Timeshare Sales Today - 3/12/2009
Holly Haydek - Buyers Department
Although buying a timeshare can be daunting process, Timeshare Sales Today is committed to making this process as easy as possible for both the buyer and seller. The following information will give you the basic information about the process of buying a timeshare.
Once an offer is made to purchase a timeshare, a representative from the Timeshare Sales Today Buyers Department will contact the owner of the timeshare with the offer. The owner will then either accept, decline or make a counter offer. Once both parties have agreed on a sale price, all appropriate information will be forwarded to the title company. The title company will produce all the documents needed for closing. The title company will verify both parties information, collect the deposit from the buyer, and collect the consent form and deed from the seller. The title company will then proceed by verifying all information with the resort. A closing agent with the title company will then draw up the closing documents, have the file reviewed, and sent out to both parties. At that point, both parties will need to sign and mail back to the title company. Once they receive all documents and funds, they will then send the deed to be recorded. When that is done, the seller will get a copy of the deed along with the proceeds. The buyer will receive the recorded deed and the title company will continue with the transfer at the resort level. Generally, closing takes approximately 60 days, provided there are no delays in verifying the information given by the buyer and/or seller. |