TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. 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 24 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG has now saved timeshare owners more than $10,000,000 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 $10Million dollars
    Dismiss Notice
  4. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  5. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  6. 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!

    Read more Here
    Dismiss Notice
  7. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  8. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

"Old" resale week and title issue [Pahio at KaEoKai]

Discussion in 'US - Hawaii Timesharing' started by tfalk, Aug 29, 2018.

  1. tfalk

    tfalk Guest

    Joined:
    Nov 8, 2005
    Messages:
    258
    Likes Received:
    0
    Trophy Points:
    176
    Location:
    Somerset NJ
    Just putting this out there, hopefully we are the only ones stuck dealing with this... If you have a 'resale' week that you bought many years ago, you might want to check your title documents...

    We bought a resale week on 1992 from Pahio at KaEoKai. At the time, I thought we were
    purchasing it directly from the resort and never paid any attention to the deed. BIG mistake...

    Apparently KaEoKai had the deed transferred directly from the previous owners to us using
    Hawaii Escrow and Title (HET). We tried to ovation the week last year, Wyndham refused it
    because they claimed there was 'a cloud' on the title...

    As it turns out, the previous owners had a mortgage through a bank in the midwest. They paid
    off the mortgage and HET recorded a release. Unfortunately, they recorded it incorrectly. The
    release does not point back to the original mortgage, it points to some other document. Based
    on that, Wyndham said we needed to get a correct release of mortgage filed.

    The bank in the midwest was liquidated in 2011. HET went out of business years ago and this
    is past the date that the records had to be retained...

    So, we now have a week that we can't sell, can't give away and can't give back to Wyndham.

    Only advice we've been given so far is stop paying the maintenance fees and let it go into foreclosure... really nice to know I'm going to have to take a credit it to fix someone else's screwup 26 years ago :(
     
  2. breezez

    breezez TUG Member

    Joined:
    Jul 1, 2015
    Messages:
    621
    Likes Received:
    333
    Trophy Points:
    124
    Location:
    Dover, FL
    Resorts Owned:
    WorldMark 39K
    Wyndham 406K
    RCI Points 196K
    Sorry to here this. I would go see a real estate attorney or speak with one in Hawaii. They may be able to help.
     
  3. Panina

    Panina TUG Review Crew: Expert TUG Member

    Joined:
    Jul 13, 2015
    Messages:
    2,208
    Likes Received:
    1,893
    Trophy Points:
    223
    Location:
    USA
    Resorts Owned:
    Hgvc Eagles Nest, Hgvc Surf Club at Marco Island, Hgvc Plantation Beach Club at Indian River, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort Key West, Blue Ridge Village
    Wonder how they will foreclose on the property if cloud is on title. Talk to a real estate lawyer, there has to be a way to fix.
     
  4. jacknsara

    jacknsara TUG Member

    Joined:
    Jun 8, 2005
    Messages:
    697
    Likes Received:
    27
    Trophy Points:
    238
    Location:
    Mercer Island WA
    Resorts Owned:
    Pahio Kauai Beach Villas, Pahio Shearwater
    breezez and klpca like this.
  5. tfalk

    tfalk Guest

    Joined:
    Nov 8, 2005
    Messages:
    258
    Likes Received:
    0
    Trophy Points:
    176
    Location:
    Somerset NJ
    I probably should have clarified... the advice to let it go into foreclosure came from
    a real estate attorney in Kona who specializes in hawaii title issues... :(
     

Share This Page