Closing Time!!

[crazyventures]

Closed and recorded 8 days ago on 3/21, please hurry !!!

Waiting on our member number too. I'm so impatient!

 

[vnovabri]

So I guess I have closed? This is the email I got from the title company below, I'm a bit confused, can someone clarify the upcoming deadlines/process/expectations for me?

"We have finalized the transaction. Disney has been notified of the change of ownership. Please allow Disney 7-14 business days to complete the change of ownership. Disney will provide you a welcome package including your membership id card(s) within 30 days. Your owner’s policy and recorded deed will go out by regular mail tomorrow."

 

[gharter]

So I guess I have closed? This is the email I got from the title company below, I'm a bit confused, can someone clarify the upcoming deadlines/process/expectations for me?

"We have finalized the transaction. Disney has been notified of the change of ownership. Please allow Disney 7-14 business days to complete the change of ownership. Disney will provide you a welcome package including your membership id card(s) within 30 days. Your owner’s policy and recorded deed will go out by regular mail tomorrow."

It sounds like closing is finished. I would check http://or.occompt.com/recorder/eagleweb/docSearch.jsp to see if the deed is posted. Once it is posted, then you are just waiting for your membership packet and a separate envelope with your member number.
Hope it's a short wait.

 

[vnovabri]

It sounds like closing is finished. I would check http://or.occompt.com/recorder/eagleweb/docSearch.jsp to see if the deed is posted. Once it is posted, then you are just waiting for your membership packet and a separate envelope with your member number.
Hope it's a short wait.

Okay thanks! Nothing with the OCC yet, hopefully it is quick so we can get our member number and book a trip

 

[wn01aa]

Offer accepted 1/30
Sent for ROFR 2/1
Passed ROFR 2/26
Closed 3/28
Deed Recorded 3/29

 

[vnovabri]

Updated timeline.

Offer sent 2/2
Sent for ROFR 2/3
Passed ROFR 2/29
Closing docs 3/21
Docs Returned 3/22
Closed 3/29
Deed Recorded 3/30

 

[Meandnevaeh]

Emailed title company today to find out if it looks like I will be closing tomorrow(the scheduled closing date in the contract) and they have not received the paperwork from the sellers yet, so most likely not happening tomorrow . Ugh.

 

[Wobbley]

So I got the email we have closed Info sent to Disney. It is not on the OCC yet I thought it went there first? anyway Yay we have closed.

1/18 offer accepted
1/22 sent to rofr
2/19 passed rofr
3/9 Estoppable back (we were not told I called the 11th for unrelated info and found out they had it)
3/11 closing documents received and sent back funds wired.
3/30 Closed

 

[gharter]

So I got the email we have closed Info sent to Disney. It is not on the OCC yet I thought it went there first? anyway Yay we have closed.

1/18 offer accepted
1/22 sent to rofr
2/19 passed rofr
3/9 Estoppable back (we were not told I called the 11th for unrelated info and found out they had it)
3/11 closing documents received and sent back funds wired.
3/30 Closed

The Title company takes care of the closing, then it goes to be recorded. From closing to being recorded can be 2 days to 2 weeks. Then you wait for the magic envelope. Good luck.

 

[Heather Heflin]

Emailed title company today to find out if it looks like I will be closing tomorrow(the scheduled closing date in the contract) and they have not received the paperwork from the sellers yet, so most likely not happening tomorrow . Ugh.

Has the broker emailed or called the seller to ask what the hold up is? I would be so impatient by now lol

 

[Franzenel]

Yeah I would email or call too. Your money is tied up so you have every right to know what is going on.

 

[crazyventures]

Waiting for your member number might be worse than waiting for ROFR. I just want to book my trip, Disney!

 

[gracerussell]

Waiting for your member number might be worse than waiting for ROFR. I just want to book my trip, Disney!

YEEEEEESSSSSSS!

I have a portion of our reservation booked with our remaining points from our first contract and its KILLING me to wait. I check availability at least once a day....ok for now, at least for the first half of our trip...but we will have to stay somewhere other than our home resort for the second half, and that wait to 7 months is going to be a nail biter...I suppose I should just waitlist our home resort in case there's nothing at 7 months?

 

[Meandnevaeh]

Yeah I would email or call too. Your money is tied up so you have every right to know what is going on.

They said they haven't received the sellers paperwork, they are international, so I get it might take a little longer but we had documents on 3/16, so it shouldn't take 2 whole weeks???

 

[Franzenel]

Wow that stinks. Have they said it has been sent yet? Do they have a tracking number?

 

[Meandnevaeh]

They said it has been sent, they said nothing of a tracking number.

 

[vnovabri]

They said it has been sent, they said nothing of a tracking number.

I feel your pain, it took over a week for the sellers to return their documents, but once they did we closed and the deed was recorded in a day, so hopefully you have a similar result today or monday.

 

[Franzenel]

I would assume they are using Fedex to ship the paperwork back so they should have a tracking number. they might not give it to you but they should be able to track it. at least if they said well it shipped but Fedex is saying it won't be here until Tuesday you would have a little bit of closer instead of checking your email every few hours. or at least that is what I did. LOL

 

[Wobbley]

Word of warning when you search on this website for your title recording make sure you put your name in the grantee box not the grantor box like I was.

http://or.occompt.com/recorder/eagleweb/docSearchResults.jsp?searchId=1

 

[Wobbley]

1/18 offer accepted
1/22 sent to rofr
2/19 passed rofr
3/9 Estoppable
3/11 closing documents received and sent back funds wired.
3/30 Closed
3/31 recorded