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Old 05-02-2013, 07:55 AM   #1
goofydad621
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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
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Old 05-02-2013, 08:23 AM   #2
Minniesgal
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2-3 weeks depending on circumstances.
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Old 05-02-2013, 08:29 AM   #3
goofydad621
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Great info thanks
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Old 05-02-2013, 08:37 AM   #4
cm8
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Quote:
Originally Posted by goofydad621 View Post
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
my original closing date was the 24th of April. It did not even take that long 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
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Old 05-02-2013, 08:41 AM   #5
Minniesgal
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Quote:
Originally Posted by cm8 View Post
my original closing date was the 24th of April. It did not even take that long 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
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.
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Old 05-02-2013, 09:30 AM   #6
cm8
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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.
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Old 05-03-2013, 11:13 PM   #7
Pirate Granny
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Pass ROFR on Tuesday...waiting on closing docs..offered accepted on the 3rd, Passed ROFR on the 30th....
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Old 05-04-2013, 08:46 AM   #8
cm8
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Pass ROFR on Tuesday...waiting on closing docs..offered accepted on the 3rd, Passed ROFR on the 30th....
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Old 05-04-2013, 09:38 AM   #9
lchute1158
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I passed rofr on Monday and got the closing docs Friday... And fedex them back Friday afternoon.
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Old 05-04-2013, 10:58 AM   #10
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Originally Posted by goofydad621 View Post
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
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 - 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!
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Old 05-04-2013, 11:06 AM   #11
Minniesgal
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We were notified about ROFR three weeks ago today but are still waiting for the sellers to return documents so we can close.
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Old 05-04-2013, 01:03 PM   #12
NoleFan
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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.
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Old 05-04-2013, 07:56 PM   #13
wordwitt
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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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