Closing Time!!

Moore144 said:
Finally got my closing docs. It took over a month!
Home: PVB
Offer made: 8/10
Offer countered & accepted: 8/11
Sent to ROFR: 8/14
Passed ROFR: 8/23
Closing docs received: 9/26
Closing docs sent back: 9/27
Closing: 10/3
Deed recorded: 10/3
Called and got Member #: 10/11
Points in my account: 10/11

Got the email that I closed today!!! Deed recorded today too :)

*Update*
I'm all done!!!! I just closed on Oct 3rd so I took a chance and called today and got my membership number and activation code from the nicest person in Member Services (not even member administration)! And all my points are there! I'm so excited and relieved to be done! Good luck to all who are waiting!
Click to expand...
 
Last edited:
MikeRx said:
Ours were received by Disney on the 29th as well! The member administrator with whom I spoke wasn't as specific regarding the date they were processing, so this is great "new" news. It looks like they get one day processed at a time give or take...I may call tomorrow as my Friday is crazy as we get ready to leave Saturday for the Poly. Inching closer to "done".
Mike
Click to expand...

Are you calling today? I'm curious to hear if your's is ready.
 
Still waiting!! I'm going crazy. Closing documents sent back 9/28 and received by title company 9/29

Still no word on closing.
 


Moore144 said:
Magic Vacation Title

I bought through DVC Resale Market, and the email letting me know that I closed came from them.
Click to expand...
That's who I also bought from so i am anxiously waiting. Our accepted offer was on August 15 so I'm hoping we get word we closed really soon.
 


Lindsay's4littles said:
That's who I also bought from so i am anxiously waiting. Our accepted offer was on August 15 so I'm hoping we get word we closed really soon.
Click to expand...

Good luck! I think it all depends on how soon the sellers get their paperwork in. Looks like mine got theirs in the day after I did, so that helped.
 
This is our first DVC contract. We are super excited that we finally decided to buy. We sent back our closing documents on the 27th over night delivery. Tracking number said they received it on the 28th. We are also still waiting, and I realized I have no patience! This thread is great for getting an idea of what's going on. Thanks :)
 
Have two contracts about to close. Both were great experiences overall but my BLT contract moved SUPER fast:

BWV
DVC Resale Market
Magic Vacation Title
8/21 Offer accepted
8/23 Sent to ROFR
9/5 Passed ROFR
10/3 Closing docs received
10/4 Closing docs returned
... Closing docs returned by seller
... CLOSED!
... Deed recorded on OCC site
... Contract showed up in existing account
... Points loaded into account

BLT
Resales DVC
JCS, Attorney at Law
9/10 Offer accepted
9/14 Sent to ROFR
9/28 Passed ROFR
10/4 Closing docs received
10/4 Closing docs returned
... Closing docs returned by seller
... CLOSED!
... Deed recorded on OCC site
... Contract showed up in existing account
... Points loaded into account

Just got to wait for the sellers to return their docs. SO CLOSE!!!
 
Lindsay's4littles said:
That's who I also bought from so i am anxiously waiting. Our accepted offer was on August 15 so I'm hoping we get word we closed really soon.
Click to expand...

Do you know if the seller returned their portion of the closing docs? That was my big delay. Once those arrived yesterday American Title said just 2-4 business days to close.

Can anyone tell me are y'all just checking the OC site to see if the deed is recorded or is the title company telling you? Also does Disney send us a letter? Is that when you know to call and get your membership number?
 
My saga continues, paperwork is missing and they need to wait to receive it from the sellers
 
amjrsj said:
Do you know if the seller returned their portion of the closing docs? That was my big delay. Once those arrived yesterday American Title said just 2-4 business days to close.

Can anyone tell me are y'all just checking the OC site to see if the deed is recorded or is the title company telling you? Also does Disney send us a letter? Is that when you know to call and get your membership number?
Click to expand...
I do not know now if the seller has returned their portion of the documents. No one from DVC resale market nor magic vacation title is keeping me informed. If I get information it's because I reached out. Frustrating to say the least especially since the money left our account 1 week ago.
 
prouddaddycdn said:
I never realized how impatient I am as an individual until this DVC resale process. Closing seems to be taking forever since we passed ROFR back on August 20th and have yet to close.

We received our closing documents back on Sept 19th, returned the documents and wired money back on Sept 20th and the seller hasn't bothered to return their document as of yet, despite being 8 days later.

Our contract states closing must occur by October 18th so I know there is still plenty of time to get the deal done however this seller just doesn't seem to be motivated to move things along. We are constantly pushing them along at each stage which I find very frustrating.

We have let the agent and the title company know that should closing fail to complete by October 18th, we will not extend out the date and expect our full money back including deposit. I honestly would rather buy direct again rather than deal with this type of drama.

Can someone clarify what "closing" actually means in the resale contract? Does that mean the deed needs to be recorded or is it just when the seller signs their documents and money is released to them?

Thanks.
Mark
Click to expand...

Well the wait continues :(

We are still waiting on the sellers to send back their closing documents. Our agent has been great to deal with but there is only so much she can do to move things along.

We will hopefully close by October 18th as mandated in the agreement but I must say that this is the one and only time I will buy resale. Months of waiting and guessing aren't worth the initial savings over buying new to me and my family.

Our next purchase will likely be BWV or CCV sometime next year.
 
prouddaddycdn said:
Well the wait continues :(

We are still waiting on the sellers to send back their closing documents. Our agent has been great to deal with but there is only so much she can do to move things along.

We will hopefully close by October 18th as mandated in the agreement but I must say that this is the one and only time I will buy resale. Months of waiting and guessing aren't worth the initial savings over buying new to me and my family.

Our next purchase will likely be BWV or CCV sometime next year.
Click to expand...
Wow I am so sorry to hear you are still waiting! I am hoping that the sellers send the documents back asap and you can close before your set date. Good for you being firm and letting your agent know what to except if you do not close by the 18th.

Sending you lots of pixie dust.

The title company will have had our documents for 1 week tomorrow and still have not closed. I don't even know if they have received the sellers documents. They are not keeping me up to date at all.
 
Lindsay's4littles said:
I do not know now if the seller has returned their portion of the documents. No one from DVC resale market nor magic vacation title is keeping me informed. If I get information it's because I reached out. Frustrating to say the least especially since the money left our account 1 week ago.
Click to expand...

I feel your pain. We wired the funds to *** on September 20th and are still waiting on the sellers to send back closing docs.

Oops - I see you posted a response while I was responding :)

We simply keep emailing our agent and the title company every few days to see what is going on. I have read about how some sellers aren't closing as prices have gone up but I would rather offer the seller an out than wait for the agreement to expire so that I can purchase something else new now.

Hoping you close soon as well.
 
prouddaddycdn said:
I feel your pain. We wired the funds to *** on September 20th and are still waiting on the sellers to send back closing docs.

Oops - I see you posted a response while I was responding :)

We simply keep emailing our agent and the title company every few days to see what is going on. I have read about how some sellers aren't closing as prices have gone up but I would rather offer the seller an out than wait for the agreement to expire so that I can purchase something else new now.

Hoping you close soon as well.
Click to expand...
We sent ours back September 28. You know what I haven't spoken with my actual DVC agent since my accepted offer on the 15th of August. I think it's time I bug him a little lol

I think I'm going to email him right now to see if he can find out any information on our closing!
 
You must log in or register to reply here.

Share this page


GET A DISNEY VACATION QUOTE

Dreams Unlimited Travel is committed to providing you with the very best vacation planning experience possible. Our Vacation Planners are experts and will share their honest advice to help you have a magical vacation.

Let us help you with your next Disney Vacation!


New DISboards Threads

B
Discount for renewing my AP?
Replies
1
Views
2
gottalovepluto
gottalovepluto
LILJAN59
Scooter assembly
Replies
0
Views
1
LILJAN59
LILJAN59
JackosinDIS
Bay Lake Tower refurb dates
Replies
1
Views
2
nerdboyrockstar
nerdboyrockstar
P
Typhoon Lagoon solo
Replies
2
Views
61
brad813
brad813
P
Credit in my Cruise Planner
Replies
2
Views
69
Grankm21
G
M
Tolls, should we get a toll pass?
Replies
2
Views
53
Stratman50th
Stratman50th
NEWS & UPDATES
DVC INFORMATION
DVC POINT CHARTS
DVC RESALES
DVC RENTALS
DVC LENDING


Latest posts










facebook twitter
Top