Closing Time!

[dfan_welcomehomeall_19]

Do you get an email telling you the contract has been added? Or does it just show up on the website (And where)? Existing member here. Deed recorded 7/23. Thanks!

I kept checking and saw it pop up but I I’d get an email last night too

 

[Amyeliza]

Does anyone got a sence if existing members get their points added sooner than new members?

 

[dfan_welcomehomeall_19]

Does anyone got a sent if existing members get their points added sooner than new members?

I don’t think so but not 100%. Since not purchasing direct, I think they treat all resale transfers the same

 

[Sandisw]

Does anyone got a sence if existing members get their points added sooner than new members?

Nope.

 

[masupo]

Home Resort: OKW
Broker: https://www.fidelityrealestate.com/
Title Company: Mason Title
Offer made: 07/08/21
Offer accepted: 07/08/21
Sent to ROFR: 07/09/21
Passed ROFR: 08/10/21 (in a unique situation, Disney first took the contract on 07/30. Then they notified the broker that the seller has a second contract that passed, and they would be willing to waive this one as well. It's a reverse ROFR miracle!)
Closing docs received: 08/12/21
Closing docs returned buyer: 08/13/21
Closing docs returned seller:
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

Days Total:

 

[dfan_welcomehomeall_19]

For those asking transfer (turnaround time iof current vs new members) this is an email I recieved from MA. I was asking about general processing time but they mention they handle requests in the order rcvd(current or new member has no bearing)


Thank you for contacting Disney Vacation Club.

The documents from the closing company handling your resale purchase were received on ******* The turnaround time for the resale transfer queue is approximately 3-4 weeks from the date that we receive the resale documents.

Please note that once we have completed the transfer in our system, our Member Services department will handle the process of transferring the points into your account. This part of the process typically takes an additional 7-10 business days.

We appreciate your patience as we are working through each request in the order they are received.

 

[JEDECEEE]

For those asking transfer (turnaround time iof current vs new members) this is an email I recieved from MA. I was asking about general processing time but they mention they handle requests in the order rcvd(current or new member has no bearing)


Thank you for contacting Disney Vacation Club.

The documents from the closing company handling your resale purchase were received on ******* The turnaround time for the resale transfer queue is approximately 3-4 weeks from the date that we receive the resale documents.

Please note that once we have completed the transfer in our system, our Member Services department will handle the process of transferring the points into your account. This part of the process typically takes an additional 7-10 business days.

We appreciate your patience as we are working through each request in the order they are received.

That is the response I got this am as well. I am just glad they acknowledged my deed being recorded. I have 7 days left for my 4 weeks timeline

 

[dfan_welcomehomeall_19]

All done


Home Resort: BLT
Broker: **********
Title Company: Jeffrey Sweet
Offer made: 6/9/21
Offer accepted: 6/9/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Closing docs received: 7/7/21
Closing docs returned: 7/9/21
Closing: 7/21/21
Deed recorded: 7/22/21
Contract Showing on Membership (existing member): 8/14/21
Points in account: 8/16/21

Now just have one more BLT from 7/25 waiting to clear ROFR (hopefully)

 

[Amyeliza]

All done


Home Resort: BLT
Broker: **********
Title Company: Jeffrey Sweet
Offer made: 6/9/21
Offer accepted: 6/9/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Closing docs received: 7/7/21
Closing docs returned: 7/9/21
Closing: 7/21/21
Deed recorded: 7/22/21
Contract Showing on Membership (existing member): 8/14/21
Points in account: 8/16/21

Now just have one more BLT from 7/25 waiting to clear ROFR (hopefully)

That wasn't too bad! Congratulations! Best of luck.

 

[dfan_welcomehomeall_19]

Oh this is so sad! Back in the spring, I called Member Services and asked them to add the points to my account. I had to wait on hold for 30 minutes, but they called (Member Administration) and added them. It sounds like the put a stop to doing that.

They will still do this

 

[disneyforsix]

Update: Received buyer closing docs
Home Resort: SSR
Broker: www.****************.com
Title Company: Mason Title
Offer made: 7/9/221
Offer accepted: 7/9/21
Sent to ROFR: 7/10/21
Passed ROFR: 8/12/21
Closing docs received: 8/16/21
Closing docs returned buyer: 8/16/21
Closing docs returned seller:
Closing:
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

 

[Sandisw]

Home: BLT (I am the seller)
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 5/21/2021
Offer accepted: 5/21/2021
Sent to ROFR: 5/22/2021
Passed ROFR: 6/11/2021
Estoppel Received: ?
Closing docs received: 7/7/2021
Closing docs returned: 7/17/21 ( buyer)
Sellers closing docs returned:? 7/7/2021
Closing: 7/21/2021
Deed recorded: 7/22/2021
Contract Removed from Membership: 8/16/2021

So, just under 4 weeks for it to be taken from me to give to the buyer. I would say then it will be another week to see my RIV resale into my account.

 

[Amyeliza]

Home Resort: BWV
Broker: https://www.****************.com/
Title Company: Mason Title
Offer made: 8/11/2021
Offer accepted: 8/11/2021
Sent to ROFR: 8/13/2021
Passed ROFR:
Closing docs received:
Closing docs returned buyer:
Closing docs returned seller:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
*Seller lives in Canada.

Home: PVB (I am the seller)
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 8/10/2021
Offer accepted: 8/10/2021
Sent to ROFR: 8/13/2021
Passed ROFR:
Estoppel Received
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Removed from Membership:

 

[kandlsutton]

Update (repost from other thread)

Home: VGF
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/15/21
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: 8/16/21
Points in account:

Total time: 68 days and counting…

 

[E2ME2]

Home Resort: OKW
Broker: https://www.fidelityrealestate.com/
Title Company: Mason Title
Offer made: 07/08/21
Offer accepted: 07/08/21
Sent to ROFR: 07/09/21
Passed ROFR: 08/10/21 (in a unique situation, Disney first took the contract on 07/30. Then they notified the broker that the seller has a second contract that passed, and they would be willing to waive this one as well. It's a reverse ROFR miracle!)
Closing docs received: 08/12/21
Closing docs returned buyer: 08/13/21
Closing docs returned seller:
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

Days Total:

What the What !??
They reversed ROFR because they had waived ROFR on a different contract from the same seller?
In the words of Hazel (Umbrella Academy, not Mr. B's Sassy Maid), Elaborate.......

 

[Amyeliza]

Just for fun, I added data from this closing thread into excel. I'll update it once a week for the next 3 months while my properties go through the resale process. You can view the spreadsheet here. I hope this helps someone.

 

[masupo]

What the What !??
They reversed ROFR because they had waived ROFR on a different contract from the same seller?
In the words of Hazel (Umbrella Academy, not Mr. B's Sassy Maid), Elaborate.......

I had the same reaction!

I received this incredible email from the broker (quoting)

"Disney just contacted me to see if you still wanted this contract. The seller has another contract that they waived so, they will be willing to waive this one also, if you are still interested."

Someone on the ROFR thread suggested it could be an international seller. I did some research on the OC Comptroller site and they are US sellers. They do own one other contract - a much larger one at OKW. It's a Revocable Living Trust - maybe that had something to do with it?

Whatever the reason, I'm amazed and happy that the the ROFR gods smiled upon me!

 

[matthewredrich]

Home: AUL
Broker: http://oceanwind-hawaii.com
Title Company: First American Hawaii
Offer made: 3/15/2021
Offer accepted: 3/18/2021
Sent to ROFR: 3/30/2021
Passed ROFR: 4/22/2021
Estoppel Received: 5/06/2021
Closing docs received: 06/25/2021
Closing docs returned: 07/01/2021
Funds wired: 06/30/2021
Sellers closing docs returned: 07/12/2021 (international)
Closing: 08/04/2021?
Deed recorded: 08/05/2021
Contract Showing on Membership:
Points in account:

Total days: 144 and counting

Update! New Membership Assigned and linked to our existing account (this contract has a different use year, which is a little complicated, but it was hard to beat the price). They said points will be loaded in 48-72 hours.

Home: AUL
Broker: http://oceanwind-hawaii.com
Title Company: First American Hawaii
Offer made: 3/15/2021
Offer accepted: 3/18/2021
Sent to ROFR: 3/30/2021
Passed ROFR: 4/22/2021
Estoppel Received: 5/06/2021
Closing docs received: 06/25/2021
Closing docs returned: 07/01/2021
Funds wired: 06/30/2021
Sellers closing docs returned: 07/12/2021 (international)
Closing: 08/04/2021?
Deed recorded: 08/05/2021
Contract Showing on Membership: 08/17/2021
Points in account:

Total days: 155 and counting

 

[matthewredrich]

Update! New Membership Assigned and linked to our existing account (this contract has a different use year, which is a little complicated, but it was hard to beat the price). They said points will be loaded in 48-72 hours.

Home: AUL
Broker: http://oceanwind-hawaii.com
Title Company: First American Hawaii
Offer made: 3/15/2021
Offer accepted: 3/18/2021
Sent to ROFR: 3/30/2021
Passed ROFR: 4/22/2021
Estoppel Received: 5/06/2021
Closing docs received: 06/25/2021
Closing docs returned: 07/01/2021
Funds wired: 06/30/2021
Sellers closing docs returned: 07/12/2021 (international)
Closing: 08/04/2021?
Deed recorded: 08/05/2021
Contract Showing on Membership: 08/17/2021
Points in account:

Total days: 155 and counting

Well, our magical DVC Guide called Member Administration and got them to load the points right away since we're trying to add on to an upcoming reservation. YAY!!

Home: AUL
Broker: http://oceanwind-hawaii.com
Title Company: First American Hawaii
Offer made: 3/15/2021
Offer accepted: 3/18/2021
Sent to ROFR: 3/30/2021
Passed ROFR: 4/22/2021
Estoppel Received: 5/06/2021
Closing docs received: 06/25/2021
Closing docs returned: 07/01/2021
Funds wired: 06/30/2021
Sellers closing docs returned: 07/12/2021 (international)
Closing: 08/04/2021?
Deed recorded: 08/05/2021
Contract Showing on Membership: 08/17/2021
Points in account: 08/17/2021

Total days: 155!!

 

[Emmsgug]

Well, our magical DVC Guide called Member Administration and got them to load the points right away since we're trying to add on to an upcoming reservation. YAY!!

Home: AUL
Broker: http://oceanwind-hawaii.com
Title Company: First American Hawaii
Offer made: 3/15/2021
Offer accepted: 3/18/2021
Sent to ROFR: 3/30/2021
Passed ROFR: 4/22/2021
Estoppel Received: 5/06/2021
Closing docs received: 06/25/2021
Closing docs returned: 07/01/2021
Funds wired: 06/30/2021
Sellers closing docs returned: 07/12/2021 (international)
Closing: 08/04/2021?
Deed recorded: 08/05/2021
Contract Showing on Membership: 08/17/2021
Points in account: 08/17/2021

Total days: 155!!

What wonderful news! I’ve been following your thread closely as I’m a little less than a month behind you.

we recorded on the 29th, so maybe, just maybe that means this slog is almost over.