Closing Timeline?

Discussion in 'Purchasing DVC' started by goodtmz37, Mar 27, 2013.

  1. goodtmz37

    goodtmz37 Earning My Ears

    Joined:
    Aug 19, 2011
    Messages:
    60
    We sent out certified check in to TT&M on Monday via Fed-ex and tracking says they received it on Tuesday. Anyone know how quickly the closing process should take? We've not heard from the broker yet concerning the receipt of the check, so it's making me a little nervous!
     
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  3. PCMama

    PCMama Mouseketeer

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    Why don't you call the closing company and ask?
     
  4. lovin'fl

    lovin'fl DIS Veteran

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    Jun 7, 2011
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    We just closed not long ago. Here was our timeline:
    1/19-1/20- Made offer and negotiated
    1/21- contract e-mailed and signed and sent back with deposit
    1/22- contract sent to ROFR
    2/20- passed ROFR
    2/27- closing docs received, signed and overnighted back with final payment
    2/28- our docs and payment received by closing company
    3/8- deed recorded on orange county website (I did not look this up until 3/18 though)
    3/11- notified by broker that we closed
    3/19- see AKV showing up on DVCmember.com under our existing membership (HH points) in the morning and w/in a few hours points were loaded. We booked a Xmas trip by 3pm (2BR and studio at AKV-Kadani).
     
  5. GOOFY D

    GOOFY D DIS Veteran

    Joined:
    Aug 22, 1999
    Messages:
    879
    Here is my timeline on my recent BWV purchase-


    1/11 - Submitted full price offer on 150 point BWV
    1/23- FINALLY received correct contract and email back (w/ CC deposit)
    2/19 - Disney waived ROFR
    2/28 - Received closing documents
    2/28 - Closing documents and payment FEDEXED to title company
    3/12 - Seller finally sends in closing documents
    3/13 - Informed that sale has closed
    3/25 - Account setup and points loaded

    73 days start to finish.
     
  6. emgal

    emgal Earning My Ears

    Joined:
    Feb 5, 2013
    Messages:
    10
    It took us a week to close once funds were sent.

    I wired the money on a Tuesday (3/5) and received an email the next Monday (3/11) that everything had been closed and sent to Disney for the final transfer. It took that long for them to receive the documents from the Seller.

    I'm still waiting on my new member packet. I'm not really sure when to expect that, since we're not already in the system as DVC owners.
     
  7. lovin'fl

    lovin'fl DIS Veteran

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    I got my member # letter in the mail on March 25 (though I already knew our member #).
     
  8. emgal

    emgal Earning My Ears

    Joined:
    Feb 5, 2013
    Messages:
    10
    Mine actually arrived today!

    Totally anti-climatic though. Just a letter. No "Welcome to the Disney Vacation Club! Here is your new member number and a list of all the cool new things you can do with said number!"

    Can I call member services to get the website login info? Or do I have to wait for more paperwork before I can create the login?

    Not in a rush to make reservations. Just antsy to play the "what-if" game.
     
  9. lovin'fl

    lovin'fl DIS Veteran

    Joined:
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    I think you can call and make a resie now...and you should be able to call to get info on how to set up member website log in. Congrats on becoming a new member...welcome home!
     

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