Closing Time!!

[Llama mama]

Wow it taking forever for points to reach accounts. I have probably zero chance I will get my points in my account by end of November if it went to ROFR Wednesday. Everyones 7 month for our desired trip will open then

 

[poofyo101]

I finally closed on a contract that passed ROFR at the end of Feb. International seller finally returned the closing docs. So relieved.

 

[chicagoshannon]

Wow it taking forever for points to reach accounts. I have probably zero chance I will get my points in my account by end of November if it went to ROFR Wednesday. Everyones 7 month for our desired trip will open then

yeah we want to go end of January so already well into 7month window. I wonder if there will be any availabilty left in October when we most likely get our points (eyeroll). we leave for vacation in 4 days and at the time I put the offer in I thought I'd have my points before we left.

 

[Bambi19]

I finally closed on a contract that passed ROFR at the end of Feb. International seller finally returned the closing docs. So relieved.

Oh no!! Jeez. I thought I had been waiting a long time at a month for sellers

 

[My3kids1989]

Home: BWV
Broker: https://www.dvcresalemarket.com/
Title Company: Magic Vacation Title https://magicvacationtitle.com/
Offer Made: 4/25/2020
Offer Accepted: 4/25/2020
Sent to ROFR: 4/28/2020
Passed ROFR: 5/28/20
Closing Docs received: 6/11/20
Closing Docs Returned: 6/19/20
(Funds received 6/29/20)
Seller Returned Closing docs: 6/22/20
Closing: 7/7/2020
Deed Recorded: 7/7/2020
Contract Showing on Membership: 8/13/2020 new membership
Points in Account: 8/29/2020

Final update! I didn’t think it would be close to the time I wanted to go when I originally made an offer. I called in today and gave them my closing date, and my welcome email date and while I was on hold I refreshed and like Magic, the points were there!

126 days from offer to points

 

[Madmavis]

Home: BWV
Broker: https://www.dvcresalemarket.com/
Title Company: Magic Vacation Title https://magicvacationtitle.com/
Offer Made: 4/25/2020
Offer Accepted: 4/25/2020
Sent to ROFR: 4/28/2020
Passed ROFR: 5/28/20
Closing Docs received: 6/11/20
Closing Docs Returned: 6/19/20
(Funds received 6/29/20)
Seller Returned Closing docs: 6/22/20
Closing: 7/7/2020
Deed Recorded: 7/7/2020
Contract Showing on Membership: 8/13/2020 new membership
Points in Account: 8/29/2020

Final update! I didn’t think it would be close to the time I wanted to go when I originally made an offer. I called in today and gave them my closing date, and my welcome email date and while I was on hold I refreshed and like Magic, the points were there!

126 days from offer to points

Congratulations

 

[zianha]

Updated to include closing documents received this week.

Home : OKW
Broker: dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 7/13/20
Offer accepted: 7/13/20
Sent to ROFR: 7/17/20
Passed ROFR: 8/25/20
Closing docs received: 8/27/20
Closing docs returned: 8/29/20
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[badeacon]

Home : OKW-E
Broker: www.DVCsales.com
Title Company: Mason title
Offer made: 05/30/20
Offer accepted: 05/30/20
Sent to ROFR: 05/31/20
Passed ROFR: 07/14/20
Closing docs received: 07/18/20
Closing docs returned: 07/20/20
Seller returned closing docs:07/28/20
Closing:07/29/20
Deed recorded:07/30/20
Contract Showing on Membership:08/26/20
Points in account:



Home : AKV
Broker: *************.com
Title Company: TRCS
Offer made: 05/30/20
Offer accepted: 06/01/20
Sent to ROFR: 06/02/20
Passed ROFR: 07/22/20
Closing docs received: 07/27/20
Closing docs returned: 07/28/20
Seller returned closing docs:07/28/20
Closing:08/04/20
Deed recorded:08/04/20
Contract Showing on Membership:08/28/20
Points in account:


Still waiting on points to load from contract showing up in account on 8/11 and have contacted both MA and MS. Will wait until next week to call again and try to get all points loaded. Really want the AKV points as this one has banked points want to use soon.

 

[Lorana]

UPDATED: Points loaded today!
My SSR resale that closed 7/15, 2 weeks before this one? It's still not appearing on my account. :-/

Home: Copper Creek (CCV) - Small Resale #1
Broker: FidelityResales.com
Title Company: Mason Title
Offer made: 05/29/2020
Offer accepted: 05/29/2020
Sent to ROFR: 06/02/2020
Passed ROFR: 07/17/2020
Closing docs received: 7/20/2020 (3 days!!)
Closing docs returned: 7/20/2020
Seller returned closing docs: 7/27/2020
Closing: 7/28/2020
Deed recorded: 7/28/2020
Contract Showing on Membership: 8/24/2020 (27 days since closing/deed recorded)
Points in account: 8/28/2020

TIME TOTAL: 91days
Offer to Sent to ROFR: 4 days
Sent to ROFR to passing: 45 days
ROFR passing to Closing: 11 days
Closing to Points in Account: 31 days and counting....

----------

Here is my experience so far, as I’ve done numerous mostly small contracts:

Closed Contracts (offer to points in account):

BRV Resale - 43 days - Fidelity / Mason
AKL Resale #1 - 49 days - DVC by Resale / Mason
AKL Resale #2 - 40 days - DVC Store / Mason
AKL Resale #3 - 80 days - DVC Resale Market / Magic Vacation Title (start of Covid)
CCV Resale #1 - 91 days - Fidelity / Mason

In progress:
SSR Resale - Buy and Sell / TRCS - 38 days to pass ROFR, 68 days (+30) to closing & deed recording, 113 total days and counting... (Contract not yet appearing and no points yet)
CCV Small Resale #2 - Buy and Sell / TRCS - 38 days to pass ROFR, 44 days so far, waiting for estoppel/closing docs (sent 7/15)
CCV Small Resale #3 - Fidelity / Mason - 38 days so far, waiting to pass ROFR (sent 7/21)

For those who had been following along - I was happy to see that my points posed before 8/31, and thought this meant that Disney would let me deposit them into RCI after all given the requests I had made to Member Accounting given that the delays for getting this contract were not my fault / due to DVC understaffing. However, after numerous phone calls (including numerous disconnects), it is feeling like I'm just going to lose the points after all. No one I spoke to would connect me with a supervisor, and no one would allow me to deposit the 100 points into RCI. The last rep I spoke to said that I would "receive callback from a supervisor once they've had a chance to research this," so here's to seeing if I get a callback and if I'm able to deposit the points after all.

I'm still happy with the contract - it was fully loaded and $134/point - but when I made the offer, I had expected to get the points early enough to deposit into RCI, so it's a little disappointing to lose them.

 

[PaulW08]

For those who had been following along - I was happy to see that my points posed before 8/31, and thought this meant that Disney would let me deposit them into RCI after all given the requests I had made to Member Accounting given that the delays for getting this contract were not my fault / due to DVC understaffing. However, after numerous phone calls (including numerous disconnects), it is feeling like I'm just going to lose the points after all. No one I spoke to would connect me with a supervisor, and no one would allow me to deposit the 100 points into RCI. The last rep I spoke to said that I would "receive callback from a supervisor once they've had a chance to research this," so here's to seeing if I get a callback and if I'm able to deposit the points after all.

I'm still happy with the contract - it was fully loaded and $134/point - but when I made the offer, I had expected to get the points early enough to deposit into RCI, so it's a little disappointing to lose them.

I’m sorry to hear that. I remember you talking about that situation when replying to my contract on the ROFR thread.

Fingers crossed they help you out as I’m still holding out hope for myself as well. Maybe we’ll pass each other in the future when I become your CCV neighbor!

 

[Lorana]

I’m sorry to hear that. I remember you talking about that situation when replying to my contract on the ROFR thread.

Fingers crossed they help you out as I’m still holding out hope for myself as well. Maybe we’ll pass each other in the future when I become your CCV neighbor!

Looking forward to that day when we do!

 

[Lorana]

I’m sorry to hear that. I remember you talking about that situation when replying to my contract on the ROFR thread.

Fingers crossed they help you out as I’m still holding out hope for myself as well. Maybe we’ll pass each other in the future when I become your CCV neighbor!

For those following along at home, I’m SOL on this. They did call me back today, only to say there was nothing they could do — and to tell me that if I had booked a confirmed date of travel with RCI *before today* they could have done that for me, but I needed to be 48 hours or more before the expiration. Which no one told me every other time I called. I think I’d be less upset right now if they hadn’t said that to me, because literally when I was on the phone yesterday or the day before or the day before that, I could have used those points (booked a confirmed travel date, then cancelled it), but every rep I spoke to said I couldn’t do anything with RCI. So... passing along the info in case it helps anyone in the future avoid my fate. If have you have expiring points you can book RCI with at least 48 hours in advance, but the points can not be expiring within those 48 hours.

 

[jotunheim]

Home: Villas of Grand Californian
Broker: DVC Resale Market
Title Company: First American
Offer made: 4/23/2020
Offer accepted: 4/24/20
Sent to ROFR: 4/28/20
Passed ROFR: 6/3/20
Closing docs received: 6/18/20
Closing docs returned: 6/23/20
Seller returned closing docs: 6/22/20
Closing: 6/29/20
Deed recorded: 6/29/20
Contract Showing on Membership: 8/7/20
Points in account: 8/29/20

 

[Madmavis]

Home: Saratoga Springs
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 05/21/20
Offer accepted: 05/21/20
Sent to ROFR: 05/27/20
Passed ROFR: 07/08/20
Closing docs received: 07/23/20
Closing docs returned: 07/24/20
Seller returned closing docs: 07/28/20
Closing: 07/31/20
Deed recorded: 08/04/20
Contract Showing on Membership: 08/28/20
Points in Account: 08/30/20

Finally the process is done new member. The process definatly speed up this month. We are so excited to use our points next year. Thanks to all that post here it helped me stay patient and get an idea when it would all be done.

Congratulations

 

[badeacon]

Home: Beach Club
Broker: www.fidelity.com
Title Company: Mason
Offer made: April 9
Offer accepted: April 14
Sent To ROFR: April 28
Passed ROFR: June 16
Closing Documents received and returned: June 18
Seller returned closing documents: June 29
Closing: July 2
Deed recorded: July 2
Contract showing up in membership: August 11
Points in account:August 31

Points showed up sometime between 10:30 PM 8/30 and 9:30 AM 8/31
Only 145 days for process!!

 

[holyrita]

Home: Animal Kingdom Villas
Broker: www.fidelityresales.com
Title Company: First American
Offer made: 4/14/20
Offer accepted: 4/21/20
Sent to ROFR: 4/30/20
Passed ROFR: 6/16/20
Closing docs received: 7/16/20
Closing docs returned: 7/22/20
Seller returned closing docs: 7/22/20
Closing: 7/28/20
Deed recorded: 7/28/20
Contract Showing on Membership: 8/21/20
Points in account: 8/31/20

And just like that (139 days later) our process is done! So happy to finally have our points and start making some reservations!

 

[Tiffany H]

Home: Bay Lake Tower
Broker: www.dvcresalemarket.com
Title Company: Jeffrey C. Sweet
Offer made: 4/25/20
Offer accepted: 4/27/20
Sent to ROFR: 4/29/20
Passed ROFR: 6/17/20
Closing docs received: 6/22/20
Closing docs returned: 6/25/20
Seller returned closing docs: 7/1/20
Closing: 7/1/20
Deed recorded: 7/2/20
Contract Showing on Membership: 8/11/20 (received Welcome Home email with membership ID)
Points in account: 8/31/20

Time Totals:
ROFR: 49 days
ROFR passing to Closing: 14 days
Closing to Points in Account: 61 days
Offer to Points in Account: 128 days

I have been waiting a long time to post this! But I was waiting until it was complete.

 

[wrdoc]

Home: BWV
Broker: https://www.**********.com
Title Company: https://www.trcsinc.com/
Offer Made: 05/17/2020
Offer Accepted: 05/19/2020
Sent to ROFR: 05/21/2020
Passed ROFR: 07/14/2020
Closing Docs received: 07/22/2020
Closing Docs Returned: 07/24/2020
(Funds received 07/24/2020)
Seller Returned Closing docs: ?
Closing: 08/04/2020
Deed Recorded: 08/04/2020
Contract Showing on Membership: 8/27/2020 new membership
Points in Account: WAITING

 

[Lorana]

Updated: Wow, that was a long time for this contract to appear. I had another contract that closed on 7/28 which appeared on 8/24 before this one... now to wait for points.

Home: Saratoga Springs Resort (SSR)
Broker: Buy & Sell DVC
Title Company: TRCS
Offer made: 05/08/2020
Offer accepted: 05/08/2020
Sent to ROFR: 05/11/2020
Passed ROFR: 06/15/2020
Closing docs received: 7/8/2020 (late evening)
Closing docs returned: 7/9/2020
Seller returned closing docs: 7/14/2020
Closing: 7/15/2020
Deed recorded: 7/15/2020
Contract Showing on Membership: 08/31/2020
Points in account:

TIME TOTAL: 115 days and counting...
offer to ROFR: 38 days
ROFR passing to Closing: 30 days
Closing to Points in Account: 47 days and counting...

******
Here is my experience so far, as I’ve done numerous mostly small contracts:

Closed Contracts (offer to points in account):

BRV Resale - 43 days - Fidelity / Mason
AKL Resale #1 - 49 days - DVC by Resale / Mason
AKL Resale #2 - 40 days - DVC Store / Mason
AKL Resale #3 - 80 days - DVC Resale Market / Magic Vacation Title (start of Covid)
CCV Resale #1 - 91 days - Fidelity / Mason (Covid, end-May to end-August)

In progress:
SSR Resale - Buy and Sell / TRCS - 38 days to pass ROFR, 68 days (+30) to closing & deed recording, 115 days (+47) to contract appearing, 115 total days and counting... (no points yet)
CCV Small Resale #2 - Buy and Sell / TRCS - 38 days to pass ROFR, 47 days so far, waiting for estoppel/closing docs (sent 7/15)
CCV Small Resale #3 - Fidelity / Mason - 41 days so far, waiting to pass ROFR (sent 7/21)

 

[Daisybell911]

I finally closed on a contract that passed ROFR at the end of Feb. International seller finally returned the closing docs. So relieved.

I have an international seller too. I returned my docs on 8/26 but the seller couldn't get an appointment to get notarized until 9/4. They said they will return their docs via FedEx immediately. The seller has been extremely responsive so I'm hoping that the title company receives all the paperwork by next Tuesday. I'm getting the impression that everything is done and the moment they receive the docs, they will settle.

I have a question for everyone. How do you know when your deed is recorded? Does your agent email or is there a website that you can check?