Our Timeline

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

  1. bakerworld

    bakerworld DIS Veteran

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    May 24, 2010
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    :stir:
     
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  3. jonesmatNY

    jonesmatNY Mouseketeer

    Joined:
    Mar 2, 2003
    Messages:
    140
    Keep in mind, the seller also doesn't get the funds until everything is completed at Disney, in our case, we got notified that our sale closed on 3/19. Its been recorded on the OCC site and our DVC Member Account(online) shows the contract pulled. So I guess there is a lot of faith in the Title company from the Seller and the Buyer perspectives. Normal RE closing, the checks pass around the table and you walk away with your proceeds and the buyer walks away with their deed and keys!

    Our time frame was fast(lucky I guess), listed on 2/28, offer made and accepted that day, ROFR returned by DVC 3/8, closing Docs returned to Title Company on 3/18 and closed on 3/19.
     
  4. GOOFY D

    GOOFY D DIS Veteran

    Joined:
    Aug 22, 1999
    Messages:
    879
    Final timeline-

    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.
     
  5. shwn

    shwn Earning My Ears

    Joined:
    Sep 7, 2011
    Messages:
    72
    Great thread- helped me understand how long it was going to take to get the points loaded. Here is my timeline:

    VWL Purchase:
    Offer 1/14/13
    Acceptance 1/15/13
    Re-Accepted 1/23/13 (seller was unable to bank points)
    Sent to ROFR 1/24/13
    Passed ROFR 2/20/13
    Closing Docs Received from Title Company 3/4/13
    Closing Docs Sent out 3/4/13
    Closing Doc Received by Title Company 3/6/13
    Received email that sale closed 3/12/13
    Showed on OC Comptroller website 3/12/13
    Contracted showed on online accounts (existing member) 3/19/13 (morning)
    Points loaded 3/19/13 (afternoon- about 4 hours later)
    Received new member ID in mail 3/25/13 (new use year)
    Received new member card in mail 3/30/13

    AKL Purchase:
    Offer 1/18/13
    Acceptance 1/21/13
    Sent to ROFR 1/22/13
    Passed ROFR 2/20/13
    Closing Docs Received from Title Company 2/27/13
    Closing Docs Sent out 2/27/13
    Closing Doc Received by Title Company 3/1/13
    Received email that sale closed 3/8/13
    Showed on OC Comptroller website 3/7/13 (afternoon)
    Contracted showed on online accounts (existing member) 3/19/13 (morning)
    Points loaded 3/19/13 (afternoon- about 4 hours later)
    Received new member ID in mail 3/25/13 (new use year)
    Received new member card in mail 3/30/13
     
  6. lovin'fl

    lovin'fl DIS Veteran

    Joined:
    Jun 7, 2011
    Messages:
    4,188
    I agree with shwn and my AKV contract went to ROFR the same day as their AKV contract (I think we were both 100 points too).
    We just closed not long ago. Here was our timeline:
    1/19-1/20- Made offer and negotiated (settled on $66/point for 100 AKV Aug UY)
    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).
    3/25- got letter with member # (which we already knew)
    still waiting for member cards, though we were already members and had same UY, so not sure if we'll get another set of cards
     

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