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ROFR Exercised/Passed

SmithOp

TUG Member
Joined
Jun 17, 2010
Messages
5,665
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1,396
Points
449
Location
Costa Mesa, CA
Resorts Owned
HGVC King's Land 2BR Premier 14.4K Points.
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.


Sent from my iPad using Tapatalk Pro
 

MrPipman

Guest
Joined
Jan 22, 2019
Messages
9
Reaction score
5
Points
14
Resorts Owned
Bay Club and King's Land
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.


Sent from my iPad using Tapatalk Pro
yes 2 deeds at 12,600
 

Nocdavis

Guest
Joined
Apr 17, 2020
Messages
9
Reaction score
9
Points
3
Resorts Owned
HGVC Kohala Suites
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

Guest
Joined
Jan 22, 2019
Messages
9
Reaction score
5
Points
14
Resorts Owned
Bay Club and King's Land
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

Guest
Joined
Apr 17, 2020
Messages
9
Reaction score
9
Points
3
Resorts Owned
HGVC Kohala Suites
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.

1587736938910.png
 

bigrockstar

TUG Member
Joined
Apr 3, 2020
Messages
13
Reaction score
15
Points
53
Resorts Owned
Hilton Grand Vacation Club at SeaWorld
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

TUG Member
Joined
Jul 31, 2018
Messages
85
Reaction score
34
Points
79
Resorts Owned
HGVC Hilton Club
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

TUG Member
Joined
Jul 31, 2018
Messages
85
Reaction score
34
Points
79
Resorts Owned
HGVC Hilton Club
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

TUG Member
Joined
Jul 31, 2018
Messages
85
Reaction score
34
Points
79
Resorts Owned
HGVC Hilton Club
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

TUG Member
Joined
Aug 18, 2018
Messages
292
Reaction score
219
Points
104
Resorts Owned
HCNY

Smclaugh99

TUG Member
Joined
Jul 31, 2018
Messages
85
Reaction score
34
Points
79
Resorts Owned
HGVC Hilton Club
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

TUG Review Crew: Elite
TUG Member
Joined
Jun 6, 2005
Messages
7,377
Reaction score
1,842
Points
448
Location
Houston, TX
Resorts Owned
Wynd VIP Plat, HGVC Elite, HICV, + few others
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.
 
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jabberwocky

TUG Member
Joined
Apr 30, 2016
Messages
700
Reaction score
413
Points
123
Location
Canada
Resorts Owned
SVR, SDO, WKORV-N, Westin Flex, HGVC (BLVD)
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
 

CalGalTraveler

TUG Member
Joined
Dec 21, 2014
Messages
5,333
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4,049
Points
398
Location
California
@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

TUG Member
Joined
Apr 30, 2016
Messages
700
Reaction score
413
Points
123
Location
Canada
Resorts Owned
SVR, SDO, WKORV-N, Westin Flex, HGVC (BLVD)
@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

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Dec 4, 2018
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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

TUG Member
Joined
Apr 14, 2018
Messages
1,569
Reaction score
1,103
Points
224
Location
The Land of Ice and Snow
Resorts Owned
HGVC at The Flamingo
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

TUG Member
Joined
Jul 8, 2019
Messages
87
Reaction score
57
Points
79
Resorts Owned
Wyndham Panama City Beach & Wyndham Bali Hai Villas.
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

TUG Member
Joined
Apr 30, 2016
Messages
700
Reaction score
413
Points
123
Location
Canada
Resorts Owned
SVR, SDO, WKORV-N, Westin Flex, HGVC (BLVD)
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! :geek: 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

TUG Member
Joined
Oct 28, 2019
Messages
34
Reaction score
23
Points
58
Location
California
Resorts Owned
Saratoga Springs
HGVC Paradise
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
 
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