Closing Time!!

[Stargazer65]

Thank you both! Hoping we can squeak our closing in before 12/1

I closed a contract a month ago, just three days after sending the closing documents. That was even though the closing date on the original contract had a November date. So yes, I think they usually close as soon as they have everything. Which makes sense because everyone gets paid sooner I would think.

I am also waiting on closing documents for a contract that passed ROFR about 12 days ago. I assume they haven't received the estoppell yet. It says it must close before Dec 2, I don't know what happens if it doesn't. But that's still 3 weeks out so no hurry I guess.

 

[macman123]

Can anyone help me to understand this message!
So have we closed? I understand it then takes longer for the account to be sorted and then the points to be added but I'm not sure if it's even closed yet. Are they saying once it's posted in 2-3 business days and they then receive it, it'll be closed? Sorry! A bit confused. Any help greatly appreciated. Thanks

Yes you have closed. Next step is deed gets recorded and Disney gets notified. You should get an email from Disney in around 4 weeks.

 

[TheTrailblazers]

Home: BLT
Broker: www.dvcstore.com
Title Company: Mason Title
Offer made: 10/03/20
Offer accepted: 10/03/20
Sent to ROFR: 10/04/20
Passed ROFR: 11/10/2020
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[DVCanonymouse]

Got our "Welcome Home" e-mail today! Now we just wait for our points!!

Home: PVB
Broker: dvcstore.com
Title Company: Mason Title & Escrow Company
Offer made: 8/26/2020
Offer accepted: 8/26/2020
Sent to ROFR: 8/28/2020 (2 days)
Passed ROFR: 9/29/2020 (32 days)
Closing docs received: 10/8/2020 (9 days)
Closing docs returned: 10/12/2020 (4 days)
Title Company in receipt of funds: 10/19/2020 (7 days)
Sellers closing docs returned: ? sometime between 10/8 and 10/13/2020
Closing: 10/21/2020 (2 days)
Deed recorded: 10/22/2020 (1 day)
Contract Showing on Membership (NEW member): 11/10/2020 (19 days from deed recording)
Points in account: ?

Total time from Offer to Membership Account: 76 days

 

[mom2elle]

Home: Saratoga Springs
Broker: dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 9/10/2020
Offer accepted: 9/10/2020
Sent to ROFR: 9/11/2020
Passed ROFR: 10/28/2020
Closing docs received:11/5/2020
Closing docs returned:11/6/2020
Sellers closing docs returned:?
Closing:11/10/2020
Deed recorded:
Contract Showing on Membership: 11/23/3020
Points in account:

 

[Crash8ART]

Home: Animal Kingdom
Broker: FidelityResales.com
Title Company: Mason
Offer made: 09/03/2020
Offer accepted: 09/03/2020
Sent to ROFR: 09/09/2020
Passed ROFR: 10/27/2020
Closing docs received: 10/29/2020
Closing docs returned: 10/30/2020
Sellers closing docs returned: 11/9/2020
Closing: 11/10/2020
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[cindybelle90]

I closed a contract a month ago, just three days after sending the closing documents. That was even though the closing date on the original contract had a November date. So yes, I think they usually close as soon as they have everything. Which makes sense because everyone gets paid sooner I would think.

I am also waiting on closing documents for a contract that passed ROFR about 12 days ago. I assume they haven't received the estoppell yet. It says it must close before Dec 2, I don't know what happens if it doesn't. But that's still 3 weeks out so no hurry I guess.

Thanks for the insight. Hope to see an updated thread for you soon with your latest contract!

 

[Stargazer65]

I am also waiting on closing documents for a contract that passed ROFR about 12 days ago. I assume they haven't received the estoppell yet.

As soon as I posted that the documents showed up

 

[Sandisw]

Everyone is doing such a great job in remembering the link. For those that are new, please be sure to always include the link to the broker, even though you believe it is fine,

Things happen, and the rules really do ask posters to include it!

 

[DisneyFan5404]

Home: Boardwalk Villas (BWV)
Broker: www.fidelityresales.com
Title Company: First American Title Insurance Company (FATC)
Offer made: 8/27/2020
Offer accepted: 8/27/2020
Sent to ROFR: 9/2/2020 (6 days)
Passed ROFR: 9/30/2020 (28 days)
Closing docs received: 10/19/2020 (19 days)
Closing docs returned: 10/19/2020
Seller returned closing docs: 10/22/2020 (3 days)
Closing: 10/22/2020
Deed recorded: 10/23/2020 (1 day)
Contract Showing on Membership: 11/11/2020 (19 days)
Points in account:

Almost there!!

 

[IsamarV14]

Nearly thereeee. No points yet but I did get an email to set up auto-pay lol

Home: Vero Beach
Broker: www.fidelityresales.com
Title Company: First American
Offer made: 8/14/2020
Offer accepted: 8/21/2020
Sent to ROFR: 8/26/2020
Passed ROFR: 9/24/2020 ( 31 days)
Closing docs received: 10/8/2020
Closing docs returned: 10/8/2020 (via docusign)
Sellers closing docs returned: 10/20/2020 (wire sent 10/21/2020)
Closing: 10/21/2020
Deed recorded: 10/21/2020
Contract Showing on Membership: 11/09/2020 (19 days from closing)
Points in account:

 

[PaulW08]

Looks like we might be getting back to the normal delay for receiving the points after the contract shows on the membership. After seeing a string of contracts that had the points show within 1-2 days, the last points that were added according to this thread was on 11/4.

This is my obligatory post complain and mention this so that way tomorrow we all start seeing progress in this department again.

 

[IsamarV14]

Looks like we might be getting back to the normal delay for receiving the points after the contract shows on the membership. After seeing a string of contracts that had the points show within 1-2 days, the last points that were added according to this thread was on 11/4.

This is my obligatory post complain and mention this so that way tomorrow we all start seeing progress in this department again.

I like the hopeful wishing for us all lol. My initial email did say allow 7-10 business days for points to show so at least a timeframe was given. Now to hoping it's upheld.

 

[tamhugh]

I am jealous of everyone having their contract show up on the website. Our deed was recorded on 11/16 and it is still not showing.

 

[LadybugsMum]

I am jealous of everyone having their contract show up on the website. Our deed was recorded on 11/16 and it is still not showing.

Do you mean 10/16?

 

[tamhugh]

Do you mean 10/16?

Ooops! Yes, 10/16.

 

[Cupcake232]

Ooops! Yes, 10/16.

I would call member services

 

[Kmedders]

Home: Animal Kingdom Lodge
Broker: www.DVC sales.com
Title Company: Mason Title
Offer made: 9/15/2020
Offer accepted: 9/15/2020
Sent to ROFR: 9/17/2020
Passed ROFR: 11/2/2020 ( 46 days)
Closing docs received: 11/2/2020
Closing docs returned: 11/4/2020 (via docusign)
Sellers closing docs returned: 11/11/2020
Closing: 11/12/2020
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[UrsulaWantsYourSoul]

Home: Animal Kingdom Lodge
Broker: www.DVC sales.com
Title Company: Mason Title
Offer made: 9/15/2020
Offer accepted: 9/15/2020
Sent to ROFR: 9/17/2020
Passed ROFR: 11/2/2020 ( 46 days)
Closing docs received: 11/2/2020
Closing docs returned: 11/4/2020 (via docusign)
Sellers closing docs returned: 11/22/2020
Closing: 11/12/2020
Deed recorded:
Contract Showing on Membership:
Points in account:

I'm going to guess Sellers closing docs were not really returned on 11/22? Or maybe you are a fortune teller. AKL - I'd love to own there - nice!

 

[Kmedders]

I'm going to guess Sellers closing docs were not really returned on 11/22? Or maybe you are a fortune teller. AKL - I'd love to own there - nice!

Ha ha ha!!! I meant 11/11