DVC RESALES
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Old 05-03-2013, 04:01 PM   #1
JessLCH
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Question Resale purchase contract question

Just got our contract on BLT emailed from Fidelity. It was a short, basic 4 page document. I just emailed the following question to Fidelity. It says I should look at all this before signing, yet I have no idea where to find any of these documents. I emailed them the following question below. Anyone know where I can find these docs?

Thank you, I received the contract. I do have a question regarding #12 on page 3 of 4 of the contract. Where can we view the documents mentioned in #12 such as: declaration of condominium, covenants or restrictions, association articles, bylaws, this year’s operating and reserve budgets, and any rules and regulations affecting the use of timeshare plan accommodations and facilities?
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Old 05-03-2013, 04:11 PM   #2
collections
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I think you may be missing some pages. I think my Fidelity contract was longer than that.
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Old 05-03-2013, 04:40 PM   #3
JessLCH
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Quote:
Originally Posted by collections View Post
I think you may be missing some pages. I think my Fidelity contract was longer than that.
Okay, thanks. Did yours include the above mentioned documents?

I guess I will wait to hear back from Fidelity. We are first time buyers to DVC so want to have all the details in writing. The short 4 page contract is pretty generic.
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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Old 05-03-2013, 04:59 PM   #4
collections
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I just checked it and it did not. It was 4 contract pages, 2 pages of addendums, buyer closing option page, transaction broker notice page, new buyer info form, and authorization to charge credit card form.
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Old 05-03-2013, 05:41 PM   #5
JessLCH
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I just checked it and it did not. It was 4 contract pages, 2 pages of addendums, buyer closing option page, transaction broker notice page, new buyer info form, and authorization to charge credit card form.
were you already a DVC member when you purchased through Fidelity? I am a first time buyer and definitely want to read through (or have my husband read through) all of the details. I expected it would be standard that I would have easy access to reviewing this stuff.
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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Old 05-03-2013, 07:48 PM   #6
Sandisw
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I have never received those documents via my resale purchases. They are sent from Disney when the contract is bought from them directly to the original owner. First time buyers get them after closing--at least that's how it worked in 2009 when I bought my first one. I'd ask the seller to see if they still have them. I'm not sure if they are published anywhere.
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Old 05-03-2013, 08:11 PM   #7
JessLCH
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I have never received those documents via my resale purchases. They are sent from Disney when the contract is bought from them directly to the original owner. First time buyers get them after closing--at least that's how it worked in 2009 when I bought my first one. I'd ask the seller to see if they still have them. I'm not sure if they are published anywhere.
Wow, I hope Fidelity can figure out how to get me these docs from the seller to review before signing. How could I possibly make a large purchase and then read the details to what I purchased AFTERWARDS?
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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Old 05-03-2013, 09:35 PM   #8
JessLCH
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So is there ANYONE out there who actually got access to and read the nitty gritty docs and details of the purchase before signing a generic resale contract? I cannot imagine that I am the only person who would want to read these details before spending a large amount of $.

So if you DID read these detailed docs purchasing resale, can you explain how you gained access to them? Thanks.
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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Old 05-04-2013, 07:13 AM   #9
MDFam
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I also had your exact same question. The contract talks about the important terms and information you should read before signing, but the resale company doesn't give you any of it! I called Fidelity and asked, and Sharon sent me a POS book which I suspect was an extra they had just lying around. So I did read through that first and have the book, but I am not sure where other resale buyers get that information. Maybe other resale companies send it to you automatically??
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Old 05-04-2013, 07:48 AM   #10
JessLCH
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I also had your exact same question. The contract talks about the important terms and information you should read before signing, but the resale company doesn't give you any of it! I called Fidelity and asked, and Sharon sent me a POS book which I suspect was an extra they had just lying around. So I did read through that first and have the book, but I am not sure where other resale buyers get that information. Maybe other resale companies send it to you automatically??
Thanks so much for this! I sent an email and left a voicemail for Sharon yesterday, but it was at the very end of the day. Will follow up on Monday and hopefully will have the same results as you. Will feel much more comfortable if I can view a POS book!
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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Old 05-06-2013, 08:43 AM   #11
JessLCH
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Update: Just spoke with Sharon who is going to mail me a POS book to review.
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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Old 05-08-2013, 06:22 PM   #12
JessLCH
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Just updating that Fidelity says they mailed me the POS on Monday and I should have it by the end of the week. I sure hope so.
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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Old 05-11-2013, 01:35 PM   #13
JessLCH
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Finally received the DVC Component Site POS in the mail today from Fidelity! Was beginning to think I would not get it. We can read through it this weekend and sign and submit contract on Monday.
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)

Last edited by JessLCH; 05-11-2013 at 01:37 PM. Reason: Typo
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Old 05-12-2013, 06:25 AM   #14
agie65
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Quote:
Originally Posted by collections View Post
I think you may be missing some pages. I think my Fidelity contract was longer than that.
Fidelity contract is usually 11pages long, TSS will send in one page, I used both for resale purchases and both works differently.
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Old 05-12-2013, 06:41 AM   #15
JessLCH
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Fidelity contract is usually 11pages long, TSS will send in one page, I used both for resale purchases and both works differently.
Yes, it was 11 paged including all the pages that need to be signed. But the actual "contract" describing terms was 4 pages. Anyhow, I do have a POS book now too, which is what I was asking about.
__________________
First visit: The Contemporary 1972
BLT Owner 2013, VWL Owner 2014

Wilderness Lodge Villas (2/07, 2/09, 12/13, 9/14)
Grand Californian Villas (8/10)
Saratoga Springs Resort (11/11)
Disney Dream (2/12)
Royal Pacific Resort Universal ( 2/12, 9/14)
Wyndham Bonnet Creek Presidential (11/12)
Disneyland Hotel (8/13)
Bay Lake Tower (10/13, 11/14)
Animal Kingdom Villas Kidani/Jambo (1/14, 12/14)
Aulani (8/14)
Grand Floridian Villas (1/15)
Hilton Head (5/15)
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