Buying from a DVC owner via First American

[Chris Timpone]

Just doing some homework. I have been renting from an owner for some time now. They have been great. They are looking to sell their stripped contract. I agreed to buy it and all terms are set. Seller wants to go through FirstAmerican. Does anyone have any experience with this? I assume all the same rules apply. ROFR etc.

1- Is this a smart route to take or should we use a broker and pay the extra commission?
2- Are their any know concerns with this route?
3- I expect the Title Company will handle all the fund transfers? Any concerns here?
4- Will they process a contract or that is between me and the seller?

 

[disneynutz]

I would stick with a title company that works with DVC.
DVC will tell you what's required in the contract and DVC still has ROFR.

Bill

 

[suebeelin]

I used first American title twice without issue . I went through a broker but the title company is legit

 

[GOOFY D]

I have used First American through Fidelity for purchases. I have had no issues.