How to Receive Your DVC Resale Proceeds

A Step-by-Step Guide to Choosing Your Payment Method

One of the most common questions we receive is about how to receive DVC resale proceeds after the sale closes. Understanding your payment options and the timelines involved helps ensure your transaction completes smoothly and securely. Here's what you need to know about your DVC resale payment choices, timelines, and key considerations.

Payment Options for Your DVC Resale Proceeds

After your DVC resale closing is officially completed and the deed is recorded, the title company will release your proceeds directly to you. Sellers can choose from two secure, convenient methods:

1. Wire Transfer

Most sellers prefer to receive DVC resale proceeds via wire transfer because it’s fast, secure, and reliable. Funds typically arrive either the same day or the next business day, depending on your bank’s internal processing times.

Benefits of Wire Transfer:

• Fastest payment method
• Funds arrive directly in your account
• Secure and trackable

We recommend double-checking your banking details carefully before submitting them to ensure accuracy and avoid potential delays.

2. FedEx Overnight Check

If you'd prefer not to share your banking information, you have the option to receive your proceeds via FedEx Overnight check. This secure method usually delivers your payment by the next business day.

Benefits of Overnight Check:

• Privacy of your banking details
• Reliable next-day delivery
• Secure and easily trackable

While this method is slightly slower than a wire transfer, it remains efficient and secure.

Selecting Your Preferred Payment Method

During the closing phase, the title company will send you a secure online form to select your preferred method and provide necessary details. If you have any concerns or questions about completing this form, the experienced team at DVC Sales is always available to assist. We recommend deciding on your preferred method early, ensuring there's no last-minute rush and that your funds are disbursed without delay.

When Will You Receive Your Proceeds?

Under Florida real estate law, the title company is legally required to disburse your DVC resale proceeds within one business day of the deed being officially recorded. This ensures your payment is prompt and reliable.

Typically, you'll see the funds in your account via wire transfer within one business day. If you're receiving an overnight check, you'll usually receive it the following business day. To understand the timeline further, you might find our guide on how long it takes to sell your DVC helpful.

Important Tips for Receiving Your Proceeds

• Verify your bank account details carefully for wire transfers to prevent delays.
• Ensure the address provided for check delivery is current and accurate.
• Keep an eye out for confirmation emails from the title company and your DVC Sales dashboard for real-time updates.

Still unsure about your best option? Explore our detailed comparisons of payment methods and closing processes on our DVC resale closing guide.

Final Thoughts: Securely Receiving Your DVC Resale Proceeds

Both wire transfer and overnight checks are secure, efficient ways to receive DVC resale proceeds. The right choice depends on your personal preferences for speed, convenience, and privacy. If you still have questions or need assistance deciding, reach out to our dedicated team. We're committed to guiding you through every step, from offer to payment, with confidence and clarity.