Buying resale through Fidelity Timeshares

[Spartan86]

Anyone that has dealt with Fidelity lately, can you give me the sequence of events they do? I see in the Closing Time thread that some people are listing that they sent an offer on day 1, offer was accepted on say day 2 then off to Disney for ROFR on day 3 or 4. Do they email docs for signing first? or snail mailed ?

thanks

Our Timeline last year
April 27 - offered and Accepted

May 2 sent to ROFR

May 16 passed ROFR

JUNE 9 Closing Docs received

June 10 Closing Docs sent

June 12 Docs delivered to Title Compamy

June 15 Title company advises Docs received

7/11 notified closing complete

7/13 deed recorded on OCC website

7/21 Deed and Title info received from title company

7/21 Membership Account established by Disney

7/26 (or before) points loaded

 

[thelionqueen]

Does anyone know if Fidelity is closed on weekends? I’ve called and e-mailed my agent with no reply. There’s a listing I’m interested in and don’t want to lose it... feeling anxious

 

[hlhlaw07]

Does anyone know if Fidelity is closed on weekends? I’ve called and e-mailed my agent with no reply. There’s a listing I’m interested in and don’t want to lose it... feeling anxious

Yes they are closed on the weekends. Which means their listings are the most out of date on the weekends so the chance someone else has already grabbed it goes up.

 

[thelionqueen]

Yes they are closed on the weekends. Which means their listings are the most out of date on the weekends so the chance someone else has already grabbed it goes up.

That’s what I thought. Thank you for the post. The listing I wanted was available yesterday but pending sale today. Probably got snagged Friday...which makes me feel a little better

 

[PatMcDuck]

I sent in an offer too, on Saturday, but it is now pending on Sunday. I assume not my offer! LOL. I only got a email saying they were closed, ."Thank you for reaching out to Fidelity. One of our licensed real estate agents will review your offer and contact you shortly". It still showed available yesterday. Oh well. Back to the hunt.

 

[M_T]

The one I made an accepted offer on just went sale pending 3 days later, had me worried. This is stressful.

 

[drbrjb01]

FYI the Timeshare Store is open on weekends. So far I have had a really good experience with them.

 

[PatMcDuck]

I will buy from any site, but the one I bid on made more sense financially. I check 5-6 sites daily, lol.

 

[Mia Kylie and Co]

Can someone tell me at what point in the process should you request a different closing title company? I'm still waiting for ROFR, but didn't know if this is something that should have been requested during the negotiating or not. After reading this thread, I'm thinking the title companies Fidelity uses may not be the best options.

I also have to say that while this is my first contract to actually make it through to the ROFR stage... I had a prior contract fall through with a different DVC resale company and had much better communication with them. They were calling and emailing throughout the entire process very quickly. Whereas, with Fidelity it is much slower with response times and I feel like I'm bothering them when I have a question.

 

[Mia Kylie and Co]

What title company are you using? I’m in the resale process with Fidelity but requested the title company I used for my other resales.

Would love to know which title company you prefer.

 

[iheartglaciers]

Would love to know which title company you prefer.

I used Jeffrey C. Sweet. I don’t know if they’re the best, but turnaround times have been fast, their fees are on the lower end of the title company range, and they always answer my emails quickly. They don’t only do DVC, but they do a lot, so all the brokers are familiar with them. They don’t take credit cards for the deposit though.

 

[thelionqueen]

I sent in an offer too, on Saturday, but it is now pending on Sunday. I assume not my offer! LOL. I only got a email saying they were closed, ."Thank you for reaching out to Fidelity. One of our licensed real estate agents will review your offer and contact you shortly". It still showed available yesterday. Oh well. Back to the hunt.

Me too! Good luck to you! At least they’re updating the website now. Before it seemed completely abandoned. My contract never showed up on the website at any time.

 

[Dean1953]

I bid on a contract last week and didn't get it, even though I submitted an offer 20 minutes after the email was sent. Bonnie told me that their website was being updated every night at midnight eastern time and if you waited for the listing via email, the chances are the contract would already been taken.

 

[M_T]

Can someone tell me at what point in the process should you request a different closing title company? I'm still waiting for ROFR, but didn't know if this is something that should have been requested during the negotiating or not. After reading this thread, I'm thinking the title companies Fidelity uses may not be the best options.

I also have to say that while this is my first contract to actually make it through to the ROFR stage... I had a prior contract fall through with a different DVC resale company and had much better communication with them. They were calling and emailing throughout the entire process very quickly. Whereas, with Fidelity it is much slower with response times and I feel like I'm bothering them when I have a question.

Feeling that now :/

 

[iheartglaciers]

Can someone tell me at what point in the process should you request a different closing title company? I'm still waiting for ROFR, but didn't know if this is something that should have been requested during the negotiating or not. After reading this thread, I'm thinking the title companies Fidelity uses may not be the best options.

Sorry missed this question before. You can request a different title company when your offer is accepted. If you're in ROFR, I think it's too late (but I'm not 100% sure).

 

[Mia Kylie and Co]

Sorry missed this question before. You can request a different title company when your offer is accepted. If you're in ROFR, I think it's too late (but I'm not 100% sure).

Shoot. Yeah, I was thinking I might be too late. Man this DVC resale stuff is stressful. So many factors being thrown at us. Thanks for the info iheartglaciers!

 

[thelionqueen]

As it turns out, my offer was the one accepted!! There is hope I guess I’m definitely going to request a different title company. First American is the worst!! I’d gladly pay more to never ever use them again...not that I have to... just that I would . On to the ROFR thread

 

[iheartglaciers]

As it turns out, my offer was the one accepted!! There is hope I guess I’m definitely going to request a different title company. First American is the worst!! I’d gladly pay more to never ever use them again...not that I have to... just that I would . On to the ROFR thread

Congrats!! It’s so interesting about First American being so bad, because aren’t they one of the more expensive title companies?

 

[KAT4DISNEY]

Congrats!! It’s so interesting about First American being so bad, because aren’t they one of the more expensive title companies?

Just had a very good experience with FATCO.

 

[thelionqueen]

Congrats!! It’s so interesting about First American being so bad, because aren’t they one of the more expensive title companies?

Yes they sure are! My experience with them was riddled with incompetence from the first communication and only got worse! I’ve had a total of 4 closing companies over the years with zero issues with all of them except FA. It has been over a year since I dealt with them so quite possible they’ve improved. Or that I was just unlucky.