Closing Time!!

Buzzalot

Earning My Ears
Joined
Jan 10, 2015
Not for me. I'm on two weeks after receiving my closing documents. Still waiting on the sellers to return their paperwork. I was in the ROFR thread for 30 days. Then the Come on Estoppel thread for another 30. I figured a new support thread is needed for those who are waiting to close. I'm getting anxious as we have plans and air booked for June. Also have a cash ressie just in case.

So where are you in the closing process?
 

Friendlyadvice2

A rug from the butt of a skunk...A Skunk-Butt Rug
Joined
Jun 19, 2014
When discussing closing dates with the title company, are you sure you never said something like "to infinity and beyond"? Just kidding!!

Hang in there. At least you know Disney isn't taking your contract. Hopefully, I'll make it this far one day.
 
  • disneyhutson

    DVC Member, loves everything Disney!
    Joined
    Dec 25, 2011
    Great thread!! 29 days ROFR, then amazing 5 days of Estoppel, BUT of course 8 days and still waiting for the sellers to send in their closing paperwork.......
     

    NewDVCaddict

    Earning My Ears
    Joined
    Jun 6, 2013
    Was told we should close "shortly". Both our documents and our sellers' were received as of 3/23. Thanks for starting a thread for this group!
     

    Buzzalot

    Earning My Ears
    Joined
    Jan 10, 2015
    When discussing closing dates with the title company, are you sure you never said something like "to infinity and beyond"? Just kidding!!

    Hang in there. At least you know Disney isn't taking your contract. Hopefully, I'll make it this far one day.
    HaHa Love the "to infinity and beyond" reference. Made me laugh! :rotfl2:

    Was told we should close "shortly". Both our documents and our sellers' were received as of 3/23. Thanks for starting a thread for this group!
    Where do they come up with these time frames, "shortly". To me that means the same day!
     

    5 Mickey Fans

    Earning My Ears
    Joined
    Mar 16, 2014
    We closed today. How long before the deed is recorded on the OCC website? The website shows the date of 3/19/15 as the date documents have been proofed through. What does that mean for us? Do we have to wait until they are working on today's date before our deed is recorded?
     

    summabreeze85

    Mouseketeer
    Joined
    Dec 2, 2013
    Our title company recieved our signed closing docs march 9th and the file JUST closed today. I really don't understand why it took 2 weeks to close.
     

    WildGinger

    Mouseketeer
    Joined
    Oct 19, 2012
    We received our closing docs on 3/2. Mailed the contract and wired the money on 3/3. We are still waiting for the sellers. UGH. They finally signed the documents however now they need to wire the money in to close. This has been the longest part of the entire process.
     

    disneyhutson

    DVC Member, loves everything Disney!
    Joined
    Dec 25, 2011
    We received our closing docs on 3/2. Mailed the contract and wired the money on 3/3. We are still waiting for the sellers. UGH. They finally signed the documents however now they need to wire the money in to close. This has been the longest part of the entire process.
    I agree our buyers have sat on the closing docs for 11 days and counting...did THEY not want to sell???
     

    supersnoop

    What time is the three o'clock parade?
    Joined
    Nov 13, 2013
    We received our closing docs on 3/2. Mailed the contract and wired the money on 3/3. We are still waiting for the sellers. UGH. They finally signed the documents however now they need to wire the money in to close. This has been the longest part of the entire process.
    I agree our buyers have sat on the closing docs for 11 days and counting...did THEY not want to sell???
    If they have to bring money to the table, they won't be in too much of a hurry. They might be waiting for payday before they can cut a check.
     

    NewDVCaddict

    Earning My Ears
    Joined
    Jun 6, 2013
    Where do they come up with these time frames, "shortly". To me that means the same day![/QUOTE]

    Buzzalot, I agree! Got the email last night (3/26) that we closed, so "closing shortly" meant 3 days, in our case, after they had all documents from buyers and sellers. Good luck to all still waiting!!! Now it is time for me to stalk the website where the deed gets recorded ;)
     

    Buzzalot

    Earning My Ears
    Joined
    Jan 10, 2015
    We closed two days ago. Deed was recorded the same day. I reviewed the document on the OCC site. Yesterday received an email from the title company that the recorded deed was sent to Disney to transfer the contract and issue my membership number.

    I feel better......coming down the home stretch
     

    sgrap

    DIS Veteran
    Joined
    Oct 13, 2012
    We closed two days ago. Deed was recorded the same day. I reviewed the document on the OCC site. Yesterday received an email from the title company that the recorded deed was sent to Disney to transfer the contract and issue my membership number.

    I feel better......coming down the home stretch
    Hurray! When was your rofr date?
     

    disneyhutson

    DVC Member, loves everything Disney!
    Joined
    Dec 25, 2011
    Ok after 15 days the sellers have returned the closing paperwork!! NOW onto another wait. 50 days into this process sooo far. If we were purchasing direct what would the process be like?
     

    sgrap

    DIS Veteran
    Joined
    Oct 13, 2012
    We received our closing documents on 2/26 (Thursday), and both the seller's paperwork arrived at that title company today 2/30 (Monday). The title agent says she wants to close it by tomorrow so it will be on the books for March. How long generally from closing until we can actually make reservations? We waited 23 days for ROFR and 29 days from ROFR to getting our closing papers, so I am thrilled that we are getting something done quickly. Still hoping to make reservations by April 15th but not holding my breath.

    Also, we are buying VGC, so what website do I need to "stalk" to see when it gets recorded? I have heard that CA takes longer for this step than the Florida properties.
     

    supersnoop

    What time is the three o'clock parade?
    Joined
    Nov 13, 2013
    Ok after 15 days the sellers have returned the closing paperwork!! NOW onto another wait. 50 days into this process sooo far. If we were purchasing direct what would the process be like?
    When you purchase direct, you can access your points immediately. You're probably looking at another 12-18 days before you get your points.
     

    DWorldOrBust

    There's no place like home...
    Joined
    Aug 15, 2013
    We received our closing documents on 2/26 (Thursday), and both the seller's paperwork arrived at that title company today 2/30 (Monday). The title agent says she wants to close it by tomorrow so it will be on the books for March. How long generally from closing until we can actually make reservations? We waited 23 days for ROFR and 29 days from ROFR to getting our closing papers, so I am thrilled that we are getting something done quickly. Still hoping to make reservations by April 15th but not holding my breath.

    Also, we are buying VGC, so what website do I need to "stalk" to see when it gets recorded? I have heard that CA takes longer for this step than the Florida properties.
    My contract was recorded on the OC comptroller site on 3/18 and I just booked my first vacation today! pixiedust:
     

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