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Closing costs for deeded timeshares in Colorado, Texas, Louisiana, and Missouri......
The following are estimates I routinely use for independent third-party closings. I use a sliding scale with the base cost determined for a sales price up to $5,000. For each additional $1,000 in sales price- I'll add an additional $10. to cover stamps.
If you've recently been in a transaction which is now closed- (unfortunately some closing agents estimates and their final costs don't always match up!) and were charged less than I've shown, please share your resort and what you paid!
These estimates do not include any credit card processing fees, broker fees, courier fees, resort estoppel fees, or resort transfer fees which can add significantly to a Buyer or Seller realized cost.
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Colorado: approx 9 to 11 weeks closing duration
Deed only estimated @ $375
Full closing with title insurance estimated @ $825
(title searches can be slow to obtain for some areas)
***
Texas: approx 10 to 12 weeks closing duration
Deed only estimated @ $375
Full closing with title insurance estimated @ $975
(numerous resorts never created a master title policy, so title insurance is not available for all properties)
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Louisiana: approx 16 to 20 weeks closing duration
Deed only estimated @ $500
Full closing with title insurance estimated @ $925
(Very unusual closing requirements. Deeds often require an extensive marital status report.. New Orleans also has an additional transfer tax of $325.)
***
Missouri: approx 8 to 10 weeks closing duration
Deed only estimated @ $350
Full closing with title insurance estimated @ $695
The following are estimates I routinely use for independent third-party closings. I use a sliding scale with the base cost determined for a sales price up to $5,000. For each additional $1,000 in sales price- I'll add an additional $10. to cover stamps.
If you've recently been in a transaction which is now closed- (unfortunately some closing agents estimates and their final costs don't always match up!) and were charged less than I've shown, please share your resort and what you paid!
These estimates do not include any credit card processing fees, broker fees, courier fees, resort estoppel fees, or resort transfer fees which can add significantly to a Buyer or Seller realized cost.
***
Colorado: approx 9 to 11 weeks closing duration
Deed only estimated @ $375
Full closing with title insurance estimated @ $825
(title searches can be slow to obtain for some areas)
***
Texas: approx 10 to 12 weeks closing duration
Deed only estimated @ $375
Full closing with title insurance estimated @ $975
(numerous resorts never created a master title policy, so title insurance is not available for all properties)
***
Louisiana: approx 16 to 20 weeks closing duration
Deed only estimated @ $500
Full closing with title insurance estimated @ $925
(Very unusual closing requirements. Deeds often require an extensive marital status report.. New Orleans also has an additional transfer tax of $325.)
***
Missouri: approx 8 to 10 weeks closing duration
Deed only estimated @ $350
Full closing with title insurance estimated @ $695