Closing Time!!

UPDATED: One step closer. Deed has been recorded.

Home: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magic Vacation Title*
Offer made: 02/24/2020
Offer accepted: 02/28/2020
Sent to ROFR: 03/09/2020 (Seller didn't return docs till 3/8)
Passed ROFR: 03/25/2020
Closing docs received: 04/06/2020
Closing docs returned: 04/07/2020
Seller returned closing docs: 04/14/2020
Closing: 04/15/2020
Deed recorded: 04/21/2020
Contract Showing on Membership:
Points in account:

*Magic Vacation Title charged a $45 fee for a credit card payment for the down payment. They ALSO charged me a $20 fee for a wire transfer. This in addition to closing costs. 😕

I had always used Mason Title in the past, and they never charged me an additional fee for either. DVC Resale Market said that I’d still be charged a fee if I had used Mason Title with them, so I don’t know if this means that DVC Store, Fidelity, and DVC Magic Resales (where I bought my prior resales) always ate the fee or if Mason did, but just FYI.
 
Update!

Home: Poly
Title Company: TRCS, Inc.
Offer made: 3/3/2020
Offer accepted: 3/3/2020
Sent to ROFR: 3/4/2020
Passed ROFR: 3/20/2020
Closing docs received: 4/2/2020
Closing docs returned: 4/6/2020
Seller returned closing doc: 4/9/2020
Funds received: 4/6/2020
Closing: 4/13/2020
Deed recorded: 4/13/2020
Activation Code: 4/17/2020
Member Number: 4/19/2020*
Account showing new contract: 4/19/2020
Points in my account: 4/19/2020

*Received my activation code via email but no Membership ID or Club ID. Called Member Services the next day and they asked me to email Member Administration. They responded the next day with both numbers, and when I logged in all points were in the account! Booked my first trip for January!
 
Update!

Home: Poly
Title Company: TRCS, Inc.
Offer made: 3/3/2020
Offer accepted: 3/3/2020
Sent to ROFR: 3/4/2020
Passed ROFR: 3/20/2020
Closing docs received: 4/2/2020
Closing docs returned: 4/6/2020
Seller returned closing doc: 4/9/2020
Funds received: 4/6/2020
Closing: 4/13/2020
Deed recorded: 4/13/2020
Activation Code: 4/17/2020
Member Number: 4/19/2020*
Account showing new contract: 4/19/2020
Points in my account: 4/19/2020

*Received my activation code via email but no Membership ID or Club ID. Called Member Services the next day and they asked me to email Member Administration. They responded the next day with both numbers, and when I logged in all points were in the account! Booked my first trip for January!

What email was the activation code email from? Our deed was recorded on the same day, but we haven’t heard anything yet.
 


Update!

Home: Poly
Title Company: TRCS, Inc.
Offer made: 3/3/2020
Offer accepted: 3/3/2020
Sent to ROFR: 3/4/2020
Passed ROFR: 3/20/2020
Closing docs received: 4/2/2020
Closing docs returned: 4/6/2020
Seller returned closing doc: 4/9/2020
Funds received: 4/6/2020
Closing: 4/13/2020
Deed recorded: 4/13/2020
Activation Code: 4/17/2020
Member Number: 4/19/2020*
Account showing new contract: 4/19/2020
Points in my account: 4/19/2020

*Received my activation code via email but no Membership ID or Club ID. Called Member Services the next day and they asked me to email Member Administration. They responded the next day with both numbers, and when I logged in all points were in the account! Booked my first trip for January!

I have received an activation code email and an autopay email but no club ID. Every time I call they just say to keep waiting for an email with my club ID. It’s very frustrating.
 
I have received an activation code email and an autopay email but no club ID. Every time I call they just say to keep waiting for an email with my club ID. It’s very frustrating.

I originally got the same reply, but they said I could email WDW.DVC.DVD.Resales@disney.com and wdw.dvc.member.administration@disney.com to check. They were able to give me the ID the next day. I included the contract number, my name, and address in the email. It may be worth emailing them!
 


Update!

Home: Poly
Title Company: TRCS, Inc.
Offer made: 3/3/2020
Offer accepted: 3/3/2020
Sent to ROFR: 3/4/2020
Passed ROFR: 3/20/2020
Closing docs received: 4/2/2020
Closing docs returned: 4/6/2020
Seller returned closing doc: 4/9/2020
Funds received: 4/6/2020
Closing: 4/13/2020
Deed recorded: 4/13/2020
Activation Code: 4/17/2020
Member Number: 4/19/2020*
Account showing new contract: 4/19/2020
Points in my account: 4/19/2020

*Received my activation code via email but no Membership ID or Club ID. Called Member Services the next day and they asked me to email Member Administration. They responded the next day with both numbers, and when I logged in all points were in the account! Booked my first trip for January!

WOW - 6 Calendar Days from Deed Recorded-to-Points in your account!
I hope mine moves that fast - My Deed was just recorded on 4/20
 
Joining the party!

Home: BLT
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 02/21/2020
Offer accepted: 02/21/2020
Contract signed: 02/24/2020
Sent to ROFR: 03/02/2020
Passed ROFR: 03/19/2020
Closing docs received: 03/25/2020
Closing docs returned: 03/27/2020
Seller returned closing docs: 03/31/2020
Closing: 04/09/2020
Deed recorded: 04/13/2020
Received member #: 04/20/2020
Account showing contract: 04/20/2020
Points in account: 04/21/2020

Total number of days = 61
 
UPDATED: Woo! We've finally closed!
Our seller didn't return the initial contract for 8 days, so I guess I should have expected them to take the same time to return closing docs... But now we're in the home stretch. Just need the deed to be recorded, the contract to show, and points to appear. I'm hopeful that I might get my points before my 11-month window opens on 5/13...

Home: Animal Kingdom Villas
Broker: DVC Resale Market
Title Company: Magic Vacation Title*
Offer made: 02/24/2020
Offer accepted: 02/28/2020
Sent to ROFR: 03/09/2020 (Seller didn't return docs till 3/8)
Passed ROFR: 03/25/2020
Closing docs received: 04/06/2020
Closing docs returned: 04/07/2020
Seller returned closing docs: 04/14/2020
Closing: 04/15/2020
Deed recorded:
Contract Showing on Membership:
Points in account:

*Magic Vacation Title charged a $45 fee for a credit card payment for the down payment. They ALSO charged me a $20 fee for a wire transfer. This in addition to closing costs. 😕

I had always used Mason Title in the past, and they never charged me an additional fee for either. DVC Resale Market said that I’d still be charged a fee if I had used Mason Title with them, so I don’t know if this means that DVC Store, Fidelity, and DVC Magic Resales (where I bought my prior resales) always ate the fee or if Mason did, but just FYI.
 
I am sorry I don’t know if I’m am getting touchy since I have been home with Corona virus lockdown stress but I feel like this process is taking FOREVER!! The title company received our closing documents on March 29th,

They drove me crazy for 2 days saying that we needed to resign a paper because the loan company said their program gave us the wrong APR so they resent that page, which was exactly the same as the original but we sent it again anyway.

They requested funding on April 6th

Still nothing! I feel like this is taking forever. I email the title company and she doesn’t respond

Am I crazy or is this moving at a snail pace....
 
I am sorry I don’t know if I’m am getting touchy since I have been home with Corona virus lockdown stress but I feel like this process is taking FOREVER!! The title company received our closing documents on March 29th,

They drove me crazy for 2 days saying that we needed to resign a paper because the loan company said their program gave us the wrong APR so they resent that page, which was exactly the same as the original but we sent it again anyway.

They requested funding on April 6th

Still nothing! I feel like this is taking forever. I email the title company and she doesn’t respond

Am I crazy or is this moving at a snail pace....
Hang in there - It was a long tough slog for me as well, experiencing my first resale purchase.
ET :darth:
 
I am sorry I don’t know if I’m am getting touchy since I have been home with Corona virus lockdown stress but I feel like this process is taking FOREVER!! The title company received our closing documents on March 29th,

They drove me crazy for 2 days saying that we needed to resign a paper because the loan company said their program gave us the wrong APR so they resent that page, which was exactly the same as the original but we sent it again anyway.

They requested funding on April 6th

Still nothing! I feel like this is taking forever. I email the title company and she doesn’t respond

Am I crazy or is this moving at a snail pace....

that definitely seems like a snail’s pace to me!
 
Final Update - 89 days - all smooth with the exception of original title company as seen below. Once switched everything finished up very smoothly. :earsboy:

Home: AK
Broker: DVC Resale Market
Title Company: Magic Vacation Title; switched to Mason 03/16/20
Offer made: 01/23/20
Offer accepted: 01/23/20
Sent to ROFR: 01/27/2020
Passed ROFR: 02/12/20
Closing docs received: 03/31/20
Closing docs returned: 04/01/20
Seller returned closing docs: 04/01/20
Closing: 04/13/20
Deed recorded: 04/13/20
Received member number: 04/20/20
Points in account: 04/21/20
 
Seeing everyone who had their deed recorded on the 13th and has already gotten their email is making me so antsy!! My deed was also recorded on the 13th and still nothing!!
 
Less than 60 days, although the wait between the deed recorded and our points appearing was the worst part.

Home: AKV-Jambo
Broker: DVC Sales
Title Company: Mason Title
Offer made: 02/26/20
Offer accepted: 02/27/20
Sent to ROFR: 02/28/2020
Passed ROFR: 03/19/20
Closing docs received: 03/30/20
Closing docs returned: 03/30/20
Seller returned closing docs: 04/07/20
Closing: 04/08/20
Deed recorded: 04/08/20
Received member number: (already a member)
Contract appeared in account: 04/21/20
Points in account: 04/21/20 (later in the day)
 
Last edited:
WOW - 80 Days in total! That's the path I'm on with Fidelity (me & badeacon) :goodvibes
Today is day 67, and still waiting for seller to return closing docs.
CONGRATS - I hope you got a good deal, and can use your points as planned!

Me too! Day 72 on my AUL contract and waiting on seller to return closing docs. I should ask for interest earned while the title company holding my funds. :)
 
that definitely seems like a snail’s pace to me!


Update!! I got to the bottom of our snail pace process!

Yesterday morning finally got a response to the 2 emails (1 Monday , 1 Tuesday-response Wednesday) I sent the title company-

Good morning Pam I am still waiting for 2 attachment documents that you needed to resign and send back.....

Got to be honest I lost my $&it at that point. My response was pretty much have you lost your mind you confirmed receipt of both documents on the 10th of April when you requested them and My agent from DVC resale market confirmed you requested funding on the 9th!

My next email was to our agent! I have to say they have been amazing within an hour she emailed me back stating that the owner of the title company was now involved and by the end of the day we would have a solution to what is going on.

Mid- morning the I had an apology voicemail & email from the title company that we should close by tomorrow there was no excuse for what was going on she dropped the ball, funds were requested and should close the next day....

We should hear today. I feel so bad for the seller! I hope to god they don’t think we are some kind of idiots. I have been chasing papers with this title company since day one! Begging I know I’m missing something, 4 emails of why has the process stopped 20 days go by oh u didn’t sign ____paper? I never got it! You never sent it!!!

This is our first resale purchase and probably not our last. Talk about stressful.
It’s been never ending! Please I just want my points.....
 

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