Closing Time!

[Cybertruck]

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

Very tough to resist, but I did

I wish I had your will power. That is a deal!

 

[Joroc0801]

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

Very tough to resist, but I did

My intrusive thoughts hope it gets ROFRed so my deal doesn't look bad in comparison. Anyone else?

The 50pt CCV contract posted today is also very tempting.

 

[VGCgroupie]

My intrusive thoughts hope it gets ROFRed so my deal doesn't look bad in comparison. Anyone else?

The 50pt CCV contract posted today is also very tempting.

as an owner yes. haha But as a buyer Id love that deal

 

[tx911]

as an owner yes. haha But as a buyer Id love that deal

I would too. But OTOH I think we can get really hung up on saving a few thousand dollars on the initial purchase, and not thinking about the 44 years of dues that come after. I really, really do not need those points!

 

[VGCgroupie]

I would too. But OTOH I think we can get really hung up on saving a few thousand dollars on the initial purchase, and not thinking about the 44 years of dues that come after. I really, really do not need those points!

But thats what makes CCV attractive even to those who don't really want it for a home resort booking option. Long contract length, unrestricted resort with reasonable dues. But for those years you dont need the points I bet they rent nicely at xmas time.

 

[Cybertruck]

Sadly they already accept an another offer. I am trying similar terms for other listings from this company but I am not hopeful. ROFR is a concern but we are not in a rush.

 

[Cybertruck]

But thats what makes CCV attractive even to those who don't really want it for a home resort booking option. Long contract length, unrestricted resort with reasonable dues. But for those years you dont need the points I bet they rent nicely at xmas time.

I am not looking to rent. But Christmas is the reason.

 

[tx911]

But thats what makes CCV attractive even to those who don't really want it for a home resort booking option. Long contract length, unrestricted resort with reasonable dues. But for those years you dont need the points I bet they rent nicely at xmas time.

No doubt! But I don't really want the hassle of renting. I just have to remind myself about dues whenever I get tempted by contracts like this one!

 

[VGCgroupie]

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!

49 days is awesome!! Congrats!

 

[TinkAgainU]

49 days is awesome!! Congrats!

Congrats!! Although we all remember when they could be much faster and no ROFR stress, lol. I tried to calculate how many times I looked online during my last resale escrow and figure at only 5 cents per view, resale cost me $7,050.10 in time wasted I hope to do better in the future, but future-me does not seem likely to have any more Disney related self discipline than current-me.

 

[DigitalOlli]

Home Resort: Hilton Head
Broker: https://www.dvcresalemarket.com/
Title Company: Mason Title
Offer made: 08/05/24
Offer accepted: 08/05/24
Sent to ROFR: 08/06/24
Passed ROFR: 08/28/24
Closing docs received:9/03/24
Closing docs returned: buyer 9/03/24, seller
Closing:
Deed recorded:
Contract showing (existing member):
Points in account:
Days so far: 30 days

 

[ehh]

Update #1

Home Resort: AUL
Broker: https://www.*******.com
Title Company: Hayes Title (no website)
Offer made: 8/5
Offer accepted: 8/5
Sent to ROFR: 8/6
Passed ROFR: 8/30
Holiday weekend
Closing docs received: 9/4
Closing docs returned, buyer: 9/4
Closing docs returned, seller:
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

Days Total (so far): 31

 

[VGCgroupie]

Update #1

Home Resort: AUL
Broker: https://www.*******.com
Title Company: Hayes Title (no website)
Offer made: 8/5
Offer accepted: 8/5
Sent to ROFR: 8/6
Passed ROFR: 8/30
Holiday weekend
Closing docs received: 9/4
Closing docs returned, buyer: 9/4
Closing docs returned, seller:
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

Days Total (so far): 31

Let us know how you like Hayes. I’m using First American. They aren’t super speedy but at least Julie is super nice.

 

[Cybertruck]

If only I was not multi-tasking at work trying to close a DVC contract I would not hit enter too soon.

 

[Cybertruck]

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

Very tough to resist, but I did

As the DVC Addon-itis saga continues. In the last response to this thread I was too late for this deal . I decided to spin the DVC wheel of fortune Just when I thought all was lost. I had a seller accept my offer of $125 on CCV. Seller pays closing and 2024 maintenance. Points will be banked into 2025. Working with Cammy’s company for closing. I will post in the official thread once all the (t)s are crossed and (i)s are dotted. Of course now I need to navigate the ROFR monster

 

[atthebeachclub]

Home Resort: AKV
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.masontitle.com/
Offer made: 7/19/24
Offer accepted: 7/19/24
Sent to ROFR: 7/22/24
Passed ROFR: 8/20/24
Closing docs received: 8/21/24
Closing docs returned: 8/22/24 (buyer)
Closing: 9/3/24
Deed recorded: 9/4/24
Contract Showing on Membership (existing member):
Points in account:

Days Total:

Finally finished! How long are points taking to show up now? 2 to 3 weeks post recording or so?

 

[VGCgroupie]

Finally finished! How long are points taking to show up now? 2 to 3 weeks post recording or so?

July seems like forever ago. I think they are running about 3 weeks.

 

[Pluto777]

Does anyone know how long it should take AFTER title company & lawyer get all documents and payments from buyer and seller just to close? Is the closing some type of meeting or just a filing of papers?

 

[D-Trick]

Total duration from offer acceptance to points loading on my recent AUL-S contract was 78 days.

 

[VGCgroupie]

Does anyone know how long it should take AFTER title company & lawyer get all documents and payments from buyer and seller just to close? Is the closing some type of meeting or just a filing of papers?

For my 2 resales that have closed so far, once it took under 1 day, the other time it took 12 days. This really depends on your title company. In reality the process is pretty immediate if the title co gets to it immediately.