Closing Time!!

[valentinasdad]

We recorded on June 11 for our BWV contract and nothing has happened yet. We are existing members so apparently the new contract will show up as a drop-down option (different resort and UY), but the CM I spoke to today was a complete tool so I'm not sure what the actual process will be or when it will actually merge with our existing membership.

I also recorded same day. Nothing yet please keep me updated as will I

 

[3pletprincesses]

3pletprincesses, any luck? Did you get your points, where and when do you want to go?

As of yesterday morning still nothing. We've given up for this year to use our points and I'll simply bank them. Now I'm hoping to get BLT for June 27 to July 4 next year but given today was 11 months out and still nothing, even that won't be an option

 

[pangyal]

Okay, so three of us for sure who recorded on the 11th.

You guys, I don't know if this is true, but the nice lady at Member Administration told me yesterday that they were currently working on transfers from June 10 and 11, and that they worked over the weekend. I'm obsessively checking my member dashboard, but nothing yet.

I don't understand why it looks like some people who recorded after us have already been processed? Or did I read Allison's awesome chart incorrectly?

 

[allison plevrakis]

Okay, so three of us for sure who recorded on the 11th.

You guys, I don't know if this is true, but the nice lady at Member Administration told me yesterday that they were currently working on transfers from June 10 and 11, and that they worked over the weekend. I'm obsessively checking my member dashboard, but nothing yet.

I don't understand why it looks like some people who recorded after us have already been processed? Or did I read Allison's awesome chart incorrectly?

I think you're reading the chart incorrectly. The first 2 dates are closing and when you showed up on the occ site. I wasn't able to put grid marks in and when I tried to separate the columns it reverted back after I posted it. I think the latest occ date is 6/5/15 that someone has gotten their membership #, that was dawnT

 

[allison plevrakis]

I think you're reading the chart incorrectly. The first 2 dates are closing and when you showed up on the occ site. I wasn't able to put grid marks in and when I tried to separate the columns it reverted back after I posted it. I think the latest occ date is 6/5/15 that someone has gotten their membership #, that was dawnT

Only people with 4 dates behind their name have membership #s

 

[pangyal]

Only people with 4 dates behind their name have membership #s

Ooooooh, gotcha, thanks! And thanks a million for your hard work in putting together that chart

 

[SomeImaginationHuh]

I am returning my closing docs tomorrow, overnight courier. Can someone break down exactly what happens from here, and how long it's likely to take? Thanks!!!

 

[allison plevrakis]

I am returning my closing docs tomorrow, overnight courier. Can someone break down exactly what happens from here, and how long it's likely to take? Thanks!!!

What is the name of your title co? Most title companies will record the deed as soon as both parties paperwork is returned. If you are working with Timeshare Title and More they will send it back to Disney to reconfirm points even though this was already done during the estoppel process.
Our title company was Timeshare Title and More, so we had an extra step, which wasn't disclosed to us until very late in the game. We returned our docs on May 7th and we did not close until June 2nd. There was also a problem with our sellers documents and they had to be notarized for a second time, so our wait was unusually long. If your sellers return their paperwork tomorrow too, you could close and record on the OCC site this week. After recording your title company sends paperwork to Disney, on average it is taking 11 business days from recording date until you receive you membership #. Once you have the # you can book reservations.

 

[abbysmama]

What is the name of your title co? Most title companies will record the deed as soon as both parties paperwork is returned. If you are working with Timeshare Title and More they will send it back to Disney to reconfirm points even though this was already done during the estoppel process.
Our title company was Timeshare Title and More, so we had an extra step, which wasn't disclosed to us until very late in the game. We returned our docs on May 7th and we did not close until June 2nd. There was also a problem with our sellers documents and they had to be notarized for a second time, so our wait was unusually long. If your sellers return their paperwork tomorrow too, you could close and record on the OCC site this week. After recording your title company sends paperwork to Disney, on average it is taking 11 business days from recording date until you receive you membership #. Once you have the # you can book reservations.

I am returning my closing docs tomorrow, overnight courier. Can someone break down exactly what happens from here, and how long it's likely to take? Thanks!!!

We also have TTM and closing docs and money returned 6/14 and we have heard nothing and can get no information from them.

 

[SomeImaginationHuh]

We also have TTM and closing docs and money returned 6/14 and we have heard nothing and can get no information from them.

Well, crap. We are using TTM too.

What is the name of your title co? Most title companies will record the deed as soon as both parties paperwork is returned. If you are working with Timeshare Title and More they will send it back to Disney to reconfirm points even though this was already done during the estoppel process.
Our title company was Timeshare Title and More, so we had an extra step, which wasn't disclosed to us until very late in the game. We returned our docs on May 7th and we did not close until June 2nd. There was also a problem with our sellers documents and they had to be notarized for a second time, so our wait was unusually long. If your sellers return their paperwork tomorrow too, you could close and record on the OCC site this week. After recording your title company sends paperwork to Disney, on average it is taking 11 business days from recording date until you receive you membership #. Once you have the # you can book reservations.

Thanks for the info. I was super clear on the ROFR and estoppel, but had no idea what to expect next.

 

[lisamwell]

What is the name of your title co? Most title companies will record the deed as soon as both parties paperwork is returned. If you are working with Timeshare Title and More they will send it back to Disney to reconfirm points even though this was already done during the estoppel process.
Our title company was Timeshare Title and More, so we had an extra step, which wasn't disclosed to us until very late in the game. We returned our docs on May 7th and we did not close until June 2nd. There was also a problem with our sellers documents and they had to be notarized for a second time, so our wait was unusually long. If your sellers return their paperwork tomorrow too, you could close and record on the OCC site this week. After recording your title company sends paperwork to Disney, on average it is taking 11 business days from recording date until you receive you membership #. Once you have the # you can book reservations.

I am not so sure on the 11 business days anymore, plenty of people should have their # by now if that were the case

 

[abbysmama]

We also have TTM and closing docs and money returned 6/14 and we have heard nothing and can get no information from them.

We also passed ROFR on 5/4 and estoppel on 6/4 and only received closing documents because I got the broker involved. She has made inquiries after mine went unanswered about a scheduled closing date and she hasn't received an answer yet either.

 

[pangyal]

I am not so sure on the 11 business days anymore, plenty of people should have their # by now if that were the case

I'm already at 15 business days and am an existing member, and nothing for me! So no, I don't think the 11 business days is a realistic estimate anymore either.

 

[allison plevrakis]

We also passed ROFR on 5/4 and estoppel on 6/4 and only received closing documents because I got the broker involved. She has made inquiries after mine went unanswered about a scheduled closing date and she hasn't received an answer yet either.

Anyone using TTM needs to stay on top of them or they will just ignore your file. They were horrible! I caught them in numerous lies, the owner Nancy never returned phone calls or emails. I usually got Alex when I called and he'd pull up my file and say you should be closing within the next couple of days, which was never true. When I asked for Nancy she was always on another line or at lunch and Alex would promise me she'd call me back and she never did.

Abbysmama, that's great that the broker is helping you with them. Our broker made excuses for them, I think they were friends. Do you know if the sellers returned their docs? The sellers docs usually take longer because they need to get everything notarized.

 

[allison plevrakis]

We also have TTM and closing docs and money returned 6/14 and we have heard nothing and can get no information from them.

Do you have your sellers info? The only way we knew what was going on was because our sellers texted us. They told us when they mailed their docs and provided us a tracking numbers. Our sellers paperwork had to go back to them after they returned it to TTM because a page was missed when they had it notarized. TTM did not tell us anything about it, thank goodness the sellers texted us and told us. That added another 1.5 wks to our wait.

 

[Disneychica18]

We used TTM also. I used Teresa for most of my communication. She says she is the one that handles the documents and can look them up in the system. I'll be glad to message you her email

 

[supersnoop]

I am returning my closing docs tomorrow, overnight courier. Can someone break down exactly what happens from here, and how long it's likely to take? Thanks!!!

There is very little reason to send anything overnight. I mailed my check and closing documents via first class mail in a normal envelope. It took the seller two weeks to get theirs sent in. The seller has more work to do. That's the one variable that we can't calculate.

 

[BrittanyLynn]

I'm using Duncan Title and Escrow and they also go back to Disney after paperwork is sent in for a final check. My estoppel came 6/24 and I am still waiting on them to send me the paper work. : /

 

[FSUSammy]

I was going to start calling today for my member # but now I'm wondering if I should wait longer since a lot of you that recorded before me (6/17) are still waiting.

 

[FSUSammy]

So called for the hell of it because my coworker told me to and got someone that said that they stopped giving member numbers over the phone. I said really, how long ago did you all stop? She said 4 weeks ago. Lies Lies Lies! LOL I'll try back later to see if I get someone else.