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ROFR Time

Discussion in 'Hilton Grand Vacations Club / HGVC' started by MrDavch, Dec 4, 2018.

  1. MrDavch

    MrDavch Guest

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    I just agreed and signed all paperwork on my first purchase into HGVC. Was wondering if anyone knows how long the ROFR process is taking at this time.

    I’ve read they have 30 days to exercise their option. Just curious if it comes back sooner or do they take the whole 30 days.

    I hope it goes through. I heard I’m getting a really good deal.
     
  2. GT75

    GT75 Moderator

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    I would plan on the waiting the full 30 days during the holiday/end of year.
     
  3. Finsadbel

    Finsadbel Guest

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    We got a reply in about 14 days. Up to the resort unfortunately.........
     
  4. MrDavch

    MrDavch Guest

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    That would be great if it came back that fast and that they were passing on it.
     
  5. Hsahota1

    Hsahota1 TUG Member

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    I had to wait a full 30 days
     
  6. Jadida5

    Jadida5 Guest

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    I signed a contract for a south beach property 11/20. I got notice today, dec 4th, that Hilton exercised their right of first refusal. Good luck with yours.
     
  7. MrDavch

    MrDavch Guest

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    What were the terms to yours?
     
  8. Talent312

    Talent312 Tug Review Crew: Rookie TUG Member

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    Location:
    North Florida
    Resorts Owned:
    HGVC x2 and Gatlinburg Town Square
    Not the resort, but rather bean-counters at the HGVC's corporate office in Orlando.
    They plug it into a machine which chugs+beeps, lights flash, and 2-4 weeks later...
    .
     
  9. Jadida5

    Jadida5 Guest

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    $99 purchase price and reimbursement of 2018 mf.
     
  10. MrDavch

    MrDavch Guest

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    How many points?

    I’m closing on 7000 points gold season $3000 @ the boulevard
     
  11. Panina

    Panina TUG Review Crew: Expert TUG Member

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    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    Actual surprised about that as I haven’t seen it have any resale value in a long time. I see from another thread post it was for 3400 points. I recently gifted mine and it went thru. I had to sign an affidavit it was a gift which it was since I received no money. You might be able to find someone thru tug if you place a want ad in the tug marketplace that is looking to find a new home for it as they no longer use it and will gift it to you.

    Keep trying you should be able to get 3400 points for free.
     
    Jadida5 likes this.
  12. Jadida5

    Jadida5 Guest

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    3400 annual points in gold season. They will probably like your purchase price. I think mine was to low for them.
     
  13. Hsahota1

    Hsahota1 TUG Member

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    Isn't 7000 points Platinum?
     
  14. MrDavch

    MrDavch Guest

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    It’s a 3 bedroom gold
     

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