Closing Time!

[VGCgroupie]

So title co says they sent to Disney and that Disney accepted the wire of funds (estoppel and dues) The fact that MA has no phone number is frustrating.

 

[PCDisFan]

Fidelity National Title. I AM LIVID

We had Fidelity National Title for our first AUL resale and were not impressed with their communications and responsiveness. As an example, it took 5 weeks from them receiving our closing docs until the closing date. We didn't have an international seller or a delayed closing.

On our most recent AUL we used TRCS, Inc, thanks to some postings from @Jimmy Geppetto and a few others. They were less expensive and even with a 2 week delay, due to DVC needing additional paperwork from the seller, the process from offer to closing was faster.

 

[VGCgroupie]

We had Fidelity National Title for our first AUL resale and were not impressed with their communications and responsiveness. As an example, it took 5 weeks from them receiving our closing docs until the closing date. We didn't have an international seller or a delayed closing.

On our most recent AUL we used TRCS, Inc, thanks to some postings from @Jimmy Geppetto and a few others. They were less expensive and even with a 2 week delay, due to DVC needing additional paperwork from the seller, the process from offer to closing was faster.

Yeah never again. I used to be anti TRCS since they took a long time for me. But now i appreciate them holding back funds and processing things correctly

 

[PCDisFan]

Yeah never again. I used to be anti TRCS since they took a long time for me. But now i appreciate them holding back funds and processing things correctly

Hopefully things start moving quickly. Is there any way to get a MS person to transfer you to someone in MA?

 

[VGCgroupie]

Hopefully things start moving quickly. Is there any way to get a MS person to transfer you to someone in MA?

They have been helpful in asking a supervisor to talk to MA. But MA will not talk to me directly.

 

[PlutoNotPlanet]

They have been helpful in asking a supervisor to talk to MA. But MA will not talk to me directly.

At least you finally know the reason. Still, it's so bad! From the threads, recently, from closing to contract showing should not take more than 3 weeks (typically 2-3 weeks), and then no more than 2 weeks (typically 1-2 weeks) to see points even for new members.

 

[PlutoNotPlanet]

Sent to ROFR: 11/20/2024
Passed ROFR: 1/10/2025

Has the broker forgot to sent to ROFR? That took sooo long. Recent records range from 17 day to 28 day. Yours was terrible

 

[takemetomanos]

I opted for a phone call to best personalize things. Was about a fifteen minute hold before I got connected.

There was a reservation out there that I was really hoping to land six months out. Very kind individual I spoke with. Chatted for a couple minutes about the situation, put me on hold for 5-10, then poof…. There they were.

 

[goofytiggerfan]

I opted for a phone call to best personalize things. Was about a fifteen minute hold before I got connected.

There was a reservation out there that I was really hoping to land six months out. Very kind individual I spoke with. Chatted for a couple minutes about the situation, put me on hold for 5-10, then poof…. There they were.

Man I had my timeline so similar to yours same deed recorded date and nothing yet. Ugh. no id emails nothing.

 

[PlutoNotPlanet]

Contract Showing on Membership (new member): 2/22/2025
Points in account: 2/23/2025 (phone call with kind MS member

Fidelity, Cammy Smith, title folks, Disney all a pleasure to work with.

I opted for a phone call to best personalize things. Was about a fifteen minute hold before I got connected.

There was a reservation out there that I was really hoping to land six months out. Very kind individual I spoke with. Chatted for a couple minutes about the situation, put me on hold for 5-10, then poof…. There they were.

That's indeed a kind MS member! Congrats!

 

[Sandisw]

Don’t forget. You must use links to all brokers. No names please or your post will be deleted. Thank you!

 

[PCDisFan]

Has the broker forgot to sent to ROFR? That took sooo long. Recent records range from 17 day to 28 day. Yours was terrible

Disney needed additional documentation from the seller. It appeared to be someone's estate selling the points which may have led to missed documentation or perhaps the need for some additional proof of agency. The broker was pretty good about keeping us updated.

 

[TinkAgainU]

... Yes US sellers can drag their feet too, but I think it's less likely and they definetely at least have a choice of a speedier closing.

Every Seller is different. In past sales, I've had my notarized Deed already sitting at Escrow when the ROFR came thru - so if the Buyer wired funds quickly, it closed quickly at least. Although I would not ask an Escrow to prepare all the documents upfront for an iffy-ROFR but for a resort where ROFR is not active, as a Seller I ask for the documents early as a courtesy to keeping things moving for the Buyer. I know how hard it is waiting for those points (although I promise you'll forget it was hard the first time you check-in to your resort and see your name on the TV lol).

 

[Girlstar30]

Every Seller is different. In past sales, I've had my notarized Deed already sitting at Escrow when the ROFR came thru - so if the Buyer wired funds quickly, it closed quickly at least. Although I would not ask an Escrow to prepare all the documents upfront for an iffy-ROFR but for a resort where ROFR is not active, as a Seller I ask for the documents early as a courtesy to keeping things moving for the Buyer. I know how hard it is waiting for those points (although I promise you'll forget it was hard the first time you check-in to your resort and see your name on the TV lol).

I am going insane waiting to see when my seller decides to notarize

 

[TinkAgainU]

I am going insane waiting to see when my seller decides to notarize

Patience, Grasshopper lol. Sometimes it is helpful to ask if the Seller is International or handling the affairs of a deceased... if timing is critical on the points access.

 

[PlutoNotPlanet]

On our most recent AUL we used TRCS, Inc, thanks to some postings from @Jimmy Geppetto and a few others. They were less expensive and even with a 2 week delay, due to DVC needing additional paperwork from the seller, the process from offer to closing was faster.

Hi, a naive question as notary is something new to me: how did TRCS instruct regarding notary for buyers? and were you able to use virtual notary? Thanks

 

[VGCgroupie]

Hi, a naive question as notary is something new to me: how did TRCS instruct regarding notary for buyers? and were you able to use virtual notary? Thanks

We did a virtual notary when we used TRCS for Aul. Very easy.. almost too easy TBH

 

[Girlstar30]

Thank you guys for the Mason Title Co recommendation! I am using them for my new resale contract. They charge less than Magic, they are friendlier and so far fast and they provide an online notary at the end free of charge!

 

[TinkAgainU]

I just found out DVC Escrow and Title now charges $39 for the e-notary ($99 for International). And they are already one of the most expensive out there. Don't get me wrong, I really enjoy working with Cammy, but at some point there is just too big of a spread between their prices and others. A friend is convinced they kickback to the brokers (I do know they make you acknowledge they are Affiliated with some)... I'll go to AAA for free just as a matter of principle - luckily for my Buyer I stay on top of things, since some Sellers will also chose to delay and use their free bank notary. If the Escrow fee is X, it really should include full service, I detest being nickel and dimed.

 

[Girlstar30]

Well this process officially sucks. I notarized the docs the same day and mailed them and it was received the day after. Sellers have done nothing. I emailed the title company and my agent. Agent is telling me that the sellers are not communicating with her at all even though she apparently emailed them twice and the title company gave me the same canned response that the sellers are "actively looking for a notary" as last week.

Seems like there was a lot of communication, until they got my deposit and then it dropped off. Anyways, the sellers are in their right to do nothing until closing, but I really was hoping for more care in communicating from agent and of course more effort from the sellers, and a friendlier title company agent. I didnt even know i passed ROFR and just received the closing docs in my email last week before being informed. I was the one that had to email the resale market to see if this was a legit email of closing docs I was receiving. I thought a phone call congratulating us would have been nice.

I did see on the orange county comptroller deed recording website yesterday that the sellers had another dvc contract previously that was foreclosed by their lender because they just stopped making payments. This isn't making me feel any better as it is a lack of responsibility or personal issues from the sellers that their lending company actually had to go through foreclosure and take their contract from them before.

This time around for another contract, I decided to go with Fidelityrealestate.com for resale and if that doesnt go well I really dont want to go thru this process again. IMO too many different things can go wrong. I'm hoping i have better luck with them and the new sellers if this passes ROFR. If not, then definetely going direct and im done. I wouldn't use dvcresalemarket.com again based on my experience Just my two cents. I understand these things take time, I'm just not impressed with the professionalism from start to finish.