Title Companies
Luxury Title & Escrow Agency, LLCFind BBB Accredited Businesses in Title Companies.
Information and Alerts
Alert Details
This business has 2 alerts.
Licensing
BBB confirmed that Luxury Title & Escrow Agency, LLC had not obtained a necessary license from Ohio Department of Insurance. BBB encourages you to contact the following agency or agencies to confirm this information: - http://www.insurance.ohio.gov - 800-686-1526
Alert
BBB believes scammers may be impersonating Luxury Title & Escrow Agency, LLC and operating the website https://www.luxurytitleescrow.com/ which was created on 8.13.20, and registered in Iceland. BBB has received inquiries from consumers alleging they were approached by individuals claiming to represent International Travel, Inc. offering to buy timeshares for well above market value. One consumer said he was told his money would be held in escrow by Luxury Title & Escrow. Title and Escrow companies are licensed by the Ohio Dept of Insurance in Ohio. BBB did not find a license for this company. The Indianapolis BBB maintains a separate BBB Business Profile on International Travel Inc. If you are approached by anyone representing themselves as International Travel or indicating money or a deposit would be held safely by Luxury Title & Escrow Agency, please report it to BBB Scam Tracker
Important Information
Additional Info
BBB has recently experienced an increase in consumer complaints regarding timeshare resellers, particularly among consumers who own timeshares in Mexico. In a typical timeshare reselling scam, “brokers” solicit a timeshare owner, claiming to have buyers lined-up to purchase the owner’s property. After requesting an up-front fee (often under the guise of “taxes” or other transaction fees and usually paid via wire transfer), the supposed brokers disappear.
BBB offers these tips when trying to exit a timeshare holding:
Research any business and its owners carefully before paying any money. Check the company’s BBB Business Profile at BBB.org.
Contact the resort that originally sold you the timeshare to see if it has a deed-back program.
Before paying anything, make sure you have a signed contract outlining what is to be done, a timetable and an explanation of what happens if the business or the consumer doesn’t comply with the agreement.
Be wary of anyone claiming that they have a buyer for your timeshare or who promises to rent your timeshare, especially if they ask for an upfront fee.
Pay with a credit card in case you need to challenge the purchase later.
If you feel you have been misled, file complaints with BBB and the state’s attorney general’s office.
Additional Info
BBB US Postal mail dated 2.19.21 addressed to Current Owner/Manager, Luxury Title & Escrow Agency, LLC, 376 N Ludlow St., Columbus, OH 43215 was returned by the US Postal Service on 3.2.21 marked "Return To Sender, No Such Number, Unable To Forward". BBB does not know where this company is physically locatd. Therefore, BBB urges consumers to be extremely cautious when choosing whether to do business with a company whose physical location is unknown and/or is different than what the business is saying it is.
Service Area
- USA
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