Closing Time!!

[ICEMAN3205]

Once your contract passes the closing date, you, as the buyer, can walk away and get your deposit back. Sellers have until that date to get the documents in.

Since that date is passed, you have a tough decision to make. Canceling starts the process over. Not having the ability to book a trip for another month or so may make these deal not such a good deal if you end up not getting to book what you want.

When we were faced with this decision...seller had not yet returned after almost a month...we told the title company and broker we were walking, even if it meant losing the deposit. We gave them 2 more weeks to close (which was still within the window) or we would not be sending the funds and walking away.

The next day, the seller's documents arrived, and we closed on time. Good luck!

I told the closing agent I would give them one more week. They said”..on 8/25 the documents were with the notary” I know by going resale these are the issues I signed up for, but I am becoming so disenfranchised already and I haven’t even dealt with MS yet.

 

[FSUSammy]

I told the closing agent I would give them one more week. They said”..on 8/25 the documents were with the notary” I know by going resale these are the issues I signed up for, but I am becoming so disenfranchised already and I haven’t even dealt with MS yet.

So they couldn't confirm that the documents have actually been notarized OR are actually en route back to the closing agent?

 

[ICEMAN3205]

So they couldn't confirm that the documents have actually been notarized OR are actually en route back to the closing agent?

Apparently not. The agent sent a follow up email today. Waiting…. It’s not like we are talking East Asia, it’s England and a 5 hour time difference.

 

[Lee Matthews]

I’ll update the string later but my Vero beach contract that recorded 8/2 appeared on my account this morning

 

[FSUSammy]

Apparently not. The agent sent a follow up email today. Waiting…. It’s not like we are talking East Asia, it’s England and a 5 hour time difference.

I would hound them every single day until you get an update, if you want to stick this one out. But I also have ZERO patience lol

 

[ILoveMyDVC]

I’ll update the string later but my Vero beach contract that recorded 8/2 appeared on my account this morning

Happy for you but it prompted me to write my email now that they are doing August leaving those of us in July behind.

 

[Lee Matthews]

That’s why I thought I’d post it because I knew there was a load of you all waiting still.

 

[ForWhomTheMouseTolls]

Home Resort: AUL
Broker: www.dvcresalemarket.com
Title Company: First American
Offer made: 5/16/2021
Offer accepted: 5/17/2021
Sent to ROFR: 5/20/2021
Passed ROFR: 6/10/2021
Estoppel Received: 6/14/2021
Closing docs received: 6/14/2021
Closing docs returned: 6/20/2021
Sellers closing docs returned: 6/20/2021
Funds wired: 7/27/2021
Closing: 8/3/2021
Deed recorded: 8/3/2021
Contract Showing on Membership: 9/1/2021
Points in account:

 

[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: 7/20/21
Funds Wired: 7/20/21
Closing: 7/22/21
Deed recorded: 07/27/2021
Contract Showing on Membership (new member): 8/25/21
Points in account: 9/2/21

Total Days: 89


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: 7/30/21
Funds Wired: 7/30/21
Closing: 8/3/21
Deed recorded: 8/4/21
Contract Showing on Membership:
Points in account:

Hooray! First contract is finally finished!!!!

 

[kandlsutton]

Update and the next wait begins…

Home: CCV
Broker: www.dvcresalemarket.com
Title Company: Mason Title
Offer made: 7/26/21
Offer accepted: 7/26/21
Sent to ROFR: 7/29/21
Passed ROFR: 8/26/21
Estoppel Received: 8/26/21
Closing docs received: 8/27/21
Closing docs returned: 8/28/21
Sellers closing docs returned: 8/30/21
Funds wired/received: 8/31/21
Closing: 9/02/21
Deed recorded: 9/03/21
Contract Showing on Membership:
Points in account:

 

[ddubaynavarro]

STILL DO NOT HAVE MY POINTS IN MY ACCOUNT.......I am SOOOO frustrated!

Update to this....they had accidentally created me a new membership and the first person I spoke to at member services missed it. They are now combined and all is well.

 

[CWTC]

Update to this....they had accidentally created me a new membership and the first person I spoke to at member services missed it. They are now combined and all is well.

So if they do that its fixable? We have resale -> direct (bought direct after resale, all same UY) and are in the process of closing on a resale (same UY). We have been worried about a lot of things but this was one of them. I assumed it was unfixable. Sorry this happened to you but good to know it can be fixed - thank you for the information.

 

[scheddj]

Final update:

Home Resort: BWV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: June10
Offer accepted: June 10
Sent to ROFR: June 14
Passed ROFR: June 30
Estoppel received: July 8
Closing docs received: July 16
Closing docs returned: July 16
Funds wired: July 19
Sellers closing docs returned: July 26
Closing: July 27
Deed recorded: July 28
Membership created & contract showing: August 28
Points in account: September 4

86 days total

 

[LadybugsMum]

Final update:

Home Resort: BWV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: June10
Offer accepted: June 10
Sent to ROFR: June 14
Passed ROFR: June 30
Estoppel received: July 8
Closing docs received: July 16
Closing docs returned: July 16
Funds wired: July 19
Sellers closing docs returned: July 26
Closing: July 27
Deed recorded: July 28
Membership created & contract showing: August 28
Points in account: September 4

86 days total

Did you have to call to get the points loaded?

 

[ILoveMyDVC]

I finally got my points that were posted on the comptroller site on 7/30 by sending an email. I called MS 2 days later to get the points loaded rather than wait an additional quoted 7-10 days. MS was SUPER! They were VERY understanding about having had waited 5 weeks and after a very long wait they loaded the points.

 

[LilyJC]

Home Resort: Bay Lake
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/24/21
Passed ROFR: 7/28/21
Closing docs received: 8/2/21
Closing docs returned: 8/2/21
Sellers docs returned: 8/6/21
Funds wired: 8/6/21
Closing: 8/9/21
Deed recorded: 8/10/21
Contract Showing on Membership: 9/5/21
Points in account:

Someone was working late! Received the email at 8:45pm PST, and the contract wasn’t there ~ 2 hours earlier.

 

[HappyThoughtsTees]

Home: VGC
Broker: www.dvcresalemarket.com
Title: https://www.firstam.com
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/7/21
Passed ROFR: 6/30
Estoppel received: 7/9/21
Closing docs received: 7/30/21
Closing docs returned: 7/30/21
Seller returned closing docs: 8/3/21
Closing: 8/6/21
Deed recorded: 8/6/21
Contract Showing on Membership: 9/6/21
Points in account:


Home: VGC
Broker: www.dvcresalemarket.com
Title: https://www.firstam.com
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/7/21
Passed ROFR: 6/30/21
Estoppel received: 7/9/21
Closing docs received: 7/30/21
Closing docs returned: 7/30/21
Seller returned closing docs: 8/3/21
Closing: 8/6/21
Deed recorded: 8/6/21
Contract Showing on Membership: 9/6/21
Points in account:

 

[Nolefan1984]

Home Resort: Bay Lake
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/24/21
Passed ROFR: 7/28/21
Closing docs received: 8/2/21
Closing docs returned: 8/2/21
Sellers docs returned: 8/6/21
Funds wired: 8/6/21
Closing: 8/9/21
Deed recorded: 8/10/21
Contract Showing on Membership: 9/5/21
Points in account:

Someone was working late! Received the email at 8:45pm PST, and the contract wasn’t there ~ 2 hours earlier.

8/10 is when my deed was recorded. I see the light at the end of the tunnel!

 

[TroJo]

8/10 is when my deed was recorded. I see the light at the end of the tunnel!

Right there with you. Come on 8/10.

 

[FSUSammy]

Home Resort: Bay Lake
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/24/21
Passed ROFR: 7/28/21
Closing docs received: 8/2/21
Closing docs returned: 8/2/21
Sellers docs returned: 8/6/21
Funds wired: 8/6/21
Closing: 8/9/21
Deed recorded: 8/10/21
Contract Showing on Membership: 9/5/21
Points in account:

Someone was working late! Received the email at 8:45pm PST, and the contract wasn’t there ~ 2 hours earlier.

Yours is the closets I've seen to our recorded date for BLT lol we recorded on 8/11. Hoping to see something this week from them