First American Title

[Magiknight]

I am selling a timeshare in Maui at the Marriott Ocean Club. I have a buyer. So, I am interested in advice about a good company to help me close the deal, handle the paperwork, and such. Marriott has the first right to refusal so I still have to deal with that.

Marriott suggested using First American Title. They have a Maui office.

Does anybody have experience with this website? http://firstamericantitle.com/

Are there any suggestions about this company?

By the way, the buyer wants to use Timeshare Transfers but I pushed back based solely on Marriott's recommendation. Is this a good company?

Are there any existing messages on either of these companies?

Just one more point, is there a location that lists all the steps involved in the process of selling the timeshare. I just want to have a checklist of each of the steps. The first item on the checklist is to get a buyer which I did using craiglist in Hawaii.

Thank you for any help!

Regards,
Magiknight

 

[theo]

I am selling a timeshare in Maui at the Marriott Ocean Club. I have a buyer. So, I am interested in advice about a good company to help me close the deal, handle the paperwork, and such. Marriott has the first right to refusal so I still have to deal with that.

Marriott suggested using First American Title. They have a Maui office.

Does anybody have experience with this website? http://firstamericantitle.com/

Are there any suggestions about this company?

By the way, the buyer wants to use Timeshare Transfers but I pushed back based solely on Marriott's recommendation. Is this a good company?

Are there any existing messages on either of these companies?

There is certainly nothing wrong with First American Title and their reportedly having a Hawaii office could prove to be a "plus".

Timeshare Transfer, Inc. (Vero Beach, Florida) is a long established and well respected closing company. That said, one of the principals in the business passed away some months ago; I don't know the current status or efficiency of the company today. Moreover, there are many states in which they don't handle closings at all; their web site home page lists all of the states for which TT handles timeshare closings.

BUT...
Timeshare Transfers (in Colorado) has no such track record of proven competency and / or reliability.
On the contrary, conducting a search on this entity will promptly yield numerous stories and reports of unhappy and dissatisfied customers.

 

[Syed]

Try Hawaii Escrow and Title Inc. in Lahaina. I have used them many times. They know Marriott's requirements and the sale will be done in full compliance of Hawaii laws.

 

[Stefa]

No personal experience with any company named in this thread, but my experince has been that using a closing company based in Hawaii will result in much faster service.

 

[Ron98GT]

First American Title is a well established Title Company, that also handles escrows (which are required by law in NV). Although I have not used their services in Hawaii, nor have I used their services for TS's yet, I have used their services many times for residential real estate, both single family homes and raw land here in NV. I have heard their name referred to a number of times as a closing agent for TS's. Marriott referred them and I assume that they use them. Although I would have no problem using their services for a TS, they will probably cost a little more than your basic $295 TS closing service.

 

[richardm]

First American Title is the company that provides title policies for Marriott on developer sales, so they will have a long history of performance with that brand. Syed's suggestion is also a very good choice.

 

[scpoidog]

I used First American Title last year to close in HI. I was told that Hawaii has some unique filing requirements and is generally a pain in the xxx if you don't live there to revise or refile documents.

First American knew what to do and handled everything.