Original Message:
Trying to sell a timeshare in Westgate Kissimmee Florida, One bedroom, (by R P.):
karenb1061 wrote:Due and ecomical situation I have to sell this timeshare, but no idea of all the steps, after posting it, which it will be the best and secure way to sell it, any tips that I should be aware of, what it will happen after the sales in case does, and how about the closing,,,,I'm confused..
Westgate is in the Orlando FL area .... the Orlando area has more timeshare resorts per-capita in the world so selling is very competitive .... in this economy many timeshares can't even be given away especially in overbuilt areas and off season times.
Some people are placing ads in Redweek's Bargain Basement to just give their timeshare away and some are offering to pay closing and maintenance fees for this year just to get rid of the yearly burden of maintenance fees.
You can try placing a price on your timeshare (depending on supply and demand of your time owned) and you price it competitively you may be able to sell it, but don't be surprised if you get no interest. You will not get anywhere near what you paid initially (if you bought from Westgate) so don't even bother to post it at the price you paid.
If you should get a buyer then you'll need to contact a timeshare closing service (JRA Services is very reliable) and permit them to handle the closing documents ..... they'll handle everything including escrow (holding monies until the transaction is complete) and notifiying the resort and county where Westgate is located for recording of the deed.
Good luck ..... timeshares are luxuries and in this awful economy many people just can't afford luxuries.