Closing Time!!

[Bluegoat]

A lot longer process than I would have ever imagined, but thanks to this board, I knew what to expect and haven't lost my mind....yet

Home: Saratoga Springs
Broker: www,fidelityresales..com
Title Company: First American
Offer made: 5/30/2020
Offer accepted: 06/01/2020
Sent to ROFR: 06/02/2020
Passed ROFR: 07/20/2020
Closing docs received: 8/19/2020
Closing docs returned: 8/19/2020
Seller returned closing docs: 8/26/2020
Closing: 8/27/2020
Deed recorded: 8/27/2020
Contract Showing on Membership:
Points in account:

 

[Lorana]

UPDATED: Seller Returned Closing Docs, and I made final payment. Now waiting on closing/deed recorded.

Home: Copper Creek (CCV) -- Resale Contract #2
Broker: www.*************.com
Title Company: TRCS
Offer made: 07/14/2020
Offer accepted: 07/15/2020 (1 day)
Sent to ROFR: 07/15/2020 (0 day)
Passed ROFR: 08/24/2020 (40 days)
Closing docs received: 09/01/2020 (8 days)
Closing docs returned: 09/03/2020 (2 days)
Seller returned closing docs: 09/09/2020 (8 days)
Closing: 09/10/2020 (1 day)
Deed recorded: 09/10/2020 (0 days)
Contract Showing on Membership:
Points in account:

TIME TOTAL: 58 days and counting...
offer to ROFR: 41 days
ROFR passing to Closing: 17 days
Closing to Points in Account: 0 days and counting...

******
Here is my experience so far, as I’ve done numerous mostly small contracts:

Closed Contracts (offer to points in account):

BRV Resale - 43 days - www.FidelityResales.com / Mason
AKL Resale #1 - 49 days - www.DVCbyResale.com / Mason
AKL Resale #2 - 40 days - www.DVCStore.com / Mason
AKL Resale #3 - 80 days - www.DVCResaleMarket.com / Magic Vacation Title (start of Covid)
CCV Resale #1 - 91 days - www.FidelityResales.com / Mason (Covid, end-May to end-August)
SSR Resale - 120 days - www.*************.com / TRCS (Covid, May to September)

In progress:
CCV Small Resale #2 - www.*************.com / TRCS - 41 days to pass ROFR, 17 days to deed recorded, 58 total days so far, waiting for contract to appear (offer made 7/14, sent to ROFR 7/15, closed 9/10)
CCV Small Resale #3 - www.FidelityResales.com / Mason - 48 days to pass ROFR, 57 total days so far, waiting for seller to return closing docs (offer made 7/15, sent to ROFR 7/21)

Updated! Contract is closed and deed recorded.
Now the long wait for it to appear on my account begins... let's hope that it is less than the 49 days it took for my SSR contract to appear...

 

[Daisybell911]

The latest update to include seller returning docs. Maybe I’ll get lucky and the contract close tomorrow on my birthday!

INTERNATIONAL SELLER

Home: OKW
Broker: www.dvcstore.com
Title Company: Mason
Offer made: 7/8/20
Offer accepted: 7/8/20
Sent to ROFR: 7/9/20
Passed ROFR: 8/17/20 (40 days)
Closing docs received: 8/25/20
Closing docs returned: 8/26/20
Seller returned closing docs: 9/9/20
Closing:
Contract Showing on Membership:
Points in account:

 

[Rossi2k2]

Home: Saratoga Springs
Broker: www.fidelity.com
Title Company: First American
Offer made: 5/19/2020
Offer accepted: 5/19/2020
Sent to ROFR: 6/1/2020
Passed ROFR: 7/14/2020
Closing docs received: 7/22/2020
Closing docs returned: 7/23/2020
Seller returned closing docs: 8/10/2020
Closing: 8/11/2020
Deed recorded: 8/11/2020
Contract Showing on Membership: 9/4/2020
Points in account: 9/10/2020

114 days start to finish

 

[ABE4DISNEY]

And points loaded same day!!

Home: BCV
Broker: www.*************.com
Title Company: TRCS
Offer made: 5/31/20
Offer accepted: 5/31/20
Sent to ROFR: 6/1/20
Passed ROFR: 7/14/20
Closing docs received: 7/26/20
Closing docs returned: 7/29/20
Seller returned closing docs: ?
Closing: 8/3/20
Deed recorded: 8/3/20
Contract showing on Membership: 9/10/20
Points in account: 9/10/20

102 Total Days

 

[andyc83]

My deed recorded 8/13/20. Hoping it shows up soon. :O

 

[HHISand]

Home: BWV
Broker: www,*************.com
Title Company: TRCS
Offer made: 07/07/2020
Offer accepted: 07/07/2020
Sent to ROFR: 07/08/2020
Passed ROFR: 08/12/2020
Closing docs received: 09/09/2020
Closing docs returned: 09/10/2020
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[E2ME2]

The latest update to include seller returning docs. Maybe I’ll get lucky and the contract close tomorrow on my birthday!

INTERNATIONAL SELLER

Home: OKW
Broker: www.dvcstore.com
Title Company: Mason
Offer made: 7/8/20
Offer accepted: 7/8/20
Sent to ROFR: 7/9/20
Passed ROFR: 8/17/20 (40 days)
Closing docs received: 8/25/20
Closing docs returned: 8/26/20
Seller returned closing docs: 9/9/20
Closing:
Contract Showing on Membership:
Points in account:

I hope you get your Birthday Wish!

 

[poofyo101]

Points showed up on new contract yesterday and then points loaded today. Seems like points are loading faster now.

 

[Liquidice]

Wow checked and my deed has already been recorded and is showing on the comptroller website, I closed today!

Now the long wait begins for my contract to show up and my points to load. The closing agent said it may take up to 30 business days for this to happen :-O

That is a 6 week wait and would put me at 10/22/20 before I see my points.

 

[Bambi19]

I emailed MA to ask if they could update me on my timeline (MS chat advised me to do so), and I got a very general response, BUT it did say that from the time they receive deed documents to emailing new membership numbers, it is taking generally 3 to 4 weeks (rather than the previous 4 to 6 weeks)
So it is speeding up!
I’m hoping for 2 weeks max personally

 

[Sandisw]

Friendly remember because this is such a fast moving thread. When posting a link to broker, it needs to come out as a link. Be sure to use preview before posting since I really do hate deleting people’s posts.

 

[kbrazieltx]

Closed and waiting on Deed Recording Monday September 14th
Our first resale contract add-on


Home: Copper Creek (CCV)
Broker: www.**********.com
Title Company: Hayes Title
Offer made: 11/28/2019
Offer accepted: 11/29/2019 (1 day)
Sent to ROFR: 12/02/2019 (2 day)
Passed ROFR: 12/11/2019 (11 days)
Closing docs received: 09/01/2020 (8 days)
Closing docs returned: 09/03/2020 (2 days)
Seller returned closing docs: 06/08/2019
Closing: 09/14/2020 (1 day)
Deed recorded:
Contract Showing on Membership:
Points in account:

This process took longer for multiple reasons. First of all the Seller had a vacation in June 2020 so we could not close until then.
Then COVID hit and due to Furloughs and such we had to delay closing until October 15th that the sellers approved.
So here we are closing on our first Add-on at CCV that we already have 250Pts at.

 

[Jon84]

Friendly remember because this is such a fast moving thread. When posting a link to broker, it needs to come out as a link. Be sure to use preview before posting since I really do hate deleting people’s posts.

Sorry!!
Any chance you my can DM me my post so I don’t have to look up all the dates and write it out again?

 

[kucanhead]

Updating my VGC purchase. Contract finally showed up in my account today.

Home: VGC
Broker: www.dvcsales.com
Title Company: Mason
Offer made: 6/11/2020
Offer accepted: 6/11/2020
Sent to ROFR: 6/13/2020
Passed ROFR: 7/22/2020
Closing docs received: 7/27/2020
Closing docs returned: 7/27/2020
Seller returned closing docs: 8/12/2020 (approx)
Closing: 8/14/2020
Deed recorded: 8/14/2020
Contract Showing on Membership: 9/11/2020
Points in account:

 

[twilightzone81]

Home: SSR
Broker: www.*************.com
Title Company: TRCS inc
Offer made: 7/16/20
Offer accepted: 7/16/20
Sent to ROFR: 7/17/20
Passed ROFR: 8/24/20 (38 days)
Closing docs received: 9/2/20
Closing docs returned: 9/3/20
Sellers closing docs returned: 9/8/20 (approx)
Closing: 9/11/20
Deed recorded: 9/11/20
Contract Showing on Membership:
Points in account:

Took a couple of days longer than it should have done to get the final balance paid due to my stupid currency transfer company not sending the first payment attempt as a wire transfer (despite my repeated requests, emails and reassurances that it would). I’m UK based so was a bit more tricky to send the funds but got there in the end.

I also noticed that our deed was recorded yesterday but we’ve not been told we’ve closed - this doesn’t seem like the usual order looking at everyone else’s timelines?

 

[Liquidice]

Home: SSR
Broker: www.*************.com
Title Company: TRCS inc
Offer made: 7/16/20
Offer accepted: 7/16/20
Sent to ROFR: 7/17/20
Passed ROFR: 8/24/20 (38 days)
Closing docs received: 9/2/20
Closing docs returned: 9/3/20
Sellers closing docs returned: 9/8/20 (approx)
Closing: ?
Deed recorded: 9/11/20
Contract Showing on Membership:
Points in account:

Took a couple of days longer than it should have done to get the final balance paid due to my stupid currency transfer company not sending the first payment attempt as a wire transfer (despite my repeated requests, emails and reassurances that it would). I’m UK based so was a bit more tricky to send the funds but got there in the end.

I also noticed that our deed was recorded yesterday but we’ve not been told we’ve closed - this doesn’t seem like the usual order looking at everyone else’s timelines?

Yeah if the deed was recorded you have closed. When you check the comptroller's website, there should be an image associated with the deed recording, which is your closing paperwork

 

[twilightzone81]

Yeah if the deed was recorded you have closed. When you check the comptroller's website, there should be an image associated with the deed recording, which is your closing paperwork

Ah, yes, the document is there in an image - brilliant. Thanks for your help!

 

[Sandisw]

Ah, yes, the document is there in an image - brilliant. Thanks for your help!

I will add I got the email a day or two after we closed and it was recorded. The title company apologized but said they were trying to keep up.

Same thing with a different title company when we sold in June. It came the next day.

 

[aimeel]

My husband and I are thinking about signing up for DVC at CCV and we are going to buy direct. How soon are we able to access those points? We are going down next month and would love to stay at a DVC resort if we can.