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Right of first refusal

Bill8777

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I just purchased a timeshare on eBay for 1$ but the resort has ROFR. It was at vacation village in Kissimmee. Any idea what the chance are it till go through. I didn’t know about this website when I bid and I see a lot on here for a few hundred which I think would be more likely to go through.
thanks
 

DeniseM

Moderator
Joined
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Location
Northern, CA
Resorts Owned
WKORV, WKV, SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim) NEW: 2 Lawa'i Beach Resort!
We need to know exactly what you bought to be accurate, but in most cases, Florida is over-built with timeshares, and they aren't looking to take any back.
 

HudsHut

TUG Review Crew
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It is almost certain it will go through. I doubt Vacation Village is taking back any weeks/points.
 

Bill8777

TUG Member
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We need to know exactly what you bought to be accurate, but in most cases, Florida is over-built with timeshares, and they aren't looking to take any back.
That’s so surprising. It was a 2 bedroom 92,500 points. Maintenance fees are about 1000. .

 

Ski-Dad

TUG Member
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May 18, 2019
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Location
Atlantic Canada
Resorts Owned
Sheraton Desert Oasis
Grandview LV - Vacation Villages
I would be very surprised if they exercised ROFR. I haven't heard of ROFR being exercised by Vacation Village.
 

dioxide45

TUG Review Crew: Expert
TUG Lifetime Member
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May 20, 2006
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Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
I don't know if RCI points even has any value to the developer. They resell the week as they resell any other week. Isn't RCI points something that a buyer usually adds on later?
 

Bill8777

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I don't know if RCI points even has any value to the developer. They resell the week as they resell any other week. Isn't RCI points something that a buyer usually adds on later?
Im not sure. Im a newbie. My mom had timeshares but she passed away but she loved them and I just thought this was a way to travel with my family or friends.
 
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