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Closing Time!!

slowly I turned, inch by inch, step by step........
UPDATE - Today (11/12/20) is Day # 64

Home: BCV
Broker: www.fidelityresales.com
Title Company: FATC
Offer made: 9/9/2020
Offer accepted: 9/9/2020
Sent to ROFR: 9/16/2020
Passed ROFR: 10/29/2020
Closing docs received:11/05/2020
Closing docs returned: 11/05/2020
Seller returned closing docs: 11/12/2020
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
 
I was keen to take advantage of the favourable exchange rate (UK buyer) so I sent a cheeky email to give them a nudge. Closing Docs arrived 2hours later. Don’t ask, don’t get, right?

Home: Saratoga Springs Resort (SSR)
Broker: www.DVCstore.com
Title Company: Mason
Offer made: 9/19/2020
Offer accepted: 9/19/2020
Sent to ROFR: 9/24/2020 (5 days)
Passed ROFR: 10/30/2020 (36 days)
Closing docs received: 11/12/2020 (13 days)
Closing docs returned: 11/12/2020
Seller returned closing docs: TBD
Closing: TBD
Deed recorded: TBD
Contract Showing on Membership: TBD
Points in account: TBD
 
Moving slowly along:

Home: BRV
Broker: https://dvcsales.com/
Title Company: MTC
Offer made: 9/24/2020
Offer accepted: 9/24/2020
Sent to ROFR: 9/25/2020
Passed ROFR: 10/29/2020
Closing docs received:11/10/2020
Closing docs returned: 11/12/2020
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
 
SO I got some documents to sign. It says

Application for Withholding Certificate for Disposition by Nonresident Person of Hawaii Real Property Interest.

Is this the Closing document? It's just asking for last four of social and signature.

ALSO, it shows Date of Transfer: 12/23/2020. Is that the closing date?
 


Updated: Contract appeared last night. Almost there!

Home: Saratoga Springs Resort (SSR) -- Small Resale Contract #2
Broker: FidelityResales.com
Title Company: Mason
Offer made: 9/5/2020
Offer accepted: 9/6/2020
Offer contract received and sent in with deposit: 09/11/2020
Seller returned offer contract: 09/14/2020
Sent to ROFR: 09/14/2020 (9 days)
Passed ROFR: 10/21/2020 (37 days)
Closing docs received: 10/23/2020 (2 days)
Closing docs returned: 10/23/2020
Seller returned closing docs: 10/27/2020 (4 days)
Closing: 10/28/2020 (1 days)
Deed recorded: 10/28/2020
Contract Showing on Membership: 11/12/2020 (15 days)
Points in account:

TIME TOTAL: 69 days and counting...
offer to ROFR: 46 days
ROFR passing to Closing: 7 days
Closing to Points in Account: 16 days and counting...


******
Here is my experience so far, as I’ve done numerous mostly small contracts:

Closed Contracts (offer to points in account):

BRV Resale - 43 days - www.FidelityResales.com / Mason
AKL Resale #1 - 49 days - www.DVCbyResale.com / Mason
AKL Resale #2 - 40 days - www.DVCStore.com / Mason
AKL Resale #3 - 80 days - www.DVCResaleMarket.com / Magic Vacation Title (start of Covid, Feb-May)
CCV Resale #1 - 91 days - www.FidelityResales.com / Mason (Covid, end-May to end-August)
SSR Resale #1 - 120 days - www.*************.com / TRCS (Covid, May to September)
CCV Resale #2 - 86 days - www.*************.com / TRCS (Covid, July to October)
CCV Small Resale #3 - 87 days - www.FidelityResales.com / Mason (Covid, July to October)

In progress:
SSR Small Resale #2 - www.FidelityResales.com / Mason - 69 days so far, waiting for points
HHI Small Resale - www.*******.com / Hayes Title - 57 days so far, waiting for seller (offer made 9/17, sent to ROFR 9/21, passed 11/3, but seller now doesn’t want to honor paying MFs)
VGC Small Resale #1 & #2 - www.FidelityResales.com / First American - 54 total days so far, waiting for closing docs (offer made 9/20, sent to ROFR 9/25, passed 10/29, waiting for closing)
 
Now we're moving along -
Updated with news since yesterday:
Today (11/13/20) is Day # 65

Home: BCV
Broker: www.fidelityresales.com
Title Company: FATC
Offer made: 9/9/2020
Offer accepted: 9/9/2020
Sent to ROFR: 9/16/2020
Passed ROFR: 10/29/2020
Closing docs received:11/05/2020
Closing docs returned: 11/05/2020
Seller returned closing docs: 11/12/2020
Closing: 11/13/2020
Deed recorded:
Contract Showing on Membership:
Points in account:

I also need to correct my entry here, and in the ROFR thread.
I had posted this contract at $142/Pt - 30 Points BCV, when it was actually sold at $140/Point.
I'll bore you with the funny story:

I was surfing for a small BWV listing, and thought I had found a 30-Point one with my use year, and I put in a bid of $130/Point (It listed at $150)
As soon as I hit submit on the offer, I noticed that I had jumped in the listings from BWV to BCV. I called Fidelity, and reached the agent who sold me my previous SSR contract. Fortunately it was her BCV listing, and she confirmed I was the first bidder, but noted that the seller was really looking for list-price offers only. I immediately confessed that I thought I had bid on BWV, and would be willing to go higher for BCV, but not up to $150. She put me on hold while she contacted the seller, and came back to the phone with what I thought was "would you go to 142"? I had planned to bid against myself with a revised bid of 140, and for $2/Pt on a 30 point contract, I didn't hesitate and said YES. She put me on hold again, then returned with "the seller accepts"!.
I didn't realize until I scrutinized the closing documents more closely that the list price was $4,200. That is 30 Points at $140/Point. She must have said to me "would you go to 42", meaning 42-hundred :rotfl2: All's well that ends well ! I now have my 30 Points at $140/Point, $4,200 Total, before closing costs.:thumbsup2 I will update the string on the ROFR thread, to capture the correct cost per point, as it may be a negligible amount on this contract, but I don't want to skew the averages with erroneous data.
 
Last edited:
Home: AKV
Broker: dvcsales.com
Title Company: Mason Title
Offer made: 10/3/20
Offer accepted: 10/4/20
Sent to ROFR: 10/5/20
Passed ROFR: 10/30/2020
Closing docs received:10/11/2020
Closing docs returned:10/12/2020
Sellers closing docs returned:10/12/2020
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
 


I would call member services :)
I called member services yesterday and now I am more concerned. The woman I spoke with couldn't find anything for our contract but said she could see someone with the same name, living in a different state who had a contract processed around that time. She gave me an email address and said that I would have to contact administration and see if they could figure it out. Now I am paranoid that they accidently assigned our contract and points to someone else with the same name. When I sent an email, they responded that I should get a response in 5 business days.
 
Home: AKV
Broker: dvcsales.com
Title Company: Mason Title
Offer made: 10/3/20
Offer accepted: 10/4/20
Sent to ROFR: 10/5/20
Passed ROFR: 10/30/2020
Closing docs received:10/11/2020
Closing docs returned:10/12/2020
Sellers closing docs returned:10/12/2020
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
I'm going to guess some of those 10's are 11's unless you got closing docs before passing :-). You're like me writing checks at the beginning of the month :-).
 
😭😭 the wait is awful....... contract loaded 11/3 and still awaiting my points....
I have decided I have no patience 😭😭

Mine loaded 11/9 and still no points :rolleyes1 Did your email by any chance say you will receive points in 7-10 business days? Ours did and I'm prepared to call on the 11th business day if they don't have since we have a trip very very soon.
 
Success!
It took awhile but the missing points from our Saratoga Springs resale purchase finally showed up on our dashboard. And before they were due to expire !
My DH and I were able to book a one bedroom villa for a week beginning this Sunday the 15th at our home resort successfully using all expiring points. So excited for this trip. :banana:
 
Success!
It took awhile but the missing points from our Saratoga Springs resale purchase finally showed up on our dashboard. And before they were due to expire !
My DH and I were able to book a one bedroom villa for a week beginning this Sunday the 15th at our home resort successfully using all expiring points. So excited for this trip. :banana:

Awesome! Have fun for all of us waiting! LOL
 
Home: BLT
Broker: www.**********.com
Title Company: Mason Title and Escrow Company
Offer made: 9/6/2020
Offer accepted: 9/7/2020
Sent to ROFR: 9/8/2020
Passed ROFR: 10/19/2020
Closing docs received: 10/22/2020
Closing docs returned: 10/23/2020
Sellers closing docs returned: 10/28/20
Closing: 11/03/20
Deed Recorded: 11/03/20
Contract showing on Membership: 11/14/20
Points in account:

Great news. Fingers crossed next week we'll have our points. That was quick! 🤞🏼🤞🏼🤞🏼
 

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Fixed... Lol

Home: AKV
Broker: dvcsales.com
Title Company: Mason Title
Offer made: 10/3/20
Offer accepted: 10/4/20
Sent to ROFR: 10/5/20
Passed ROFR: 10/30/2020
Closing docs received:11/11/2020
Closing docs returned:11/12/2020
Sellers closing docs returned:11/12/2020
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
 
Home: PVB
Broker: www.***************.com
Title Company: Magic Vacation Title
Offer made: 9/12/20
Offer accepted: 9/14/20
Sent to ROFR: 9/18/20
Passed ROFR: 10/29/20 (41 days)
Closing docs received: 11/4/20
Closing docs returned: 11/4/20
Sellers closing docs returned: 11/9/20
Closing: 11/12/20
Deed recorded: 11/13/20
Contract Showing on Membership:
Points in account:
 

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