ROFR Exercised/Passed

[SmithOp]

I was the winning bidder on 25,200 points, platinum, for a mere $10,000. I am assuming Hilton will exercise ROR, this deal is too good. But given the Covid 19 pandemic Hilton may be conserving cash.

Wow, great purchase, congrats. Hope it goes through for you.

I don’t see that on the points chart though, is it 2 deeds of 2br plus (12,600 x 2)? The highest listed is 3BR Premier Platinum at 23,000 points.


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[MrPipman]

Wow, great purchase, congrats. Hope it goes through for you.

I don’t see that on the points chart though, is it 2 deeds of 2br plus (12,600 x 2)? The highest listed is 3BR Premier Platinum at 23,000 points.


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yes 2 deeds at 12,600

 

[CalGalTraveler]

Congrats! That's a lot of points. What do you plan to do with them?

 

[Nocdavis]

Have agreement/contract on 16,800 annual points at Kohala Suites for $7,400 MF of $3,409.68. It's two 2bdrm plus on one deed.

I'm jealous of that Kings Land deal above

 

[MrPipman]

Congrats! That's a lot of points. What do you plan to do with them?

We Live on Oahu on the windward side, my wife and I love to spend time at the Hilton Hawaiian Village, this will give us 18 nights in the Lagoon Tower 2 bedroom ocean front unit.

 

[Nocdavis]

ROFR was waived. Input on ROFR.net. Relevant details:

16,800 points at Kohala Suites purchased for $7,400 through Diane Nadeau . MF $3,410. Two 2Bdrm plus platinum season on one deed.

 

[tombanjo]

that's a bargain - congrats on such a deal.

 

[MrPipman]

ROFR was waived. Input on ROFR.net. Relevant details:

16,800 points at Kohala Suites purchased for $7,400 through Diane Nadeau . MF $3,410. Two 2Bdrm plus platinum season on one deed.

View attachment 19619

Congratulations, I hope my purchase is waive as well

 

[Nocdavis]

Congratulations, I hope my purchase is waive as well

Just signed all the closing docs yesterday.


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[bigrockstar]

ROFR Waved! Added info to rofr.net

Hilton Grand Vacations Club at SeaWorld
2 Bedroom, Platinum Season, Annual, 7000 Pts.
Accepted offer of $3,995
MF $1,240.99
Purchased through Jessica O'Daniel, of Redbud Timeshare Realty, Inc.

Sold with this year's points unused and MF's up to date! I feel very fortunate.

 

[Smclaugh99]

ROFR Waved! Added info to rofr.net

Hilton Grand Vacations Club at SeaWorld
2 Bedroom, Platinum Season, Annual, 7000 Pts.
Accepted offer of $3,995
MF $1,240.99
Purchased through Jessica O'Daniel, of Redbud Timeshare Realty, Inc.

Sold with this year's points unused and MF's up to date! I feel very fortunate.

Congrats! That’s a great price. I got same SeaWorld Platinum 7k for $4000 on EBay. I’ve been very happy owning there.

Sean

 

[Smclaugh99]

I bought West 57 Gold Studio (3750), Biennial (odd years) on EBay early March for $1025 (not including closing/transfer fees which will be billed at closing). ROFR waived last week - I think it took longer due to Covid.

I was pleased to see that they had W57 EOY - not sure when they began selling those. I will add this to my existing annual 3750 pts to boost up the bHC pool, so 7500 every other year (though double MF those years).

Sean

 

[Smclaugh99]

Just got word this week that ROFR waived on another EBay purchase. I bought 1BR Premier gold week, 8700 points at The Residences for $3250. Price submitted to HGVC was $4174 (included closing and transfer fees). MF are pricey there. I’m hoping to use it as a trade-in along with a gold week at W57 to get into The Quin at some future “owner update”.

Sean

 

[tombanjo]

damn thats a good price. Any upgrade is going to require "new money" but what you are bringing to the table has a really high list price, so there may be value in trading in for a platinum spot at the quin. What you saved in resale prices, would make me ok with dropping$20k to get a higher point package with lower MF

https://club.hiltongrandvacations.com/en/resort/new-york/the-quin-central-park-by-hilton-club

 

[Smclaugh99]

Just got word this week that ROFR waived on another EBay purchase. I bought 1BR Premier gold week, 8700 points at The Residences for $3250. Price submitted to HGVC was $4174 (included closing and transfer fees). MF are pricey there. I’m hoping to use it as a trade-in along with a gold week at W57 to get into The Quin at some future “owner update”.

Sean

Interesting update on the speed of this purchase. I won the EBay auction on May 4th and emailed my paperwork about 2 days later. We cleared ROFR on May 14th. I FedEx’d my notarized NY documents on May 18th (2day delivery) and just for fun, searched ACRIS (NY website to find deeds and other documents) and saw that it was already recorded on May 27th. Now, just waiting for Hilton to recognize it. The swiftness (to get from purchase to recorded deed in 23 days) has been most impressive.

 

[Sandy VDH]

As I said in the TUG talk that we had back over a month ago. I, along with others, predicted the ROFR funds would dry up and HGVC would be letting offers get accept buy now if you want something. And low ball. If you are selling and NOT desperate, hold one until next year.

 

[jabberwocky]

Just heard back from the closing company on a 2BR Plat at the BLVD in LV (7000 points). We've cleared ROFR!

Purchase Price: $1500
Closing/resort transfer/estoppel fees paid by buyer (includes title insurance): $1194
Total submitted for ROFR: $2694
Club activation and membership fee will be billed later.

I've been watching HGVC for awhile and this was an opportunity to get in at a fantastic price. Looks like they are waiving pretty much everything right now.

Timeline:
Offer accepted: May 21
Contracts signed: May 22-25
Contract send to closing agent: May 26
ROFR submitted: May 27
ROFR waived: June 3

 

[natarajanv]

Just heard back from the closing company on a 2BR Plat at the BLVD in LV (7000 points). We've cleared ROFR!

Purchase Price: $1500

That is a great price for the Boulevard property! Enjoy.

 

[CalGalTraveler]

@jabberwocky Wow, that's a fantastic price for a great unit. Please don't forget to update ROFR.net if you haven't already with your $2694 price.

Where did you find this deal?

 

[jabberwocky]

@jabberwocky Wow, that's a fantastic price for a great unit. Please don't forget to update ROFR.net if you haven't already with your $2694 price.

Where did you find this deal?

It was a RedWeek full-service listing. I paid the asking price as it was more than reasonable and I wasn't sure that it would pass ROFR. I thought it must have been a mistake, but the estoppel seemed to be in order. I must say that the RedWeek agent we've worked with has been excellent (estoppel was received within two hours of me requesting it).

ROFR.net has been updated.

 

[Yellowfin]

Just heard back from the closing company on a 2BR Plat at the BLVD in LV (7000 points). We've cleared ROFR!

Purchase Price: $1500
Closing/resort transfer/estoppel fees paid by buyer (includes title insurance): $1194
Total submitted for ROFR: $2694
Club activation and membership fee will be billed later.

I've been watching HGVC for awhile and this was an opportunity to get in at a fantastic price. Looks like they are waiving pretty much everything right now.

Timeline:
Offer accepted: May 21
Contracts signed: May 22-25
Contract send to closing agent: May 26
ROFR submitted: May 27
ROFR waived: June 3

congrats!!!

 

[dayooper]

Just heard back from the closing company on a 2BR Plat at the BLVD in LV (7000 points). We've cleared ROFR!

Purchase Price: $1500
Closing/resort transfer/estoppel fees paid by buyer (includes title insurance): $1194
Total submitted for ROFR: $2694
Club activation and membership fee will be billed later.

I've been watching HGVC for awhile and this was an opportunity to get in at a fantastic price. Looks like they are waiving pretty much everything right now.

Timeline:
Offer accepted: May 21
Contracts signed: May 22-25
Contract send to closing agent: May 26
ROFR submitted: May 27
ROFR waived: June 3

Nice!!!!!!

 

[HDiaz1]

Just heard back from the closing company on a 2BR Plat at the BLVD in LV (7000 points). We've cleared ROFR!

Purchase Price: $1500
Closing/resort transfer/estoppel fees paid by buyer (includes title insurance): $1194
Total submitted for ROFR: $2694
Club activation and membership fee will be billed later.

I've been watching HGVC for awhile and this was an opportunity to get in at a fantastic price. Looks like they are waiving pretty much everything right now.

Timeline:
Offer accepted: May 21
Contracts signed: May 22-25
Contract send to closing agent: May 26
ROFR submitted: May 27
ROFR waived: June 3

You beat me to it! I made an inquiry on Redweek when I saw this and I was told someone else had already taken it. Congrats and enjoy!

 

[jabberwocky]

You beat me to it! I made an inquiry on Redweek when I saw this and I was told someone else had already taken it. Congrats and enjoy!

Then I'm glad I didn't hesitate too long! I have a feeling there will be other good deals coming up later this year.

Considering our presentation on a recent promo package they wanted us to buy 14,400 for over $130k, this is a steal. I just can't wait to show this to the salesperson when he tells me that they always buy all resales with ROFR.

 

[BK2019]

Cleared ROFR

2BR Plat at HGV on Paradise in Las Vegas 7000 points

Total submitted for ROFR: $4049

I've added it to ROFR.net

Timeline:
ROFR submitted: May 20
ROFR waived: June 1