Closing Time!

[mvenez]

Home Resort: Copper Creek
Broker: www.****************.com
Title Company: Mason Title (Cammy!)
Offer made: 3/11/22
Offer accepted: 3/12/22
Sent to ROFR: 3/14/22
Passed ROFR: 4/11/22
Closing docs received: 4/11/22
Closing docs returned: 4/12/22
Closing: 4/26/22
Deed recorded: 4/27/22
Contract Showing on Membership (new member): 5/5/22
Points in account: 5/18/22

Days Total: 68 days

I did not reach out to get my points loaded sooner as I had some time before needing to use them and so I wanted to get a read on how long it would take to load them.

 

[clarker99]

Home Resort: Copper Creek
Broker: www.****************.com
Title Company: Mason Title (Cammy!)
Offer made: 3/11/22
Offer accepted: 3/12/22
Sent to ROFR: 3/14/22
Passed ROFR: 4/11/22
Closing docs received: 4/11/22
Closing docs returned: 4/12/22
Closing: 4/26/22
Deed recorded: 4/27/22
Contract Showing on Membership (new member): 5/5/22
Points in account: 5/18/22

Days Total: 68 days

I did not reach out to get my points loaded sooner as I had some time before needing to use them and so I wanted to get a read on how long it would take to load them.

Closing docs rec'd the same day as ROFR passed... as it should be.

I have come to realize the DVC resale industry does not have the same level of customer service as other real estate.... It sort of feels like it's just a part-time thing or secondary... I know that's not the case for all of them for sure.... but my experience has been very underwhelming... and it has nothing to do with the ROFR process or the timelines but 100% due to the lack of communication or any sense of urgency/accountability. A lot of "soons" and "ASAPs" or very over exaggerated timelines that do not line up with what I'm seeing other people post with their experience... Just tell me what you're going to do and do that.... don't tell me you'll do something and then ghost me for 2 days beyond when you were supposed to do it....

It is a painful process. Do they treat the seller the same? I preferred dealing with DVC Store/Mason Title vs DVCresale and Magic Vacation Title. Anyway, it is a 1st world problem but still frustrating.

 

[Hopfather28]

Update

Home Resort: PVB
Broker: Fidelity
Title Company: Mason
Offer made: 3/18/22
Offer accepted: 3/18/22 (0 days)
Sent to ROFR: 3/21/22 ( 3 days)
Passed ROFR: 4/20/22 (30 days)
Closing docs received: 4/20/22 (0 days)
Closing docs returned by Buyer: 4/20/22
Closing docs returned by Seller: ?
Closing: 4/28/2022 (8 days)
Deed recorded: 4/29/2022 (1 day)
Contract Showing on Membership: 5/9/22 (10 days)
Points in account:5/19/22 (10 days)

Days Total: 62

 

[lkpat1983]

Home Resort: PVB
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 4/13/22
Offer accepted: 4/13/22
Sent to ROFR: 4/14/22
Passed ROFR: 5/19/22
Estoppel Issued: 5/19/22
Closing docs received:
Buyer Closing docs returned:
Seller Closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Days Total:

 

[Tx3Mom]

Finally!! Our twinkie Poly contracts are done! I was able to finish booking our split stay for my birthday in July!!

Home Resort: Polynesian Village Resort
Broker: Fidelity Real Estate
Title Company: Mason
Offer made: 03/22/22
Offer accepted:03/23/22
Sent to ROFR:03/28/22
Passed ROFR:04/26/22
Closing docs received:04/26/22
Closing docs returned:04/28/22-buyer, 05/05/22-seller
Closing:05/09/22
Deed recorded:05/09/23
Contract Showing on Membership: 05/18/2022
Points in account: 05/19/2022(loaded via call to MS this morning)

Days Total:58

Home Resort: Polynesian Village Resort
Broker: Fidelity Real Estate
Title Company: Mason
Offer made: 03/22/22
Offer accepted:03/23/22
Sent to ROFR:03/28/22
Passed ROFR:04/26/22
Closing docs received:04/26/22
Closing docs returned:04/28/22-buyer, 05/05/22-seller
Closing:05/09/22
Deed recorded:05/09/23
Contract Showing on Membership: 05/18/2022
Points in account: 05/19/2022(loaded via call to MS this morning)

Days Total:58

 

[Mrsjoneslilac]

Update received this morning!

Home Resort: Saratoga Springs
Broker: https://www.fidelityrealestate.com
Title Company: Mason
Offer made: 3/30/22
Offer accepted: 3/30/22
Sent to ROFR: 3/31/22
Passed ROFR: 4/26/22
Closing docs received: 4/26/22
Closing docs returned: 5/1/22 (buyer)
Closing: 5/20/22
Deed recorded: 5/20/22
Contract Showing on Membership (new member):
Points in account:

 

[hglenn]

We got an email from our broker yesterday indicating that our "deed has been recorded" but I'm not seeing it on the comptroller site. Does that usually take a few days to show up there?

 

[M23F5]

We got an email from our broker yesterday indicating that our "deed has been recorded" but I'm not seeing it on the comptroller site. Does that usually take a few days to show up there?

It took a little over 24 hours or me. It appeared midday if I remember correctly.

 

[Microbuns]

Home Resort: Saratoga Springs
Broker: dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 1/2/22
Offer accepted: 1/7/22
Sent to ROFR: 1/16/22
Passed ROFR: 2/9/22
Closing docs received: 3/15/22
Closing docs returned: 4/9/22 (buyer)
Closing (delayed closing): 5/5/22
Deed recorded: 5/10/22
Contract Showing on Membership (new member): 5/19/22
Points in account (contacted chat after 24h): 5/20/22

Days Total: 138

Things went much slower than I had hoped, but a delayed closing + international seller + international buyer will do that. Happy to have my points now!

 

[Sandisw]

Closing

Resort. SSR
Broker www.DVCresale market.com
Contract sold March 8
Sent to ROfR March 10
Taken by Disney April 1st
Closing Documents May 20th

Taking to bank Monday for notary! Should have money next week!!! Yeah!!

 

[Polychrome]

Home Resort: PVB
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 3/26/22
Offer accepted: 3/26/22
Sent to ROFR: 3/30/22
Passed ROFR: 4/27/22
Estoppel Issued: 4/27/22
Closing docs received: 5/9/22
Buyer Closing docs returned: 5/10/22
Seller Closing docs returned:.....as of 5/20/22, the sellers have not responded to either the title company, nor the broker
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Days Total:

 

[Huskerpaul]

Home Resort: BWV
Broker: https://*******.com
Title Company: TRSC, INC
Offer made: 3/27/2022
Offer accepted: 3/27/2022
Sent to ROFR: 3/28/2022
Passed ROFR: 4/28/2022
Closing docs received: 5/10/2022
Closing docs returned: 5/16/2022 (buyer)
Closing: 5/31/2022
Deed recorded: 5/18/2022
Contract Showing on Membership (new member):
Points in account:

Days Total:

 

[RKS03]

Closing

Resort. SSR
Broker www.DVCresale market.com
Contract sold March 8
Sent to ROfR March 10
Taken by Disney April 1st
Closing Documents May 20th

Taking to bank Monday for notary! Should have money next week!!! Yeah!!

Geez I hope they don’t take a contract I’m selling that’s under ROFR. Is that after the contracted closing period?

 

[mejones1115]

Home Resort: AKV
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 03/24/2022
Offer accepted: 03/25/2022
Sent to ROFR: 03/28/2022
Passed ROFR: 04/22/2022
Closing docs received: 05/02/2022
Closing docs returned: 05/09/2022 (buyers)
Closing: 05/18/2022
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total

Will update once we get more info. Really looking do forward to getting our hands on our 2020 points for our September trip for MNSSHP.

 

[Sandisw]

Geez I hope they don’t take a contract I’m selling that’s under ROFR. Is that after the contracted closing period?

Closing date was today. So I got them one day early. They have one person who works in them and she had been out due to a family emergency so that is why they fell behind.

We will go to the bank Monday and Send off then. So we should have money by the end of the week!

 

[kash92]

I noticed that the majority of people on the site got their closing docs on the same day that they passed ROFR. We passed on Wednesday and still haven’t gotten closing docs. Is this a title company issue or a broker issue?

 

[Mrsjoneslilac]

I noticed that the majority of people on the site got their closing docs on the same day that they passed ROFR. We passed on Wednesday and still haven’t gotten closing docs. Is this a title company issue or a broker issue?

I believe it’s a title company issue.

 

[JZ_LBNY]

This may be a dumb question, but I’m a new member & my deed was just recorded. Where does the contract show up on membership? I’m my Disney Experience app??

 

[Spinster Travel]

This may be a dumb question, but I’m a new member & my deed was just recorded. Where does the contract show up on membership? I’m my Disney Experience app??

you need to set up a DVC account with your DVC Membership Number that will be emailed to you from DVC. You'll go to the DVC website and click create account - it will not work until you have your membership number. Welcome Home!

 

[mejones1115]

I noticed that the majority of people on the site got their closing docs on the same day that they passed ROFR. We passed on Wednesday and still haven’t gotten closing docs. Is this a title company issue or a broker issue?

Depends on the title company. We went through DVC Resale Market and Magic Vacation Title. We were told they were 2 weeks out but would try and get them to us sooner. It took just over a week.