Closing Time!!

[Stargazer65]

This is like the Soup Nazi episode on Seinfeld.
"No points for you!! Come back in one use year!!"

 

[Sandisw]

Question for the well versed DVC’ers
My in-law’s Situation:
Currently both married owners of one contract. Purchasing another contract at same resort, different UY, with only one of them as the owner named on deed. Will this be considered “new membership” or use same member ID? Closing is was pre-agreed on for early December, not in a rush. Any idea of timeline to get points loaded?

Different UYs are always a different membership. In this case, even if it was the same one, it would be a new membership because the owners are different.

 

[mattywisco]

This is like the Soup Nazi episode on Seinfeld.
"No points for you!! Come back in one use year!!"

 

[Pharmgirl123]

So the title company sent me proof that they sent Disney all documents on 10/21. They even copied MA on the email. MA responded within an hour and said I will receive my membership info in 8 business days.

I just want to book my first trip. Is that too much to ask?!?!

WOW! Just received an email with my membership info!!! Now to wait for my points to load!!!

 

[UrsulaWantsYourSoul]

WOW! Just received an email with my membership info!!! Now to wait for my points to load!!!

I hate to be the squeaky wheel but sometimes if you don't squeak just a little, you get run over. "Good on ya".

 

[jbreen2010]

So the title company sent me proof that they sent Disney all documents on 10/21. They even copied MA on the email. MA responded within an hour and said I will receive my membership info in 8 business days.

I just want to book my first trip. Is that too much to ask?!?!

Squeak away!! Congrats!!

 

[cindybelle90]

Closed and deed recorded same day. Trying to be patient while waiting for our account to be created and points to be loaded. Hope everyone who celebrates has a good holiday in these unique time.

Home: CCV
Broker: www.fidelityresales.com
Title Company: Mason
Offer made: 9/18/2020
Offer accepted: 9/18/2020
Sent to ROFR: 9/24/2020
Passed ROFR: 10/29/2020
Closing docs received: 11/5/2020
Closing docs returned: 11/8/2020
Seller returned closing docs: 11/11/2020
Closing: 11/17/2020
Deed recorded: 11/17/2020
Contract Showing on Membership:
Points in account:

 

[cindybelle90]

I got an email from member administration late last night that their current lead time to setup a new account is 3-4 weeks.
If your title company sent the docs and administration lost them, maybe they can expedite.

Thanks for sharing. Good to know.

Sounds like I may have a long wait since I just closed last week. Oh well, if they don't load my contract by January, I guess they can't very well hit me up for dues then either lol.

Haha. I like your thinking.

 

[lolcatparty]

Home: AKV
Broker: www.fidelityresales.com
Title Company: Mason
Offer made: 10/7/2020
Offer accepted: 10/7/2020
Sent to ROFR: 10/13/2020
Passed ROFR: 11/2/2020
Closing docs received: 11/16/2020
Closing docs returned: 11/17/2020
Seller returned closing docs: 11/17/2020
Closing: 11/23/2020
Deed recorded: 11/23/2020
Contract Showing on Membership:
Points in account:


Pretty happy with the time it has taken so far only 47 days! Would recommend both these companies to anyone interested.

 

[TheTrailblazers]

Getting there and estimated 2021 dues included in the closing...

Home: BLT
Broker: www.dvcstore.com
Title Company: Mason Title
Offer made: 10/03/20
Offer accepted: 10/03/20
Sent to ROFR: 10/04/20
Passed ROFR: 11/10/2020
Closing docs received: 11/19/20
Closing docs returned: 11/23/2020
Title Company in receipt of funds: 11/24/20
Sellers closing docs returned: ?
Closing:
Deed recorded:
Contract Showing on Membership (NEW member):
Points in account:

 

[Cabius]

Posting here because I'm getting antsy for estoppel, and I hope that the somehow posting these dates will make them immediately obsolete. COME ON CLOSING DOCS!

Guys, it didn't work. (Yet!)

All right, now I'm full on wearing sackcloth and ashes, weeping in despair. I've been angry, I've tried bargaining -- nothing! All hope is lost! Woe is me! I am undone!

 

[jbreen2010]

All right, now I'm full on wearing sackcloth and ashes, weeping in despair. I've been angry, I've tried bargaining -- nothing! All hope is lost! Woe is me! I am undone!

I really don't get any of the logic behind what they do to process paperwork. I waited 76 days to pass ROFR, but then received ROFR and Estoppel the same day. Looks like you made it through ROFR quick, so maybe they're slowing you down with Estoppel? Your title company / broker should be able to reach out to them to check status on Estoppel.

 

[E2ME2]

All right, now I'm full on wearing sackcloth and ashes, weeping in despair. I've been angry, I've tried bargaining -- nothing! All hope is lost! Woe is me! I am undone!

You forgot to add wailing and gnashing of teeth!
Then you'll be fully deserving

 

[Cabius]

I really don't get any of the logic behind what they do to process paperwork. I waited 76 days to pass ROFR, but then received ROFR and Estoppel the same day. Looks like you made it through ROFR quick, so maybe they're slowing you down with Estoppel? Your title company / broker should be able to reach out to them to check status on Estoppel.

Right?? Unfortunately, the title company doesn't seem too keen on being squeaky wheels. I've reached out twice, but they've just repeated that it should take 2-4 weeks (?!!) and there's nothing they can do until then.

2-4 weeks seems outside the norm for estoppel, so they're definitely being super conservative.

In the meantime, I'm getting my teeth warmed up for gnashing.

 

[tamhugh]

I had the same experience. MA finally responded to me that they had no record of any paperwork on our contract late Thursday night. I contacted the title company and they showed me that they had sent everything to them electronically on 10/16. I sent another email to MA telling them this and miraculously, within 15 minutes my contract had loaded. The title company said I was the third person who had called with the same issue within 2 days
Now I just have to wait for the points. Our 11 month window passed and there are no 2 bedrooms left. So I have to waitlist once I actually get the points.

 

[rsn8or]

Home: PVB
Broker: www.***************.com
Title Company: Magic Vacation Title
Offer made: 9/12/20
Offer accepted: 9/14/20
Sent to ROFR: 9/18/20
Passed ROFR: 10/29/20 (41 days)
Closing docs received: 11/4/20
Closing docs returned: 11/4/20
Sellers closing docs returned: 11/9/20
Closing: 11/12/20
Deed recorded: 11/13/20
Contract Showing on Membership: 11/24/20 (new member - 11 days!)
Points in account:

 

[Pharmgirl123]

And just like that...I’m officially a DVC owner! Can’t wait to book my first trip!!!

Note: International Seller!

Home: Saratoga Springs
Broker: www.fidelityresales.com
Title Company: First American
Offer made: 8/22/2020
Offer accepted: 8/22/2020
Sent to ROFR: 8/27/2020
Passed ROFR: 9/24/2020
Closing docs received: 10/6/2020
Closing docs returned: 10/7/2020
Seller returned closing docs: 10/20/2020
Closing: 10/20/2020
Deed recorded: 10/21/2020
Membership created with contract: 11/23/2020
Points in account: 11/24/2020

 

[Lorana]

ONE STEP CLOSER TO OWNING MY VGC!!!
This is actually two small contracts (one 35pts, the other 27pts), but they are being closed together.

Home: Villas at Disney's Grand Californian (VGC)
Broker: FidelityResales.com
Title Company: First American
Offer made: 9/20/2020
Offer accepted: 9/21/2020
Offer contract received and sent in with deposit: 09/23/2020
Seller returned offer contract: 09/24/2020
Sent to ROFR: 09/25/2020 (5 days)
Passed ROFR: 10/29/2020 (34 days)
Closing docs received: 11/24/2020 (26 days)
Closing docs returned: 11/24/2020 (0 days)
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

TIME TOTAL: 65 days and counting...
offer to ROFR: 39 days
ROFR passing to Closing: 26 days and closing...
Closing to Points in Account:


******
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, Feb-May)
CCV Resale #1 - 91 days - www.FidelityResales.com / Mason (Covid, end-May to end-August)
SSR Resale #1 - 120 days - www.*************.com / TRCS (Covid, May to September)
CCV Resale #2 - 86 days - www.*************.com / TRCS (Covid, July to October)
CCV Small Resale #3 - 87 days - www.FidelityResales.com / Mason (Covid, July to October)

In progress:
SSR Small Resale #2 - www.FidelityResales.com / Mason - 80 days so far, waiting for account to appear (offer made 9/5, sent to ROFR 9/14, passed ROFR 10/21, deed recorded 10/28, contract appeared 11/12)
HHI Small Resale - www.*******.com / Hayes Title - 68 days so far, waiting for closing (offer made 9/17, sent to ROFR 9/21, passed 11/6, closing docs received 11/10, seller issue resolved 11/20)
VGC Small Resale #1 & #2 - www.FidelityResales.com / First American - 65 total days so far, waiting for closing (offer made 9/20, sent to ROFR 9/25, passed ROFR 10/29, closing docs received 11/24)

 

[Lorana]

Seller issue around not wanting to pay 2020 dues despite it being in offer contract resolved, and contract moving forward.

Home: Hilton Head Island Resort (HHI)
Broker: www.*******.com
Title Company: Hayes Title
Offer made: 9/17/2020
Offer accepted: 9/18/2020
Sent to ROFR: 09/21/2020 (4 days)
Passed ROFR: 11/6/2020 (46 days)
Closing docs received: 11/10/2020 (4 days)
Closing docs returned: 11/10/2020 (0 days)
Seller returned closing docs: 11/20 (10 days)
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

TIME TOTAL: 68 days and counting...
offer to ROFR: 50 days
ROFR passing to Closing: 18 days and closing...
Closing to Points in Account:


******
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, Feb-May)
CCV Resale #1 - 91 days - www.FidelityResales.com / Mason (Covid, end-May to end-August)
SSR Resale #1 - 120 days - www.*************.com / TRCS (Covid, May to September)
CCV Resale #2 - 86 days - www.*************.com / TRCS (Covid, July to October)
CCV Small Resale #3 - 87 days - www.FidelityResales.com / Mason (Covid, July to October)

In progress:
SSR Small Resale #2 - www.FidelityResales.com / Mason - 80 days so far, waiting for account to appear (offer made 9/5, sent to ROFR 9/14, passed ROFR 10/21, deed recorded 10/28, contract appeared 11/12)
HHI Small Resale - www.*******.com / Hayes Title - 68 days so far, waiting for closing (offer made 9/17, sent to ROFR 9/21, passed 11/6, closing docs received 11/10, seller issue resolved 11/20)
VGC Small Resale #1 & #2 - www.FidelityResales.com / First American - 65 total days so far, waiting for closing (offer made 9/20, sent to ROFR 9/25, passed ROFR 10/29, closing docs received 11/24)

 

[jbreen2010]

I got my welcome home email after emailing member administration twice a day for the past week. I guess DVC wasn’t notified until 11/2 as opposed to the 10/29 date I thought when title said everything was sent to the county and DVC.

The points were also deposited today which I thought was a nice surprise! I got ROFR and Estoppel on same day...and then now new member setup and points on same day!

Home: SSR
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation
Offer made: 08/07/2020
Offer accepted: 08/07/2020
Sent to ROFR: 08/11/2020
Passed ROFR: 10/26/2020 (76 days)
Estoppel: 10/26/2020
Closing docs received: 10/27/2020
Closing docs returned: 10/27/2020
Seller returned closing docs: 10/28/2020
Closing: 10/29/2020
Deed recorded: 11/2/2020
Contract Showing on Membership: 11/25/2020 (23 days from recording)
Points in account: 11/25/2020 (points same day as membership account setup!)

All in we’re on day 106 from sent to ROFR to new account with points!