• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Title/Escrow for Hawaii TS Purchase

jlinney

TUG Member
Joined
Jan 2, 2012
Messages
2
Reaction score
0
Points
111
Location
San Diego, CA
Hello Tuggers and thank you for always sharing great information.
I'm helping a friend by a unit advertised here on TUG and the seller is nice but not much help. Do you have a recommendation for Title/Escrow for a Hawaii TS? 2nd Question - Seller is stating the unit is floating so there will not be a unit # assigned in escrow.....this has not been my experience in purchasing timeshares in the past, there has always been a unit # on the deed......any feedback will be appreciated.
 

sjsharkie

TUG Member
Joined
Dec 26, 2012
Messages
2,321
Reaction score
441
Points
293
Hello Tuggers and thank you for always sharing great information.
I'm helping a friend by a unit advertised here on TUG and the seller is nice but not much help. Do you have a recommendation for Title/Escrow for a Hawaii TS? 2nd Question - Seller is stating the unit is floating so there will not be a unit # assigned in escrow.....this has not been my experience in purchasing timeshares in the past, there has always been a unit # on the deed......any feedback will be appreciated.
I use LT for all of my Hawaii transfers thus far, though there was no escrow involved. Since HI transfers need escrow held by a Hawaiian firm, you will need to do a search of past threads with this info or maybe someone else will chime in.

For your 2nd question, request an estoppel (or have the closing company request one for you). They should verify the property in question with the resort/HOA. Unless this is a non-deeded unit (i.e. club membership type arrangement with no deeded property), I'd also question that there is no unit # as there is typically a deeded unit involved in the transfer of real property. Since you didn't provide any resort information, there is no way for us to tell.

-ryan
 

TXTortoise

TUG Member
Joined
Sep 4, 2005
Messages
1,467
Reaction score
593
Points
473
Location
San Antonio, TX
Resorts Owned
Maui OC Lahaina Fixed (3+)
Kauai Waiohai
Vail Streamside Birch
Depending on resort and when your friend wants to go it would be in their best interest to get the seller to book a preferred week now, e.g., 2021 reservations for winter are already underway.

I expect the seller is confusing the deeded unit number with a reservation number.

I love LT Transfers for speed and price, but since they no longer do a poor man‘s escrow by holding the check for Hawaii, I used the following to close via a broker and didn’t have to go through a title company for escrow. They had their own HI escrow service.

Paul Lark
 

CPNY

TUG Member
Joined
Jun 18, 2019
Messages
7,508
Reaction score
4,393
Points
349
Resorts Owned
Harborside Resort at Atlantis
SVV - Key West/Bella
WKV
Regal Vista at Massanutten
Hello Tuggers and thank you for always sharing great information.
I'm helping a friend by a unit advertised here on TUG and the seller is nice but not much help. Do you have a recommendation for Title/Escrow for a Hawaii TS? 2nd Question - Seller is stating the unit is floating so there will not be a unit # assigned in escrow.....this has not been my experience in purchasing timeshares in the past, there has always been a unit # on the deed......any feedback will be appreciated.
I’ve used both stated above. LT was much quicker, but a Paul was also closing my Harborside unit which has to go through the Bahamas and was happening at the time of Dorian. LT is going to be less expensive and get the job done.
 
Top