Closing Time!!

[MissPixieDreamer]

Home Resort: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 4/14/2021
Offer accepted: 4/14/2021
Sent to ROFR: 4/16/2021
Passed ROFR: 5/10/2021
Estoppel Received: 6/02/2021
Closing docs received: 6/04/2021
Closing docs returned: 6/04/2021
Sellers closing docs returned: 6/9/2021
Funds wired: 6/9/2021
Closing: 6/10/2021
Deed recorded: 6/11/2021
Contract Showing on Membership: 6/23/2021 *
Points in account: 6/25/2021 **

Total time: 72 days


* Received activation code and Club ID after sending an e-mail to member admin
** Points in account after help during chat feature. One failed previous attempt with chat and two failed attempts calling

 

[MissPixieDreamer]

Damien helped me this morning too!! He’s the man with the magic. Unfortunately I didn’t get to say thanks because when I refreshed my page to check on the points, the chat was gone. I wish I could reach him and thank him somehow. But I think you’re right. Damien also had to check with admin and I think the paperwork finally became available.

I opened a new tab to refresh so I was able to thank him at the end and compliment for the brief survey. He was spreading Disney Magic this morning!!

 

[idisneyfan]

No luck here. Got two different people on chat and neither were willing to entertain the idea. I guess I will just wait it out.....I could just keep logging into chat and wait for Damien to show up....

 

[rkrose1]

Updated: surprised to see our deed on comptroller website today. Didn’t even know the seller had returned their docs and we had closed....
still looking like 2-3 weeks for points to load unto account.
Any advice?

Home Resort: CCV
Broker: www.*******.com
Title Company: TRCS
Offer made: 4/26/2021
Offer accepted: 4/26/2021
Sent to ROFR: 5/3/2021
Passed ROFR: 5/24/2021
Estoppel Received: 6/9/2021
Closing docs received: 6/10/2021 (afternoon)
Closing docs returned: 6/11/2021
Wired funds: 6/11/2021
Sellers closing docs returned: 6/11/2021 (date listed on deed)
Closing: ??????
Deed recorded: 6/15/2021
Contract Showing on Membership:
Points in account:

Any chance your contract loaded today? I'm following your progress, since we have the same TC & broker. Our deed recorded on Monday (6/21), but I just now received an email congratulating me on the recording and stating that it would be sent to Disney within 24-48 hours, and allow to 2-8 weeks for points. I'm a bit bothered and perplexed by this (delayed/lack of) communication. It should already have been sent to Disney, plus 8 weeks is a bit long of an expectation to set IMO. It seems like most posters here are loading at around 10-14 days . I hope you had some pixie dust today.

 

[HIRyeDVC]

No luck here. Got two different people on chat and neither were willing to entertain the idea. I guess I will just wait it out.....I could just keep logging into chat and wait for Damien to show up....

I feel your agony. Pixie dust and prayers to you!

 

[ParkFreak]

Just got my activation code (technically a new member) but not the club ID. I went ahead and called Member Services and they explained the second email etc but they weren’t able to access the ID. Deed was recorded 6/15. Fingers crossed this goes quickly!

 

[HIRyeDVC]

Any chance your contract loaded today? I'm following your progress, since we have the same TC & broker. Our deed recorded on Monday (6/21), but I just now received an email congratulating me on the recording and stating that it would be sent to Disney within 24-48 hours, and allow to 2-8 weeks for points. I'm a bit bothered and perplexed by this (delayed/lack of) communication. It should already have been sent to Disney, plus 8 weeks is a bit long of an expectation to set IMO. It seems like most posters here are loading at around 10-14 days . I hope you had some pixie dust today.

My broker also gave me a 5-7 week estimate from closing to points. I got it in 15 days. But I called and chatted once I saw the contract in my account to get the points.

 

[rkrose1]

My broker also gave me a 5-7 week estimate from closing to points. I got it in 15 days. But I called and chatted once I saw the contract in my account to get the points.

Thank you.

 

[agirlcallededdy]

Thought I would share some intel from my closing as a seller. My contact took forever during ROFR, finally got bought back. My closing date was 6/22. I heard nothing from Disney until LATE 6/22/21. Notarized and returned 6/23/21. Will take 2-3 weeks until we receive wired funds. Broker says DVC is very delayed right now.

agirlcallededdy (Seller)---$110-$25552-220-SSR-Feb-27/20, 220/21, 220/22, 220/23- sent 4/8, taken 5/18

 

[Sandisw]

Sorry, I’m not sure if I have already asked this or not.

if I have a delayed closing because the sellers have a booked trip, can the sellers still complete and send back the documents before they take their trip or do they actually have to wait until they have completed the trip?

When I sold twice, I got the closing documents about 2 weeks before the delayed closing date to sign and return,

The contract closed the day I checked out of the trips.

 

[Lee Matthews]

When I sold twice, I got the closing documents about 2 weeks before the delayed closing date to sign and return,

The contract closed the day I checked out of the trips.

thanks all for your replies.

just hoping that it’s the case with my sellers and on July 3rd/4th we will be closing.

delayed closing did make me nervous because I feared that when the sellers are on vacation, they may decide to keep their contracts lol

 

[HIRyeDVC]

thanks all for your replies.

just hoping that it’s the case with my sellers and on July 3rd/4th we will be closing.

delayed closing did make me nervous because I feared that when the sellers are on vacation, they may decide to keep their contracts lol

You ain’t lying. You never feel safe until that contract is recorded. I too felt paranoid that the sellers would back out, especially when VGC sales price jumped from $220pp when we purchased to $270 pp just 2 months later. And you never feel at peace until your points are in the account. Hoping for a speedy process!

 

[shicken74]

This thread has helped so much keeping me from going insane through this process. Thank you all so much…almost done. Our deed closed on June 15th, the 11th day from when my deed was recorded is tomorrow (Saturday) so I’m hoping by Monday I will see something on my account. I’m already a direct purchaser…do you know if they just add the resale contract to my existing membership or will they send me a white card to go with my blue one? This is all new for me….

 

[kandlsutton]

Waiting on points to load to book May 2022 trip. Gave in and chatted with Damien and unfortunately they are still waiting on paperwork. So, no booking Poly tomorrow for Memorial Day weekend.

 

[ParkFreak]

UPDATE!

Home Resort: OKW
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 04/19/2021
Offer accepted: 04/19/2021
Sent to ROFR: 04/21/2021
Passed ROFR: 05/10/2021
Closing docs received: 5/26/2021
Closing docs returned: 5/26/2021
Seller’s closing docs returned: 6/11/2021
Closing: 6/14/2021
Deed recorded: 6/15/2021
Contract Showing on Membership (new member): 6/25/2021
Points in account:

So I had an issue trying to sign in with the club ID and activation code which gave me the perfect excuse to call MS. Answered immediately! She said there was an issue with the club ID and quickly got it fixed. Since I already had her on the line, I sweetly asked if she could do anything to get the points loaded. Was on hold for about 12 minutes when she came back and said they are working on it and hopefully will be done in the next few days. It just feels good to be in finally!

 

[idisneyfan]

Ok, what extension are you all using when you call 1, 2, 3, ....I tried 2 and nope...it said to send an email....I want my points....

 

[Tiberella626]

I called Magic Vacation Title yesterday with some noob questions:

My Question: Can you send over for estoppel before we have passed ROFR? Seems like if the price is high enough it would be safe to do so?
*** Answer: We actually send the request when we submit for ROFR but they do it after.

Ok, that's great. Question in the back of my head then is why if DVC is reviewing the contract to see if they should buy it, why don't they verify the information and send the pass and estoppel at the same time? I know its DVC and efficient is not part of their vocabulary but just thought I would put that bubble thought out there.

I explained we are in a bit of a time crunch because DVC wont sell us the matching UY direct until we have this contract so if we can string any wait times concurrently that would be of great help.

The agent I spoke with pulled our file and said, it looks like we haven't sent you the escrow letter yet, I will send that today and it should save you a few days. I didn't know what this was and have only seen one other person mention it but its like a pre-closing worksheet. We had to initial that our names and address was correct and if we were financing and with whom. Our sellers are from Canada so its international and they need a little more info from us for the tax reporting as well. We will send that back on Monday and hopefully by then we will have passed ROFR as well.

 

[Lee Matthews]

Magic Vacation Title sent us the estoppel yesterday too for our Vero Beach contract which passed a couple of days ago. I don’t remember getting by the same from Mason on my AKL contract.

Hopefully it means though it’s now a quick process to closing

 

[Tiberella626]

Magic Vacation Title sent us the estoppel yesterday too for our Vero Beach contract which passed a couple of days ago. I don’t remember getting by the same from Mason on my AKL contract.

Hopefully it means though it’s now a quick process to closing

Fingers Crossed! If you can post your full timeline. Many of us use this as our guide for wait times.

 

[Sandisw]

Magic Vacation Title sent us the estoppel yesterday too for our Vero Beach contract which passed a couple of days ago. I don’t remember getting by the same from Mason on my AKL contract.

Hopefully it means though it’s now a quick process to closing

I got that from Magic Vacation Title over a week ago and was told it would be about 2 weeks to receive closing documents. We are sellers and wanted them to know my DH is having an unexpected surgery this week so if closing documents come, it will be July 6th at the earliest before we will be able to get to the notary. They responded that they didn't think we would have them before than anyway.