Rush
Mouseketeer
- Joined
- Mar 12, 2019
- Messages
- 262
You are missing one line from your post, and that’s closing date. All the docs and payment may be received, but if the title company hasn’t closed the sale then nothing can get recorded at the OC comptroller. If yesterday was your projected closing date and it hasn’t closed, it’s up to you. Depending on your contract, you very likely could walk away with no financial penalty. But, if you do want the contract still I’m not sure I’d do that being so close to the finish line. I’d reach out to Magic Vacation Title and find out if it has closed, or when it will close if it’s not yet. It should then be recorded within that day, or the next at the latest.Halp! I need some advice from the seasoned folks.
Our closing docs say August 19th but August 19th came and went without a peep. I checked the comptroller site and nothing is listed for us. Sellers messed up the first set of docs and had to redo, hence the massive delay. I am going to reach out to the closer and find out what they are going to do but I wanted to check with the veterans first. What should I expect?
Home Resort: AKL
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 6/01/21
Offer accepted: 6/01/21
Sent to ROFR: 6/07/21
Passed ROFR: 6/30/21
Estoppel received: 7/1/21
Closing docs received: 7/7/21
Closing docs returned buyer: 7/9/21 with cashier's check.
Closing docs returned seller: 8/16/21(take two) 7/28/21 (take one).
Deed recorded:
Contract Showing on Membership (new member):
Points in account:
The process can get super frustrating when the seller drags their feet and doesn’t seem to hold up their end of the deal. Hang in there, you are almost done, then the Disney wait begins, but that’s to be expected.