Anyone made it through (or not made it through) ROFR recently? - Section V

[annmarieda]

If your deed is not yet recorded, something is wrong. CALL THE TITLE COMPANY and don't feel bad about doing it.

I had a contract close on Friday, 6/21 with TSS and it was recorded on Monday 6/24. That was good! But...

That's when the alarm bells went off for me. I had another contract with Fidelity, that closed 6/12 and still hadn't shown up as recorded, nor did Disney have any record of it. So, for 2 days, I sent multiple e-mails. Yesterday, I started calling anyone I had a phone number for (Broker, various people at the title company). It took all day to find out that Disney had done their part of the paperwork wrong, and my contract was into someone's in bin, at the courthouse, where it had sat for 2 1/2 weeks! Who knows how long it would have sat if I had continued to be patient.

The title company is assuring me that they can fix this on Monday, but I want to use those points to book a November vacation, and not the points that will come through first. And Disney has had the recorded contract for 5 days, but hasn't assigned a member number yet. I'm hoping for next week.

So, I bought 3 contracts - the last one 30 days after the first one. The last one has settled, and is on Orange County's website, the second one is delayed by a Disney/courthouse snafu, and the first one - well, that seller moved overseas, and didn't bother to tell anyone. And no one at the title company tried looking for them for over 30 days, till I called. Still, I'm hopeful about that one.

Would I buy resale again? In a heartbeat. But, you really need to stay on top of these service providers, and don't feel bad at all about bothering anyone.

Oh my! Your story has me seriously worried now!!! I just hoped that this was normal. Dh has been worried though. To him it feels like we sent off a large some of money and have nothing to show for it. I am beginning to agree.

Yikes!! I would check with your broker. Our 2nd contract- offer submitted 4/22 and we closed the 1st week of June. Points already loaded & member cards received. This was with TSS & Magic Vacation Title. Service was superior & fast. Our first choice for resale.

ACK... you too have me worried. I guess it is good I am going to be up very early tomorrow cause I will need to make some calls!!!!

 

[tb1972]

Today on our extended closing date, we were notified the seller backed out!!!! Cannot believe it...we waited months for an extended closing date and they back out. The offer was made April 8 and they had plenty of time to figure it out.

I guess it's back to resale shopping but costs have increased since April.

Has anyone else experienced this? How long to get $ back? We paid both a deposit and closing total.

Sent from my iPad using DISBoards

Just to let everyone know, we received our deposit and payment in full today from the title co. At least our money was returned quickly!

Sent from my iPad using DISBoards

 

[moreisgood]

If your deed is not yet recorded, something is wrong. CALL THE TITLE COMPANY and don't feel bad about doing it.

I had a contract close on Friday, 6/21 with TSS and it was recorded on Monday 6/24. That was good! But...

That's when the alarm bells went off for me. I had another contract with Fidelity, that closed 6/12 and still hadn't shown up as recorded, nor did Disney have any record of it. So, for 2 days, I sent multiple e-mails. Yesterday, I started calling anyone I had a phone number for (Broker, various people at the title company). It took all day to find out that Disney had done their part of the paperwork wrong, and my contract was into someone's in bin, at the courthouse, where it had sat for 2 1/2 weeks! Who knows how long it would have sat if I had continued to be patient.

The title company is assuring me that they can fix this on Monday, but I want to use those points to book a November vacation, and not the points that will come through first. And Disney has had the recorded contract for 5 days, but hasn't assigned a member number yet. I'm hoping for next week.

So, I bought 3 contracts - the last one 30 days after the first one. The last one has settled, and is on Orange County's website, the second one is delayed by a Disney/courthouse snafu, and the first one - well, that seller moved overseas, and didn't bother to tell anyone. And no one at the title company tried looking for them for over 30 days, till I called. Still, I'm hopeful about that one.

Would I buy resale again? In a heartbeat. But, you really need to stay on top of these service providers, and don't feel bad at all about bothering anyone.

Title company made good on their word, and the contract showed up on Orange County's website late this afternoon! Yay! Still no membership number assigned at Disney yet (only 7 days so far) from the first contract.

 

[balletgirl2]

Can anyone direct me where to see if my deed is recorded. I closed 6/19. I don't know which website to look at.

 

[DannysMom]

Can anyone direct me where to see if my deed is recorded. I closed 6/19. I don't know which website to look at.

As long as you purchased at one of the WDW DVC locations, you can check the Orange County Comptroller site: http://or.occompt.com/recorder/eagleweb/docSearch.jsp

(It is in the sticky at the top of this forum.)

 

[DisneyRegulars]

Just passed ROFR today. Submitted 6/5/2013, passed 7/1/2013. 2 SSR 150 (Aug) point contracts at $65 a point, all 2014 points and onward.

So excited! We are planning to get a treehouse in January of 2015, and my husband and I head down in 2 weeks for our recon trip, which will also be our first stay at our new home.

 

[SFlaDisneyfans]

Congrats

 

[ImagineerTHAT]

Passed ROFR...

150 BLT (Feb), $100, all 2012 points and forward (sub 6/8, passed 7/1)

 

[DisneyRegulars]

Passed ROFR...

150 BLT (Feb), $100, all 2012 points and forward (sub 6/8, passed 7/1)

Happy dancing with you!

 

[dmunsil]

Passed ROFR...

150 BLT (Feb), $100, all 2012 points and forward (sub 6/8, passed 7/1)

Congratulations!

 

[balletgirl2]

As long as you purchased at one of the WDW DVC locations, you can check the Orange County Comptroller site: http://or.occompt.com/recorder/eagleweb/docSearch.jsp

(It is in the sticky at the top of this forum.)

Thank you! I always overlook the sticky.

It posted the day after I closed. Now I'm patiently waiting for my member ID.

 

[HollenAngi]

150 pt SSR $68/pt sent to Disney 6/5 and just got the email that we passed ROFR! Now another 10 days to receive our closing documents. Used TSS and they have been great!

 

[bstarprincess37]

Already on the list but thought I would update my timeline for anyone waiting for closing and member ID's. It was helpful for me to have a comparison as I was waiting...

This was for a 150 pt OKW contract, Jun UY at 58 ppt, 117 '13 points and all forward, seller pays mf for used points and buyer pays mf for 117 pts. We purchased through TTS and Magic Vacation Title who were both fantastic to work with, very responsive and answered all my questions...

Here is Timeline:

5/18 - submitted offer
5/18 - offer accepted
5/19 - signed and returned documents
5/19 - submitted to Disney for ROFR
6/10 - passed ROFR
6/17 - escrow closed
6/18 - on OC website
6/29 - received member number in mail
6/30 - made first reservation

 

[lovin'fl]

Updated the list

http://www.disboards.com/showthread.php?t=3001288&page=162

 

[JWG]

JWG---50 BLT (Aug), $105, 0 '13 points and all points forward, buyer pays closing, seller pays mf (sub 6/5)

Notified we passed ROFR by TTS today (7/1). Must be pushing through a day early with the 7/4 holiday, thought we might hear tomorrow.

This is our 5th contract (3 of 50 points or less), 3 via direct and 2 resale. So far so good with the resellers. We'll see how the closing company does as our escrow documents were wrong and had to be corrected.

Hopefully only another 3 weeks or so between closing and point loading.
Not that it matters, we don't get points until 8/14.

 

[annmarieda]

Just to share my update.... I contacted both fidelity and the title company first thing this morning. Then I checked the controller website. Wouldn't you know it recorded today?!?

The title company responded though with "it can take up to 4 weeks after closing for it to record". I wasn't aware it could take that long. It seems a lot of people close and then within a couple days see it recorded.

Now lets just hope it doesn't take Disney 4 weeks to send me my member number! I really need to book my trip for January... And each day that goes by is making me feel as though the ability to so on points is less and less likely.

 

[chanchey]

Just passed ROFR! My family is super pumped about being DVC members. 170 points at BWV for $76/pt. (Sub - 6/9, Passed - 7/1)

 

[lovin'fl]

Just passed ROFR! My family is super pumped about being DVC members. 170 points at BWV for $76/pt. (Sub - 6/9, Passed - 7/1)

Welcome home!!!!!

 

[agie65]

Just to share my update.... I contacted both fidelity and the title company first thing this morning. Then I checked the controller website. Wouldn't you know it recorded today?!?

The title company responded though with "it can take up to 4 weeks after closing for it to record". I wasn't aware it could take that long. It seems a lot of people close and then within a couple days see it recorded.

Now lets just hope it doesn't take Disney 4 weeks to send me my member number! I really need to book my trip for January... And each day that goes by is making me feel as though the ability to so on points is less and less likely.

I am in same boat as you are, my contract closed 06/12, no recording yet, but have pts available in my membership. Used all the way upto 2014 (borrowed) for reservations.

 

[annmarieda]

I am in same boat as you are, my contract closed 06/12, no recording yet, but have pts available in my membership. Used all the way upto 2014 (borrowed) for reservations.

So maybe do you think Disney might not take too long in getting my points into an account for me? Worst case... 4 weeks... a week for mail. 5 weeks till I can try and book. 10 weeks total so far.. another 5... But should not be more than 5, right?