Our Timeline

Discussion in 'Purchasing DVC' started by Minnies Dad, Feb 15, 2013.

  1. Minnies Dad

    Minnies Dad Earning My Ears

    Joined:
    Jan 19, 2013
    Messages:
    61
    I just made our first reservation using our new DVC Membership. Our timeline was:

    Thurs 1/3: Made offer, received counter, made counter which was accepted.

    Fri 1/4: Signed contract and mailed in Escrow Deposit

    Tues 1/29: Disney waived ROFR

    Thur 1/31: Received closing documentation

    Sat 2/2: Mailed documents and check back.

    Tues 2/5: Escrow Closed.

    Fri 2/15 (today): Called DVC for the first time and they gave me my Member Number and ID (I wonder if it was available earlier?). I then logged on and made my first reservation.

    Total time from making our first offer to making our first reservation was 43 days. We worked with Jerry at the Timeshare Store and Magic Vacation Title.
    We had no problems or hiccups along the way, was easy and painless.
     
  2. Avatar

    DIS Sponsor The Official Ticket Center is Orlando’s #1 discount attraction ticket agency, selling millions of Walt Disney tickets around the world.



    to hide this adverts.
  3. lodge

    lodge DIS Veteran

    Joined:
    Dec 8, 2012
    Messages:
    850
    congratulations
     
  4. kenspidey

    kenspidey Mouseketeer

    Joined:
    Feb 5, 2013
    Messages:
    235
    Wow. That's great. Congrats. I hope mine goes through that fast
     
  5. Minnies Dad

    Minnies Dad Earning My Ears

    Joined:
    Jan 19, 2013
    Messages:
    61
    Thanks everyone. Good luck kenspidey.
     
  6. ELMC

    ELMC DIS Veteran

    Joined:
    Jul 4, 2011
    Messages:
    1,981
    That is a crazy fast timeline, congrats. I only hope that others reading this don't think of this as the norm, or there will be problems.
     
  7. Minnies Dad

    Minnies Dad Earning My Ears

    Joined:
    Jan 19, 2013
    Messages:
    61
    Yes, from my research here, I was surprised at how quick everything clicked along. Timeshare Store and Magic Vacation Title were right on top of things, and kept things moving. The seller also returned his documents as quick as I did mine. So I guess if everyone is motivated in the same direction, you can get through at this speed.
     
  8. savannahcat

    savannahcat DIS Veteran

    Joined:
    Mar 27, 2008
    Messages:
    640
    I made an offer yesterday (2/15) morning, e-mailed signed paperwork last night, and today (2/16) we have already been notified that the contract was submitted for ROFR. I am hoping the rest of the process goes as quickly! (Also using Timeshare Store.)
     
  9. Minnies Dad

    Minnies Dad Earning My Ears

    Joined:
    Jan 19, 2013
    Messages:
    61
    Congrats.
     
  10. GOOFY D

    GOOFY D DIS Veteran

    Joined:
    Aug 22, 1999
    Messages:
    877
    Wow, that was quick. Mine so far-

    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

    So it has taken me about the same time to get through ROFR as it took you to complete and book a reservation. Ha!
     
  11. Minnies Dad

    Minnies Dad Earning My Ears

    Joined:
    Jan 19, 2013
    Messages:
    61
    Good luck Goofy, I hope it goes quicker from here on for you.
     
  12. jenbelles

    jenbelles Mouseketeer

    Joined:
    Feb 15, 2013
    Messages:
    86
    We were submitted to Disney on 2/14! Hopefully we both get good news!!!
     
  13. GOOFY D

    GOOFY D DIS Veteran

    Joined:
    Aug 22, 1999
    Messages:
    877
    Updated-

    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

    still waiting for seller to return closing documents to close...
     
  14. GOOFY D

    GOOFY D DIS Veteran

    Joined:
    Aug 22, 1999
    Messages:
    877
    Updated...

    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

    Waiting on OCC recordation and setup with Disney
     
  15. wiigirl

    wiigirl DIS Veteran

    Joined:
    Oct 29, 2012
    Messages:
    15,980
    congrats! Looks great! :goodvibes
     
  16. bakerworld

    bakerworld DIS Veteran

    Joined:
    May 24, 2010
    Messages:
    745
    this is why we hesitate at resale: you've spent the $$ but still have no product. Sure your product is there just not available to you.
     
  17. Sandisw

    Sandisw Moderator Moderator

    Joined:
    Nov 15, 2008
    Messages:
    9,826
    True...but in our case, we just closed this week on our newest 100 BLT points...we started the process on January 27th and hope to have these added to our account within this next week. Since we already have our 2013 trips booked and set, waiting the extra time to have access to the points was well worth the $7000 we saved over what it would have cost to buy direct and have immediate access to points.

    As long as someone plans for the 2 month time frame for resale, then it can make the savings worth it.
     
  18. GOOFY D

    GOOFY D DIS Veteran

    Joined:
    Aug 22, 1999
    Messages:
    877
    Yeah, but if someone told me I could buy a car on the lot today for say $18,000 or wait for the next shipment to come in about 60-70 days later and get one for $9,000, I think I would wait.
     
  19. JMW123

    JMW123 Earning My Ears

    Joined:
    Jan 23, 2013
    Messages:
    72
    FYI for all those newbies waiting on the contracts and wondering the timeline (I was one of you up until a few hours ago).

    1/22 Offer/Counter Offer on BCV 210 Pts
    1/23 Signed and Sent to ROFR
    2/20 Passed ROFR
    2/28 Received Closing Docs Signed and Over-nighted Bank Check
    3/6 Seller Submitted Closing Docs
    3/7 Closed and sent to Disney for Transfer
    3/13 Started calling CM to see if I was in system, but I was not
    3/18 Member ID in System but no points (Got ID over the phone told would be 5 to 7 days for Points to Load)
    3/19 Got Activation code for website and points were loaded (Not 5-7 days like CM indicated)

    So, Just a hair under 2 months with one of those months being Feb.

    I used a broker whose name is not allowed on this site.

    Now off to book
     
  20. buckeyejennifer

    buckeyejennifer Mouseketeer

    Joined:
    Mar 31, 2009
    Messages:
    168
    I'm getting nervous now. My parents closed on 3/4 and are still (as of this afternoon) not in the system with DVC. Any advice?
     
  21. kenspidey

    kenspidey Mouseketeer

    Joined:
    Feb 5, 2013
    Messages:
    235
    Call your broker ... They can call Disney
     

Share This Page