Closing Time!!

[Tink10]

Another Update:

Home: Vero
Broker: The Timeshare Store
Title Company: Mason title
Offer made: 5/31/19
Offer accepted: 5/31/19
Sent to ROFR: 6/04/19
Passed ROFR: 6/21/19
Closing docs received: 6/26/19
Closing docs returned: 6/26/19 (Received by Mason 6/28)
Funds sent: 6/26/19
Seller signed closing docs: ?
Closing: 6/28
Deed recorded on the Indian River site: 6/28

(Now we wait)

Received Onetime Activation Code:
Contract Visible on member site:
Points in my account: -

 

[Suzabella]

Another update...

Home: BRV
Broker: DVC Sales
Title Company: Mason Title
Offer made: 5/27/19
Offer accepted: 5/27/19
Sent to ROFR: 5/28/19
Passed ROFR: 6/12/19
Closing docs received: 6/12/19
Closing docs returned: 6/17/19 (we were out of the country when docs were sent)
Funds sent: 6/17/19
Seller returned closing docs: 6/17/19
Closing: 6/21/19
Deed recorded on OC site: 6/21/19
Received E-mail with one-time code: ??
Contract Visible on member site: 7/1/19
Received welcome letter: ??
Points in my account: ??

Progress!!

 

[denecarter]

Already a member.

First and final info...

Home: AUL
Broker: Fidelity (Bonnie Krampe)
Title Company: Timeshare Title, Inc.
Offer made: 4/10/19
Offer accepted: 4/10/19
Sent to ROFR: 4/17/19
Passed ROFR: 5/7/19
Closing docs received: 5/23/19
Closing docs returned: 5/28/19 (received)
Funds sent: 5/28/19 (received)
Seller returned closing docs: 6/10/19 (received)
Closing: 6/10/19
Deed recorded: 6/10/19
Contract Visible on member site: 6/21/19
Received welcome letter: by 6/28/19 (came while I was on a trip)
Points in my account: 7/1/19

 

[chicagoshannon]

Update:
Home: AKV
Broker: Fidelity (Bonnie Krampe)
Title Company: First American
Offer made: 4/22/19
Offer accepted: 4/24/19
Sent to ROFR: 4/30/19 (buyer took a while to sign paperwork)
Passed ROFR: 5/14/19
Closing docs received: 6/5/19
Closing docs returned: 6/10/19
Funds sent: 6/10/19
Seller signed closing docs: 6/10/19 (they were there when ours got there)
Closing: 6/14/19
Deed recorded on OC site: 6/17/19
Received Onetime Activation Code: Didn't receive
Contract Visible on member site: 6/29/19
Points in my account: ?

 

[espov]

Hope this one is as quick as the last contract-- there are 100 points banked/borrowed that expire May 31, 2020--- want to book and hope to transfer at the 7 months to boardwalk or beach club if possible... lol

***2nd contract ***
Home: Poly
Broker: Resale by DVC
Title Company: Mason title
Offer made: 6/10/19
Offer accepted: 6/11/19
Sent to ROFR: 6/14/19
Passed ROFR: 7/2/19
Closing docs received: **
Closing docs returned:**
Funds sent: **
Seller signed closing docs: **
Closing: **
Deed recorded on OC site: **
Received Onetime Activation Code:**
Contract Visible on member site:**
Points in my account: **

 

[SomeImaginationHuh]

UPDATE ONE

Current Member

Home: BRV
Broker: Resales DVC (Rachel Thompson)
Title Company: Jeffrey Sweet
Offer made: 5/9/19
Offer accepted: 5/9/19
Sent to ROFR: 5/1019
Passed ROFR: 5/22/19 (delayed closing 8/3)
Closing docs received: ***
Closing docs returned: ***
Funds sent: ***
Seller returned closing docs: ***
Closing: ***
Deed recorded on OC site: ***
Received E-mail with one-time code: ***
Contract Visible on member site: ***
Received welcome letter: ***
Points in my account: ***

Home: BLT
Broker: DVC Shop (Bee Thaxton)
Title Company: TRCS
Offer made: 6/6/19
Offer accepted: 6/6/19
Sent to ROFR: 6/10/19
Passed ROFR: 7/3/19
Closing docs received: ***
Closing docs returned: ***
Funds sent: ***
Seller returned closing docs: ***
Closing: ***
Deed recorded on OC site: ***
Received E-mail with one-time code: ***
Contract Visible on member site: ***
Received welcome letter: ***
Points in my account: ***

 

[moxiemom]

Looks like you had multiple reasons for big delay. First was 3 weeks to get closing documents from First American and then wrong use year and then delay in seller returning documents. Wonder if this delay was also fault of First American?

It was a comedy of errors, nothing seemed to go as planned.... If I'm ever in the position to add on again, I'll just buy okw direct. No stress, no fuss and instant access to points.

 

[badeacon]

Looks like you had multiple reasons for big delay. First was 3 weeks to get closing documents from First American and then wrong use year and then delay in seller returning documents. Wonder if this delay was also fault of First American?

It was a comedy of errors, nothing seemed to go as planned.... If I'm ever in the position to add on again, I'll just buy okw direct. No stress, no fuss and instant access to points.

Me DH DS18 DS15 DS13 DD11: DD4

I just received my closing documents from First American on 7/1 which passed ROFR 6/7. That is too long according to multiple sources from other closing companies and I received closing documents from another closing company same day as passing ROFR. I know I will request another closing company and refuse to use First American on future resales.

 

[espov]

It was a comedy of errors, nothing seemed to go as planned.... If I'm ever in the position to add on again, I'll just buy okw direct. No stress, no fuss and instant access to points.

Me DH DS18 DS15 DS13 DD11: DD4

I just received my closing documents from First American on 7/1 which passed ROFR 6/7. That is too long according to multiple sources from other closing companies and I received closing documents from another closing company same day as passing ROFR. I know I will request another closing company and refuse to use First American on future resales.

Mason title sent me closing docs same day as ROFR came through. The closing would have been faster had I just taken my package to fedex instead of Walgreens. Lesson learned but for add on contract o requested mason title again just got my ROfR on the 2nd but no closing docs yet. Lol

 

[dstemm]

Mason title sent me closing docs same day as ROFR came through. The closing would have been faster had I just taken my package to fedex instead of Walgreens. Lesson learned but for add on contract o requested mason title again just got my ROfR on the 2nd but no closing docs yet. Lol

How much are closing cost usually for these types of transactions?

 

[badeacon]

Home: PVB
Broker: GardenViews (resales )(Rachel Thompson)
Title Company: Jeffrey CSweet
Offer made: 5/18
Offer accepted: 5/18
Sent to ROFR: 5/22
Passed ROFR: 6/12
Closing docs received: 6/12
Closing docs returned: 6/19 (dw was out of town)
Funds sent: 6/19
Seller returned closing docs: 6/26
Closing: 7/2
Deed recorded: 7/3
Contract Visible on member site:
Received welcome letter:
Points in my account:

 

[espov]

How much are closing cost usually for these types of transactions?

Just check my closing cost for 50 pts contract is about 600

 

[Suzabella]

Ours was about the same for 150pts.

 

[dstemm]

Just check my closing cost for 50 pts contract is about 600

That makes sense. I just pulled the trigger on 160 points and they said $644 for closing costs.

 

[chicagoshannon]

Final Update:
Home: AKV
Broker: Fidelity (Bonnie Krampe)
Title Company: First American
Offer made: 4/22/19
Offer accepted: 4/24/19
Sent to ROFR: 4/30/19 (buyer took a while to sign paperwork)
Passed ROFR: 5/14/19
Closing docs received: 6/5/19
Closing docs returned: 6/10/19
Funds sent: 6/10/19
Seller signed closing docs: 6/10/19 (they were there when ours got there)
Closing: 6/14/19
Deed recorded on OC site: 6/17/19
Received Onetime Activation Code: 7/6/2019 (but didn't need as contract was already there
Contract Visible on member site: 6/29/19
Points in my account: 7/6/2019

 

[Tink10]

Another Update, but this is odd. This Vero contract is deeded differently and has a different UY than our existing SSR contract. I was told that I'd need to create a completely different DVC login to access this account. I just logged in this morning and they added it to my existing DVC account. It also has a different contract number than what's on the closing docs.

Not too bad...38 days from offer to contract showing in account

Home: Vero
Broker: The Timeshare Store
Title Company: Mason title
Offer made: 5/31/19
Offer accepted: 5/31/19
Sent to ROFR: 6/04/19
Passed ROFR: 6/21/19
Closing docs received: 6/26/19
Closing docs returned: 6/26/19 (Received by Mason 6/28)
Funds sent: 6/26/19
Seller signed closing docs: ?
Closing: 6/28
Deed recorded on the Indian River site: 6/28
Received Onetime Activation Code: Did not receive, contract showing in existing account
Contract Visible on member site: 7/8

(Now we wait again)

Points in my account: -

 

[Suzabella]

And another update...

Home: BRV
Broker: DVC Sales
Title Company: Mason Title
Offer made: 5/27/19
Offer accepted: 5/27/19
Sent to ROFR: 5/28/19
Passed ROFR: 6/12/19
Closing docs received: 6/12/19
Closing docs returned: 6/17/19 (we were out of the country when docs were sent)
Funds sent: 6/17/19
Seller returned closing docs: 6/17/19
Closing: 6/21/19
Deed recorded on OC site: 6/21/19
Received E-mail with one-time code: ??
Contract Visible on member site: 7/1/19
Received welcome letter: 7/8/2020
Points in my account: ??

 

[Brett Wyman]

Just starting today. Waiting on contract.

Home: AKV
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 6/24/19
Offer accepted: 6/24/19
Sent to ROFR: 06/26/19
Passed ROFR:
Closing docs received:
Closing docs returned:
Funds sent:
Seller returned closing docs:
Closing:
Deed recorded on OC site:
Received E-mail with one-time code:
Contract Visible on member site:
Received welcome letter:
Points in my account:

ROFRd

 

[Suzabella]

Final update!!

Home: BRV
Broker: DVC Sales
Title Company: Mason Title
Offer made: 5/27/19
Offer accepted: 5/27/19
Sent to ROFR: 5/28/19
Passed ROFR: 6/12/19
Closing docs received: 6/12/19
Closing docs returned: 6/17/19 (we were out of the country when docs were sent)
Funds sent: 6/17/19
Seller returned closing docs: 6/17/19
Closing: 6/21/19
Deed recorded on OC site: 6/21/19
Received E-mail with one-time code: ??
Contract Visible on member site: 7/1/19
Received welcome letter: 7/8/2019
Points in my account: 7/9/2019

6 weeks from start to finish! Very glad to be on this side of it.

 

[Brett Wyman]

Try #2!

Home: AKV
Broker: DVC Resale Market
Title Company: Magic Vacation Title
Offer made: 7/08/19
Offer accepted: 7/08/19
Sent to ROFR: 07/09/19
Passed ROFR:
Closing docs received:
Closing docs returned:
Funds sent:
Seller returned closing docs:
Closing:
Deed recorded on OC site:
Received E-mail with one-time code:
Contract Visible on member site:
Received welcome letter:
Points in my account: