Call us toll free at 1-866-880-4040!
What happens during the course of a timeshare sale?
First, we provide you and the other party with an easy-to-complete Contract that you fill in with the terms you have agreed upon, sign and return to us. The Seller(s) are also provided with a "Resort Release Form", which they sign and return to us. This form is sent to the resort; and based upon what we learn from the resort in the form of an Estoppel Certificate, we then construct a correct transfer document. Next, we send the transfer document to the Seller, and a copy of the document goes to the Buyer, along with a request for the necessary funds for Escrow. When the Seller returns the transfer document we scrupulously review the document to make sure that it is in order. Next, the transfer document then goes to be recorded with the appropriate State and local authorities. Taxes and recording fees, which our included in our flat fee, are paid at this time.
Upon receiving the deed from the appropriate agency, we send a letter notifying the Resort of the change of ownership. A copy of the deed is also sent to the resort at this time. Then, lastly, the deed to the property is then sent to the timeshare buyer.
When do I receive the proceeds from the timeshare sale?
Payment is entirely contingent upon us receiving the following:
For a transfer of deeded property, we need:
- the purchase funds from the buyer
- the deed which transfers the ownership of the unit.
For vacation club memberships or right-to-use timeshares, we need:
- the correct transfer documents
- the purchase funds from the buyer
- additional confirmation from the resort
Who assumes responsibility for transfer fees assessed by the resort?
Resorts may assess a fee to transfer the ownership of a timeshare unit. This can be paid by either the buyer or the seller. Contact us once you have determined who will pay the fee, and we will collect the amount and pay it to the Resort while we file the transfer documents.
Does Transfer My Timeshare offer Title Insurance?
Title Insurance is not covered by our fees. However, we can provide information or refer you to a nationally accredited company if you are interested in Title Insurance. Cost will vary. Speak with your closing agent for more information.
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Testimonials:
"Thanks again for your excellent service. Should we contemplate buying or selling other timeshare property in the future, we will definitely give your company the business." -C. Carriére
"Professional, efficient and accurate. Transfer My Timeshare is my primary 'closer' for timeshare resale transactions because of these attributes. Their experience in closings and their unparalleled customer service are truly respected." -S. O'Connor, Broker
"It has been such a pleasure working with you on this difficult sale. If there is any kind of performance evaluation needed, I score you a 10 out of 10! Thanks so much for all of your hard work, and please forward my comments to your superiors so they can see what a huge help you have been to us. Thanks so much again!" - S. Ivey
"Thanks so much for all your assistance. You have gone above and beyond to assist me and my family....returning phone calls promptly, contacting the seller and helping us rent a timeshare when our timeshare purchase would not be available for 2007. Thanks to you, my family will have the summer vacation we've been looking forward to. We really appreciate all you've done. Thanks again." -P. Searles
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