Closing Time!

[Sunnyore]

Sometimes I feel it helps contracts move along when you comment on the threads. I checked this morning and it wasn’t there and few hours later it popped up!

Home Resort: BCV
Broker: www.dvcstore.com
Title Company: Mason (not Cammy)
Offer made: 9/5/22
Offer accepted: 9/5/22
Sent to ROFR: 9/6/22
Passed ROFR: 9/21/22
Closing docs received: 9/27/22
Closing docs returned: 9/27/22
Closing: 10/5/22
Deed recorded: 10/6/22
Contract Showing on Membership: 10/22/22
Points in account:

Days total so far - 47.. I’ll probably give it a day or so before calling in for points.

 

[CarolynFH]

I thought Disney only had 30 days to respond to ROFR? Does that mean the forfeit their right?

They actually have until closing date, no matter when that is. 30 days is the minimum amount of time that has to be allowed in the sales contract.

 

[Cheetara03]

Sometimes I feel it helps contracts move along when you comment on the threads. I checked this morning and it wasn’t there and few hours later it popped up!

Home Resort: BCV
Broker: www.dvcstore.com
Title Company: Mason (not Cammy)
Offer made: 9/5/22
Offer accepted: 9/5/22
Sent to ROFR: 9/6/22
Passed ROFR: 9/21/22
Closing docs received: 9/27/22
Closing docs returned: 9/27/22
Closing: 10/5/22
Deed recorded: 10/6/22
Contract Showing on Membership: 10/22/22
Points in account:

Days total so far - 47.. I’ll probably give it a day or so before calling in for points.

Can I please ask the details of your BCV? I have one too and it’s pending with ROFR and it looks like yours went so smoothly!

 

[Sunnyore]

Can I please ask the details of your BCV? I have one too and it’s pending with ROFR and it looks like yours went so smoothly!

Oh I certainly didn’t get a “deal” but I got exactly what I wanted. I initially bid lower but seller held at full price. I’m going to rent out my banked points so it’ll be closer to what I was willing to pay. It’s posted in the ROFR thread as well but it’s 70pts @ $183 with 70 pts banked into 2022. Seller paid 2022 MF. My normalized price is $174.

 

[Cheetara03]

Oh I certainly didn’t get a “deal” but I got exactly what I wanted. I initially bid lower but seller held at full price. I’m going to rent out my banked points so it’ll be closer to what I was willing to pay. It’s posted in the ROFR thread as well but it’s 70pts @ $183 with 70 pts banked into 2022. Seller paid 2022 MF. My normalized price is $174.

That’s a great plan! Thank you for sharing!

 

[PoptartsAndMickey]

Home Resort: Vero Beach
Broker:
Title Company: Mason
Offer made: 8/25/12
Offer accepted: 8/26/22
Sent to ROFR: 8/30/22
Passed ROFR: 9/15/22
Closing docs received: 9/19/22
Closing docs returned: 9/20/22
Closing: 9/27/22
Deed recorded: 9/27/22 (***for any VB folks. Don't be goofy like me and continuously check the orange county comptroller.. it won't be there! )
Contract Showing on Membership (new member): 10/17/22
Points in account: 10/23/22

Days Total: 59 Days (FINISHED!)

&

Home Resort: Saratoga Springs
Broker:
Title Company: Mason
Offer made: 9/8/22
Offer accepted: 9/8/22
Sent to ROFR: 9/9/22
Passed ROFR: 9/27/22
Closing docs received: 9/27/22
Closing docs returned: 9/28/22
Closing: 10/7/22
Deed recorded: 10/7/22
Contract Showing on Membership (new member):
Points in account:

Days Total:

I'm so close I can taste the mickwy waffle! Cmon Disney!

 

[DonMacGregor]

FINAL UPDATE:

Home Resort: BRV
Broker: www.**********.com
Title Company: Mason Title (Cammy Smith)
Offer made: 9/3
Offer accepted: 9/3
Sent to ROFR: 9/3
Passed ROFR: 9/19 (16 days)
Closing docs received (buyer): 9/20
Closing docs returned (buyer): 9/20 (17 days)
Funds sent: 9/20
Closing docs returned (seller): 9/26 (received late due to Hurricane Ian)
Contract Closed: 10/4
Deed recorded: 10/4
Contract Showing on Membership (existing member): 10/22
Points in account: 10/23

Days Total: 51

Points loaded this morning via chat, 10 minutes.

 

[Scrub0bk]

FINAL UPDATE:


Points loaded this morning via chat, 10 minutes.

did you just use the chat on the right hand side of the DVC page? i tried that and they wanted to put me through the phone after automated messages. got my membership on Saturday so wanted to get points loaded before 10/31

 

[Stargazer65]

Nothing since last Monday (contracted was loaded a week ago). Waiting on the points.

Home Resort: BRV
Broker: https://www.dvcresalemarket.com/
Title Company: Magic Vacation Title
Offer made: 6/28
Offer accepted: 6/28
Sent to ROFR: 6/30
Passed ROFR: 8/2
Closing docs received: 8/3
Closing docs returned (buyer): 8/8
Closing docs returned (seller): 9/19
Closing: 9/21
Deed recorded: 9/26
Contract Showing on Membership (existing member): 10/17
Points in account:

Days Total (so far): 120

 

[DonMacGregor]

did you just use the chat on the right hand side of the DVC page? i tried that and they wanted to put me through the phone after automated messages. got my membership on Saturday so wanted to get points loaded before 10/31

Yup. Always use chat. Haven't called them in probably a year or so.

 

[Scrub0bk]

I chatted with them and they loaded my points in about 15 mins. very nice

 

[RNstitches]

Final Update:

Home Resort: BWV
Broker: www.dvcstore.com
Title Company: Mason
Offer made: 8/13
Offer accepted: 8/13
Sent to ROFR: 8/14
Passed ROFR: 9/5 (22 days)
Closing docs received: 9/9 (26 days)
Closing docs returned (buyer): 9/9
Closing: 9/23 (40 days)
Deed recorded: 9/26 (43 days)
Contract Showing on Membership (existing member): 10/17 (64 days)
Points in account: 10/24 via chat (71 days)

Days Total: 71

 

[LadybugsMum]

Just over here waiting for my international sellers to return their documents. Good thing I don't need to points until Decemberish.

 

[Grifters40]

Just over here waiting for my international sellers to return their documents. Good thing I don't need to points until Decemberish.

How long have you been waiting for them to return documents? I have been waiting for my sellers to return documents for about 2 weeks.

 

[Stargazer65]

Okay, I decided after lunch that 120 days was long enough. I called MS and had them load my points:

Home Resort: BRV
Broker: https://www.dvcresalemarket.com/
Title Company: Magic Vacation Title
Offer made: 6/28
Offer accepted: 6/28
Sent to ROFR: 6/30
Passed ROFR: 8/2
Closing docs received: 8/3
Closing docs returned (buyer): 8/8
Closing docs returned (seller): 9/19
Closing: 9/21
Deed recorded: 9/26
Contract Showing on Membership (existing member): 10/17
Points in account: 10/24
Days Total: 120

Last update, everything complete, and all in the short span of 4 months.

 

[LadybugsMum]

How long have you been waiting for them to return documents? I have been waiting for my sellers to return documents for about 2 weeks.

It's been 11 days; so not long in the grand scheme of things. The sellers are in England somewhere and they probably had to go to London to get the documents notarized unless that something that can be done closer to home.

 

[TheSkis]

Home Resort: Beach Club Villas
Broker: https://www.****************.com/
Title Company: Mason Title
Offer made: 9/26
Offer accepted: 9/27
Sent to ROFR: 9/27
Passed ROFR: 10/13
Closing docs received:10/18
Closing docs returned:10/18
Closing:10/24
Deed recorded: 10/25
Contract Showing on Membership (new member):
Points in account:

Days Total: 29 days and counting

 

[Stargazer65]

Days Total: 29 days and counting

I'm flabbergasted lol...happy for you...but after my 4 month ordeal, stuff like this just astounds me. Less than 1 month from offer made to deed recorded, that's phenomenal.

 

[Ad12345]

Are there any tips to speeding this up?

 

[DonMacGregor]

I'm flabbergasted lol...happy for you...but after my 4 month ordeal, stuff like this just astounds me. Less than 1 month from offer made to deed recorded, that's phenomenal.

+/- 30 days is about usual for getting to the end of ROFR and buyer docs returned. It's after that that things tend to slow WAY down with seller delays, and waiting for points to load. If you can get seller docs back in short order, then 30-32 days is about right. My last one was 31 days to closing, and that included an "extra" weekend due to the way the calendar worked out. The one before that took 36 days to close, but inconveniently straddled both the Memorial Day and 4th of July holidays. I have bad holiday timing.