Self-Service Timeshare Closing Options
Congratulations! You just accepted an offer from a buyer to purchase your vacation property. Now what do you need to do?
It is recommended that Buyers and Sellers
use a signed sales contract that details the terms and conditions of the sale
before you proceed to closing. If your offer was made through a licensed real
estate brokerage, your sales agent should prepare and deliver a Purchase and
Sales Agreement to both Buyer and Seller for execution, and will be able to
provide you with a closing agent familiar with your resort.
If you are not
currently working with a brokerage and need help preparing your contract,
Timeshares Only recommends International Properties | GMAC Real Estate, a real estate brokerage that
specializes in timeshares and vacation properties. The transfer process itself
can vary by resort, and using a brokerage can help make your transaction easy
and efficient!
If you prefer to handle the sale process
yourself, you will want to contact your resort management company or owner
services department to ensure that you are aware of any specific transfer
requirements or required paperwork your resort may have. Once you have a sales
agreement signed by both Buyer and Seller, simply choose your closing agent from
one of our featured partners. Your closing agent should provide you with the
following services: an estoppels and property verification process, escrow
service, document preparation and recording (if necessary), and resort
notification of the ownership change. For most properties, a title search and
title insurance policy will also be available to the Buyer. This is always
strongly recommended!
The following companies specialize in
timeshare and vacation property closings:
First American Title Insurance Company
National Vacation Ownership Division
Phone: 866-639-9203 (from U.S. only); 702-792-6863 (outside U.S.)
Fax: 702-562-9760
First American Title Insurance Company's National Vacation Ownership Division is one of the most trusted names in the timeshare title industry, and currently provides title services to many of the industry's most respected developers.
https://vacationfirst.firstam.com/open_order/sales_agreement/sales_agreement.aspx
Stewart Vacation Ownership
Stewart Vacation Ownership National Title Services
InterCity Escrow Services
Phone: 800-577-0880 (from U.S. only); 925-734-9900 (outside U.S.)
Fax: 925-734-9901
Stewart Title Company's Vacation Ownership
Division provides complete title and escrow services for both deeded and
non-deeded ownerships both nationally and internationally.
http://www.stewart.com/page/stewart-vacation-ownership-span-classhideplace-an-orderspan
Precision Closing Services
Phone: 800-973-3316 (from U.S. only); 407-447-9100 (outside U.S.)
Fax: 407-770-0200
PCS Title has partnerships with attorneys in numerous states to ensure your timeshare deed is legally prepared in a correct manner by a local licensed attorney.