ROFR Thread October to December 2023 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

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What is closing costs based on? The total dollar amount of the contract or does the resort and number of points factor in?
 
What is closing costs based on? The total dollar amount of the contract or does the resort and number of points factor in?
Just the cost of the contract mostly, but location of resort does play a part. Resort and points do not as far as I know
 
Updated!

Just to throw our own recent experience out there with www.dvcclosings.com and Cammy- we had amazing experiences with Cammy's work when she was still with First American (www.firstamericantitle.com) and she did not disappoint for our latest BCV contract- it was closed within four days from the ROFR notice. For what it's worth, we also had a stellar experience with Vacatia (www.vacatia.com) and they were more than willing to let us work with whomever we chose for the title portion. I know that some brokers have preferred title companies and whine a little about using someone else, but our experience with both companies could not have been easier and more pleasant.
 
And then there was the AKV listing of 100 points that was listed on (unnamed site) today for $0 with the seller playing the member dues, leaving only the closing costs.
 
How/when do you engage her service? After you find a resale contract on one of the sites and agree on a price with a seller?
Some brokers will ask you who you want to use for closing, others will just assume you'll use who they suggest. The board sponsor has what seems to be a relationship with Magic Vacation Title https://magicvacationtitle.com/ which has been reported to have slower closings than someone like Cammy, that's not to say the board sponsor won't let you use someone else, just that they seem to suggest Magic Vacation Title the most. You can always try specifying who you want as closing company as a part of your offer.
 
Some brokers will ask you who you want to use for closing, others will just assume you'll use who they suggest. The board sponsor has what seems to be a relationship with Magic Vacation Title https://magicvacationtitle.com/ which has been reported to have slower closings than someone like Cammy, that's not to say the board sponsor won't let you use someone else, just that they seem to suggest Magic Vacation Title the most. You can always try specifying who you want as closing company as a part of your offer.
And to add…https://magicvacationtitle.com charges the highest fees compared to other Title companies.

Slower service. Higher fees.
 
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