Closing Time!! 2021 Edition

MissPixieDreamer

Earning My Ears
Joined
Apr 19, 2018
Finally closed!

Home Resort: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 4/14/2021
Offer accepted: 4/14/2021
Sent to ROFR: 4/16/2021
Passed ROFR: 5/10/2021
Estoppel Received: 6/02/2021
Closing docs received: 6/04/2021
Closing docs returned: 6/04/2021
Sellers closing docs returned: 6/9/2021
Funds wired: 6/9/2021
Closing: 6/10/2021 <--- 57 days from offer accepted
Deed recorded:
Contract Showing on Membership:
Points in account:
 

Nie0214

DIS Veteran
Joined
Jun 19, 2008
And done!

Home: SSR
Broker: https://www.dvcstore.com/
Title Company: Mason Title & Escrow
Offer made: 3/23/21
Offer accepted: 3/23/21
Sent to ROFR: 3/26/21
Passed ROFR: 4/20/21
Estoppel Received:
Closing docs received: 5/3/21
Closing docs returned: 5/11/21
Sellers closing docs returned: 5/20/21 (they used a family member as a witness and needed to resign)
Closing: 5/25/21
Deed recorded: 5/26/21
Membership created and contract showing: 6/9/21
Points in account: 6/11/21
Total time from offer to points in account: 80 days
 

Sandisw

DVC Forums
Moderator
Joined
Nov 15, 2008
Hi all. Just a friendly reminder that we require the link to be posted, so please be sure to have it show as an actual link to ensure the filter does its job,

I know sometimes newer members can’t get it to work, so in those cases, leave it blank. Please do not put the name,

Also a gentle reminder that when a brokers website is filtered, you may not include comments, such as names, etc, that give clues for others,
 

cmarsh31

DIS Veteran
Joined
Sep 5, 2015
Home: AKV
Broker: https://www.fidelityrealestate.com/
Title Company: Mason Title
Offer made: 2/26/21
Offer accepted: 2/27/21
Sent to ROFR: 3/5/2021
Passed ROFR: 3/29/2021
Estoppel Received:
Closing docs received: 4/2/2021
Closing docs returned: 4/2/2021 (check sent 5/24/2021)
Sellers closing docs returned: 5/28/2021 (recvd 6/2)
Closing: 6/3
Deed recorded: 6/4!!!
Contract Showing on Membership:
Points in account:

Ugg. I should NOT have looked back at our 2017 Closing Time post... Closing to points in account (new account created!) was SEVEN days! Now I'm just hoping it's less than a month...
Home: AKV
Broker: https://www.fidelityrealestate.com/
Title Company: Mason Title
Offer made: 2/26/21
Offer accepted: 2/27/21
Sent to ROFR: 3/5/2021
Passed ROFR: 3/29/2021
Estoppel Received:
Closing docs received: 4/2/2021
Closing docs returned: 4/2/2021 (check sent 5/24/2021)
Sellers closing docs returned: 5/28/2021 (recvd 6/2)
Closing: 6/3
Deed recorded: 6/4
Contract Showing on Membership: 6/16
Points in account:
 

HIRyeDVC

Mouseketeer
Joined
Apr 17, 2021
Home: AKV
Broker: https://www.fidelityrealestate.com/
Title Company: Mason Title
Offer made: 2/26/21
Offer accepted: 2/27/21
Sent to ROFR: 3/5/2021
Passed ROFR: 3/29/2021
Estoppel Received:
Closing docs received: 4/2/2021
Closing docs returned: 4/2/2021 (check sent 5/24/2021)
Sellers closing docs returned: 5/28/2021 (recvd 6/2)
Closing: 6/3
Deed recorded: 6/4
Contract Showing on Membership: 6/16
Points in account:
That is a long wait for the closing docs to come back from the seller. At least your membership got set up pretty quickly after your deed recorded. Hope you get your points real soon!
 

cmarsh31

DIS Veteran
Joined
Sep 5, 2015
That is a long wait for the closing docs to come back from the seller. At least your membership got set up pretty quickly after your deed recorded. Hope you get your points real soon!
It was a disaster... there was an undisclosed reservation that was "discovered" after ROFR, that ended on May 31st. Love people who aren't honest...
 

HIRyeDVC

Mouseketeer
Joined
Apr 17, 2021
It was a disaster... there was an undisclosed reservation that was "discovered" after ROFR, that ended on May 31st. Love people who aren't honest...
That's terrible! Did you have a "No earlier than" closing date? You usually see that type of verbiage if there is an existing reservation. If not, the broker would be just as much to blame. Anyhow, glad it's done with and hopefully you'll get your points loaded soon. Have you tried calling MS to get the points? I've heard mixed views on that.
 

EatMoreVeg

Mouseketeer
Joined
Mar 24, 2019
Home Resort: RIV
Broker: www.dvcbyresale.com
Title Company: Jeffery C. Sweet
Offer made: 5/05/2021
Offer accepted: 5/07/2021
Sent to ROFR: 5/10/2021
Passed ROFR: 5/31/2021
Closing docs received: 6/10/2021
Closing docs returned: 6/10/2021
Seller closing docs returned: 6/15/2021
Deed recorded: 6/16/2021
Contract Showing on Membership:
Points on Account
 

cmarsh31

DIS Veteran
Joined
Sep 5, 2015
That's terrible! Did you have a "No earlier than" closing date? You usually see that type of verbiage if there is an existing reservation. If not, the broker would be just as much to blame. Anyhow, glad it's done with and hopefully you'll get your points loaded soon. Have you tried calling MS to get the points? I've heard mixed views on that.
Nope. It was apparently a surprise to the broker and us... but not the seller. I had them remove the $195 administration fee that Fidelity charges. Not sure if they just didn't do it, or it was deducted from the seller's proceeds. I had hoped to have the points for a reservation this month - and would have, if this hadn't occurred. Since that's no longer an option, I haven't called MS yet. No points on this UY anyway. If I don't see them in the next few days, I might call.
 

Sandisw

DVC Forums
Moderator
Joined
Nov 15, 2008
Home Resort: RIV
Broker: www.**********.com
Title Company: Mason Title
Offer made: 5/25/2021
Offer accepted: 5/25/2021
Sent to ROFR: 5/26/2021
Passed ROFR: 6/15/2021
Estoppel Received: ????
Closing docs received 6/16/2021
Closing docs returned: 6/16/2021
Sellers closing docs returned:
Funds wired:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

Guess the contract I am buying is faster than the contract I am selling! Can't believe closing documents in less than 24 hours!
 

BigDaddyLaBouff

Earning My Ears
DVC Gold
Joined
May 4, 2017
I closed 4/28 but my deed didn’t record until 4/30. Contract was showing in my account yesterday (5/17) so just waiting on points to load. Hopefully you will hear something today
I also have a new resale contract showing in my account but no points loaded on it. How long did it take for your points to load? Did you have to call?
 

cmarsh31

DIS Veteran
Joined
Sep 5, 2015
Home: AKV
Broker: https://www.fidelityrealestate.com/
Title Company: Mason Title
Offer made: 2/26/21
Offer accepted: 2/27/21
Sent to ROFR: 3/5/2021
Passed ROFR: 3/29/2021
Estoppel Received:
Closing docs received: 4/2/2021
Closing docs returned: 4/2/2021 (check sent 5/24/2021)
Sellers closing docs returned: 5/28/2021 (recvd 6/2)
Closing: 6/3
Deed recorded: 6/4
Contract Showing on Membership: 6/16
Points in account:
Home: AKV
Broker: https://www.fidelityrealestate.com/
Title Company: Mason Title
Offer made: 2/26/21
Offer accepted: 2/27/21
Sent to ROFR: 3/5/2021
Passed ROFR: 3/29/2021
Estoppel Received:
Closing docs received: 4/2/2021
Closing docs returned: 4/2/2021 (check sent 5/24/2021)
Sellers closing docs returned: 5/28/2021 (recvd 6/2)
Closing: 6/3
Deed recorded: 6/4
Contract Showing on Membership: 6/16 (existing member)
Points in account: 6/17 (called, 38 minutes on hold, 15 minutes to load)

111 days - should have been done in April, had seller not failed to disclose a (rental) reservation that didn't end until May 31st. - BUT, points are in my account now, we saved a LOT of $$$, and other than having to pay cash for one night for our vacation in 9 days, it all worked out fine.
 

nicstress

Earning My Ears
Joined
Apr 17, 2014
Home Resort: AUL
Broker: www.dvcresalemarket.com
Title Company: First American
Offer made: 6/5/2021
Offer accepted: 6/7/2021
Sent to ROFR: 6/10/2021
Passed ROFR:
Estoppel Received:
Closing docs received:
Closing docs returned:
Sellers closing docs returned:
Funds wired:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:
 

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