how long does it take after ROFR to Close?

Discussion in 'Purchasing DVC' started by goofydad621, May 2, 2013.

  1. goofydad621

    goofydad621 DIS Veteran

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    I was just wondering how long it takes from the ROFR step to actually closing and transfers of funds?

    Thanks in advance

    Dave Goofydad Dionne:goofy:
     
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  3. Minniesgal

    Minniesgal DIS Veteran

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    2-3 weeks depending on circumstances.
     
  4. goofydad621

    goofydad621 DIS Veteran

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    Great info thanks
     
  5. cm8

    cm8 <font color=blue>Half of the time we're rushing ar

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    my original closing date was the 24th of April. It did not even take that long:confused3 I closed 3 days after ROFR was waived. Here is my timeline

    2/25 Offer accepted, contract emailed, received and sent back
    3/01 Received message deposit was received
    3/05 advised that contract was sent to ROFR
    3/11 received escrow and closing info from MVT
    3/15 advised closing info (my file) were received via overnight mail
    4/02 Passed ROFR
    4/03 Deed filed
    4/04 Closing Documents received via email
    4/05 Closing documents overnight-ed with final payoff
    4/09 Contacted by MVT that escrow and account closed
    4/11 Disney notified change of ownership completed
    4/20 Disney recognizes us in system, calls as name was spelled two
    ways, needed clarification. account created, member number issued
    4/23 Set up DVC online account, booked first DVC visit
    4/24 received member number with corrected info in mail
    :yay:
     
  6. Minniesgal

    Minniesgal DIS Veteran

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    you were lucky it took 7 days to get closing documents to me. I passed ROFR on the 13th of April and still haven't closed.
     
  7. cm8

    cm8 <font color=blue>Half of the time we're rushing ar

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    :scared1::scared1::hug:
     
  8. Pirate Granny

    Pirate Granny DIS Veteran

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    Pass ROFR on Tuesday...waiting on closing docs..offered accepted on the 3rd, Passed ROFR on the 30th....:banana:
     
  9. cm8

    cm8 <font color=blue>Half of the time we're rushing ar

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    :wave2:pixiedust::cheer2::dance3:
     
  10. lchute1158

    lchute1158 Mouseketeer

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    I passed rofr on Monday and got the closing docs Friday... And fedex them back Friday afternoon.
     
  11. dbs1228

    dbs1228 DIS Veteran

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    We passed ROFR (I am the seller) on 3/27 closed on 4/24 and the points are still sitting in my account. We are waiting for the funds - :coffee: I was told that the funds will not be sent until point transfer is done. I wish Disney would hurry up and take the points so I can get the cash!
     
  12. Minniesgal

    Minniesgal DIS Veteran

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    We were notified about ROFR three weeks ago today but are still waiting for the sellers to return documents so we can close.
     
  13. NoleFan

    NoleFan DIS Veteran

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    We passed ROFR approx. 2 weeks ago & got our closing documents soon after. Returned ours along with check & now waiting over a week for sellers to return theirs. Very frustrating.
     
  14. wordwitt

    wordwitt Mouseketeer

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    I bought two resale contracts. In both cases, closing paperwork was sent to me within 3 days after passing ROFR. One of my contracts has closed, and the other, 2 weeks later, is still missing seller's paperwork. It was interesting because the sellers of my first contract had the paperwork in before me! And I thought I was pretty speedy. (Through TSS and Magic Vacation Title)
     

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