Timeshare Adventures offers a
'NO CLOSING COST' option called the
PLATINUM AD LISTING, which includes the closing of the timeshare being performed by an independent, licensed real-estate attorney. This option includes:
- Attorney supervised preparation of a contract(if appropriate), deed or other transfer documents, and closing statement.
- Obtaining and analyzing an estoppel(account status) report from the resort.
- Obtaining a waiver of the resort’s first right of refusal, if applicable,
escrow service.
- Preparing transfer tax forms.
- Recording or properly filing the instrument(s) of transfer(usually a deed).
- Paying usual recording fees and transfer taxes up to $50.00.
- Notifying the resort of the closing.
- Releasing escrowed funds to seller, resort, mortgage holder, et cetera.
- Filing an IRS 1099-S property sale report.
Full disclosure of the
PLATINUM AD LISTING can be found the following link:
PLATINUM AD LISTING - NO CLOSING COST PROGRAM
Thank you for visiting our forum and I invite you to reply with any other questions pertaining to either the closing or timeshare in general.