Time between ROFR and closing

JoJostar

Earning My Ears
Joined
Aug 21, 2008
Messages
69
I know how long they say it can take, but I am curious. Anyone who has passed ROFR, how long did it take to close from there?
 
When we were waiting, I asked the same question, and many said a month or two, while others said a week. Well, ours (230 points @ OKW, $72/point) took about a month on the dot last October. Hope this helps! Be patient, it will be worth it!
 
We got closing papers 9 days after passing ROFR. The gal at the closing company said they have to do a last check w/DVC and it will close.
 
We made our initial offer July 19, and were in the DVC computer and able to make a reservation on August 23. Our ROFR went really fast (just a couple of days), and everything seemed to drag from there, but in reality start to finish was just under 5 weeks. Good luck.
 

Here's our timeline, so far....

Aug 20: Submitted offer, accepted within 10 minutes!:cloud9:
Aug 22: Contract Received, signed, scanned and sent with deposit:cutie:
Aug 23: Contracts sent to Disney for ROFR :cheer2:
Aug 30: Passed ROFR!:banana: :banana: :banana:
Sep 5: Received closing documents:scared:
Sep 9: Send closing docs with cashier's check to closing company:dance3:


...Now, we start waiting again...:surfweb:
 
the time from ROFR to finalization for me was just under 10 days. :)

But... remember it's not just you (the buyer) and the closing company, it's also the seller - I've heard horror stories :scared1: from others about how their seller was dragging their feet at closing. I was so very lucky - I used express mail to send the closing documents and $$ to the closing company, and I believe the seller did the same with their papers. All in all, I couldn't have been more pleased. :thumbsup2
 



















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