closing costs

[drise]

Is there a way to sell your points to a relative without paying closing costs? I'm sure there are some involved with transferring and recording the deed. Does anyone know how much this would be?
Thanks

[Cap]

I'd like to know also. I've heard that about $425 is required for the transfer.

[mickeyc]

The closing cost are as follows:
Settlement or closing fee ( Timeshare Closing Service) 56.50
Abstract or title search ( ALbig title services) 50.00
Title Examination ( Timeshare Closing Services) 45.00
Document Preparation ( Timeshare Closing Service) 85.00
Title Insurance ( Chicago Title Insurance Company) 60.00
Recording fees ( Orange County Comptroller) 11.00
State Tax/stamp (Orange County Comptroller) 52.50
Delivery fee ( Timeshare Closing Services, Inc. ) 40.00

Total: $ 400 ( fee for a 150pt contract)


You might want to call the Timeshare Closing Service (407-370-2373) to handle the transaction since it appears yours circumstance is a private matter. For contracts greater than 150 pts. the closing cost are increased. I would think the additional fees are related to the title and fees the closing service charge. There maybe some of these charges that are negotiable; however, to ensure your investment I would think it pays to get the title insurance notwithstanding the fact you are buying from a relative. Keep in mind Disney has the right of first refusal. I think you would need to discuss this with them. Good luck! I hope this helps! ;)