heckp
TUG Member
- Joined
- Mar 20, 2009
- Messages
- 687
- Reaction score
- 94
- Location
- Markham, Ontario , Canada
- Resorts Owned
- HRA SDO MKO WKV
Would anyone comment on how much is closing cost buy/resale of Harboside lately. Thanks
-
The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!
Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day! -
TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!
Read about our 31st anniversary: Happy 31st Birthday TUG! -
TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!
Free memberships for every 50 subscribers!
Visit TUG on Youtube! -
TUG has now saved timeshare owners more than $23,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!
Read more here: TUG saves owners more than $23 Million dollars -
Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
-
Sign up to get the TUG Newsletter for free!
Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners! -
Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!
All T-shirt options here!
Closing cost Harborside (HRA)
- Thread starter heckp
- Start date
- Joined
- Dec 19, 2008
- Messages
- 16,211
- Reaction score
- 4,815
- Location
- Maryland
- Resorts Owned
- A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
Last I heard it was in the $1800 range on the low end. I can't imagine it being any less than that.
heckp
TUG Member
- Joined
- Mar 20, 2009
- Messages
- 687
- Reaction score
- 94
- Location
- Markham, Ontario , Canada
- Resorts Owned
- HRA SDO MKO WKV
Thank you, any suggestions on closing companies?
Part of the problem that causes it to be expensive is that you are legally required to use a Bahamas attorney
- Joined
- Dec 2, 2008
- Messages
- 2,331
- Reaction score
- 2,002
- Location
- Vancouver
- Resorts Owned
-
HYN HCC HWP HYP
HRA KAN WSJ WKV WLR SVV
MCV MKO MM1 MPU MSK
GP7
Valdoro
HHV Lagoon
I heard that too from closing companies, but I was unable to independently verify that claim, or find a quote from Bahamian legislation confirming it. A Bahamian attorney may be "strongly recommended", especially for valuable non-timeshare real estate purchases, but I suspect it's not really legally required.
- Joined
- Dec 19, 2008
- Messages
- 16,211
- Reaction score
- 4,815
- Location
- Maryland
- Resorts Owned
- A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
I tried to read the actual statutes and got lost. This isn't from a closing company but just a website for an attorney that processes sales of real estate in general. My understanding is a deeded timeshare is treated the same as any other deeded real estate. Other vacation club properties in the Bahamas have been RTU and not deeded, so this applies to Harborside and really no other timeshare/vacation clubs that have operated in the Bahamas. https://bahamaslaw.com/bahamas-law/real-estate-transactions-in-the-bahamas/
"The purchase or sale of real estate in the Bahamas requires the assistance of a local attorney. Transactions typically take three to six months to complete, sometimes less depending on the circumstances."