Timeline

Discussion in 'Purchasing DVC' started by JaimeA, Jul 31, 2012.

  1. JaimeA

    JaimeA Mouseketeer

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    I found these timelines very useful while going through the purchasing cycle that I hope this helps any newbies out. I will update this thread once all pieces are complete.

    June 6-made offer on a 250 point Boardwalk contract
    June 7- seller countered
    June 7- I accept, inventory of Boardwalk was non existent for what I wanted
    June 11- I send signed contracts back
    June 15- Seller returns contract
    June 15-Sent to ROFR
    July 10-Pass ROFR
    July 19-Receive closing docs sent back next day overnight, seller alittle slower
    July 27-Closed
    July 30-We show up on Orange County Website completed
    Aug 2- points loaded, online access complete
    Aug 13- received membership cards in the mail

    Jaime
     
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  3. cz4ever

    cz4ever Imagineer-in-training

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    Thanks! Looks like roughly two months start to finish, depending on how long it takes Disney to add the points. I appreciate you providing this info!
     
  4. joelp

    joelp DIS Veteran

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    We're still in the process of buying, but we pretty much had the same timeline you did through ROFR ... (took about 4 weeks to get to that point)

    But - we received our closing docs from Magic Vacation Title the day after we passed ROFR - so many kudos to Nancy and MVT!!!

    Right now we're waiting for the Seller to get their docs back to MVT so we can close ...
     
  5. michelleiada

    michelleiada DIS Veteran

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    Thanks for this timeline. I made an offer last thursday and I'm waiting for the contract still. I really want to get things moving!
     
  6. JaimeA

    JaimeA Mouseketeer

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    Wow that was fast! Hopefully the sellers are fast and you can close! I felt such relief once the sellers returned the paperwork because I was so afraid of them backing out or disappearing like I have heard from another dis board member. Good luck!
     
  7. JaimeA

    JaimeA Mouseketeer

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    Oh I know the feeling, I kind of got used to the long process but it going to be so worth it in the end.
     
  8. JaimeA

    JaimeA Mouseketeer

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    Good luck with ROFR!!
     
  9. JaimeA

    JaimeA Mouseketeer

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    No problem, I have a lot of time on my hands waiting for it to end! Haha
     
  10. MickeyFan612

    MickeyFan612 Mouseketeer DVC Gold

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    Wow you are lucky! I can't seem to get the contracts from sellers returned fast enough. I believe I'm looking at 2 and a half months or longer on one of mine. Supposedly it's an older couple with no internet or phone. LOL I think maybe I'm too patient:)
     
  11. belias21

    belias21 DIS Dad's Club Member #717

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    In general, I'm a pretty patient person... NOT when it comes to this process though. :) As a buyer who is constantly near my phone or my email, it seems like an eternity between every step. Obviously, the sellers (unless they're in financial turmoil) probably aren't in as much of a hurry to respond.

    Fortunately, in the deal I'm working right now I seem to have pretty responsive sellers - just waiting on Disney at this point. :hourglass If you're gonna snag my deal, just let me know so i can dig around for another one!

    Fortunately, I've got some time... our next planned trip will be November 2013 - I'm just trying to close before December of this year to take advantage of the 11-month advance booking. Although, with today being the first day of August it doesn't seem so far away anymore... :crazy2:
     
  12. JaimeA

    JaimeA Mouseketeer

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    Actually if you look at my timeline our sellers weren't that quick either. It took them over a week to get each document back. Hopefully you will hear good news today! My first contract the seller had no email so everything had to go snail mail. That one ended in an ROFR death. :rotfl2:
     
  13. JaimeA

    JaimeA Mouseketeer

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    Good Luck with ROFR! My first deal i lost to Disney and was notified I think like 11 days after submission so once I got to the 2 week mark I was feeling good.
     
  14. Missyrose

    Missyrose DIS Veteran

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    I'll throw my timeline into the mix. We bought an 80-point BLT contract (June UY). I used Sharon from Fidelity and Cammy from First American Title:

    Offer accepted June 16
    Signed contracts, sent to ROFR June 19
    Passed ROFR July 17
    Received closing docs July 27
    Title company has signed closing docs July 31
    Contract closed August 1
    Notice of deed on OC comptroller site August 2

    My first contract (BWV, bought back in March) took 11 weeks start to finish, so this contract has gone much quicker. Now I just wait to see when the new points are added to my online account. :goodvibes
     
  15. JaimeA

    JaimeA Mouseketeer

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    I updated my timeline, i gave Disney a call just to see, wasnt expecting anything since it has only been 6 days since closing. Everything was set up even the points were loaded!!! Spoke to Kevin he was wonderful!!

    Yay!!:dance3:
     
  16. duckygirl

    duckygirl Earning My Ears

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    Ugh! Same timeline as you but no closing yet! I just sent an email to The title company. Hopefully she will let us know what is (or not) going on!


    Congrats to you! :cool1:
     
  17. DannysMom

    DannysMom DIS Veteran

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    Very similar timeline here too. The title co had MY documents back on Tuesday. I just sent an email asking about the sellers documents. (After searching my name on the OC Comptrollers site.)
     
  18. JaimeA

    JaimeA Mouseketeer

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    Nice!! Hopefully you will see your points quickly :cheer2:
     
  19. JaimeA

    JaimeA Mouseketeer

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    Hopefully you will close soon! :cheer2:
     
  20. duckygirl

    duckygirl Earning My Ears

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    I just heard back from Cammy. She said she has not received the paperwork from the sellers yet!:rolleyes2
     
  21. Missyrose

    Missyrose DIS Veteran

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    That's totally normal, and exactly how my BWV contract went. I returned my closing docs/check the next day and the sellers returned it the following week. I had no idea the sellers of my current BLT purchase were so motivated, they overnighted their closing docs right back too! It's luck of the draw.
     

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