Permanent Trade.

I have a week that I want to trade for a week held by another individual at another resort. Both weeks are deeded. Neither one of us have ever done a transaction like this between private parties. Anyone have any info that they can share? If there a service that would handle the transfers for us?

lee144 has asked, quoted only in pertinent part:

>>... Anyone have any info that they can share? If there a service that would handle the transfers for us?<< =======================================

You haven't really provided enough information for a well informed and fully accurate answer, since the answer depends in large measure upon the STATE in which EACH of the respective timeshares is located.

There are numerous closing companies around, some more competent and more efficient than others, all charging approximatelyy the same amount of money (generally in the $250 --$400 range). I have my own strong opinions on several of them, based upon personal knowledge and experience, but I won't name any names here, since I do NOT want to appear to be either "marketing" or "bashing" ANY of them. The main point I want to make is that, competent or not, some closing companies will not handle transactions in certain states AT ALL, for a variety of different reasons including "property transfer tax" requirements (as, specifically, apply in Vermont timeshare sales) and assorted other issues in other states. Some states specifically require attorney involvement (e.g., South Carolina), but most good closing companies have some working association with an attorney anyhow, to use when required.

In some states, you could actually get it all done between yourselves without using a closing company or attorney at all, merely by "templating" the current deeds yourselves (absolutely correctly), changing the ownership names as appropriate for the new deeds, having the new deeds properly notarized, and then ensuring that BOTH new deeds get properly recorded with the county or town (this also depends on the particular state(s). I'm certainly NOT recommending that you do this alone, between yourselves. I'm merely noting that it's POSSIBLE to accomplish in SOME states.

In short, since you haven't identified any states for either timeshare, there is simply not enough info provided to give you a complete answer. Hopefully, this above reply is of some informative use or help to you anyhow.

ken1193 wrote:

lee144 has asked, quoted only in pertinent part:

>>... Anyone have any info that they can share? If there a service that would handle the transfers for us?<< =======================================

You haven't really provided enough information for a well informed and fully accurate answer, since the answer depends in large measure upon the STATE in which EACH of the respective timeshares is located.

There are numerous closing companies around, some more competent and more efficient than others, all charging approximatelyy the same amount of money (generally in the $250 --$400 range). I have my own strong opinions on several of them, based upon personal knowledge and experience, but I won't name any names here, since I do NOT want to appear to be either "marketing" or "bashing" ANY of them. The main point I want to make is that, competent or not, some closing companies will not handle transactions in certain states AT ALL, for a variety of different reasons including "property transfer tax" requirements (as, specifically, apply in Vermont timeshare sales) and assorted other issues in other states. Some states specifically require attorney involvement (e.g., South Carolina), but most good closing companies have some working association with an attorney anyhow, to use when required.

In some states, you could actually get it all done between yourselves without using a closing company or attorney at all, merely by "templating" the current deeds yourselves (absolutely correctly), changing the ownership names as appropriate for the new deeds, having the new deeds properly notarized, and then ensuring that BOTH new deeds get properly recorded with the county or town (this also depends on the particular state(s). I'm certainly NOT recommending that you do this alone, between yourselves. I'm merely noting that it's POSSIBLE to accomplish in SOME states.

In short, since you haven't identified any states for either timeshare, there is simply not enough info provided to give you a complete answer. Hopefully, this above reply is of some informative use or help to you anyhow.

I live in Indiana. I do not know where the other party lives. Both of the Timeshares that we want to swap are in Kissimmee , Florida

Re: >> I live in Indiana. I do not know where the other party lives. Both of the Timeshares that we want to swap are in Kissimmee , Florida << =======================================

1. You're welcome........

2. It does not matter where either of the owners live (with no prohibited foreign country issues involved). As a matter of law, with a U.S. timeshare it only matters where the timeshare resort itself is located. That is where the deed is recorded now and where the new deed (and any subsequent deed) will be similarly recorded.

If you don't know where the other party lives, however, it would seem perhaps to be a bit difficult for each of you to see, template, sign one another's deeds, no?

Sounds like maybe you should engage the services of a closing company to serve as a "middleman". In my opinion, it would likely be best to use one based in Florda, since they will be well versed on the deed nuances and the locations of all the county courthouses there.

I have absolutely no affiliation or association of any kind with them, but based on my own personal experience I would not be hesitant to recommend Timeshare Transfer of Vero Beach, FL. RedWeek also has closing services available through First American Title, but I have no experience with them and I do not know whether they can or will handle a Florida transaction matter. I suggest that you DON'T use any of the "in house" so-called closing services that the eBay mega sellers use. Just my personal opinion.....

Good luck.