Closing Time!!

[Lorana]

Update!! I got to the bottom of our snail pace process!

Yesterday morning finally got a response to the 2 emails (1 Monday , 1 Tuesday-response Wednesday) I sent the title company-

Good morning Pam I am still waiting for 2 attachment documents that you needed to resign and send back.....

Got to be honest I lost my $&it at that point. My response was pretty much have you lost your mind you confirmed receipt of both documents on the 10th of April when you requested them and My agent from DVC resale market confirmed you requested funding on the 9th!

My next email was to our agent! I have to say they have been amazing within an hour she emailed me back stating that the owner of the title company was now involved and by the end of the day we would have a solution to what is going on.

Mid- morning the I had an apology voicemail & email from the title company that we should close by tomorrow there was no excuse for what was going on she dropped the ball, funds were requested and should close the next day....

We should hear today. I feel so bad for the seller! I hope to god they don’t think we are some kind of idiots. I have been chasing papers with this title company since day one! Begging I know I’m missing something, 4 emails of why has the process stopped 20 days go by oh u didn’t sign ____paper? I never got it! You never sent it!!!

This is our first resale purchase and probably not our last. Talk about stressful.
It’s been never ending! Please I just want my points.....

Glad that you go to the bottom of this, but ohmigod I'd be upset, too. What title company did you use? Magic Vacation Title did the same to me; I had sent a doc and two days later when I pinged to ask the state of things, they told me that they were still waiting for a document I had already sent over. But thankfully that was resolved in 2 days, not 3 weeks!

 

[badeacon]

Home: Copper Creek
Broker:Fidelity
Title Company: First American
Offer made: Feb. 7
Offer accepted: Feb. 7
Sent To ROFR: Feb.17
Passed ROFR: March 6
Closing Documents received and returned: April 6
Seller returned closing documents: April 21
Closing: I guess sometime between 4/21 and 23.
Deed recorded: April 23
Contract showing up in membership:
Points in account:

77 days so far. I had finally received email on 4/21 saying seller had returned closing documents after my contacting them several times. Was told would be notified of closing. Have not received any further information but went on Orange County site and found had been recorded.
As one can see, multiple times of delays in this process for me. 10 days to send to ROFR, 31 days to receive closing documents and 15 days for seller to return closing documents.

 

[E2ME2]

Home: Copper Creek
Broker:Fidelity
Title Company: First American
Offer made: Feb. 7
Offer accepted: Feb. 7
Sent To ROFR: Feb.17
Passed ROFR: March 6
Closing Documents received and returned: April 6
Seller returned closing documents: April 21
Closing: I guess sometime between 4/21 and 23.
Deed recorded: April 23
Contract showing up in membership:
Points in account:

77 days so far. I had finally received email on 4/21 saying seller had returned closing documents after my contacting them several times. Was told would be notified of closing. Have not received any further information but went on Orange County site and found had been recorded.
As one can see, multiple times of delays in this process for me. 10 days to send to ROFR, 31 days to receive closing documents and 15 days for seller to return closing documents.

I'm glad yours finally Closed!
Wasn't 4/23 going to be your final rescission - decision day ?
Now we're still in this race together - I am only 3 days ahead in getting to DVC. Let's see who gets their points loaded first.
ET

 

[badeacon]

I'm glad yours finally Closed!
Wasn't 4/23 going to be your final rescission - decision day ?
Now we're still in this race together - I am only 3 days ahead in getting to DVC. Let's see who gets their points loaded first.
ET

I had told them 4/28 because Sunday 4/27 was 75 days from the effective date of contract. I would have given more time because would be hard find another contract at that price with banked points. Tried to light fire under seller and feel it worked because day after sent that email, the seller found a notary and sent back in closing documents.
Hopefully now we won't have to wait long for points to load and you can book your January.

 

[fixerupper]

Home: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 03/05/2020
Offer accepted: 03/06/2020
Sent to ROFR: 03/10/2020
Passed ROFR: 03/25/2020
Closing docs received: 4/7/20
Closing docs returned: 4/8/20
Seller returned closing docs:??They still didn't have them a week ago.
Closing: 4/23
Deed recorded:
Contract Showing on Membership:
Points in account:

Home: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 03/05/2020
Offer accepted: 03/06/2020
Sent to ROFR: 03/10/2020
Passed ROFR: 03/25/2020
Closing docs received: 4/7/20
Closing docs returned: 4/8/20
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[pamkat1820]

Glad that you go to the bottom of this, but ohmigod I'd be upset, too. What title company did you use? Magic Vacation Title did the same to me; I had sent a doc and two days later when I pinged to ask the state of things, they told me that they were still waiting for a document I had already sent over. But thankfully that was resolved in 2 days, not 3 weeks!

Omg!!! Magical vacation Title for the win! The biggest run around! I feel bad for the sellers. I will never use them again!

 

[badeacon]

Omg!!! Magical vacation Title for the win! The biggest run around! I feel bad for the sellers. I will never use them again!

And Magic Vacation did the fastest closing on a resale that I have had. Wonder if it was the agent?

 

[badeacon]

Omg!!! Magical vacation Title for the win! The biggest run around! I feel bad for the sellers. I will never use them again!

And Magic Vacation did the fastest closing on a resale that I have had. Wonder if it was the agent?

 

[Lorana]

And Magic Vacation did the fastest closing on a resale that I have had. Wonder if it was the agent?

Certaibly could be. I actually had two agents (Brenda and Angela) as they seemed to be doing different parts of the closing, though both were on the emails with my documents.

I confess I’ve much preferred my experiences with Mason Title. Magic Vacation Title charged me fees for putting my deposit on a credit card, fees to receive a wire transfer, and I had to follow up to even get directions for a wire transfer as they only initially provided instructions on mailing a check. It made me feel nickled and dimes when they were already receiving a closing fee.

Edited to add: Though looking back, their closing fees are less than Mason’s so maybe Mason just bakes those fees in. Still, it just left a bad taste to be asked to pay additional fees.

 

[accm]

Second last update! Now just need to (im)patiently wait for my points to load.


Home: BLT
Title Company: Mason
Offer made: 02/29/2020
Offer accepted: 02/29/2020
Sent to ROFR: 03/04/2020
Passed ROFR: 03/24/2020
Closing docs received: 03/25/2020
Closing docs returned: 03/25/2020
Seller returned closing doc: ?
Funds received: 04/09/2020 (bank lost our wire transfer, so had to resend it)
Closing: 04/10/2020
Deed recorded: 04/13/2020
Member Number: 04/24/2020
Account showing new contract: 04/24/2020
Points in my account:

 

[pamkat1820]

Certaibly could be. I actually had two agents (Brenda and Angela) as they seemed to be doing different parts of the closing, though both were on the emails with my documents.

I confess I’ve much preferred my experiences with Mason Title. Magic Vacation Title charged me fees for putting my deposit on a credit card, fees to receive a wire transfer, and I had to follow up to even get directions for a wire transfer as they only initially provided instructions on mailing a check. It made me feel nickled and dimes when they were already receiving a closing fee.

Edited to add: Though looking back, their closing fees are less than Mason’s so maybe Mason just bakes those fees in. Still, it just left a bad taste to be asked to pay additional fees.

I got the impression they really only wanted a bank check. I was havinG nightmares over the closing documents with the check getting lost. Our agent was Brenda, we would send an email saying she received documents then days would go by, I would question what was going on and she would say she never received anything. It was just a lot of added stress that was unneeded. If DVC resale market didn’t step in I feel like there would have never been an end to all of it. Honestly I rather pay more if it means it will be done correctly. We was to add on with a separate contract that we can give to our kids when they are older soon. I will not be using them for a title company

 

[pamkat1820]

Home : Boardwalk Villas
Broker : DVC Resale Market
Title company: Magical Vacation Title
Offer made: February 16
Offer accepted: February 17
Sent to ROFR February 20
Passed ROFR: March 6

Closing documents received: March 24
Returned :March 28
Seller returned documents:?

Requested funding: was told April 6 actually done April 22
Closing: April 23
Deed recorded: April 27
Contract showing membership : May 28th (emailed member services) called for access code
Points in account: June 2 (11 pm) !!

finally done!!!

My crazy timeline....

 

[accm]

Last update! 56 days from offer made to points available. Now if only the DVC website would stop glitching so I could book our trip


Home: BLT
Title Company: Mason
Offer made: 02/29/2020
Offer accepted: 02/29/2020
Sent to ROFR: 03/04/2020
Passed ROFR: 03/24/2020
Closing docs received: 03/25/2020
Closing docs returned: 03/25/2020
Seller returned closing doc: ?
Funds received: 04/09/2020 (bank lost our wire transfer, so had to resend it)
Closing: 04/10/2020
Deed recorded: 04/13/2020
Member Number: 04/24/2020
Account showing new contract: 04/24/2020
Points in my account: 04/24/2020

 

[E2ME2]

Last update! 56 days from offer made to points available. Now if only the DVC website would stop glitching so I could book our trip


Home: BLT
Title Company: Mason
Offer made: 02/29/2020
Offer accepted: 02/29/2020
Sent to ROFR: 03/04/2020
Passed ROFR: 03/24/2020
Closing docs received: 03/25/2020
Closing docs returned: 03/25/2020
Seller returned closing doc: ?
Funds received: 04/09/2020 (bank lost our wire transfer, so had to resend it)
Closing: 04/10/2020
Deed recorded: 04/13/2020
Member Number: 04/24/2020
Account showing new contract: 04/24/2020
Points in my account: 04/24/2020

Stop your "glitching" !
56 Days is the "fast track" compared to mine - on Day 78 waiting for Contract/Points to show up!
ET

 

[fixerupper]

Home: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 03/05/2020
Offer accepted: 03/06/2020
Sent to ROFR: 03/10/2020
Passed ROFR: 03/25/2020
Closing docs received: 4/7/20
Closing docs returned: 4/8/20
Seller returned closing docs:??They still didn't have them a week ago.
Closing: 4/23
Deed recorded: 4/27
Contract Showing on Membership:
Points in account:

Home: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 03/05/2020
Offer accepted: 03/06/2020
Sent to ROFR: 03/10/2020
Passed ROFR: 03/25/2020
Closing docs received: 4/7/20
Closing docs returned: 4/8/20
Seller returned closing docs:??They still didn't have them a week ago.
Closing: 4/23
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[Lorana]

Starting to feel nervous. My 11-month window for our April 2021 trip opens in 16 days, and my contract is still not appearing in my account, let alone my points appearing...

 

[E2ME2]

Starting to feel nervous. My 11-month window for our April 2021 trip opens in 16 days, and my contract is still not appearing in my account, let alone my points appearing...

I'm with you! My resale journey started on 2/9 - finally had Deed Recorded on 4/20 - DVC told me it could take another 4-5 weeks to get points loaded. That puts it between 5/11 & 5/25, and they said they would send an email to notify me, BUT I check the DVC website every day!!!
I'm on Day 81
ET

 

[Lorana]

I'm with you! My resale journey started on 2/9 - finally had Deed Recorded on 4/20 - DVC told me it could take another 4-5 weeks to get points loaded. That puts it between 5/11 & 5/25, and they said they would send an email to notify me, BUT I check the DVC website every day!!!
I'm on Day 81
ET

Ooof. 81 days. My deed was recorded 4/21, so hopefully we’ll both be through this soon. At least I know when you get your points, mine should be soon following!

At least I’m trying to book AKL Grand Villas, so hopefully they won’t all go right at the 11 month mark?

 

[E2ME2]

Ooof. 81 days. My deed was recorded 4/21, so hopefully we’ll both be through this soon. At least I know when you get your points, mine should be soon following!

At least I’m trying to book AKL Grand Villas, so hopefully they won’t all go right at the 11 month mark?

Yeah- a lot of us are moving through this process slowly. I would never have thought it would take up to 90 Days!
Good luck on your GV - Are you looking for Jambo or Kidani. One of them has a pool table, right ??

 

[Lorana]

Yeah- a lot of us are moving through this process slowly. I would never have thought it would take up to 90 Days!

Certainly not!

Good luck on your GV - Are you looking for Jambo or Kidani. One of them has a pool table, right ??

Both, actually! We couldn't make up our mind, so our goal is to do a split stay, 3 nights in each, first Jambo then Kidani. This way I can also save some points by switching to "standard" view since we'll have had 3 nights/4 days of views with full savanna.