Closing Time!!

Sophie_inBflo · Jul 26, 2016

Madame said:
Ours are solid blue as well. We bought resale in Jan of this year.

I just double checked mine- it's solid as well- however we passed RORF on 4/4, so I've never been 100% confident that we were grandfathered. (Originally we weren't, then we were...)

DizBub · Jul 26, 2016

CMNJ said:
I actually took the picture from the DVC website (it was in the article about how they were sending out new cards with the 2021 expiration date-I think they have that watermark across the background to discourage people from altering it and "making themselves DVC members" (since you can show a digital card for the discounts now). Mine also is solid blue background but I wasn't going to post a picture of my actual card. I figured the post 4/4 cards would look significantly different to be easily distinguishable for retail/restaurant cast members as to who was eligible for discounts

Thanks for the response. Makes sense but I do prefer the card you posted.

I feel the best way to make post 4/4 cards is to make them a totally different color like red or white...no confusion there. I just hope they do get cards.

ruthma · Jul 26, 2016

Contract put on member services on Monday but no points yet. I called and they said could be 24-48 hours before points show up. Should be tomorrow. We will see.

von Monster · Jul 26, 2016

von Monster said:
Here my timeline:

Offer made, accepted, and paperwork filed 4/9
Addendum filed 4/18 (typo in original paperwork from broker)
ROFR passed 5/13
Closing docs received 6/10
Closing docs and payment sent 6/16
Closed 7/5

Just to update:

Points transferred(?) 7/19
Membership number received 7/26

Total time of 108 Days

ruthma · Jul 27, 2016

ruthma said:
Contract put on member services on Monday but no points yet. I called and they said could be 24-48 hours before points show up. Should be tomorrow. We will see.

Got my points loaded today. I had to call there was a problem they had to fix. It's a little complicated having two different use months but I now have 4 vacations. Gee I'm spoiled.

gluestickgirl · Jul 27, 2016

gharter said:
Congrats on crossing the finish line.
We closed in march of this year, received our membership cards, but never got the membership packet, magents, etc. We have our number and card, so we have the important stuff. The blue card ahs the correct date on it, our digital one still has the wrong date on it.

We never got the membership packet either. We asked about it when we were on the phone with member services about something else, and were told they no longer send them to resale owners. We closed in April, but are pre 4/4.

mustinjourney · Jul 28, 2016

I must say -- dealing with international sellers takes a great deal of patience.

Took them an extra 4 days on the original contract to get the papers back to the agent...and that was with e-sign. Thought about cutting bait right there -- but I was getting a really good deal, so I kept moving forward.

Passed ROFR on July 5th (had to contact title company)
Estoppel done on July 17th (had to contact title company)
received closing documents on July 20th (had to contact them to get ETA)
Sent back signed documents and wired the money on July 21
Started the wait for sellers to sign...

After four days (July 25th), I hadn't heard anything from anyone, so I pinged the agent and title company -- found out seller hadn't made an appointment yet with US embassy.
The earliest appointment available is August 10th :headache:

Needless to say, this one is going to take longer than normal.

Word of advice -- if you contract with an international seller -- ask for a bigger discount -- and make sure the seller is aware they will have to go to additional steps when signing their paperwork -- and make sure the Agent and Escrow people advise the seller to make the appointment with the US embassy as soon as possible -- preferably right after ROFR passes.

Some of this might be because the sellers I'm dealing with are elderly...and some might be because I went with a contract being sold by a timeshare company that doesn't do a lot of DVC contracts.

Either way -- learn from my dealings.

Bill Fenner · Jul 28, 2016

Here's my closing timeline, and a little mystery:

Submitted paperwork April 28
Passed ROFR May 23
Got closing docs June 21
Returned closing docs June 24
Closed July 1
Got membership number July 25th, in a letter dated July 19th.

The little mystery: the contract was sold as a stripped 200-point contract, so I was not expecting to see any 2016 points. However, once I logged on, it turns out there are 271 2016 points in holding! I can't tell if this was an error on the seller's part, a paperwork error on Disney's part, or a little magical gift.

Two other points that I've seen discussed recently:

1. My letter specifically says to call 1-800-800-9800 option 6 to get your account set up. Other people have talked about using option 1 and option 3, I haven't seen a mention of option 6.

2. The letter also specifically mentions http://disneyvacationclub.disney.go.com/membership/membership-card/ for the digital membership card. I have not found a way to get here from the web site (as others have mentioned, the obvious "Membership Identification" link goes to a list of benefits of direct purchases.) The resulting page shows me a card with a white background with a gray DVC watermark.

Tardisblue · Jul 28, 2016

Bill Fenner said:
Here's my closing timeline, and a little mystery:

Submitted paperwork April 28
Passed ROFR May 23
Got closing docs June 21
Returned closing docs June 24
Closed July 1
Got membership number July 25th, in a letter dated July 19th.

The little mystery: the contract was sold as a stripped 200-point contract, so I was not expecting to see any 2016 points. However, once I logged on, it turns out there are 271 2016 points in holding! I can't tell if this was an error on the seller's part, a paperwork error on Disney's part, or a little magical gift.

Two other points that I've seen discussed recently:

1. My letter specifically says to call 1-800-800-9800 option 6 to get your account set up. Other people have talked about using option 1 and option 3, I haven't seen a mention of option 6.

2. The letter also specifically mentions http://disneyvacationclub.disney.go.com/membership/membership-card/ for the digital membership card. I have not found a way to get here from the web site (as others have mentioned, the obvious "Membership Identification" link goes to a list of benefits of direct purchases.) The resulting page shows me a card with a white background with a gray DVC watermark.

We used option 6 to set up our account and also see the white temporary membership card.

cdnjason · Jul 29, 2016

Offer made/accepted: 6/17
Documents signed and sent: 6/17
Passed ROFR: 7/11 (24 days to pass)
Estoppel/Closing docs received: 7/25
Closing docs returned with funds: 7/25
Closed: 7/28
Deed recorded: 7/29

Just waiting for points to show up in account.

disland7 · Jul 29, 2016

Apparently Disney didn't properly sign and notarize our ROFR - so we are still waiting to close. Here's to hoping a cast member will feel bad for me and give me my club id to log on before my packet arrives.

DVCBillyJoeBob · Jul 30, 2016

Just closed, now just waiting for Disney. FYI, this was an international seller who was on top of things. They did not slow the process down at any point.

Offer made/accepted: 6/7
Documents signed and sent: 6/8
Passed ROFR: 7/5 (26 days to pass)
Estoppel/Closing docs received: 7/20
Closing docs returned with funds: 7/21
Closed: 7/26
Deed recorded: 7/26

pepperandchips · Aug 2, 2016

We closed July 12 and deed was recorded July 13. No member number in the mail yet, but found an interesting couple of tidbits in the latest email I received from Disney. I received the "before your arrival" email ahead of a stay at Coronado Springs next weekend - only there were several references to DVC within the email (advertising a DVC Welcome package as the Disney Floral & Gifts advertisement and the DVC Grocery Delivery amenity). I guess the Disney advertising machine has associated me with my new DVC even though I don't have my member number yet...

DisneyHygienist · Aug 2, 2016

DisneyHygienist said:
Oh yes! My wait is finally OVER!! Member # came today! No luck at all over the phone, so I gave up and decided to try and be patient and it came today!! Final timeline
Offer accepted 3/30
Passed ROFR 4/21
Received Closing docs 5/18
Closed 5/26
Member # 6/17

To anyone who was in that crazy 4/4 crisis like me, we finally received member cards yesterday! Now I know for sure we were "grandfathered"

Deb123 · Aug 5, 2016

Some of you may remember that I had the 100 pt BWV contract that passed Disney just fine, but the sellers went MIA and never did send in the closing docs. I was allowed to cancel the contract on July 16th after waiting out the required time on the contract. Just wanted to update that on July 16th we submitted a 100 Beach Club Villa contract to Disney (accepted offer was $100/pt) Well, we passed ROFR today!!!! Faster than I thought, too. We have a delayed closing of Oct 3rd, but hoping it all goes smoothly from here.

Matty B13 · Aug 5, 2016

Deb123 said:
Some of you may remember that I had the 100 pt BWV contract that passed Disney just fine, but the sellers went MIA and never did send in the closing docs. I was allowed to cancel the contract on July 16th after waiting out the required time on the contract. Just wanted to update that on July 16th we submitted a 100 Beach Club Villa contract to Disney (accepted offer was $100/pt) Well, we passed ROFR today!!!! Faster than I thought, too. We have a delayed closing of Oct 3rd, but hoping it all goes smoothly from here.

Glad to hear that Deb, good luck!

pangyal · Aug 6, 2016

Hi everyone! Joining you all on this thread now that I am officially waiting for closing documents, and it's so nice to see all of the familiar faces who dropped off the ROFR thread and never came back to visit :crazy:

!

I am kicking myself so hard I must be black and blue all over, but I didn't ask the sellers to bank points from the Beach Club contract before it went to ROFR, and the banking deadline is September 30th. I am desperately hoping that the process is smooth from here on in so that I can bank them- there are 350 points I don't want to lose from 2016!

So, here is my question- I'm seeing peeps with closing documents sent anywhere from within a week to almost a month. For those of you who had really fast closing document times, were any of them with First American Title? I know that the title company shouldn't really affect the speed, but maybe I can hope...

jsteener · Aug 7, 2016

pangyal said:
Hi everyone! Joining you all on this thread now that I am officially waiting for closing documents, and it's so nice to see all of the familiar faces who dropped off the ROFR thread and never came back to visit !

I am kicking myself so hard I must be black and blue all over, but I didn't ask the sellers to bank points from the Beach Club contract before it went to ROFR, and the banking deadline is September 30th. I am desperately hoping that the process is smooth from here on in so that I can bank them- there are 350 points I don't want to lose from 2016!

So, here is my question- I'm seeing peeps with closing documents sent anywhere from within a week to almost a month. For those of you who had really fast closing document times, were any of them with First American Title? I know that the title company shouldn't really affect the speed, but maybe I can hope...

I had the exact same thing. I passed ROFR on July 22 and had forgotten to ask them to bank 2016 points ( which also had the Sept 30 deadline). I talked to the broker and they just had the sellers bank the points after rofr went through.

pangyal · Aug 7, 2016

jsteener said:
I had the exact same thing. I passed ROFR on July 22 and had forgotten to ask them to bank 2016 points ( which also had the Sept 30 deadline). I talked to the broker and they just had the sellers bank the points after rofr went through.

THANK YOU!!!!

The last time we were in this situation, the broker was actually told by Disney that there was nothing they could do after it had passed ROFR, but I just called our broker for this current contract and she said they have gotten more lenient as the process has gotten so long overall...and she is going to ask the sellers to bank. That is a HUGE relief and I would not have thought it possible if it were not for your post- thank you SO much :cloud9:

!

jsteener · Aug 7, 2016

pangyal said:
THANK YOU!!!!

The last time we were in this situation, the broker was actually told by Disney that there was nothing they could do after it had passed ROFR, but I just called our broker for this current contract and she said they have gotten more lenient as the process has gotten so long overall...and she is going to ask the sellers to bank. That is a HUGE relief and I would not have thought it possible if it were not for your post- thank you SO much !

That is so great! I'm glad I could help! This is my first time going through this, so I had no idea it would have been a problem before! It makes me especially thankful that they are being lenient with it now!

Closing Time!!

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