Yet another timing question

[sndral]

Oh wise ones, I am at the end game of my purchase adventure and wonder if someone can explain what this means:
Seller's documents have been received by title company. They advise to 'allow Disney 7-14 days to complete change of ownership' and that final policy and deed will be mailed to us in 2-3 wks.
Is it after the 7-14 day wait for Disney to finish their recording that the wait begins for the membership letter? Or are these 2 concurrent things?
Sellers have a mortgage w/ Disney on the points that must be paid off, if that makes a difference.

 

[disneynutz]

I would call your broker/closing company and ask them. They deal with Disney several times per day and things at Disney are changing.

Waits for everything, MS, member accounting, members satisfaction, even getting MS to process DME reservations has increased. The website is having problems and the dues paying function has been down for a week.

Bill

 

[LorieDisneyLover]

Oh wise ones, I am at the end game of my purchase adventure and wonder if someone can explain what this means:
Seller's documents have been received by title company. They advise to 'allow Disney 7-14 days to complete change of ownership' and that final policy and deed will be mailed to us in 2-3 wks.
Is it after the 7-14 day wait for Disney to finish their recording that the wait begins for the membership letter? Or are these 2 concurrent things?
Sellers have a mortgage w/ Disney on the points that must be paid off, if that makes a difference.

It's taking Disney farrrrrr longer than the 7-14 days to transfer ownership.

I've been waiting nearly 3 weeks since the deed was recorded and still no points have been loaded.

Waiting after all the money has been sent (which was 10 before closing) for points to be loaded is one of the most frustrating things about resale.

 

[sndral]

I guess I don't know much about closing, wouldn't the escrow co. file the ownership change documents, but I assume Disney needs to either send to the escrow co. to file or file themselves some sort of satisfaction after they receive the funds paying off seller's mortgage. Last time I dealt w/ closing and escrow accounts was 20+ years ago when I bought my last house, so it's a bit of a mystery to me.