DVC RESALES
DVC RESALES

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Old 08-07-2012, 07:00 PM   #31
JaimeA
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Quote:
Originally Posted by mrsjef
Congrats on being through the process!

I was planning to post my timeline, too, so I'll just add it in here.

June 13 - offer made
June 14 - offer accepted
June 15 - all paperwork returned, sent to ROFR
July 10 - passed ROFR
July 19 - received closing documents
July 24 - all documents received @ title company
July 26 - closed & recorded on Orange Co comptroller website
July 27 - sent to Disney
Aug 6 - received letter in the mail from DVC with our account number & booked our trip!!

So all told, 7 weeks & 5 days from offer to booking!

We were getting anxious towards the end as we were wanting to use our points for a 6 night stay in a 2 BR in September!! (Nothing like waiting until the last minute!! ) I started calling Member Services on August 3rd, but couldn't get anywhere because I didn't have my member number. Member Administration was closed until Monday, and I planned to call then to see if I could get it. I was super excited when I got my mail that morning and saw the letter from DVC with our member # in it!! I called right away and thankfully there was still availablity! We cancelled our cash reservation and are all booked on points now!! We are now in official countdown mode for our trip!!
What a great feeling right? Congrats
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Old 08-08-2012, 07:22 PM   #32
Caribbeanpirategirl
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Congratulations!

Quote:
Originally Posted by JaimeA View Post
I updated my timeline, i gave Disney a call just to see, wasnt expecting anything since it has only been 6 days since closing. Everything was set up even the points were loaded!!! Spoke to Kevin he was wonderful!!

Yay!!
I am new to the disboards and in the process of buying my first DVC resale contract. These boards have been a huge help!


Here is my timeline so far:

June 23rd made and offer on a BCV contract
June 24th Accepted
June 26 signed paperwork w/ TSS and sent check in.
July 10th finally it goes to ROFR
August 7th Disney Waives ROFR. Hurray!
and the process continues...

But hubby and me are excited to be future Beach Club Owners. Stayed there twice and loved it!

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Old 08-08-2012, 07:32 PM   #33
JaimeA
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Quote:
Originally Posted by Caribbeanpirategirl View Post
I am new to the disboards and in the process of buying my first DVC resale contract. These boards have been a huge help!


Here is my timeline so far:

June 23rd made and offer on a BCV contract
June 24th Accepted
June 26 signed paperwork w/ TSS and sent check in.
July 10th finally it goes to ROFR
August 7th Disney Waives ROFR. Hurray!
and the process continues...

But hubby and me are excited to be future Beach Club Owners. Stayed there twice and loved it!

to the Dis

Congrats on your purchase! hopefully the rest goes quickly for you
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Old 08-08-2012, 08:52 PM   #34
Caribbeanpirategirl
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Smile Thanks!

Quote:
Originally Posted by JaimeA View Post
to the Dis

Congrats on your purchase! hopefully the rest goes quickly for you
Thanks JaimeA!

I am wondering how long I have to go before closing and getting the points? I wanted to book a vacation in October or December but It may end up being next year. I have 150 2012 points plus 12 2011. Like the Epcot food and Wine Fest. And the not so scary Halloween event at MK! Anyhow, I am so excited that this is going through, after almost a month in the ROFR process. It was like are we there yet??? Is the mouse buying it out from under us??

Good luck to everyone in the waiting process!
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Old 08-08-2012, 09:08 PM   #35
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Quote:
Originally Posted by Caribbeanpirategirl View Post
Thanks JaimeA!

I am wondering how long I have to go before closing and getting the points? I wanted to book a vacation in October or December but It may end up being next year. I have 150 2012 points plus 12 2011. Like the Epcot food and Wine Fest. And the not so scary Halloween event at MK! Anyhow, I am so excited that this is going through, after almost a month in the ROFR process. It was like are we there yet??? Is the mouse buying it out from under us??

Good luck to everyone in the waiting process!
It can take up to two weeks for the title company to get estoppels from Disney and draw up the closing documents. Then buyer and seller have to return signed documents. After the title company closes the sale, it should take about a week or two for Disney to enter your contract into the system and load your points. HTH! Congrats on your purchase!
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'86, '90, '94, '98, '09, '10 -- Off site, 10/2011 -- CR, 3/2012 -- Windsor Hills, 10/2012 -- BCV/AKV-Jambo, 01/2013 -- BWV, 5/2013 -- BLT, 10/2013 -- YC CL, 5/2014 -- BWV, 08/2014 -- VGF/BLT, 12/2014 -- BWV, 4/2015 -- BLT

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Old 08-14-2012, 02:40 PM   #36
JaimeA
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Received my membership cards in the mail yesterday!! I guess it is official. Good Luck everyone on the thread!!
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Old 08-14-2012, 06:24 PM   #37
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... and we just closed today!!

So - "Howdy, neighbor!" ...
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AKV-Kidani - 11/12; AKV-Jambo - 11/13 ; AKV-Jambo - 12/14


Dec 2008 Trip report at http://www.disboards.com/showthread....9#post29702539
Sep 2009 Trip Report at http://www.disboards.com/showthread....9#post34156519
Sep 2009 TR continued (but never finished) at http://www.disboards.com/showthread....7#post36403597
March 2011 PTR at http://www.disboards.com/showthread.php?t=2643038
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Old 08-15-2012, 12:51 PM   #38
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Our timeline is finally complete,

June 27th - sent our offer for Saratoga Springs - 150 points
June 27th - Offer Accepted
June 27th - Recieved Contract and all other Paperwork
June 28th - Sent all paperwork back to the resale company
July 2nd - Seller sent his paperwork back
July 2nd - Contracts were sent to Disney for ROFR

The longest wait of my life.....

July 27th - I contacted the resale company to see if there was any word from Disney. They replied that it was in the final stages and we should hear on monday or tuesday.
July 30th - Approved by Disney
July 30th - Recieved paperwork from Disney (Closing Documents)
July 31st - Sent my money through a bank wire
July 31st - Disney recieved payment
August 3rd - Recieved Seller's paper work and Disney began working on my account set up and points transfer.
August 7th - My name showed up on Orange County website.
August 14th - Name is in Disney's system, no points yet.
August 15th - Account is set up and points added. First reservation is made, but Waitlisted.... so we wait some more....


Saratoga Springs 150 points plus 150 banked points (total 300 points for 2012) 65$ per point. Paid in full, no financing (which i hope everyone does).

Waiting is the hardest part of this adventure, especially when you know it has passed ROFR and you are waiting to get in the system.

We are very excited and hope our Waitlist pulls through (January 9th - 15th 2013)
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Old 08-15-2012, 03:00 PM   #39
michelleiada
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Quote:
Originally Posted by TheDalys
Our timeline is finally complete,

June 27th - sent our offer for Saratoga Springs - 150 points
June 27th - Offer Accepted
June 27th - Recieved Contract and all other Paperwork
June 28th - Sent all paperwork back to the resale company
July 2nd - Seller sent his paperwork back
July 2nd - Contracts were sent to Disney for ROFR

The longest wait of my life.....

July 27th - I contacted the resale company to see if there was any word from Disney. They replied that it was in the final stages and we should hear on monday or tuesday.
July 30th - Approved by Disney
July 30th - Recieved paperwork from Disney (Closing Documents)
July 31st - Sent my money through a bank wire
July 31st - Disney recieved payment
August 3rd - Recieved Seller's paper work and Disney began working on my account set up and points transfer.
August 7th - My name showed up on Orange County website.
August 14th - Name is in Disney's system, no points yet.
August 15th - Account is set up and points added. First reservation is made, but Waitlisted.... so we wait some more....

Saratoga Springs 150 points plus 150 banked points (total 300 points for 2012) 65$ per point. Paid in full, no financing (which i hope everyone does).

Waiting is the hardest part of this adventure, especially when you know it has passed ROFR and you are waiting to get in the system.

We are very excited and hope our Waitlist pulls through (January 9th - 15th 2013)
Wow...less than two months from start to finish...not too bad. We are 8 days into the ROFR wait for a BCV contract. Waiting is soooooo hard!
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2012 BECAME DVC MEMBER AT BCV!

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Old 08-17-2012, 08:30 AM   #40
DannysMom
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I have another completed timeline for all the folks mid resale process.

6/21 Offer made and accepted
6/22 contracts emailed
6/24 contracts faxed back
6/25 Contracts sent to Disney for ROFR
**** the long ROFR wait****
7/17 Disney waives ROFR
7/27 closing documents emailed
7/28 FedEx'd documents and cashiers check for delivery
7/31 my closing docs received
**impatient wait**
8/9 got email that closing is complete and Disney has been notified of ownership change
8/16 call and got membership info and set up log in made first reservation

So all told, 8 weeks from offer to reservations. Not bad in my book.

I even spoke with the "infamous" Tammy and she was relatively pleasant -- perhaps because I had the decency to wait a full week before bugging anyone for membership info.
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Last edited by DannysMom; 08-17-2012 at 03:17 PM.
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Old 08-18-2012, 07:16 AM   #41
zeferjen
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Adding my latest timeline to the mix:

Offer made, counter, and agreed upon: 7/25
Contract sent to ROFR: 7/25
Disney waives ROFR: 8/13
Closing documents received: 8/17
Closing docs sent back to title company: 8/17
Now another wait...
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Old 08-18-2012, 08:36 AM   #42
michelleiada
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Quote:
Originally Posted by zeferjen
Adding my latest timeline to the mix:

Offer made, counter, and agreed upon: 7/25
Contract sent to ROFR: 7/25
Disney waives ROFR: 8/13
Closing documents received: 8/17
Closing docs sent back to title company: 8/17
Now another wait...
Wow...how did you agree upon a price and get it to ROFR on the same day? I started around the same time but still waiting. Went to ROFR on 8/7.
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Old 08-18-2012, 09:19 AM   #43
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Originally Posted by michelleiada View Post
Wow...how did you agree upon a price and get it to ROFR on the same day? I started around the same time but still waiting. Went to ROFR on 8/7.
Well I would guess that both parties (buyer & seller) had the ability to receive emailed contracts and fax them back ASAP. The broker also had to be very on the ball to get the contracts out so quick.

Sounds like maybe your seller snail mailed the documents.
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Old 08-20-2012, 05:42 PM   #44
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Well, our quick progress hit a bit of a snag. The cashier's check that I sent was apparently not signed by a bank officer. Luckily (?) I work for said bank, so hopefully they are going to work with the title company to get this resolved tomorrow AM. I will post back.
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Old 08-20-2012, 09:13 PM   #45
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Originally Posted by zeferjen View Post
Well, our quick progress hit a bit of a snag. The cashier's check that I sent was apparently not signed by a bank officer. Luckily (?) I work for said bank, so hopefully they are going to work with the title company to get this resolved tomorrow AM. I will post back.
Did you consider having the funds wired instead of overnight'ing a cashier's check? The costs should be similar, no? That's what I'm planning to do, assuming the title company is ok with it.
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