What is the closing process?

1. Full Account Search for Transfer - “FAST” is ordered.  This will assure the buyer that the seller is conveying good title and there are no liens or encumbrances on the property.  FAST also insures that the seller is the true titleholder to the property and that the seller has not conveyed interest in the timeshare to anyone else.

2. Estoppel letter is ordered from the resort. This is the current owners account status, insuring full payment of maintenance fees, taxes and mortgages.   The estoppel letter confirms the size of unit, type of unit, status and availability of the week the buyer is purchasing.

3. Preparing legal documents. All paperwork is professionally handled by industry experts to ensure the transfer is smooth and hassle free.

4. Closing documents are sent to the client. After the closing package is organized the documents are sent to the seller with instructions.  Upon return of documents from seller the executed deed is processed for recording.

5. Deed is recorded.

6. Resort notification and recording. The Closing company submits the necessary documentation to the resort and confirms the resort records reflect the transfer.

The Closing company we are partnered with is a licensed, bonded, professional and insured full service timeshare transfer company. They specialize in timeshare closings and handle thousands of timeshare transactions on a weekly basis, and all transfers are done in a reasonable amount of time.