• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Starting escrow- how to know if lock-off/unit/week

travelmom11

Guest
Joined
Jun 19, 2011
Messages
150
Reaction score
1
Points
178
Location
CA
Im starting escrow :) on a Koolina property. When do I know if the unit is indeed a lock off, what view and week (if that matters). As I stated we are just starting the process and the week and view are left blank but does have a interval number. Where can I find out what it is? I have the advertisement and I have asked and am sure it is the same, but just in case. I think I have read some where on this forum that I need to make sure everything is correct in the deed. When will that be? after they do a title search?
 
Last edited:

BJRSanDiego

TUG Review Crew: Expert
TUG Member
Joined
Jan 8, 2012
Messages
3,448
Reaction score
1,923
Points
398
Location
San Diego
Resorts Owned
Sands of Kahana, Desert Springs I, DSV2, Shadow Ridge Enclaves Dlx
Suggestions on checking up

Last year I bought another Marriott (Desert Springs II). I called up owner services and explained that I was buying and I gave them the unit ID number (in my case it was a number along the lines of DS*9876*15*B (this isn't the real number). The "15" was the week number (for recording purposes - - but it confirmed to me that it was a "gold" week). "B" signified (IIRC) "Both" years rather than an even year or an odd year. "DS" stood for Desert Springs. The people at the other end of the phone were pretty cooperative and confirmed to me that it was the season that it was represented to be, an annual, and a lockoff.

On Tug, I read advice about Estoppel. Apparently an owner can request an Estoppel letter which identifies the unit, liens, etc. I recall from reading on TUG also that if you have the seller and buyer on the phone with Marriott Owner services that you might get reasonable info over the phone.

I didn't research my unit with a lot of scrutiny because I was buying on eBay from a seller who had sold TONS of TS and had a near perfect rating. But if I was buying from someone with only a few TS sales (check this), then I would have been more concerned. I was only paying a few hundred bucks and my strategy was that if it turned out to be something other than advertised that I was going raise "Holy H..." and make them refund my $. But it was a good seller and that wasn't necessary. :cheer:

I suspect that there are LOTS of other people out there that have more insight than I do and who will offer additional or different advice.
 

dioxide45

TUG Review Crew: Expert
TUG Member
Joined
May 20, 2006
Messages
47,572
Reaction score
19,101
Points
1,299
Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
The estoppel will provide the view detail, but you don't need to worry about lock off or not. Even if the unit you are deeded is a dedicated 2BR unit, you still have the ability to lock off. There are many resorts where only some of the units are lock off capable, but all owners have the ability to lock off, based on availability first come first serve.
 

travelmom11

Guest
Joined
Jun 19, 2011
Messages
150
Reaction score
1
Points
178
Location
CA
thank you. Is title insurance and an estoppel letter the same thing? Dont they both check to make sure all liens are cleared, etc?
 

jhac007

TUG Member
Joined
Oct 30, 2005
Messages
435
Reaction score
86
Points
388
Location
West Virginia
Resorts Owned
Ko Olina BC, Waioha BC, Crystal Shores (2 Gold), Kierland (Gold Plus), Ocean Pointe, Eagle's Nest, Vistana BC, Villas at Doral, Mizner Place, Windward Pointe, Star Island
Im starting escrow :) on a Koolina property. When do I know if the unit is indeed a lock off, what view and week (if that matters). As I stated we are just starting the process and the week and view are left blank but does have a interval number. Where can I find out what it is? I have the advertisement and I have asked and am sure it is the same, but just in case. I think I have read some where on this forum that I need to make sure everything is correct in the deed. When will that be? after they do a title search?

Considering the other comments....and if you really want to know call the resort (Ko Olina) and give them the info you have (assuming you have a unit number) and they should tell you exactly, at least that's what I did with my Ko Olina purchase earlier this year.
 

dioxide45

TUG Review Crew: Expert
TUG Member
Joined
May 20, 2006
Messages
47,572
Reaction score
19,101
Points
1,299
Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
thank you. Is title insurance and an estoppel letter the same thing? Dont they both check to make sure all liens are cleared, etc?

They are not the same thing. Title insurance will insure against title defects against your ownership to the property. They will run a property check to verify that there are no liens. Title insurance won't be concerned with the size or view of the unit. Marriott's estoppel will tell you about any lien that Marriott holds and will provide view and unit size verification.
 

travelmom11

Guest
Joined
Jun 19, 2011
Messages
150
Reaction score
1
Points
178
Location
CA
thank you. I have called owner services a few times and they will not tell me anything. I think I will just wait for the estoppel letter.
 
Top