|08-01-2014, 02:33 PM||#106|
Join Date: Aug 1999
Location: Louisiana, USA
6/5 Offer submitted on 150 point BWV
6/5 seller accepted
6/6 Received contract
6/7 Returned executed contract
6/7 Seller returns contract
6/9 Sent to ROFR
7/11 - Passed ROFR
7/17 - Received closing documents
7/18 - Closing documents and payment FEDEXED to title company
7/22 - Seller returned signed document/closed (sent to OCC and Disney)
7/24 - Shows up on OCC site
7/28 Account added to Disney website but no points loaded
7/29 Points loaded
54 days start to finish.
Our sellers were great. They returned documents very quickly in the beginning and the end.
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
|10-16-2014, 02:35 PM||#107|
Earning My Ears
Join Date: May 2014
This is an Aulani purchase. Seller is in Japan.
5-21 Offer accepted.
5-24 Contract signed by buyer.
6-3 ROFR sent.
6-30 ROFR passed.
8-12 Received buyers paper.
9-8 Seller returns signed paper.
9-15 Recorded in Hawaii.
10-3 Membership letter received.
10-14 Membership ID received.
Overall, took close to 5 month! This is a tad longer than "normal" probably due to the fact that this is an international transaction and the Escrow company is located in Hawaii (and probably work on "island" time).
One interesting thing was that since the sellers are not US based, Uncle Sam and State of Hawaii wanted to withhold 10% and 5% (respectively) of the transaction price for tax on potential gain! Sellers had to hire US based accountant to try to recapture that (assuming they lost money on original purchase).
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