Come on Estoppel!!!!

[gharter]

Passed ROFR 3/17. Waiting....

Wow. It should have been recorded by now. Did you check http://or.occompt.com/recorder/eagleweb/docSearch.jsp to see if the deed was recorded? I put my name in the either party or grantee space.

 

[Classicmicknmin]

Wow. It should have been recorded by now. Did you check http://or.occompt.com/recorder/eagleweb/docSearch.jsp to see if the deed was recorded? I put my name in the either party or grantee space.

Recorded? We havent gotten word about estoppel yet? Sorry, Im a little confused. Im sure its me though. How could it be recorded if we didnt go to closing yet and pay?

 

[gharter]

my mistake, misread your post. Most seem to get through Estoppel in about 2 weeks to a month. Hopefully not much longer.

 

[Classicmicknmin]

my mistake, misread your post. Most seem to get through Estoppel in about 2 weeks to a month. Hopefully not much longer.

Ohhh okay!!! Thats okay. Yes, hopefully not much longer. Just contacted our broker and title company to see if there is any update. I dont know if anyone would admit that "yes- Ive had word for days but forgot to tell you" but maybe if it was the case, they would atleast say, Hey it just coincidentally came through. Wishful thinking! Thanks for giving me that link though- I will use it once I close for sure!

 

[knobster]

I went through two purchases last year, two different brokers and two different title companies. I still don't know to this day the "date" of Estoppel for either contract. The first contract was during the time when Disney was the bottleneck with ROFR (every response took at least 30 days). For the second contract, Disney was returning the ROFR in 7-10 days many times, and the bottleneck then became the title companies. For the second contract, the broker gave me a date for Estoppel, then the title company gave me another 2 weeks later. I got a story about "final Estoppel".

In reality, although I was disappointed that I couldn't contribute a date for this forum, it really didn't matter when Estoppel occurred. After ROFR (where Disney finds a lot of discrepencies anyway, according to what I read on these forums), the only important date after that is the closing date. Somehow, except for few isolated cases, moving an intermediate date sooner doesn't seem to help much with the end date.

 

[gluestickgirl]

about time... last week was a LONG week between the drama and the waiting.

2/5 offer accepted
2/9 sent for ROFR
3/7 passed ROFR
4/11 rec'd closing docs

 

[disneylovinfamilyof6]

2 weeks today since we passed ROFR and started waiting for estoppel. How long on average does estoppel take? 2-4 wks? Any chance we will close and have a member number by the end of May?

 

[gharter]

2 weeks today since we passed ROFR and started waiting for estoppel. How long on average does estoppel take? 2-4 wks? Any chance we will close and have a member number by the end of May?

That would seem very likely. Our experience, we passed ROFR 2/3 and received closing docs on 2/15. Closed on 2/27, recorded 3/7. Called and got our number about 3/22.

 

[gluestickgirl]

2 weeks today since we passed ROFR and started waiting for estoppel. How long on average does estoppel take? 2-4 wks? Any chance we will close and have a member number by the end of May?

We were told 20-30 days. It took more than that - 35 days.

 

[disneylovinfamilyof6]

We were told 20-30 days. It took more than that - 35 days.

For estoppel? Or closing/recording/getting member #?

 

[disneylovinfamilyof6]

That would seem very likely. Our experience, we passed ROFR 2/3 and received closing docs on 2/15. Closed on 2/27, recorded 3/7. Called and got our number about 3/22.

I like that timeline! I hope we follow suit!

 

[gluestickgirl]

For estoppel? Or closing/recording/getting member #?

to get our closing documents. we never got an official "we have estoppel" email - we just got the closing documents on monday.

 

[mynameisnobody]

to get our closing documents. we never got an official "we have estoppel" email - we just got the closing documents on monday.

This is pretty much what the title company told me. As soon as they receive estoppel they'll email the closing documents. No explicit notification that they actually received the estoppel document.

 

[knobster]

This is pretty much what the title company told me. As soon as they receive estoppel they'll email the closing documents. No explicit notification that they actually received the estoppel document.

Yes we have a 64 page forum dedicated to it.

I have no idea when Estoppel was received on the two contracts we closed on last year.

 

[hjvigz72]

Joining the "new wait list"
Just Passed ROFR on 4/11. (contract was sent on 3/16)
Projected closing date per email from our broker is 5/10 or sooner.

CYBERSTALKING MY OWN EMAIL, AND THE NEW WAIT BEGINS>>>>>>

 

[YoSteph]

This is pretty much what the title company told me. As soon as they receive estoppel they'll email the closing documents. No explicit notification that they actually received the estoppel document.

No 'official' notification from my broker either. My updated timeline: Sent 2/22 Passed ROFR 3/18 Closing Documents 4/13. About 3 1/2 week wait for Estoppel.

 

[disneylovinfamilyof6]

Update:
Contract signed by both parties and submitted for ROFR: 3/4
Passed ROFR: 3/29
Closing Docs received: 4/13 (signed and overnighted back the same day)
Wire for balance sent: 4/14

 

[Blended Disney]

Offer sent and accepted 2/27
Sent to ROFR 3/1
Passed ROFR 3/28
Received Closing Docs 4/13
Returned Closing Docs and Funds 4/14

Getting closer...DW and I started mapping out the plans for the upcoming year

 

[disneylovinfamilyof6]

Offer sent and accepted 2/27
Sent to ROFR 3/1
Passed ROFR 3/28
Received Closing Docs 4/13
Returned Closing Docs and Funds 4/14

Getting closer...DW and I started mapping out the plans for the upcoming year

You're on almost the same timeline as we are! Congrats and welcome home!

 

[r5moores]

Just passed ROFR today......let the second round of the waiting game begin.....

Offer sent and accepted 3/18
Sent to ROFR 3/24
Passed ROFR 4/21