Closing Time!!

The new membership adventure has ended! Day before Thanksgiving and the points appeared! Resale takes a lot of patience but well worth it!

Home: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer Made: 07/29/2020
Offer Accepted: 07/29/2020
Sent to ROFR: 08/05/2020
Passed ROFR: 09/11/2020
Closing Docs received: 09/22/2020
Closing Docs returned: 09/23/2020
(Docs had date of 10/15/2020)
Closing Docs/payment filed: 09/25/2020
Closed: 10/15/2020
Deed Recorded: 10/16/2020
New Membership account: 11/05/2020
Points in account: 11/25/2020
 
On to the forever wait of Disney acknowledgment and point delivery...

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: 11/19/20
Closing docs returned: 11/23/2020
Title Company in receipt of funds: 11/24/20
Sellers closing docs returned: ?
Closing: 11/25/20
Deed recorded: 11/25/20
Contract Showing on Membership (NEW member):
Points in account:
 
update!

Home: VGF
Broker: Www.fidelityresales.com
Title Company: Mason
Offer made: 10/18/2020
Offer accepted: 10/19/2020
Sent to ROFR: 10/20/2020
Passed ROFR: 11/4/2020
Closing docs received: 11/18/2020
Closing docs returned: 11/18/2020
Seller returned closing docs: ?
Closing: 11/24/2020
Deed recorded: 11/25/2020
Contract Showing on Membership: 12/4/2020
Points in account: 12/7/2020 (called member services)
 
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Resale #2 and #3. Small contracts - 56 pt and 25 pt. Resale #4 (50 pt) should be going to Disney for ROFR today(?).

Home: BWV
Broker: www.dvcstore.com
Title Company: Mason
Offer made: 9/2/2020
Offer accepted: 9/3/2020
Sent to ROFR: 9/4/2020
Passed ROFR: 10/22/2020 (delay due to wrong contract #)
Closing docs received: 10/22/2020
Closing docs returned: 10/23/2020
Seller returned closing docs: 10/29/2020
Closing: 11/2/2020
Deed recorded: 11/3/2020
Contract Showing on Membership: 11/14/2020
Points in account: TBD

84 days and counting

Home: BWV
Broker: Www.fidelityresales.com
Title Company: First American Title
Offer made: 9/26/2020
Offer accepted: 9/28/2020
Sent to ROFR: 10/2/2020
Passed ROFR: 10/30/2020
Closing docs received: 11/12/2020
Closing docs returned: 11/12/2020
Seller returned closing docs: 11/19/2020
Closing: 11/24/2020
Deed recorded: 11/25/2020
Contract Showing on Membership: TBD
Points in account: TBD

60 days and counting
 


Updated: Never received word from title co or broker that this closed, but saw the deed recorded (for Hilton Head, look here: http://rodweb.bcgov.net/searchng/ )

Home: Hilton Head Island Resort (HHI)
Broker: www.*******.com
Title Company: Hayes Title
Offer made: 9/17/2020
Offer accepted: 9/18/2020
Sent to ROFR: 09/21/2020 (4 days)
Passed ROFR: 11/6/2020 (46 days)
Closing docs received: 11/10/2020 (4 days)
Closing docs returned: 11/10/2020 (0 days)
Seller returned closing docs: 11/20 (10 days)
Closing: ?? latest is 11/25/2020
Deed recorded: 11/25/2020 (5 days)
Contract Showing on Membership:
Points in account:

TIME TOTAL: 74 days and counting...
offer to ROFR: 50 days
ROFR passing to Closing: 23 days
Closing to Points in Account: 1 day 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 - 86 days so far, waiting for account to appear (offer made 9/5, sent to ROFR 9/14, passed ROFR 10/21, deed recorded 10/28, contract appeared 11/12)
HHI Small Resale - www.*******.com / Hayes Title - 74 days so far, waiting for closing (offer made 9/17, sent to ROFR 9/21, passed 11/6, closing docs received 11/10, seller issue resolved 11/20, deed recorded 11/25)
VGC Small Resale #1 & #2 - www.FidelityResales.com / First American - 71 total days so far, waiting for closing (offer made 9/20, sent to ROFR 9/25, passed ROFR 10/29, closing docs received 11/24)
 
OK, time to join the closings thread!


Home: AKL
Broker: dvcstore.com
Title Company: Mason
Offer made: 11/18/2020
Offer accepted: 11/18/2020
Sent to ROFR: 11/20/2020
Passed ROFR: 11/27/2020
Closing docs received:
Closing docs returned:
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:



We are dying to get our contract closed ASAP and finally be official DVC members!
 
My turn to jump in! First contract!
I don't get points until 2022, but I also don't pay MF until then, so..... I'M JUST HAPPY TO BE HERE.

Home: SSR
Broker: www.dvcresalemarket.com
Title Company: Jeffrey C. Sweet
Offer Made: 11/08/2020
Offer Accepted: 11/08/2020
Sent to ROFR: 11/13/2020
Passed ROFR: 11/23/2020
Closing Docs received: 12/16/2020
Closing Docs returned: 12/17/2020
Closing Docs/payment filed: 12/23/2020
Closed: 12/23/2020
Deed Recorded: 12/28/2020
New Membership account: TBD
Points in account: June 2022 ;)
 
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It has been a slow process but we are almost there!
Home: VGF
Broker: www.fidelityresales.com
Title Company: FATC
Offer made: 7/27/2020
Offer accepted: 7/27/2020
Sent to ROFR: 7/28/2020
Passed ROFR: 9/3/2020
Closing docs received: 9/25/2020
Closing docs returned: 10/2/2020
Seller returned closing docs: 11/13/2020
Closing: 11/17/2020
Deed recorded: 11.17/2020
Contract Showing on Membership: 11/27/2020
Points in account:
 
I'm so excited I've been dancing around the house - I was not expecting to get the login email today!
pixiedust::cool1::cheer2::banana:party:

Home Resort: BWV
Broker: www.dvcstore.com
Title Company: Mason Title
Offer made: 8/24/2020
Offer accepted: 8/25/2020
Signed contract docs: 8/25/2020
Seller signed contract docs: 9/4/2020
Sent to ROFR: 9/4/2020
ROFR answer: 10/19/2020 PASSED
Estoppel Received: 10/21/2020
Closing docs received: 10/27/2020
Closing docs returned: 10/27/2020
Sellers closing docs returned: 11/13/2020
Balance paid: 11/13/2020
Closing: 11/16/2020
Deed recorded: 11/17/2020
Contract Showing on Membership (new membership): 11/28/2020
Points in account:

Days in ROFR: 46 days
Passing ROFR to Closing: 29 days
Closing to New Account Set-up: 12 days

97 days and counting, but all that's left now is the points loading! :snail:
 
Home: CCV
Broker: www.*******.com
Title Company: TRCS, Inc.
Offer made: 10/22/2020
Offer accepted: 10/23//2020
Sent to ROFR: 10/25/2020
Passed ROFR: 11/11/2020
Closing docs received: 11/19/2020
Closing docs returned: 11/23/2020
Seller returned closing docs: ?
Closing: ? - I haven't heard from my broker yet; just noticed the deed recorded on the comptroller site today
Deed recorded: 11/30/2020
Contract Showing on Membership: ?
Points in account: ?

This is my second contract; broker told me to expect Disney to load points into my membership 10-14 days after the deed is recorded!
 
Day#82 - & there's a GLITCH !
Today I emailed Member Admin. to get a status.
Amazingly, they responded to my email within an hour.
However, the response was that there was an "error" in the Deed Recording, and they had sent an email to the Title Co. on 11/25.
So, I pretty much lost the entire Holiday Weekend with this sitting in Limbo.
I contacted the Title Company, and they also responded within an hour.
They (FATC) confirmed the error, and assured me they would be able to correct and have a new recording on 12/1.
That's a setback of 19 Days. I will follow up with them, to be sure, but now it does not look like I will wrap this up within the 90 Day window I had estimated, based on my previous resale experience.

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: 11/11/2020
Closing: 11/12/2020
Deed recorded: 11/12/2020 - Awaiting Correction -11/30/2020
Contract Showing on Membership:
Points in account:
 
Moving over to the Closing boards.

Home: Polynesian
Broker: www.**********.com
Title Company: ??
Offer made: 11/12/2020
Offer accepted: 11/13/2020
Sent to ROFR:11/14/2020
Passed ROFR: 11/24/2020 (11 days)
Estoppel:
Closing docs received:
Closing docs returned:
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
 
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: 11/30/2020 (20 days from Membership) This felt like the longest part of the journey!

We had 2 direct points of contact with MS in the last 2 weeks. On 11/17 we had our Welcome Home call. At that time, we asked the agent if there was anything she could do to facilitate loading the points. She asked if we intended to make a reservation in the immediate future. I answered truthfully, no, and she asked us to be patient as they were working hard to serve members with immediate needs, reminding me they had said it would take 10-14 days to load the points. Once the 14 day time frame had elapsed, I used the chat feature on the member site to ask again about the points and again I was asked if we intended to make a reservation immediately. Again, no...so again, "due to the current circunstances" the process was taking longer than usual. But if we needed to make a reservation, we should reach out. Anyway...finally done! So worth it to see those points. Gotta go play with the site now...

Total time from Offer to Points in Account: 96 days
 
Home: AKV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer Made: 10/5/2020
Offer Accepted: 10/6/2020
Sent to ROFR: 10/8/2020
Passed ROFR: 11/3/2020
Closing Docs received: 11/18/2020
Closing Docs returned: 11/30/2020
Seller Closing Docs Returned: 11/23/2020
Closed: 12/1/2020
Deed Recorded:
New Membership account:
Points in account:
 
Home: Saratoga Springs
Broker: www.DVCbyResale.com
Title Company: Mason Title & Escrow Company
Offer made: 10/11/2020
Offer accepted: 10/11/2020
Sent to ROFR: 10/15/2020
Passed ROFR: 10/29/2020
Closing docs received: 11/19/2020
Closing docs returned: 11/19/2020
Sellers closing docs returned: 11/30/2020
Closing: 12/01/2020
Deed recorded: 12/02/2020
Contract Showing on Membership:
Points in account:
 
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Back after being out a couple of days with Covid - and still no seller closing docs... so frustrating wiring all that money and having to wait.
 
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
Closing docs returned: 11/12/2020 (12 days)
Seller returned closing docs: ???
Closing: 11/16/2020
Deed recorded: 11/18/2020 (6 days)
Contract Showing on Membership: 12/01/2020 (13 days)
Points in account: TBD

So close, yet so far... 73 days so far (68 from sending to ROFR) looking at some other folks at 100 days + I’m feeling quite lucky xxx
 
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Update... Closed!!!!

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:12/1/2020
Closing:12/2/2020
Deed recorded:
Contract Showing on Membership:
Points in account:
 

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