Escrow agent, on behalf of an owner, is renting a unit and needs to make sure “good” funds are being held. Likewise, the renter wants to make sure that the seller does not run off with the money without providing the rental they contracted for. Escrows can also be held when the resort has active sales and needs someone to handle the funds while the resort handles the documents.
Owners of timeshare rental property as well as the renters themselves need protection for the hard earned dollars they invest. We would all like to think that the people we deal with are honorable—and most of them are. In the case of making the financial arrangements for a timeshare property, three heads are much better than two.
Like many major retailers and service companies, the timeshare market has been hit with its share of scam artists painting rosy pictures of profits you can make that are too good to be true. Your escrow agent can spot those scams a mile away. It makes perfect sense that escrow accounts are held by a reputable, disinterested party who can watch out for scams, deadbeat renters, or property owners who renege on contracted property improvements.
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HoldMyEscrow.com is a module of Timeshare Pro Plus which was developed by timeshare professionals for the timeshare industry. Timeshare Pro Plus is designed to handle all the necessary steps of transferring a timeshare or adding or removing parties from title.
The escrow module, HoldMyEscrow.com is tailored to meet the needs of parties that must have a licensed and underwritten title agency holding their escrow funds. Whether the parties are involved in a private sale or rental of a timeshare, HoldMyEscrow.com is the company to meet those needs.
Having that extra layer of security with escrow funds held by a third-party intermediary is a time tested way of being assured the funds are there when they are needed. Think of it as a sleep aid with no worries about what happens to deposited escrow funds.
Get started using our easy to follow Rental Application form.
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Get started using our easy to follow Sale Application form.
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Get started using our easy to follow Broker Application form.
Get Started NowAll Timeshare Pro Plus+ apps are fully responsive.
Timeshare Pro Plus features the latest in SSL security.
We have a full privacy policy available and continually updated.
Custom domain mapping allowing you easily impalement into your existing brand.
Our applications can easily connect to your existing API contact us for details.
Having worked in the industry for over 15 years we strive to offer an excellent product support.
