Closing Time!!

Discussion in 'Purchasing DVC' started by Buzzalot, Mar 23, 2015.

  1. Sherrkel

    Sherrkel Disney World Dreamer . . . My Home Away From Home

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    We are so close to getting access to our points!!!!
    Sherrkel---$87-$14546-150-BRV@WL-Oct-0/15, 0/16, 150/17, 150/18
    Offer 4/2 (accepted 4/3)
    Rofr 4/20
    Estoppel 5/9
    Closing documents rec'd (by buyer) 5/9 ( I rec'd notification of Estoppel and the closing docs on same date)
    Closing documents rec'd (by title co) 5/11
    Closed 5/16, deed sent to be recorded.

    Now to get those points loaded and plan our first DVC owners trip (Jan/Feb 2018)!!:drive:
     
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  2. DisneyBoundMomof3

    DisneyBoundMomof3 Mouseketeer

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    I know it was too soon, but I did speak with MS, I had a couple of questions, had a very helpful CM on the line, she even checked to see if we were in the system. Oh well not yet.
     
  3. Avatar

    DIS Sponsor Disney Vacation Club Resales www.dvc-resales.com

  4. PaintsWithAllTheColors

    PaintsWithAllTheColors Mouseketeer

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    *Final update post*

    Timeline so far for our 160 pt AKV contract, it was kind of a weird situation!

    Offer Made: 3/22
    Offer Accepted: 3/24
    Sent to ROFR: 3/30
    *no notice of passing ROFR*
    Closing Docs Received: 4/19
    Closing docs sent back: 4/20
    Closed: 5/3
    Recorded: 5/4
    Disney switched names: 5/14
    Called and received ID: 5/16

    ALL DONE!! :) I called this morning and one CM said, "we can't give you your info because you bought resale. You have to call your broker." Knowing that was false (thanks disboards!) I called back and was told my contract was finished by Sunday and was given all necessary info right away! So all in all almost 8 weeks from offer made to points loaded. Every process went lightening fast EXCEPT the processes that involve the seller since they were international. The seller delays were about 3 weeks of those 8. But we're happy and glad to be members!!
     
  5. DisneyBoundMomof3

    DisneyBoundMomof3 Mouseketeer

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    Oh wow , awesome!!!! So happy for you all!!! We need a Facebook meet up group!!! To share our first trip as members and just keep in contact, and go oh remember the wait.:welcome:
     
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  6. Eastcoast02

    Eastcoast02 Earning My Ears

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    Could you have received all your info the day Disney switched names? Or does it take an additional day or two for that info to generate?
     
  7. Aron1012

    Aron1012 Mouseketeer

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    Mar 11, 2017
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    Offer Made: 3/22
    Offer Rejected: 3/23
    Offer Reconsidered & Accepted: 3/30
    Sent to ROFR: 3/31
    Passed ROFR: 4/18
    Closing Docs Received: 4/30
    Closing docs sent back: 5/2
    Seller returned closing docs: 5/11
    Closed: 5/16
    Recorded: ***
    Disney switched names:***
    Called and received ID: ***

    Just got word it is closed and Disney has been notified. So hoping a few more weeks and will be ready to make reservations.
     
  8. PaintsWithAllTheColors

    PaintsWithAllTheColors Mouseketeer

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    I'm not 100% sure but it sounds that I could've called on Monday to get the info
     
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  9. Aron1012

    Aron1012 Mouseketeer

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    Offer Made: 3/22
    Offer Rejected: 3/23
    Offer Reconsidered & Accepted: 3/30
    Sent to ROFR: 3/31
    Passed ROFR: 4/18
    Closing Docs Received: 4/30
    Closing docs sent back: 5/2
    Seller returned closing docs: 5/11
    Closed: 5/16
    Recorded: 5/17
    Disney switched names:***
    Called and received ID: ***

    Recorded yesterday. Not really a big step in process, but kind of sinks in when you see it listed as owner on the Recorder's website.
     
  10. beourguest2009

    beourguest2009 Mouseketeer

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    So excited!!! Just got word that we have closed and Disney has been notified of the change in ownership! Closing e-mail says wait 7-14 days for Disney to complete the transfer - when can I actually call?!?! I know you all will know! :)

    Offer Made: 4/6
    Offer Accepted: 4/6
    Sent to ROFR: 4/6
    Passed ROFR: 4/20
    Closing Docs Received: 5/9
    Closing docs sent back: 5/12
    Closed: 5/18
    Recorded: ***
    Disney switched names: ***
    Called and received ID: ***

    That was very quick and very painless - I would by resale again in a heartbeat! Now to get my number and start PLANNING!! :)
     
  11. Aron1012

    Aron1012 Mouseketeer

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    Congrats.....sounds like we got the exact same email. I was kind of wondering about when to call too. My email came on Tuesday so thinking about calling the day after Memorial Day (30th). Looks like most who posted here were able to setup account 10-14 days after closing.
     
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  12. Eastcoast02

    Eastcoast02 Earning My Ears

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    Recorded 5/10, called today 5/18 with no luck. I got Cheryl and she was a real crab. :eeyore:
    Tomorrow we try again!
     
  13. beourguest2009

    beourguest2009 Mouseketeer

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    Looks like a bit longer to wait but I am ok with that! The worst wait for me was ROFR...this is manageable compared to that!
     
  14. madchatter

    madchatter ...mustard? Now let's not be silly...

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    I think after 7 business days it's worth trying. I called at 9 business days and it had already been done for a day or two and points were already loaded.
     
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  15. Eastcoast02

    Eastcoast02 Earning My Ears

    Joined:
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    Recorded 5/10.
    Received member # today 5/19. Called, selected option 3 then option 4 as stated on here previously. When connected just said, "Hi I'm calling to get my member #." Asked for name, confirmation of address and voila. Finished the call, redialed and selected option 1. Asked for my club id and activation. Signed in and everything was good. Pretty easy today!

    Only problem is that there is no availability for my week I booked flights for! 11/6-11/14. The struggle is real! Quick but not quick enough. Set up a waitlist at AKL.
     
  16. Marionnette

    Marionnette Children see magic because they look for it

    Joined:
    Sep 26, 2009
    Messages:
    11,598
    Buying two contracts, same resort and same UY:
    Contract #1
    Offer made: 3/24
    Counter-offer accepted: 3/24
    Sent to ROFR : 3/25
    Passed ROFR: 4/19
    Closing Documents Received: 5/9
    Closing Documents/Check Sent: 5/11
    Closing Completed: 5/18
    Deed Recorded: ?
    Points in DVC Account: ?​
    Contract #2
    Offer made: 5/4
    Offer accepted: 5/4
    Sent to ROFR : 5/8
    Passed ROFR: 5/19
    Closing Documents Received: ?
    Closing Documents/Check Sent: ?
    Closing Completed: ?
    Deed Recorded: ?
    Points in DVC Account: ?​
     
    Last edited: May 20, 2017
  17. Roxyfire

    Roxyfire Is butter a carb?

    Joined:
    Jul 1, 2015
    Messages:
    1,582
    Final Update: Account Setup
    Based on the advice from a previous poster, I called up Member Administration earlier today and was able to get my account all set up earlier than I had expected.
    Since we're going again in October, I thought I'd check to see if I could find anything, even for just one night as a split stay. I was able to find a studio at Beach Club villas for one night, 10/5. Since we will be going to the Halloween Party that night and resting some the next day, it couldn't be a better time to try out Stormalong Bay!

    Final Timeline:

    Initial offer and negotiations: 3/7
    Signed contract sent to Disney for ROFR: 3/14
    ROFR waived: 3/27
    Closing Docs Sent to me: 4/19
    Returned my closing documents and payment: 4/21
    Sellers docs received: ?? 5/7 maybe?
    Closed: ??
    Deed recorded: 5/10
    Member Number: 5/22
     
  18. huskerfanatic7

    huskerfanatic7 Mouseketeer

    Joined:
    Jan 20, 2014
    Messages:
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    160 BLT AUG UY $117 PP

    Offer made: 4/13
    offer accepted: 4/13
    Sent to ROFR : 4/14
    Passed ROFR: 5/2
    Closing Documents Received: 5/26
    Closing Documents/Check Sent: 5/30
    Closing Completed: ??
    Deed Recorded: ?
    Points in DVC Account: ?
     
    Last edited: May 31, 2017
  19. GG23

    GG23 Earning My Ears

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    Mar 19, 2017
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    Called on 5/22 and very quickly had all the information needed to set up my online account. Everyone I spoke to was extremely friendly and didn't seem to care that I had purchased resale.
     
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  20. ClarksDad

    ClarksDad Earning My Ears

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    Last edited: May 25, 2017
  21. Sherrkel

    Sherrkel Disney World Dreamer . . . My Home Away From Home

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    8 days post deed recording and I'm super excited to say - we've booked our first DVC trip!! From offer to booking was 45 days. Welcome home to me and DH :hug: A huge THANK YOU to the invaluable knowledge and tips I found from the posters in these DVC forums...you all helped our wishes come true :tink:
    Very best to those still in the race, keep the faith. :goodvibes
     

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