Our Timeline

[Sandisw]

Originally Posted by bakerworld

this is why we hesitate at resale: you've spent the $$ but still have no product. Sure your product is there just not available to you.

True...but in our case, we just closed this week on our newest 100 BLT points...we started the process on January 27th and hope to have these added to our account within this next week. Since we already have our 2013 trips booked and set, waiting the extra time to have access to the points was well worth the $7000 we saved over what it would have cost to buy direct and have immediate access to points.

As long as someone plans for the 2 month time frame for resale, then it can make the savings worth it.

[GOOFY D]

Originally Posted by bakerworld

this is why we hesitate at resale: you've spent the $$ but still have no product. Sure your product is there just not available to you.

Yeah, but if someone told me I could buy a car on the lot today for say $18,000 or wait for the next shipment to come in about 60-70 days later and get one for $9,000, I think I would wait.

[JMW123]

FYI for all those newbies waiting on the contracts and wondering the timeline (I was one of you up until a few hours ago).

1/22 Offer/Counter Offer on BCV 210 Pts
1/23 Signed and Sent to ROFR
2/20 Passed ROFR
2/28 Received Closing Docs Signed and Over-nighted Bank Check
3/6 Seller Submitted Closing Docs
3/7 Closed and sent to Disney for Transfer
3/13 Started calling CM to see if I was in system, but I was not
3/18 Member ID in System but no points (Got ID over the phone told would be 5 to 7 days for Points to Load)
3/19 Got Activation code for website and points were loaded (Not 5-7 days like CM indicated)

So, Just a hair under 2 months with one of those months being Feb.

I used a broker whose name is not allowed on this site.

Now off to book

[buckeyejennifer]

I'm getting nervous now. My parents closed on 3/4 and are still (as of this afternoon) not in the system with DVC. Any advice?

[kenspidey]

Originally Posted by buckeyejennifer

I'm getting nervous now. My parents closed on 3/4 and are still (as of this afternoon) not in the system with DVC. Any advice?

Call your broker ... They can call Disney

[bakerworld]

Originally Posted by buckeyejennifer

I'm getting nervous now. My parents closed on 3/4 and are still (as of this afternoon) not in the system with DVC. Any advice?

[jonesmatNY]

Originally Posted by bakerworld

this is why we hesitate at resale: you've spent the $$ but still have no product. Sure your product is there just not available to you.

Keep in mind, the seller also doesn't get the funds until everything is completed at Disney, in our case, we got notified that our sale closed on 3/19. Its been recorded on the OCC site and our DVC Member Account(online) shows the contract pulled. So I guess there is a lot of faith in the Title company from the Seller and the Buyer perspectives. Normal RE closing, the checks pass around the table and you walk away with your proceeds and the buyer walks away with their deed and keys!

Our time frame was fast(lucky I guess), listed on 2/28, offer made and accepted that day, ROFR returned by DVC 3/8, closing Docs returned to Title Company on 3/18 and closed on 3/19.

[GOOFY D]

Originally Posted by GOOFY D

Updated...

1/11 - Submitted full price offer on 150 point BWV
1/23- FINALLY received correct contract and email back (w/ CC deposit)
2/19 - Disney waived ROFR
2/28 - Received closing documents
2/28 - Closing documents and payment FEDEXED to title company
3/12 - Seller finally sends in closing documents
3/13 - Informed that sale has closed

Waiting on OCC recordation and setup with Disney

Final timeline-

1/11 - Submitted full price offer on 150 point BWV
1/23- FINALLY received correct contract and email back (w/ CC deposit)
2/19 - Disney waived ROFR
2/28 - Received closing documents
2/28 - Closing documents and payment FEDEXED to title company
3/12 - Seller finally sends in closing documents
3/13 - Informed that sale has closed
3/25 - Account setup and points loaded

73 days start to finish.

[shwn]

Great thread- helped me understand how long it was going to take to get the points loaded. Here is my timeline:

VWL Purchase:
Offer 1/14/13
Acceptance 1/15/13
Re-Accepted 1/23/13 (seller was unable to bank points)
Sent to ROFR 1/24/13
Passed ROFR 2/20/13
Closing Docs Received from Title Company 3/4/13
Closing Docs Sent out 3/4/13
Closing Doc Received by Title Company 3/6/13
Received email that sale closed 3/12/13
Showed on OC Comptroller website 3/12/13
Contracted showed on online accounts (existing member) 3/19/13 (morning)
Points loaded 3/19/13 (afternoon- about 4 hours later)
Received new member ID in mail 3/25/13 (new use year)
Received new member card in mail 3/30/13

AKL Purchase:
Offer 1/18/13
Acceptance 1/21/13
Sent to ROFR 1/22/13
Passed ROFR 2/20/13
Closing Docs Received from Title Company 2/27/13
Closing Docs Sent out 2/27/13
Closing Doc Received by Title Company 3/1/13
Received email that sale closed 3/8/13
Showed on OC Comptroller website 3/7/13 (afternoon)
Contracted showed on online accounts (existing member) 3/19/13 (morning)
Points loaded 3/19/13 (afternoon- about 4 hours later)
Received new member ID in mail 3/25/13 (new use year)
Received new member card in mail 3/30/13

[lovin'fl]

I agree with shwn and my AKV contract went to ROFR the same day as their AKV contract (I think we were both 100 points too).
We just closed not long ago. Here was our timeline:
1/19-1/20- Made offer and negotiated (settled on $66/point for 100 AKV Aug UY)
1/21- contract e-mailed and signed and sent back with deposit
1/22- contract sent to ROFR
2/20- passed ROFR
2/27- closing docs received, signed and overnighted back with final payment
2/28- our docs and payment received by closing company
3/8- deed recorded on orange county website (I did not look this up until 3/18 though)
3/11- notified by broker that we closed
3/19- see AKV showing up on DVCmember.com under our existing membership (HH points) in the morning and w/in a few hours points were loaded. We booked a Xmas trip by 3pm (2BR and studio at AKV-Kadani).
3/25- got letter with member # (which we already knew)
still waiting for member cards, though we were already members and had same UY, so not sure if we'll get another set of cards