Thank you Stephen,
I hope you don't mind if I pick your brain a little bit more.
What was the purpose of e-mailing the contract for our signatures? To expedite the process? Do they proceed with the e-mailed contract?
As for the bank check, can it be wired from our bank or would FedEx do? Regular mail?
We are already DVC owners with an established membership. Sharon told us that the new contract would go under that existing membership. Deeded the same and the same UY as our direct purchases. True?
As for your problem, I should be so lucky!!!
Thanks again!!
The faxed or emailed contract means they can move your contract along to the ROFR process more quickly and it starts the clock on your 10 day right to rescind. Remember Fidelity doesn't get paid until everything is finalized so the quicker they can expedite the process the better.
I have both wired and sent my bank check overnight. The wiring fee was a bit more expensive. Also, the sellers have many more hoops to jump through in order to get their contracts in order; notarized, etc... so if you can, find out if your sellers are VERY motivated to move things along or not (is it a foreign transaction, divorce, probate, ...) otherwise you will have spent unnecessary money to expedite your contract.
Sharon is correct, as long as your UY and your personal information is the same, this new contract should be placed within your current membership.
I have just been sent to ROFR with my 4th contract from Sharon. She is great to work with and I think at this point in our relationship we are going steady... Don't tell my wife.
Good luck.
Stephen
