Closing Time!!

Hi everyone!

We are waiting to close!
This is our 2nd resale contract and so far we are very impressed with broker & title company.


Home: AUL
Broker: www.fidelityrealestate.com
Title Company: Timeshare Title, Inc.
Offer made: 2/19/21
Offer accepted: 2/19/21
Sent to ROFR: 2/22/21
Passed ROFR: 3/12/21
Estoppel Received: 3/24/21
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
 
I didn’t wait to wire the money, but now I wish I had. No point in sending it until all documents have been received. I’m thinking communication would be much better too.
I didn't wait to send $$ either... 3 weeks later and I'm kind of wishing that I had!
 
I asked my title company agent to let me know once ALL of the sellers documents were returned. Then I would wire the money. You never know if a seller could get cold feet at the last second and your money is held up with the title company. Wire happens within an hour during business hours, so no lost time.
Thank you so so much for this advice and information I’m going to do the same!
 

I didn’t wait to wire the money, but now I wish I had. No point in sending it until all documents have been received. I’m thinking communication would be much better too.
I am in full agreement. I got my money wired the same day. Still haven’t heard if the seller have returned their closing documents.
 
Home: BLT
Broker: dvcresalemarket.com
Title Company: MagicVacationTitle
Offer made: 1/16/2021
Offer accepted: 1/16/2021
Sent to ROFR: 1/18/2021
Passed ROFR: 2/11/2021
Closing docs received: 2/25/21
Closing docs returned: 3/1/21 (mail)
Sellers closing docs returned: 3/1/21
Closing date: 3/2/21
Deed recorded:3/4/21
New membership account created:
Points loaded:

Home: BLT
Broker: dvcresalemarket.com
Title Company: MagicVacationTitle
Offer made: 1/16/2021
Offer accepted: 1/16/2021
Sent to ROFR: 1/18/2021
Passed ROFR: 2/11/2021
Closing docs received: 2/25/21
Closing docs returned: 3/1/21 (mail)
Sellers closing docs returned: 3/1/21
Closing date: 3/2/21
Deed recorded: 3/4/21
New membership account created: 3/23/21
Points loaded: 3/23/21 (called in to member services, 2 hour wait)

Days from offer to points loaded: 66 days
 
New account created by Member Administration. No points yet, but contract shows.

Home: AKV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 1/21/21
Offer accepted: 1/21/21
Sent to ROFR: 1/22/21
Passed ROFR: 2/16/21
Estoppel Received: ?
Closing docs received: 2/23/21
Closing docs returned: 2/24/21 (received 3/1 due to FedEx delay)
Sellers closing docs returned: 2/25/21
Closing: 3/2/21
Deed recorded: 3/4/21
Membership created & contract showing: 3/23/21
Points in account:
Total Time from Offer to Points in Account:

Home: CCV
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 2/17/21
Offer accepted: 2/18/21
Sent to ROFR: 2/22/21
Passed ROFR: 3/15/21
Estoppel Received:
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed recorded:
Membership created & contract showing:
Points in account:
Total Time from Offer to Points in Account:

I called into MS as soon as I activated my account. It was about a 2 hour wait but the CM was very friendly and got the points loaded. I kept refreshing while I was on hold, I saw 150 points added first, then the other 150 banked points added a couple minutes later.

Hopefully you've had your points loaded by now!
 
Home: AKV
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 1/19/21
Offer accepted: 1/19/21
Sent to ROFR: 1/22/21
Passed ROFR: 2/16/21
Closing docs received: 2/22/21
Closing docs returned: 2/23/21
Sellers closing docs returned: 2/26/21
Closing: 3/03/21
Deed recorded: 3/05/21
Membership created & contract showing: 3/25/21
Points in account:

Total Time from Offer to Points in Account:
 
I called into MS as soon as I activated my account. It was about a 2 hour wait but the CM was very friendly and got the points loaded. I kept refreshing while I was on hold, I saw 150 points added first, then the other 150 banked points added a couple minutes later.

Hopefully you've had your points loaded by now!
Still no points, but I'm in no hurry on this first one since it won't have points until Feb 22. My next contract has got me anxious waiting for estoppel /closing docs as it will have points (banked 2019) expiring July 31st. Plus I have to wait for another new account since it's a different UY. I'll definitely be calling about that one as soon as it's created. Availability for studios is already looking very spotty in the summer.
 
We are slowly getting there.....

Home: OKW
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 1/31/21
Offer accepted: 2/1/21
Sent to ROFR: 2/9/21
Passed ROFR: 3/1/21
Closing docs received: 3/23/21
Closing docs returned: 3/25/21
Sellers closing docs returned:
Closing:
Deed recorded:
Membership created & contract showing:
Points in account:

Total Time from Offer to Points in Account:
 
I called into MS as soon as I activated my account. It was about a 2 hour wait but the CM was very friendly and got the points loaded. I kept refreshing while I was on hold, I saw 150 points added first, then the other 150 banked points added a couple minutes later.

Hopefully you've had your points loaded by now!

That is great! I'm a little sad that the wait between deed recording and account setup seems to have stretched from 2 weeks to close to 3, but I'll be excited whenever it comes through. Sadly I'm only on day 9 of my wait, so I've got plenty more time to go!
 
Home: AKV
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 1/19/21
Offer accepted: 1/19/21
Sent to ROFR: 1/22/21
Passed ROFR: 2/16/21
Closing docs received: 2/22/21
Closing docs returned: 2/23/21
Sellers closing docs returned: 2/26/21
Closing: 3/03/21
Deed recorded: 3/05/21
Membership created & contract showing: 3/25/21
Points in account:

Total Time from Offer to Points in Account:
Did you receive an email notifying you, or just happen to check?
 
UPDATE:
Home: AUL
Broker: www.dvcresalemarket.com
Title Company: First American
Offer made: 1/31/21
Offer accepted: 2/1/21
Sent to ROFR: 2/2/21
Passed ROFR: 2/23/21
Estoppel Received: 3/8/21
Closing docs received: 3/9/21
Closing docs returned: 3/9/21
Money Wired: 3/10/21
Sellers closing docs returned:???
Closing:???
Deed recorded: 3/25/21
Contract Showing on Membership:
Points in account:
Not too sure on when we exactly closed just received the following email:
“Your final closing documents and original recorded Deed will be sent to you via Federal Express. Your owner’s policy will be sent separately via regular mail.

Disney has been notified of the change of ownership. Please allow Disney 30 business days to complete the transfer. The points can take 30business days to show in your account upon completion of the transfer.

Disney will provide you a welcome letter by regular mail once the Transfer is completed.

Congratulations on your purchase and we hope you enjoy your vacation property.”
 
Slowly getting there... Started off with a quick ROFR, but every other step felt like forever.

Home: SSR
Broker: www.fidelityresales.com
Title Company: First American
Offer Made: 12/28/20
Offer Accepted: 12/28/20
Sent to ROFR: 12/30/20
Passed ROFR: 1/14/21
Closing Docs received: 2/15/21
Closing Docs Returned: 2/15/21
Seller Returned Closing docs: 3/3/21
Closing: 3/4/21
Deed Recorded: 3/10/21
Contract Showing on Membership:
Points in Account:

We used the same broker as you. Difference is our offer was accepted 11/23/20. We also passed ROFR on 1/14 and our deed was recorded one day before yours on 3/9/21. We're also waiting for contract & new membership# to show and points to be loaded. Would you please post when yours is fully completed and I will do the same.
 
Home: HHI
Broker: https://www.dvcstore.com/
Title Company: Mason
Offer made: 2/20/21
Offer accepted: 2/20/21
Sent to ROFR: 2/22/21
Passed ROFR: 3/15/21
Estoppel Received: 3/24/21
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed recorded:
Membership created & contract showing:
Points in account:

Total Time from Offer to Points in Account:
 
Home: HHI
Broker: https://www.dvcstore.com/
Title Company: Mason
Offer made: 2/20/21
Offer accepted: 2/20/21
Sent to ROFR: 2/22/21
Passed ROFR: 3/15/21
Estoppel Received: 3/24/21
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed recorded:
Membership created & contract showing:
Points in account:

Total Time from Offer to Points in Account:
Yay! Glad to see your estoppel was received today! I passed ROFR on the same day as you, so hopefully that means mine will be in shortly. (I'm also using Mason, but broker was Fidelity)
 
UPDATE:
Home: AUL
Broker: www.dvcresalemarket.com
Title Company: First American
Offer made: 1/31/21
Offer accepted: 2/1/21
Sent to ROFR: 2/2/21
Passed ROFR: 2/23/21
Estoppel Received: 3/8/21
Closing docs received: 3/9/21
Closing docs returned: 3/9/21
Money Wired: 3/10/21
Sellers closing docs returned:???
Closing:???
Deed recorded: 3/25/21
Contract Showing on Membership:
Points in account:
Not too sure on when we exactly closed just received the following email:
“Your final closing documents and original recorded Deed will be sent to you via Federal Express. Your owner’s policy will be sent separately via regular mail.

Disney has been notified of the change of ownership. Please allow Disney 30 business days to complete the transfer. The points can take 30business days to show in your account upon completion of the transfer.

Disney will provide you a welcome letter by regular mail once the Transfer is completed.

Congratulations on your purchase and we hope you enjoy your vacation property.”
YAYAYAY! You aren't to far behind me, it may be YOUR turn to pass me by!
 















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