Selling in Secondary Market

[nilias]

Could someone please provide an outline of the steps involved in selling an SVR unit? Does one need to engage a closing company? What other entities have to be involved in the process? Thanks.

 

[DeniseM]

There is no resale market for Sheraton Vistana Resort, so most likely, you would have to give it away.

Here's how to do that on TUG:

There are two places on TUG where you can give away your TS's for free (no charge for the Ads.) There are other cheap and free sites on the internet, as well.

TUG Marketplace - the only cost is your TUG membership - $15 (List it for $1 and it will automatically go in the Bargain Basement Ads.)

Bargain Deals - Totally FREE! - just write a simple post with all the pertinent info. In your post, include the following info.:

-resort name
-unit size
-season owned
-maintenance fee
-current reservations​

To make it more attractive I would:

1) Pay the 2012 maintenance fees and don't ask for reimbursement.

2) Pay for the title transfer (you can get a simple title transfer with no escrow or title search for about $100.) Many people have used Tugger TTT (Alan) at Time Travel Traders for this service in the past, but he is retired and is referring most business to Lisa Short for this service - 1.706.969.8906 readylegal@gmail.com Lisa has been receiving good reviews on TUG.

3) Reserve a popular holiday week in 2012 for the new owner​

Good luck!

 

[nilias]

Thanks Denise. I will post in Bargain Deals.

 

[K2Quick]

It might be your lucky day:

http://tugbbs.com/forums/showthread.php?t=161238

 

[ronparise]

It might be your lucky day:

http://tugbbs.com/forums/showthread.php?t=161238

Whether or not money is involved or not, the transfer of a timeshare is the transfer of real property, and there are certain things that need to be done. A new deed need to be written and signed, it needs to be recorded and the property owners association needs to be notified

Denise has given you a way to advertise your timeshare for sale but finding a buyer is only the first step

Unless you are experienced in the transfer of real estate in the county where your timeshare is located; hiring a closing company to handle the details, makes sense to me

 

[DeniseM]

Ron - A suggestion for someone to do the deed transfer is included in my post - item #2.