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Resort Closings, Inc - Anyone use them..
- Thread starter Andmilair
- Start date
With a little searching here, you'll find LOTS of posts about this closing company. Short summary: located in Bozeman, Montana. Competent. Slow. Run by an attorney, last name Tarpey (James, I believe, not certain). No reason to have any misgivings about them --- unless you need a truly speedy closing.
Bill4728
Moderator
I agree with Theo's summary. The overall feeling here seems to be competent but slow.
gregloucks
TUG Member
A positive experience
We just had a good experience with them They closed our escrow within five weeks of opening, including the full 15 days that Marriott took to waive ROFR, and a few extra days required becasue we sent a personal check rather than wiring the funds. We were pleasantly surprised after having read the comments from other TUGGERS.
We just had a good experience with them They closed our escrow within five weeks of opening, including the full 15 days that Marriott took to waive ROFR, and a few extra days required becasue we sent a personal check rather than wiring the funds. We were pleasantly surprised after having read the comments from other TUGGERS.
- Joined
- Jun 6, 2005
- Messages
- 917
- Reaction score
- 18
- Location
- El Cajon, CA
- Resorts Owned
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Westin Mission Hills, CA;
Los Abrigados, AZ;
The Whaler, HI;
Playa Del Sol Costa Sur, MX;
Westgate Park City, UT
I have closed both resales I purchased and was happy with their service.
nazclk
TUG Member
Resort Closings
Very good to work with, sometimes a little longer than most, but everything is correct in the end, and that's what we all want I would think.
Very good to work with, sometimes a little longer than most, but everything is correct in the end, and that's what we all want I would think.
sailingman22
TUG Member
Resort Closings
I would recommend closely reviewing all your paperwork prior to signing anything. Our first timeshare paperwork had the incorrect description of the property and we had to have the correct documents faxed to Maui that needed to be notarized. Canadians have to notarize their paperwork in the US.
We are currently closing on another timeshare through Resort Closings and were missing the page needing to be notarized. If you can successfully get the correct documents sent to you, the closing people seem to do a good job.
I would recommend closely reviewing all your paperwork prior to signing anything. Our first timeshare paperwork had the incorrect description of the property and we had to have the correct documents faxed to Maui that needed to be notarized. Canadians have to notarize their paperwork in the US.
We are currently closing on another timeshare through Resort Closings and were missing the page needing to be notarized. If you can successfully get the correct documents sent to you, the closing people seem to do a good job.
DavidnRobin
TUG Member
- Joined
- Dec 20, 2005
- Messages
- 11,876
- Reaction score
- 2,273
- Location
- San Francisco Bay Area
- Resorts Owned
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WKORV OFD (Maui)
WPORV (Kauai)
WSJ-VGV (St. John)
WKV (Scottsdale)
TUG can easily be Googled - google key terms here (Tarpey, etc.) - and read many posts about RCI - best.
Carolinian
TUG Member
The key question for ANY closing company is are they licensed in the state where the timeshare is located?
From my recollection, the attorney who runs this operation is licensed to practice law in a state other than Montana (Colorado, I think - check the state bar listings) and would certainly be qualified to do closings in the state where he has his law license. Unless he is licensed himself in other states or associates duly licensed attorneys in those states, then that is another matter entirely.
The North Carolina State Bar has issued cease and desist orders to many of these out of state timeshare closing companies. I have not seen the exact list of which companies, but if one is looking for a North Carolina closing, you can check with the NC State Bar to find out.
Indeed for any closing company, I would ask the name of the person who will prepare the deed. Then I would call the State Bar of the state where the timeshare is located and ask if that person is licensed to prepare deeds in that state. If they are not, then run, don't walk, away from that closing company. If they say it is ''attorney reviewed'' ask the name of the attorney and ask the same question.
Many State Bars publish their membership lists online, so you may well be able to look this up online.
If one of these closing companies comes up with a draft deed that shows either the buyer or seller as the one who prepared the deed, then that is a huge red flag that the closing company is trying to circumvent state licensing laws. Companies deliberately trying to circumvent the law are companies that you should be especially wary of. Violating those licensing laws is a criminal offense in many states, and they are setting the buyer or seller up, at least in theory, as an accessory.
From my recollection, the attorney who runs this operation is licensed to practice law in a state other than Montana (Colorado, I think - check the state bar listings) and would certainly be qualified to do closings in the state where he has his law license. Unless he is licensed himself in other states or associates duly licensed attorneys in those states, then that is another matter entirely.
The North Carolina State Bar has issued cease and desist orders to many of these out of state timeshare closing companies. I have not seen the exact list of which companies, but if one is looking for a North Carolina closing, you can check with the NC State Bar to find out.
Indeed for any closing company, I would ask the name of the person who will prepare the deed. Then I would call the State Bar of the state where the timeshare is located and ask if that person is licensed to prepare deeds in that state. If they are not, then run, don't walk, away from that closing company. If they say it is ''attorney reviewed'' ask the name of the attorney and ask the same question.
Many State Bars publish their membership lists online, so you may well be able to look this up online.
If one of these closing companies comes up with a draft deed that shows either the buyer or seller as the one who prepared the deed, then that is a huge red flag that the closing company is trying to circumvent state licensing laws. Companies deliberately trying to circumvent the law are companies that you should be especially wary of. Violating those licensing laws is a criminal offense in many states, and they are setting the buyer or seller up, at least in theory, as an accessory.
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