ROFR Exercised/Passed

[Magus]

Dang. I thought I was going crazy with my purchases. How many points are you at and how long did this most recent ROFR submission take?

I'm still waiting to hear back on my Boulevard 1BR+ 6200 pt EOY.

I'll have 47,800 annual points in Odd years and 40,600 in even years and unless something unbelievable comes up, I am definitely done, at least until I can retire in my upper 40s. Avg annual MF is ~$0.12/pt. The King's Land one was 3 weeks for ROFR.

 

[GT75]

I'll have 47,800 annual points in Odd years and 40,600 in even years and unless something unbelievable comes up, I am definitely done, at least until I can retire in my upper 40s. Avg annual MF is ~$0.12/pt. The King's Land one was 3 weeks for ROFR.

That is super impressive. You must have taken the MFs/point ratio spreadsheet and purchased all of the units with the best ratios. Congratulations on some wonderful purchases.

 

[BingoBangoBongo]

I'll have 47,800 annual points in Odd years and 40,600 in even years and unless something unbelievable comes up, I am definitely done, at least until I can retire in my upper 40s. Avg annual MF is ~$0.12/pt. The King's Land one was 3 weeks for ROFR.

You put together a great portfolio of deeds with an awesome MF ratio. The two deeds I closed on earlier this year are at around $.123/pt and I’ll end up with an average of 13,300 points per year. Longer term I can see the need for more, but it’s a bit early for us and I’ll probably just try to buy points from other owners if I need them.

 

[Msb1102]

I'll have 47,800 annual points in Odd years and 40,600 in even years and unless something unbelievable comes up, I am definitely done, at least until I can retire in my upper 40s. Avg annual MF is ~$0.12/pt. The King's Land one was 3 weeks for ROFR.

That's a lot of points and vacations (and planning) that you have ahead of you...

Or you could blow it all on an annual trip to Barbados

 

[Msb1102]

*Edit* Heard back from broker this morning that Hilton waived ROFR and also logged into HGVC account this morning and found that 2021 points are in place and everything looks like it should. Pretty amazing. eBay purchase fully completed in less than 25 days. *Edit*

EOY Boulevard 1BR Penthouse 6200 points. $1850 (included 2021 MF/points and closing). Apparently passed.

Some weirdness though. Purchased on ebay and paid on 2/15. Noticed I was locked out of my account this morning. Said my account was not tied to contract. Noticed a similar error posted by @Panina a few years back but assumed it was was too soon to transfer. Called HGVC and they stated that no email was tied to account but re-added for me.

After getting signed back in and didn't notice anything at changed at first so ended call. After digging a bit deeper, I noticed under the manage ownership tab > view HOA information that the Boulevard contract was added. Didn't find any references to anywhere else, no points, no homeweek info, nothing else.

Checked Henderson recorder website and found that it was recorded in our name 10 days after purchase. So from payment/purchase to showing in account in less than 30 days. Doesn't feel right but I've reached out to broker to confirm. Hopefully points load soon.

 

[ijkim1127]

My recent two resale purchases through Judi:

1.
HGVC on the Boulevard: 1 br plus, platinum, annual
Original Purchase price by previous owner: $33,860
MF/points: $647.42 /6200 pts = 0.104
Price/points: $3,000/6200 pts/ = 0.484
Submitted to HGVC for estoppel/waiver: 12/21/20
Returned with estoppel/ROFR waiver: 12/28/20
Submitted to HGVC for transfer: 12/31/20
Transfer completed: 01/11/21

2.
HGVC on the Boulevard: 2 br plus, platinum, annual
Original Purchase price by previous owner: $55,990
MF/points: $899.23 /8400 pts = 0.107
Price/points: $6,000/8400 pts/ = 0.714
Submitted to HGVC for estoppel/waiver: 01/04/21
Returned with estoppel/ROFR waiver: 01/19/21
Submitted to HGVC for transfer: 02/02/21
Transfer completed: 02/25/21

----------------------------------------
Fees have increased slightly.

Waiver/Estoppel fee to HGVC
2020: $70
2021: $79

Transfer fee to HGVC
2020: $420
2021: $429

Broker fee (Judi Kozlowski/Timeshare Resale Closing service Inc):
2020: $775
2021: $875

 

[Mongo]

I bid on Ebay and won 5000 points EOY gold season at the Kohala Suites that included 5000 points saved over from 2020. $1605 in MF for $217.50. I thought for sure this wouldn't pass ROFR but it passed in 2 days. Plus the seller paid all fees so basically I got 5000 points to use in 2021 for $217.50 plus the $617 club activation fee. My first timeshare purchase so if it doesn't go as planned in a couple of years, I won't be out much.

 

[HudsHut]

Welcome, @Mongo
Congratulations and enjoy your Hilton purchase. Kohala Suites is a very nice property.

 

[jscboston]

Just closed on a Platinum 1 BR Anual unit at The District, by Hilton Club, Washington DC. 7,200 Platinum points. $3,500 price. Plus closing costs and HGVC fees, of course. I saw the unit on RedWeek.com.

 

[dayooper]

Just closed on a Platinum 1 BR Anual unit at The District, by Hilton Club, Washington DC. 7,200 Platinum points. $3,500 price. Plus closing costs and HGVC fees, of course. I saw the unit on RedWeek.com.

Nice buy!

 

[Mongo]

Just found out my other buy on eBay passed ROFR after almost 30 days. 5000 gold points annual at SeaWorld for $800 and only $1157.40 mf. I guess a bonus for me in that both of my units were added on the same day so I will only have 1 activation fee. Now how to figure out how to spend all these points. Btw Resort Closing out of Montana was awesome to deal with. Plus I paid no closing fees again and the 2021 mf were paid for from the previous own and mine to use.

 

[brp]

I guess a bonus for me in that both of my units were added on the same day so I will only have 1 activation fee.

I don't believe that this is correct (at least it wasn't for me). A year ago I bought a package that actually had two deeds in the same package. So, even though it all showed up the same day it was still 2X Activation fee- one per deed.

Cheers.

 

[SteveTinEUG]

Closed on HGV Sunrise Lodge, 5,800 EY points, $1,475 MF EY, purchased for $250 on eBay. HGV has no ROFR at Sunrise Lodge, so went right through. Paid $350 to keep points rolled from 2020 into 2021. Will be using those ASAP.

 

[GT75]

HGV Sunrise Lodge, 5,800 EY points,

Looks like a 2Br+ Gold Season

 

[dayooper]

I suppose it’s safe to post this now. I just received word today that my offer for a platinum 2 bedroom at the Boulevard (7000 annual points) for $2500 passed ROFR. LT Transfers submitted the request Tuesday, June 22nd and we received word on Thursday, June 24th that it passed. I will add to ROFR.net.

 

[CalGalTraveler]

@dayooper Congrats! That's a great price.

 

[dayooper]

@dayooper Congrats! That's a great price.

Thanks! I’m paying the closing costs, but it’s still well worth the deal. LTTransfers has been great!

 

[natarajanv]

Thanks! I’m paying the closing costs, but it’s still well worth the deal. LTTransfers has been great!

Think this way, you are paying a lot less in closing costs going with LT. Our CC was close to $650 ( this does not include estoppel/transfer ). You probably saved $400 going thro LT

 

[dayooper]

Think this way, you are paying a lot less in closing costs going with LT. Our CC was close to $650 ( this does not include estoppel/transfer ). You probably saved $400 going thro LT

No complaints here, all in cost around $4000 (including Hilton estopple, transfer and enrollment fees).

 

[Magus]

Yes very good price

 

[Smclaugh99]

Just got official confirmation that my EBay purchase from early June passed ROFR:

West 57th (2) Studio Plus Platinum (10500 Annual bHC points) on one deed.
$5150 purchase price
$6808 with closing/transfer
Sold by The Timeshare Group

I was pretty surprised that it passed. I already have W57 Studio Plus Gold Annual and EOY, so will look to drop those. I will post on ROFR.net but divide it in 1/2 to account for the database limitation (2 listings of Studio Plus Platinum for $3404).

Sean

 

[dayooper]

Just got official confirmation that my EBay purchase from early June passed ROFR:

West 57th (2) Studio Plus Platinum (10500 Annual bHC points) on one deed.
$5150 purchase price
$6808 with closing/transfer
Sold by The Timeshare Group

I was pretty surprised that it passed. I already have W57 Studio Plus Gold Annual and EOY, so will look to drop those. I will post on ROFR.net but divide it in 1/2 to account for the database limitation (2 listings of Studio Plus Platinum for $3404).

Sean

Nice buy, congrats. With the exception of the South Carolina resorts, I don’t believe they’ve started ROFR yet.

 

[Magus]

Just got official confirmation that my EBay purchase from early June passed ROFR:

West 57th (2) Studio Plus Platinum (10500 Annual bHC points) on one deed.
$5150 purchase price
$6808 with closing/transfer
Sold by The Timeshare Group

I was pretty surprised that it passed. I already have W57 Studio Plus Gold Annual and EOY, so will look to drop those. I will post on ROFR.net but divide it in 1/2 to account for the database limitation (2 listings of Studio Plus Platinum for $3404).

Sean

NYC is expected to take longer to recover and hgv is keeping cash with merger. Congrats!

 

[GT75]

With the exception of the South Carolina resorts, I don’t believe they’ve started ROFR yet.

That is because HGV doesn't control the ROFR at the SC resorts, the developer does.

 

[Magus]

Craigendarroch Suites Studio Premier Platinum (3,500pts) for $400 (plus MF & closing costs) and Studio Plus Silver (3,000pts) for $250 (plus MF & closing costs) via Judi both passed ROFR. My first Timeshare purchases.

Congrats! Nice pick ups - we're looking forward to using our Craig Suites purchase for the first time next year (used for club bookings) in July 2022 - maybe see you there!