If you used your credit card for resale deposit

[aokeefe]

Was your card charged only if you passed ROFR? Or do they charge it and then issue refund if taken during ROFR?

 

[Littlelulu01]

I think it depends on the title company used so check with them. I used Timeshare title inc. They sent an email with instructions and clearly outlined how the process would work. Up to 1k deposit on a visa no fees. I gave them the number and signed a consent for them to charge and they didn't charge it until it passed ROFR. The nice thing is that I knew right away when I passed ROFR because that's the day the charge was placed.

 

[DVC Doctor]

Most charge your credit card immediately and will rebate you the money if it gets snatched in ROFR

 

[miTnosnhoJ]

I used the Timeshare Store and they charged my card immediately for the down payment.

 

[Spartan86]

First American - Fidelity's primary company charged our card when the contract was sent for ROFR.

 

[aokeefe]

First American - Fidelity's primary company charged our card when the contract was sent for ROFR.

Thanks everyone. I too am using First American and read up and it says the deposit will be paid immediately. My card was charged the deposit and I had a small glimmer of hope even though I knew it was too soon. And the waiting continues!!

 

[Spartan86]

Thanks everyone. I too am using First American and read up and it says the deposit will be paid immediately. My card was charged the deposit and I had a small glimmer of hope even though I knew it was too soon. And the waiting continues!!

Good luck! Our ROFR was exactly two weeks - 5/2 - 5/16