Stljayhawk
TUG Member
Thank you for all of the advice regarding the purchase of our timeshare. We really are looking forward to becoming “officially tuggers” and can hopefully help others in the future as we gain experience and knowledge, with fun travel memories along the way.
After much research, timeshare presentations, and advice from this board, we decided that a 2Br plat WKV would be the best investment for our family. We are currently in the process of purchasing this property, and the process is taking quite a bit longer than anticipated. We would appreciate any advice or input that you could over. Here is our current timeline-
Note- we are planning on paying for and using 2015 options. We were planning on using some at Lagunamar this fall, and banking some. However, as July 1 is quickly approaching, feeling very uncertain about that plan-
We are dealing with Angie Edwards, Fidelity Real Estate Timeshare Division- she was the listing agent.
March 10- Signed contract and returned to Angie, Deposited $1000 with the closing and escrow company that she uses.
March 17- emailed for update. Told we were waiting on estoppel from Westin, and once it was received, we will proceed to closing. “you should receive your closing statements within the next 3-4 weeks”. The remained of the purchase price will be due at that time. Once all of the funds are in escrow, the deed will go to record in your name then sent to the resort to complete the transfer. “the account should be fully transferred in 12-14 weeks”.
March 27-we asked for an update, and reminded her that time was important, as we would like to use the 2015 options.
March 30- they replied “ we are checking with the closing company”
April 1- “Estoppel has been ordered. Closing statements and estoppel should arrive in 3 weeks”. “Currently starwood is taking 20-30 days to transfer ownership”.
April 22- we emailed again, requesting estoppels status and schedule for closing documents.
April 23- we received notice that the estoppels have been received, and the paperwork is at the closing company. We are now awaiting title search documents and should have paperwork within the next 2 weeks.
May 11- we sent emails to both the agent and closing company- concerned about the timeline-
After much research, timeshare presentations, and advice from this board, we decided that a 2Br plat WKV would be the best investment for our family. We are currently in the process of purchasing this property, and the process is taking quite a bit longer than anticipated. We would appreciate any advice or input that you could over. Here is our current timeline-
Note- we are planning on paying for and using 2015 options. We were planning on using some at Lagunamar this fall, and banking some. However, as July 1 is quickly approaching, feeling very uncertain about that plan-
We are dealing with Angie Edwards, Fidelity Real Estate Timeshare Division- she was the listing agent.
March 10- Signed contract and returned to Angie, Deposited $1000 with the closing and escrow company that she uses.
March 17- emailed for update. Told we were waiting on estoppel from Westin, and once it was received, we will proceed to closing. “you should receive your closing statements within the next 3-4 weeks”. The remained of the purchase price will be due at that time. Once all of the funds are in escrow, the deed will go to record in your name then sent to the resort to complete the transfer. “the account should be fully transferred in 12-14 weeks”.
March 27-we asked for an update, and reminded her that time was important, as we would like to use the 2015 options.
March 30- they replied “ we are checking with the closing company”
April 1- “Estoppel has been ordered. Closing statements and estoppel should arrive in 3 weeks”. “Currently starwood is taking 20-30 days to transfer ownership”.
April 22- we emailed again, requesting estoppels status and schedule for closing documents.
April 23- we received notice that the estoppels have been received, and the paperwork is at the closing company. We are now awaiting title search documents and should have paperwork within the next 2 weeks.
May 11- we sent emails to both the agent and closing company- concerned about the timeline-