DVC RESALES
DVC RESALES

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Old 07-01-2013, 12:23 AM   #3241
annmarieda
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Originally Posted by moreisgood View Post
If your deed is not yet recorded, something is wrong. CALL THE TITLE COMPANY and don't feel bad about doing it.

I had a contract close on Friday, 6/21 with TSS and it was recorded on Monday 6/24. That was good! But...

That's when the alarm bells went off for me. I had another contract with Fidelity, that closed 6/12 and still hadn't shown up as recorded, nor did Disney have any record of it. So, for 2 days, I sent multiple e-mails. Yesterday, I started calling anyone I had a phone number for (Broker, various people at the title company). It took all day to find out that Disney had done their part of the paperwork wrong, and my contract was into someone's in bin, at the courthouse, where it had sat for 2 1/2 weeks! Who knows how long it would have sat if I had continued to be patient.

The title company is assuring me that they can fix this on Monday, but I want to use those points to book a November vacation, and not the points that will come through first. And Disney has had the recorded contract for 5 days, but hasn't assigned a member number yet. I'm hoping for next week.

So, I bought 3 contracts - the last one 30 days after the first one. The last one has settled, and is on Orange County's website, the second one is delayed by a Disney/courthouse snafu, and the first one - well, that seller moved overseas, and didn't bother to tell anyone. And no one at the title company tried looking for them for over 30 days, till I called. Still, I'm hopeful about that one.

Would I buy resale again? In a heartbeat. But, you really need to stay on top of these service providers, and don't feel bad at all about bothering anyone.
Oh my! Your story has me seriously worried now!!! I just hoped that this was normal. Dh has been worried though. To him it feels like we sent off a large some of money and have nothing to show for it. I am beginning to agree.

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Originally Posted by NoleFan View Post
Yikes!! I would check with your broker. Our 2nd contract- offer submitted 4/22 and we closed the 1st week of June. Points already loaded & member cards received. This was with TSS & Magic Vacation Title. Service was superior & fast. Our first choice for resale.
ACK... you too have me worried. I guess it is good I am going to be up very early tomorrow cause I will need to make some calls!!!!
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Old 07-01-2013, 04:54 PM   #3242
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Today on our extended closing date, we were notified the seller backed out!!!! Cannot believe it...we waited months for an extended closing date and they back out. The offer was made April 8 and they had plenty of time to figure it out.

I guess it's back to resale shopping but costs have increased since April.

Has anyone else experienced this? How long to get $ back? We paid both a deposit and closing total.

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Just to let everyone know, we received our deposit and payment in full today from the title co. At least our money was returned quickly!

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Old 07-01-2013, 04:59 PM   #3243
moreisgood
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Quote:
Originally Posted by moreisgood View Post
If your deed is not yet recorded, something is wrong. CALL THE TITLE COMPANY and don't feel bad about doing it.

I had a contract close on Friday, 6/21 with TSS and it was recorded on Monday 6/24. That was good! But...

That's when the alarm bells went off for me. I had another contract with Fidelity, that closed 6/12 and still hadn't shown up as recorded, nor did Disney have any record of it. So, for 2 days, I sent multiple e-mails. Yesterday, I started calling anyone I had a phone number for (Broker, various people at the title company). It took all day to find out that Disney had done their part of the paperwork wrong, and my contract was into someone's in bin, at the courthouse, where it had sat for 2 1/2 weeks! Who knows how long it would have sat if I had continued to be patient.

The title company is assuring me that they can fix this on Monday, but I want to use those points to book a November vacation, and not the points that will come through first. And Disney has had the recorded contract for 5 days, but hasn't assigned a member number yet. I'm hoping for next week.

So, I bought 3 contracts - the last one 30 days after the first one. The last one has settled, and is on Orange County's website, the second one is delayed by a Disney/courthouse snafu, and the first one - well, that seller moved overseas, and didn't bother to tell anyone. And no one at the title company tried looking for them for over 30 days, till I called. Still, I'm hopeful about that one.

Would I buy resale again? In a heartbeat. But, you really need to stay on top of these service providers, and don't feel bad at all about bothering anyone.
Title company made good on their word, and the contract showed up on Orange County's website late this afternoon! Yay! Still no membership number assigned at Disney yet (only 7 days so far) from the first contract.
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Old 07-01-2013, 05:31 PM   #3244
balletgirl2
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Can anyone direct me where to see if my deed is recorded. I closed 6/19. I don't know which website to look at.
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Old 07-01-2013, 05:36 PM   #3245
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Originally Posted by balletgirl2 View Post
Can anyone direct me where to see if my deed is recorded. I closed 6/19. I don't know which website to look at.
As long as you purchased at one of the WDW DVC locations, you can check the Orange County Comptroller site: http://or.occompt.com/recorder/eagleweb/docSearch.jsp

(It is in the sticky at the top of this forum.)
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Old 07-01-2013, 07:17 PM   #3246
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Just passed ROFR today. Submitted 6/5/2013, passed 7/1/2013. 2 SSR 150 (Aug) point contracts at $65 a point, all 2014 points and onward.

So excited! We are planning to get a treehouse in January of 2015, and my husband and I head down in 2 weeks for our recon trip, which will also be our first stay at our new home.
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Trip report from our first DVC trip: http://www.disboards.com/showthread.php?t=2864556
Plus our Anniversary Vacation: http://www.disboards.com/showthread.php?t=2954701
Trip report with a potty training toddler: http://www.disboards.com/showthread.php?t=2987412
I survived a trip with MIL: http://www.disboards.com/showthread.php?t=3040750
A Magic Kingdom Ultimate Tour Adventure http://www.disboards.com/showpost.ph...92&postcount=1
First trip with Magic Bands http://www.disboards.com/showthread.php?t=3170056
Post Holiday Trip Report http://www.disboards.com/showthread.php?t=3201404
Non-Fancy Fanatics at VGF http://www.disboards.com/showthread.php?t=3268362
Sept '03 (All Star Sports, DH's first trip) || March '04 (Travelodge) || March '05 (Star Island) || XMAS '06 (All Star Vacation Home) || March '07 (POP, Deluxe Dining Plan) || March '09 (POP) || June '09 Disney Land || April '11 (All Star Vacation Home, DS's first trip-14m) || January '12 (OKW, first DVC trip) || July '12 (Boardwalk, Anniversary Trip) || Sept '12 (AKV) || Jan '13 (AKV) || July '13 (SSR, Anniversary Trip) || September '13 (SSR) || January '14 (Boardwalk, AKV) || May '14 (VGF and Expedition Everest Challenge)

Last edited by DisneyRegulars; 07-01-2013 at 07:36 PM.
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Old 07-01-2013, 07:20 PM   #3247
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Congrats :-)
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Old 07-01-2013, 07:31 PM   #3248
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Passed ROFR...

150 BLT (Feb), $100, all 2012 points and forward (sub 6/8, passed 7/1)
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Old 07-01-2013, 07:57 PM   #3249
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Passed ROFR...

150 BLT (Feb), $100, all 2012 points and forward (sub 6/8, passed 7/1)
Happy dancing with you!
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Trip report from our first DVC trip: http://www.disboards.com/showthread.php?t=2864556
Plus our Anniversary Vacation: http://www.disboards.com/showthread.php?t=2954701
Trip report with a potty training toddler: http://www.disboards.com/showthread.php?t=2987412
I survived a trip with MIL: http://www.disboards.com/showthread.php?t=3040750
A Magic Kingdom Ultimate Tour Adventure http://www.disboards.com/showpost.ph...92&postcount=1
First trip with Magic Bands http://www.disboards.com/showthread.php?t=3170056
Post Holiday Trip Report http://www.disboards.com/showthread.php?t=3201404
Non-Fancy Fanatics at VGF http://www.disboards.com/showthread.php?t=3268362
Sept '03 (All Star Sports, DH's first trip) || March '04 (Travelodge) || March '05 (Star Island) || XMAS '06 (All Star Vacation Home) || March '07 (POP, Deluxe Dining Plan) || March '09 (POP) || June '09 Disney Land || April '11 (All Star Vacation Home, DS's first trip-14m) || January '12 (OKW, first DVC trip) || July '12 (Boardwalk, Anniversary Trip) || Sept '12 (AKV) || Jan '13 (AKV) || July '13 (SSR, Anniversary Trip) || September '13 (SSR) || January '14 (Boardwalk, AKV) || May '14 (VGF and Expedition Everest Challenge)
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Old 07-01-2013, 08:20 PM   #3250
dmunsil
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Passed ROFR...

150 BLT (Feb), $100, all 2012 points and forward (sub 6/8, passed 7/1)
Congratulations!
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Old 07-01-2013, 08:23 PM   #3251
balletgirl2
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Quote:
Originally Posted by DannysMom View Post
As long as you purchased at one of the WDW DVC locations, you can check the Orange County Comptroller site: http://or.occompt.com/recorder/eagleweb/docSearch.jsp

(It is in the sticky at the top of this forum.)

Thank you! I always overlook the sticky.

It posted the day after I closed. Now I'm patiently waiting for my member ID.
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Old 07-01-2013, 08:43 PM   #3252
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150 pt SSR $68/pt sent to Disney 6/5 and just got the email that we passed ROFR! Now another 10 days to receive our closing documents. Used TSS and they have been great!
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Old 07-01-2013, 08:47 PM   #3253
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resale timeline

Already on the list but thought I would update my timeline for anyone waiting for closing and member ID's. It was helpful for me to have a comparison as I was waiting...

This was for a 150 pt OKW contract, Jun UY at 58 ppt, 117 '13 points and all forward, seller pays mf for used points and buyer pays mf for 117 pts. We purchased through TTS and Magic Vacation Title who were both fantastic to work with, very responsive and answered all my questions...

Here is Timeline:

5/18 - submitted offer
5/18 - offer accepted
5/19 - signed and returned documents
5/19 - submitted to Disney for ROFR
6/10 - passed ROFR
6/17 - escrow closed
6/18 - on OC website
6/29 - received member number in mail
6/30 - made first reservation
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*May 2012 - Coronado Springs* *July 2012 - Pop Century* *December 2012 - All Star Sports* *March 2013 - Pop Century* *July 2013 - AKV, OKW, and BLT* *September 2013 - OKW and SSR* *December 2013 - Pop Century, Old Key West and WLV* *March 2014 - Animal Kingdom Villas Jambo and Kidani*
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Old 07-01-2013, 08:48 PM   #3254
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Updated the list

http://www.disboards.com/showthread....01288&page=162
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Old 07-01-2013, 08:50 PM   #3255
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JWG---50 BLT (Aug), $105, 0 '13 points and all points forward, buyer pays closing, seller pays mf (sub 6/5)
Notified we passed ROFR by TTS today (7/1). Must be pushing through a day early with the 7/4 holiday, thought we might hear tomorrow.

This is our 5th contract (3 of 50 points or less), 3 via direct and 2 resale. So far so good with the resellers. We'll see how the closing company does as our escrow documents were wrong and had to be corrected.

Hopefully only another 3 weeks or so between closing and point loading.
Not that it matters, we don't get points until 8/14.
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