Back Porch Timeshare Closings
 
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Wednesday, March 29, 2006 Home > The Closing Process
Back Porch Timeshare Closings
213 Brentshire Drive
Brandon, Florida 33511
 
Toll-Free: (888) 535-4333
Toll-Free Fax: (888) 535-6444
 
Phone: (813) 643-0308
Fax: (813) 643-0759


It is difficult to guarantee a specific amount of time that a particular closing will take as the timing depends on many factors outside the control of the escrow company. For example, the length of the closing process depends on: how fast the resort provides the estoppel letter, how fast the title company provides title information (when a policy is requested), how quickly buyers and sellers respond to requests for additional information, how quickly the parties sign, notarize and return documents and how quickly the purchase funds clear the bank. With this in mind, it can be generalized that most closings occur in a range of 45-60 days, though some are quicker and some are slower.



How to Start:


Step 1: Obtain an Order Form
   
 
   
Call us toll free at (888) 535 - 4333 (813-643-0308) and we will fax or mail an Order Form to you.



Step 2: Complete the Order Form and send it to us with a copy of the information requested on the Order Form.
   
 
   
Fax your completed Order Form to (888) 535 - 6444 (813-643-0759), or
   
Mail your Order Form to us at:
   
  Back Porch Timeshare Closings, LLC
213 Brentshire Drive
Brandon, Florida 33511


What happens next:


Step 1: We gather information:
   
 
One of our closing agents will contact you to request any missing information.
   
If you have requested that we obtain the prior deed for your timeshare, we research and obtain the deed.
   
We obtain an estoppel letter from the resort specifying the status of maintenance fees and various other facts related to the timeshare.
   
If you have requested a title insurance policy, we order a title search.


Step 2: We prepare the closing documents.
   
Step 3: Our staff attorney reviews the closing package.
   
Step 4: The closing package is mailed to Buyer and Seller for signature.
   
Step 5: All signed closing documents are returned to us together with the balance of the purchase price from Buyer. Closing documents are reviewed for completeness of signatures.
   
Step 6: The purchase funds are placed into a separate escrow account pending closing and disbursement.
   
Step 7: Upon clearance of funds, our staff attorney reviews closing documents and authorizes disbursement of funds and recording of deed.
   
Step 8: Deed is sent to county clerk for recording and funds are disbursed to Seller.
   
Step 9: Upon return of recorded deed from recording clerk, we send notification of transfer and copy of recorded deed to resort. Original deed and title policy (if ordered) sent to Buyer.
   
   
In most cases the closing process will take approximately 60 days. The recorded deed is normally returned to the Buyer within 30 days after closing. Where a title insurance policy has been requested, closing may require additional time for completion.




 
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