Closing Time!

[DaveNan]

Probably stupid question, but what does it mean to have 'points loaded'?

I bought a stripped Dec UY SSR contract. Got the DVC member profile today, I see the contract, there obviously aren't available points to use, but the annual allotment of points seems all correct and listed correctly on my member profile.

It means the points and current situation (2021, 2022, and 2023) points are reflected on the dashboard. Sometimes the contract will show on the dashboard when it is first loaded, but have 0 points available the next 2 years. Even on a stripped contract, you should see 1/2 of the 2022 points (excluding maybe if you are Jan UY) and all of the 2023 points. Before the points are loaded, it shows 0 points available on the dashboard, even for 2 years out.

 

[Tbella]

My new contract closed today. In the email, Mason title gave me the timeline. It says the recorded deed will go out by regular mail within 2-3 business days. Is this normal? I am seeing on others timelines that many had their deed recorded the next day.

 

[DonMacGregor]

My new contract closed today. In the email, Mason title gave me the timeline. It says the recorded deed will go out by regular mail within 2-3 business days. Is this normal? I am seeing on others timelines that many had their deed recorded the next day.

They will record it electronically immediately, and send out the hard copy of the recorded deed to you in a few days.

 

[Divaofdisney]

Home Resort: Riviera Resort
Broker: DVC Resale Market
Title Company: Magic Title Company
Offer made: 1/6/22
Offer accepted: 1/6/22
Sent to ROFR: 1/11/22
Passed ROFR:
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[Tbella]

They will record it electronically immediately, and send out the hard copy of the recorded deed to you in a few days.

Thank you for clarifying!

 

[Lorana]

Starting this in the hopes that doing so means I'll get my closing docs today, LOL.

Home Resort: Animal Kingdom Lodge (AKV)
Broker: www.dvcstore.com
Title Company: Mason Title
Offer made: 12/15/2021
Offer accepted: 12/17/2021 (2 days)
Sent to ROFR: 12/26/2021 (9 days)
Passed ROFR: 1/13/2022 (18 days)
Estoppel Received:
Closing docs received:
Closing docs returned:
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Days Total: 35 days and counting...
offer made to ROFR passing: 29 days
ROFR passing to closing: 6 days and counting...
closing to points in account:

This wait to get closing docs is more torturous than the ROFR wait! Is it usual for www.dvcstore.com to delay in issuing closing docs? I'm now on Day 12 since passing ROFR. 6 more days and I'll have been waiting for closing docs as long as it took to pass ROFR. I try to tell myself to be patient; after all, I passed ROFR in only 18 days.

 

[smmora]

This wait to get closing docs is more torturous than the ROFR wait! Is it usual for www.dvcstore.com to delay in issuing closing docs? I'm now on Day 12 since passing ROFR. 6 more days and I'll have been waiting for closing docs as long as it took to pass ROFR. I try to tell myself to be patient; after all, I passed ROFR in only 18 days.

I had to contact Mason, and when they did they said "we sent them last week", they resent and I got them immediately

 

[wdw4rfam]

I had to contact Mason, and when they did they said "we sent them last week", they resent and I got them immediately

Funny, I got the same answer last month after waiting 2 weeks and calling

 

[Kcasey02]

Home Resort: Boulder Ridge
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 12/27/2021
Offer accepted: 12/28/2021
Sent to ROFR: 12/31/2021
Passed ROFR: 1/14/2022 (also Estoppel)
Closing docs received: 1/19/2022
Closing docs returned: 1/20/2022
Closing: 1/25/2022
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total:

The staff at both DVC Resale Market and Magic Vacation Title were great and very patient with us being new to this!

Our deed was sent to the county for recording today. Can anyone share how to check that it actually was recorded?

I’m also wondering how long it’ll take us to get set up as we’re new members. Hmmm…

 

[wdw4rfam]

So when people are calling to get points loaded after waiting the 24 hours....do you hit member services, accounting, or what? Who does this for you?

 

[smmora]

Update

Home Resort: SSR
Broker: DVC store
Title Company: Mason
Offer made: 12/6/2021
Offer accepted: 12/6/2021 (0 days)
Sent to ROFR: 12/7/2021 (1 days)
Passed ROFR: 1/3/2022 (27 days)
Closing docs received: 1/12/2022 (checked 1/12, they said originally sent 1/5 - I never received) (9 days)
Closing docs returned: 1/12/2022 (Buyer - wire sent same day - Sellers docs in transit via FedEX) (0 days)
Closing: 1/13/2022 (1 days)
Deed recorded: 1/14/2022 (1 days)
Contract Showing on Membership (new member): 1/25 (11 days)
Points in account


Total days so far: 50

 

[LadybugsMum]

So when people are calling to get points loaded after waiting the 24 hours....do you hit member services, accounting, or what? Who does this for you?

You call MS for that.

 

[wdw4rfam]

You call MS for that.

Thanks

 

[KVacc]

I'll let you know in 47 minutes (estimated).

Do you have to call to get your points loaded for a resale contract or will they show up eventually?

 

[tripphuff]

Do you have to call to get your points loaded for a resale contract or will they show up eventually?

They'll show up eventually. In my experience, about 10-14 days after the contract first shows up in your account.

 

[smmora]

Update

Home Resort: SSR
Broker: DVC store
Title Company: Mason
Offer made: 12/6/2021
Offer accepted: 12/6/2021 (0 days)
Sent to ROFR: 12/7/2021 (1 day)
Passed ROFR: 1/3/2022 (27 days)
Closing docs received: 1/12/2022 (checked 1/12, they said originally sent 1/5 - I never received) (9 days)
Closing docs returned: 1/12/2022 (Buyer - wire sent same day - Sellers docs in transit via FedEX) (0 days)
Closing: 1/13/2022 (1 day)
Deed recorded: 1/14/2022 (1 day)
Contract Showing on Membership (new member): 1/25 (11 days)
Points in account: 1/25 (1 day) - requested via chat


Total days: 51

 

[ivieanne]

FINAL UPDATE

We ended up doing 2 contracts at once. Ironically the second one we added closed and appeared on our account much faster than the first, which ended up being painfully long.

Home Resort: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magical Vacation Title
Offer made: 10/14/21
Offer accepted: 10/14/21
Sent to ROFR: 10/20/21
Passed ROFR: 11/9/21
Estoppel received: 11/9/21
Closing docs received: 11/12/21
Closing docs returned: 11/22/21
Seller's closing docs returned: 1/3/22
Funds wired: 11/23/21
Closing: 1/3/22
Deed recorded: 1/10/22
Contract Showing on Membership (existing member): 1/20/22
Points in account: 1/26/22 (called MS)
International Seller
Note: Our contract below closed and received our membership number before this contract closed, so we added the membership number to the closing documents.

Days Total: 104 days

Home Resort: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magical Vacation Title
Offer made: 10/26/21
Offer accepted: 10/26/21
Sent to ROFR: 10/28/21
Passed ROFR: 11/16/21
Estoppel received: 11/16/21
Closing docs received: 11/19/21
Closing docs returned: 11/22/21
Seller's closing docs returned: Unknown
Funds wired: 11/23/21
Closing: 12/17/21
Deed recorded: 12/22/21
Contract Showing on Membership (new member): 1/4/22
Points in account: 1/5/22 (chatted with MS)
International Seller

Days Total: 69 days

 

[DonMacGregor]

Update:

Home Resort: Boulder Ridge
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 12/27/21
Offer accepted:12/27/21
Sent to ROFR:12/30/21
Passed ROFR: 1/14/22
Estoppel Issued: 1/14/22
Closing docs received: 1/17/22
Closing docs returned buyer: 1/19/22
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

Days Total:
Offer made to ROFR passing: 18 (including holidays)
ROFR passing to closing:
Closing to points in account:

Still waiting for seller to return closing docs. On day 10 now, and apparently radio silence from the seller (selling agent and title agent have been unable to contact). Beginning to get a bit irritated, as I am the one with skin in the game (deposit, etc.). Not even an "I'm having trouble finding a notary".

 

[BrianLo]

I’m also wondering how long it’ll take us to get set up as we’re new members. Hmmm…

Exact same combo of broker and title agent as you (also agreed they were great), a couple weeks ahead. Contract closed on the 11th and I received my new membership details on the 24th via email, with no heckling on my part.

It seems we are both on a sub-50 day timeframe. 44 days for my offer to logging into DVC for the first time (+mine included the full holidays).

 

[Divaofdisney]

UPDATE: 1/26/22

Home Resort: Riviera Resort
Broker: DVC Resale Market
Title Company: Magic Title Company
Offer made: 1/6/22
Offer accepted: 1/6/22
Sent to ROFR: 1/11/22
Passed ROFR: 1/26/22
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account: