Closing Time!!

[zianha]

New member. Gearing up for the next leg of the waiting game!

Home : OKW
Broker: dvcresalemarket.com
Title Company: Magic Vacation Title
Offer made: 7/13/20
Offer accepted: 7/13/20
Sent to ROFR: 7/17/20
Passed ROFR: 8/25/20
Closing docs received:
Closing docs returned:
Seller returned closing docs:
Closing:
Deed recorded:
Contract Showing on Membership:
Points in account:

 

[lovin'fl]

Sellers...question for you....

I just sold 3 contracts. One closed on Aug 10. When will Disney remove the contract from my account? It is still showing. Just anxious to get it all done with.

 

[Jaguar Skills]

New member. Just by way of an update there was only one day between getting our activation code and getting our points loaded. I went onto the member services chat and said we wanted to book asap (which isn't a lie). They loaded them there and then and we only got our activation code yesterday. I am not trying to gloat as I know there are a lot of people who have been waiting ages!

All in all it seems to have been pretty quick for us. Sorry for all those waiting.

Home : SSR
Broker: *******
Title Company: TRCS
Offer made: 6/2/20
Offer accepted: 6/3/20
Sent to ROFR: 6/8/20
Passed ROFR: 7/20/20
Closing docs received: 07/26
Closing docs returned: 07/27
Seller returned closing docs: 07/28
Closing: 07/28
Deed recorded: 07/30
Contract Showing on Membership: 08/25
Points in account: 08/26

 

[Jaguar Skills]

This just goes to show how inconsistent the process is. Its clearly not be done in the order received. I really dont understand how it can be done in 3 days and I am on Day 11,.......

See my post above, they just did ours in a day! Can't believe it really.

 

[Sandisw]

Finally....called and spent 40 minutes but got it done! Got my October nights booked as well with the banked points expiring end of November! Phew!

 

[Madmavis]

I’m so upset. I’m seeing everyone who closed on 7/28 or around there getting their member number and points and instead I got an email from DVC resale market saying my membership is being delayed by two weeks because the sellers apparently had a trip planned and it wasn’t picked up during ROFR, estoppel or closing. This really sucks. I’ve been looking forward to being done with this whole process. Now I have to wait even longer ugh

 

[heapmaster]

Sellers...question for you....

I just sold 3 contracts. One closed on Aug 10. When will Disney remove the contract from my account? It is still showing. Just anxious to get it all done with.

From what I understand they will do it once Member Admin processes the paperwork from the closing company. This is when they transfer the contract from the seller to the member. Then the paperwork gets moved on to a person who then loads the points into the new members account.

 

[chicagoshannon]

I’m so upset. I’m seeing everyone who closed on 7/28 or around there getting their member number and points and instead I got an email from DVC resale market saying my membership is being delayed by two weeks because the sellers apparently had a trip planned and it wasn’t picked up during ROFR, estoppel or closing. This really sucks. I’ve been looking forward to being done with this whole process. Now I have to wait even longer ugh

That seems legally sketchy to me. You own the property now so you'd think they'd have to give you the member number etc.

 

[heapmaster]

That seems legally sketchy to me. You own the property now so you'd think they'd have to give you the member number etc.

I wonder if this is a DVC trip or a trip outside that such as RCI, etc... Our contract had an RCI trip so it got hung up a bit in Member admin, but still went through.

 

[nicmc1986]

Waiting anxiously. The resale contract I purchased closed on 07/30. I recently called DVC Member Services to see if they had my Member ID # and they informed me that my contract is still sitting at the courthouse.

 

[Madmavis]

That seems legally sketchy to me. You own the property now so you'd think they'd have to give you the member number etc.

I wonder if this is a DVC trip or a trip outside that such as RCI, etc... Our contract had an RCI trip so it got hung up a bit in Member admin, but still went through.

I don’t understand how it wasn’t disclosed at all in the process. It was in the listing that they couldn’t close until 9/6. I asked the realtor about it. He said that that shouldn’t be in there. It was a mistake. Since we closed I figured he was right. Now to find out that they must of had a trip planned. Maybe it was an RCI trip. I just know this is going to delay everything and we want to book a trip in May so our 7 month window opens in October. I hope we have our points in time.

 

[chicagoshannon]

I wonder if this is a DVC trip or a trip outside that such as RCI, etc... Our contract had an RCI trip so it got hung up a bit in Member admin, but still went through.

I don't know. But IMO once your purchase is paid for, closed and deed recorded they can't hold it up for the previous owners. If they previous owners still want their trip it's something they need to work out with the new owners since it wasn't a delayed closing. This process is already taking longer than it should (and I would argue legally allowed) to hold it up for someone who no longer owns the property doesn't sound right.

 

[badeacon]

Waiting anxiously. The resale contract I purchased closed on 07/30. I recently called DVC Member Services to see if they had my Member ID # and they informed me that my contract is still sitting at the courthouse.

That is another lie by MS. your contract was sent to DVC by closing company the day it closed or within 1-2 days.
We are seeing a lot of lying to members by MS at this time about the loading of contracts and points. Just read back on all the posts and the many different stories members have been told about the contracts and loading points.

 

[chicagoshannon]

That is another lie by MS. your contract was sent to DVC by closing company the day it closed or within 1-2 days.
We are seeing a lot of lying to members by MS at this time about the loading of contracts and points. Just read back on all the posts and the many different stories members have been told about the contracts and loading points.

yeah Disney really needs to get a hadle on this before there is a lawsuit. You can't withhold a purchased product from someone.

 

[Madmavis]

I don't know. But IMO once your purchase is paid for, closed and deed recorded they can't hold it up for the previous owners. If they previous owners still want their trip it's something they need to work out with the new owners since it wasn't a delayed closing. This process is already taking longer than it should (and I would argue legally allowed) to hold it up for someone who no longer owns the property doesn't sound right.

You’re right. It shouldn’t be held up. Maybe I’ll email the realtor again. I’ll have to figure out a nice way to tell him that this is t right. Thanks

 

[ABE4DISNEY]

Waiting anxiously. The resale contract I purchased closed on 07/30. I recently called DVC Member Services to see if they had my Member ID # and they informed me that my contract is still sitting at the courthouse.

Showing my age, but your post totally brought this to my mind... And now I’m singing the song!

 

[nicmc1986]

That is another lie by MS. your contract was sent to DVC by closing company the day it closed or within 1-2 days.
We are seeing a lot of lying to members by MS at this time about the loading of contracts and points. Just read back on all the posts and the many different stories members have been told about the contracts and loading points.

Thanks for letting me know! I will review the previous posts. I'll keep contacting Member Services as I want to use my points for a January trip.

 

[Goddard Family Adventures]

Finally....called and spent 40 minutes but got it done! Got my October nights booked as well with the banked points expiring end of November! Phew!

I don't know why they didn't do that in the first place for you? We got our ID yesterday, called, and it was taken care of.

 

[Madmavis]

I don't know. But IMO once your purchase is paid for, closed and deed recorded they can't hold it up for the previous owners. If they previous owners still want their trip it's something they need to work out with the new owners since it wasn't a delayed closing. This process is already taking longer than it should (and I would argue legally allowed) to hold it up for someone who no longer owns the property doesn't sound right.

I sent an email to the realtor and he called me. He said I should have the points around September 7th or 8th. We’ll see what happens.

 

[ohmyminnie]

So happy to be able to move to this thread!!

Home: BCV
Broker: DVC Store
Title Company: Mason
Offer Made: 7/5/2020
Offer Accepted: 7/5/2020
Sent to ROFR: 7/6/2020
Passed ROFR: 8/11/2020
Closing docs received: 8/20/2020
Closing docs returned: 8/20/2020
Seller returned closing docs: 8/24/2020
Closing: 8/26/2020
Deed recorded:
Contract showing on membership:
Points in account:

 

[Llama mama]

So happy to be able to move to this thread!!

Home: BCV
Broker: DVC Store
Title Company: Mason
Offer Made: 7/5/2020
Offer Accepted: 7/5/2020
Sent to ROFR: 7/6/2020
Passed ROFR: 8/11/2020
Closing docs received: 8/20/2020
Closing docs returned: 8/20/2020
Seller returned closing docs: 8/24/2020
Closing: 8/26/2020
Deed recorded:
Contract showing on membership:
Points in account:

Wow ! Yours is moving fast !!! I have a BCV just sent to ROFR today.