Timeshare Sellers FAQ's
Frequently Asked Questions About Timeshare Sales:
Before you sell your timeshare read this to make sure you are completely informed about the process. To ensure the success of your timeshare sale, it is very important to be educated and ready to make the decisions that best benefit you. Of course, Timeshare Hot Deal will help you every step of the way, but these may be things you want to know.
If any questions are left unanswered give us a call toll free at 866-633-1030.
What is Right of First Refusal (ROFR)?
Right of First Refusal means that the resort where your property is located has the option to purchase the timeshare for your listed price before any private buyer. The timeshare reseller will contact the resort for you. If the resort declines their ROFR then you may continue with the private buyer.
Do I Need to Have my Property Appraised Before I Sell Timeshare?
Your timeshare was not appraised prior to you buying it. There is certainly no need for it to be appraised before you sell it now. Appraisals are simply a way for dishonest organizations to try and extract more money from people who want to sell timeshare. These are things you may not realize if you are not familiar with the ins and outs of timeshare selling, which is why it is good to have professionals on your side when you resell timeshare.
What is a CMA (Comparative Market Analysis)?
A CMA is a helpful way to establish the right price to sell your timeshare. Comparative Market Analysis produces a figure based on the value of your unit compared to the selling price of other units at your resort. Timeshare Hot Deal is one of the few timeshare resellers that will provide sellers with an absolutely FREE Timeshare Seller's Market Survey.
Is There a Way to Avoid Using Lawyers in my Closing?
It is very important to us that timeshare sellers get the best service and be treated fairly while also getting the opportunity to work with professional timeshare resellers. That is why TimeshareHotDeal is affiliated with a reliable and thorough Timeshare Closing Company. Unless you negotiate differently, you will never have to pay for any services provided by our licensed and bonded title company. These services include:
- Deed preparation
- Escrow of funds
- Estoppel certificate
- Closing statements
- Recording fees
- Transfer of funds to you
All title work is assessed by a licensed attorney and is fully guaranteed.
Can I Close my Timeshare Sale Without my Deed?
Yes you can. For many owners of timeshare, selling seems like a daunting task, but that stress can be alleviated by teaming up with informed professionals to resell timeshare. We are here to help you, whether you feel completely lost, or you have simply lost your deed. If you have misplaced your deed our closing company can contact the appropriate authorities (usually the county courthouse) to recover it. The fee for this service is generally US$25.
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