Closing Time!!

Friendlyadvice2 · May 28, 2015

Lakegirl said:
Over the top excited right now!!! Title Company has Sellers paperwork!!! Here is my timeline so far:
3/6/2015 Made offer
3/12/2015 Sent to Disney for RORF
4/6/2015 Passed RORF
5/13/2015 Passed ESTOPPEL and rcvd Closing Docs
5/20/2015 Title company received my docs (buyer)
5/28/2015 Title company received Sellers Docs
Waiting on Closing
So very very excited to be this close!!!! I can't wait to book my trips!!!

Conratulatons Lakegirl! Seriously though, stay on top of this. Hopefully, they will close your file tomorrow or early next week and you can have your member number by the middle of June. The OCC is currently recording documents proofed through May 22, so they are about a week behind, but I suspect they will make up some time since they were off for the holiday this week. You'll have about 10-14 days once it's recorded to obtain your number. Good luck!!

Lakegirl · May 28, 2015

Friendlyadvice2 said:
Conratulatons Lakegirl! Seriously though, stay on top of this. Hopefully, they will close your file tomorrow or early next week and you can have your member number by the middle of June. The OCC is currently recording documents proofed through May 22, so they are about a week behind, but I suspect they will make up some time since they were off for the holiday this week. You'll have about 10-14 days once it's recorded to obtain your number. Good luck!!

Thanks so much for the info!!! It is greatly appreciated!!

anmay27 · May 28, 2015

Congrats Lakegirl.

My closing hit a hiccup when the wired funds went awry, but all is well now and I should be closing today (hopefully). Home stretch for both of us

Angela

Lakegirl · May 28, 2015

Anmay27 was wondering where you went! Haven't heard from you in awhile. Sorry to hear about the wire issue but so happy to hear that you are close as well!!!!

allison plevrakis · May 28, 2015

summabreeze85 said:
Thanks for the info guys on TT&M. They have never mentioned anything to me about sending it back to Disney a 3rd time. A few months ago I had stuff close with them and there was never this long delay in between them receiving the docs and closing the file. I think it'd be weird for them to start a new part of the process nowadays, esp when they know this process is getting longer and longer.
So I emailed the new closing assistant Wednesday (pm me if you want his info), and he responded in less than 24 hours and immediately closed the file. It's almost like they have a big pile of contracts sitting there and they won't close it until you give them a little kick in the butt! hah

Summabreeze I don't know how to PM, is it Alex you're dealing with? When he answers the phone he always tells me we're closing within the next day or 2 and he also says he'll call me back once we close and then he never does.

Here is the dreaded email from TT&M saying it has to go back to Disney. Note that they've had our closing docs and money since 5/7, its been 3 weeks. We just got this email yesterday:

"Hello,

I have received your documents. At this time we have requested the
final updates from Disney for point status and final updates from Disney's
accounting department. Once we have this information from Disney we will be
in a position to close.

Thank you,

Jaqueline Hernandez
Contract Administrator
Timeshare Title & More, LLC"

allison plevrakis · May 28, 2015

3pletprincesses said:
ugh! after having financing fall because they didn't want to work with the closing company, rushing and loosing sleep to find the money to be able to close in time, I find out today that all documents have been received and send for closing BUT the seller was asked for further information about her deceased DH this morning and she will need to provide a certified death certificate. Now any guess how long this will take?

Sorry to hear that, hopefully it won't take too long

DisMom829 · May 28, 2015

Still here, patiently waiting on my member number to come in the snail mail. I'm seriously struggling with not calling to see if we're in the system yet, but I've got no rush now. We are booked on cash stays, June, Sept & Nov. So we'll just have to take a trip in the spring now

4 uses of our PAP's are better than 3, right?? :daisy:

85 days and still counting.

anmay27 · May 28, 2015

Lakegirl said:
Anmay27 was wondering where you went! Haven't heard from you in awhile. Sorry to hear about the wire issue but so happy to hear that you are close as well!!!!

All cleared up and just heard - I closed today! Woohoo!

Offer accepted 3/3
ROFR sent 3/5
Waived 4/1
Estoppel Received 5/11
Closing Docs Received 5/12
Closing Docs sent priority to Escrow/Title Agent 5/13
My docs received 5/15
Seller's Docs Received 5/18
Funds received and confirmed by *** 5/26
Closed 5/28
Now to wait for membership number - I have points to use by February 2016

DisMom829 · May 28, 2015

anmay27 said:
All cleared up and just heard - I closed today! Woohoo!

Offer accepted 3/3
ROFR sent 3/5
Waived 4/1
Estoppel Received 5/11
Closing Docs Received 5/12
Closing Docs sent priority to Escrow/Title Agent 5/13
My docs received 5/15
Seller's Docs Received 5/18
Funds received and confirmed by *** 5/26
Closed 5/28
Now to wait for membership number - I have points to use by February 2016

Congrats anmay27!

Lakegirl · May 28, 2015

anmay27 said:
All cleared up and just heard - I closed today! Woohoo!

Offer accepted 3/3
ROFR sent 3/5
Waived 4/1
Estoppel Received 5/11
Closing Docs Received 5/12
Closing Docs sent priority to Escrow/Title Agent 5/13
My docs received 5/15
Seller's Docs Received 5/18
Funds received and confirmed by *** 5/26
Closed 5/28
Now to wait for membership number - I have points to use by February 2016

So happy for you!!! Congrats!!

MrPTato · May 29, 2015

We purchased direct from Disney. Signed all papers and dated for May 19th. How long until we are officially closed? I know we had a 10 day window to change our minds. Thanks for any info...first time buyers here.

hopeful4fl · May 29, 2015

MrPTato said:
We purchased direct from Disney. Signed all papers and dated for May 19th. How long until we are officially closed? I know we had a 10 day window to change our minds. Thanks for any info...first time buyers here.

Since you went direct, you should have a guide allocated to you, who can help you out. I thought you could back out within a specified time, but would be able to book a vacation immediately.

CMNJ · May 29, 2015

MrPTato said:
We purchased direct from Disney. Signed all papers and dated for May 19th. How long until we are officially closed? I know we had a 10 day window to change our minds. Thanks for any info...first time buyers here.

You should have been able to book right away-I think techincally closing takes about a month but they allow you to book points in advance of closing

MrPTato · May 29, 2015

I am already booked for January...looking for thoughts or experiences on closing times. I was able to book before I even got the paperwork to sign.

chicagoshannon · May 29, 2015

DisMom829 said:
Still here, patiently waiting on my member number to come in the snail mail. I'm seriously struggling with not calling to see if we're in the system yet, but I've got no rush now. We are booked on cash stays, June, Sept & Nov. So we'll just have to take a trip in the spring now 4 uses of our PAP's are better than 3, right??

85 days and still counting.

I'm right there with you. I think it's been 12 days since our deed was recorded.

GoofyDisneyDaddy · May 29, 2015

chicagoshannon said:
I'm right there with you. I think it's been 12 days since our deed was recorded.

It is so HARD and frustrating, but it's good we have our little support group here that helps me resist the urge to call DVC more than once every couple days. Our deed was recorded on 5/13 and still nothing. If the points aren't there today, we are going to miss the 7 month window for a trip we were trying to squeeze in at the end of the year.

supersnoop · May 29, 2015

MrPTato said:
I am already booked for January...looking for thoughts or experiences on closing times. I was able to book before I even got the paperwork to sign.

Buying direct, it doesn't really matter. The reason people are tracking their closing times is because they're anxious to get access to their account so they can book a reservation. That doesn't apply to direct purchases.

Lakegirl · May 29, 2015

Lakegirl said:
Over the top excited right now!!! Title Company has Sellers paperwork!!! Here is my timeline so far:
3/6/2015 Made offer
3/12/2015 Sent to Disney for RORF
4/6/2015 Passed RORF
5/13/2015 Passed ESTOPPEL and rcvd Closing Docs
5/20/2015 Title company received my docs (buyer)
5/28/2015 Title company received Sellers Docs
Waiting on Closing
So very very excited to be this close!!!! I can't wait to book my trips!!!

WOOHOOOO!!! I closed today!!!!!!! VWL here we come!! I am so excited!!!!!! Thanks for all the support from everybody!!

mikelan6 · May 29, 2015

Here's another update:

02/08/15 - Made an Offer
02/09/15 - Offer accepted
02/11/15 - Contract signed and sent deposit check
03/16/15 - ROFR Waived
04/14/15 - Received Closing documents
04/15/15 - Wire transfer sent to title company
04/30/15 - Deed registered with Orange County
05/15/15 - Received member number from Member Accounting
05/18/15 - Called Member services and was able to link my Club ID to my existing My Disney Experience account for full online access.
05/22/15 - Received member number in the mail
05/29/15 - Received e-mail with my one time activation code to access the website (which is down) even though I've had access since the 18th :confused3

chicagoshannon · May 29, 2015

GoofyDisneyDaddy said:
It is so HARD and frustrating, but it's good we have our little support group here that helps me resist the urge to call DVC more than once every couple days. Our deed was recorded on 5/13 and still nothing. If the points aren't there today, we are going to miss the 7 month window for a trip we were trying to squeeze in at the end of the year.

We're planning for mid Feb so hoping we get our stuff in time for that (we should).

Closing Time!!

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