Timeshare Closing Services

To put it simply, the Right of First Refusal is the resort’s “right” to step in as the buyer in the sale of any timeshare property at their resort. Every timeshare resale must go through the ROFR process, giving the resort the option to recollect their timeshare units. 

We have close ties with the title companies we refer to. This makes the closing process smooth and convenient for both the buyer and seller. You can use a title company you trust if you choose to, but make sure they are accredited by the BBB with experience in timeshare resales.

The title company assists in many things. Once the contracts are signed and we get through the Right of First Refusal, the title company ties all the remaining loose ends. They also securely hold and protect all funds in escrow, protecting both buyers and sellers. 

A title company will run a title check, disburse funds, transfer ownership, and deliver documents to the county and resort.

Generally, timeshare closing costs are covered by the buyer. This is agreed on during the drawing up of contracts however and can differ based on the agreements you made.

Even though the contracts and purchase funds may be signed, sealed and delivered, the owner on record at the resort will still be in your name until the resort and/or HOA change your name on the account. Once the resort removes your name from the account, then you can stop paying your maintenance fees. But don’t do so until then! You will have to call them directly for confirmation.

Timeshare closing services include all the steps it takes to close on a timeshare. From title transfer to disbursement of funds. It’s best to use a licensed title company in addition to working with a real estate agent to complete the closing services.