MARRIOTT NEWPORT COAST CALIFORNIA TIMESHARE

PAYMENT 

$1000 Deposit due at the end of the auction.

PayPal can be used for deposit only.

Personal Check, Money Order or Cashier's Check sent directly to Resort Closings, Inc. who will be handling Escrow.

Final balance will be billed at closings.

This closing includes:

• Document Preparation
  We professionally draft the documents necessary to transfer ownership (typically a deed)
  
  
• Perform an Account Search
  We contact the resort and get a signed letter verifying the seller's ownership.
  (This is extremely important, you do not want to buy a timeshare with unpaid maintenance fees or buy the wrong size unit, etc.)
  
  
• Property Tax Verification
  We contact the county where the ownership documents are recorded and verify that the property taxes have been paid.
  
  
• Provide Purchase Contract and/or Settlement Statement
  These inform each party what exactly they are buying and what their financial responsibilities are at the closing.
  
  
• Collection of funds
  We collect all the funds necessary to transfer ownership and hold that money in a secure escrow account until the transfer is complete.
  
  
• Ownership Document Processing and Resort Notification
  We process transfer documents and/or record the deed and forward a copy to the Resort and the Buyer (sales tax and recording fees not included).
  
  
• Attorney Reviewed Closings
  All closings are reviewed by our in-house Attorney to assure accuracy.
  

THANK YOU, and GOOD LUCK