Closing Time!!

[espov]

Now be prepared to wait a while for closing. It took me over almost 4 weeks to receive closing documents from First American on my passing ROFR 6/7 , received closing documents 7/2. I had receive email from Fidelity when passed ROFR saying would take 4 weeks to receive closing documents and it essentially did.

That's crazy bc I got my closing docs same day as told about ROFR and the second contract 2 days later (it was 4 of July week). I def recommend Mason Title for any DVC closing.

 

[espov]

I just wrapped up my 100 point add-on. This is the second contract where ROFR took longer than 30 days before passing. I'm hoping that this will keep the addonitis under control.

Home: BLT
Broker: Buy and Sell DVC (Bee Thaxton before she moved to *******.com)
Title Company: TRCS, Inc.
Offer made: 4/22/19
Offer accepted: 4/22/19
Sent to ROFR: 4/23/19
Passed ROFR: 5/29/19
Closing docs received: 6/11/19
Buyer’s closing docs returned: 6/16/19
Seller’s closing docs returned: 6/16/19
Closing: 6/17/19
Deed recorded on OC site: 6/17/19
Contract Visible on member site: 6/28/19
Points in my account: 7/9/19

Question--- with the add-on; does it just appear in your account? or do you need to wait for an email/ letter in the mail?

 

[badeacon]

That's crazy bc I got my closing docs same day as told about ROFR and the second contract 2 days later (it was 4 of July week). I def recommend Mason Title for any DVC closing.

That is First American's way as many have documented on threads here. i also had another contract with different broker and closing agent Jeffrey Sweet which passed ROFR 6/12 and received closing documents same day.

 

[Megb1]

Home: VGC
Broker: Fidelity
Title Company: First American
Offer made: 5/7/19
Offer accepted: 5/8/19
Sent to ROFR: 5/17/19
Passed ROFR: 6/4/19
Closing docs received: 6/10/19
Closing docs returned: 6/13/19
Funds sent: 6/13/19
Seller returned closing docs: ?
Closing: 6/20/19
Deed recorded on OC site: 6/19/19
Received E-mail with one-time code: 7/5/19
Contract Visible on member site: ?
Received welcome letter: 7/16/19
Points in my account: ? stripped contract

 

[Disney Doc07]

Question--- with the add-on; does it just appear in your account? or do you need to wait for an email/ letter in the mail?

It just appears on your account but you then still have to wait for the points to get loaded in

 

[tarajean1962]

Now be prepared to wait a while for closing. It took me almost 4 weeks to receive closing documents from First American on my passing ROFR 6/7 , received closing documents 7/2. I had receive email from Fidelity when passed ROFR saying would take 4 weeks to receive closing documents and it essentially did.

i guess i hit the post button twice. sorry

That’s okay!! We are just so thrilled that our contract passé ROFR!!

 

[espov]

It just appears on your account but you then still have to wait for the points to get loaded in

Reservations can be booked before points get loaded or must wait for the points to hit account ?

 

[crvetter]

Reservations can be booked before points get loaded or must wait for the points to hit account ?

You have to wait for the point to be loaded. Basically Member Administration creates the shell (which is what you see when it is first added to your account without points). Then Member Services verify the points and loads the account at which point you can see the points and make a reservation.

Once the shell of the account is created you could call Member Services and maybe they will load it right away. Though that is a rare occurrence for them to do that; in fact most MS CMs won't even understand that MS handles the loading of points.

 

[Disney Doc07]

Final Update

Home: AKV
Broker: Resales DVC
Title Company: Timeshare Resale Closing Services
Offer made: 4/25/19
Offer accepted: 4/25/19
Sent to ROFR: 4/27/19
Passed ROFR: 5/13/19
Closing docs received: 5/30/2019
Closing docs returned: 5/31/2019
Funds sent: 5/31/2019
Seller returned closing docs: 06/05/2019
Closing: 6/28/19 (took forever to get satisfaction of mortgage)
Deed recorded on OC site: 6/28/19
Contract Visible on member site: 7/10/2019
Welcome Home Letter: 7/16/2019
Points in my account: 7/18/2019

 

[hichicha]

Final Update

Home: AKV
Broker: Resales DVC
Title Company: Timeshare Resale Closing Services
Offer made: 4/25/19
Offer accepted: 4/25/19
Sent to ROFR: 4/27/19
Passed ROFR: 5/13/19
Closing docs received: 5/30/2019
Closing docs returned: 5/31/2019
Funds sent: 5/31/2019
Seller returned closing docs: 06/05/2019
Closing: 6/28/19 (took forever to get satisfaction of mortgage)
Deed recorded on OC site: 6/28/19
Contract Visible on member site: 7/10/2019
Welcome Home Letter: 7/16/2019
Points in my account: 7/18/2019

I believe the sellers of the contract we closed on (poly) had a loan. I'm assuming the satisfaction of mortgage you reference will also be needed?

Also, just wondering if anyone knows why I was told that the deed would be sent to Clerk of Court for recording. Is that appropriate entity to record the deed?

 

[texanlawyer]

Question--- with the add-on; does it just appear in your account? or do you need to wait for an email/ letter in the mail?

Because my add-on has the same home resort and use year as my original membership, the points just appeared in my existing account. I still received a letter from DVC, but it just had the same membership number that I already had and no one-time code. It still took some time for DVC to add the contract and the points to my account, but all I had to do was wait.

 

[marsh0013]

Because my add-on has the same home resort and use year as my original membership, the points just appeared in my existing account. I still received a letter from DVC, but it just had the same membership number that I already had and no one-time code. It still took some time for DVC to add the contract and the points to my account, but all I had to do was wait.

My add on was a different resort and different use year, but still showed up in my existing online account. New member number, I have a drop down to pick. I had provided our original member number to the broker when we filled out our paperwork. I also received the letter with the new member number, but no activation code.

 

[hichicha]

Home: Polynesian (2nd resale contract purchased)
Contract Details: hichicha---$141.25-$24292-160-PVB-Jun-0/18, 289/19, 160/20, 160/21- sent 6/17, passed 7/3
Broker: Vacatia
Title Company: Jeffrey C. Sweet (Closing Costs: $610)
Offer made: 6/4
Offer accepted: 6/8
Sent to ROFR: 6/17
Passed ROFR: 7/3
Closing docs received: 7/11
Closing docs returned: 7/12
Funds sent: 7/12
Seller returned closing docs: 7/16
Closing: 7/16

Deed recorded: 7/19

Contract Visible on member site:
Points in my account:

 

[badeacon]

Home: PVB
Broker: GardenViews (resales )(Rachel Thompson)
Title Company: Jeffrey CSweet
Offer made: 5/18
Offer accepted: 5/18
Sent to ROFR: 5/22
Passed ROFR: 6/12
Closing docs received: 6/12
Closing docs returned: 6/19 (dw was out of town)
Funds sent: 6/19
Seller returned closing docs: 6/26
Closing: 7/2
Deed recorded: 7/3
Contract Visible on member site: 7/12
Received welcome letter:7/19
Points in my account:7/19

Final update on this PVB contract. Points in account today.
Now if can just get seller to return closing documents on my CCV contract passed ROFR 6/8 before this one did.

 

[Cusegirl614]

Final Update!

Home: AKV
Broker: Fidelity
Title Company: First American
Offer made: 5/16/19
Offer accepted: 5/16/19
Sent to ROFR: 5/21/19
Passed ROFR: 6/7/19
Closing docs received: 7/1/19
Closing docs returned: 7/2/19
Funds sent: 7/2/19
Seller returned closing docs: sometime prior to 7/8/19
Closing: 7/10/19
Deed recorded on OC site: 7/10/19
Received E-mail with one-time code:
Contract Visible on member site: 7/15/2019
Received welcome letter: 7/19/2019
Points in my account: 7/19/2019 (I called and asked for a timeline because I am impatient- they loaded while I was on the phone!)

 

[princessfionasmom]

Finally!!!
Home: CCV, 100pts at $140/pt, June UY
Broker: Fidelity
Closing company: First American
Offer Made: 4/25/19
Offer accepted: 4/25/19
Signed Docs: 4/29/19
Sent for ROFR: 5/3/19
Disney waived ROFR: 5/21/19
Closing docs received: 6/9/19
Closing docs sent back: 6/11/19
Sellers returned closing docs: 6/26/19
Funds wired: 7/3/19
Deed recorded: 7/5/2019
Contract visible in account: 7/11/19
Points in my account: 7/19/19

 

[SomeImaginationHuh]

UPDATE TWO

Current Member

Home: BRV
Broker: Resales DVC (Rachel Thompson)
Title Company: Jeffrey Sweet
Offer made: 5/9/19
Offer accepted: 5/9/19
Sent to ROFR: 5/1019
Passed ROFR: 5/22/19 (delayed closing 8/3)
Closing docs received: ***
Closing docs returned: ***
Funds sent: ***
Seller returned closing docs: ***
Closing: ***
Deed recorded on OC site: ***
Received E-mail with one-time code: ***
Contract Visible on member site: ***
Received welcome letter: ***
Points in my account: ***

Home: BLT
Broker: DVC Shop (Bee Thaxton)
Title Company: TRCS
Offer made: 6/6/19
Offer accepted: 6/6/19
Sent to ROFR: 6/10/19
Passed ROFR: 7/3/19
Closing docs received: 7/18/19
Closing docs returned: 7/19/19
Funds sent: 7/22/19 (wire transfer)
Seller returned closing docs: ***
Closing: ***
Deed recorded on OC site: ***
Received E-mail with one-time code: ***
Contract Visible on member site: ***
Received welcome letter: ***
Points in my account: ***

 

[tarajean1962]

We also went with Fidelity and I am stalking my email both junk and non junk every day!! Perhaps I should relax a bit!We just want to be able to book a June trip at AKV with my grandson!!!

 

[BigOnDis]

Home: SSR
Broker: The Timeshare Store (Jerry)
Title Company: Mason Title
Offer made: 6/3/19
Offer accepted: 6/3/19
Sent to ROFR: 6/4/19
Passed ROFR: 6/21/19
Closing docs received: 6/26/19
Closing docs returned: 6/26/19
Funds sent: 6/27/19
Seller returned closing docs: ?
Closing: 7/10/19
Deed recorded on OC site: 7/11/19
Received E-mail with one-time code: Never Received, had to call Member Services 7/22/19
Contract Visible on member site: 7/22/19
Received welcome letter: 7/20/19
Points in my account: 7/24/19

 

[ammo]

Deleted in case this would be perceived as hijacking a very focused thread.