ROFR Thread July to Sept 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

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DKZB

Registered
Joined
Aug 24, 2021
DKZB---$120-$48000-400-SSR-Dec-0/19, 0/20, 800/21, 400/22-Sllr pay 21 & Closing Cost- sent 9/9 - cancelled 9/17

Think this was a great deal but we decided we didn't want a single 400 point contract. For those of you out there who would be interested I imagine it will go back up shortly.
 

perchy

Mouseketeer
Joined
Aug 29, 2008
weatherman---$175-$18647-100-PVB-Jun-0/20, 74/21, 100/22, 100/23- sent 8/16, passed 9/15

Heck yes! And once again, estoppel came through with the ROFR waiver, hopefully leading to a quicker closing.

It's been a long road, but it's so exciting to see the light (and the castle) at the end of our DVC resale journey. Thanks so much to you all for the info, insight, and positive energy!
What is is ROFR waiver? I need one! lol
 

Amyeliza

Mouseketeer
Joined
Mar 10, 2021
Just curious, if you buy Animal Kingdom, is it for both the village and the lodge? Or is it for one or the other?

Also, if a property is subsidized, what does that mean? That the dues are paid for by the seller?
 

Jimmy Geppetto

Mouseketeer
Joined
Sep 4, 2021
Just curious, if you buy Animal Kingdom, is it for both the village and the lodge? Or is it for one or the other?

Also, if a property is subsidized, what does that mean? That the dues are paid for by the seller?
yes you get access to both at AK.

Subsidized dues are just lower annual dues that were rewarded to some contract owners back in the past. It just means lower annual dues for the life of the contract.
 

Sandisw

DVC Forums
Moderator
Joined
Nov 15, 2008
Just curious, if you buy Animal Kingdom, is it for both the village and the lodge? Or is it for one or the other?

Also, if a property is subsidized, what does that mean? That the dues are paid for by the seller?
You will be deeded to one or the other. But, they are part of the same condo association and therefore, owners of both get the 11 month advantage at either one.

Both VB and AUL have contracts that have subsidized dues. The reasons are different. For VB, it was originally going to be much larger and then the Plan changed. At that point, owners were given the subsidy to offset the increase in dues because of the change of plans.

Any contract bought with that, remains that way. For AUL, people messed up at the high levels of projected dues wrong…something to that effect…and those that already owned receive it to offset that huge error on the part of DVD.
 

Sunnyore

Mouseketeer
Joined
Oct 11, 2020
So how many contracts do you lose to ROFR before you stop trying and think maybe it wasn’t meant to be? Lol. Just had our third OKW taken yesterday. :(
I know I wouldn’t be able to handle going through the long process over and over again and end up with nothing, so I’m okay with bidding higher to make sure I’m safe from ROFR. It’s really comes down to what you’re comfortable to paying. Some only want a good deal and think bidding is fun. I want my points and still save some $$ over direct.
 

D-Trick

Go Raiders.
Joined
Feb 15, 2017
So how many contracts do you lose to ROFR before you stop trying and think maybe it wasn’t meant to be? Lol. Just had our third OKW taken yesterday. :(
Sorry to hear. I see your offers of 112, 108, 109.

After my first contract was taken in 2017, I decided I rather pay a higher asking (above avg) for what I want, because at least I'd have more confidence of it passing ROFR. Next one passed and four years later I don't regret it one bit.
 
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sgricewich

Earning My Ears
Joined
Jul 20, 2021
Sorry to hear. I see your offers of 112, 108, 109.

After my first contract was taken in 2017, I decided I rather pay a higher asking (above avg) for what I want, because at least I'd have more confidence of it passing ROFR. Next one passed and four years later I don't regret it one bit.
Yes, all contracts have been asking price or $1-2 under. So we should offer more than the asking price? I didn’t realize this was even a thing. Example, there’s a contract we’re looking at for $117pp. Offer more than that?
 

D-Trick

Go Raiders.
Joined
Feb 15, 2017
Yes, all contracts have been asking price or $1-2 under. So we should offer more than the asking price? I didn’t realize this was even a thing. Example, there’s a contract we’re looking at for $117pp. Offer more than that?
I wouldn't advise offering more than asking, but that's not to say you can't. But considering you are about to try again for a 4th attempt, I'd be willing to pay more.

What I meant in my first reply was to make a full offer on a listing with an asking price a little higher than average. Congrats to my seller(s); all it takes is one person to bite the bait and that person is me lol.

Obviously it's up to you and your family with what you're comfortable with, but if there's a listing asking for more than avg, consider it.

You may feel you're offering too much for a contract today, but years from now you'll be happy you did. People talk about bubbles bursting or economies crashing-- I'm no economist but everything just keeps going up.

Good luck!
 

Sunnyore

Mouseketeer
Joined
Oct 11, 2020
Yes, all contracts have been asking price or $1-2 under. So we should offer more than the asking price? I didn’t realize this was even a thing. Example, there’s a contract we’re looking at for $117pp. Offer more than that?
If you look at the first page of this thread, you can get an idea of what’s been passing and what’s been taken. For OKW it looks like you have a better chance if price is over $120pp. Someone mentioned all uy for OKW right now have waitlists so the ROFR monster might be more hungry for OKW at the moment.
 

jbreen2010

Mouseketeer
Joined
May 19, 2020
So how many contracts do you lose to ROFR before you stop trying and think maybe it wasn’t meant to be? Lol. Just had our third OKW taken yesterday. :(
im sorry you had 3 taken! That stinks!!

when making an offer if it is way too good to be true, Disney will certainly swoop in. If the going rate for contracts ROFRd are $120, I would consider making an offer on one around then…or if you’re really trying to have it pass, go $121 or $122. Also I would assume if the deal says seller pays maintenance fees, just be aware I would think that is also interesting to Disney - they can buy the points free of maintenance fees for that year.
 
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