DHHI Contract Experts- Help with a few qs?

DisneyFirstTimer10

DIS Veteran
Joined
Mar 4, 2010
Messages
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Earlier this week I asked about pros/cons of purchasing a DHHI contract- and we decided to pull the trigger on what we feel is a good contract for us (50 pts, $58pp)

We now have a contract in hand and wanted to ask a few things before signing.....

Under Seller it says : loannou
Is this really the seller's name? I do not see them listed on the comptroller site

For HHI we were told they use a Lawyer for assistance with the title- (I think that's what the Lawyer is used for - we send the deposit to them for good faith)

We have two options to chose from-
Full Closing with Title insurance for $550
or
Deed only closing for $400


Can you explain the difference and what you recommend?
 
Earlier this week I asked about pros/cons of purchasing a DHHI contract- and we decided to pull the trigger on what we feel is a good contract for us (50 pts, $58pp)

We now have a contract in hand and wanted to ask a few things before signing.....

Under Seller it says : loannou
Is this really the seller's name? I do not see them listed on the comptroller site

For HHI we were told they use a Lawyer for assistance with the title- (I think that's what the Lawyer is used for - we send the deposit to them for good faith)

We have two options to chose from-
Full Closing with Title insurance for $550
or
Deed only closing for $400


Can you explain the difference and what you recommend?
For SC a lawyer has to be involved. $400 is reasonable for a full service closing for SC even though it's a chunk % wise. LT transfers will do it for around $175-200 total out the door. IMO title insurance for most timeshare situations is an unreasonable cost and for 50 HH points, it's crazy. You'd be paying $150 on a $3000 purchase. If you have specific concerns about THAT contract, I just wouldn't buy it. They likely won't let you pick an internet based timeshare closing company though they could.
 








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