looking for a good title co. for escrow

any suggestions on who to contact? I am buying an after-market timeshare, but the escrow co. fees seem too high. I recall seeing something offered (thru Redweek ?) for around $200 MikeQcm

Many longtime timeshare owners use www.timesharetransfer.com ..... they have a good reputation ..... also JRA Services (don't know their web address, but you google it) has a good reputation.

JRA Services = http://www.timeshareresaleclosings.com/ .....

jayjay wrote:

JRA Services = http://www.timeshareresaleclosings.com/ .....

thanks, I'll check them out

msmcquiddy wrote:

any suggestions on who to contact? I am buying an after-market timeshare, but the escrow co. fees seem too high. I recall seeing something offered (thru Redweek ?) for around $200

It's not clear to me from your post whether you are literally just looking for "escrow" services (escrow really just involves a "middleman" handling of funds between buyer and seller) or whether you are actually looking for full CLOSING services (which includes new deed prepartion and recording, obtaining estoppel letter from resort, later notification to resort of the ownership change --- AND the actual escrow of purchase funds involved).

You will not find full CLOSING services anywhere for less than around $300. The two companies mentioned previously by another poster in this thread are both very competent and reliable. Personally, I wouldn't even consider using anyone besides one of those two entities. There are lots of inept "wannabe" closing companies out there which are only marginally competent (at best), yet still charge MORE than either JRA or Timeshare Transfer.

Redweek suggests American Title Insurance but as Ken says, any sort of escrow service is going to cost around $300, which to me is worth it for holding monies until entire transaction is complete and for handling all paperwork. http://www.redweek.com/resources/sale_process/escrow/

There's a reliable TUG member that handles transfers without escrow and he charges much less. I believe his website is www.timetraveltraders.com ....

Edited to add: www. timetraveltraders must have gone out of business .... their website is not to be found.

jayjay has incorrectly stated: >> ...as Ken says, any sort of escrow service is going to cost around $300.<<

NO, that's NOT what Ken said at all. Instead, Ken tried to make clear the important distinction between mere ESCROW services and full CLOSING services. The term ESCROW involves NOTHING MORE THAN holding and dispursing money as "middleman" in a transaction (with no deed work or estoppel or resort notification) whereas full CLOSING services include all deed prep and recording, estoppel and direct notification to the resort of an ownership change. ESCROW services alone can be obtained for $100, but ESCROW alone is entirely inadequate and incomplete unless deed prep and recording is also performed to finalize (and render legally complete) the ownership transfer. To repeat --- one more time --- it's full CLOSING services that will cost around $300 (as I had very clearly initially stated, but I was subsequently misquoted by someone else). =====================================

Re: >> There's a reliable TUG member that handles transfers without escrow and he charges much less. <<

Allan (known as "ttt" on TUG) is NOT "out of business" and he still performs deed preparation and recording services for about $100, but he does not and will not get involved in ANY monetary matters or escrow of funds in any amount. His services are therefore best utilized for zero (or VERY low) purchase cost transfers. Since the OP specifically mentioned a resale purchase, I assume that there is money involved and, accordingly, the "ttt" option is likely NOT suitable for the OP's situation. OP needs a FULL CLOSING SERVICE, or so it seems to me....

I'm not going to argue with you Ken (that seems to be your only purpose for posting here or on TUG) .... I tried to answer the question as best I knew how.

BTW, since you KNOW IT ALL then post the URL to ttt's website. When I tried to find it yesterday there was no such web address.

ken1193 wrote:

Re: >> There's a reliable TUG member that handles transfers without escrow and he charges much less. <<

Allan (known as "ttt" on TUG) .... , but he does not and will not get involved in ANY monetary matters or escrow of funds in any amount.

Reading comprehension 101 ... that's what I said .... his name is Alan not Allan.

jayjay wrote:

I'm not going to argue with you Ken (that seems to be your only purpose for posting here or on TUG) .... I tried to answer the question as best I knew how.

BTW, since you KNOW IT ALL then post the URL to ttt's website. When I tried to find it yesterday there was no such web address.

1. I certainly don't "know it all" and have never claimed otherwise. My postings seek ONLY to provide factually accurate information (...or to correct blatantly wrong statements, of which you seem to be a bountiful source here). I confine my input to personal knowledge and accurate information, derived from nearly 30 years of (ongoing) timeshare ownership, even longer legal experience, being an elected POA / Board of Directors member and various ongoing contacts with others currently active in timesharing. By your own admission, for some years now you have neither owned nor used timeshares AT ALL. Accordingly, how can you credibly profess to have any current knowledge in the first place? I submit that merely having easy access to post on a unfiltered Internet "platform" is not much of a credential for credibility.

2. Allan (... and yes, that is indeed the correct spelling of his first name) does NOT have a "web site" (...I'm not sure that he ever did, actually). He lives and works in South Carolina and his timeshare deed work is really only a "sideline" activity to his practice; a service which he offers specifically (and ONLY) to other TUG members, at minimal cost.

BTW "jay jay", weren't you actually BOOTED OFF the TUG site by popular demand, formerly using the name "gin gin" (...back when you were still even allowed to post on the TUG bbs at all, that is?).

In any event, Allan can be contacted directly (by TUG MEMBERS). His user name on TUG is ttt and he can be reached by a PM (private message) sent via the TUG site by TUG MEMBERS (i.e., not "guests") seeking to utilize his limited deed services.

3. I admire your unwavering persistence in pointing out in these RedWeek forums the many risks and pitfalls of "upfront fee" scammers in the timeshare industry. With all due respect however, that particular subject seems to consitute about the full extent of your limited (and also largely obsolete) timeshare knowledge. If you would merely refrain from posting on subjects about which you actually have NO real or substantive knowledge, there would be less of a need to CORRECT your assorted factual inaccuracies and misstatements posted here in the RedWeek forums.

ken1193 wrote:

By your own admission, for some years now you have neither owned nor used timeshares AT ALL. Accordingly, how can you credibly profess to have any current knowledge in the first place? Merely having access to an uncensored Internet "platform" is, I would submit, not really much of a credential...

This is my last reply to you. I don't stoop so low as to argue with narciscisstic fools (it shows in all your posts how much you think of yourself).

What difference does it make if I own 9 timeshare weeks now or that I owned 9 timeshare weeks in the past. The same actions take place now than it did then concerning timeshare transactions, transfers and closings.

We bought 9 timeshare weeks (all but one resale) using closing companies such as www.timesharetransfer.com and we sold 9 timeshare weeks using the same closing services. I sold those timeshares myself via internet ad sites such as Redweek so I know somewhat about selling timeshares and the closing process involved in such.

We belonged to both RCI and II and made over 30 exchanges, so I know somewhat about exchanging.

Quote:

2. Allan (... and yes, that is indeed the correct spelling of his first name) does NOT have a "web site" (...I'm not sure that he ever did, actually). He lives and works in South Carolina and his timeshare deed work is really only a "sideline" activity to his practice; a service which he offers specifically (and ONLY) to other TUG members, at minimal cost.

Yes, he had a website .... it's listed on Tug as www.timetraveltraders.com (I've recommended it before and checked the website out myself) ..... it's no longer on the web .... his name is Alan not Allan. BTW, he does not (or did not) offer his services to TUG members ONLY .... he offered anyone his services that contacted him. Again, try researching before you make another fool of yourself.

Quote:

BTW "jay jay", weren't you actually BOOTED OFF the TUG site by popular demand, formerly using the name "gin gin" (...back when you were still even allowed to post on the TUG bbs at all, that is?).

I was booted off TUG for disagreeing with a moderator (which is my right), not by popular demand. Again, do your research before looking like a fool.

Quote:

3. I admire your unwavering persistence in pointing out in these RedWeek forums the many risks and pitfalls of "upfront fee" scammers in the timeshare industry. With all due respect however, that particular subject seems to consitute about the full extent of your limited (and also largely obsolete) timeshare knowledge.

I have as much experience as you on the subject of timesharing (albeit weeks not points), but you'd think you are the complete encyclopedia on everything timeshare just because you've owned for a number of years ..... that doesn't make anyone an expert on anything.

Quote:

If you would merely refrain from posting on subjects about which you actually have NO real or substantive knowledge, there would be less of a need to CORRECT your assorted inaccuracies and misstatements posted here in the RedWeek forums.

Again, read my last written paragraph .... btw, you come across as a lawyer when you stated in plain black and white that you are NOT A LAWYER that you brother is a LAWYER.

Get over yourself.

jayjay wrote:

...you come across as a lawyer when you stated in plain black and white that you are NOT A LAWYER that you brother is a LAWYER.

There is certainly no point in any further discussion with you, as you never seem able to get the facts quite right. It's little wonder that you got "booted" off TUG for continually disagreeing in a consistently disagreeable manner. I imagine that it takes quite a bit of concerted effort to get "banned" from very tolerant TUG --- congratulations on successfully clearing that formidable hurdle.

Anyway, for the record, I graduated from law school in 1975 and worked as a County prosecutor and later as a state ADA (Assistant District Attorney) for several decades thereafter, retiring in late 2005. My conviction rate was always very high, so I'm certainly disappointed to now learn that (...according to you)) I was allegedly never an attorney in the first place! Admittedly, none of that matters a bit anyhow in regard to years of pertinent experience as a timeshare owner and as an elected timeshare POA / BOD member.

I don't recall mentioning my brother (although I may well have done so at some juncture). He is years younger and (...unlike myself) still very actively engaged in the practice of law.

Anyway, have a nice day / life. I believe that your intentions are good, but you would better serve the readers in these forums if you'd simply refrain from making statements and proclamations on topics about which you clearly know very little --- or nothing at all. Stick with the accurate "all upfront fees are scams" mantra instead.

Regards and Happy New Year. Be healthy --- and fare thee well.

Then why are you wasting your time on internet forums .... how come you're not practicing law?

BTW, have you checked with TUG about the web address of ttt's business .... do a search on TUG, it's listed as www.timetraveltraders.com that is no longer a webpage.

Hope you researched your client's cases better than you research what you post here.

And, speaking of TUG, I believe you've been admonished several times by the mods for your argumentive (know it all) attitude.

http://timetraveltraders.com/