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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If you have decided to purchase a timeshare you may be unsure what types of questions to ask before becoming a time share owner.  While everyone will have their own personal preferences regarding location, amenities, time of year, and perks, the following checklist is a good starting point for anyone new to timeshare to be sure to cover all of the bases.  If you are unsure of any of the terms listed below you may want to refer to the following Timeshare Glossary, or click on the links included in the checklist (they will open in a new window).
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Whether you are considering selling your timeshare ‘for sale by owner’, or have already found a buyer for your time share property (in which case – congratulations), there are a few legalities you will need to consider before closing the sale. In either case, you may be wondering whether or not you need a lawyer or broker to complete the transaction. Timeshare is often considered to be tangible real estate, but it is not subject to many of the rules and regulations typical for traditional real estate property. Therefore, there is a unique set of guidelines to follow when transferring ownership of a timeshare through a sale, and many of the traditional rules of real estate do not apply.
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This article will help to assist consumers interested purchasing timeshare by providing a comprehensive list of topics to consider before signing the deed for time share property ownership. There are many timesharing options available from traditional deeded week ownership to points memberships as well as interval ownership; it is important to put the time in and do the research before agreeing to attend a timeshare presentation or attempt to buy for less on the timeshare resale market. By the end of this article a potential buyer should be able to determine what factors are most and least important in timeshare ownership.
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This question comes up a lot on timeshare forums and blogs, and it can be complicated depending on the exact procedures outlined in your particular contract. There are a few main points that stay the same regardless of whether you have a deeded timeshare or right-to-use, and whether or not you have paid off the entire amount of the timeshare. The following is a description of the steps that will take place if you decide to throw in the towel and allow your timeshare to go into default, leading to timeshare foreclosure.
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