**ROFR Thread 2015 January-June** Please read 1st post for instructions

[hopeful4fl]

So, here is some information the broker shared with me on next steps:
1> Since my seller is international, an extra week is generally assumed due to the need to get the sellers docs notarized at a US Embassy.
2> Title firm, in the interim, will do a title search and Estoppel. This takes about 2 weeks.
3> Document mailing, signing, mailing back, etc another week.
4> Once all is done, papers sent to Disney and we "should" get membership card and points in 3 weeks.

Example (and expected) timeline for I:
Sent for ROFR - 2/7
Passed ROFR - 3/5
Expected Closing - 4/9 (Sellers docs + title search + Estoppel + Buyers signing and mailing....)
Expected DVC Membership Enablement - 5/1.

Hope this helps our waiting Disney friends. I have my fingers crossed for you. BEST OF LUCK.

 

[Shadedaces]

$84-$9,086-100-AKV-Aug-100/'15, 100/'16, 100/'17-sent 3/2, waiting

 

[sgrap]

$84-$9,086-100-AKV-Aug-100/'15, 100/'16, 100/'17-sent 3/2, waiting

Yay, good luck!

 

[Dalmationfan]

$45-$10,800-240-VB-Feb-0/'15, 240/'16 sent 2/26
$75-$15,000-200-SSR-Feb-0/'15, 200/'16-sent 3/7
Fingers crossed on both and anxiously awaiting this decision and star wars weekends.....

 

[Toniann966]

SSR. $73.5. / 14,700 / 200/ Dec UY /0 '14, 200 '15/ sent March 7.
I was anxious and nervous BEFORE it was sent. It's gonna be a loong month.
Timing of it makes me nervous. The end of the 30 days will be spring/ Easter break. More people at disney buying direct!

 

[LSchrow]

The 3rd time is a charm:

zippy256---$68-$11,526-150-OKW-Sep-0/'14, 150/'15, 150/'16 Sent 2/6/15 Passed 3/6/15

$4 per point more than the almost identical deal (only difference was Aug UY) to our first offer back in November. Buyer pays closing and 2015 dues. Closing end of May due to seller reservation.

I guess Disney can't take everything. Good luck to everyone waiting. Your DVC dream will come through even if it takes a little while.

glad to hear your perseverance paid off!

 

[hw588]

SSR. $73.5. / 14,700 / 200/ Dec UY /0 '14, 200 '15/ sent March 7.
I was anxious and nervous BEFORE it was sent. It's gonna be a loong month.
Timing of it makes me nervous. The end of the 30 days will be spring/ Easter break. More people at disney buying direct!

Good luck... Not gonna lie the wait is awful... We submitted ours on 2/12 and still waiting to see if it has passed or not.... I am going bonkers waiting...

 

[Shadedaces]

Yay, good luck!

Thanks! Now just have to try and distract myself for a month while I wait in anticipation.

 

[bellapecas]

So, here is some information the broker shared with me on next steps:
1> Since my seller is international, an extra week is generally assumed due to the need to get the sellers docs notarized at a US Embassy.
2> Title firm, in the interim, will do a title search and Estoppel. This takes about 2 weeks.
3> Document mailing, signing, mailing back, etc another week.
4> Once all is done, papers sent to Disney and we "should" get membership card and points in 3 weeks.

Example (and expected) timeline for I:
Sent for ROFR - 2/7
Passed ROFR - 3/5
Expected Closing - 4/9 (Sellers docs + title search + Estoppel + Buyers signing and mailing....)
Expected DVC Membership Enablement - 5/1.

Based on experience with international sellers, I think you need to add a few weeks to the expected closing date. Estoppel alone has been taking 3-4 weeks lately. Then you will need to add 1-2 weeks for the sellers to return their documents and hope that they've dotted all their I's and crossed their T's. If not, it'll be even longer.

 

[ytsyts]

Hi,

I am not a US citizen, and I just want to comment on my purchase experience. I was fully expecting to visit the US embassy to notorize documents when I bought my DVC points (BWV) after researching on the forums. But, nothing of that sort was required. PDF files were sufficient for them to move ahead to process, maybe I had to post the originals of the signed documents, as a follow-up, I can't remember. I don't think it added to the timeline much.

Anyway, the only delay I faced was the time zone difference, and that when I wired money to the agent, they couldn't trace it in their account so I had to cancel the wire and redo it.

I am just wondering if notary is compulsory when selling DVC points then.

 

[pangyal]

Hi,

I am not a US citizen, and I just want to comment on my purchase experience. I was fully expecting to visit the US embassy to notorize documents when I bought my DVC points (BWV) after researching on the forums. But, nothing of that sort was required. PDF files were sufficient for them to move ahead to process, maybe I had to post the originals of the signed documents, as a follow-up, I can't remember. I don't think it added to the timeline much.

Anyway, the only delay I faced was the time zone difference, and that when I wired money to the agent, they couldn't trace it in their account so I had to cancel the wire and redo it.

I am just wondering if notary is compulsory when selling DVC points then.

Yes, it's the seller that has to visit the notary and get everything notarized- not the buyer . I've only ever heard of one buyer who had to jump through extra hoops, and to this day I'm not sure why that happened! We are in Canada and our seller was in the UK...they definitely had to do all of the work

 

[bellapecas]

Hi,

I am not a US citizen, and I just want to comment on my purchase experience. I was fully expecting to visit the US embassy to notorize documents when I bought my DVC points (BWV) after researching on the forums. But, nothing of that sort was required. PDF files were sufficient for them to move ahead to process, maybe I had to post the originals of the signed documents, as a follow-up, I can't remember. I don't think it added to the timeline much.

Anyway, the only delay I faced was the time zone difference, and that when I wired money to the agent, they couldn't trace it in their account so I had to cancel the wire and redo it.

I am just wondering if notary is compulsory when selling DVC points then.

Buying vs selling are different transactions. The buyer doesn't need to have anything notarized unless they're taking out a loan for the purchase. However, the seller must have their closing documents notarized, whether they live in the US or are international.

 

[montrealdisneylovers]

We recently decided to add our adult children to our deeds. To do this we needed our signatures witnessed and notarized. We are Canadian and I looked into going to the US embassy. Appointment times were very limited and it seemed quite expensive (approx $50 US per document if I remember correctly). Our transfer agent suggested I look for a public notary in the US. I discovered that many UPS stores will notarize documents for you. As we do not live too far from the border that is the road we chose. We had both deeds notatized and while we were there we had them mailed as well for about $25 US. Very simple and efficient. I would go this route again if we ever choose to sell.

 

[Pirates13]

$73-$16,790-306-OKW-June-76/'14, 230/'15, 230/'16, -sent 2/19, no word yet

 

[hw588]

$73-$16,790-306-OKW-June-76/'14, 230/'15, 230/'16, -sent 2/19, no word yet

Sent ours 2/12 and still waiting as well... I think Disney wants to torture all of us through this process so we can REALLY savor it when it passes ROFR!

 

[J-Akers]

J-Akers---$90-$18,000-200-BLT-Dec-89/'14, 200/'15, 200/'16-sent 2/10, waiting

PASSED 3/9

 

[hw588]

PASSED 3/9

CONGRATULATIONS!!!! Making me feel more confident our answer will be in the next few days!

 

[B16crx]

B16crx---$77-$15400-200-AKV-apr-11/'14, 93/'15, 200/'16-sent 2/10

Seller pays '15 dues

Passed today 3/9.....now to join the Estoppel waiting game

Our first contract so it's rough to wait it out

 

[ghenghy]

Ghenghy---$88-$5,150-50-BWV-Oct-50/'14, 50/'15, 50/'16-sent 2/13, waiting

Passed 3/9

 

[coolbluewater]

coolbluewater --- $137 - $18,192 - 125 - VGF - June - 84/'15, 125/'16 - sent 2/12

We are hoping to take our first trip the first week of September

Passed 3/9! Getting closer to being able to book...!