Closing Time!!

[Rush]

Home: AKV
Broker: www.dvcsales.com
Title Company: Mason Title
Offer made: 6/20/21
Offer accepted: 6/20/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21 (payment will be sent when seller returns docs)
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[KTownRaider]

Home: VGF
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 5/10/21
Offer accepted: 5/11/21
Sent to ROFR: 5/12/21
Passed ROFR: 6/1/21
Estoppel Received: 6/14/21
Closing docs received: 6/29/2021
Closing docs with funds returned: 6/30/2021
Sellers closing docs returned: 7/1/2021
Closing: 7/2/2021
Deed recorded: 7/7/2021
Membership created & contract showing: 7/13/2021
Points in account:

Total Time from Offer to Points in Account:

 

[macman123]

Home: VGF
Broker: dvcresalemarket
Title Company: Magic Vacation Title
Offer made: 5/10/21
Offer accepted: 5/10/21
Sent to ROFR: 5/14/21
Passed ROFR: 6/4/21
Estoppel Received: ?
Closing docs received: 6/24/21
Closing docs returned: 6/24/21
Sellers closing docs returned: ?
Closing: 7/1/21
Deed recorded: 7/6/21
Membership created & contract showing: 7/13/21
Points in account:

Wow, its usually 2-3 weeks from being recorded. You had this in 7 days. Well done.

Mine was recorded on 6th July as well. So fingers crossed.

 

[HIRyeDVC]

Home: VGF
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 5/10/21
Offer accepted: 5/11/21
Sent to ROFR: 5/12/21
Passed ROFR: 6/1/21
Estoppel Received: 6/14/21
Closing docs received: 6/29/2021
Closing docs with funds returned: 6/30/2021
Sellers closing docs returned: 7/1/2021
Closing: 7/2/2021
Deed recorded: 7/7/2021
Membership created & contract showing: 7/13/2021
Points in account:

Total Time from Offer to Points in Account:

so....close.....

 

[macman123]

Home: VGF
Broker: https://www.**********.com/
Title Company: Mason
Offer made: 04/28/21
Offer accepted: 04/29/21
Sent to ROFR: 04/29/21
Passed ROFR: 05/18/21
Estoppel Received: ?
Closing docs received: 6/04/21
Closing docs returned: 6/29/21
Sellers closing docs returned:
Closing: 7/02/21
Deed recorded: - 7/06/21
Contract Showing on Membership: - 07/14/21
Points in account

 

[T-i-double-guh-er]

Home: Aulani
Broker: www.*************.com
Title Company: www.TRCSInc.com
Offer made: 5/2/21
Offer accepted: 5/2/21
Sent to ROFR: 5/3/21
Passed ROFR: 5/21/21
Closing docs received: 6/22/21
Closing docs returned: 6/31/21
Seller returned closing docs: ???
Closing: 7/1/21
Deed recorded: 7/1/21
Contract showing on membership: 7/13/21
Points in account: 7/14/21

I got impatient and called this afternoon to get the points loaded, because we wanted to book a room for February at Aulani with these points before the 7-month window opened up.

 

[macman123]

Home: VGF
Broker: https://www.**********.com/
Title Company: Mason
Offer made: 04/28/21
Offer accepted: 04/29/21
Sent to ROFR: 04/29/21
Passed ROFR: 05/18/21
Estoppel Received: ?
Closing docs received: 6/04/21
Closing docs returned: 6/29/21
Sellers closing docs returned:
Closing: 7/02/21
Deed recorded: - 7/06/21
Contract Showing on Membership: - 07/14/21
Points in account - 07/15/21

 

[mrsclark]

Update!

BCV 1 of 2
Home: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Estoppel Received: 7/09/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

BCV 2 of 2

Home: BCV
Broker: www.****************.com
Title Company: Mason
Offer made: 6/18/21
Offer accepted: 6/18/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/15/21
Closing docs returned: 7/16/21
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

We are cruising right along - this is actually going a little faster than I thought it would be at this point.

My dad is purchasing both of these contracts, I am just doing all the legwork for him.

We have decided that for both contracts, we are going to wait to wire funds until the title companies confirm that they have received the seller’s closing documents back.

 

[KTownRaider]

Home: VGF
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 5/10/21
Offer accepted: 5/11/21
Sent to ROFR: 5/12/21
Passed ROFR: 6/1/21
Estoppel Received: 6/14/21
Closing docs received: 6/29/2021
Closing docs with funds returned: 6/30/2021
Sellers closing docs returned: 7/1/2021
Closing: 7/2/2021
Deed recorded: 7/7/2021
Membership created & contract showing: 7/13/2021
Points in account: 7/16/2021

Total Time from Offer to Points in Account: 67 Days

First resale is in the books! Not a bad timeline at all, and grateful for that given some of the the tough stories that I sometimes see posted here. Also glad to have the points loaded prior to the shut down. Happy Friday everyone!

 

[newarknut]

Our deal for 230 BCV points took 67 days from offer acceptance to points into our account. Our offer was accepted May 5. The 2nd membership # showed up this past Sunday evening and the points loaded on Monday.

 

[ILoveMyDVC]

10 weeks is a long time and not typical. In this case, I think that it somehow got missed. Too many others here got them loaded (without the call) in a much shorter time.

Post to Comprtoller 6/23 - still waiting

 

[SarahWI]

Does anyone have experience with TRSC (timeshare resale closing services)? Good or not good? Fast or slow? We passed ROFR 8 days ago and not a peep from them.

 

[Sandisw]

Does anyone have experience with TRSC (timeshare resale closing services)? Good or not good? Fast or slow? We passed ROFR 8 days ago and not a peep from them.

Yes. Service was not much different than others I have worked with. About 10 days last year to get closing documents.

 

[Gina Renae]

Finally gave up and called Member Services after almost 10 weeks. Got the points loaded in a 54 minute phone call, most of that hold time. They were nice; I was nice; but dang. Hopefully the new system they're loading this weekend will allow more things to be handled automatically. E.g. if a contract is attached to your account why wouldn't the points automatically be added?

Sounds like you were very patient. It's now 3 weeks since the contract showed up in my account, but still no points. I double-checked the paperwork to make sure I didn't accidentally buy a completely stripped contract. I REALLY don't want to spend hours on a phone call to get the points loaded, but it looks like that may be the only way for some of us. Wow. So frustrating. I know the volume of resales has been unusually high, and things will even out over time. Reminding myself to just breathe.

 

[Sandisw]

Sounds like you were very patient. It's now 3 weeks since the contract showed up in my account, but still no points. I double-checked the paperwork to make sure I didn't accidentally buy a completely stripped contract. I REALLY don't want to spend hours on a phone call to get the points loaded, but it looks like that may be the only way for some of us. Wow. So frustrating. I know the volume of resales has been unusually high, and things will even out over time. Reminding myself to just breathe.

Sounds like you may have gone in right before hold. But 3 weeks is a long time so I’d call.

 

[Gina Renae]

Sounds like you may have gone in right before hold. But 3 weeks is a long time so I’d call.

Yes, you're right, I need to call. Thanks for the reply!

 

[HappyThoughtsTees]

Update - contract is in my account, but no points yet

Home Resort: AUL
Broker: www.dvcresalemarket.com
Title Company: First American Title
Offer made: April 2
Offer accepted: April 3
Sent to ROFR: April 5
Passed ROFR: April 30
Closing docs received: May 11 - with errors
Corrected deed and DocuSign received: May 17
Closing docs returned: May 19 (received in HI)
Closing: June 15
Deed recorded: June 15
Contract Showing on Membership: July 8
Points in account:

After waiting 3 weeks from closing, hearing from member admin they had "no record of my deed", then having the title company contact them, contract finally showed up.
Now the wait for the points, which I need to use before MS shuts down.

After going through a direct sale and now this I'm getting really annoyed at Disney's handling of the resale process.

Hi- Can I ask which title agent you had with First American? We have two west coast contracts with them right now and I'm concerned, it's taking quite a while to get our closing docs.

 

[ParkFreak]

Update:

Home Resort: OKW
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 06/02/2021
Offer accepted: 06/02/2021
Sent to ROFR: 06/04/2021
Passed ROFR: 06/29/2021
Estoppel received 07/08/2021
Closing docs received: 7/13/2021
Closing docs returned: 7/14/2021
Seller’s closing docs returned: ?
Closing: 7/21/2021
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

Hoping this add on shows up quick enough to change a one night cash reservation to points for September 2nd! Fingers crossed everyone!

 

[natty650]

Hi- Can I ask which title agent you had with First American? We have two west coast contracts with them right now and I'm concerned, it's taking quite a while to get our closing docs.

Ugh, this whole timeline issue for some folks makes me worried. We passed ROFR for an Aulani contract on 7/11, and the banking deadline is 9/30. I don't mind waiting - I just don't want to lose the points.

How long has the process been for you so far?

 

[Rush]

Ugh, this whole timeline issue for some folks makes me worried. We passed ROFR for an Aulani contract on 7/11, and the banking deadline is 9/30. I don't mind waiting - I just don't want to lose the points.

How long has the process been for you so far?

You should have no problem getting closed by that date, but if you were not to for some reason, you could always make arrangements with the seller to bank the points.