Question on partial transfer of timeshare

[PigsDad]

I'll see if they sent me the estoppel -- I know they (title company) had said HGVC didn't note the loan in the estoppel and they were later surprised to hear there was a loan balance. I don't recall actually seeing the estoppel from HGVC.

Red flag here. With every resale I have purchased, the broker sent me the estoppel before I signed the final papers (I didn't have to explicitly ask for it). I would never just take the word of the closing company on what the estoppel stated.

Have you contacted HGVC yet to ask about the estoppel? Seems like a key piece of evidence for your claim against the closing company / original owner.

Kurt

 

[Bsachetti]

Red flag here. With every resale I have purchased, the broker sent me the estoppel before I signed the final papers (I didn't have to explicitly ask for it). I would never just take the word of the closing company on what the estoppel stated.

Have you contacted HGVC yet to ask about the estoppel? Seems like a key piece of evidence for your claim against the closing company / original owner.

Kurt

Can anyone request an estoppel? Is there a cost?

 

[PigsDad]

Can anyone request an estoppel? Is there a cost?

I believe so, but I think there is a cost -- just call and ask.

Kurt

 

[OldGuy]

It also seems like a slam dunk credit card dispute for the $1600. You say you tried to contact the "merchant" and they are non-responsive/out of business/took your money and ran.

I've won disputes for less egregious merchant conduct.

 

[seagila]

Can anyone request an estoppel? Is there a cost?

Here's the Estoppel Request Form you will need to submit, if you have all the information it's asking. Not sure if it's still the $59 fee. It may have gone up.

Try calling 800.521.3144 if you have questions about the process. Good Luck!

 

[Talent312]

I have to wonder if there ever was an estoppel issued.
They were blowing smoke by telling you what it said w/o sending it to you.
.

 

[dioxide45]

If you do nothing and a foreclosure is filed for the loan or MF's,
you will be named as a defendant and served, even if not liable
for any $$ personally, just 'cuz your name's in the chain of title.
IOW, you will be id'd as someone having "an interest" in it.

I agree. In addition to trying to recover the $1,600, I would also suggest just quit claiming it back to the prior owner to protect against what you mention.