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

[DisneyFan5404]

I'm waiting on a BWV, as well. Here's hoping both of ours pass!

Best of luck to you too! This is our first resale. We have owned at OKW since 1997. We still love it there (especially since we can always get a Grand Villa) but now that the kids are grown my husband and I love staying at the Boardwalk in the fall too.

 

[Ruttangel]

TAKEN 8/28

Like a phoenix from the flames, I’ve risen from the ashes to go again. This one looks cheap but has insane closing/admin fees. Took a risk on this, wish me luck. I’m thinking 80% chance it gets taken.

Ruttangel---$100-$8490-70-BWV-Mar-0/19, 0/20, 70/21, 70/22- sent 9/2

 

[Wedgeout]

Like a phoenix from the flames, I’ve risen from the ashes to go again. This one looks cheap but has insane closing/admin fees. Took a risk on this, wish me luck. I’m thinking 80% chance it gets taken.

Ruttangel---$100-$8498-70-BWV-Mar-0/19, 0/20, 70/21, 70/22- sent 9/2

Going in HOT,,Nice!!

 

[TTA Rider Matt]

Like a phoenix from the flames, I’ve risen from the ashes to go again. This one looks cheap but has insane closing/admin fees. Took a risk on this, wish me luck. I’m thinking 80% chance it gets taken.

Ruttangel---$100-$8498-70-BWV-Mar-0/19, 0/20, 70/21, 70/22- sent 9/2

Wow, that's some price!!! I hope it works out for you!

 

[benedib99]

strumy---$140-$23940-160-VGF-Apr-0/19, 211/20, 160/21, 160/22- sent 8/7

That is a FANTASTIC price!!

 

[Royal Consort]

That is a FANTASTIC price!!

Certainly is. I would fear it may be headed for the 'taken' section.

 

[TTA Rider Matt]

Like a phoenix from the flames, I’ve risen from the ashes to go again. This one looks cheap but has insane closing/admin fees. Took a risk on this, wish me luck. I’m thinking 80% chance it gets taken.

Ruttangel---$100-$8498-70-BWV-Mar-0/19, 0/20, 70/21, 70/22- sent 9/2

What kind of closing/admin fees are you referring to? Aside from the ~$500 for closing costs, where is the other $998 coming from since you shouldn't be paying any 2020 dues?

 

[strumy]

Certainly is. I would fear it may be headed for the 'taken' section.

I have to think you are right. We are prepared for disappointment but hoping they pass on it with all of the cash burn right now.

 

[JillianLeigh]

Our first DVC!! My husband suggested we buy into DVC for our 10th anniversary. He's not as Disney crazy as I am, so I was totally surprised!! We have a trip planned for this November, and then a Disney Cruise booked for Dec 2021 (rebooked from June 2020) so we don't mind not getting points until Feb 2022 since that most likely will be the next trip we'll plan.

JillianLeigh---$99-$12470-120-SSR-Feb-0/19, 0/20, 0/21, 120/22- sent 9/2

 

[CastAStone]

Like a phoenix from the flames, I’ve risen from the ashes to go again. This one looks cheap but has insane closing/admin fees. Took a risk on this, wish me luck. I’m thinking 80% chance it gets taken.

Ruttangel---$100-$8498-70-BWV-Mar-0/19, 0/20, 70/21, 70/22- sent 9/2

What kind of closing/admin fees are you referring to? Aside from the ~$500 for closing costs, where is the other $998 coming from since you shouldn't be paying any 2020 dues?

@Ruttangel am I correct that this is from a timeshare advertising agency that doesn’t specialize in DVC specifically as opposed to a DVC broker? That would explain the fees...

It’s effectively $114/point once you account for the non-standard fees, so I actually think you have a fighting chance in ROFR. Good luck!

 

[Ruttangel]

What kind of closing/admin fees are you referring to? Aside from the ~$500 for closing costs, where is the other $998 coming from since you shouldn't be paying any 2020 dues?

Yes, I’m getting hammered on fees
$990.80 closing costs
$349 admin fee for contract processing
$150 DVC transfer fee
$1,489.80 total.


But the listing was up for $130a pt so to counter this we settled at $100a pt.

 

[Ruttangel]

@Ruttangel am I correct that this is from a timeshare advertising agency that doesn’t specialize in DVC specifically as opposed to a DVC broker? That would explain the fees...

It’s effectively $114/point once you account for the non-standard fees, so I actually think you have a fighting chance in ROFR. Good luck!

You are correct it is a non-DVC agency,
I calculated that I shouldn’t offer more than $100 once the fees were factored in, what do I have to lose, other than 3 more months of my life!

 

[Ruttangel]

Thanks...
I figure I'll hear something next week, or the week after. I'm definitely worried about passing.

I’m hoping you hear good news soon!

 

[sbarisch]

Best of luck to you too! This is our first resale. We have owned at OKW since 1997. We still love it there (especially since we can always get a Grand Villa) but now that the kids are grown my husband and I love staying at the Boardwalk in the fall too.

Thanks! This is actually our first DVC purchase attempt. We look forward to trying out as many resorts as possible. We love EPCOT though so wanted to have that 11 mo booking window to be able to stay within walking. I don't believe I've seen any BWV taken - at least while I've been watching - so hoping no one wants to purchase it direct from Disney!

 

[Ruttangel]

I don't believe I've seen any BWV taken - at least while I've been watching

Mine was on 8/28, the front page just needs updating

 

[TTA Rider Matt]

Yes, I’m getting hammered on fees
$990.80 closing costs
$349 admin fee for contract processing
$150 DVC transfer fee
$1,489.80 total.


But the listing was up for $130a pt so to counter this we settled at $100a pt.

So, if Disney wants to buy it back, they would have to pay all of those fees instead? Or do they just pay the price per point plus closing? Either way, even if you get it at what is essentially $114 a point for 70 points, I paid $140 for 50 (which I was happy to do as it was my UY and also served my immediate needs for next summer with banked points). I hope it works out for you! BWV is just behind BCV as my favorite DVC resort I've stayed at!

 

[Ruttangel]

So, if Disney wants to buy it back, they would have to pay all of those fees instead? Or do they just pay the price per point plus closing? Either way, even if you get it at what is essentially $114 a point for 70 points, I paid $140 for 50 (which I was happy to do as it was my UY and also served my immediate needs for next summer with banked points). I hope it works out for you! BWV is just behind BCV as my favorite DVC resort I've stayed at!

I believe they have to become the buyer with same terms in the contract as current buyer. But someone more experienced may confirm.

....and yes price seems ok, AKV is my favourite but after staying at YC I loved walking to 2 parks especially as these parks are better for our family now children are 18+16

 

[jbreen2010]

I believe they have to become the buyer with same terms in the contract as current buyer. But someone more experienced may confirm.

....and yes price seems ok, AKV is my favourite but after staying at YC I loved walking to 2 parks especially as these parks are better for our family now children are 18+16

I think your right. if disney exercises ROFR, they essentially step into the shoes of the buyer, so presumably they would be paying all of the fees as well.

 

[TTA Rider Matt]

I think your right. if disney exercises ROFR, they essentially step into the shoes of the buyer, so presumably they would be paying all of the fees as well.

If that is the case, it certainly cuts down on Disney's potential profit if they were to buy it back. Plus, many of the buybacks I have seen have been for more points. I keep saying, just leave us little guys alone!

 

[jbreen2010]

If that is the case, it certainly cuts down on Disney's potential profit if they were to buy it back. Plus, many of the buybacks I have seen have been for more points. I keep saying, just leave us little guys alone!

Couldn't agree more. We are potential new DVC members here...our first SSR offer was taken up by ROFR back in August, so we are now like 22 days in the waiting on another offer. I've tried to read every blog and run through every scenario and I really can't find any logic on the buy back. I think it's really just if they need shares on that day. When our offer got taken through ROFR, we weren't even the cheapest $$ per point in a two week stretch. I am picturing some boss walking in the room and just saying to whomever is processing these "buy 400 points today" and they take whatever is sitting on the top of their desk. They're a multi billion dollar company, so i'm sure a few hundred extra dollars in fees or what not isn't even on their radar and will just operate in a "just-in-time" situation in looking for points.