Closing timetable

Discussion in 'Purchasing DVC' started by kstorms27, Mar 20, 2012.

  1. kstorms27

    kstorms27 Mouseketeer

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    So we finaly sent in our closing documents today with our payment. My question is what's the timetable from now until we can finally make some reservations? :confused3
     
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  3. Missyrose

    Missyrose DIS Veteran

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    I sent back my closing documents and money on Feb. 23, I was informed my contract had closed on March 6 and my membership information and points were loaded into the Disney system today (finally, wuh-hoo! :woohoo:). Granted there was a bit of a goof up where the title company said they'd sent Disney the paperwork and Disney said it never received it, so that tacked on and extra three or four business days.

    I hope things speed along for you! Sending a little pixie dust your way. pixiedust:
     
  4. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    The average time is 60 days from start to finish.

    :earsboy: Bill
     
  5. fmer55

    fmer55 DIS Veteran

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    and is that start date considered the day you enter rofr?
     
  6. dcfromva

    dcfromva <a href="http://www.wdwinfo.com/dis-sponsor/index.

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    It depends on how soon the sellers get the closing docs in. It could take as little as one day to close once both parties have submitted the paperwork.
    Then the deed has to be recorded. This could take as little as one more day. You can look on the Orange County web site and search for your name to entertain yourself while you are waiting (this will give you an idea as to where you are in the process).
    The final hurdle is Disney has to load your membership into their system. I was told that this is only done by one person on Sunday, Monday and Tuesday (I'm not sure how accuarate this is--maybe someone was on vacation or something). Anyway, I have also heard of new members calling in and asking to get their points loaded (one they are sure the deed has been recorded). So, maybe you could speed this process along.
     
  7. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    From acceptance of offer to points loaded.

    Sellers location, time of year, number of contracts being processed can impact your time line. Disney will take their time IMO because you bought resale.

    You will have years and years to enjoy your ownership so waiting a couple of months to save thousands of dollars is nothing.

    :earsboy: Bill
     

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