Transfer Your Timeshare
This service is also know as the “Timeshare Take Over”. You, the timeshare owner are transferring your ownership to a 3rd party company, who is taking over your timeshare. This allows you to get rid of your timeshare.
The Benefits Of Transferring Are Real
- You get rid of your timeshare, the liability of it and all its fees, costs and hassle of owning a timeshare. How much will you save?
- It’s 100% Guaranteed to make your timeshare go away. If your timeshare is not transferred out of your name, all of your money for the Transfer Service is refunded to you.
- It’s quick! The average time to complete the transfer process is 12-16 weeks.
- Not every resort can qualify for a transfer due to any of the following: extremely high transfer fees, resort going bankrupt, resort will not transfer to a company, or there are language barriers for foreign resorts. TimeshareScam.org manages a changing list of about 40 resorts which do not qualify.
- You must not owe any money to the resort. This means your timeshare must be paid off, its maintenance fees must be current / up to date, no outstanding fees of any type are due, no property taxes due and any special assessment must be paid to date. If it’s after September 1st in a calendar year, next years maintenance fee will still be owed.
If the above sounds interesting to you, this is how the transfer services works.
The first step is determining / confirming if your timeshare resort ownership is eligible for the transfer service. Basically, the above is confirmed with our staff members.
Next, a contract is setup for the transfer by legal department. The contract includes the owners name and address along with the legal description of the timeshare ownership. The buyer’s information, which is the company taking over your ownership. This can be confusing since the buyer really isn’t buying the timeshare unit because it’s being given away. You will then review the contract, sign it and make a payment for the timeshare transfer service.
Once payment has been received by TimeshareScam.org, we will send the contract to the closing company for processing. Each contract gets assigned an agent at the closing agency who handles all communication through telephone, fax, email, mail or courier. The owner doesn’t need to be present for the closing and the closing agent will personally advise the owner on what will happen and the status of the closing.
Specifically, the closing agent works with you and ensures the following is completed:
- The agent will request that the owner sign a consent form that will allow for verification of the owners account.
- The legal description is verified to match what is stated on the contract.
- The resort’s owner services department is also notified that the ownership is being prepared to transfer to a new owner. Most resorts require a transfer fee and the current fee is confirmed. This fee is requested from the owner and placed in escrow until payment is required by the resort. At this point the resort may have additional paperwork such as a Right of First Refusal which would allow the resort to step in and act as the buyer thus taking back the timeshare property. This doesn’t effect the transfer as everything processes as normal but the resort ends up with the unit instead of the contracted buyer. This doesn’t happen to often, but if it does, it doesn’t effect the transfer.
- After the resort reviews and approves the closing documents the new deed or instrument of transfer is recorded. Some resorts are eligible for electronic recording. This speeds up the closing process since the agent is able to process this online in a quick manner as opposed to mailing the documents and having them handled by human hands. Upon receipt of the new deed, the closing agent notifies the former timeshare owner that the closing is completed.
- The closing agent’s process takes from 8-10 weeks on average to complete.
The Take Over program is 100% Guaranteed Money Back if the ownership isn’t transferred AS LONG AS the resort property details and legal description that were provided on the contract are correct. This program is the easiest and safest way to get out of a timeshare ownership.
To get started with ending your timeshare ownership, please fill out this form or call 1-866-878-4885.
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