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What paperwork/info do i need if i want to sell my timeshare

Captpan6

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Howdy,

My mom has finally had enough of paying maintenance fees on her FantaSea resorts Atlantic City timeshare and asked me to help get rid of it.

I'm sitting here with all the paperwork she got from them concerning it and...there's a ton. We have the deed (everything's paid in full) but there's also the Truth in Lending Disclosure Statement, a document saying we have week 52, a document that says we ACTUALLY have a floating high peak season week (a typo according to her), and much more (she kept a lot).

I'm getting information overload and want to boil it down to the basics, or is more merrier here? What are the bare essentials?
 

TheTimeTraveler

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Sadly, most timeshares are worth little or nothing.

With that said you may want to consider giving it away on TUG, or posting it on eBay for $1.

If you find a taker then go the Legal Title Transfers and let them handle the transfer for you. It will be done, and done right. LTTransfers is highly thought of here on TUG and I will leave you their website below:



www.LTTransfers.com




Best of luck with unloading it.



.
 

SmithOp

TUG Review Crew
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LTT will need a copy of the deed and a sales contract once you find a buyer (even if it's for $1). There is a sample on the web site, look under Document Preparation.

Sent from my Lenovo 10e using Tapatalk
 

Captpan6

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Sadly, most timeshares are worth little or nothing.

With that said you may want to consider giving it away on TUG, or posting it on eBay for $1.

If you find a taker then go the Legal Title Transfers and let them handle the transfer for you. It will be done, and done right. LTTransfers is highly thought of here on TUG and I will leave you their website below:



www.LTTransfers.com




Best of luck with unloading it.



.
We are already prepared to let it go for a buck so no worries on that front.

As for title transfers, FantaSea actually has a title team (I couldn't get them on the weekend). Am I better off using LTTransfers though? I haven't yet learned whether the FantaSea team handles transfers.
 

TheTimeTraveler

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I have no knowledge of "FantaSea" whereas I have done business with LT Transfers. I'm very satisfied with LTT has done for me and wouldn't hesitate to use them again.

Most TUG users also recommend LT Transfers.

It's a decision you will have to make once you find someone who agrees to take your week off of your hands.




.
 

funtime

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I would go with the resort title team. They will get it right and should be no hiccups. Also ask them if they will accept deed back because of advanced age.
 
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