I've gotten a lot of good info from this forum, and want to add my purchase experience here, in case it's useful to anyone. Sorry for the long post.
I am in the somewhat unusual circumstance of having 2 very similar resale contracts I am in the process of buying at the same time. They are both BLT, Feb UY. They are 250 and 270/year. One with banked 2018 points, the other without. Both cash purchases. I don’t know if either was financed by the seller. Both sellers are in the US.
They were submitted for ROFR within one day of each other, and were passed on the same day (8/14/18). Not sure if estoppel letter was sent out on the same day (8/23/18), but I think it was.
Different agents and different title companies, but all otherwise very similar.
I have an existing membership from direct purchase, with same use year and same owners/names.
Closing docs received on 8/23 and 8/28. (3 bus. days difference.) The first contract closed and deed recorded 17 days (13 bus. days) after ROFR pass. The second still waiting at 23 days (16 bus. days). Difference in business days only 3 at this point, so really small difference so far. It is my understanding that the response times of the sellers has been different.
#1
Home: BLT
Broker:
DVC Resale Market
Title Company: ***
Offer Made: 7/18/18
Offer Accepted: 7/18/18
Sent to ROFR: 7/24/18
Passed ROFR: 8/14/18
Closing docs received: 8/23/18
Closing docs returned: 8/27/18 (over weekend)
closing: 8/31/18
Deed recorded: 8/31/18
Points in my account:
#2
Home: BLT
Broker: DVCSales
Title Company: First American
Offer Made: 7/25/18
Offer Accepted: 7/25/18
Sent to ROFR: 7/25/18
Passed ROFR: 8/14/18
Closing docs received: 8/28/18
Closing docs returned: 8/30/18
closing:
Deed recorded:
Points in my account: