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

[Lorana]

I can understand that. I prefer DLH which is why I only wanted a small contract that keeps me onsite until DLH is built. Maybe the prices will come down from the stratosphere somewhat when DLH is open.

If you decide to sell when DLH opens, let me know. ;-)

 

[kucanhead]

Lol I saw that contract this morning and my eyes bled for an hour! It does come with full set of banked 2019 and 2020 points.

Wow, I’m starting to feel like a got a bargain for my 120 pt contract that only cost $200/pt. There seem to be a lot more VGC contracts up for sale than in previous months, but the price is only going up.

 

[aimalynn1]

Let the waiting begin

Aimalynn1---$95-$15850-150-SSR-Feb-0/19, 150/20, 150/21, 150/22- sent 8/13

 

[Kickstart]

The agent who posted Thursday also said BLT.

I did not want to hear that... my BLT contract is in ROFR now, sent back on 7/30

 

[finchy3]

I've got VGC going through ROFR and my broker indicated that I didn't need any notary etc to purchase as an international buyer. Are you certain?

svc

For VGC dvc we had to get an apostle for our international sale.

 

[Wakey]

I've got VGC going through ROFR and my broker indicated that I didn't need any notary etc to purchase as an international buyer. Are you certain?

I heard if you are buying VGC from an international buyer then California requires an apostile for sale of its property. I’d double check as this is what I read unless they changed it.

 

[Jon84]

Update - we lost this contract!

So, we had passed ROFR on our SSR contract, Closing was underway, then, out of nowhere, our broker calls to let us know that upon completing the checks the Title Company has found out our seller has SOLD the contract (as well as the other our broker was selling) to their DAUGHTER, behind everyone's back and now won't return calls. Of course we'll get our Deposit back (less exchange rate differences). - Searching the Sellers (unique) last name on OC website confirms, and it seems they've been moving contracts around their family since 1994!

Thankfully DVC Store had a listing become available yesterday and after a call with Jerry we have submitted signed contracts and we're back in the game, be it 9 weeks behind schedule again!

Replacement contract now sent to ROFR

Jon84---$110-$12660-110-SSR-Feb-0/19, 110/20, 110/21, 110/22-seller pays MF '20- sent 8/14

 

[MICKIMINI]

MICKIMINI---$99-$11173-100-BRV@WL-Jun-0/19, 100/20, 100/21, 100/22- sent 6/16, passed 7/29

This contract closed officially on 8/11/2020 (Canadian seller) but it is still showing as "sale pending" on the broker website. There was a flurry of activity around the time I bought this contract and can only guess many of the "sale pending" listings are well past sold. If all the closed contracts were removed I wonder how many valid listings would remain? I agree with other posters, certain brokers remove listings quickly but not this broker.

I have another contract on the same website awaiting ROFR that shows "sale pending" and I expect (hope) will pass this week. I will follow to see how long that listing hangs around as well.

I personally think it is misleading to leave those listings way beyond when monies have changed hands. It is sold and the listing should be removed. IMO the only reason to leave it on a resale website is to make it seem busier than they actually are. Maybe resales are slowing down?

 

[Rustygirl84]

60 days and counting!!!!! Praying today is the day. We are almost 30 days past the closing date on my contract. Still waiting for ROFR! I am wondering if there is a problem with the points. There are full 2019 points and I asked the seller to bank 2020 points. Idk if I will be able to use the Feb. 2019 points since this is taking so darn long

 

[dfan_welcomehomeall_19]

I have a feeling (maybe just being optimistic) that today’s the day for the 7/8-7/14 pending ROFR’s to pass (atleast I hope ) Good Luck all! Hopefully that’s the case! If not, another day waiting is better than hearing it’s taken!

 

[dfan_welcomehomeall_19]

60 days and counting!!!!! Praying today is the day. We are almost 30 days past the closing date on my contract. Still waiting for ROFR! I am wondering if there is a problem with the points. There are full 2019 points and I asked the seller to bank 2020 points. Idk if I will be able to use the Feb. 2019 points since this is taking so darn long

This is horrible! Have you thought about backing out now that closing date has passed and starting over or are you too invested at this point? I know there have been delays but I’d be worried something is wrong at this point

 

[Rustygirl84]

This is horrible! Have you thought about backing out now that closing date has passed and starting over or are you too invested at this point? I know there have been delays but I’d be worried something is wrong at this point

yes I have thought about backing out but then that is starting back at the beginning. It just makes me angry because I really thought this process would go a little faster. I paid a little more for this contract because it was loaded with 2019 points. Now I am wishing that I would have just waited it out.....I will be really angry if they take it at this point!

 

[dfan_welcomehomeall_19]

yes I have thought about backing out but then that is starting back at the beginning. It just makes me angry because I really thought this process would go a little faster. I paid a little more for this contract because it was loaded with 2019 points. Now I am wishing that I would have just waited it out.....I will be really angry if they take it at this point!

Makes sense. Definately a catch 22. Good luck ! I think we’re all pulling for you on this thread!

 

[jbreen2010]

60 days and counting!!!!! Praying today is the day. We are almost 30 days past the closing date on my contract. Still waiting for ROFR! I am wondering if there is a problem with the points. There are full 2019 points and I asked the seller to bank 2020 points. Idk if I will be able to use the Feb. 2019 points since this is taking so darn long

I would call your broker and have them call DVC. This doesn't make sense. I thought DVC reviews ROFR in chronological order of when received. 60 days doesn't seem to make sense.

 

[ohmyminnie]

60 days and counting!!!!! Praying today is the day. We are almost 30 days past the closing date on my contract. Still waiting for ROFR! I am wondering if there is a problem with the points. There are full 2019 points and I asked the seller to bank 2020 points. Idk if I will be able to use the Feb. 2019 points since this is taking so darn long

This is awful! I hope you hear something soon! What does the broker say?

 

[Rustygirl84]

This is awful! I hope you hear something soon! What does the broker say?

the broker just says that Disney is delayed. I don’t think I will use this broker again. My other contract passed ROFR in 31 days during this time. I am emailing the broker again today.

 

[ohmyminnie]

the broker just says that Disney is delayed. I don’t think I will use this broker again. My other contract passed ROFR in 31 days during this time. I am emailing the broker again today.

So sorry! We are in the process of our first resale contract and the ROFR took 36 days. Now to wait for the closing documents--8 days and counting.

 

[Liquidice]

the broker just says that Disney is delayed. I don’t think I will use this broker again. My other contract passed ROFR in 31 days during this time. I am emailing the broker again today.

Would you mind sharing which broker? Useful info for any of us who are planning to put an offer on contracts.

 

[poofyo101]

60 days and counting!!!!! Praying today is the day. We are almost 30 days past the closing date on my contract. Still waiting for ROFR! I am wondering if there is a problem with the points. There are full 2019 points and I asked the seller to bank 2020 points. Idk if I will be able to use the Feb. 2019 points since this is taking so darn long

Did you ask the seller to bank the points prior to ROFR or while it was in ROFR? If during ROFR then it requires an addendum and will slow down the process.

 

[Rustygirl84]

Did you ask the seller to bank the points prior to ROFR or while it was in ROFR? If during ROFR then it requires an addendum and will slow down the process.

it was before ROFR.