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-   -   how long does it take after ROFR to Close? (http://www.disboards.com/showthread.php?t=3105256)

goofydad621 05-02-2013 07:55 AM

how long does it take after ROFR to Close?
 
I was just wondering how long it takes from the ROFR step to actually closing and transfers of funds?

Thanks in advance

Dave Goofydad Dionne:goofy:

Minniesgal 05-02-2013 08:23 AM

2-3 weeks depending on circumstances.

goofydad621 05-02-2013 08:29 AM

Great info thanks

cm8 05-02-2013 08:37 AM

Quote:

Originally Posted by goofydad621 (Post 48275647)
I was just wondering how long it takes from the ROFR step to actually closing and transfers of funds?

Thanks in advance

Dave Goofydad Dionne:goofy:

my original closing date was the 24th of April. It did not even take that long:confused3 I closed 3 days after ROFR was waived. Here is my timeline

2/25 Offer accepted, contract emailed, received and sent back
3/01 Received message deposit was received
3/05 advised that contract was sent to ROFR
3/11 received escrow and closing info from ***
3/15 advised closing info (my file) were received via overnight mail
4/02 Passed ROFR
4/03 Deed filed
4/04 Closing Documents received via email
4/05 Closing documents overnight-ed with final payoff
4/09 Contacted by *** that escrow and account closed
4/11 Disney notified change of ownership completed
4/20 Disney recognizes us in system, calls as name was spelled two
ways, needed clarification. account created, member number issued
4/23 Set up DVC online account, booked first DVC visit
4/24 received member number with corrected info in mail
:yay:

Minniesgal 05-02-2013 08:41 AM

Quote:

Originally Posted by cm8 (Post 48276018)
my original closing date was the 24th of April. It did not even take that long:confused3 I closed 3 days after ROFR was waived. Here is my timeline

2/25 Offer accepted, contract emailed, received and sent back
3/01 Received message deposit was received
3/05 advised that contract was sent to ROFR
3/11 received escrow and closing info from ***
3/15 advised closing info (my file) were received via overnight mail
4/02 Passed ROFR
4/03 Deed filed
4/04 Closing Documents received via email
4/05 Closing documents overnight-ed with final payoff
4/09 Contacted by *** that escrow and account closed
4/11 Disney notified change of ownership completed
4/20 Disney recognizes us in system, calls as name was spelled two
ways, needed clarification. account created, member number issued
4/23 Set up DVC online account, booked first DVC visit
4/24 received member number with corrected info in mail
:yay:

you were lucky it took 7 days to get closing documents to me. I passed ROFR on the 13th of April and still haven't closed.

cm8 05-02-2013 09:30 AM

Quote:

Originally Posted by Minniesgal (Post 48276059)
you were lucky it took 7 days to get closing documents to me. I passed ROFR on the 13th of April and still haven't closed.

:scared1::scared1::hug:

Pirate Granny 05-03-2013 11:13 PM

Pass ROFR on Tuesday...waiting on closing docs..offered accepted on the 3rd, Passed ROFR on the 30th....:banana:

cm8 05-04-2013 08:46 AM

Quote:

Originally Posted by Pirate Granny (Post 48293576)
Pass ROFR on Tuesday...waiting on closing docs..offered accepted on the 3rd, Passed ROFR on the 30th....:banana:

:wave2:pixiedust::cheer2::dance3:

lchute1158 05-04-2013 09:38 AM

I passed rofr on Monday and got the closing docs Friday... And fedex them back Friday afternoon.

dbs1228 05-04-2013 10:58 AM

Quote:

Originally Posted by goofydad621 (Post 48275647)
I was just wondering how long it takes from the ROFR step to actually closing and transfers of funds?

Thanks in advance

Dave Goofydad Dionne:goofy:

We passed ROFR (I am the seller) on 3/27 closed on 4/24 and the points are still sitting in my account. We are waiting for the funds - :coffee: I was told that the funds will not be sent until point transfer is done. I wish Disney would hurry up and take the points so I can get the cash!

Minniesgal 05-04-2013 11:06 AM

We were notified about ROFR three weeks ago today but are still waiting for the sellers to return documents so we can close.

NoleFan 05-04-2013 01:03 PM

We passed ROFR approx. 2 weeks ago & got our closing documents soon after. Returned ours along with check & now waiting over a week for sellers to return theirs. Very frustrating.

wordwitt 05-04-2013 07:56 PM

I bought two resale contracts. In both cases, closing paperwork was sent to me within 3 days after passing ROFR. One of my contracts has closed, and the other, 2 weeks later, is still missing seller's paperwork. It was interesting because the sellers of my first contract had the paperwork in before me! And I thought I was pretty speedy. (Through TSS and Magic Vacation Title)


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