I purchased a Marriott week on eBay this past summer. It was listed by what I'm sure is a "postcard company", but one with a very large amount of positive feedback. Timeshare Closing Services in Orlando...which I have closed with before and which seems to be a reputable company...handled the closing.
Today, I received my deed in the mail...and a surprise. I paid less than $1000 for this platinum Marriott week, but the deed lists the purchase price as nearly $8000. It's already been recorded, and the transaction is complete. All the prior paperwork had the correct purchase price on it.
I hope it wasn't intentional to either pass ROFR or to provide a tax deduction to the seller. I did not, and would not, sign anything to falsify the purchase price. I work in the title industry, and I take these things seriously. Could it possibly be an honest mistake? That seems doubtful. I also doubt they'll be willing to fix it as they had a very hard time getting the signed deed from the previous owner as it was.
Steve
Today, I received my deed in the mail...and a surprise. I paid less than $1000 for this platinum Marriott week, but the deed lists the purchase price as nearly $8000. It's already been recorded, and the transaction is complete. All the prior paperwork had the correct purchase price on it.
I hope it wasn't intentional to either pass ROFR or to provide a tax deduction to the seller. I did not, and would not, sign anything to falsify the purchase price. I work in the title industry, and I take these things seriously. Could it possibly be an honest mistake? That seems doubtful. I also doubt they'll be willing to fix it as they had a very hard time getting the signed deed from the previous owner as it was.
Steve