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Old 04-05-2013, 12:49 PM   #1
RSWA2's Avatar
Join Date: Feb 2013
Posts: 350

2 resale purchase timelines

Here are 2 recent timeline purchases from different resale companies and locations, hopefully this helps and provides some timeline guidance for prospective buyers.

Day 1: Offer found and eventually agreed and settled on a final price.
Day 2: Documents received from TSS ("Disclosure Notice"/"Deposit receipt and contract for Sale and Purchase"/"Important Notice")
Day 3: Signed documents sent back via email. Also mailed back documents with the deposit check (10% of purchase price)
Day 6: Mailed items received by TSS and they forwarded the check to the title Company
Day 7: TSS received Seller's documents
Day 8: Sent to Disney for ROFR
Day 10: Title company emailed "Buyer Open Escrow" documentation. Signed and emailed back to title company.
Day 34: Notified by TSS that Disney has waived their right to purchase.
Day 41: Closing documents emailed by Title Company. Signed, got cashier's check, mailed back.
Day 46: Notified by Title Company that they received my closing documents and cashier's check. Nothing sent by the sellers yet.
Day 49: Notified by Title Company that they closed my file today and sent it to be recorded.
Day 50: I see the Warranty Deed from the Sellers and the waiver of ROFR from Disney on the Orange County website
Day 61: Called MA, they said the letter was mailed out to me on two days ago and I would have to wait for the Member ID from the letter. It could take up to 2 weeks
Day 67: Received letter from DVC with member ID.
Day 68: Call MA, received login info and was able to login to the DVC member site

Day 1: Offer found and Fidelity contacted
Day 2: Offer accepted by seller
Day 4: Submitted contact information to Fidelity Resales
Day 7: Resale Contract documents received from Fidelity Resales
Day 8: Contract documents and credit card info emailed to Fidelity for deposit of $1000
Day 9: Fidelity sent to Disney for ROFR
Day 33: Notified by Fidelity that Disney has waived their right to purchase.
Day 37: Closing documents received from Title Company
Day 39: Mailed closing documents and cashiers check.
Day 44: Notified by Fidelify Resales, that they closed today.
Day 46: Deed shows up on the Orange County Website
Day 63: Received copy of title from title company and Received DVC letter with member ID.
Day 64: Called MA and now able to log in to member site
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