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I thought you had to legally transfer ownership and need an attorney or at least a realtor to help with the transactions. If so, how do you obtain these folks when you advertise through Redweek?
I own in New Orleans with 385,000 points and would like to sell.
You go through a reputable timeshare closing company such as www.timesharetransfer.com or the one Redweek suggests, American Title.
Be aware that in New Orleans the closing fees are higher due to a tax the parrish charges.
R P.
Feb 01, 2010
Thank you
That's very helpful. Who pays the closing costs usually?
Carole P.
Feb 02, 2010
carolep10 wrote:
Thank you That's very helpful. Who pays the closing costs usually?
Normally, the buyer pays for closing but in this economy, and depending on how much you want to rid yourself of your timeshare (or points), closing costs can be negotiable .... many sellers are paying for closing in order to just rid themselves of maintenance fees and yearly obligations ..... that is IF they get a buyer at all.