ROFR Exercised/Passed

[KDaley]

POSTED ON ROFR.NET

Elara 4000 Points EOYE AUG 2021

Sales price	$500.00
Closing Costs	$400.00
Admin Fee Timeshare Broker Sale	$150.00
Transfer fee HGVC	$429.00
Total Charges	$1,479.00

Enclave 4800 Points EOYO- This is my dream spot, so I was really excited about this one. AUG 2021

Sales price	$1,500.00
Maintenance Fees for 2021	$805.56
Closing Costs	$525.00
Admin Fee Timeshare Broker Sale	$150.00
Transfer fee HGVC	$429.00
Total Charges	$3,409.56

Elara 3500 Points EY MAY 2021

Sales price	$650.00
Maintenance Fees for 2021	$662.59
Closing Costs	$425.00
Admin Fee Timeshare Broker Sale	$150.00
Transfer fee HGVC	$429.00
Total Charges	$2,316.59

 

[GT75]

Resort: HGVC ELARA Account Number:

Week: Floats Weeks: 1-52 This owernship is a FULL WEEK at the resort every Even Year and does not
come with HGVC Points.

Is a Westgate deed then?

 

[KDaley]

Is a Westgate deed then?

Yes, this is correct. I have 2 Westgate Deeds for the Elara Resort.

 

[HamnCheese]

We just received word that Hilton waived ROFR on our purchase of an EOY Odd 1BR Platinum (7000 point) floating week 12 unit at Elara, 2021 points included. MF not due until 2023. We paid $3,500. First HGVC Purchase and excited to be joining!

 

[OJRG]

How long is HGVC taking to respond on ROFRs nowadays? There was an eBay listing that the broker listed 3 to 4 days for ROFR, but that seems really short to me. So I thought I would see what my Tugger friends are seeing.


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[mscheribel59]

How long is HGVC taking to respond on ROFRs nowadays? There was an eBay listing that the broker listed 3 to 4 days for ROFR, but that seems really short to me. So I thought I would see what my Tugger friends are seeing.


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[mscheribel59]

How long is HGVC taking to respond on ROFRs nowadays? There was an eBay listing that the broker listed 3 to 4 days for ROFR, but that seems really short to me. So I thought I would see what my Tugger friends are seeing.


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Sorry, meant to say 3-4 days is probably right. I won an E-Bay Elara, and a week after the auction ended, I had an e-mail from the closing company that HGVC waived ROFR and they had already recorded the deed. Had my 4,800 2021 points in my account in less than a month total.

 

[GT75]

How long is HGVC taking to respond on ROFRs nowadays?

HGVC can take up to 1 month. 3-4 days isn't the norm.

 

[Bazeball]

I would say 1-2 weeks. They waived ROFR pretty quickly in late September on a Trump Intl eBay purchase I just made .

 

[Nowaker]

- Flamingo 2BR Platinum 7k - $3,954 - 7 biz days - passed (note: there's no ROFR on Flamingo but estoppel has to be issued anyway)
- Boulevard 2BR Gold 5k - $1500 - 10 biz days - pending (title comp pinged them this Friday and HGVC responded they would issue the estoppel this upcoming week
- Boulevard 1BR Gold 3.4k - $1 seller pays closing - 2 biz days - passed
- Elara 1BR Grand Gold 5k - $1 - 1 days - passed

I'll keep this list updated.
Edited on 11/16.

 

[OJRG]

- Flamingo 2BR Platinum 7k - $3,954 - 2 biz days - passed (note: there's no ROFR on Flamingo but estoppel has to be issued anyway)
- Boulevard 1BR Gold 3.4k - $1 seller pays closing - 2 biz days - passed
- Boulevard 2BR Gold 5k - $1500 - 10 biz days - pending (title comp pinged them this Friday and HGVC responded they would issue the estoppel this upcoming week
- Elara 2BR Grand Gold 5k - $1 - 0 days - pending

I'll keep this list updated.

Thanks for the update. I have two pending ROFR right now.

The District bhc- 1 br platinum 7200- $2247- 10 biz days pending

Elara- 1 br grand plus gold 5500- $2500- 7 biz days pending


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[Nowaker]

10 biz days pending
7 biz days pending

Just a thought: given 2/3 of my estoppel requests came back in just 2 business days, are you sure your closing company submitted the form on the day they claim it, or maybe several days later?

 

[Nowaker]

Update 11/16: Elara 1BR Grand Gold 5,000 points - MFpp 2021 / 2021 - $0.177 / $0.182 - passed for $1. HGVC gift affidavit was signed, relationship specified as "none" (not a family, therefore subject to ROFR).

Post with all my properties updated: #635.

 

[HuskerATL]

Found out today that HGVC exercised the ROFR on a Ocean 22 - 3400 points Gold season for $1,000. The request went to them on the 15th, we found out today, and the purchase price was refunded today. In ROFR.net, no Ocean 22 have passed.

 

[OJRG]

Found out today that HGVC exercised the ROFR on a Ocean 22 - 3400 points Gold season for $1,000. The request went to them on the 15th, we found out today, and the purchase price was refunded today. In ROFR.net, no Ocean 22 have passed.

I noticed that and have been looking at an Ocean 22 but not sure if it’s worth the effort since the developer ROFRs so much.


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[Nowaker]

Oh wow, ROFRing even a 1BR Gold season! It means this 1BR Platinum listing will not pass either. https://www.ebay.com/itm/313748878437 I was considering adding my bid but it sounds like it'll be pointless.

 

[dayooper]

I noticed that and have been looking at an Ocean 22 but not sure if it’s worth the effort since the developer ROFRs so much.


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Oh wow, ROFRing even a 1BR Gold season! It means this 1BR Platinum listing will not pass either. https://www.ebay.com/itm/313748878437 I was considering adding my bid but it sounds like it'll be pointless.

The South Carolina resorts (Anderson, Ocean 22, Ocean Enclave, Ocean Oak and Liberty Square) were developed by a 3rd party, Strand Capitol and they hold the ROFR. They have been very aggressive in taking back deeds, even back before Covid. I suppose if someone paid enough, they would let it slide, but even gold season EOY have been bought back.

 

[HuskerATL]

but even gold season EOY have been bought back.

Yep. Just happened to me. EOY 3,400 Gold.... exercised

 

[Nowaker]

LV Trump Studio Plus, Platinum, 5250 points passed for $1. My second transaction with gift affidavit. ROFR sent and received on the same day.

All my ROFRs: 2, 7,1 and 0 business days respectively.

I recommend paying for estoppel fee with your credit card by submitting a signed HGVC payment form. This way you'll know exactly when HGVC charges your CC (if you have transaction alerts set up).

Posted to rofr.net.

 

[tnsna]

Received deed this weekend (Dec 3) on a 5k Boulevard vegas property that we bought through Diane Nadeau (Time share Broker sales. The docs were provided by TRS, Inc.
Received email this am (Dec 6) with our contract number.
5K points/$1500 price tag/$899.23 MF

Total transaction fees prior to Hilton activation fees were around $2500
Points are in our account!!!

Oct 28th was beginning and Dec 6 was the finish line.....39 days!!!

 

[Lodemia]

Just passed and posted to rofr.net. Two gold weeks on 1 contract for Boulevard. $3k for 10k points.

 

[GT75]

$10k points.

Do you mean 10K points?

 

[Lodemia]

Do you mean 10K points?

Yup.

 

[curlydoc]

Passed ROFR
$900 for 3500 EOY Platinum Season, Saved at least $12000 per what they offered me during the presentation

 

[curlydoc]

How long is HGVC taking to respond on ROFRs nowadays? There was an eBay listing that the broker listed 3 to 4 days for ROFR, but that seems really short to me. So I thought I would see what my Tugger friends are seeing.


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Like 4 weeks