
October 2016- December 2016 ROFR List
January 2017- March 2017 ROFR List
April 2017- June 2017 ROFR List
July 2017- Sept 2017 ROFR List
October 2017- December 2017 ROFR List
January 2018- March 2018 ROFR List
April 2018- June 2018 ROFR List
July 2018- Sept 2018 ROFR List
Oct 2018- Dec 2018 ROFR List
Jan 2019- March 2019 ROFR List
April 2019- June 2019 ROFR List
July 2019- Sept 2019 ROFR List
Oct 2019- Dec 2019 ROFR List
January 2020- March 2020 ROFR List
April 2020- June 2020 ROFR List

Report Bryan Burmeister---$93-$21030-210-SSR-Oct-0/18, 0/19, 300/20, 210/21- sent 8/24

 

[Sparky984]

I agree. It 3 weeks for me to get closing docs once I passed ROFR

We are 2 weeks past ROFR and still waiting on closing documents from Mason.

 

[mmkmkmmf]

Report Bryan Burmeister---$93-$21030-210-SSR-Oct-0/18, 0/19, 300/20, 210/21- sent 8/24

mmkmkmmf---$130-$42014-300-BLT-Mar-129/19, 300/20, 300/21, 300/22- sent 8/3

 

[Red Dog Run]

Day 41Red Dog Run---OKW sent 7/21 for 70 pts March: Contacted the broker to see how much of a pause having to complete an addendum due to a clerical error on the contract created. Waiting. I know they are busy. I'm like a child before Christmas because this is the FIRST I have ever submitted. Worked extra tutoring hours for this purchase. A LOT of extra hours.

 

[Lorana]

We are 2 weeks past ROFR and still waiting on closing documents from Mason.

I am also 2 weeks past ROFR but am waiting on TRCS for closing documents.

I also used TRCS for a SSR contract that closed and had the deed recorded on 7/15/2020 that is still not appearing in my account (it’ll be 7 weeks on Wednesday since it closed).

 

[seashell46]

seashell46-$95-$15828-160-OKW (Extended 2057)-Dec-0/19,2/20/160/21-sent 8/06

 

[Perryo]

We finally closed on our BLT contract today (Aug 31st)!
The process started with our offer made way back on April 25th. Over 4 months to get this far. Now another 6 weeks or so for Disney to add it to our membership and finally post our points.

 

[macman123]

We finally closed on our BLT contract today (Aug 31st)!
The process started with our offer made way back on April 25th. Over 4 months to get this far. Now another 6 weeks or so for Disney to add it to our membership and finally post our points.

I feel your pain. I had an offer accepted mid April and took 4 months

 

[LadybugsMum]

Good luck! Disney has never ROFR Poly so it should just be a matter of time on this one.

Why is that?