Closing Time!!

[poofyo101]

They are crawling with closing and rofr now.
Still waiting on 10/1 for contract upload

As I said this. It was loaded 5 min later.

 

[zianha]

Finally! Woo hoo! I wish I could say I wasn't checking multiple times a day waiting for my points to be loaded...but after checking first thing this morning with no points showing in my account, I resigned myself to the fact that my points probably wouldn't show up until next week. But thank goodness I checked again! I'm all done!

Home : OKW
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 7/13/20
Offer accepted: 7/13/20
Sent to ROFR: 7/17/20
Passed ROFR: 8/25/20
Closing docs received: 8/27/20
Closing docs returned: 8/29/20
Seller returned closing docs: 9/24/20 (maybe?)
Closing: 9/25/20
Deed recorded: 9/26/20
Contract Showing on Membership: 10/9/20
Points in account: 10/17/20

 

[UrsulaWantsYourSoul]

Finally! Woo hoo! I wish I could say I wasn't checking multiple times a day waiting for my points to be loaded...but after checking first thing this morning with no points showing in my account, I resigned myself to the fact that my points probably wouldn't show up until next week. But thank goodness I checked again! I'm all done!

Home : OKW
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 7/13/20
Offer accepted: 7/13/20
Sent to ROFR: 7/17/20
Passed ROFR: 8/25/20
Closing docs received: 8/27/20
Closing docs returned: 8/29/20
Seller returned closing docs: 9/24/20 (maybe?)
Closing: 9/25/20
Deed recorded: 9/26/20
Contract Showing on Membership: 10/9/20
Points in account: 10/17/20

Aww the good old days when the whole process took about 3 months. So happy for you!!! Welcome Home

 

[EatMoreVeg]

Finally! Woo hoo! I wish I could say I wasn't checking multiple times a day waiting for my points to be loaded...but after checking first thing this morning with no points showing in my account, I resigned myself to the fact that my points probably wouldn't show up until next week. But thank goodness I checked again! I'm all done!

Home : OKW
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 7/13/20
Offer accepted: 7/13/20
Sent to ROFR: 7/17/20
Passed ROFR: 8/25/20
Closing docs received: 8/27/20
Closing docs returned: 8/29/20
Seller returned closing docs: 9/24/20 (maybe?)
Closing: 9/25/20
Deed recorded: 9/26/20
Contract Showing on Membership: 10/9/20
Points in account: 10/17/20

So happy to see this! My contract was also added on Oct 9th so keeping my fingers crossed I see points today at some point!

 

[BugByte]

How will my membership number/login details be communicated to me? My deed was recorded early October but I'm not sure whether to expect an email or snail mail.

Not sure how they would have my email address, but I'm in the UK and regular mail may take longer. Is it just the login details I should expect or do they send any sort of welcome pack?

I should mention it's a resale contract with Fidelity.

My membership details came through today so I can finally log in, albeit no points yet.

For reference
- Passed ROFR: September 14th
- Deed Recorded: October 2nd
- Membership Login: October 17th

 

[zianha]

Aww the good old days when the whole process took about 3 months. So happy for you!!! Welcome Home

Thank you! I'm so happy too!

 

[macman123]

Home: SSR
Broker: www.dvcresalemarket.com
Title Company: Mason Title
Offer made: 8/16/2020
Offer accepted: 8/17/2020
Sent to ROFR: 8/17/2020
Passed ROFR: 9/18/2020
Closing docs received: 9/25/2020
Closing docs returned: 9/25/2020
Sellers closing docs returned:
Closing: 10/01/2020
Deed Recorded: 10/06/20
Contract showing on Membership: 10/18/20
Points in account:

 

[UrsulaWantsYourSoul]

Home: SSR
Broker: www.dvcresalemarket.com
Title Company: Mason Title
Offer made: 8/16/2020
Offer accepted: 8/17/2020
Sent to ROFR: 8/17/2020
Passed ROFR: 9/18/2020
Closing docs received: 9/25/2020
Closing docs returned: 9/25/2020
Sellers closing docs returned:
Closing: 10/01/2020
Deed Recorded: 10/06/20
Contract showing on Membership: 10/18/20
Points in account:

Wow this is zipping right along - I bet you're a happy camper!

 

[macman123]

Wow this is zipping right along - I bet you're a happy camper!

Its far far quicker than my other resale purchases a few months ago.

So very very happy!

 

[helenk]

Yipee, I just checked the DVC website and my new SSR points are now in my account!!! It only took 4 days from the time my contract was added to my current account.
Home: SSR
Broker: www.**********.com
Title Company: Jeffrey Sweet, Esq.
Offer made: 7/28/2020
Offer accepted: 7/29/2020
Sent to ROFR: 7/30/2020
Passed ROFR: 9/10/2020
Closing docs received: 9/17/2020
Closing docs returned: 9/18/2020
Sellers closing docs returned: 9/25/2020
Closing: 9/28/2020
Deed Recorded: 9/29/2020
Contract showing on Membership:10/14
Points in account: 10/18/20

 

[Kickstart]

Meant to post this last week:

Home: Bay Lake Tower (BLT)
Broker: www.fidelityresales.com
Title Company: First American Title Insurance Company (FATC)
Offer made: 7/25/2020
Offer accepted: 7/25/2020
Sent to ROFR: 7/30/2020
Passed ROFR: 9/11/2020
Closing docs received: 9/15/2020
Closing docs returned: 9/16/2020
Seller returned closing docs: ?
Closing: 9/23/2020 ?
Deed recorded: 9/23/2020
Membership created with contract: 10/5/2020
Points in account: 10/15/2020

So, 77 days (11 weeks) from [Sent to ROFR] to [points in account].

 

[ZoneTEN]

Home: Beach Club Villas
Broker: www.dvcbyresale.com
Title Company: Jeffrey C. Sweet, Esquire
Offer made: 06/17/2020
Offer accepted: 06/17/2020
Sent to ROFR: 06/18/2020
Passed ROFR: 07/29/2020
Closing docs received: 08/04/2020
Closing docs returned: 08/05/2020
Seller returned closing docs: Unknown
Closing: 08/07/2020
Deed recorded: 08/07/2020
Contract Showing on Membership: 09/03/2020
Points in account: 09/08/2020

Whoops! Got so excited, forgot to update my information. Sorry.

 

[HockeyMomNH]

It's been a long process but we finally got our points loaded this morning!

Home: SSR
Broker: www.DVCbyResale.com
Title Company: Jeffrey Sweet, Esq.
Offer made: 7/15/2020
Offer accepted: 7/15/2020
Sent to ROFR: 7/16/2020
Passed ROFR: 9/10/2020
Closing docs received: 9/17/2020
Closing docs returned: 9/22/2020
Sellers closing docs returned: 9/18/2020
Closing: 9/28/2020
Deed Recorded: 9/28/2020
Contract showing on Membership:10/13/2020
Points in account: 10/19/2020

 

[lea2124]

Hi
Newbie here. Is there something for me to fill in (like in the purchasing thread) or do I just copy and paste? Thanks

 

[Spinster Travel]

Hi
Newbie here. Is there something for me to fill in (like in the purchasing thread) or do I just copy and paste? Thanks

Just copy and paste, but be sure to type in the link of the broker you used so that it picks up in the filter

 

[lea2124]

Home: BLT
Broker: www.**********.com
Title Company: Mason Title and Escrow Company
Offer made: 9/6/2020
Offer accepted: 9/7/2020
Sent to ROFR: 9/8/2020
Passed ROFR: 10/19/2020
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed Recorded:
Contract showing on Membership:
Points in account:

Still a long way to go!

I have a feeling DVC are doing things slowly because if you close in December you are required to pay the next year's dues too!
We just want our points loaded and done before the 7 month mark for our holiday in August.

 

[DVCanonymouse]

Update!

Home: PVB
Broker: dvcstore.com
Title Company: Mason Title & Escrow Company
Offer made: 8/26/2020
Offer accepted: 8/26/2020
Sent to ROFR: 8/28/2020 (2 days)
Passed ROFR: 9/29/2020 (32 days)
Closing docs received: 10/8/2020 (9 days)
Closing docs returned: 10/12/2020 (4 days)
Title Company in receipt of funds: 10/19/2020 (7 days)
Sellers closing docs returned: sometime between 10/8 and 10/13/2020
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Total time from offer to Title Company in receipt of funds: 54 days
Our title agent told us we are scheduled to close tomorrow and I will update when I hear!

A long side note, if you're interested in why it took longer than it might have...

We waited to sign the documents until we knew we were able to get to the bank and send the funds (we received the documents Thursday before the 3-day bank holiday weekend (Columbus Day) and we knew we couldn't get to the bank until Tuesday 10/13 for the check). So we signed Monday night and went to the bank Tuesday am. We used USPS priority mail with tracking and it took what seemed like FOREVER...from Tuesday noon to Saturday am for the first attempted delivery (New Jersey to Florida) with very little real tracking information available. And of course Mason Title Company was closed on Saturday. So the only information we gleaned from the tracking info was an alert that there was an attempted but failed delivery on Saturday, with a promise to attempt delivery again on next business day. That alert remained posted until Monday very close to 5 pm when the check was finally delivered (no update that it was out for delivery). Anyway, USPS estimates 1-3 days with priority mail and ours took very close to a week. Frustrating, but it got there safely eventually. We don't usually use priority mail so I don't know if this is a typical experience, but their customer service department answering machine apologizes for delays caused by reduced staffing due to Covid-19 (I know, I listened to it many times over the last week, haha). My point in relaying this long story is to say that WE (our choice to use USPS for delivery of a cashier's check as opposed to a different mail service or wiring funds) actually factor into several days' delay (or even a week or more) of closing that cannot be attributed to the title company or the seller! I believe with the efficiency Mason Title and the promptness of the sellers, we could have easily closed last week, say within 48 days or less from offer! Which seems really unusal and lucky these days.

 

[E2ME2]

Update!

Home: PVB
Broker: dvcstore.com
Title Company: Mason Title & Escrow Company
Offer made: 8/26/2020
Offer accepted: 8/26/2020
Sent to ROFR: 8/28/2020 (2 days)
Passed ROFR: 9/29/2020 (32 days)
Closing docs received: 10/8/2020 (9 days)
Closing docs returned: 10/12/2020 (4 days)
Title Company in receipt of funds: 10/19/2020 (7 days)
Sellers closing docs returned: sometime between 10/8 and 10/13/2020
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Total time from offer to Title Company in receipt of funds: 54 days
Our title agent told us we are scheduled to close tomorrow and I will update when I hear!

A long side note, if you're interested in why it took longer than it might have...

We waited to sign the documents until we knew we were able to get to the bank and send the funds (we received the documents Thursday before the 3-day bank holiday weekend (Columbus Day) and we knew we couldn't get to the bank until Tuesday 10/13 for the check). So we signed Monday night and went to the bank Tuesday am. We used USPS priority mail with tracking and it took what seemed like FOREVER...from Tuesday noon to Saturday am for the first attempted delivery (New Jersey to Florida) with very little real tracking information available. And of course Mason Title Company was closed on Saturday. So the only information we gleaned from the tracking info was an alert that there was an attempted but failed delivery on Saturday, with a promise to attempt delivery again on next business day. That alert remained posted until Monday very close to 5 pm when the check was finally delivered (no update that it was out for delivery). Anyway, USPS estimates 1-3 days with priority mail and ours took very close to a week. Frustrating, but it got there safely eventually. We don't usually use priority mail so I don't know if this is a typical experience, but their customer service department answering machine apologizes for delays caused by reduced staffing due to Covid-19 (I know, I listened to it many times over the last week, haha). My point in relaying this long story is to say that WE (our choice to use USPS for delivery of a cashier's check as opposed to a different mail service or wiring funds) actually factor into several days' delay (or even a week or more) of closing that cannot be attributed to the title company or the seller! I believe with the efficiency Mason Title and the promptness of the sellers, we could have easily closed last week, say within 48 days or less from offer! Which seems really unusal and lucky these days.

Even with that wrinkle, 54 Days is a heck of a lot quicker than the 91Days on my last purchase.
Now I have one waiting ROFR for 34 Days as of today - who knows how long this one will take!

 

[E2ME2]

Home: Beach Club Villas
Broker: www.dvcbyresale.com
Title Company: Jeffrey C. Sweet, Esquire
Offer made: 06/17/2020
Offer accepted: 06/17/2020
Sent to ROFR: 06/18/2020
Passed ROFR: 07/29/2020
Closing docs received: 08/04/2020
Closing docs returned: 08/05/2020
Seller returned closing docs: Unknown
Closing: 08/07/2020
Deed recorded: 08/07/2020
Contract Showing on Membership: 09/03/2020
Points in account: 09/08/2020

Whoops! Got so excited, forgot to update my information. Sorry.

Congrats on BCV -
I'm waiting on ROFR for a small contract there.

 

[macman123]

Home: SSR
Broker: www.dvcresalemarket.com
Title Company: Mason Title
Offer made: 8/16/2020
Offer accepted: 8/17/2020
Sent to ROFR: 8/17/2020
Passed ROFR: 9/18/2020
Closing docs received: 9/25/2020
Closing docs returned: 9/25/2020
Sellers closing docs returned:
Closing: 10/01/2020
Deed Recorded: 10/06/20
Contract showing on Membership: 10/18/20
Points in account: 10/20/20

This is in contrast with my other 175 point contract which passed ROFR the same day, but seller hasn't send back closing docs yet!