I want to sell my timeshare. It is floating RTU. It is in Mexico (duh). It is paid in full. Maintenance fees due in Jan I expect about $800. I have paperwork from Givebacktimeshare.com. Can't find much about them except for one reference from someone who researched their broker license and found them associated with VIN. Don't know what VIN is. Giveback uses Timeshare Closing Services, Inc. There's a little here about them being slow but nothing horrible and they have a "satisfactory" BBB rating. I'm told the process is: 1. send paperwork (including copy of deed/membership agreement). 2. Title company does search & creates legal docs. 3) send docs to me. I sign & notorize. 4) they pay me the agreed-on price (docs show our verbal discussion amount of $1000). 5) Transfer process completes in 60-90 days.
Something doesn't seem right. Why can't I find anything on them in BBB or elsewhere? Why are they paying me $1000 -- is the thing really worth $5000? I like the approach: no upfront fees. I don't have to do the listing, negotiating, etc with a buyer -- which I really don't want to do!
Advice?
Something doesn't seem right. Why can't I find anything on them in BBB or elsewhere? Why are they paying me $1000 -- is the thing really worth $5000? I like the approach: no upfront fees. I don't have to do the listing, negotiating, etc with a buyer -- which I really don't want to do!
Advice?