Come on Estoppel!!!!

dvcmom14 · Oct 11, 2015

I'm at 33 days waiting on closing docs

The wait is killing me! I'm actually sending an email to the title company right now to check on status.

RobbW · Oct 12, 2015

dvcmom14 said:
I'm at 33 days waiting on closing docs The wait is killing me! I'm actually sending an email to the title company right now to check on status.

What title company are you using?

dvcmom14 · Oct 12, 2015

RobbW said:
What title company are you using?

We're using Magic Vacation Title. I just got an email from them saying they would have it to us this week, so at least there's progress!

RobbW · Oct 12, 2015

At least *** seems to be very active with their DVC deed filings. They are filing numerous deeds every day. Whereas, our title company claims they are backlogged due to a large volume of closings, and that is why it is taking so long to close on our contract. However, checking the OCC website, our title company is not filing that many DVC deeds (especially compared to ***). Granted, I'm only looking for DVC deed filings, and they could be VERY busy filing non-DVC deeds. So, I guess I should give them the benefit of the doubt.

AmyKat · Oct 12, 2015

Which title company are you using? And, can you post the link for the OCC website (because if I google I will get 20 incorrect things)?

pangyal · Oct 12, 2015

AmyKat said:
Which title company are you using? And, can you post the link for the OCC website (because if I google I will get 20 incorrect things)?

http://or.occompt.com/recorder/eagleweb/docSearch.jsp

RobbW · Oct 12, 2015

AmyKat said:
Which title company are you using? And, can you post the link for the OCC website (because if I google I will get 20 incorrect things)?

We're using Timeshare Title & More.

Birtie · Oct 13, 2015

RobbW said:
At least *** seems to be very active with their DVC deed filings. They are filing numerous deeds every day. Whereas, our title company claims they are backlogged due to a large volume of closings, and that is why it is taking so long to close on our contract. However, checking the OCC website, our title company is not filing that many DVC deeds (especially compared to ***). Granted, I'm only looking for DVC deed filings, and they could be VERY busy filing non-DVC deeds. So, I guess I should give them the benefit of the doubt.

How do you see on OCC website which title company have filed the deeds?

RobbW · Oct 13, 2015

Birtie said:
How do you see on OCC website which title company have filed the deeds?

In each deed listing, there is a link to a scanned image of the deed. If you click on that, you can view the actual signed deed. The deed has the title company's name at the top. I wish the name of the title company that files the records was captured as a searchable field, but alas, it's not. So, you have to go that one extra step.

Birtie · Oct 13, 2015

RobbW said:
In each deed listing, there is a link to a scanned image of the deed. If you click on that, you can view the actual signed deed. The deed has the title company's name at the top. I wish the name of the title company that files the records was captured as a searchable field, but alas, it's not. So, you have to go that one extra step.

Yes I see now. Thanks, it's interesting reading

Deb123 · Oct 13, 2015

We passed ROFR on Sept. 24th, the company we are using said the closing documents could take roughly 3 weeks to prepare. The closing company is Timeshare Closing & More. I just sent an email this morning checking on the status of everything. We leave for a 2 week trip to Disney on Oct 23rd, so I won't be able to handle any business during that 2 week time period. Was hoping to have everything tied up by the time we left. Not feeling hopeful though. :/

mickeyman · Oct 13, 2015

Deb123 said:
We passed ROFR on Sept. 24th, the company we are using said the closing documents could take roughly 3 weeks to prepare. The closing company is Timeshare Closing & More. I just sent an email this morning checking on the status of everything. We leave for a 2 week trip to Disney on Oct 23rd, so I won't be able to handle any business during that 2 week time period. Was hoping to have everything tied up by the time we left. Not feeling hopeful though. :/

We used vacation world title. Had closing documents 7 days after passing ROFR

AmyKat · Oct 13, 2015

mickeyman said:
We used vacation world title. Had closing documents 7 days after passing ROFR

That was with Fidelity, right? We used them too. Passed ROFR on 9/25. Email said we would have closing documents within 7-10 business days. Called on Friday (10th business day). Said we would have them that day or early this week. Still haven't received them. I think I check my email every minute these days.

Deb123 · Oct 13, 2015

mickeyman said:
We used vacation world title. Had closing documents 7 days after passing ROFR

Wow, that was fast!

RobbW · Oct 13, 2015

Woo hoo!!!!! Our recorded deed showed up on the OCC this morning! On to the next, and hopefully final, round of waiting for our DVC member number and points to be loaded.

To recap:

ROFR Sent: 08/05/15
ROFR Passed: 08/31/15
Closing Docs Received: 09/14/15
Closing Docs Returned: 09/22/15 (Delayed due to unexpectedly fast receipt of closing docs. Had to wait on bank transfer.)
Deed Recorded: 10/13/15
DVC Member # and Points Loaded: ???

From "Sent to ROFR" to "Deed Recorded" has been 69 days! Keeping my ears crossed for everyone else waiting!

mickeyman · Oct 13, 2015

AmyKat said:
That was with Fidelity, right? We used them too. Passed ROFR on 9/25. Email said we would have closing documents within 7-10 business days. Called on Friday (10th business day). Said we would have them that day or early this week. Still haven't received them. I think I check my email every minute these days.

Yes fidelity.

AmyKat · Oct 13, 2015

After all my whining, I got my closing documents today. They have the wrong numbers on them so I'm still waiting. We used Fidelity as our broker and the title company is Duncan Title & Escrow, not Vacation World Title like mickeyman had. I haven't seen anyone else mention Duncan. I don't know enough about it to know if it's unusual for a broker to use more than one title company.

ohana99 · Oct 13, 2015

Booked my first DVC reservation today!
8/4- offer accepted
8/5- sent to ROFR
8/31- passed ROFR
9/25- passed estoppel
10/5- deed recorded
10/13- in DVC system, got member number and booked!

Now to look at add-on's.... :crazy2:

hjlawton · Oct 13, 2015

ohana99 said:
Booked my first DVC reservation today!
8/4- offer accepted
8/5- sent to ROFR
8/31- passed ROFR
9/25- passed estoppel
10/5- deed recorded
10/13- in DVC system, got member number and booked!

Now to look at add-on's....

Congratulations! Did you receive your member number in the mail? Previous posts had stated it was taking almost 3 weeks after the deed was recorded. We are also waiting after recording on Oct 2. Thanks for posting your update.

mickeyman · Oct 13, 2015

AmyKat said:
After all my whining, I got my closing documents today. They have the wrong numbers on them so I'm still waiting. We used Fidelity as our broker and the title company is Duncan Title & Escrow, not Vacation World Title like mickeyman had. I haven't seen anyone else mention Duncan. I don't know enough about it to know if it's unusual for a broker to use more than one title company.

I wonder if this company deals with overseas sellers

Come on Estoppel!!!!

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To Scope or not to Scope? THAT is the question!

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