Everything You Need to Know to Prepare for a Fast & Smooth Closing
Once Disney waives its Right of First Refusal (ROFR), your DVC resale contract officially enters the final stretch of the process. This article outlines the key DVC resale closing steps after Disney approval to help both buyers and sellers know what to expect and how to prepare.
What Happens After Disney Waives ROFR?
When Disney approves a DVC resale contract by waiving ROFR, usually within 20 to 30 days after submission, the closing phase officially begins. Most resale brokers anticipate another 20 days to finalize the sale after Disney’s approval.
However, many title companies delay their prep work until they receive ROFR confirmation. This conservative approach protects their time in case Disney exercises their right and buys the contract.
How DVC Title & Escrow Speeds Things Up
That’s where our trusted title partner, DVC Title & Escrow {:target="_blank"}, makes a significant difference. They begin processing your file the moment your contract is signed, not after Disney gives the green light. This proactive approach can reduce your total timeline by days or even weeks.
By the time Disney officially waives ROFR, most closing documents have already been electronically signed by both parties. The only remaining task is for the seller to notarize and return the deed.
Final Steps to Close Your DVC Resale
Here’s what happens after Disney approves the contract:
1. Buyer Sends the Remaining Balance
The buyer sends the remaining purchase amount via wire transfer or certified check to the title company.
2. Seller Signs & Returns the Deed
The seller notarizes the deed and returns it to the title company promptly.
3. Deed Is Officially Recorded
The title company files the deed with the appropriate county clerk's office to make the ownership official.
4. Funds Are Disbursed
Once the recording is confirmed, the seller receives the proceeds either by wire transfer or overnight check.
5. Membership Activation
The buyer’s new Disney Vacation Club membership is submitted for activation with Disney Vacation Club {:target="_blank"}.
Adjusting Timelines to Fit Your Schedule
If you’re navigating around upcoming vacations, tax filing deadlines, or banking windows, our team can help you plan accordingly. Just communicate your needs, and we’ll do our best to keep things moving smoothly. For real-time updates and full transparency, your DVC Sales dashboard {:target="_blank"} shows every step from offer to closing and activation.