Come on Estoppel!!!!

[Neytiri411]

Wow. Your estoppel fast. I was told to expect up to 3 weeks. Last thing I heard was ROFR passed 5/16.

Same here. We passed ROFR also on 5/16. Still waiting for estoppel.

 

[keishashadow]

The deed needs to be recorded and then DVC needs to process the paperwork. It took about 2 weeks (give or take a day or two) after the deed was recorded for my add on resale contract to be completely loaded into my membership. I would wait a couple of weeks before making any calls to MS to see if you can get your member info.

2 weeks seems long to get points loaded into account. It's been only a few days for us in the past. Did you add onto one of your existing contracts?

 

[Marionnette]

2 weeks seems long to get points loaded into account. It's been only a few days for us in the past. Did you add onto one of your existing contracts?

Yes. Different resort but same UY. Took just under 2 weeks. And this was a recent resale purchase.

 

[amymgould]

Here's where I'm at:

160 points BLT March UY

Offer accepted: 5/5
Sent to ROFR: 5/8
Passed ROFR: 5/20
Closing docs received after estoppel: 6/5

Hoping the rest of the process goes quickly!!

 

[amccu18007]

Here's an update to my timeline

150 POINTS VGF AUG UY
Offer made/accepted: 5/5
Sent to ROFR: 5/8
Passed ROFR: 5/19
Closing Docs Received after Estoppel: Received 5/23
Closing Docs/Check Received by Title Company: 5/26
Closed: ???
Deed Recorded: 6/1
Points loaded to online member account: ???

BEST.TIMELINE.EVER!!!!

 

[bbluvsdis]

On the other hand we have the slowest contract sale in history!
Offer accepted 3/23
Passed ROFR 4/14
Closing documents received 5/19
Still haven't received funds from our closing!

Getting impatient!

 

[texanlawyer]

Here's my timeline:

212 points BLT October UY

Offer accepted: 4/14
Sent to ROFR: 4/15
Passed ROFR: 5/2
Closing Documents received after estoppel: 5/30

So close to being done, but still so far...

 

[DSNYFRK4EVR]

BEST.TIMELINE.EVER!!!!

Thanks! We've been pretty lucky with this one! Hoping our points load soon. I check the member site about twice a day

 

[DM3MD]

Pretty happy with the speed on our 120 point AKV contract...

UPDATE:
Offer made: 4/25
Accepted: 4/25
Sent to ROFR: 4/26
Passed ROFR: 5/9
Closing docs received after Estoppel: 5/26
All closing docs received by Title Company: 5/31
Deed Recorded: 6/2
Points Loaded: ???

Looks like we'll be right at 6 weeks from offer to points. Just in time to squeeze our late January trip into the 7-11 month window.

 

[DM3MD]

On the other hand we have the slowest contract sale in history!
Offer accepted 3/23
Passed ROFR 4/14
Closing documents received 5/19
Still haven't received funds from our closing!

Getting impatient!

That is crazy, hopefully it wraps up soon! Broker or buyer issue?

 

[dsnydaddy]

Just passed my ROFR so now waiting on estoppel.

SSR 120 pt contract with Oct UY

Offered 5/19
Accepted 5/19
Sent contract and deposit on 5/23
Sent to Disney for ROFR on 5/25
Passed ROFR on 6/6

 

[bbluvsdis]

That is crazy, hopefully it wraps up soon! Broker or buyer issue?

They keep blaming it on Disney, first the estoppel and now the final point activity summary. They are saying "hopefully" it will be recorded this week.

 

[sunryzez]

Do you receive your closing documents by email or hard copy in the mail?

 

[sndral]

Do you receive your closing documents by email or hard copy in the mail?

I've purchased resale 2Xs, once from Fidelity a couple of years ago, and this spring through Timeshare Store - in both cases the closing documents (as well as the initial contract agreement) where sent via email attachments which I printed out and mailed back. I think you have the option to send some documents back via email as well, but I'm not tech savvy enough to do that I did wire the final payment, as sending large negotiable cashiers checks through the mail makes me nervous (too much mail theft going on these days altho' w/ tracking it should be secure, but it was worth the few extra dollars for my peace of mind.)

 

[Rando_D]

BWV purchase

Offer made: 3/24
Accepted: 3/25
Sent to Disney for ROFR: 3/25
Passed ROFR: 4/14
Closing docs received: 5/16


Just to provide an update...

I wired funds to the title company on 5/16 when I received the docs and delivered our documentation to the title company on the morning of 5/18. And then crickets... I was told that the Seller would be contacted to ensure that documentation was sent in but they never were. As weeks went by, I reached out again and at 3 weeks told that the Seller never received the closing docs (went to junk mail and no one followed up to say, hey, why haven't you sent those back yet?). Once the Seller was actually contacted, they were to send the documents back via overnight mail. That was last week. Now I am apparently waiting for the title company to re-verify the points.

I don't know if this is just me or not, but this seems to be taking incredibly long. Our original closing date was 5/12 and we now sit at 6/7 and it has not closed yet. Kind of wondering why it took the title company a month to get me closing docs when it seems most people get them quicker. And really not too happy that the title company sat on my money for 3 weeks and didn't contact the Sellers until I asked multiple times what was going on.

Anyone else have this kind of experience? Is this normal?

 

[Rando_D]

On the other hand we have the slowest contract sale in history!
Offer accepted 3/23
Passed ROFR 4/14
Closing documents received 5/19
Still haven't received funds from our closing!

Getting impatient!

this seems like my purchase!

Whenever I question anything, I keep getting "it's Disney". But when I look on the boards, it doesn't seem like Disney is taking as long for ROFR and estoppel as what I have been told by the broker. It also seems like people get the deed recorded quicker that 30 days after sending closing docs back.

it is really frustrating to feel like people are dragging their feet.

 

[Rando_D]

They keep blaming it on Disney, first the estoppel and now the final point activity summary. They are saying "hopefully" it will be recorded this week.

wow, just saw this other post by you. i have been getting the same exact comments. i am having a hard time believing it. for mine, they blamed disney for the 30 day estoppel, then blamed 3 weeks on the seller not receiving docs because they went to junk mail, and now they are blaming this delay on disney again for the point activity summary. one delay i could see, but multiple delays just starts to sound like bull.

 

[Neytiri411]

wow, just saw this other post by you. i have been getting the same exact comments. i am having a hard time believing it. for mine, they blamed disney for the 30 day estoppel, then blamed 3 weeks on the seller not receiving docs because they went to junk mail, and now they are blaming this delay on disney again for the point activity summary. one delay i could see, but multiple delays just starts to sound like bull.

What broker are you all using? I'm just wondering if that makes any difference?

 

[Rando_D]

What broker are you all using? I'm just wondering if that makes any difference?

we used Buy and Sell. I really have had a positive experience with them as the realtor was very pleasant and extremely responsive. The bidding and contract processes were very easy and quick.

It seems like the title company is causing the delays. We waited a month for closing docs (which seems on the long side) and then lost another 3 weeks because the Seller didn't know the closing docs were sent to them. It seems like the title company just takes about 30 days at each stage, like they are overworked and that is their timetable.

now they have had the closing docs for a week but it hasn't closed because they are "waiting on Disney to re-verify the points". it really just seems like a bunch of excuses because the title company can't move fast enough.

 

[keishashadow]

Submitted to ROFR 4/20
Passed 5/9
Contract received 5/24
Returned pkg via Fed Ex 5/25
5/30 email from First American: Please note that your FEDEX documents have been received and we will continue to process the transaction. Ok, it's been 8 business days. Guess I'll email them to ask where i am in process since so many here are reporting issues.

They keep blaming it on Disney, first the estoppel and now the final point activity summary. They are saying "hopefully" it will be recorded this week.

this seems like my purchase!

Whenever I question anything, I keep getting "it's Disney". But when I look on the boards, it doesn't seem like Disney is taking as long for ROFR and estoppel as what I have been told by the broker. It also seems like people get the deed recorded quicker that 30 days after sending closing docs back.

it is really frustrating to feel like people are dragging their feet.

Why not blame it on DVC, it Sounds better than "the dog ate it"

Are you contracting broker, their closing department or the closing company?