DVC RESALES
DVC RESALES

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Old 06-18-2014, 06:39 PM   #16
han22735
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Quote:
Originally Posted by zumbergc
We are in process of buying resale. It is taking forever.
We got thru ROFR, and got our closing documents the end of May.
The seller still haven't turned in their paper work so we can close.

We started our process April 9, with turning in our contract, so even after closing which who ever knows when the sellers are going to turn in their paperwork. http://www.wdwinfo.com/images/smilies/guilty.gif

It is extremely frustrating because I want to book, and well after closing we still will have to wait to get put in the system.

I looked at our last contract and from start to finish, it was just over 1.5 months from the time we made initial contact until we closed but that was in '09.
I feel your pain. My process started 3/24 passed 4/30 and didn't close till 6/9 recorded 6/10. Still waiting to be added to the system. About 3 weeks of delays due to sellers taking their time.
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Old 06-18-2014, 09:12 PM   #17
DanenRox
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Quote:
Originally Posted by zumbergc View Post
We are in process of buying resale. It is taking forever.
We got thru ROFR, and got our closing documents the end of May.
The seller still haven't turned in their paper work so we can close.

We started our process April 9, with turning in our contract, so even after closing which who ever knows when the sellers are going to turn in their paperwork. http://www.wdwinfo.com/images/smilies/guilty.gif

It is extremely frustrating because I want to book, and well after closing we still will have to wait to get put in the system.

I looked at our last contract and from start to finish, it was just over 1.5 months from the time we made initial contact until we closed but that was in '09.
Ugh! I'm sorry. That's awful.
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Old 06-19-2014, 09:00 AM   #18
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Originally Posted by disneynutz View Post
Average time from start to reservation seems to be around 75 days. Bill
It took me less time to buy a house in another state then it's taking to sell my DVC contract. And everyone sent the documents back right away.
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Old 06-19-2014, 02:02 PM   #19
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It took me less time to buy a house in another state then it's taking to sell my DVC contract. And everyone sent the documents back right away.
Wow! The contract you're selling passed ROFR before mine. If all the paperwork is in why hasn't it closed? I feel for ya. Here's hoping things will start moving.
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Old 06-20-2014, 11:26 AM   #20
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Wow! The contract you're selling passed ROFR before mine. If all the paperwork is in why hasn't it closed? I feel for ya. Here's hoping things will start moving.
All the paperwork was in 6/11/14. TTS did say it would take 12 to 18 days and I'm sure they mean business days. I looked on the Disney website today and the contract is still in my name but then it hasn't been 12 days yet. Part of the slowness is that Disney is slow with everything on resales. I'm also impatient even though everything is right on time.
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Old 06-20-2014, 11:47 AM   #21
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Originally Posted by judydvc View Post
All the paperwork was in 6/11/14. TTS did say it would take 12 to 18 days and I'm sure they mean business days. I looked on the Disney website today and the contract is still in my name but then it hasn't been 12 days yet. Part of the slowness is that Disney is slow with everything on resales. I'm also impatient even though everything is right on time.
Ok I see now. You've already closed but you're still waiting for Disney to remove it from your account and add it to the new member. I've just started the wait for my member number, so I've still got 2 weeks to go. Plus I'm new to DVC so it'll take even longer, maybe your buyers are new too and that's what's taking the extra time. It's interesting to hear the timeline from the sellers end.
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Old 06-20-2014, 11:52 AM   #22
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Does anyone know if the 30 day ROFR is a deadline that Disney "must" meet or the ROFR is waived, or is it just a turn around time goal or standard they try to meet?
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Old 06-20-2014, 12:00 PM   #23
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Does anyone know if the 30 day ROFR is a deadline that Disney "must" meet or the ROFR is waived, or is it just a turn around time goal or standard they try to meet?
It is just a standard that they try to meet and do meet in most cases. I have heard of it taking longer In rare circumstances. I think he wording is they must be given a minimum of 30 days
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Old 06-20-2014, 12:05 PM   #24
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It is just a standard that they try to meet and do meet in most cases. I have heard of it taking longer In rare circumstances. I think he wording is they must be given a minimum of 30 days
Not what I wanted to hear , but thank you for the info.
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Old 06-20-2014, 12:59 PM   #25
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Not what I wanted to hear , but thank you for the info.
It is unlikely to take more than 30 days
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Old 06-21-2014, 10:52 AM   #26
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Originally Posted by wildforgoofy View Post
Ok I see now. You've already closed but you're still waiting for Disney to remove it from your account and add it to the new member. I've just started the wait for my member number, so I've still got 2 weeks to go. Plus I'm new to DVC so it'll take even longer, maybe your buyers are new too and that's what's taking the extra time. It's interesting to hear the timeline from the sellers end.
I guess there's no reason to be impatient. After all, I'm not waiting to use points. But it seems like Disney is really slow with processing resales. I bought all my contracts directly from Disney and it was very fast so I can see the difference.
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Old 06-21-2014, 11:09 AM   #27
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I guess there's no reason to be impatient. After all, I'm not waiting to use points. But it seems like Disney is really slow with processing resales. I bought all my contracts directly from Disney and it was very fast so I can see the difference.
My SIL bought in direct at VGF while I chose the resale side. Needless to say she's already got her vacation scheduled and has added on to it while here I sit waiting. Lol! I feel like Veruca Salt from Willy Wonka looking at my husband and yelling, "But I want it NOW!" He just laughs at me.
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Old 06-21-2014, 11:22 AM   #28
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Originally Posted by judydvc View Post
I guess there's no reason to be impatient. After all, I'm not waiting to use points. But it seems like Disney is really slow with processing resales. I bought all my contracts directly from Disney and it was very fast so I can see the difference.
And people will buy direct and pay more because they are impatient so Disney's plan is working!

Bill
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Old 06-21-2014, 11:32 AM   #29
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And people will buy direct and pay more because they are impatient so Disney's plan is working! Bill
I bought my first 2 contracts a while ago when resales weren't as common. And my 3rd DVC resort is VGC which I bought when it first opened. But if I ever decide to buy again it will be a resale.
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Old 06-21-2014, 02:19 PM   #30
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Quote:
Originally Posted by wildforgoofy

My SIL bought in direct at VGF while I chose the resale side. Needless to say she's already got her vacation scheduled and has added on to it while here I sit waiting. Lol! I feel like Veruca Salt from Willy Wonka looking at my husband and yelling, "But I want it NOW!" He just laughs at me.
Just laughall the way to the bank! That makes you feel prett good!
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