Contrary to what many timeshare sales websites would like you to believe, you can sell a time share on your own, whether you own a timeshare week or points. Completing the timeshare sale process on your own will allow you to sell your timeshare for free, or almost free (depending on your level of knowledge). The key to successfully selling your timeshare property or time share points is marketing the time share resort property to the correct target market, and knowing what steps you need to take (and when you need to use a title company or escrow service) to make the timeshare deed transfer legal. There are three basic steps to consider when selling a timeshare property – marketing, negotiation, and transferring the deed. This article will outline steps to take to sell your timeshare without the assistance of a timeshare resale company.
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So you want to sell a timeshare or timeshare points. The timeshare market is riddled with companies that make many promises to sell your timeshare, but simply do not deliver. If you are interested in selling your timeshare, you have a couple of options. Some people choose to have a company that specializes in timeshare sales to handle everything from the marketing, timeshare sale, deed transfer, and all legalities of the time share sale, while other timeshare owners are comfortable with executing some or all of these steps on their own. The right timeshare sales option depends on two factors – your individual comfort level/willingness to complete the timeshare sale process, and the amount of money you want to spend to sell your timeshare.
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Each state passes its own laws regarding the amount of time you have after buying a timeshare property to return it for a full refund. The process of returning an unwanted timeshare shortly after purchasing is known as Timeshare Rescission, or rescinding. The timeshare rescission process refers directly to the interval of time that is legally allowed to pass before you can no longer return a timeshare contract, or change your mind about your time share purchase. The ability to return an unwanted timeshare shortly after purchasing is not something your timeshare salesperson is likely to mention, but it is built into every state's legal code as a protection for consumers; some people also tend to refer to this time as the "cooling off period" following the purchase.
It makes no difference if you purchased your timeshare is through RCI, Wyndham, Celebrity, Disney, Fairfield, Hilton, Hyatt, Mariott, or another timeshare exchange company, the Right to Rescission is entirely dependent on the state law where the timeshare property was purchased. Each set of documents/purchase papers accompanying a timeshare sale will include form explaining how to rescind. It will likely be titled something similar to, "Notice of Mutual Right of Cancellation of Time Share Purchase." If you fall within the window of legal rescission, see the following post - 10 Steps to Successfully Rescind Your Timeshare – for detailed instructions on how you can complete the timeshare deed cancellation and rescission process. Below you will find the timeshare rescission period for each state, and please add your own comments below if you have had experience in a particular state.
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A website has been created – RCI Class Action Lawsuit – to help inform consumers regarding the latest RCI settlement proposal, and effectively spread the word on exactly what RCI is proposing. The site is an excellent source for information for all RCI Weeks members (both past and present week owners) looking to decode the complicated legal jargon RCI is pressing to have passed through the court system. I urge all weeks members to visit the site and carefully digest all of the facts presented, and make an educated decision on whether or not to accept or reject the settlement. This suit is time-sensitive and if you are an objector you must act before November 20, 2009.
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November 4th, 2009 by admin RCI
The following is a list of RCI-affiliated resorts within Canada that permit domesticated animals i.e. dogs, cats, and birds. This list is subject to change, and you should always call the resort prior to making reservations to confirm their pet policy. Be aware that each resort’s policy is unique. Common differences between resorts include pet deposits, restrictions regarding the pet’s weight and/or breed, and whether or not the animal can be unattended in your room. Most resorts allowing pets do have kennels nearby, and you should contact them at least 3 months in advance of your stay to secure a place for your pet. Always be sure to bring all of your pet’s pets papers, vaccine information, medications, and tags with vacation contact information. For more information on successful vacations with your pet read – Traveling with Your Pet? and Flying with Your Dog – Tips for Taking Dogs on Airplanes
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