Come on Estoppel!!!!

[laura mason]

Finally all done!!!!!

Home: BLT
Title Company: Magic Vacation Title
Offer made: 12/4/17
Offer accepted: 12/4/17
Sent to ROFR: 12/6/17
Passed ROFR: 12/24/17
Closing docs received: 1/16/18
Closing docs returned: 1/17/18
Closing: 1/25/18
Deed recorded: 1/25/18
Disney notified of transfer: 1/26/18
Contract transferred to my account: 2/2/18
Points in my account: 2/5/18

 

[mrsap]

Finally all done!!!!!

Home: BLT
Title Company: Magic Vacation Title
Offer made: 12/4/17
Offer accepted: 12/4/17
Sent to ROFR: 12/6/17
Passed ROFR: 12/24/17
Closing docs received: 1/16/18
Closing docs returned: 1/17/18
Closing: 1/25/18
Deed recorded: 1/25/18
Disney notified of transfer: 1/26/18
Contract transferred to my account: 2/2/18
Points in my account: 2/5/18

Congrats!!!

 

[Roguez]

YAY!! passed ROFR today, looks like this is were I belong for the next little while...

Home: OKW
Title Company: Magic Vacation Title
Offer made: 1/20
Offer accepted: 1/20
Sent to ROFR: 1/23
Passed ROFR: 2/7
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Points in my account:

 

[pkrieger2287]

Hey Everyone - Excited to join this next step of the process!

Home: AKV
Title Company:
Offer made: 1/24
Offer countered & accepted: 1/24
Sent to ROFR: 1/25
Passed ROFR: 2/7
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Points in my account:

 

[mbwhitti]

Hey Everyone - Excited to join this next step of the process!

Welcome to the next step of waiting, lol. I am for sure not the most patient person but this wait has been a bit more bearable than the ROFR wait.

 

[crazyventures]

We were given a a 3 week estimate to receive our closing documents.

Home: AUL
Title Company: First American Title
Offer made: 1/20
Offer accepted: 1/23
Sent to ROFR: 1/24
Passed ROFR: 2/7
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Points in my account:

 

[Sarabi's Cubs]

Home: AKV
Title Company: Magic Vacation Title
Offer made: 1/9
Offer countered & accepted: 1/9
Sent to ROFR: 1/10
Passed ROFR: 1/23
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Points in my account:

Ugh! There was so much excitement with making offers and waiting on ROFR that this wait seems endless! My contract has some banked points that will expire and I'm hoping to use them this fall so I hope things progress soon!

Laurie

 

[XOXOTigger]

Trying to patiently wait...

Home: BLT
Title Company: First American Title
Offer made: 1/18
Offer countered & accepted: 1/19
Sent to ROFR: 1/22
Passed ROFR: 2/6
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Points in my account:

 

[Mskcl131]

Home: AKV
Title Company: Duncan Title & Escrow
Offer made: 1/9
Offer countered & accepted: 1/9
Sent to ROFR: 1/10
Passed ROFR: 1/22
Closing docs received: 2/2
Closing docs returned:2/6
Closing:
Deed recorded:
Points in my account:

 

[BackThatCassUp]

Hi everyone! Forgot to post this sooner! Excited to finally become a DVC member!!!

Home: AKV
Title Company: First American
Offer made: 1/15
Offer accepted: 1/15
Sent to ROFR: 1/17
Passed ROFR: 1/30
Closing docs received: patiently waiting!!
Closing docs returned:
Closing:
Deed recorded:
Points in my account:

 

[igrsod]

Question, why does it seem to take about a month between passing ROFR and getting closing documents? Just curious.

 

[iheartglaciers]

Question, why does it seem to take about a month between passing ROFR and getting closing documents? Just curious.

Last time the title company said after ROFR they request a point and fee verification from Disney (estoppel) before they can create the closing docs. In November I had a contract where there was just one week between passing and getting closing docs. I had another contract take two weeks in December. But I guess it can take up to 3-4 weeks.

 

[kboo]

Last time the title company said after ROFR they request a point and fee verification from Disney (estoppel) before they can create the closing docs. In November I had a contract where there was just one week between passing and getting closing docs. I had another contract take two weeks in December. But I guess it can take up to 3-4 weeks.

Also, one would think that the time it takes for estoppel might be related to something about the contract itself, but no. My most recent contract took about 25 days for estoppel, and it was a contract I bought from a lender that had foreclosed on the contract, and Disney had already ok'd the foreclosure (i.e. didn't take it themselves) and the contract itself was the subject of litigation - so it wasn't like anyone was able to use the points or mess with the contract. Actually, come to think of it, I think my first contract with a private seller took less time (only slightly) for both ROFR and estoppel. Go figure.

 

[mrsap]

Wanted to give my final update! Hope everyone gets done ASAP!

Home: VGF
Title Company: Magic Vacation Title
Offer made: 12/19
Offer accepted: 12/19
Sent to ROFR: 12/22
Passed ROFR: 1/5
Closing docs received: 1/29
Closing docs returned: 1/30
Closing: 2/2
Deed recorded: 2/2
Points in my account: 2/10

 

[JessicaA]

Home: AKV
Title Company: First American Title
Offer Made: 11/25
Counter Offer Accepted: 12/3
Sent to ROFR: 12/6
Passed ROFR: 12/22
Closing Docs received: 1/25
Closing Docs returned: 1/29
Seller returned closing docs: 1/31
Closing: 2/9
Deed Recording: 2/12
Point in my account:


Can't wait for my points to be added already. I have points that will expire by June..

 

[TonyaG83]

In the middle of 2 transactions (selling/buying)

Selling:
FORMER Home: BLT
Title Company: Magic Vacation Title
Buyer's Offer made: 12/21
Offer accepted: 12/21
Sent to ROFR: 12/26
Passed ROFR: 1/5
Closing docs received: 1/31
Closing docs returned: 2/13 (I was out of town, and a Foreign Seller)
Closing: 2/15
Deed recorded: 2/15
Points out of my account: 2/20

Buying:
Home: AKV
Title Company: Magic Vacation Title
Offer made: 1/13
Offer accepted: 1/13
Sent to ROFR: 1/17
Passed ROFR: 1/30
Closing docs received: 2/21
Closing docs returned: 3/13
Closing:
Deed recorded:
Points in my account:

 

[mlp1933]

I've become obsessed with checking my account- trying to book a trip for this Summer before the availability dwindles! This waiting is killing me!

Home: AKV
Title Company: Magic Vacation Title
Offer made: 12/18
Offer accepted: 12/18
Sent to ROFR: 12/20
Passed ROFR: 1/5
Closing docs received: 1/30
Closing docs returned: 2/2
Closing: 2/7
Deed recorded:2/7
Points in my account: soon? (fingers crossed)

 

[tachyonbb]

Final update
Our second contract, first is at VGF

Home: BLT
Title Company: First American
Offer made: 12/23
Counter/Offer accepted: 12/24
Sent to ROFR: 12/28
Passed ROFR: 1/5
Closing docs received: 1/26
Closing docs returned: 1/28
Closing: First knowledge of closing was when deed was filed
Deed recorded: 2/9
Points in my account:2/20

 

[Mia Kylie and Co]

Updating...

Home: VGF
Title Company: Magic Vacation Title
Offer made: 12/19
Offer accepted: 12/19
Sent to ROFR: 12/22
Passed ROFR: 1/5
Closing docs received: 12/29
Closing docs returned: 12/30
Closing: 2/2
Deed recorded: 2/2
Points in my account:

I'm new to this process. But how did you receive your closing docs before your contract passed ROFR?

 

[mbwhitti]

Just got a call from our agent clearing up a question about whether we are financing or paying cash. Said we should get our closing documents from the title company in the next 6-7 days...