Specialized Services for a Complex Market

Unlike traditional real estate sales, timeshare and fractional offerings are typically characterized by unique property, financing and transaction features. A successful escrow facilitator must juggle these concerns while also addressing the specific requirements of developers, purchasers and lenders. For more than 20 years, Stewart Vacation Ownership / The InterCity Companies have provided the following services to those in the vacation ownership industry:

  • Complete title and escrow services for deeded and non-deeded developments
  • Unrivalled and proven inventory control
  • Foreclosure and deed-in-lieu processing for assessment liens and mortgages
  • Transaction consulting
  • Sales coordination

We have directly facilitated more than 90,000 partial-ownership escrows. Our unique understanding of both dominant timeshare ownership forms — fee-title and right-to-use — has developed from our involvement in dozens of fee, non-deeded and points-based developments. We have also designed and implemented complete escrow services for some of the industry’s most successful fractional-ownership programs.

Experience You Can Trust

Stewart Vacation Ownership’s team of professionals has worked with a broad spectrum of developers, lenders, owner’s associations and resale brokerages. Our impact on the vacation ownership market can be measured by company milestones:

  • First timeshare portfolio manager to exceed $100 million in serviced accounts (1985)
  • First timeshare loan management firm to structure and service a private placement program to capitalize timeshare receivables hypothecations (1989)
  • Structured a non-deeded escrow model to secure public-report approval for the largest non-deeded timeshare development in California (1990)
  • Modeled now-standard inventory reclamation, deedback, foreclosure and resale management processes for timeshare lender work-outs (1990)
  • Developed and implemented timeshare portfolio foreclosure and work-out strategies for The Chase Manhattan Bank and the ReliaStar Insurance Group (1996 through 1999)
  • Coordinated and/or facilitated more than 5,000 timeshare foreclosures
  • Closed more than 90,000 timeshare escrows

The resources, technology and products of the Stewart family of companies have enhanced Stewart Vacation Ownership's existing service menu and further improved the company's ability to deliver solutions to the vacation ownership market.  Clients benefit not only from the efficiencies of the company's processing and tracking systems, but also from interactions with industry professionals whose development and sale processing expertise can inform a client's business plan and lead to successful synergies. 

Contact Stewart Vacation Ownership today at 1-800-577-0880 or vacationownership@stewart.com .