Are ********** a legit company?

[iluvwdw5]

We recently made it through ROFR and we went to the bank to get our cashiers check when the lady asked if they were legit we both stopped in our tracks... are they?! The check is to be made out to Timshares Titles and More, LLC... Please let me know your thoughts... Thanks!

 

[iluvwdw5]

ok .. so i guess i cant say the name on here -
have any of you made checks out to this place in the past?

 

[JimMIA]

Timeshare Titles & More is the transfer agent, I believe. The name of the broker got ****'d out by the DIS word filter, but if they are one of the four primary DVC brokers, they likely have been in this business for many years, and are reputable.

You should also know that all Florida real estate brokers and title companies (including DVD/DVC itself) are regulated by the Florida Department of Business and Professional Regulation under Florida's very stringent timeshare laws. You can go to MyFlorida.com (which, believe it or not, is the official Florida state government website) and then go to the DBPR page. There, you will be able to search for either real estate brokers or title agencies and see for yourself whether they have any complaints against them.

Florida law stipulates that your cashiers check be deposited into an escrow account until closing and no distributions will be made from those funds until everything is in perfect order. That's what you are paying closing costs for -- to protect you under the law.

When you go back to the bank, thank them for asking that question. There ARE numerous timeshare scams, but not with transactions like you are going through. Your bank has your back, and you should appreciate their due diligence.

 

[maburke]

Interesting. I just got a cashier's check from my bank to close a resale, and the manager had to sign it because of the amount. He asked me what it was for, and where. I happily chatted on about DVC, but later I thought, wow, he was really nosy. I think you're right, though, Jim, they are just trying to help us avoid scams.

 

[iluvwdw5]

Thank you so much for the information! With everything being the way it is today we couldn't help but worry a bit. Great tips! Thanks again)

 

[iluvwdw5]

Very good! Thank you so much for the info

 

[icydog]

Concur, Nancy Spohn runs TT&M and they are extremely professional. They charge more than some closing agents but they always do a superb job.

 

[nala1128]

We recently made it through ROFR and we went to the bank to get our cashiers check when the lady asked if they were legit we both stopped in our tracks... are they?! The check is to be made out to Timshares Titles and More, LLC... Please let me know your thoughts... Thanks!

We recently used the same title company and had no problems at all. We actually just made our first ressie the other day. I too am a skeptic and did as much research as I could to make sure everything was legit. Congrats on passing ROFR!

 

[LauraEadon]

That's who my bank checks were made out to and I can tell you I'm a happy DVC owner

 

[rock_doctor]

yes *************** is a real company. We purchase a contract through them and all went well. TT&M is also an ok company. You are good to go. The title company (TT&M) handles all of the money. Just like the title company that does the closing for a house.