- Why
are people selling?
- Why
are the resale prices so much less than the developers?
- Does
the Timeshare Store, Inc. offer financing?
- What
are the closing costs and title insurance? Will I
get a free and clear title?
- Will
I be treated differently since I'm not buying direct from
the developer?
- How
long does the buying process take and do I have to come
to Florida for the closing?
- Are
there any hidden fees?
Haven't
we all had changes in our lifestyle due to unforeseen circumstances?
Some changes we must face include divorce, loss of
job, ill health, etc. Most timeshare sellers have reached
a point in their lives where interval ownership is no longer
feasible for their lifestyle, not because they are dissatisfied
with the product. They contact us when it is time to
sell their property, knowing they will be treated honestly
and fairly. We advertise their properties and make them
available to you at the best possible prices.
Most
sellers realize they must compete with the developer and other
owners in order to sell their property. Developers spend
far too much money on 'gifts' to entice buyers, while the
individual seller relies on price and product alone.
You benefit from the competition by saving thousands on the
price!
Yes.
The Timeshare Store, Inc. has financing available for all
timeshare properties, based on the purchaser's qualifications.
What
are the closing costs and title insurance? Will I get
a free and clear title?
In
most cases, closing costs are paid by the buyer to the title
company/attorney to do all the legal legwork involved in the
transfer of a property. This includes researching the
property to make sure there are no outstanding liens, mortgages,
or unpaid maintenance fees withstanding. They file the
paperwork with the county courthouse in which you have bought
your property and pay the applicable taxes required by the
state/city/county/country. Last, but most important
of all, closing costs include Title Insurance. Insurance
guarantees a free and clear title to you. Title insurance
also covers you in the event the person paid to do the legal
work made an error along the way. If someone attempts
to claim your property years from now, the company/person
to whom you had the insurance policy with is now liable.
We consider it a must when buying a resale!
Absolutely
not! With few exceptions, the resort employees never
know where you bought your timeshare and therefore, treat
you as wonderfully as an 'original' owner. All rights
and privileges granted to the original buyer are usually transferred
to the purchaser of a resale property.
Once
the contract has been properly signed and deposit has been
received, closing can take place in as little as 30 days!
Never!
Your costs will be the purchase price plus closing costs.
Should you wish to take occupancy in a timeshare week after
the owner has already paid his/her maintenance fees, you may
be asked to reimburse that owner. If those circumstances
apply, the figures will be clearly stated in the contract
as agreed upon by both yourself and the seller.
The
Timeshare Store, Inc.
Copyright © The Timeshare Store, Inc. All rights reserved.
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