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Re: Need for escrow (by R P.):

peterp151 wrote:

karik27, if you only use title and escrow companies to close timeshares, your point and experience is well made. But those companies cost a lot and timeshare closing companies are often used because they cost less.

This is where a prospective buyer's "due diligence" comes into play. They can check with the resort to make sure there are no liens, the prospective seller is the actual owner of the week listed for sale and there are no back maintenance fees/taxes owed.

I have done due diligence many times on timeshares I've bought.