Come on Estoppel!!!!

[LonghornBelle]

I would seriously bring this up with the broker. Does this change the point amounts that you bought in any way? Plus your contract should have a closing date on it, does this put you past it? I would be raising heck in your position to be honest.

I did. She assured me that it wouldn't delay estoppel and it wouldn't affecr closing. Also told me that the seller was only using the points that would be expiring at the end of this month (contract I bought has an August UY). Closing date should be August 3, which is the 75 day mark. Sighhh it's been 26 days since I've passed ROFR and I have yet to hear back from my title company. I emailed them early this morning, and no response.

 

[pangyal]

I did. She assured me that it wouldn't delay estoppel and it wouldn't affecr closing. Also told me that the seller was only using the points that would be expiring at the end of this month (contract I bought has an August UY). Closing date should be August 3, which is the 75 day mark. Sighhh it's been 26 days since I've passed ROFR and I have yet to hear back from my title company. I emailed them early this morning, and no response.

Were those points listed on your contract though?

I passed ROFR 36 days ago on a contract and no sign of estoppel, so you probably wouldn't have been able to use the July points anyway. I just wonder if Disney would find an issue with it when they prepare estoppel since the points are different from the contract. However, your broker would surely know better than I would, as I'm just musing ...

 

[LonghornBelle]

Were those points listed on your contract though?

I passed ROFR 36 days ago on a contract and no sign of estoppel, so you probably wouldn't have been able to use the July points anyway. I just wonder if Disney would find an issue with it when they prepare estoppel since the points are different from the contract. However, your broker would surely know better than I would, as I'm just musing ...

Yup. They were listed on the contract. I signed the contract and the seller signed the contract knowing that there will be Points expiring this July and knowing I won't be able to use them. I feared the same thing. And I don't trust my broker anymore. This whole issue is just so unprofessional!

Wow. 36 days?!? I thought it didn't take longer than 30 day!

 

[wallygirl]

Just passed ROFR w/ a BCV 100 pt. add-on (different UY). Offer made 6/19, passed 7/13. Now to estoppel.

First contract (100 pts SSR) timeline was...
Offer 3/26
Sent for ROFR 3/29
Passed ROFR 4/24
Passed Estoppel 5/20
Closed 5/28
Recorded OCC 6/1
Paperwork to Disney 6/4
Member number 6/22
Member letter (dated 6/20)6/29
Activation code email 7/4
Member packet 7/6

 

[pangyal]

Yup. They were listed on the contract. I signed the contract and the seller signed the contract knowing that there will be Points expiring this July and knowing I won't be able to use them. I feared the same thing. And I don't trust my broker anymore. This whole issue is just so unprofessional!

Wow. 36 days?!? I thought it didn't take longer than 30 day!

It's gotten ridiculous for estoppel. They have apparently been processing up to June 2 for the past two weeks.

May I ask which broker you are using? That does sound like it might cause an issue. And I'm really sorry you're going through this, it does sound very unprofessional!

 

[Ck57524]

I spoke to my broker yesterday, and tgey said estoppel is about ten days behind the three week quote, so hopefully next week I will see closing documents.

 

[vitfamily]

After reading all these posts I'm not real optimistic. I just passed ROFR yesterday and my 7mo mark is 8/25. Do you guys think I will be able book at least 2 nights in a 1 bedroom around Easter?

 

[pangyal]

After reading all these posts I'm not real optimistic. I just passed ROFR yesterday and my 7mo mark is 8/25. Do you guys think I will be able book at least 2 nights in a 1 bedroom around Easter?

I think you'll at least get SSR, which by all accounts is a lovely resort !

 

[pangyal]

Well, 36 days later, we have estoppel and closing docs for a contract that passed June 8...

 

[sgrap]

Well, 36 days later, we have estoppel and closing docs for a contract that passed June 8...

Hurray!!! Congratulations! A long wait, but you are so close to the end!

 

[georged1979]

Passed ROFR on June 15th and just received my closing documents today. Now to send them my check/ paperwork and get this deal closed.

 

[sgrap]

Passed ROFR on June 15th and just received my closing documents today. Now to send them my check/ paperwork and get this deal closed.

Woo-hoo, congratulations! !

 

[georged1979]

Woo-hoo, congratulations! !

Thank you very much. These last 2 and a half months seemed so long.

 

[pangyal]

Well, 36 days later, we have estoppel and closing docs for a contract that passed June 8...

Never mind, they spelled my husband's last name wrong, back to the drawing board...

 

[sgrap]

Never mind, they spelled my husband's last name wrong, back to the drawing board...

UGGGGGGG!!!!! So sorry . . . how on earth does that happen ??

 

[georged1979]

Never mind, they spelled my husband's last name wrong, back to the drawing board...

That is crappy. Hope they send a revised copy first thing tomorrow morning.

 

[pangyal]

Thank you very much. These last 2 and a half months seemed so long.

You are in the home stretch !

 

[georged1979]

You are in the home stretch !

I know right and tomorrow you'll be right there with me.

 

[BrittanyLynn]

Never mind, they spelled my husband's last name wrong, back to the drawing board...

If it makes you feel better...my closing docs were recalled the day after I received them. I was literally on my way to USPS when they called and said, "oh we made an error in your settlement statement. Please don't send. Wait for us to revise. And we need you to get another cashiers check for the difference" Then...2 weeks later...."we can't find the sellers docs, they are lost...we need to request them again." Luckily, the seller got everything done again and sent it overnight. Now that they have everything. They said it would be about 8 days before they will get the deed recorded. AAaahhhhh....I'm trying to book a Sept. VACAY people!!!!

 

[mommy123]

Passed ROFR 6/13, closing docs received 7/14, onto the next...