Yes- Estoppel can take several weeks.Googled it and got this:
Estoppel is when Disney reviews the contract and checks to see if outstanding bills are connected to the deed, reservations pending, the number of points match, if dues are owed, and the seller really owns the contract. Everything has to be free and clear before you close.
So after this is CLOSING, DEED RECORDED, POINTS IN ACCOUNT?
Does estoppel happen before closing docs or after?
Before.Does estoppel happen before closing docs or after?
Just out of curiosity is the estoppel done before or after the contract is send to rofr?
Ok thanks.Before, your broker would need the info prior to writing up the contract.
Bill
Mine went to ROFR first, cleared ROFR on 8/25 and has been at ESTOPPEL since thenBefore, your broker would need the info prior to writing up the contract.
Bill
Hard to believe that a broker will draft a contract not knowing that the seller even exists or that they have the correct info.
Bill