Closing Time!!

[ThinkBelieveDream&Dare]

Home: VGC
Broker: Timeshare Store
Title Company: Mason Title
Offer made: 1/8/19
Offer accepted: 1/8/19
Sent to ROFR: 1/10/19
Passed ROFR: 2/7/19
Closing docs received: 2/13/2019
Buyer’s closing docs returned: 2/19/19 (delayed closing, so didn't rush as much as usual)
Seller’s closing docs returned: 2/19/19 (estimate)
Closing: 3/11/19 (delayed closing)
Contract Visible on member site: 3/24/19
Points in my account: 3/24/19

I hadn't checked the member site in a couple days, as we won't be using the points until June 2020, but was excited to find them there tonight!

Jerry at The Timeshare Store and Marcelo at Mason Title are simply incredible, and I can't recommend them enough. Many thanks to them and the DIS Boards for helping us through this process.

Congratulations @ray3127 HOME!!!!

 

[TexasChick123]

I think it's possible we were allowed to do it that way because we're in the UK @TexasChick123

That’s interesting. I learned something new today.

 

[DduzDis]

Hi @JereMary Yes, I scanned the documents and emailed them back. Both Timeshare Store and Mason Title were great. The seller didn't sign until the 18th March but Mason Title were really quick, sent the documents to Disney on the same day Yaaay, so pleased to be able to call you neighbour

That’s interesting. I learned something new today.

I think the Buyer can scan and email closing docs, but we just waited for 4 weeks for our Seller to sign and return original docs from Australia. Thankfully finally received last Friday.

 

[crvetter]

Updated:

Home: VGC
Broker: DVC Resale Market
Title Company: First American
Offer made: 1/24/19
Offer accepted: 1/24/19
Sent to ROFR: 1/25/19
Passed ROFR: 2/28/19
Closing docs received: 3/8/19
Buyer’s closing docs returned: 3/11/19
Seller’s closing docs returned: 3/12/19
Closing: 3/15/19
Deed recorded on OC site: 3/15/19
Contract Visible on member site: ???
Points in my account: ???

3rd Update:

Home: VGC
Broker: DVC Resale Market
Title Company: First American
Offer made: 1/24/19
Offer accepted: 1/24/19
Sent to ROFR: 1/25/19
Passed ROFR: 2/28/19
Closing docs received: 3/8/19
Buyer’s closing docs returned: 3/11/19
Seller’s closing docs returned: 3/12/19
Closing: 3/15/19
Deed recorded on OC site: 3/15/19
Contract Visible on member site: 3/25/19 (May have been earlier but didn't check since Friday)
Points in my account: ???

 

[JereMary]

2nd Update:
Home: Animal Kingdom Lodge
Broker: The Timeshare Store
Title Company: Mason Title
Offer made: 3/10/19
Offer accepted: 3/10/19
Sent to ROFR: 3/11/19
Passed ROFR: 3/20/19
Closing docs received: 3/25/19
Buyer’s closing docs returned:
Seller’s closing docs returned:
Closing:
Deed recorded on OC site:
Contract Visible on member site:
Points in my account:

 

[DduzDis]

4th Update

Home: BWV
Broker: Resales DVC
Title Company: Jeffrey C Sweet
Offer made: 1/17/19
Offer accepted: 1/17/19
Sent to ROFR: 1/17/19
Passed ROFR: 2/19/19
Closing docs received: 2/22/19
Closing docs returned: 2/22/19
Seller returned closing docs: 3/22/19 (Int'l seller)
Closing: 3/25/19
Deed recorded:
Contract Visible:
Points in my account:

Now we're cooking!

 

[sndral]

Just wondering, were you able to just scan your closing documents and send them back? We are also using Mason Title and The Timeshare Store. Oh, and we also just passed for AKV! Hey neighbor!

We were able to email our doc.s back w/ Mason. Not sure if it would be different if some one was financing as we paid w/ cash via wire. I faxed the initial signed contract when we made our offer. The wired funds took longer to arrive than it would have taken if I’d just sent a certified check using the fedex label Mason included with the doc.s they emailed, so if I were doing it again I’d probably just send the signed doc.s and the check via fedex.
See everyone at AKV - we should meet over by the night vision goggles or @ Victoria Falls

 

[TK-Tampa]

We were able to email our doc.s back w/ Mason. Not sure if it would be different if some one was financing as we paid w/ cash via wire. I faxed the initial signed contract when we made our offer. The wired funds took longer to arrive than it would have taken if I’d just sent a certified check using the fedex label Mason included with the doc.s they emailed, so if I were doing it again I’d probably just send the signed doc.s and the check via fedex.
See everyone at AKV - we should meet over by the night vision goggles or @ Victoria Falls

I have been extremely impressed with Mason. I am waiting for points on the resale BC, but my direct resort is AKV. Always wanted to try the night vision goggles and I live in Florida - so I can meet in AKV just about any time. PM me if you are serious about a rendezvous.

 

[JereMary]

We were able to email our doc.s back w/ Mason. Not sure if it would be different if some one was financing as we paid w/ cash via wire. I faxed the initial signed contract when we made our offer. The wired funds took longer to arrive than it would have taken if I’d just sent a certified check using the fedex label Mason included with the doc.s they emailed, so if I were doing it again I’d probably just send the signed doc.s and the check via fedex.
See everyone at AKV - we should meet over by the night vision goggles or @ Victoria Falls

That sounds great! I love the night vision viewing area!

 

[JereMary]

That sounds great! I love the night vision viewing area!

.....AND Victoria Falls!

 

[missbecca]

As a first time buyer looking forward to closing late this week/early next week (fingers crossed!) how would I know when the contract is added onto my account, or when the points are loaded? Do I need to wait until I receive my member number from DVC to be able to access this information?

 

[MissLiss279]

As a first time buyer looking forward to closing late this week/early next week (fingers crossed!) how would I know when the contract is added onto my account, or when the points are loaded? Do I need to wait until I receive my member number from DVC to be able to access this information?

For me, I was able to call Member Administration 8 or 9 days after I closed. They gave me my member ID and Club ID, then transferred me to Member Services to get my online activation number. Or you can wait to get your Member letter, if you don’t have a reservation that you are waiting to make. I just updated my post to state that I just received my letter:
https://www.disboards.com/threads/closing-time.3392820/page-228#post-60394545

 

[missbecca]

For me, I was able to call Member Administration 8 or 9 days after I closed. They gave me my member ID and Club ID, then transferred me to Member Services to get my online activation number. Or you can wait to get your Member letter, if you don’t have a reservation that you are waiting to make. I just updated my post to state that I just received my letter:
https://www.disboards.com/threads/closing-time.3392820/page-228#post-60394545

Thanks so much!

 

[Moocabn2258]

Just passed ROFR!

Home: SSR
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 3/7/19
Offer accepted: 3/8/19
Sent to ROFR: 3/12/19
Passed ROFR: 3/26/19
Closing docs received:
Buyer’s closing docs returned:
Seller’s closing docs returned:
Closing:
Deed recorded on OC site:
Contract Visible on member site:
Points in my account:
Member letter received:

 

[Moocabn2258]

Hi all! Quick question for you. Below is the note I got from the Broker. It says they issue closing documents once Disney issues the estoppel and that it can take 2-3 weeks after waiver??? Seems like everyone received their closing documents in less time than that. Do they just over estimate?

Note from broker:

"Disney waived ROFR on your contract and so it will now go to the title company for closing. About 2-3 weeks after waiver, Disney will issue the estoppel certificate to the title company.

Here is a brief timeline of the remaining steps:

1) Once the title company receives the estoppel they can prepare and send the closing documents to you.

2) Once the documents are returned by both parties, the title company can close the contract and you will be notified.

3) Lastly, the contract is recorded and a copy is sent to Disney for Membership transfer which typically takes 10-14 days."

 

[dumaresq]

Hi all! Quick question for you. Below is the note I got from the Broker. It says they issue closing documents once Disney issues the estoppel and that it can take 2-3 weeks after waiver??? Seems like everyone received their closing documents in less time than that. Do they just over estimate?

Note from broker:

"Disney waived ROFR on your contract and so it will now go to the title company for closing. About 2-3 weeks after waiver, Disney will issue the estoppel certificate to the title company.

Here is a brief timeline of the remaining steps:

1) Once the title company receives the estoppel they can prepare and send the closing documents to you.

2) Once the documents are returned by both parties, the title company can close the contract and you will be notified.

3) Lastly, the contract is recorded and a copy is sent to Disney for Membership transfer which typically takes 10-14 days."

It depends on your Broker and Title company. Some of them are much faster, others (like mine seem to only operate when you poke them....

 

[skippytx]

They generally overestimate to play it safe. I had closing docs 8 calendar days after ROFR was waived. My resale transaction moved quickly though, 35 days I think from offer to deed being recorded. (That is not normal and should not be expected)

Better to under promise and over deliver.

 

[missbecca]

Hi all! Quick question for you. Below is the note I got from the Broker. It says they issue closing documents once Disney issues the estoppel and that it can take 2-3 weeks after waiver??? Seems like everyone received their closing documents in less time than that. Do they just over estimate?

Note from broker:

"Disney waived ROFR on your contract and so it will now go to the title company for closing. About 2-3 weeks after waiver, Disney will issue the estoppel certificate to the title company.

Here is a brief timeline of the remaining steps:

1) Once the title company receives the estoppel they can prepare and send the closing documents to you.

2) Once the documents are returned by both parties, the title company can close the contract and you will be notified.

3) Lastly, the contract is recorded and a copy is sent to Disney for Membership transfer which typically takes 10-14 days."

I have the same broker and title company that you’ve listed, and I received my closing documents 3 days after closing. Congrats on passing ROFR!

 

[jodybird511]

Hi all! Quick question for you. Below is the note I got from the Broker. It says they issue closing documents once Disney issues the estoppel and that it can take 2-3 weeks after waiver??? Seems like everyone received their closing documents in less time than that. Do they just over estimate?

Note from broker:

"Disney waived ROFR on your contract and so it will now go to the title company for closing. About 2-3 weeks after waiver, Disney will issue the estoppel certificate to the title company.

Here is a brief timeline of the remaining steps:

1) Once the title company receives the estoppel they can prepare and send the closing documents to you.

2) Once the documents are returned by both parties, the title company can close the contract and you will be notified.

3) Lastly, the contract is recorded and a copy is sent to Disney for Membership transfer which typically takes 10-14 days."

I'm guessing your broker is DVC Resale Market, Moocabn? I received an almost identical email from them just this morning in reply to my inquiry about our contract that passed ROFR on 3/4.

 

[Moocabn2258]

I have the same broker and title company that you’ve listed, and I received my closing documents 3 days after closing. Congrats on passing ROFR!

Good to know! Thank you.