How to Transfer Timeshare Ownership

If you've decided to either gift your timeshare to a family member or sell your timeshare, you will transfer timeshare ownershipneed to transfer ownership of your timeshare to the new party. A transfer of ownership is handled in a formal, and often complex, process. Because of the nature of the process, it might be in your best interest to hire a closing company to take care of the paperwork for you. You can, however, handle the process yourself if you choose. If you decide to do it yourself, follow these steps to... Read the rest of this entry »

Title Insurance for Timeshare

Title insurance in the timeshare industry is similar to title insurance for a home or other property purchase. Title insurance is optional for the buyer of a timeshare in order to protect them from financial loss due to undeclared liens, title defects, overdue maintenance fees, or other issues that may obstruct the transfer of property ownership. It may or may not be necessary depending on a number of factors, which is why it is important to understand exactly what it is and how it works.

Today the timeshare market is full of people who are desperate to sell their properties. Unfortunately,Read the rest of this entry »

How to Get Out of Your Timeshare

One of our users posted this comment in response to our "Timeshare Rescission Period" article:

"And what can you do to rescind the contract or mortgage AFTER that cooling-off period?? In my case, me and my family were on vacation in Orlando, FL and we unfortunately bought a timeshare from westgate resorts.. when we went back to Brazil we started paying the mortgage but due to the bad economic crisis going on in the country we cannot afford it anymore and we need to cancel or rescind the contract, but we signed it on April this year.. PLEASE, DOES ANYBODY... Read the rest of this entry »