Closing Time!!

[MaoriWhoLovesDisney]

AKL Timeline:
160 points
Offer made/accepted: 7/19/2017
Contract out for ROFR: 7/24/2017
Passed ROFR: 8/4/2017
Closing Docs Received: 8/29
Buyer Docs Returned: 8/30

BCV Timeline:
150 points
Offer made/accepted: 7/19/2017
Contract out for ROFR: 8/3/2017
Passed ROFR: 8/16/2017
Closing Docs Received: waiting

Both purchases are with Fidelity and First American Title

At least AKV is getting close!!!

AKV closed today, 9/7! Surprised how much work is still going on with Irma, but thankful for it!

 

[Jperiod]

Grand Californian
Points: 240
Broker: DVC Resale Market
Closing: First American Title

7/27 Offer sent and accepted
7/29 Paperwork in
7/31 Sent to ROFR
8/14 passed ROFR
8/21 Closing Docs received
8/29 Closing Docs Returned by Seller
9/1 Closing Docs Returned by Buyer (me)
9/1 Deed Recorded by the County
?? Points Loaded into Account

I'm surprised how fast this went! It probably could have closed even faster if I didn't have to wait for the funds to deposit into my bank account before I wired the money. Do I need to call disney in order to register online? If so, when? This is my first purchase.

 

[CvilleDiane]

Grand Californian
Points: 240
Broker: DVC Resale Market
Closing: First American Title

7/27 Offer sent and accepted
7/29 Paperwork in
7/31 Sent to ROFR
8/14 passed ROFR
8/21 Closing Docs received
8/29 Closing Docs Returned by Seller
9/1 Closing Docs Returned by Buyer (me)
9/1 Deed Recorded by the County
?? Points Loaded into Account

I'm surprised how fast this went! It probably could have closed even faster if I didn't have to wait for the funds to deposit into my bank account before I wired the money. Do I need to call disney in order to register online? If so, when? This is my first purchase.

First, congrats!! If you're a new member, there are steps earlier in this thread about how to call. Though I wouldn't call yet. The DVC phone lines are swamped with Irma calls right now. Also, I closed and deed was recorded on 8/31, and I'm a current member. The new contract and points haven't shown up in my account yet, so I don't think they're processing our dates yet.

 

[lojenn]

CvilleDiane - I closed and recorded on 8/31 as well and am an existing member. No sign of the points yet. I'm assuming there will be delays due to hurricane and resources being used for rebooking and canceling vacations. Please post whenever your points show up. As long as you don't have your points either, I won't be too worried about it

 

[CvilleDiane]

CvilleDiane - I closed and recorded on 8/31 as well and am an existing member. No sign of the points yet. I'm assuming there will be delays due to hurricane and resources being used for rebooking and canceling vacations. Please post whenever your points show up. As long as you don't have your points either, I won't be too worried about it

Absolutely! And let me know if yours show up too. I looked back and sometimes it took multiple weeks to show up. Between that and Irma, I'm not too worried but I did go back to the OCC site yesterday to double check that the deed naming matched my current contracts.

 

[CvilleDiane]

Please post whenever your points show up. As long as you don't have your points either, I won't be too worried about it

My new contract just showed up on my account but there aren't any points in it yet.

 

[Katd52]

OKW
Points: 150
Broker: Buy and Sell DVC
Closing: Duncan Title

7/7 Offer accepted
7/8 Contract signed and sent to broker
7/10 Sent to ROFR
7/25 Passed ROFR
8/14 Closing docs received
8/18 Closing docs returned by buyer (me)
8/30 Closing docs returned by seller
9/14 Deed recorded by the county
10/2 Points Loaded into account (points were probably there earlier)

Contract states closing should be by 9/15/17. Getting nervous!

 

[1momof3boys3]

OKW
Points: 150
Broker: Buy and Sell DVC
Closing: Duncan Title

7/7 Offer accepted
7/8 Contract signed and sent to broker
7/10 Sent to ROFR
7/25 Passed ROFR
8/14 Closing docs received
8/18 Closing docs returned by buyer (me)
8/30 Closing docs returned by seller
?? Deed recorded by the county
?? Points Loaded into existing account

Contract states closing should be by 9/15/17. Getting nervous!

I know how you feel! We should have closed last Tuesday, but I'm still waiting to hear something. I'm using First American, and I know they're located in FL, so not sure when they'll be back in the office.

 

[Matty B13]

I know how you feel! We should have closed last Tuesday, but I'm still waiting to hear something. I'm using First American, and I know they're located in FL, so not sure when they'll be back in the office.

We are in the same boat "time-frame" as well with First American, I had to talk with my broker just to find out if my closing documents and check had arrived at First American. It was before the storm though, but don't know if the seller has returned his documents.

 

[1momof3boys3]

We are in the same boat "time-frame" as well with First American, I had to talk with my broker just to find out if my closing documents and check had arrived at First American. It was before the storm though, but don't know if the seller has returned his documents.

Yes, that's exactly my status! I called Bonnie last week and she said she would look into. That was before Irma showed up! I still do not know if my seller's closing documents were received.

 

[Matty B13]

Yes, that's exactly my status! I called Bonnie last week and she said she would look into. That was before Irma showed up! I still do not know if my seller's closing documents were received.

I was going to email her next Monday and see what was going on. Keep checking the Orange County Register of Deed website to see if it pops-up in the recorded records.

 

[PolarWSU]

We are also stuck mid-closing. Our closing is going through Duncan. I was looking over deeds that closed yesterday (OC is back to business recording everything) and see quite a few closings through First American Title. Disney also recorded quite a few closings yesterday. So it would appear that they are back to it.

I reached out to my broker to see if she had any idea what we should expect with regards to delays now that some offices are getting back to business. She said that First American is able to still do closings because they are not in Florida. I am not sure how accurate that is. We went through them some time ago and they were in Winter Park I believe.

So far, I have been a bit concerned with Duncan's timing. On two occasions we have been in a situation where we were waiting on something from them to move to the next step and kept being told that they will let us know as soon as they have things back on their end. In both cases that step of the process for us was running longer than others going through the same process with a different company, and in both cases the situation did not resolve until I called to bug them about it.

Our closing papers and money were received by them on Friday. I have no word on the status of the seller's documents. Keeping our fingers crossed that we can close soon and move on to making reservations.

 

[1momof3boys3]

We are also stuck mid-closing. Our closing is going through Duncan. I was looking over deeds that closed yesterday (OC is back to business recording everything) and see quite a few closings through First American Title. Disney also recorded quite a few closings yesterday. So it would appear that they are back to it.

I reached out to my broker to see if she had any idea what we should expect with regards to delays now that some offices are getting back to business. She said that First American is able to still do closings because they are not in Florida. I am not sure how accurate that is. We went through them some time ago and they were in Winter Park I believe.

So far, I have been a bit concerned with Duncan's timing. On two occasions we have been in a situation where we were waiting on something from them to move to the next step and kept being told that they will let us know as soon as they have things back on their end. In both cases that step of the process for us was running longer than others going through the same process with a different company, and in both cases the situation did not resolve until I called to bug them about it.

Our closing papers and money were received by them on Friday. I have no word on the status of the seller's documents. Keeping our fingers crossed that we can close soon and move on to making reservations.

I'm not sure how accurate that is either. The number I called for First American was a FL area code and they had me send all my documents to Lake Mary, FL.

 

[Greg36]

We are also stuck mid-closing. Our closing is going through Duncan. I was looking over deeds that closed yesterday (OC is back to business recording everything) and see quite a few closings through First American Title. Disney also recorded quite a few closings yesterday. So it would appear that they are back to it.

I reached out to my broker to see if she had any idea what we should expect with regards to delays now that some offices are getting back to business. She said that First American is able to still do closings because they are not in Florida. I am not sure how accurate that is. We went through them some time ago and they were in Winter Park I believe.

So far, I have been a bit concerned with Duncan's timing. On two occasions we have been in a situation where we were waiting on something from them to move to the next step and kept being told that they will let us know as soon as they have things back on their end. In both cases that step of the process for us was running longer than others going through the same process with a different company, and in both cases the situation did not resolve until I called to bug them about it.

Our closing papers and money were received by them on Friday. I have no word on the status of the seller's documents. Keeping our fingers crossed that we can close soon and move on to making reservations.

I believe they have multiple locations. I say that because I called once after hours and ended up getting a location in another part of the country that was still open...

 

[Spartan86]

Hang in there everyone! We were almost exactly 90 days offer to "points" with Fidelity and First American. I don't really have anything bad to say about either of them, but it is a grueling wait.

Such a strange contrast to our direct add on. We spoke to the guide on a Tuesday morning (8-22-17) and had the points same day, and a "Blue card" online the next day - of course they ran our credit card . But we didn't have paperwork to sign until the end of that week and we still are not posted on OCC. It's a different, easier "wait" but I'm struck by the contrasting timelines.

 

[minorthr]

Our closing docs are finally out for delivery to First American in Lake Mary FL after sitting in limbo since friday due to the hurricane. Hopefully we are still on track for closing one the 22nd. Im guessing the seller probably still hasn't sent their docs back yet.

 

[amccu18007]

We are also stuck mid-closing. Our closing is going through Duncan. I was looking over deeds that closed yesterday (OC is back to business recording everything) and see quite a few closings through First American Title. Disney also recorded quite a few closings yesterday. So it would appear that they are back to it.

I reached out to my broker to see if she had any idea what we should expect with regards to delays now that some offices are getting back to business. She said that First American is able to still do closings because they are not in Florida. I am not sure how accurate that is. We went through them some time ago and they were in Winter Park I believe.

So far, I have been a bit concerned with Duncan's timing. On two occasions we have been in a situation where we were waiting on something from them to move to the next step and kept being told that they will let us know as soon as they have things back on their end. In both cases that step of the process for us was running longer than others going through the same process with a different company, and in both cases the situation did not resolve until I called to bug them about it.

Our closing papers and money were received by them on Friday. I have no word on the status of the seller's documents. Keeping our fingers crossed that we can close soon and move on to making reservations.

Do you have any contact information that you could share with Duncan? I haven't even ever heard a peep from them and was starting to get concerned as we were to have received our closing paperwork from them by September 12th. I understand that there has been a hurricane but we passed ROFR on August 18th and haven't heard a peep from them yet. Just find it odd as every other title company has at least made an initial contact with us when they received our contract.

 

[Toreby]

I believe they have multiple locations. I say that because I called once after hours and ended up getting a location in another part of the country that was still open...

First American is a nationwide title company.

 

[Jperiod]

Grand Californian
Points: 240
Broker: DVC Resale Market
Closing: First American Title

7/27 Offer sent and accepted
7/29 Paperwork in
7/31 Sent to ROFR
8/14 passed ROFR
8/21 Closing Docs received
8/29 Closing Docs Returned by Seller
9/1 Closing Docs Returned by Buyer (me)
9/1 Deed Recorded by the County
?? Points Loaded into Account

I'm surprised how fast this went! It probably could have closed even faster if I didn't have to wait for the funds to deposit into my bank account before I wired the money. Do I need to call disney in order to register online? If so, when? This is my first purchase.

Called today and no member number yet. They said to call back friday, 9/15.

 

[MikeRx]

Hi Jperiod. Did you send your closing documents/payment to California or Florida? We are using the same broker and waiting for documents and hope for as fast a timeline as yours!

Mike