Closing Time!

[Pyxie]

I am a bit worried now. I have a contract that we are using First American...

I'm purchasing with them right now and it's moving at a snail's pace... Been at this since mid-November.

 

[darkconz]

I'm purchasing with them right now and it's moving at a snail's pace... Been at this since mid-November.

Are you saying you closed in November but still have not finalized everything yet?

 

[Pyxie]

Are you saying you closed in November but still have not finalized everything yet?

No. Made the offer in November, but that means we are going on 3 months without a closing date.

 

[TheOGCruise]

Updated deed recorded 02/06/2025


Home Resort: AKL
Broker: https://www.dvcresalemarket.com/
Title Company:https://magicvacationtitle.com/
Offer made: January 6, 2025
Offer accepted: January 6, 2025
Sent to ROFR: January 6, 2025
Passed ROFR: January 23, 2025
Closing docs received: January 27, 2025
Closing docs returned: January 28, 2025 (Wire Transfer sent January 28, 2025)
Closing: February 3, 2025
Deed recorded: February 6, 2025
Contract Showing on Membership (existing member):
Points in account:

32 days so far...............

 

[macman123]

Home Resort: AUL
Broker: https://****************.com/
Title Company: https://www.firstam.com/
Offer made: 01/03
Offer accepted: 01/04
Sent to ROFR: 01/04
Passed ROFR: 01/22
Closing docs received: 02/03
Closing docs returned (buyer): unknown
Closing docs returned (seller): 02/05
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

 

[macman123]

Home Resort: Poly
Broker: https://*******.com/
Title Company: Duncan Reality (no website)
Offer made: 11/23/24
Offer accepted: 12/24/24
Sent to ROFR: 12/24/24
Passed ROFR: 01/15
Closing docs received: 01/24
Closing docs returned: 01/27
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

 

[darkconz]

No. Made the offer in November, but that means we are going on 3 months without a closing date.

Was it an AUL contract? I heard those take a lot longer than others.

 

[Pyxie]

Was it an AUL contract? I heard those take a lot longer than others.

It is.

 

[MinnieInVA]

Update for Contract Showing, now to start daily chats with Member Services to get my points uploaded so I can snag what appears to be the last room available in the category I want for an upcoming stay. MS chat couldn't load my points today, unfortunately.

Home Resort: Boardwalk Villas
Broker: https://www.dvcresalemarket.com/
Title Company: https://magicvacationtitle.com/
Offer made: 10/2/24
Offer accepted: 10/2/24
Sent to ROFR: 10/7/24
Passed ROFR: 10/24/24
Closing docs received: 12/23/24 (delayed closing)
Closing docs returned: 12/28/24
Closing: 1/23/25
Deed recorded: 1/24/25
Contract Showing on Membership (existing member): 2/7/25
Points in account:

Days Total: 128 and counting (delayed closing)

 

[macman123]

Home Resort: Poly
Broker: https://*******.com/
Title Company: Duncan Reality (no website)
Offer made: 11/23/24
Offer accepted: 12/24/24
Sent to ROFR: 12/24/24
Passed ROFR: 01/15
Closing docs received: 01/24
Closing docs returned: 01/27
Closing: 02/07
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:

 

[PlutoNotPlanet]

It is.

Was it international seller?

 

[Pyxie]

Was it international seller?

No. But we've finally made some progress and should close this week.

 

[Pens Fan]

Home Resort: BWV
Broker: https://dvcstore.com/
Title Company: https://www.dvcclosings.com/
Offer made: 12/15/24
Offer accepted: 12/15/24
Sent to ROFR: 12/16/24
Passed ROFR: 1/6/25
Closing docs received: 1/8/25
Closing docs returned: 1/8/25 (buyer) 1/20/25 (seller)
Closing: 1/24/25
Deed recorded: 1/25/25
Contract Showing on Membership (existing member): 2/10/25
Points in account: 2/12/25 (called MS)

Days Total: 59

 

[macman123]

Home Resort: Poly
Broker: https://*******.com/
Title Company: Duncan Reality (no website)
Offer made: 11/23/24
Offer accepted: 12/24/24
Sent to ROFR: 12/24/24
Passed ROFR: 01/15
Closing docs received: 01/24
Closing docs returned: 01/27
Closing: 02/07
Deed recorded: 02/10
Contract Showing on Membership (existing member):
Points in account:

 

[vicarrieous]

Home Resort: Bay Lake Tower
Broker: www.fidelityrealestate.com
Title Company: https://dvcclosings.com
Offer made: 2/09/25
Offer accepted: 2/10/25
Contract Received: 2/11/25
Contract Signed: 2/11/25
Sent to ROFR: 2/12/25
Passed ROFR:
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Contract Showing on (new) Membership:
Points in account:
Total:

 

[BrianLo]

I am having the most awful time with resale. I feel semi better that Aulani and First American seem to be troubling everyone.

The issue is the title company now insists I need an ITIN (as the buyer). This came last second, I’m also like 75 days in now.

But the information I’m receiving is so incredibly inconsistent. FIRPTA specialists in Canada are telling me the information is wrong.

Has anyone else ever done international to international? I actually can rescind the whole contract as there is an email chain on purchase offer that I was given the incorrect information. Half venting…

 

[JackosinDIS]

I am having the most awful time with resale. I feel semi better that Aulani and First American seem to be troubling everyone.

The issue is the title company now insists I need an ITIN (as the buyer). This came last second, I’m also like 75 days in now.

But the information I’m receiving is so incredibly inconsistent. FIRPTA specialists in Canada are telling me the information is wrong.

Has anyone else ever done international to international? I actually can rescind the whole contract as there is an email chain on purchase offer that I was given the incorrect information. Half venting…

I have done international to international (several times) and can confirm that you DO need an ITIN number, except where the seller is not applying for a withholding certificate (this would only happen if the seller did not want to claim the withholding tax back, so unlikely unless it is a small contract).

I applied for my ITIN in Jan 2024 - it took around 8 weeks.

 

[Girlstar30]

Home Resort: BLT
Broker: https://www.dvcresalemarket.com/
Title Company: Magic Vacation Title
Offer made: 01/25/24
Offer accepted: 01/25/24
Sent to ROFR: 01/26/24
Passed ROFR:
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total:

Will update as it progresses! Stripped Contract with international sellers from Qatar, I think I have a good chance!

 

[BrianLo]

I have done international to international (several times) and can confirm that you DO need an ITIN number, except where the seller is not applying for a withholding certificate (this would only happen if the seller did not want to claim the withholding tax back, so unlikely unless it is a small contract).

I applied for my ITIN in Jan 2024 - it took around 8 weeks.

Did you get your passport certified with Service Canada / Passport office (making an assumption on your nationality) or did you need to do it through a US embassy office?

 

[JackosinDIS]

Did you get your passport certified with Service Canada / Passport office (making an assumption on your nationality) or did you need to do it through a US embassy office?

I’m UK based. I had 2 choices, either U.S. embassy or an ‘acceptance agent’. Agent was much easier and was able to do everything online. These are specific firms authorised by the IRS to deal with the ITIN forms. Hopefully you have an equivalent in Canada.

It’s a PITA, but once you have the ITIN you are set for when you come to sell I suppose!