Report Abuse

[Q=lucasm5] Hi there, I have just purchased a timeshare off of ebay. I was wondering if anyone could let me know how the process of buying a timeshare works? Also where would i get information about legal fees (swapping the name over). I was wondering about the price of changing names? any help would be very appreciated. Lucas.[/Q] Normally the buyer pays for closing, but it can be negotiable. Use a reputable closing company to handle the legal aspects that includes escrow (holding monies until the transaction is complete). They will do all the work for you including sending notice of the transfer of ownership to the resort and recording the deed in the county where the timeshare is located. You can do a search here to find reputable closing companies.