Offer to handle and pay all closing costs ...

You can offer, in your ad, to handle and pay for all closing costs when selling your timeshare. Many people looking to buy a timeshare don't have a clue as to how to go about closing and the cost of such, much less finding a reputable closing company.

Sellers can research the best timeshare closing companies and already have this information in hand when a prospective buyer comes along.

Jayjay,

You seem to have a lot of experience with timeshares. Can you help me sell my timeshare? Please?

Chanell, the way I sell timeshares is by listing them on sites such as redweek, myresortnetwork, bidshares and Ebay.

I always price the week reasonably and lower than other weeks listed at the same resort (look at what weeks are selling for at your resort on Redweek and if none have been sold, the sellers are pricing them too high). I always buy weeks at reasonable prices, so when I get ready to sell I can sell them reasonably.

People are looking for bargains when buying resales. Most people list their weeks for sale far too high. You cannot go by what you paid for the week, you have to go by what the market (buyer) will pay and you may take a loss. If you get no responses when placing your ad after a couple of weeks, continue dropping the price until you start getting responses.

If you follow the guidelines above and you have a desirable week, at a desirable location/resort at a desirable time, you should not have any trouble selling your week IF it is priced right, which many times is much lower than what people think their week is actually worth and what many people are asking for.

The market is controlled by the buyer.

jayjay, do you know a company to handle a deed xfer and closing in Hawaii? Ken

Try www.timesharetransfer.com

They are a very reputable timeshare closing service. I have used them many times.

BTW, the closing company does not have to be in the state where you bought the timeshare.

Thanks for the tip on the service. I have 2 questions thought....

In a situation where there is a deed transfer due to a divorce, is it best to use a real estate lawyer or would this timeshare transfering company be sufficient?

Secondly, when divorce is involved and remarriage, would an individual be charged double for dropping the ex-wife and adding the new spouse--or would it be one transaction?

--sorry if this question was confusing to understand...

Any comments would be appreciated.

JC

This is a pretty standard thing and most closing services can deal with it. All you have to do is file (record) a copy of the divorce decree with the deed signed by the party awarded ownership in the decree.

jenniferc171 wrote:

Thanks for the tip on the service. I have 2 questions thought....

In a situation where there is a deed transfer due to a divorce, is it best to use a real estate lawyer or would this timeshare transfering company be sufficient?

Secondly, when divorce is involved and remarriage, would an individual be charged double for dropping the ex-wife and adding the new spouse--or would it be one transaction?

--sorry if this question was confusing to understand...

Any comments would be appreciated.

JC

Hi I bought a timeshare about 6 years ago (big mistake like so many others) I was advised by my resorts to rent it out which sounds great to cover my maintenance fee plus other discounts on hotel anywhere in the USA and other countries, booking car, shopping. It sounded really great and want to do it. But the problem is they are charging 3,000 dollars which I'm not comfortable with.

What Should i do. And I'm still paying for the timeshare itself. The timeshare is called " exploria marketplace" where you can find other deals.

Please Please help. Nas

Throwing that kind of money into something that you aren't happy with isn't going to help. Typically the discounts aren't nearly what they say if at all. What specifically do you own? I own a week 52 - 3 bedroom at SummerBay Resort, a resort managed by exploria. I can usually rent it out for a few hundred more than my MF's.

kenneth277 wrote:

jayjay, do you know a company to handle a deed xfer and closing in Hawaii? Ken

Chicago Title timeshare division, Escondido, CA