Come on Estoppel!!!!

[3pletprincesses]

I guess i graduated to this place. we passed ROFR on April 21. At least the first week is done LOL

 

[anmay27]

I'm in the same boat Starshine. I passed on 4/1 as well and my expected closing was 5/5 but I'm going on a business trip on 5/2 and will be unavailable for 4 days while I'm gone. I'm hoping to make it in time before the 7 months opens up for Christmas so I can book my home resort.

-- Angela

 

[Starshine]

Ugh Angela, at least I'm not waiting to book! Crossing my fingers that ours comes through soon.

 

[Lakegirl]

I just emailed our Closing company and she said she hopes to have something from Disney LATE NEXT WEEK and have something off to me the following week. So basically 3 more weeks which puts us at 5 1/2-6 weeks. She was very nice and replied right away. I guess I will just stop thinking about our next vacation. I don't understand why Disney doesn't get that it just means less money in the long run for them. The Sellers aren't going to be booking anything and the longer it takes for Buyers to close, the longer they are not booking anything. Ok sorry....end of rant....Thanks for listening.

 

[anmay27]

Ugh Angela, at least I'm not waiting to book! Crossing my fingers that ours comes through soon.

I just emailed our Closing company and she said she hopes to have something from Disney LATE NEXT WEEK and have something off to me the following week. So basically 3 more weeks which puts us at 5 1/2-6 weeks. She was very nice and replied right away. I guess I will just stop thinking about our next vacation. I don't understand why Disney doesn't get that it just means less money in the long run for them. The Sellers aren't going to be booking anything and the longer it takes for Buyers to close, the longer they are not booking anything. Ok sorry....end of rant....Thanks for listening.

Seriously no kidding Starshine. Had I thought it would take this long, I would have started the process a long time ago.

Sigh Lakegirl. Here's hoping they are getting caught up.

 

[3pletprincesses]

I'm right there with you anmay if I would have known I would have gotten something before. 6 weeks seems a bit long for such a no brainer. Disney truly wants everyone to buy direct by making it miserable for resale

 

[leshunlenese]

Passed ROFR march 20 and finally got our closing papaers today but I cannot do anything until I get off work at midnight!

 

[Lakegirl]

Passed ROFR march 20 and finally got our closing papaers today but I cannot do anything until I get off work at midnight!

So happy for you!!!!

 

[SecretPoohLove]

So everyone goes through estoppel?

 

[luvdisneyland]

No, the estoppel is issued after they waive their ROFR

 

[DisMom829]

So everyone goes through estoppel?

When you purchase resale, yes.

 

[anmay27]

I'm right there with you anmay if I would have known I would have gotten something before. 6 weeks seems a bit long for such a no brainer. Disney truly wants everyone to buy direct by making it miserable for resale

Isn't this agony, but at least we know that this is the only time we have to do this after our account is set up..... well until we get hit with addonitist lol (Trying to stay positive)

 

[supersnoop]

So everyone goes through estoppel?

The estoppel is a piece of paper sent from DVC detailing the current state of the contract, listing any details necessary for the title company to draw up the deed and make sure everyone gets paid.

 

[SecretPoohLove]

The estoppel is a piece of paper sent from DVC detailing the current state of the contract, listing any details necessary for the title company to draw up the deed and make sure everyone gets paid.

Thanks for the clarification...just passed ROFR today, so I am in for the next waiting game!

 

[Toniann966]

The estoppel is a piece of paper sent from DVC detailing the current state of the contract, listing any details necessary for the title company to draw up the deed and make sure everyone gets paid.

So it's really up to the title company how quickly this goes through?

 

[supersnoop]

So it's really up to the title company how quickly this goes through?

Technically, a title company could draw up the deed and closing documents without the estoppel, but most (if not all) will wait for Disney to send it. Disney has been known to take 1-3 weeks to send it out. Your title company should be able to send out closing documents within a day after receiving the estoppel. Then, it's up to you and the seller to get your documents returned and close.

 

[hopeful4fl]

Finally got the Estoppel

ROFR - 3/24
Estoppel - 4/28

Wow. That was a LONG wait. Now, onto closing.

 

[goofy farmer]

Finally got the Estoppel

ROFR - 3/24
Estoppel - 4/28

Wow. That was a LONG wait. Now, onto closing.

The wait can be a killer. Now on to the next wait.

 

[chicagoshannon]

We also got our closing documents today! Passed ROFR 3/24.

 

[hopeful4fl]

We also got our closing documents today! Passed ROFR 3/24.

Woo Hoo..... Congratulations