Closing Time!!

[808blessing]

Submitted “lucky” complaint on 4/22

 

[ClareyLou101]

Home: SSR
Broker: dvcsales.com
Title Company: Mason Title

Offer made: 2/17/21
Offer accepted: 2/18/21
Sent to ROFR: 2/20/21
Passed ROFR: 3/11/21

Closing docs received: 3/26/21
Closing docs returned: 3/26/21
Seller returned closing docs: 4/7/2021
Closing: 4/8/2021
Deed recorded: 4/9/2021
New Membership created: 4/22/2021
Points in account: 4/23/2021

This is our first contract and I can't wait to return to Florida. Hoping for August 2021

My new membership details came through today Just waiting for my lovely points to show so I can get booking

 

[RedFive]

*Update*

2 weeks after supposed closing date. Last week, seller said they would be sending back the documents this week after getting docs completed this week. 1 years worth of points expiring May 31. Waiting on confirmation that the documents have actually been sent.

Home: AKV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 1/21/21
Offer accepted: 1/22/21
Sent to ROFR: 1/28/21
Passed ROFR: 2/19/21
Estoppel Received: 3/8/21
Closing docs received: 3/10/21
Closing docs returned: 3/17/21
Sellers closing docs returned: Pending - Int'l seller
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Total Time from Offer to Points in Account: 90 days and counting

 

[DisneyMom_3]

Home: VGF
Broker: www.**********.com
Title Company: Mason Title
Offer made: 3/9/21
Offer accepted: 3/9/21
Sent to ROFR: 3/10/21
Passed ROFR: 3/30/21
Estoppel received: ?
Closing docs received: 4/1/21
Closing docs returned: 4/1/21
Sellers closing docs returned: 4/8/21(mailed)
Closing: 4/15/21
Deed recorded: 4/16/21
Contract Showing on Membership:
Points in account:

Days between offer and deed recorded: 38 days

Still waiting on membership and points, but the previous steps have been faster than I expected (although the waiting was still hard). How much longer does it usually take for a new member to get a membership account and points?

 

[GBBT7636]

My contract seems to be moving on a very quick pace based on what I've seen posted here:

Home: BLT
Broker: dvcresalemarket
Title Company: ???
Offer made: 3/19/21
Offer accepted: 3/20/21
Sent to ROFR: 3/23/21
Passed ROFR: 4/15/21
Estoppel Received: ???
Closing docs received: 4/16/21
Closing docs returned: 4/16/21
Sellers closing docs returned: ???
Closing: 4/22/21
Deed recorded: TBD
Contract Showing on Membership: TBD
Points in account: TBD

 

[CP3uhoh]

is anyone else now entering week 4 (tomorrow) since passing ROFR with no estoppel yet?

 

[Bjaiken77]

Just reaching out to the community to get their thoughts. Closing documents went out last Monday (04/12) on a contract I bought. Magic Vacation Title is handling the transaction, and they ask that you respond to the email saying you received the closing forms. I did that. I also drove to the bank, secured a cashiers check, and mailed everything back in 04/14. I received a confirmation from *** on 04/15 saying everything has been received.

I don’t want to sound like an old man screaming “get off my lawn,” but I find it disrespectful that the seller hasn’t contact *** yet. I mean, it’s 04/22 and everything is ready to close. I understand hardships, but we live in a cell phone world. It takes 2 seconds to respond and say, “I’m going through something and it may take me a few extra days.” But to not respond or return documents for over 10 days (*** gives overnight FedEx shipping labels) is disrespectful in my opinion. In a resale transaction, the seller usually is going to want their money ASAP, and the buyer wants their points. This guy isn’t DVC with a ton of contracts. He’s got one. I feel like he shouldn’t be selling if he’s not prepared to respond via email or return documents timely (ie just kind of ghost for over 10 days). There is no default until May 11, but he knows he’s got a buyer in the other end.

I contacted *** and DVC Resale. I’m just curious if you think my expectations are out of line. I’m sure it’ll work out in the end, however, it’s annoying for their to be zero correspondence when it’s asked of you by the title company and there is a buyer waiting.

edit: I guess I can’t write ***, but it’s MagicVacationTitle.

 

[Huxknits]

is anyone else now entering week 4 (tomorrow) since passing ROFR with no estoppel yet?

It will be 4 weeks on Monday for me since passing ROFR and no estoppel.. I emailed last week and as of Friday they didn’t have it yet.

 

[Bjaiken77]

Mine came back between the 3 and 4 week mark.

 

[DisneyMountainWoman]

Since my parents are handling this and I am just on the contract with them I do not have all the details to do this properly, but Feb 24th we sent in our offer and now today April/22nd we finally have points in our account!!
Yeah we are done!

I am still waiting on AKV contract which we started on Feb 14th.

 

[GreyTami]

Home: CCV@WL
Broker: www.****************.com
Title Company: Mason Title
Offer made: 3/17/2021
Offer accepted: 3/24/2021
Sent to ROFR: 3/27/2021
Passed ROFR: 4/22/2021
Estoppel Received:
Closing docs received:
Closing docs returned:
Funds wired:
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Total Time from Offer to Points in Account:

 

[GreyTami]

*Update*

2 weeks after supposed closing date. Last week, seller said they would be sending back the documents this week after getting docs completed this week. 1 years worth of points expiring May 31. Waiting on confirmation that the documents have actually been sent.

Home: AKV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 1/21/21
Offer accepted: 1/22/21
Sent to ROFR: 1/28/21
Passed ROFR: 2/19/21
Estoppel Received: 3/8/21
Closing docs received: 3/10/21
Closing docs returned: 3/17/21
Sellers closing docs returned: Pending - Int'l seller
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Total Time from Offer to Points in Account: 90 days and counting

We all need to pour one out for you when this is done!

 

[hilltopper152]

Home: BLT
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 2/7/21
Offer accepted: 2/8/21
Sent to ROFR: 2/10/21
Passed ROFR: 3/1/21
Estoppel Received: 3/26/21
Closing docs returned: 3/29/21
Closing: 3/31/21
Contract Showing on Membership: 4/15/21
Points in account:

Updated Above- a few days from points showing in account hopefully.

 

[MinnieSueB]

quicker

It took us forever because only 2 people working at DVD -- took almost 4 months.

 

[ella18nm]

is anyone else now entering week 4 (tomorrow) since passing ROFR with no estoppel yet?

Mine took 4 full weeks exactly. Longest wait for sure!

 

[RedFive]

We all need to pour one out for you when this is done!

lol, definitely frustrating, but also first world problems. The fun part, assuming we somehow close in the next week or two, is getting the points early enough that I might be able to piece together a last second trip with random 1br's or whatever is left

 

[MinnieSueB]

Almost there!!!

Home: VGF
Broker: www.****************.com
Title Company: Mason Title (Cammy)
Offer made: 03/10/21
Offer accepted: 03/11/21
Sent to ROFR: 03/11/21
Passed ROFR: 04/01/21
Estoppel Received:
Closing docs received: 04/05/21
Closing docs returned: 04/05/21
Sellers closing docs returned: 04/20/21
Closing: 04/22/21
Deed recorded: 04/22/21
Contract Showing on Membership: Already a member
Points in account:

 

[CP3uhoh]

Mine took 4 full weeks exactly. Longest wait for sure!

just got word they have received it and we will get closing docs next week. This was the longest wait on this portion we've had but there has been A LOT of transactions for them to keep up with at DVC.

 

[Huxknits]

just got word they have received it and we will get closing docs next week. This was the longest wait on this portion we've had but there has been A LOT of transactions for them to keep up with at DVC.

Glad you got yours! I’ve been waiting on estoppel since passing ROFR on 3/29, which makes this part even more painful and confusing for me- how are some getting closing docs as soon as the next day or within a week or ROFR and some are waiting 4 weeks ? Or more? Do they use the same dartboard to choose contracts for estoppel as they do for taking ROFR contracts

 

[E2ME2]

UPDATE:
Home: AKV
Broker: www.fidelityrealestate.com
Title Company: First American
Offer made: 02/28/21
Offer accepted: 03/01/21
Sent to ROFR: 03/04/21
Passed ROFR: 04/06/21
Closing docs received: 04/16/21 (*error found, resent 4/19)
Closing docs returned: 04/19/21
Seller returned closing docs: 04/22/21 (53 Days to this point)
Closing:
Deed recorded:
Contract Showing on Membership: (Existing Member)
Points in account: