Closing Time!!

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

  1. Moocabn2258

    Moocabn2258 Mouseketeer

    Joined:
    Jul 19, 2015
    Messages:
    130
    You were on to something today! Just got word that our seller returned and they closed today! Finally...now onto the next waiting step....
     
  2. Moocabn2258

    Moocabn2258 Mouseketeer

    Joined:
    Jul 19, 2015
    Messages:
    130
    3rd Update:

    Home: SSR
    Broker: DVC Resale Market
    Title Company: Magic Vacation Title
    Offer made: 3/7/19
    Offer accepted: 3/8/19
    Sent to ROFR: 3/12/19
    Passed ROFR: 3/26/19
    Closing docs received: 3/28/19
    Buyer’s closing docs returned: 3/29/19
    Seller’s closing docs returned: ?
    Closing: 4/11/19
    Deed recorded on OC site:
    Contract Visible on member site:
    Points in my account:
    Member letter received:
     
    scooba likes this.
  3. Avatar

    DIS Sponsor Disney Vacation Club Resales www.dvcstore.com


  4. MB333

    MB333 DVC Addict

    Joined:
    Mar 7, 2019
    Messages:
    18
    Update #2
    Home: BRV
    Broker: The Timeshare Store
    Title Company: Mason
    Offer made: 3/3/19
    Offer accepted: 3/4/19
    Sent to ROFR: 3/7/19
    Passed ROFR: 3/19/19
    Closing docs received:3/25/19
    Closing docs returned: 3/28/19
    Seller returned closing docs: 4/10/19
    Closing: 4/11/19
    Deed recorded on OC site: ?
    Contract Visible on member site: ?
    Points in my account: ?
     
  5. JereMary

    JereMary Mouseketeer

    Joined:
    Oct 28, 2016
    Messages:
    103
    5th Update:
    Home: Animal Kingdom Lodge
    Broker: The Timeshare Store
    Title Company: Mason Title
    Offer made: 3/10/19
    Offer accepted: 3/10/19
    Sent to ROFR: 3/11/19
    Passed ROFR: 3/20/19
    Closing docs received: 3/25/19
    Buyer’s closing docs returned: 3/28/19 (in the mail)
    Seller’s closing docs returned: 3/28/19 (in the mail)
    Closing: 4/2/19
    Deed recorded on OC site: 4/2/19
    Contract Visible on member site: 4/10/19
    Points in my account:
     
  6. scooba

    scooba Likely Lurking

    Joined:
    Aug 12, 2009
    Messages:
    8
    That's great news! I'm still waiting for the seller to send back her closing docs (2 weeks now).
     
  7. Rush

    Rush Earning My Ears

    Joined:
    Mar 12, 2019
    Messages:
    51
    That’s great news! Though our seller said they sent them yesterday, they didn’t hit the Fedex system until today. I’m glad the broker gave me the tracking number. I guess he was tired of me asking!

    Finally feel worthy of posting our status!

    Home: SSR
    Broker: The Timeshare Store
    Title Company: Mason Title
    Offer made: 3/10/19
    Offer accepted: 3/10/19
    Sent to ROFR: 3/12/19
    Passed ROFR: 3/26/19
    Closing docs received: 4/1/19
    Buyer’s closing docs returned: 4/4/19
    Seller’s closing docs returned: 4/16/19 (according to Fedex scheduled delivery)
    Closing:
    Deed recorded on OC site:
    Contract Visible on member site:
    Points in my account:
    Member letter received:
     
  8. disneygirl281

    disneygirl281 Earning My Ears

    Joined:
    Mar 5, 2019
    Messages:
    22
    Finally done! Points in account yay!

    Home: AKL
    Broker: DVC Resale Market
    Title Company: Magic Vacation Title
    Offer made: 2/19/19
    Offer accepted: 2/19/19
    Sent to ROFR: 2/22/19
    Passed ROFR: 3/5/19
    Closing docs received: 3/19/19
    Buyer’s closing docs returned: 3/21/19
    Seller’s closing docs returned: 3/21/19
    Closing: 3/25/19
    Deed recorded on OC site: 3/29/19
    Contract Visible on site: 4/5/19
    Points in my account: 4/12/19
     
    sndral, missbecca and stewart715 like this.
  9. dumaresq

    dumaresq Earning My Ears

    Joined:
    Feb 15, 2019
    Messages:
    48
    Final Update:
    Home: SSR
    Broker: DVC Resale Market
    Title Company: Magic Vacation Title
    Offer made: 2/01/19
    Offer accepted: 2/01/19
    Sent to ROFR: 2/07/19
    Passed ROFR: 3/01/19
    Closing docs received: 3/15/19
    Buyer’s closing docs returned: 3/15/19
    Seller’s closing docs returned: 3/20/19
    Closing: 3/25/19
    Deed recorded on OC site: 4/1/19
    Contract Visible on member site: 4/8/19*
    Points in my account: 4/12/19

    Points appeared around 4pm. Sadly because of the 2 week delay caused by my title company I am well into the 7 month booking window for when I wanted to stay at Disney, there are NO rooms available at ANY resort my week in November.
     
    missbecca likes this.
  10. C Von Schweetz

    C Von Schweetz Earning My Ears

    Joined:
    Mar 25, 2014
    Messages:
    15
    2nd contract

    Home: The Villas at Grand Floridian (75 points)
    Broker: DVC Resale Market
    Title Company: Magic Vacation Title
    Offer made: 3/24/19
    Offer accepted: 3/24/19
    Contract received and returned: 3/26/19
    Sent to ROFR: 3/27/19
    Passed ROFR: 4/5/19
    Closing docs received: 4/12/19
    Buyer’s closing docs returned: TBD
    Seller’s closing docs returned: TBD
    Closing: TBD
    Deed recorded on OC site: TBD
    Contract Visible on member site: TBD
    Points in my account: TBD
    Membership welcome letter and number: TBD
     
    missbecca likes this.
  11. Cyberc1978

    Cyberc1978 DIS Veteran

    Joined:
    Jul 19, 2016
    Messages:
    1,288
    Quick question why is it that Fidelity closing company first American is taking sooooo long to provide the closing docs when other closing companies can do it in no time?
     
    mrsg00fy likes this.
  12. jodybird511

    jodybird511 Mouseketeer

    Joined:
    Oct 31, 2014
    Messages:
    373
    Update #1:

    Home: AUL
    Broker: DVC Resale Market (Marissa)
    Title Company: First American
    Offer made: 2/12/19
    Offer accepted: 2/12/19
    Sent to ROFR: 2/15/19
    Passed ROFR: 3/4/19
    Closing docs received: 4/5/2019
    Buyer’s closing docs returned: 4/9/2019
    Seller’s closing docs returned: 4/9/2019
    Closing: 4/10/2019
    Deed recorded on HI BOC site: 4/15/2019
    Contract Visible on member site: ???
    Points in my account: ???
     
    missbecca likes this.
  13. Donald Ace

    Donald Ace Earning My Ears

    Joined:
    May 20, 2016
    Messages:
    18
    Update:

    Home: Animal Kingdom Villas
    Broker: The Timeshare Store
    Title Company: Mason Title
    Offer made: 3/28/19
    Offer accepted: 3/29/19
    Sent to ROFR: 3/30/19
    Passed ROFR: 4/13/19
    Closing docs received: TBD
    Closing docs returned: TBD
    Funds sent: TBD
    Seller returned closing docs: TBD
    Closing: TBD
    Deed recorded on OC site: TBD
    Contract Visible on member site: TBD
    Points in my account: TBD
     
  14. Hwilliams602

    Hwilliams602 —❤️ALL THINGS DISNEY❤️—

    Joined:
    Oct 26, 2017
    Messages:
    12
    Called Member Administration today. They informed me that they’ve received everything, but it takes exactly 2 weeks for them to input all of the information into the system. Which, at that time, my member number will be created. Do they always drag their feet or is it because I’m a new member?
     
  15. Rush

    Rush Earning My Ears

    Joined:
    Mar 12, 2019
    Messages:
    51
    That would be a great question to ask First American. I’m sure many here would love to hear their response. Based on their reputation on this forum I would avoid them at all cost if I could.
     
    mrsg00fy likes this.
  16. dumaresq

    dumaresq Earning My Ears

    Joined:
    Feb 15, 2019
    Messages:
    48
    Two weeks from when? My account existed 7 days after my contract was recorded on the OC Website. The points were in my account 5 days after that. I was a new member as well. 2 weeks doesn't sound right unless they are just buffering and they mean from recording until points in your account. I even got the physical mail to my house within 2 weeks of the OC website being updated.
     
    mrsg00fy likes this.
  17. sndral

    sndral DIS Veteran

    Joined:
    Feb 3, 2008
    Messages:
    3,339
    I think it ebbs and flows depending on how busy they are, my rule of thumb is that it generally takes about 10 actual days from recording to being in the system and then a couple of days after for points to be loaded (based on my experiences w/ 3 resale purchases and following the purchasing/closing threads.)
    2 weeks is 10 business days - so that’s not too far off.
    Actually getting the info. you need to access your account as a first time owner very much depends on whether you speak with member administration or member services, when the member administration lines are busy your call routes to member services and you won’t get new account info. from them.
    At present it may take a bit longer since Riviera just opened so there may be more purchases going through than usual.
     
  18. Lyusuf27

    Lyusuf27 Earning My Ears

    Joined:
    Nov 5, 2018
    Messages:
    15
    I got told the same when I called but I misinterpreted it more as the maximum so we’re not calling bothering them multiple times a day
     
  19. missbecca

    missbecca Mouseketeer

    Joined:
    Jan 10, 2014
    Messages:
    97
    Fellow new member here and I’ve been getting the same response from Member Administration. Based on others data here in this thread I figured that calling MS around 7-8 days post-deed recording would be safe. My deed was recorded on 4/4 so I called on 4/11 and was told it was received on 4/5 and they are processed in the order in which they were received and that was that. I called the next day hoping to at least get a ballpark date and the response I got was 2-3 weeks from when the information is received. Called again yesterday (annoying perhaps, but my dates are filling up fast and we’re getting very anxious) and got the same response.
     
  20. Moocabn2258

    Moocabn2258 Mouseketeer

    Joined:
    Jul 19, 2015
    Messages:
    130
    4th Update:

    Home: SSR
    Broker: DVC Resale Market
    Title Company: Magic Vacation Title
    Offer made: 3/7/19
    Offer accepted: 3/8/19
    Sent to ROFR: 3/12/19
    Passed ROFR: 3/26/19
    Closing docs received: 3/28/19
    Buyer’s closing docs returned: 3/29/19
    Seller’s closing docs returned: ?
    Closing: 4/11/19
    Deed recorded on OC site: 4/16/19
    Contract Visible on member site:
    Points in my account:
    Member letter received:
     
    missbecca likes this.
  21. Rush

    Rush Earning My Ears

    Joined:
    Mar 12, 2019
    Messages:
    51
    1st update

    Home: SSR
    Broker: The Timeshare Store
    Title Company: Mason Title
    Offer made: 3/10/19
    Offer accepted: 3/10/19
    Sent to ROFR: 3/12/19
    Passed ROFR: 3/26/19
    Closing docs received: 4/1/19
    Buyer’s closing docs returned: 4/4/19
    Seller’s closing docs returned: 4/15/19
    Closing: 4/16/19
    Deed recorded on OC site: 4/16/19
    Contract Visible on member site:
    Points in my account:
    Member letter received:

    With any luck, since this will be an add on to an existing resort and UY we currently own I’m hoping it shows up in our account soon so that we can book for a late summer/early fall trip before all the rooms are gone.
     

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