I bought before Covid and got a similar estimated timeline. This is just the broker trying to not get your hopes up, with conservative timeframes. No big deal.
Bingo. The broker has no legal standing, or contractual privity with regard to the disposition of the recorded deed.
But not BRV....
My title company did say to expect Disney to take 3-4 weeks after being notified (they sent the notification the day after closing) to get the account setup and another 14 days for the points to be loaded. It happened a lot faster than the title company expected and I specifically called and asked about loading the points as we were hoping to set an October reservation.
This October?
Might take a miracle for that.
Right?
Yeah. We managed 4 days in GFV and a day at AKL. On waiting list for one more at AKL.
Yeah, I was expecting 2 nights here and there. There was still a few options of 3 nights plus SS had 5 nights.
Yep, sorry, I thought I was responding to a similar post on the ROFR thread, my point being we really don’t know for sure, where the delays happen. I don’t think there is anything nefarious about it. I do think some brokers/title Companies are more efficient than others, which leads to some needing to estimate longer timelines.
What kind of solution is he proposing?
Well that is a good question. I told him how this is interfering with a planned trip, how the non disclosure would have changed how I bid on the contract, and how all of this wasn’t in the sales agreement or the purchase documents. So I feel he is taking this more seriously than the original broker. So i am hoping to hear some good news tomorrow. But I guess I cannot hold my breath either. He wanted to do some more research to see what Disney and or the Broker company can do to try to make it right.
Few things. 1) Definitely report the broker and brokerage to FREC for breach of duty; 2) file suit immediately, would independently sue the seller for specific performance, and also sue brokerage and possibly even DVC for any realized damages and ask for major punitive damages for fraudulent listing/transaction. 3) contact state FL AG to report this conspiracy of all involved...they may be more victims then you realize and real estate fraud is easy to prove. Also - if you wired the money, a federal wire fraud charge is possible and very easy to prove...if you used the federal USPS postal system to mail a check, mail fraud is a possibility. YOU have the power here, not some used DVC contract saleman. They perpetuated a major fraud against you, which cannot stand. Don't not let them try to manipulate you into submission for their own financial gain.
On what basis? The seller performed and the contract closed, didn't it?
But you didn't tell him how to make it right. What's an acceptable solution for you? You need to tell him what you want. I think you want the transfer to go through immediately, so he needs to remove any obstacle. Perhaps if he secures the reservation you want, that would be acceptable, but I don't think that's really going to work out for you. Set expectations, or his solution is going to be what is easy and will likely leave you unsatisfied.
I wish you luck and hope your nightmare ends soon. When this all done I hope you really consider contacting Florida’s real estate regulators and filing a complaint. Help protect those coming after you.
