Closing Time!!

ICEMAN3205

Earning My Ears
Joined
Jan 12, 2020
Once your contract passes the closing date, you, as the buyer, can walk away and get your deposit back. Sellers have until that date to get the documents in.

Since that date is passed, you have a tough decision to make. Canceling starts the process over. Not having the ability to book a trip for another month or so may make these deal not such a good deal if you end up not getting to book what you want.

When we were faced with this decision...seller had not yet returned after almost a month...we told the title company and broker we were walking, even if it meant losing the deposit. We gave them 2 more weeks to close (which was still within the window) or we would not be sending the funds and walking away.

The next day, the seller's documents arrived, and we closed on time. Good luck!
I told the closing agent I would give them one more week. They said”..on 8/25 the documents were with the notary” I know by going resale these are the issues I signed up for, but I am becoming so disenfranchised already and I haven’t even dealt with MS yet.
 

FSUSammy

DIS Veteran
Joined
Oct 27, 2008
I told the closing agent I would give them one more week. They said”..on 8/25 the documents were with the notary” I know by going resale these are the issues I signed up for, but I am becoming so disenfranchised already and I haven’t even dealt with MS yet.
So they couldn't confirm that the documents have actually been notarized OR are actually en route back to the closing agent?
 

ICEMAN3205

Earning My Ears
Joined
Jan 12, 2020
So they couldn't confirm that the documents have actually been notarized OR are actually en route back to the closing agent?
Apparently not. The agent sent a follow up email today. Waiting…. It’s not like we are talking East Asia, it’s England and a 5 hour time difference.
 

FSUSammy

DIS Veteran
Joined
Oct 27, 2008
Apparently not. The agent sent a follow up email today. Waiting…. It’s not like we are talking East Asia, it’s England and a 5 hour time difference.
I would hound them every single day until you get an update, if you want to stick this one out. But I also have ZERO patience lol
 

ForWhomTheMouseTolls

Mouseketeer
Joined
Feb 22, 2020
Home Resort: AUL
Broker: www.dvcresalemarket.com
Title Company: First American
Offer made: 5/16/2021
Offer accepted: 5/17/2021
Sent to ROFR: 5/20/2021
Passed ROFR: 6/10/2021
Estoppel Received: 6/14/2021
Closing docs received: 6/14/2021
Closing docs returned: 6/20/2021
Sellers closing docs returned: 6/20/2021
Funds wired: 7/27/2021
Closing: 8/3/2021
Deed recorded: 8/3/2021
Contract Showing on Membership: 9/1/2021
Points in account:
 

mrsclark

DIS Veteran
Joined
May 16, 2013
Update!

BCV 1 of 2
Home: BCV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/10/21
Passed ROFR: 6/30/21
Estoppel Received: 7/09/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21
Sellers closing docs returned: 7/20/21
Funds Wired: 7/20/21
Closing: 7/22/21
Deed recorded: 07/27/2021
Contract Showing on Membership (new member): 8/25/21
Points in account: 9/2/21

Total Days: 89

BCV 2 of 2

Home: BCV
Broker: www.****************.com
Title Company: Mason
Offer made: 6/18/21
Offer accepted: 6/18/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/15/21
Closing docs returned: 7/16/21
Sellers closing docs returned: 7/30/21
Funds Wired: 7/30/21
Closing: 8/3/21
Deed recorded: 8/4/21
Contract Showing on Membership:
Points in account:

Hooray! First contract is finally finished!!!!
 

kandlsutton

Mouseketeer
Joined
May 22, 2019
Update and the next wait begins…

Home: CCV
Broker: www.dvcresalemarket.com
Title Company: Mason Title
Offer made: 7/26/21
Offer accepted: 7/26/21
Sent to ROFR: 7/29/21
Passed ROFR: 8/26/21
Estoppel Received: 8/26/21
Closing docs received: 8/27/21
Closing docs returned: 8/28/21
Sellers closing docs returned: 8/30/21
Funds wired/received: 8/31/21
Closing: 9/02/21
Deed recorded: 9/03/21
Contract Showing on Membership:
Points in account:
 
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CWTC

Mouseketeer
Joined
Aug 25, 2021
Update to this....they had accidentally created me a new membership and the first person I spoke to at member services missed it. They are now combined and all is well.
So if they do that its fixable? We have resale -> direct (bought direct after resale, all same UY) and are in the process of closing on a resale (same UY). We have been worried about a lot of things but this was one of them. I assumed it was unfixable. Sorry this happened to you but good to know it can be fixed - thank you for the information.
 
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scheddj

Take that Tag Fairy - I made my own!!
Joined
Mar 14, 2006
Final update:

Home Resort: BWV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: June10
Offer accepted: June 10
Sent to ROFR: June 14
Passed ROFR: June 30
Estoppel received: July 8
Closing docs received: July 16
Closing docs returned: July 16
Funds wired: July 19
Sellers closing docs returned: July 26
Closing: July 27
Deed recorded: July 28
Membership created & contract showing: August 28
Points in account: September 4

86 days total
 

LadybugsMum

DIS Veteran
Joined
Jun 18, 2020
Final update:

Home Resort: BWV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: June10
Offer accepted: June 10
Sent to ROFR: June 14
Passed ROFR: June 30
Estoppel received: July 8
Closing docs received: July 16
Closing docs returned: July 16
Funds wired: July 19
Sellers closing docs returned: July 26
Closing: July 27
Deed recorded: July 28
Membership created & contract showing: August 28
Points in account: September 4

86 days total
Did you have to call to get the points loaded?
 

ILoveMyDVC

DIS Veteran
Joined
Aug 24, 2000
I finally got my points that were posted on the comptroller site on 7/30 by sending an email. I called MS 2 days later to get the points loaded rather than wait an additional quoted 7-10 days. MS was SUPER! They were VERY understanding about having had waited 5 weeks and after a very long wait they loaded the points.
 

LilyJC

DIS Veteran
Joined
Jun 3, 2017
Home Resort: Bay Lake
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/24/21
Passed ROFR: 7/28/21
Closing docs received: 8/2/21
Closing docs returned: 8/2/21
Sellers docs returned: 8/6/21
Funds wired: 8/6/21
Closing: 8/9/21
Deed recorded: 8/10/21
Contract Showing on Membership: 9/5/21
Points in account:

Someone was working late! Received the email at 8:45pm PST, and the contract wasn’t there ~ 2 hours earlier.
 

HappyThoughtsTees

Mouseketeer
Joined
Jul 15, 2020
Home: VGC
Broker: www.dvcresalemarket.com
Title: https://www.firstam.com
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/7/21
Passed ROFR: 6/30
Estoppel received: 7/9/21
Closing docs received: 7/30/21
Closing docs returned: 7/30/21
Seller returned closing docs: 8/3/21
Closing: 8/6/21
Deed recorded: 8/6/21
Contract Showing on Membership: 9/6/21
Points in account:


Home: VGC
Broker: www.dvcresalemarket.com
Title: https://www.firstam.com
Offer made: 6/6/21
Offer accepted: 6/6/21
Sent to ROFR: 6/7/21
Passed ROFR: 6/30/21
Estoppel received: 7/9/21
Closing docs received: 7/30/21
Closing docs returned: 7/30/21
Seller returned closing docs: 8/3/21
Closing: 8/6/21
Deed recorded: 8/6/21
Contract Showing on Membership: 9/6/21
Points in account:
 

Nolefan1984

Earning My Ears
Joined
Jun 26, 2019
Home Resort: Bay Lake
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/24/21
Passed ROFR: 7/28/21
Closing docs received: 8/2/21
Closing docs returned: 8/2/21
Sellers docs returned: 8/6/21
Funds wired: 8/6/21
Closing: 8/9/21
Deed recorded: 8/10/21
Contract Showing on Membership: 9/5/21
Points in account:

Someone was working late! Received the email at 8:45pm PST, and the contract wasn’t there ~ 2 hours earlier.
8/10 is when my deed was recorded. I see the light at the end of the tunnel!
 

FSUSammy

DIS Veteran
Joined
Oct 27, 2008
Home Resort: Bay Lake
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/24/21
Passed ROFR: 7/28/21
Closing docs received: 8/2/21
Closing docs returned: 8/2/21
Sellers docs returned: 8/6/21
Funds wired: 8/6/21
Closing: 8/9/21
Deed recorded: 8/10/21
Contract Showing on Membership: 9/5/21
Points in account:

Someone was working late! Received the email at 8:45pm PST, and the contract wasn’t there ~ 2 hours earlier.
Yours is the closets I've seen to our recorded date for BLT lol we recorded on 8/11. Hoping to see something this week from them :)
 

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