Closing Time!! 2021 Edition

nicstress

Earning My Ears
Joined
Apr 17, 2014
Final update! :fish:

Home Resort: AUL
Broker: www.dvcresalemarket.com
Title Company: First American
Offer made: 6/5/2021
Offer accepted: 6/7/2021
Sent to ROFR: 6/10/2021
Passed ROFR: 6/30/2021
Estoppel Received:7/1/2021
Closing docs received:7/2/2021
Closing docs returned: 7/13/2021 (notarized)
Sellers closing docs returned: UNK
Funds wired: 7/12/2021
Closing: 8/17/2021 [delayed 1 month due to a seller reservation]
Deed recorded: 8/17/2021
Contract Showing on Membership: 9/11/21
Points in account: 9/15/21 had to call
Total of 102 days. Without a delayed closing it would have been closer to 70.
---‐‐---------------‐--------------------

Addonitis struck early. :flower1:This was almost exactly a year after my first contract which went down like this:

Home: Copper Creek
Broker: www.*******.com
Title Company: TRCS, Inc.
Offer made: 4/19/20
Offer accepted: 4/19/20
Sent to ROFR: 4/21/20
Passed ROFR: 6/10/20
Closing docs received: 6/16/20
Closing docs returned: 6/16/20
Seller returned closing docs: 6/26/20
Closing: 6/29/20
Deed recorded: 7/06/20
Contract Showing on Membership: 8/12/2020
Points in account: September 1, 2020
135 days
 

princessmocha

Why Yes, we are going to Disney again!
Joined
Dec 25, 2012
Small Update

Home Resort: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 7/11/2021
Offer accepted: 7/11/2021
Sent to ROFR: 7/12/2021
Passed ROFR: 8/13/2021
Estoppel received: 8/14/2021
Closing docs received: 8/16/2021
Closing docs returned: 8/20/2021
Funds wired: 8/20/2021
Sellers closing docs returned: 9/10/2021
Closing: 9/13/2021
Deed recorded: 9/15/2021
Membership created & contract showing:
Points in account:
 

MBland54

Earning My Ears
Joined
Oct 18, 2020
Update:

Home Resort: BWV
Broker: www.*******.com
Title Company: Mason Title
Offer made: 6/30/21
Offer accepted: 6/30/21
Sent to ROFR: 6/30/21
Passed ROFR: 8/11/21
Closing docs received: 8/11/21
Closing docs returned buyer: 8/11/21
Closing docs returned seller: 8/16/21
Funds Wired: 8/16/21
Closing: 8/19/21
Deed recorded: 8/20/21
Contract Showing on Membership (new member): 9/16/21
Points in account:

Days Total: 79 so far
 

Cleeevus

Earning My Ears
Joined
Sep 6, 2020
Home Resort: SSR
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/25/21
Offer accepted: 6/25/21
Sent to ROFR: 6/29/21
Passed ROFR: 8/4/21
Closing docs received: 8/4/21
Closing docs returned: 8/9/21
Funds wired: 8/11/21
Closing: 8/18/21
Deed recorded: 8/19/2021
Contract Showing on Membership (existing member): 9/15/2021
Points in account: 9/16/2021 (after chat with MS)

Days Total: 83 days
 

HappyThoughtsTees

Mouseketeer
Joined
Jul 15, 2020
Home Resort: SSR
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/25/21
Offer accepted: 6/25/21
Sent to ROFR: 6/29/21
Passed ROFR: 8/4/21
Closing docs received: 8/4/21
Closing docs returned: 8/9/21
Funds wired: 8/11/21
Closing: 8/18/21
Deed recorded: 8/19/2021
Contract Showing on Membership (existing member): 9/15/2021
Points in account: 9/16/2021 (after chat with MS)

Days Total: 83 days
Did you use the chat function on the website to get your points loaded or did you call in?
 

Cleeevus

Earning My Ears
Joined
Sep 6, 2020
Good to know! Every time I try via chat they say they don't have that capability. Any advice or magic words you may have used? 😂
How strange! Ask for Damien? Lol! I have no idea. I let them know my contract loaded but not the points and I had points expiring in two months and would love to please get them added so I could book a room ASAP. He asked what my closing date was and then a few mins later said the points were added!
 

nicstress

Earning My Ears
Joined
Apr 17, 2014
Chat on the website. Was quick and easy!
I tried that and she said nope can't help. Apparently some like to put forth less effort than others. I called [used last option] a few days later when I still had no points and the CM said no problem.
 

Quiltsndisney

Earning My Ears
Joined
Jul 25, 2021
I tried that and she said nope can't help. Apparently some like to put forth less effort than others. I called [used last option] a few days later when I still had no points and the CM said no problem.
Called and chatted today and they were not willing to help. Told me to wait a week. Will try again For my points tomorrow.
 

Sandisw

DVC Forums
Moderator
Joined
Nov 15, 2008
I tried that and she said nope can't help. Apparently some like to put forth less effort than others. I called [used last option] a few days later when I still had no points and the CM said no problem.
There are a lot of new CMs and I’m not sure all know how to do it.
 

Amyeliza

Mouseketeer
Joined
Mar 10, 2021
I have two contracts that passed ROFR, have been signed (by me) and I'm waiting for the other parties to do their thing so we can close. Now, I'm in for the most painful wait.
 

MBland54

Earning My Ears
Joined
Oct 18, 2020
Final Update, for this contract..:

Home Resort: BWV
Broker: www.*******.com
Title Company: Mason Title
Offer made: 6/30/21
Offer accepted: 6/30/21
Sent to ROFR: 6/30/21
Passed ROFR: 8/11/21
Closing docs received: 8/11/21
Closing docs returned buyer: 8/11/21
Closing docs returned seller: 8/16/21
Funds Wired: 8/16/21
Closing: 8/19/21
Deed recorded: 8/20/21
Contract Showing on Membership (new member): 9/16/21
Points in account: 9/18/21 (called MS)

Days Total: 81

Fyi - to assign points: first tried Chat and was told to call MS. Called MS 3 times: 1st CM said call back Mon, cannot get points on a weekend. 2nd CM said call back later that it takes a special team to get points assigned. 3rd CM said, no problem then assigned the points in a matter of minutes, and was an extremely cheerful person.
Note: while we may be able to see our points in the online dashboard, we cannot book a ressie online as the vacation points show as 0 on the reservation screen. A follow-up call to MS managed to book the trip, but now we need to wait for someone to fix the 'glitch' to our account before we can book online going forward.
Maybe not the best of starts, but at least it's a start. Happy Trails!!
 

edudansil

BCV Bound!
Joined
Jun 28, 2021
Final Update…

Home Resort: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 7/2/21
Offer accepted: 7/2/21
Sent to ROFR: 7/7/21
Passed ROFR: 8/10/21
Closing docs received: 8/12/21
Closing docs returned buyer: 8/13/21
Funds wired: 8/16/21
Closing: 8/18/21
Deed recorded: 8/20/21
Contract Showing on Membership (new member): 9/17/21
Points in account: 9/18/21

Days Total: 78 days.

Note: When we got the welcome email, we called the same day to ask for point to be added. They said it was too soon and that we could call back the next day. Called back the next day and the gentleman was very kind. Put me on hold and during the hold, within a minute, the points were in my contract and ready to go.
 

pianomanzano

Mouseketeer
Joined
Aug 9, 2021
At what point is it okay to start pushing the broker/title company to get the seller to return docs? Closing docs were sent out 09/09 (Thursday). We sent ours back on the 10th (Friday) and asked the broker to ask the seller to provide a proof of points available before writing funds to title company, which the seller also sent back to the broker that same day. I checked with broker/title company on Monday the 13th and on Friday the 17th and as of Friday, seller hasn't provided closing docs back. Broker also said there's no pending reservations or anything else that could delay closing (originally scheduled for Oct. 12).

Only reason why I'd like to get this closed ASAP is that there's 114 points banked from 2019 into 2020 (Dec UY) that need to be used by end of November that I don't want to go to waste (2020 points already banked into 2021). Seems odd to show proof of points same day but not yet return closing docs (broker has informed seller that we've submitted everything from our end). Makes me wonder if seller is having second thoughts, which makes me really regret wiring money the same day we returned the docs, I probably should've waited until there was confirmation that seller submitted theirs. First time buyer, so lessons learned! Any thoughts/recommendations? Do I just need to be more patient? Not really sure what's needed from their end beyond a notary, so perhaps I could be a little bit more patient if I understood what they have to do.
 

Sandisw

DVC Forums
Moderator
Joined
Nov 15, 2008
At what point is it okay to start pushing the broker/title company to get the seller to return docs? Closing docs were sent out 09/09 (Thursday). We sent ours back on the 10th (Friday) and asked the broker to ask the seller to provide a proof of points available before writing funds to title company, which the seller also sent back to the broker that same day. I checked with broker/title company on Monday the 13th and on Friday the 17th and as of Friday, seller hasn't provided closing docs back. Broker also said there's no pending reservations or anything else that could delay closing (originally scheduled for Oct. 12).

Only reason why I'd like to get this closed ASAP is that there's 114 points banked from 2019 into 2020 (Dec UY) that need to be used by end of November that I don't want to go to waste (2020 points already banked into 2021). Seems odd to show proof of points same day but not yet return closing docs (broker has informed seller that we've submitted everything from our end). Makes me wonder if seller is having second thoughts, which makes me really regret wiring money the same day we returned the docs, I probably should've waited until there was confirmation that seller submitted theirs. First time buyer, so lessons learned! Any thoughts/recommendations? Do I just need to be more patient? Not really sure what's needed from their end beyond a notary, so perhaps I could be a little bit more patient if I understood what they have to do.
Proof of points is easy. Just screenshot on the computer. Signing requires owners to go to a notary which can take time to do.

Some can get it done soon and others have to coordinate Not much the broker or title company can do other then to remind the seller that closing is set for no later than the 12th.

I hate to be a downer but I think the chances of you getting those points in time will be though it’s currently taking 5 to 6 weeks from when Disney gets your info to creating the account and loading the points.

Even if you do, availability is pretty close to near zero before December.
 

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