ROFR Exercised/Passed

[OMC]

That's awesome. What are the MFs on that 10500 points?

Not sure if they are $1570 or $1630. I believe it is $1570 but waiting on the estoppel letter. In either case it is about 15 c/p which is higher than Vegas but still within my tolerance given the good price and higher point value in one contract.

 

[Et025]

My first attempt failed. 7,000pt platinum 2Br Tuscany for $5,900


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[jeepinjoel]

Bummer. I struck out a few time before getting one to go through. Closing soon on Kings Land!! Waiver already signed by HGVC. So excited

 

[Cyberc]

Does anyone have any data for the Hilton properties in NYC?

I'm looking to buy and I'd like some input before I make an offer on a studio 7200 points. The asking price is: 20k.

 

[MindReign]

Just adding to the list.

Purchased a 7k point unit in Vegas for $7k, passed rofr in December of 2016. Followed the advice of closing towards end of year when rofr budget was lowest/depleted.

 

[jeepinjoel]

Timing? or chance? Not sure, but I say... keep trying!
In the last three week I've had 2 deals get approved! This was after losing 3 on ROFR back to HGVC.
7,200 every year, Kings' Land. It was recorded by the court in Hawaii yesterday! SUPER excited.
7,000 every year, the Bay Club. last Friday HGVC returned the form releasing the ROFR. I know this has been said to just be a formality... well it cleared! Now just waiting for this one to finish as well.

What a great supplement to our 6,200 every-even-year.

 

[Jason245]

Timing? or chance? Not sure, but I say... keep trying!
In the last three week I've had 2 deals get approved! This was after losing 3 on ROFR back to HGVC.
7,200 every year, Kings' Land. It was recorded by the court in Hawaii yesterday! SUPER excited.
7,000 every year, the Bay Club. last Friday HGVC returned the form releasing the ROFR. I know this has been said to just be a formality... well it cleared! Now just waiting for this one to finish as well.

What a great supplement to our 6,200 every-even-year.

Rofr is never exercised at bay club. I call it the hidden secret of hgvc. Buy in is very cheap.

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[jeepinjoel]

right... but I got Kings' Land too, which is a total surprise. In fact, the HGVC rep originally said they WOULD be exercising it... then they backed out. very excited.

 

[tk25]

My King's Land purchase 12,600 points 2 Bedroom Premier Platinum for total of $14,400 just went thru without Hilton exercising ROFR. Price included almost all of 2017 points and 2017 fees etc. already paid. So if you take the 2017 points out the cost would be about $13,100+/-.

I had a prior $12,800 offer on same 12,600 points King's Land a couple of months that was bought by Hilton exercising ROFR. This offer did not have 2017 points included in the purchase price.

 

[GT75]

I am working on incorporating HGVC in to the www.ROFR.net website. Between busy life, my limited understanding of HGVC, and the large number of resorts, it is a long process of compiling all of the different unit types. I will get there, it will just take some time.

I received an email from @dioxide45 today, him and another TUG user have been working on incorporating Hilton into the existing Marriott ROFR database. I have seen their draft work. Hopefully, that will be completed soon because from this Sticky and other threads within HGVC forum, we certainly need this. I thank these two TUG members for their hard work.

 

[SmithOp]

My King's Land purchase 12,600 points 2 Bedroom Premier Platinum for total of $14,400 just went thru without Hilton exercising ROFR. Price included almost all of 2017 points and 2017 fees etc. already paid. So if you take the 2017 points out the cost would be about $13,100+/-.

I had a prior $12,800 offer on same 12,600 points King's Land a couple of months that was bought by Hilton exercising ROFR. This offer did not have 2017 points included in the purchase price.

Thats a great price with points included!

The 12.6k point units are either 2 br plus or 3 br standard. I own the 2 br premier and its 14.4k points.

Not that it matters, I would never waste all my points on a single week!


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[tk25]

My Estoppel paperwork from Hilton has unit type as 2 bedroom premier and lists 12600 points for 2018 & 2019

 

[tk25]

Doing final closing work and you're right Hilton made a mistake on estoppel it's not a premier but a 2 br plus

 

[Ajleedee]

What is MF?

MF's at all HGVC resorts are assessed by unit-size (or classification), not by Season.
Between resorts, they vary greatly. Among resorts, 1BR's will have different MF's.
Seaword's phases technically have different HOA's & MF's differ slightly, but not much.

.

at a

 

[linsj]

MF

What is MF?

Maintenance fee.

 

[GT75]

Thanks to two TUG members (@dioxide45 and @JPrisco), HGVC has been added to the www.rofr.net database. Please report all activity both failed and passed for any Hilton TS which you either purchased or sold.

 

[junk]

Timing is definitely important, HGVC exercised ROFR last month on a similar 14,400 KL contract that i was trying to buy for $13,500.

Grand Waikikian 2BR Premier 14,400pts, Odd year at $19,000. ROFR has been exercised.

 

[Sandy VDH]

Grand Waikikian 2BR Premier 14,400pts, Odd year at $19,000. ROFR has been exercised.

That is a bit surprising given that it is an EOY, so in reality it nets to 7,200 for $19K, that is a steep price for an ROFR to be executed. Hilton must want the better units at GW back. I would guess they are not taking back the standard 2 BRs as much.

 

[junk]

That is a bit surprising given that it is an EOY, so in reality it nets to 7,200 for $19K, that is a steep price for an ROFR to be executed. Hilton must want the better units at GW back. I would guess they are not taking back the standard 2 BRs as much.

I'm surprised but resale price was 24% of official selling price. It seems approx. 30% or greater than official selling price has to be paid to pass ROFR in Honolulu.

 

[GT75]

Grand Waikikian 2BR Premier 14,400pts, Odd year at $19,000. ROFR has been exercised.

I am very surprised also. @junk can you add to www.rofr.net database. Thanks

 

[GM600]

@GT75
There's an entry in the rofr.net with a date of 2018 for a Hilton property. Maybe someone can edit it

 

[Jpollo]

@GT75
There's an entry in the rofr.net with a date of 2018 for a Hilton property. Maybe someone can edit it

Fixed!

 

[Kekelly111]

the rofr website does not list the number of points involved or am I am missing something?

 

[GM600]

the rofr website does not list the number of points involved or am I am missing something?

it does not list points

 

[GT75]

the rofr website does not list the number of points involved or am I am missing something?

Yes and No. The amount of points are included (just not displayed) as part of the resort, unit size, season, ect. It is there just in the background. The problem as you and others have pointing out (and what is really important) is that it isn't displayed on either the input form and the report. The developers of the database are discussing how to display that information.

I wasn't sure when we were adding Hilton to the rofr db, if users would find it useful. I am very pleased with the response so far (both comments and entries). I am very thankful for the developers of the program for integrating us into their db. I know that we must resolve this display point issue due to the importance to HGVC owners.