Slow Transfer Time

[TXTortoise]

Had two weeks finally leave my account...I use the Weeks Portfolio screen to track ownership. They both dropped today, same day title company/closer was notified the transfer was completed. 4-5 months, end-to-end.

Both Maui Weeks -

Week 1 - April to late August

Started with timely paperwork to MVCI with Estoppels in April. Between COVID and MVCI processor issues/mistakes at almost every step, it finally transferred to the buyer in about four months, e.g., staffing constraints, Hawaii work packages not picked up, Buyer/Seller IDs lost and had to be resent, putting us back of the line again. Joy...

Week 2 - April to late August

Started with ROFR waiver received on 23 April. 19 May still waiting on Estoppel. Estoppel finally arrived in mid-June. Title closed on 29 Jun. So another month for it to actually move to the buyer's account.

 

[dioxide45]

Had two weeks finally leave my account...I use the Weeks Portfolio screen to track ownership. They both dropped today, same day title company/closer was notified the transfer was completed. 4-5 months, end-to-end.

Both Maui Weeks -

Week 1 - April to late August

Started with timely paperwork to MVCI with Estoppels in April. Between COVID and MVCI processor issues/mistakes at almost every step, it finally transferred to the buyer in about four months, e.g., staffing constraints, Hawaii work packages not picked up, Buyer/Seller IDs lost and had to be resent, putting us back of the line again. Joy...

Week 2 - April to late August

Started with ROFR waiver received on 23 April. 19 May still waiting on Estoppel. Estoppel finally arrived in mid-June. Title closed on 29 Jun. So another month for it to actually move to the buyer's account.

Interestilnly enough, if the time to complete each individual step was added together it would probably come out to less than an hour!

 

[anilnagori]

In my case, I asked them about the status of the transfer request by providing them owner IDs and FexEx tracking # of the packet sent. They responded back saying that they have not received a transfer request and asked me to tell the escrow agent to resend it .

I sent an email to my escrow agent to resend the transfer request. She responded back saying that she just received an email notification that the transfer process is complete

It seems like their transfer process is very inefficient and they don't know what they are doing!