LT Transfers charges under $200 in closing plus the Wyndham $299 resort transfer fee. It may be worth the additional $200 not to deal direct with Wyndham unless the OP has VIP benefits tied to this ownership.Why wouldn't you use Ovations (I think they call it Legacy). I thought Wyndham took care of family transfers (in your situation) for no fees. Sorry for your loss.
They told me I need to transfer the deed into my name. I am the executor, but since my mother had no assets, and there was no will, the timeshare was the only "asset", I'm wondering since it's considered real estate, if I need to go Probate. I'm listed as executor on the wyndham page, but they won't do the transfer for some reasonWhy wouldn't you use Ovations (I think they call it Legacy). I thought Wyndham took care of family transfers (in your situation) for no fees. Sorry for your loss.
What resort is the deed at? If it is a higher maintenance fee deed let it go. If you have VIP benefits attached to it you may want to keep it and transfer it into your name.They told me I need to transfer the deed into my name. I am the executor, but since my mother had no assets, and there was no will, the timeshare was the only "asset", I'm wondering since it's considered real estate, if I need to go Probate. I'm listed as executor on the wyndham page, but they won't do the transfer for some reason
I've heard that before. Until it's in your name, they cannot transfer the account to you. It's their standard practice that the deed has to be in your name. Otherwise, you could walk away at any time. Did she have VIP status? If not, what resort did she own? Both of those questions are important in deciding whether or not to take on the financial commitment. If she has VIP, I would recommend keeping it if you can afford the monthly payments and can use it. She invested a lot of money into it, and it can enhance your ownership. I would suggest you handle the transfer part through Wyndham after the deed has been recorded in your name. That's the only way you will retain VIP status. Just make sure LT knows you only need the deed part done. You will handle the rest through Tribute. If they submit the paperwork to Wyndham, it might go through the wrong channels and you will lose VIP status. If she does not have VIP, but she owns at a low maintenance fee resort, it might be worth keeping. If it's high maintenance fees, it might be worth walking away from unless you plan on making a purchase of more points. You can trade those in for a lower maintenance fee resort points, but in most cases, you have to be at that resort to purchase them. So if you want Canterbury points, you have to travel to Canterbury.They told me I need to transfer the deed into my name. I am the executor, but since my mother had no assets, and there was no will, the timeshare was the only "asset", I'm wondering since it's considered real estate, if I need to go Probate. I'm listed as executor on the wyndham page, but they won't do the transfer for some reason
What resort is the deed at? If it is a higher maintenance fee deed let it go. If you have VIP benefits attached to it you may want to keep it and transfer it into your name.
The deed is at Bali Hai, very low MF's. Also it is VIP gold, and I have added a couple free contracts to it. She had 2 contracts, one was already in my name as joint tenant. So I definitely want to keep it.I've heard that before. Until it's in your name, they cannot transfer the account to you. It's their standard practice that the deed has to be in your name. Otherwise, you could walk away at any time. Did she have VIP status? If not, what resort did she own? Both of those questions are important in deciding whether or not to take on the financial commitment. If she has VIP, I would recommend keeping it if you can afford the monthly payments and can use it. She invested a lot of money into it, and it can enhance your ownership. I would suggest you handle the transfer part through Wyndham after the deed has been recorded in your name. That's the only way you will retain VIP status. Just make sure LT knows you only need the deed part done. You will handle the rest through Tribute. If they submit the paperwork to Wyndham, it might go through the wrong channels and you will lose VIP status. If she does not have VIP, but she owns at a low maintenance fee resort, it might be worth keeping. If it's high maintenance fees, it might be worth walking away from unless you plan on making a purchase of more points. You can trade those in for a lower maintenance fee resort points, but in most cases, you have to be at that resort to purchase them. So if you want Canterbury points, you have to travel to Canterbury.
I'm sorry for your loss. I know what it's like to lose a parent. Hopefully, you can enjoy what she left you.
The deed is at Bali Hai, very low MF's. Also it is VIP gold, and I have added a couple free contracts to it. She had 2 contracts, one was already in my name as joint tenant. So I definitely want to keep it.
The deed is at Bali Hai, very low MF's. Also it is VIP gold, and I have added a couple free contracts to it. She had 2 contracts, one was already in my name as joint tenant. So I definitely want to keep it.
I would like to thank you all for the helpful hints. The ball has started rolling, so thats a good thing!! You Tuggers are the best!!Hawaiian transfers may be more involved than for other states and counties. They specifically require your transfer to be done by a local entity, but if there’s no escrow involved that may simplify their requirements.
Hopefully Hawaii won’t require that a separate probate to be opened and as Richelle said just require both the letters of authority and a death certificate to initiate the transfer.
Sent from my iPhone using Tapatalk