JRA Services, Inc.
P.O. Box 450027
Sunrise, FL 33345-0027
|Our goal is to provide our clients with prompt, professional and courteous service at very reasonable fees. We specialize in timeshare closings, so our clients can relax and benefit from our experience.
3701 Trakker Trail
Bozeman, MT 59718
Resort Closings, Inc. is open Monday through Friday 9am - 5pm MST.
If you don't need one of the complete closings packages, we offer our service on an a la carte basis as well.
||Quit Claim Deed
|We'll hold all funds in our secure trust account until all parties meet the terms of the sales contract.
||If you are transferring a timeshare to a family member a Quit Claim deed is a fast and easy solution.
||To give you peace of mind, we will check for any outstanding liens filed against the property.
||Title insurance is a step above a title search. It will guarantee the property is free of encumbrances.
TIMESHARE CLOSING SERVICES, INC.
8545 Commodity Circle
Orlando, Florida 32819
Toll Free: (877) 889-2373
Phone: (407) 370-2373
Fax: (407) 352-4792
When Experience Matters, there is only one Timeshare Closing Service:
Over a decade specializing in timeshare transfers
More than 1000 completed closings every month!
Licensed, Bonded, Insured & Underwritten
Dedicated to Customer Service & Customer Satisfaction
In-House Legal Department / Attorney Owned & Managed
Timeshare Appraisal by
Community Appraisal Team
Fees: $150 for short form. Long form appraisals will be priced prior to being ordered.
We've appraised over 8,000 timeshares in the past few years, in States, Resorts and Countries around the world!
We are licensed, bonded and insured. We are also one of a select few companies, certified with the IRS to do timeshare appraisals.
Ed. Note: It will be helpful to read our email discussion with Mr. Galvan.
We're most concerned with what you use for your comparables. It is our contention that eBay and other distressed sales don't usually qualify.
the IRS states that there are three basic comparisons:
1. Comparable Sales,
2. Capitalization of Income, and
3. Replacement Cost.
As for Comparable Sales they must include:
...the names of the buyer and seller, the deed book and page number, the date of sale and selling price, a property description, the amount and terms of mortgages, property surveys, the assessed value, the tax rate, and the assessor’s appraised FMV. . . . Only comparable sales having the least adjustments in terms of items and/or total dollar adjustments should be considered as comparable to the donated property.”
(Publication 561 - Determining the Value of Donated Property)
2. Capitalization is usually not applicable.
3. Replacement Costs are best found from direct resort sales, since it is difficult to find close enough approximation in size, location, use dates, etc. on the secondary market and the specific time of the appraisal.
In my thinking, resort sales are the best comparables for both 1 and 3. Quick dump liquidations don't even qualify for inclusion in an appraisal.
I absolutely agree and on any donation type fmv thats exactly how I get the value of this type property and use however I do take into consideration if there is saturation on a property usually a 10% adjustment. on comparable info at times it is sometimes impossible to get full info and IRS understands this and they do accept short form summary appraisals with less info as long as its 10-15% of what they originally purchased them for fyi.