Closing Time!!

[natty650]

You should have no problem getting closed by that date, but if you were not to for some reason, you could always make arrangements with the seller to bank the points.

Good to know - thank you!

 

[mrsclark]

Update!

BCV 1 of 2
Home: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Estoppel Received: 7/09/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21
Sellers closing docs returned: 7/20/21 (We did not wire funds until we received confirmation that the sellers had completed and returned their paperwork to Magic Vacation Title)
Funds Wired: 7/20/21
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

BCV 2 of 2

Home: BCV
Broker: www.****************.com
Title Company: Mason
Offer made: 6/18/21
Offer accepted: 6/18/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/15/21
Closing docs returned: 7/16/21
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[HappyThoughtsTees]

Ugh, this whole timeline issue for some folks makes me worried. We passed ROFR for an Aulani contract on 7/11, and the banking deadline is 9/30. I don't mind waiting - I just don't want to lose the points.

How long has the process been for you so far?

The whole thing took over 4 months. Offer made 3/1, points in account 7/12. The title company we were told to use was First Reliable Transfers, and to be honest the communication was seriously lacking. It took a month to receive closing docs, and over a month to record the deed. Keeping my fingers crossed for you that your transaction moves faster!

 

[BayGirl22]

Hi- Can I ask which title agent you had with First American? We have two west coast contracts with them right now and I'm concerned, it's taking quite a while to get our closing docs.

First name was Stacey.
Apparently the mistakes on the deed were not the fault of the title company, but there were several mistakes in emails to us that were.
She was responsive when I asked questions, I just feel like the extra back and forth added time to the process for us.

Our agent had the seller bank our points before we started the process. I was all "oh, hopefully we'll close by end of May..." and we didn't. Easy for the seller to do that at any point.

 

[kandlsutton]

Update

Home: VGF
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/15/22
Passed ROFR: 7/01/21
Estoppel Received: 7/07/21
Closing docs received: 7/08/21
Closing docs returned: 7/08/21
Sellers closing docs returned: 7/14/21 (funds wired)
Closing: 7/22/21
Deed recorded: 7/22/21
Contract Showing on Membership:
Points in account:

 

[Michiel]

Mine is taking longer than most others I've seen here, but getting there!

Home: SSR
Broker:
Title Company: Jeffrey C. Seller
Offer made: 05/09/21
Offer accepted: 05/11/21
Sent to ROFR: 05/12/21
Passed ROFR: 06/01/21
Estoppel Received:
Closing docs received: 06/15/21
Closing docs returned: 06/16/21
Sellers closing docs returned: 07/19/21
Closing: 07/21/21
Deed recorded:
Contract Showing on Membership:
Points in account

 

[mrsclark]

Update!


BCV 1 of 2
Home: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Estoppel Received: 7/09/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21
Sellers closing docs returned: 7/20/21 (We did not wire funds until we received confirmation that the sellers had completed and returned their paperwork to Magic Vacation Title)
Funds Wired: 7/20/21
Closing: 7/22/21
Deed recorded:
Contract Showing on Membership:
Points in account:


BCV 2 of 2


Home: BCV
Broker: www.****************.com
Title Company: Mason
Offer made: 6/18/21
Offer accepted: 6/18/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/15/21
Closing docs returned: 7/16/21
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[nicstress]

Does anyone have experience with TRSC (timeshare resale closing services)? Good or not good? Fast or slow? We passed ROFR 8 days ago and not a peep from them.

I had a great experience with them. You passed ROFR right before Disney stopped doing some of their administrative stuff. They are back up and running now but that could have caused the delay. I was told the second time around from my current broker you could wait 2-3 weeks for estoppel. I never have but it's possible.

 

[disneyfan123]

Just because there's 2 threads going, I'll post this here as well!

Home Resort: SSR
Broker: ****************.com
Title Company: Mason and Title
Offer made: June 16
Offer accepted: June 16
Sent to ROFR: June 17
Passed ROFR: July 12
Estoppel received: July 12
Closing docs received: July 13
Closing docs returned: July 13
Closing: July 23
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total:

 

[TMichele]

So, I finally closed yesterday…..

Home Resort: BLT
Broker: fidelityrealestate.com
Title Company: Mason Title
Offer made: 06/09/2021
Offer accepted: 06/09/2021
Sent to ROFR: 06/15/2021
Passed ROFR: 07/06/2021
Estoppel received: 07/07/2021
Closing docs received: 07/08/2021
Closing docs returned: 07/08/2021 (funds wired)
Seller’s closing docs returned: ?
Closing: 7/26/2021
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[Rush]

Update #1

Home: AKV
Broker: www.dvcsales.com
Title Company: Mason Title
Offer made: 6/20/21
Offer accepted: 6/20/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21 (payment sent via FedEx 7/20/21, delivered to title co. 7/22/21)
Sellers closing docs returned: 7/19/21
Closing: 7/27/21
Deed recorded: 7/27/21
Contract Showing on Membership:
Points in account:

 

[kilik64]

Has anyone had any luck getting MS through either phone or chat or load points lately? Ive called multiple times and just did the chat and keep getting told they will load when they load basically. The 7 month window hits on 8/6 so getting antsy and annoyed that they havent loaded yet and they dont seem to care to get them loaded. I know people have posted in the past about calling and they get points loaded pretty easy, so wonder if this is a new thing?

Contract closed 6/30 so well before the down time. Got our id and accounts set up on 7/13. Just in case both those matter.

 

[Sandisw]

Has anyone had any luck getting MS through either phone or chat or load points lately? Ive called multiple times and just did the chat and keep getting told they will load when they load basically. The 7 month window hits on 8/6 so getting antsy and annoyed that they havent loaded yet and they dont seem to care to get them loaded. I know people have posted in the past about calling and they get points loaded pretty easy, so wonder if this is a new thing?

Contract closed 6/30 so well before the down time. Got our id and accounts set up on 7/13. Just in case both those matter.

Maybe they have decided to not allow people to do this anymore as in essence, it gets them ahead of others waiting who don’t call.

I would give them until 8/1. If your account wa created 7/13, even with shut down, that would still mean you’ve waited well beyond the typical average of 10 days

 

[mrsclark]

Update!


BCV 1 of 2
Home: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Estoppel Received: 7/09/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21
Sellers closing docs returned: 7/20/21 (We held funds until we received confirmation the sellers had signed and returned their paperwork)
Funds Wired: 7/20/21
Closing: 7/22/21
Deed recorded: 07/27/2021
Contract Showing on Membership:
Points in account:


BCV 2 of 2


Home: BCV
Broker: www.****************.com
Title Company: Mason
Offer made: 6/18/21
Offer accepted: 6/18/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/15/21
Closing docs returned: 7/16/21
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Our first contract is zooming right along, but I am getting a little frustrated with the second contract - we are almost at two weeks since we received closing docs and the seller still hasn't returned hers - I know it is common for sellers to take a long time to return especially with having to get them notarized on their end, but still tough to add more waiting to this long process.

 

[Emmsgug]

Home: CCV
Broker: www.fidelityrealestate.com
Title Company: First American
Offer made: 4/15/2021
Offer accepted: 4/21/2021
Sent to ROFR: 4/21/2021
Passed ROFR: 5/10/2021
Estoppel Received: 6/10/2021
Closing docs received: 6/11/2021
Closing docs returned: 6/14/2021
Sellers closing docs returned: 7/9/2021(last of the three sellers to return)
Closing: 7/29/2021
Deed recorded: 7/29/21
Contract Showing on Membership:
Points in account:

This is the definition of hurry up and wait….what a friggin ordeal.

Not impressed with First American…like at all…burning dumpster fire of a closing agent.

 

[mrsclark]

Update!


BCV 1 of 2
Home: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Estoppel Received: 7/09/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21
Sellers closing docs returned: 7/20/21 (We held funds until we received confirmation the sellers had signed and returned their paperwork)
Funds Wired: 7/20/21
Closing: 7/22/21
Deed recorded: 07/27/2021
Contract Showing on Membership:
Points in account:


BCV 2 of 2


Home: BCV
Broker: www.****************.com
Title Company: Mason
Offer made: 6/18/21
Offer accepted: 6/18/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/15/21
Closing docs returned: 7/16/21
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Our first contract is zooming right along, but I am getting a little frustrated with the second contract - we are almost at two weeks since we received closing docs and the seller still hasn't returned hers - I know it is common for sellers to take a long time to return especially with having to get them notarized on their end, but still tough to add more waiting to this long process.

on BCV #2, I contacted the broker and closing company today to see if they knew when the seller would be returning her closing documents. They said they have been shipped and are scheduled for delivery to the title company tomorrow. If they confirm receipt tomorrow morning, then we will wire the funds and get this thing closed!

 

[mrsclark]

Home: CCV
Broker: www.fidelityrealestate.com
Title Company: First American
Offer made: 4/15/2021
Offer accepted: 4/21/2021
Sent to ROFR: 4/21/2021
Passed ROFR: 5/10/2021
Estoppel Received: 6/10/2021
Closing docs received: 6/11/2021
Closing docs returned: 6/14/2021
Sellers closing docs returned: 7/9/2021(last of the three sellers to return)
Closing: 7/29/2021
Deed recorded: 7/29/21
Contract Showing on Membership:
Points in account:

This is the definition of hurry up and wait….what a friggin ordeal.

Not impressed with First American…like at all…burning dumpster fire of a closing agent.

Ouch - that is terrible - I feel for you...

 

[Emmsgug]

Ouch - that is terrible - I feel for you...

I should have known when it took them over a week to ratify….and I was sooooo hopeful when we zoomed through ROFR.
But I was also convinced that they were going to Cancel the contract and relist it as I got it for an exceedingly low per point price….and prices just exploded while we were in ROFR.
So while I grouse, I’m thankful for the money saved. This was also my first contract, so I didn’t know what to expect…..but 15+ weeks was well above the expectation.

 

[SarahWI]

Home: BLT
Broker: https://www.**********.com/
Title Company: https://www.trcsinc.com/
Offer made: 6/18/21
Offer accepted: 6/19/21
Sent to ROFR: 6/19/21
Passed ROFR: 7/12/21
Estoppel Received: uncertain
Closing docs received: 7/30/21
Closing docs returned: 7/30/21
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[badeacon]

Home: CCV
Broker: www.fidelityrealestate.com
Title Company: First American
Offer made: 4/15/2021
Offer accepted: 4/21/2021
Sent to ROFR: 4/21/2021
Passed ROFR: 5/10/2021
Estoppel Received: 6/10/2021
Closing docs received: 6/11/2021
Closing docs returned: 6/14/2021
Sellers closing docs returned: 7/9/2021(last of the three sellers to return)
Closing: 7/29/2021
Deed recorded: 7/29/21
Contract Showing on Membership:
Points in account:

This is the definition of hurry up and wait….what a friggin ordeal.

Not impressed with First American…like at all…burning dumpster fire of a closing agent.

My sympathies with this slow process.