Timeshare Resale Frequently Asked Questions
We put together a list of the most commonly asked Timeshare Resale questions. If you have a question that you can't find an answer to here or on the Timeshare message boards and you would like to speak with a professional Timeshare Resale Representative, please call 866-215-7591
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A.
Timeshare property ownership without the up-front cost of owning a property year round, you pay for the time you use. You may use your home resort every year or trade to thousands of other affiliated resorts worldwide.
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A. A set time that can be used annually.
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A. Timeshare Vacation time that can be used anytime of the year based upon availability.
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A. A week of timeshare deposited in one of the many exchange companies to be saved or banked for use at a later time.
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A. The act of trading Timeshare vacation time with other timeshare owners for a one time use.
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A. A Timeshare property that is owned for life and may be willed to someone.
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A. A Timeshare property that you own for a pre-determined number of years.
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A. An annual Timeshare fee paid to maintain and improve the property.
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A. Points are offered annually and can be redeemed for daily stays, weekend getaways, full week stays or other products. Additional points can be purchased but usage varies from resort to resort.
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A. A Timeshare color system used for rating the desirability of a timeshare week. Red is considered the most desirable followed by white and yellow. Blue and green are considered off-season.
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A. A property that can be used every other year.
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Resort Condominium International (RCI)? and Interval International
A. The two largest exchange companies. They are responsible for 98% of all exchanges.
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A. The top Timeshare rating given to a resort in the Interval International system.
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A. The top Timeshare rating given to a resort in the Resort Condominium International system.
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A. A timeshare that is divided into two separate living spaces with two separate entrances. A lockout will usually exchange one week for two weeks in a smaller unit.
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A. No, but most Timeshare brokers charge an appraisal fee and take 20% to 40% commission of the sale. This leaves the seller very disappointed. The real problem is that they don't actually advertise or expose your property to anyone. A Timeshare Resale buyer must call them to inquire about purchasing and the broker usually will sell the property that they are getting the highest commission on. This only serves their interests. When a buyer contacts us, they are able to search our entire inventory complete with asking price on our website. This allows the Timeshare buyer to shop for the best deal without any commission or pressure sales tactics.
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A. Most Timeshare resorts don't even offer a resale program. If they have new units to sell they will focus on them because they make a much higher profit.
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A. You do not have to have one to sell and Investment Property Solutions does not require it.
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A. You do not need legal counsel because we only work with licensed and bonded title companies. The title company handles the closing process from start to finish and they guarantee a free and clear title.
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A. As long as you haven't accepted an offer. You can continue to use your property unless you would like the property available for a potential buyer.
Investment Property Solutions
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Toll free (866) 215-7591
info@we-buy-timeshare-resales.com
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If you need additional assistance or would like to speak with a Timeshare Resale professional, please call 866-215-7591
