Home: Animal Kingdom Villas
Broker: Fidelity
Title Company: First American Title Insurance Company
Offer made: 1/8/19
Offer accepted: 1/8/19 (we increased our offer after this though due to Jan changes)
Sent to ROFR: 1/16/19
Passed ROFR: 2/13/19
Closing docs received: 3/11/19
Buyer’s closing docs returned: 3/13/19
Seller’s closing docs returned: 3/15/19
Closing: 3/19/19
Deed recorded on OC site: 3/19/19
Contract Visible on member site: ??
Points in my account: ??
Alright, so this is a bit of a crazy story. We submitted our offer and it got accepted, but we decide to increase the offer since we felt like it wouldn't pass ROFR. We really wanted it to pass due to the January
DVC changes, and I hadn't seen any really pass for the amount we were originally paying.
It passed ROFR, and I got notified of that by our Fidelity person. They said it could take 2-3 weeks to get the closing documents. Throughout these weeks I followed up making sure I didn't miss an e-mail. Fidelity waits for estoppel to come back from Disney, and I was told that is why it was dragging on... Once we got past the three week mark I was getting impatient. Our friends who had their offer sent to ROFR through a different company had already closed and gotten their points by this point! They had only gotten their offer sent to Disney two days-ish before ours was sent. It wasn't adding up.
I reached out to our Fidelity representative, and got the title company's information so I could call them. On Fidelity's end, they didn't have any updates, so they believed that they were still waiting on Disney for estoppel paperwork. I called the title company rep and left a voicemail. I didn't hear back, so I tried calling again and got the person on the phone. They informed me that they received the estoppel paperwork on the 19th of February and had sent the closing paperwork to Fidelity for approval then. They haven't heard anything back since. I explained that Fidelity was saying they were waiting on them and asked her to reach out to Fidelity to get it figured out.
I reached out to our Fidelity rep again and told her about my conversation with the title company rep. She said they did receive the closing documents, but there was an error so they JUST sent them back to the title company. Gah. After a couple more days I got the closing documents. Both parties were quick to sign, but the sellers didn't do their paperwork correctly so they had to redo it. Still, they were quite quick about it which I appreciate.
It seems like Fidelity had gotten our closing documents on the 19th of February, and they got lost in the shuffle until I started calling/e-mailing in active search of them. So, it took a good three extra weeks for us to close due to all of this. Not fun.