DVC RESALES
DVC RESALES

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Old 09-18-2012, 11:14 AM   #76
nala1128
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Quote:
Originally Posted by twoj View Post
HI All, I have found that seeing people's timelines was very helpful in the resale process... so just wanted to post mine

7/11 - Offer placed on Contract #1 and accepted
(300pts, Mar UY, @$67pp 50/50 maint fees and buyer pay closing)(asking: $69pp)
7/18 - Deal fell through due to points not as stated
7/19 - Offer placed on new Contract #2, seller contered, we stoped negotiating (350pts, Dec UY, @$66pp 50/50 maint fees and buyer pay closing)(asking: $73pp)
7/19 - Offer placed on contract #3, seller accepted but we cancelled due to UY (same offer as contract #1 but with an April UY)
7/19 - Contract #4 offer placed, seller accepted offer
(400pts, Mar UY, @$66pp seller pays maint fees and buyer pay closing)(asking: $69pp)
7/20 - Contract received from broker
7/20 - Sent signed contract to broker and title co.
8/13 - Passed ROFR
8/21 - Received closing documents
8/30 - Purchase closed
8/31 - showed up on conty website
9/12 - Received first e-mail from Disney but not in their system with points
9/15 - Received letter from DVC with membership number. Called member services and was set up online using my disneyworld.com login
9/16 - Booked first DVC trip - Yea!

CONGRATS to you Thanks for posting this, It gives a good idea of what to expect at the end of the process

The Title company received our closing docs and payment on 9/12. As of yesterday, they were still waiting for the seller to get their closing docs back. Looks like I have a few more weeks before I will be set up an able to book. Resale is a long process, but I am glad that we are almost at the end of it too!!
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Old 09-18-2012, 03:36 PM   #77
belias21
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Now that we're on the victory lap, here's our timeline.

7/27 - Offer presented (100 OKW)
7/27 - Offer accepted and all paperwork signed and returned
7/30 - Sent to Disney for ROFR
8/28 - Disney waives ROFR
9/6 - I receive closing docs
9/7 - Signed and returned with payment
9/17 - Seller's documents received at title company
9/18 - Closed!!
9/18 - Already listed on the OCC website

Looks like we have another week or two until I can call MS, right?
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Old 09-18-2012, 03:45 PM   #78
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Mine thus far-

July 23-made offer on a loaded 170 point BLT contract
July 23- seller accepted
July 24- I send signed contracts back
July 31- Seller returns contract
July 31-Sent to ROFR
August 28-Passed ROFR
September 6 - Received closing documents
September 7 - FEDEXED signed documents and payment to title company
Still waiting on seller to return information to title company.
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Last edited by GOOFY D; 09-19-2012 at 04:45 PM.
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Old 09-18-2012, 03:58 PM   #79
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Quote:
Originally Posted by belias21

Looks like we have another week or two until I can call MS, right?
Give it a week and then call. Mine took a week from closing. There have been recent reports of it taking longer, in the 10-14 day range.

Sent from my iPhone using DISBoards App please excuse any typos.
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Old 09-18-2012, 08:04 PM   #80
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Im almost there...BCV 250 points, March UY. Ok so here is my official timeline thus far:

July 26 - offer made and accepted.
August 1 - received contract
August 3 - contract returned with deposit
August 7 - went to Disney for ROFR
September 4 - informed of ROFR waiver
September 16 - received closing documents
September 17 - closing docs and certified check overnighted to closing company

WAITING......I have no idea what to expect now...I've e mailed the closing company and never got an answer. Can anyone enlighten me?
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Old 09-18-2012, 09:21 PM   #81
belias21
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Originally Posted by michelleiada View Post
WAITING......I have no idea what to expect now...I've e mailed the closing company and never got an answer. Can anyone enlighten me?
Unfortunately, it's pretty much in the seller's hands now. For me, it was about 10 days from this step until the title company had their paperwork too.
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Old 09-18-2012, 10:22 PM   #82
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Quote:
Originally Posted by michelleiada
WAITING......I have no idea what to expect now...I've e mailed the closing company and never got an answer. Can anyone enlighten me?
My understanding is that at this point the sellers' paperwork is somewhat involved (needs to be notarized), so it will likely take longer than yours, even if there is no "messiness" involved (living in separate households, etc.).
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Old 09-19-2012, 08:23 AM   #83
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I can finally post an official timeline!

We had a bit more complicated one since we changed home resorts. But start to finish 4 months doesn't seem too bad!

4/30-three night trip to HHI----came home wanting to add on
5/1-5/18-searching resales for a 'small' add-on, didn't find one that would work so we opted to sell our BWV contract to add more pts at HHI
5/31 ish- had a contract on our BWV pts, sent to ROFR
6/18 ish- found out the BWV contract passed ROFR
6/21 ish- put an offer on a HHI contract, sent to ROFR
7/5-found out we lost HHI contract to ROFR
7/8-put offer on another HHI contact
7/15-contract sent to Disney for ROFR
7/18 ish--closed on BWV contract
8/1 ish--received check for BWV sale
8/6--found out we PASSED ROFR on HHI contract
8/27-closed on HHI contract
9/14-MS found new contract in system
9/15-could make a reservation
9/18-had points and all loaded into our online account!!

So we sold one, bought another, increased our points and scored a June reservation at HHI all in about 4 months. And now we have Summers at the beach to look forward to the next 30 years....
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Old 09-19-2012, 09:49 AM   #84
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My timeline

Found listing & made offer & accepted 7/26
Signed contract by both (S&B) 7/30
Submitted to Disney for ROFR 7/31
ROFR waived 8/28
Closing documents received & sent back overnight 9/6
My documents received by title company (still waiting on seller) 9/7
Name showed up on OCC website 9/11
Received an email from Fidelity & title co. that we closed 9/12
Called Member Administration to check on contract 9/19
Was told that we were entered into the system yesterday 9/18
YAY!!! We're in the system! All that is left to do is set up online account.
*Got confirmation from MS that we can get member IDs onsite*
So all in all it took less than 2 months from start to finish - not too bad. Sharon & Evy are great!

Thank you to all here who helped me get through this process.
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Old 09-19-2012, 03:58 PM   #85
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Originally Posted by PhillyCPA View Post
Going to post my timeline for reference and so I can continue to keep track...

8/9 - Sent offer to TSS
8/10 - Offer accepted by buyer and we received the contract
8/13 - Mailed contract along with deposit
8/14 - Contract sent to Disney for ROFR
9/12 - Received waiver of ROFR
9/13 - Received closing documents
9/17 - Closing documents and final payment sent off

Now we're in the waiting game to hear that we closed and to get entered into the system. Hoping we can be in the system by 10/8 so we can use our 7 month window for an upcoming trip
Just got my "Welcome Home" email and I was told that my escrow had closed and we are officially Disney Vacation Club members. I went on to the OC Comptroller website and we are already showing up in the system.

So two questions for you DVC experts:
1.) How long will it take to get a membership number and for the points to load in the system?
2.) When would we be able to go to SSR and get membership cards printed? We are going to be in Orlando Friday to Monday and would pop in if this was possible.

Thank you all for your help. We are almost there!
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Old 09-19-2012, 04:47 PM   #86
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Mine thus far (updated)-

July 23-made offer on a loaded 170 point BLT contract
July 23- seller accepted
July 24- I send signed contracts back
July 31- Seller returns contract
July 31-Sent to ROFR
August 28-Passed ROFR
September 6 - Received closing documents
September 7 - FEDEXED signed documents and payment to title company
September 19 - Seller returned signed document/closed (sent to OCC and Disney)
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Last edited by GOOFY D; 09-21-2012 at 10:21 PM.
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Old 09-21-2012, 08:28 AM   #87
belias21
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Just curious on something as this is my first rodeo.

We closed earlier this week and got our Welcome Home email from the title company. I know that folks say they've called MS to see if they had their information. I'll be calling soon (probably Monday - I'm thinking today might be too soon), but I'm curious... what do I ask them??
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Old 09-21-2012, 09:16 AM   #88
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Originally Posted by belias21 View Post
Just curious on something as this is my first rodeo.

We closed earlier this week and got our Welcome Home email from the title company. I know that folks say they've called MS to see if they had their information. I'll be calling soon (probably Monday - I'm thinking today might be too soon), but I'm curious... what do I ask them??
Wait until it's been a week since your contract closed and showed up on the OCC site. Then call either Member Services or Member Administration (I had luck with Member Admin., others have had more luck with MS). Have your contract number and previous owners' names on hand and ask for your member number and help setting up your online account.
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Old 09-21-2012, 09:31 PM   #89
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Still waiting for the sellers to return the closing documents! Ho Hum!
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Old 09-21-2012, 10:21 PM   #90
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Originally Posted by Missyrose View Post
Wait until it's been a week since your contract closed and showed up on the OCC site. Then call either Member Services or Member Administration (I had luck with Member Admin., others have had more luck with MS). Have your contract number and previous owners' names on hand and ask for your member number and help setting up your online account.
How long should it take to show up on OCC site? It looks like no more than 2 business days from closing on most timelines I have seen. Is that the norm?
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1988 - Polynesian * 1995 - Carribean Beach * 1996 - All Star Sports * 1997 - Candy Cane (Disneyland) * 1998 - All Star Music * 1999 - Contemporary * 1999 - Contemporary * 2000 - Disney Wonder /Coronado Springs * 2000 - All Star Sports * 2001 - Disney Magic (Eastern) * 2002 - Disney Magic (Western) * 2003 - All Star Movies * 2004 - Disney Magic (Eastern-San Juan) * 2006 - Contemporary * 2006 - Coronado Springs * 2007 - All Star Sports/Animal Kingdom Lodge * 2008 - All Star Sports * 2009 - Disney Magic (Western) * 2009 - All Star Movies * 2010 - Disney Magic (Eastern) * 2011 - All Star Sports * 2012 - Disney Fantasy (Western) * 2013 - Animal Kingdom Villas-Kidani * 2013 - Bay Lake Tower * 2014 - Boardwalk Villas
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