Closing Time!

Does anyone know how long after RoFR and closing docs submitted by buyer (along with funds) a seller has to notarize and sign? Is it 30 or 60 days? I’m just curious, I can’t find anything in my (buyer) paperwork.
They have until the day before the “must (or will) close by” date in the contract. If they don’t send everything in by then and don’t ask for and receive approval from you to postpone the closing date, they’re in default. You’ll get your deposit back and, unfortunately, have to start over.
 
****FINAL UPDATE****

Home Resort: AKV
Broker: https://www.dvcresalemarket.com
Title Company: https://magicvacationtitle.com/
Offer made: 04/01/2024
Offer accepted: 04/01/2024
Sent to ROFR: 04/03/2024
Passed ROFR: 04/22/2024
Closing docs received: 04/29/2024
Closing docs returned: 05/02/2024
Funds wired: 05/02/2024
Closing: 05/07/2024
Deed recorded: 05/08/2024
Contract Showing on Membership: 05/16/2024
Points in account: 05/17/2024 (after chat)

TOTAL DAYS: 47

Let the trip planning begin!!!
 
****FINAL UPDATE****

Home Resort: AKV
Broker: https://www.dvcresalemarket.com
Title Company: https://magicvacationtitle.com/
Offer made: 04/01/2024
Offer accepted: 04/01/2024
Sent to ROFR: 04/03/2024
Passed ROFR: 04/22/2024
Closing docs received: 04/29/2024
Closing docs returned: 05/02/2024
Funds wired: 05/02/2024
Closing: 05/07/2024
Deed recorded: 05/08/2024
Contract Showing on Membership: 05/16/2024
Points in account: 05/17/2024 (after chat)

TOTAL DAYS: 47

Let the trip planning begin!!!
Did you have to do anything to add the membership to your profile. I remember with my first contract, I had to wait for two emails. Does this automatically just get added?
 
They have until the day before the “must (or will) close by” date in the contract. If they don’t send everything in by then and don’t ask for and receive approval from you to postpone the closing date, they’re in default. You’ll get your deposit back and, unfortunately, have to start over.
I looked all over my closing documents and the only date that I see is 5/20/2024 by the title company’s signature. I’m assuming that must be the closing date. I haven’t heard anything yet, I suppose next week. Nerve wrecking to say the least.
 
I looked all over my closing documents and the only date that I see is 5/20/2024 by the title company’s signature. I’m assuming that must be the closing date. I haven’t heard anything yet, I suppose next week. Nerve wrecking to say the least.
Yes, nerve wracking it is! You might reach out to the broker if you haven’t already to confirm that’s the close-by date and what your options are if the sellers don’t make it.
 
I started a new thread for this. But how are you guys getting your points loaded right after the contract shows up in your account? The agent wouldn't do it for me just now.
 
I started a new thread for this. But how are you guys getting your points loaded right after the contract shows up in your account? The agent wouldn't do it for me just now.
The 2 CMs I had contacted couldn’t do it for me either. Took a full week after the contract showed up on my dashboard. No reason why. They just say the points aren’t “ready”? Whatever that means.
 
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I can't confirm if this is 100% true, but I've heard if you say over chat that you need the points because you're trying to book a trip right now then you have a better shot of them getting loaded right immediately. I have only tried this once (my contract came in on a Sunday night, and I requested the points that Monday morning) and it did work for me, and I've heard others say that it's always worked for them. But I'm not sure if it works every time.
 
Weird. I always see people getting theirs right away, it seems. Guess I'm just not lucky. I'm antsy to get my dates booked since I already have airline tickets purchased. And I want to buy my park tickets with the current www.getawaytoday.com deals. But I hesitate to do that until I have my dates locked in.
 
I can't confirm if this is 100% true, but I've heard if you say over chat that you need the points because you're trying to book a trip right now then you have a better shot of them getting loaded right immediately. I have only tried this once (my contract came in on a Sunday night, and I requested the points that Monday morning) and it did work for me, and I've heard others say that it's always worked for them. But I'm not sure if it works every time.

That's what I did. Didn't work for me. Maybe because there's currently plenty of availability of non-studios for my dates? But I still want to get it booked.
 
Home Resort: BRV
Broker: https://www.****************.com/
Title Company: https://www.dvcclosings.com/
Offer made: 4/2
Offer accepted: 4/2
Sent to ROFR: 4/3
Passed ROFR: 4/22
Closing docs received: 4/24
Closing docs returned (buyer): 4/24
Funds Wired: 5/6
Closing docs returned (seller): 5/8
Closing: 5/9
Deed recorded: 5/9
Contract Showing on Membership (existing member): 5/17
Points in account:

Days Total:
 
I started a new thread for this. But how are you guys getting your points loaded right after the contract shows up in your account? The agent wouldn't do it for me just now.
Asked through chat the day after the contract showed up and he reached out to someone to get it loaded. Just said I had a vacation I was trying to book in December so there was some urgency on our end if they would be kind enough to load the points.

If I remember correctly for my first contract, the CM I initially chatted with gave the same 'the points aren't ready' reason. So I chatted with someone else the next day and they were loaded. Maybe there is some back end process that needs to happen before they can load the points, but it just may depend on how busy they are that day to load points on request.
 
Did you have to do anything to add the membership to your profile. I remember with my first contract, I had to wait for two emails. Does this automatically just get added?
This was my first contract and I did have to wait for two emails. As soon as I received the second one, I went online, logged in and the instructions were to call member services form an "orientation" phone call. I called right away and that call was about 30 minutes long. The castmember I spoke to said it would 5 days for my points to load. The next day, I logged in and via the chat feature asked if they can load my points. The response was "we'll see what we can do--please hold on for a few minutes" After a few minutes, points were loaded!
 
Final Update:

Home Resort: BRV
Broker: https://www.****************.com/
Title Company: https://www.dvcclosings.com/
Offer made: 4/2
Offer accepted: 4/2
Sent to ROFR: 4/3
Passed ROFR: 4/22
Closing docs received: 4/24
Closing docs returned (buyer): 4/24
Funds Wired: 5/6
Closing docs returned (seller): 5/8
Closing: 5/9
Deed recorded: 5/9
Contract Showing on Membership (existing member): 5/17
Points in account: 5/19

Days Total: 47
 
FINAL UPDATE

Home Resort: CCV
Broker: https://****************.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), May 3, 2024 (seller 1), May 8, 2024 (seller 2)
Closing: May 9, 2024
Deed recorded: May 10, 2024
Contract Showing on Membership (existing member): May 19, 2024
Points in account: May 20, 20234 (after chat)

Days Total: 50 days
 
FINAL UPDATE
Home Resort: CCV
Broker: https://www.fidelityrealestate.com/
Title Company: https://www.dvcclosings.com/
Offer made: 2/7
Offer accepted: 2/8
Sent to ROFR: 2/9 (amended 2/20)
Passed ROFR: 3/4
Closing docs received: online notary
Closing docs returned (buyer): 3/25
Closing docs returned (seller): 3/13
Closing: 4/25
Deed recorded:4/26
Contract Showing on Membership (new member): May 3
Points in account: May 4
 
UPDATE #2

Home Resort: PVB
Broker: ****************
Title Company: DVC Closings
Offer made: 10/24
Offer accepted: 10/25
Sent to ROFR: 10/25
Passed ROFR: 11/8
Closing docs received (buyer): 11/8
Closing docs returned (buyer): 11/9
Closing docs returned (seller): unknown
Closing: 11/14
Deed recorded: 11/15
Contract Showing on Membership (new member):
Points in account:

Days Total: 24 (so far)
Whoops, never wrapped this thread up.

FINAL UPDATE

Home Resort: PVB
Broker: ****************
Title Company: DVC Closings
Offer made: 10/24
Offer accepted: 10/25
Sent to ROFR: 10/25
Passed ROFR: 11/8
Closing docs received (buyer): 11/8
Closing docs returned (buyer): 11/9
Closing docs returned (seller): unknown
Closing: 11/14
Deed recorded: 11/15
Contract Showing on Membership (new member): 11/22
Points in account: 11/25

Days Total: 32
 
Home Resort: CCV
Broker: www.fidelity.com
Title Company: First American
Offer made: 3/12
Offer accepted: 3/16
Sent to ROFR: 3/19
Passed ROFR: 4/10
Closing docs received: 4/16
Closing docs returned (buyer): 4/17
Closing docs returned (seller): ⏳⏳
Closing:
Deed recorded:
Contract Showing on Membership (new member):
Points in account:

Days Total: Projected slightly before the heat death of the Universe

important update to total days
 
Home Resort: OKW
Broker: www.*************.com
Title Company: DVC Title and Escrow
Offer made: 5/20/24
Offer accepted: 5/20/24
Sent to ROFR: 5/21/24
Passed ROFR:
Closing docs received:
Closing docs returned:
Closing:
Deed recorded:
Contract Showing on Membership (existing member):
Points in account:
Days Total:
 
I've asked them to expedite since the beginning, as I had a previous contract where the seller backed out, but it appears to be following a fairly regular timeline. Hoping to book my target room for a March 2025 trip (although unsure if we might move it at the 7mo mark due to BLT refurb). Checking room category availability daily 🤞

FINAL UPDATE

Home Resort: BLT
Broker: http://www.****************.com
Title Company: https://www.dvcclosings.com/
Offer made: 04/03/2024
Offer accepted: 04/04/2024
Sent to ROFR: 04/04/2024
Passed ROFR: 04/23/2024
Closing docs received: 04/24/2024
Closing docs returned: 04/25/2024
Funds wired: 04/26/2024
Closing: 05/09/2024
Deed recorded: 5/10/2024
Contract Showing on Membership: 5/19/2024 (existing member)
Points in account: 5/21/2024 (after chat)

48 days start to finish

I had an earlier contract fall through, so I was running late on getting the purchase secured in time to book our March 2025 trip. I've been watching the availability like a hawk... but surprisingly it seems like 2-bed & 3-bed have full availability 11 months out. Is that normal?

I asked via chat to have points added and had the CM assist me with a point transfer between my two contracts. Took about 5 minutes and was successful. Then I went to book my March 2025 trip using my new points (bank 2024 / use 2025 / borrow 2026) and the site kept telling me I didn't have sufficient points to book. So back to chat again, and this CM told me I needed to bank 2024 first, then book. I don't remember doing that when I did the bank/use/borrow for my 2023 trip? But I did it and it worked. Hooray!

I booked BLT with the intent to move it at 7 months due to the BLT refurb which will be in progress. Even if there is not availability to move it straight away, I think a (not studio) waitlist will likely come through. We plan to visit WDW (or DL? or Aulani? or exchange for cruise?) every 18 months (alternating Fall Break / Spring Break) as my DIL is a school teacher. I have two contracts (Oct/Feb use years) which I alternate bank/use/borrow using 3 years of point allotments to book each trip. Disney Grandmother mission accomplished!

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