Closing Time!

[rk097348]

FINAL UPDATE! WOO HOO!

Home Resort: BLT
Broker: ****************.com
Title Company: dvcclosings.com
Offer made: 3/13
Offer accepted: 3/13
Sent to ROFR: 3/14
Passed ROFR: 4/3
Closing docs received: 4/5
Closing docs returned (Buyer): 4/5
Closing docs returned (Seller): 4/17 (delay due to online notary)
Closing: 4/18
Deed recorded: 4/19
Contract Showing on Membership (existing member): 4/30
Points in account: 5/1 (after we called MS)

Days Total: 49

 

[Denamac]

FINAL UPDATE!!

Home Resort: AKV
Broker: https://www.dvcresalemarket.com
Title Company: https://magicvacationtitle.com/
Offer made: 03/11/2024
Offer accepted: 03/11/2024
Sent to ROFR: 03/12/2024
Passed ROFR: 03/29/2024
Closing docs received: 04/03/2024
Closing docs returned: 04/05/2024
Funds wired: 04/05/2024
Closing: 04/17/2024
Deed recorded: 04/19/2024
Contract Showing on Membership (existing member): 04/29/2024
Points in account: 05/02/2024 (after chat on 4/30 and then a call on 5/2)



Days Total: 52

 

[stuartsong]

Closing update

Home Resort: BLT
Broker: fidelityrealestate.com
Title Company: dvcclosings.com
Offer made: 03/25
Offer accepted: 03/25
Sent to ROFR: 03/27
Passed ROFR: 04/15
Closing docs received: 04/16
Closing docs returned (buyer): 04/16
Funds wired: 04/16
Closing docs returned (seller): 4/30/24
Closing: 5/2/24
Deed recorded: 5/2/24
Contract Showing on Membership (New member):
Points in account:

I received notification from http://dvcclosings.com/ that they are having issues with their notary scheduling. It's a shame that the slowest process is now their online notary scheduling which holds up everything. They used to be so good, but I think their are over extending themselves now.

 

[JackosinDIS]

Closing update

Home Resort: BLT
Broker: fidelityrealestate.com
Title Company: dvcclosings.com
Offer made: 03/25
Offer accepted: 03/25
Sent to ROFR: 03/27
Passed ROFR: 04/15
Closing docs received: 04/16
Closing docs returned (buyer): 04/16
Funds wired: 04/16
Closing docs returned (seller): 4/30/24
Closing: 5/2/24
Deed recorded: 5/2/24
Contract Showing on Membership (New member):
Points in account:

I received notification from http://dvcclosings.com/ that they are having issues with their notary scheduling. It's a shame that the slowest process is now their online notary scheduling which holds up everything. They used to be so good, but I think their are over extending themselves now.

Agree re them over extending. I’m told that Marcelo from www.masontitle.com has just joined them though so hopefully they will speed up again!

 

[chazas]

Home Resort: CCV
Broker: https://www.****************.com/
Title Company: https://www.dvcclosings.com/
Offer made: March 31, 2024
Offer accepted: April 2, 2024
Sent to ROFR: April 4, 2204
Passed ROFR: April 23, 2024
Closing docs received: April 26, 2024
Closing docs returned: April 26, 2024 (buyer)
Closing:
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total: 26 days (so far)

Ugh. One seller returned closing docs this week but second seller didn't sign at the same time and still hasn't done so. Seller delays in signing closing documents, for whatever reason, are out of control. You'd think they'd want their money.

 

[veginaz]

Home Resort: CCV
Broker: dvcbyresale.com
Title Company: Jeffrey Sweet
Offer made: 05/01
Offer accepted: 05/01
Sent to ROFR: 05/03
Passed ROFR:
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total:

 

[veginaz]

Home Resort: CCV
Broker: dvcbyresale
Title Company: Jeffrey Sweet
Offer made: 05/01
Offer accepted: 05/01
Sent to ROFR:
Passed ROFR:
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total:

Already getting anxious since offer was actually sent middle of night so was accepted very early on 05/01, contract signed deposit sent early. Have not heard anything else yet and today's business day is closed.

 

[SLACG]

Already getting anxious since offer was actually sent middle of night so was accepted very early on 05/01, contract signed deposit sent early. Have not heard anything else yet and today's business day is closed.

I am a new member as well and was so eager to see things moving fast but that has not been my experience so far. Seems like things have slowed down even from when I had started looking at this thread about 2 months ago. So my best advice, *patience*! LOL I know it's hard, but better than being anxious, which I have been at times, so I get it

Hope all goes well for you and you are able to have your points soon!

 

[BrianLo]

Both of my contracts I’ve been stuck waiting on the seller to sign for a month.

At least I don’t need points until October.

 

[veginaz]

Both of my contracts I’ve been stuck waiting on the seller to sign for a month.

At least I don’t need points until October.

oh man. I really hope this doesnt happen.

 

[stuartsong]

Agree re them over extending. I’m told that Marcelo from www.masontitle.com has just joined them though so hopefully they will speed up again!

The issue seems to be their online notary. They are the ones holding up the closing. They have way more closing than the online notary can schedule. I am seeing 14-21 days for them to schedule the notary. The rest of the organizations do a very good job.

 

[Minnie84]

The issue seems to be their online notary. They are the ones holding up the closing. They have way more closing than the online notary can schedule. I am seeing 14-21 days for them to schedule the notary. The rest of the organizations do a very good job.

Yes. I just found this out first hand as well. Sent our closing documents and wired funds on April 30th and now waiting on the sellers online notary appointment which isn’t until May 15th.

 

[DonMacGregor]

Yes. I just found this out first hand as well. Sent our closing documents and wired funds on April 30th and now waiting on the sellers online notary appointment which isn’t until May 15th.

5,507 UPS stores in the US, most open 8:30 am to 7:00 pm, 7 days a week, with the vast majority of them offering notary services at $15 per document (and an extra $10 if you need another employee there to act as a witness).

Don't get me wrong: I'm all for online notaries, but regardless of whether it's my dining room table or a UPS store, I still need to be somewhere at a specific time, so I will opt to do it myself whenever possible. Plus, being on the West Coast, it's easier for me to run into a UPS store on my way home in the afternoon or head over after dinner when it's already 10 pm in Florida and many of the online notaries are gone for the day (although there definitely are some that have hours recognizing us Left Coasties).

 

[Minnie84]

5,507 UPS stores in the US, most open 8:30 am to 7:00 pm, 7 days a week, with the vast majority of them offering notary services at $15 per document (and an extra $10 if you need another employee there to act as a witness).

Don't get me wrong: I'm all for online notaries, but regardless of whether it's my dining room table or a UPS store, I still need to be somewhere at a specific time, so I will opt to do it myself whenever possible. Plus, being on the West Coast, it's easier for me to run into a UPS store on my way home in the afternoon or head over after dinner when it's already 10 pm in Florida and many of the online notaries are gone for the day (although there definitely are some that have hours recognizing us Left Coasties).

Ya, was kinda hoping our seller would go this route instead of this waiting game for the notary appointment. I imagine they want to get paid just as quick as I NEED those points!

 

[SLACG]

Yes. I just found this out first hand as well. Sent our closing documents and wired funds on April 30th and now waiting on the sellers online notary appointment which isn’t until May 15th.

I had the same experience! returned my paperwork and payment on 4/9 and didn't close till 4/26!

 

[Minnie84]

I had the same experience! returned my paperwork and payment on 4/9 and didn't close till 4/26!

I’m hoping once we do finally close, it doesn’t take forever for the contract to show up on our membership….. or else my plans for next spring won’t be happening ( looking at you Boardwalk standard view room )

 

[SLACG]

I’m hoping once we do finally close, it doesn’t take forever for the contract to show up on our membership….. or else my plans for next spring won’t be happening ( looking at you Boardwalk standard view room )

I know! Same here!! We finally got recorded on 4/29 and I have been looking at the time it usually takes for people to get their points loaded from record date. If we end up being in the average time to get our points loaded, I'd be getting them the day before I need to book our reservation.

 

[Minnie84]

I know! Same here!! We finally got recorded on 4/29 and I have been looking at the time it usually takes for people to get their points loaded from record date. If we end up being in the average time to get our points loaded, I'd be getting them the day before I need to book our reservation.

Same here! Let’s just pray for some pixie dust and hope it all works!!!

 

[veginaz]

Well Im hoping they sent it to ROFR and just didn't tell me.

 

[SLACG]

Well Im hoping they sent it to ROFR and just didn't tell me.

They usually do let you know. It was 3 day for us from acceptance to sending for ROFR.