Come on Estoppel!!!!

[mrmattymouse]

This one is going at the speed of light:

Sent for ROFR 11/7
Passed 11/9
Closing docs received 11/14

Ours was submitted for ROFR on 11/7 as well and still no decision. I'm not very good with patience.

 

[mrmattymouse]

Ours was submitted for ROFR on 11/7 as well and still no decision. I'm not very good with patience.

Update: WAIVED 11/16!!

 

[andigomeep]

We're moving now!
Sent for ROFR 11/7
Passed 11/9
Closing documents received 11/16
Will be sent back tomorrow. One step closer to booking some trips!

 

[mrmattymouse]

I just got an email from our agent saying that we should expect closing documents on December 20. That seems reallllly slow since we just passed ROFR today. Thoughts??

 

[DisneyKLN]

I just got an email from our agent saying that we should expect closing documents on December 20. That seems reallllly slow since we just passed ROFR today. Thoughts??

It sounds like your agent is just trying to lower your expectations. It appears that the process has been very fast the last 4 or 5 weeks. Wishing you good luck.

 

[mrmattymouse]

It sounds like your agent is just trying to lower your expectations. It appears that the process has been very fast the last 4 or 5 weeks. Wishing you good luck.

That's what I thought might be the case. Then it will feel like a bit of extra magic when it goes faster.

 

[andigomeep]

Both our documents and sellers were received today. Our title company requests updated points and dues from Disney before recording deed - any idea how long that might take? Once it's done, how long until the deed is typically recorded?

 

[mrmattymouse]

It sounds like your agent is just trying to lower your expectations. It appears that the process has been very fast the last 4 or 5 weeks. Wishing you good luck.

We received closing documents today!! I guess this means they already got the estoppel? We are overnighting the documents and final payment first thing tomorrow. We were actually at Disneyland celebrating Mickey's birthday when we got the email today.

 

[wdw4rfam]

We received closing documents today!! I guess this means they already got the estoppel? We are overnighting the documents and final payment first thing tomorrow. We were actually at Disneyland celebrating Mickey's birthday when we got the email today.

Who are you using? Hope mine goes that fast. Just sent for ROFR Wednesday. I'm not a patient person at all. This is killing me.

 

[mrmattymouse]

Who are you using? Hope mine goes that fast. Just sent for ROFR Wednesday. I'm not a patient person at all. This is killing me.

First American Title is handling the closing. They sent us the documents two days after we heard back on ROFR. The listing agent/broker is The Timeshare Store who told us to expect closing docs on December 20, so this was a very pleasant surprise. I am not patient at all either—especially since we are trying to book for mid-August. I want to book our home resort before the 7-month window opens for everyone else. Heading to the bank right now to get the funds!

 

[DisneyKLN]

We received closing documents today!! I guess this means they already got the estoppel? We are overnighting the documents and final payment first thing tomorrow. We were actually at Disneyland celebrating Mickey's birthday when we got the email today.

Congratulations!

 

[wdw4rfam]

First American Title is handling the closing. They sent us the documents two days after we heard back on ROFR. The listing agent/broker is The Timeshare Store who told us to expect closing docs on December 20, so this was a very pleasant surprise. I am not patient at all either—especially since we are trying to book for mid-August. I want to book our home resort before the 7-month window opens for everyone else. Heading to the bank right now to get the funds!

Good, we are using fidelity, but they also use first American title. I think I'll be fine once I know it passes ROFR. I already rented points for our march trip, so I think we should close in time to book our September trip.

 

[Halle]

First American Title is handling the closing. They sent us the documents two days after we heard back on ROFR. The listing agent/broker is The Timeshare Store who told us to expect closing docs on December 20, so this was a very pleasant surprise. I am not patient at all either—especially since we are trying to book for mid-August. I want to book our home resort before the 7-month window opens for everyone else. Heading to the bank right now to get the funds!

Perhaps they meant 11/20.

 

[mrmattymouse]

Perhaps they meant 11/20.

11/20 was a Sunday, so I wouldn't have thought that. We ended up getting them 11/18. Closed 11/29

 

[Dtw002]

Passed ROFR on 12/2 but broker said it will be 4 weeks until paperwork is to me. Seems like a lot longer than everyone else here

 

[marisabuzz]

Passed ROFR on 12/2 but broker said it will be 4 weeks until paperwork is to me. Seems like a lot longer than everyone else here

When we did this last year, we got paperwork a week after passing ROFR. This time around, we are at 2+ weeks. It stinks it can't go faster but ¯\_(ツ)_/¯.

 

[CMNJ]

Passed ROFR on 12/2 but broker said it will be 4 weeks until paperwork is to me. Seems like a lot longer than everyone else here

When we did this last year, we got paperwork a week after passing ROFR. This time around, we are at 2+ weeks. It stinks it can't go faster but ¯\_(ツ)_/¯.

Based on what I've seen/heard the past two years is that estoppel typically is slow at the very end of the year because DVC is busy dealing with member dues which are prepared and mailed out at the end of the calendar year. We were in the process of buying at the end of 2014 beginning of 2015 and at the time estoppel time increased so the title companies were unable to send out closing documents as quickly as they had to wait for DVC to provide the necessary documentation.

 

[marisabuzz]

Based on what I've seen/heard the past two years is that estoppel typically is slow at the very end of the year because DVC is busy dealing with member dues which are prepared and mailed out at the end of the calendar year. We were in the process of buying at the end of 2014 beginning of 2015 and at the time estoppel time increased so the title companies were unable to send out closing documents as quickly as they had to wait for DVC to provide the necessary documentation.

We bought the same time this year as we did last year. So in our experience, I don't believe this to be a factor.

 

[brookmey]

After getting ROFR'd by Disney twice, we passed on our third try and are now in estoppel. We found out the day before Thanksgiving and haven't heard anything yet. Our broker said we would probably close mid to late January. She told us that in her experience Disney is slower at the end of the year than at other times.

 

[passthepixiedust]

Passed ROFR on 12/02, received closing docs yesterday (12/12)!