Disney not transferring ownerships until Dec 16?

[rchristiansen]

Mason Title received our final payment on Dec 2. I never heard anything and wrote Mason Title. I got this response and I'm confused by it. What is DVC doing?

"We are all set for closing and will finalize this transaction once Disney allows ownership transfers to resume on December 16. "

 

[rebel2k]

News to me!

 

[Bing Showei]

The day after dues (and potential credit/charges for tax over/underestimation) hit accounts.

Interesting.

 

[MICKIMINI]

Yes, it is correct. Note from my broker:

"Disney is not accepting any closing payments and will not complete any transfers of ownership until 12-16. They are basically shut down for a week while they handle the dues billing. They have never done this before- I think it’s because they are still working with limited staff and have them ‘multi-tasking’! "

 

[E2ME2]

WHEW!
I got in just under the wire!
My points actually transferred on 12/11, 93 days from the date of my offer.
The Deed was originally recorded on 11/12, but on 11/30 I got an email from Member Admin.(MA) that there was an error in the recording.
I immediately contacted the Title Company, and they confirmed the error and expedited the correction, but that moved the final deed recording date to 11/30. 0n 12/4 I received another email from MA with the standard -"14 Business Days" to transfer points. I emailed MA on 12/4 and asked if they could possibly expedite the transfer, considering the delay that had already occurred and,as a delightful surprise, when I checked my account on 12/11 the points had been loaded. AND, MA had sent another email telling me they were loading the points!

My experiences with DVC CastMembers-MS & MA, continues to always impress me.
I have been a DVC member since 2010 and in that entire time have had only 1 mediocre experience with a CM, and 1 BAD experience.
I took the time to register a complaint about the bad experience, but that truly has been the exception to the rule.
Even the few times I've called this year, in the midst of this craziness, I have had excellent customer service, and I can't say that about any other organization that is as large as Disney.

 

[Henwen88]

It would have been nice to get a little heads up, no? Then you could have at least kept your money in your account (hopefully earning you interest) and not in the Title Company's escrow acct. Sorry

 

[rchristiansen]

Wow. I had no idea they were doing this. Yes. It would have been nice to know.

 

[Raemama]

Wow. I had no idea they were doing this. Yes. It would have been nice to know.

We had the same thing happen, and I had to dig to find out why. It’s worrisome because, yeah, they’ve got a large sum of my money! I’m still nervous, but hopefully everything will start back up on Wednesday.

 

[rchristiansen]

Alrighty! I found out that the seller didn't return their paperwork until about a week after our payment. So that goofed up the date. But yes, the broker confirmed DVC isn't doing ownership transfers until Dec 16th.