Closing and 2014 Maintenance Fees

[Politico]

I'm in the middle of closing on a Starwood timeshare and 2014 maintenance fees have already been billed to the current owner. Any thoughts on how to proceed with paying those maintenance fees? I think I have a few options:

1) pay the 2014 MF directly to the closing company; or

2) wait for the deed to transfer then pay the 2014 MF directly to Starwood, but I don't know if Starwood will approve the transfer without 2014 MF being paid first.

I am trying to avoid delay and mixup as I have seen others encounter big problems with payment of MFs during closing. Thoughts or advice?

 

[DeniseM]

The number for the Starwood Title Office is in owner resources at the top of the forum - I'd call them directly.

My choice would be to pay it directly to Starwood, or to have the owner pay it now, provide proof of payment, and then add it to the purchase price in escrow.

 

[BLUE AYES]

Personally, I would not pay the maintanence directly to *wood on a TS before I owned it. Have it done through the closing agent. What happens if you pay *wood and the deal doesn't go through ? You chase the seller ?

 

[DeniseM]

Yeah, but that's not what he said;

2) wait for the deed to transfer then pay the 2014 MF directly to Starwood, but I don't know if Starwood will approve the transfer without 2014 MF being paid first.