Come on Estoppel!!!!

[specrn]

We had to wait weeks and were told the hold up was due to the estoppel. It was absurd how long the process has taken. This is our first DVC contract. Now we're being told that it can take up to 21 days to even be entered into the DVC system as members. #nopatience

 

[heynowirv]

Spoke to my agent yesterday, I won't receive my closing docs until july since I won't be able to close until then.A little miscommunication on their part since they originally said 2 weeks following the passing of ROFR.Apparently a generic email was originally sent.

 

[rev02a]

We passed ROFR on 3/3.... and the closing docs arrived in email on 4/1. We overnighted the contact to the title company (with our money) to arrive on Thursday... and they're closed for the holiday. I don't think I would be irritated if the contact didn't specify our closing date as 4/4. Couldn't they just have pushed the date back until Monday if they knew they would be closed?

 

[Lakegirl]

Passed ROFR ON 4/6 VWL 210 POINTS....SO EXCITED.

 

[madhavok]

I finally closed last week. Now waiting for my membership, will start calling sometime next week. Yay!

 

[SecretPoohLove]

If you already own DVC and are purchasing resale is it quicker after closing for the points to be put in your account?

 

[DisneyfromDeland]

I just purchased resale for my add-on. I purchased same UY and it was titled the same. It still took 13 days after recording for the contract to be added and the points loaded.

 

[bellablue2]

this is a huge mess, i'm caught in it, but i refuse to sign documents that push the expected settlement date two weeks beyond the expiration date of the purchase contract. this would, in effect, make my closing open-ended

 

[supersnoop]

If you already own DVC and are purchasing resale is it quicker after closing for the points to be put in your account?

Maybe by one or two days.

 

[~MandR~]

this is a huge mess, i'm caught in it, but i refuse to sign documents that push the expected settlement date two weeks beyond the expiration date of the purchase contract. this would, in effect, make my closing open-ended

If you opt to back out that begins the lengthly process all over again.

 

[lishie]

We passed ROFR on 3/12. Got our closing docs today. We made it through estoppel. I went to the bank as my lunch hour, and I have my cashier's check. Finally closing on our Boardwalk purchase!! I'm so excited.

 

[ghenghy]

We passed ROFR on 3/9 and got our closing docs yesterday (4/7). Here's to hoping we can get this all done by the end of this month, as that's our banking deadline for the included 2014 points!

 

[coolbluewater]

They must really be on a schedule - we also passed 3/9 or so and got documents yesterday. Documents sent today. It's taken so long, I've stopped being excited!

 

[hopeful4fl]

Hi coolbluewater.
Think about the savings you have had. It has been VERY painful to wait this long (same boat as you), but now that the end is in sight, I am excited about how much I saved and how soon (even if it is a month away) I will be able to make my first DVC reservation.

 

[Hogzilla]

Hi coolbluewater.
Think about the savings you have had. It has been VERY painful to wait this long (same boat as you), but now that the end is in sight, I am excited about how much I saved and how soon (even if it is a month away) I will be able to make my first DVC reservation.

Good point ... hard to wait, but the light at the end of the tunnel is a very nice light indeed!

 

[graychef]

We passed ROFR on 3/9 and got our closing docs yesterday (4/7). Here's to hoping we can get this all done by the end of this month, as that's our banking deadline for the included 2014 points!

MS should allow you to bank after the deadline. There have been cases where DVC purchases took a while, going beyond the banking deadline, and member services allowed a bank. You should be ok.

 

[rcbarker]

passed ROFR 3/12, docs today 4/10

 

[heynowirv]

We passed ROFR on 3/9 and got our closing docs yesterday (4/7). Here's to hoping we can get this all done by the end of this month, as that's our banking deadline for the included 2014 points!

Tell the broker to get the sellers to bank the points now.Then no worries.

 

[MouseyMin]

Tell the broker to get the sellers to bank the points now.Then no worries.

I'm not so sure that is a good idea. If the contract has already gone through Estoppel with the points not banked, it might have to start the whole process again if the status of the points has changed.

 

[coolbluewater]

Good point ... hard to wait, but the light at the end of the tunnel is a very nice light indeed!

Thanks, all - I'm sure once I get to book something, I'll be excited again!