Closing Time!

[RuntheMouse]

Home Resort: Bay Lake Tower
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.dvcclosings.com/
Offer made: 7/1/24
Offer accepted: 7/1/24
Sent to ROFR: 7/2/24
Passed ROFR: 7/25/24
Closing docs received:7/25/24
Closing docs returned: buyer 7/25/24, seller 8/5/24
Closing: 8/12/24
Deed recorded: 8/13/24
Contract showing (existing member): 8/27/24
Points in account: TBD
Days so far: 57 days and just about done!

So close to done, congratulations! We recorded the same day as you so I have been obsessively checking my dashboard!

 

[Roo76]

How long should one wait before reaching out to see if the contract closed and has been sent for the deed to be recorded?

 

[jwalker79]

How long should one wait before reaching out to see if the contract closed and has been sent for the deed to be recorded?

You're paying the closing company - - I don't think it's inappropriate at all to check in on the status at any point.

 

[jwalker79]

Done!

Home Resort: Bay Lake Tower
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.dvcclosings.com/
Offer made: 7/1/24
Offer accepted: 7/1/24
Sent to ROFR: 7/2/24
Passed ROFR: 7/25/24
Closing docs received:7/25/24
Closing docs returned: buyer 7/25/24, seller 8/5/24
Closing: 8/12/24
Deed recorded: 8/13/24
Contract showing (existing member): 8/27/24
Points in account: 8/28/24
Days so far: 58 days

I was frustrated by the delay between my returning closing docs and the ultimate closing date, some of which was sellers but some of which also seemed to be the closing company. But that said, it's hard to complain about or expect better than 58 days round trip. Glad this is done!

 

[TweedleDum]

Home Resort: Bay Lake Tower
Broker: ******************
Title Company: https://www.dvcclosings.com/
Offer made: 7/20/24
Offer accepted: 7/21/24
Sent to ROFR: 7/22/24
Passed ROFR: 8/19/24
Closing docs received: 8/20/24
Closing docs returned: buyer 8/20/24; seller 8/22/24
Closing: 8/26/24
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total so far: 39 days

 

[RuntheMouse]

UPDATE:

Home Resort: Riviera
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.firstam.com/
Offer made: 6/7/24
Offer accepted: 6/10/24
Sent to ROFR: 6/12/24
Passed ROFR: 7/4/24
Closing docs received: 7/12/24
Closing docs returned: 7/12/24 (buyer)
Closing: 8/12/24???
Deed recorded: 8/13/24
Contract Showing on Membership (existing member): 8/29/24
Points in account:

84 days and counting!

Going to be patient waiting for the points to load. Excited to have this almost wrapped up, this one was no picnic!

 

[VGCgroupie]

UPDATE:

Home Resort: Riviera
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.firstam.com/
Offer made: 6/7/24
Offer accepted: 6/10/24
Sent to ROFR: 6/12/24
Passed ROFR: 7/4/24
Closing docs received: 7/12/24
Closing docs returned: 7/12/24 (buyer)
Closing: 8/12/24???
Deed recorded: 8/13/24
Contract Showing on Membership (existing member): 8/29/24
Points in account:

84 days and counting!

Going to be patient waiting for the points to load. Excited to have this almost wrapped up, this one was no picnic!

Congrats!! You have been a trooper on this one.

 

[Joroc0801]

Just an update now that Im home and no longer under the influence of the beach or alcohol, my seller is also international and thats why FIRPTA. FWIW Fidelity did not disclose to me that seller was international in the listing. So now we have HARPTA and FIRPTA

Same thing just happened to me with Fidelity. Didn't find out the seller was international until closing documents provided their address. FIRPTA explanation came after we wired funds to closing company. Things are proceeding fine but it would have been nice to know and have an explanation ahead of time.

 

[VGCgroupie]

Same thing just happened to me with Fidelity. Didn't find out the seller was international until closing documents provided their address. FIRPTA explanation came after we wired funds to closing company. Things are proceeding fine but it would have been nice to know and have an explanation ahead of time.

Yes I agree. I would’ve still bought this one since it was a rare contract but FIRPTA is not something everyone is comfortable with and they should really be disclosing it in the listing like other brokers.

 

[Grapefruit]

Home Resort: CCV
Broker: http://www.fidelityrealestate.com
Title Company: http://www.dvcclosings.com
Offer made: 7/23
Offer accepted: 7/24
Sent to ROFR: 7/29 (paperwork issues; had to do twice due to seller name issues)
Passed ROFR: 8/26
Closing docs received: 8/26
Closing docs returned: 8/26
Closing: 8/30
Deed recorded: 8/30
Contract Showing on Membership (existing member):
Points in account:

Days Total:

 

[juliebee]

Everything is complete! Even though ROFR was 26 days (longer than average from prior months) the whole thing took only 49 days until points were in my account. I would absolutely recommend the broker and title company I went through. I was hesitant about the broker because I really wanted to go through the board sponsor since I love the DVCFan podcast, but in truth I dealt with the Title Company more than I did the broker, so it really didn't matter who listed the contract. From what I read here, the Title Company can make or break the good experience. Plus having a seller that completes their part quickly, which I was also blessed to have.

Home Resort: Boulder Ridge Villas
Broker: www.****************.com
Title Company: DVC Title and Escrow
Offer made: 7/12/24
Offer accepted: 7/12/24
Sent to ROFR: 7/14/24
Passed ROFR: 8/9/2024
Closing docs received: 8/12/2024
Closing docs returned: 8/12/2024 buyer; 8/13 seller
Wired funds: 8/13/2024
Closing: 8/14/2024
Deed recorded: 8/14/2024
Contract Showing on Membership (new member): 8/29/2024
Points in account: 8/30/2024 (didn't call)

Days Total: 49! I think that is fast!

 

[RuntheMouse]

UPDATE:

Home Resort: Riviera
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.firstam.com/
Offer made: 6/7/24
Offer accepted: 6/10/24
Sent to ROFR: 6/12/24
Passed ROFR: 7/4/24
Closing docs received: 7/12/24
Closing docs returned: 7/12/24 (buyer)
Closing: 8/12/24???
Deed recorded: 8/13/24
Contract Showing on Membership (existing member): 8/29/24
Points in account:

84 days and counting!

Going to be patient waiting for the points to load. Excited to have this almost wrapped up, this one was no picnic!

Done! Points were in our account when we woke up this morning. Trip booked, sigh of relief!

 

[atthebeachclub]

Everything is complete! Even though ROFR was 26 days (longer than average from prior months) the whole thing took only 49 days until points were in my account. I would absolutely recommend the broker and title company I went through. I was hesitant about the broker because I really wanted to go through the board sponsor since I love the DVCFan podcast, but in truth I dealt with the Title Company more than I did the broker, so it really didn't matter who listed the contract. From what I read here, the Title Company can make or break the good experience. Plus having a seller that completes their part quickly, which I was also blessed to have.

Home Resort: Boulder Ridge Villas
Broker: www.****************.com
Title Company: DVC Title and Escrow
Offer made: 7/12/24
Offer accepted: 7/12/24
Sent to ROFR: 7/14/24
Passed ROFR: 8/9/2024
Closing docs received: 8/12/2024
Closing docs returned: 8/12/2024 buyer; 8/13 seller
Wired funds: 8/13/2024
Closing: 8/14/2024
Deed recorded: 8/14/2024
Contract Showing on Membership (new member): 8/29/2024
Points in account: 8/30/2024 (didn't call)

Days Total: 49! I think that is fast!

Congratulations! Yeah…broker is not nearly as important as the title company, except in how they treat you during negotiations (and also how stringent their rules for title companies are — you legally should be able to choose any title company you like but some brokers try to restrict the title company you use, presumably to make more money. I would use most brokers if they had the contract I wanted.

 

[E2ME2]

Data Point for those still waiting:
This one took exactly 4 weeks thru ROFR:
E2ME2 (seller)---$140-$5000-30-BCV-Jun-0/23, 14/24, 30/25, 30/26- sent 7/22 - passed 8/19
Good Luck to all

Updated - 6 Weeks Total = PDF (Pretty Darn Fast)

Home Resort: Beach Club Villas
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.dvcclosings.com/
Offer made: 7/19/24
Offer accepted: 7/19/24
Sent to ROFR: 7/22/24
Passed ROFR: 8/19/24
Closing docs received:7/26/24
Closing docs returned: buyer ??? seller 7/31/24
Closing: 8/30/24
Deed recorded: ????
Contract showing ????
Points in account: ????
"Show Me The Money" - 8/30/24 (Wire Transfer received by Seller)
42 DAYS for Seller, and was only listed for 2 days prior to the offer, buyer paid asking price.

Had to modify my signature line to remove BCV

 

[discreet]

Home Resort: BoardWalk Villas
Broker: https://www.dvcresalemarket.com/
Title Company: https://www.dvcclosings.com/
Offer made: 7/15/24
Offer accepted: 7/15/24
Sent to ROFR: 7/17/24
Passed ROFR: 8/13/24
Closing docs received:8/13/24
Closing docs returned: buyer 8/13/24
Closing: 8/15/24
Deed recorded: 8/15/24
Contract showing (existing member): 8/29/24
Points in account: 8/31/24
Days Total: 47 days

 

[E2ME2]

Updated - 6 Weeks Total = PDF (Pretty Darn Fast)

Home Resort: Beach Club Villas
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.dvcclosings.com/
Offer made: 7/19/24
Offer accepted: 7/19/24
Sent to ROFR: 7/22/24
Passed ROFR: 8/19/24
Closing docs received:7/26/24
Closing docs returned: buyer ??? seller 7/31/24
Closing: 8/30/24
Deed recorded: ????
Contract showing ????
Points in account: ????
"Show Me The Money" - 8/30/24 (Wire Transfer received by Seller)
42 DAYS for Seller, and was only listed for 2 days prior to the offer, buyer paid asking price.

Had to modify my signature line to remove BCV

Don't be sad atthebeachclub
We were only able to use our small BCV points every third year, as it wasn't enough to book a lengthy stay.
We picked up a Loaded BWV contract during COVID, and love it almost as much, and the BWV points are even better in January.
& When we can't get standard view at BWV, we can switch over to BCV for the same points as P/G or Boardwalk Views.
So we are happy with our decision, and will continue to stay at BCV periodically. (SAB is the only thing I will miss, just a little)

 

[atthebeachclub]

Don't be sad atthebeachclub
We were only able to use our small BCV points every third year, as it wasn't enough to book a lengthy stay.
We picked up a Loaded BWV contract during COVID, and love it almost as much, and the BWV points are even better in January.
& When we can't get standard view at BWV, we can switch over to BCV for the same points as P/G or Boardwalk Views.
So we are happy with our decision, and will continue to stay at BCV periodically. (SAB is the only thing I will miss, just a little)

I think Boardwalk is a great choice for a lot of people. The only reasons I chose Beach Club instead are because
1. We have stayed there and liked it
2. My kids love Stormalong Bay (I’ll be real; it isn’t as relaxing for me though! lol)
3. Dedicated 2 bedrooms make 2 bed availability a lot easier!
4. SLIGHTLY closer to Epcot for after hours food!
5. There is quick service right there so I don’t have to venture far outdoors for food in case of poor weather. It isn’t good quick service, but it does exist.

I do think Boardwalk is the better value though!

 

[tx911]

Cooper Creek 175points at $115pp this morning, Feb UY.

Very tough to resist, but I did

 

[mistysue]

Finally realized I didn't come back -

Home Resort: Riviera
Broker: https://www.dvcresalemarket.com/
Title Company: https://magicvacationtitle.com/
Offer made:6/24/24
Offer accepted:6/24/24
Sent to ROFR:6/24/24
Passed ROFR:7/19/24
Closing docs received:7/19/24
Closing docs returned:7/19/24
Closing: 8/1/24
Deed recorded:8/6/24
Contract Showing on Membership (existing member):8/16/24
Points in account:8/19/24

Days Total: 55

buyer/seller took less than a day total, Disney took 35 (ROFR+adding points, IF broker sent on the days they said), broker took 18 days to close and send for recording. So overall, it was not bad, but I would have been able to book 2 weeks sooner with any other broker, which actually did make a difference in our travel dates next year in the end. Not a big deal but stressful in the moment. If they had done closing and sent for recording same day (like many do), the whole process would have been just over a month.

 

[Cybertruck]

I think Boardwalk is a great choice for a lot of people. The only reasons I chose Beach Club instead are because
1. We have stayed there and liked it
2. My kids love Stormalong Bay (I’ll be real; it isn’t as relaxing for me though! lol)
3. Dedicated 2 bedrooms make 2 bed availability a lot easier!
4. SLIGHTLY closer to Epcot for after hours food!
5. There is quick service right there so I don’t have to venture far outdoors for food in case of poor weather. It isn’t good quick service, but it does exist.

I do think Boardwalk is the better value though!

We are in the BCV camp for the exact same reasons. Except our kids are adults now and no longer use Stormalong Bay (happy dad). Yes very poor quick service. We run over to the Fountain at the Dolphin they use to give a DVC discount (dad likes discounts) but that stopped when they switched owners.