Closing Time!!

[ILoveMyDVC]

Mine recorded 27th. Contract yesterday. Called, no points. Chat today points. 26 and 27 were big days, so I think 28, 29, and 30 are looking at next week.

Betting second week of September.

 

[Rex1993]

Finally got my member number!! Recorded July 26th so I was determined today. Called and chatted with MS but no help. I emailed MA again after never receiving a reply to my email two weeks ago. I got my Activation code 11 minutes after the email. Now waiting for points.

 

[Rush]

Our July 27th, mid-afternoon recorded deed just showed up in our account in the last 20 min, not that I was checking every few minutes.

 

[Jules123]

Got my email and activation code on Tuesday. I’ve chatted 3 times and called twice and still no points. Told me it takes time to get them loaded.

UPDATE: call #3 just got my points loaded!!

 

[Jules123]

FINAL UPDATE:
Home Resort: BRV
Broker: https://*************.com/
Title Company: Mason Title
Offer made: 6/4
Offer accepted: 6/8
Sent to ROFR: 6/9
Passed ROFR: 6/30
Closing docs received: 7/12
Closing docs returned: 7/16
Closing: 7/23
Deed recorded: 7/26
Contract Showing on Membership (new member): 8/23
Points in account: 8/26

Days Total: 83

 

[Wocka704]

Home: BLT
Broker: www.*******.com
Title Company: Mason
Offer made: 7/7/21
Offer accepted: 7/8/21
Sent to ROFR: 7/9/21
Passed ROFR: 8/12/21
Estoppel Received: 8/12/21
Closing docs received: 8/12/21
Closing docs returned: 8/12/21
Sellers closing docs returned: 8/17/21
Funds Wired: 8/16/21
Closing: 8/23/21
Deed recorded: 8/24/21
Contract Showing on Membership (New):
Points in account:

50 days and counting, very pleased so far given the shut down. Excellent experience with Cammy at Mason Title to expedite and close quickly!

 

[Lee Matthews]

I was hoping my Vero contract would have been loaded as I’m hitting 11 month booking next week but I don’t think it’s going to happen in time

 

[Emmsgug]

I was hoping my Vero contract would have been loaded as I’m hitting 11 month booking next week but I don’t think it’s going to happen in time

When did you record?

 

[Lee Matthews]

8/2

 

[Emmsgug]

8/2

I’m 7/29 and no luck yet. Here’s to hoping we all get the news we’re looking for.

 

[kandlsutton]

Home: CCV
Broker: www.dvcresalemarket.com
Title Company: Mason Title
Offer made: 7/26/21
Offer accepted: 7/26/21
Sent to ROFR: 7/29/21
Passed ROFR: 8/26/21
Estoppel Received: 8/26/21
Closing docs received: 8/27/21
Closing docs returned:
Sellers closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[kandlsutton]

Done!

Home: VGF
Broker: www.fidelityrealestate.com
Title Company: Mason Title
Offer made: 6/10/21
Offer accepted: 6/10/21
Sent to ROFR: 6/15/21
Passed ROFR: 7/01/21
Estoppel Received: 7/07/21
Closing docs received: 7/08/21
Closing docs returned: 7/08/21
Sellers closing docs returned: 7/14/21 (funds wired)
Closing: 7/22/21
Deed recorded: 7/22/21
Contract Showing on Membership: 8/16/21
Points in account: 8/27/21 (email to MA 8/26)

Total time: 79 days

 

[Jmazzuca243]

Home: VGF
Broker: www.fidelityrealestate.com
Title Company: First American Title
Offer made: 3/8/21
Offer accepted: 3/8/21
Sent to ROFR: 3/10/21
Passed ROFR: 3/31/21
Estoppel Received: 4/19/21
Closing docs received: 4/23/21
Closing docs returned: 4/23/21
Sellers closing docs returned: 8/19/21
Closing: 8/26/21
Deed recorded: 8/27/21
Contract Showing on Membership:
Points in account:

Finally making progress!!!! I reached out to my title company every other week but a language barrier made it nearly impossible to complete the documents. I was about to pull the plug on this contract but they finally finished it.

 

[scheddj]

Happy Birthday to me!!


Home Resort: BWV
Broker: www.dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: June10
Offer accepted: June 10
Sent to ROFR: June 14
Passed ROFR: June 30
Estoppel received: July 8
Closing docs received: July 16
Closing docs returned: July 16
Funds wired: July 19
Sellers closing docs returned: July 26
Closing: July 27
Deed recorded: July 28
Membership created & contract showing: August 28
Points in account:

 

[Rush]

Final update…

Home: AKV
Broker: www.dvcsales.com
Title Company: Mason Title
Offer made: 6/20/21
Offer accepted: 6/20/21
Sent to ROFR: 6/21/21
Passed ROFR: 7/12/21
Estoppel Received: 7/13/21
Closing docs received: 7/14/21
Closing docs returned: 7/14/21 (payment sent via FedEx 7/20/21, delivered to title co. 7/22/21)
Sellers closing docs returned: 7/19/21
Closing: 7/27/21
Deed recorded: 7/27/21
Contract Showing on Membership: 8/26/21
Points in account: 8/28/21 (called to get them loaded on the 26th, MS didn’t have the paperwork yet, tried again successfully on the 28th)

69 days from offer to points in account.

 

[Emmsgug]

Update-ish

Home: CCV
Broker: www.fidelityrealestate.com
Title Company: First American
Offer made: 4/15/2021
Offer accepted: 4/21/2021
Sent to ROFR: 4/21/2021
Passed ROFR: 5/10/2021
Estoppel Received: 6/10/2021
Closing docs received: 6/11/2021
Closing docs returned: 6/14/2021
Sellers closing docs returned: 7/9/2021(last of the three sellers to return)
Closing: 7/29/2021
Deed recorded: 7/29/21
Contract Showing on Membership (new member): 8/28
Points in account:

136 days and counting…..

 

[ICEMAN3205]

Question for buyers who have dealt with int’l sellers. What is an acceptable time to wait for documents to be signed?
Docs received: 8/09
I signed: 8/09
Funds wired: 8/17
Closing date on contract: 8/17
Emailed escrow company for update from sellers with no response: 8/25

Iwill have 320pts to use this year and I want to make a reservation for late April. 7 month window is coming up in 3 weeks and I’ll still have to wait 3-4 weeks for points. I’m ready to be done and forget this whole DVC.

 

[FSUSammy]

Question for buyers who have dealt with int’l sellers. What is an acceptable time to wait for documents to be signed?
Docs received: 8/09
I signed: 8/09
Funds wired: 8/17
Closing date on contract: 8/17
Emailed escrow company for update from sellers with no response: 8/25

Iwill have 320pts to use this year and I want to make a reservation for late April. 7 month window is coming up in 3 weeks and I’ll still have to wait 3-4 weeks for points. I’m ready to be done and forget this whole DVC.

I would call the escrow company at this point. Some agents suck at email communication. I'd want an answer given your closing date has passed.

 

[Sandisw]

Question for buyers who have dealt with int’l sellers. What is an acceptable time to wait for documents to be signed?
Docs received: 8/09
I signed: 8/09
Funds wired: 8/17
Closing date on contract: 8/17
Emailed escrow company for update from sellers with no response: 8/25

Iwill have 320pts to use this year and I want to make a reservation for late April. 7 month window is coming up in 3 weeks and I’ll still have to wait 3-4 weeks for points. I’m ready to be done and forget this whole DVC.

Once your contract passes the closing date, you, as the buyer, can walk away and get your deposit back. Sellers have until that date to get the documents in.

Since that date is passed, you have a tough decision to make. Canceling starts the process over. Not having the ability to book a trip for another month or so may make these deal not such a good deal if you end up not getting to book what you want.

When we were faced with this decision...seller had not yet returned after almost a month...we told the title company and broker we were walking, even if it meant losing the deposit. We gave them 2 more weeks to close (which was still within the window) or we would not be sending the funds and walking away.

The next day, the seller's documents arrived, and we closed on time. Good luck!

 

[CCV]

Question for buyers who have dealt with int’l sellers. What is an acceptable time to wait for documents to be signed?

I’ve got several in process with international sellers. Mine are in Japan and it’s been taking 30-60 days. Shutdowns from COVID and the Olympics have made it very challenging to get things notarized. I’d ask the broker to talk to the sellers and find out the cause for delay and a timeframe of when they can get the docs finalized. Better to wait another week or two vs starting the process over again.