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Old February 21st, 2007, 05:48 PM
bobbyboulders bobbyboulders is offline
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Question Average Timeshare Closing Costs?

I bought my Fairfield timeshare a few years back and we are now thinking of selling. I do not recall what we paid for closing(I do remember the sales guy telling me I was responsible for paying them), so I thought I would ask if someone here knows the average cost of closing for a timeshare property? Does it matter where the timeshare is located? Am I responsible as the seller? Or is it the buyers responsibility? Or is it negotiable?

I appreciate any help anyone can offer and I visit this forum often(used this company to rent-out a while back), so I'm sure someone can help.

Last edited by TSA_Staff : September 28th, 2007 at 10:04 AM.
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Old March 5th, 2007, 10:45 AM
3rdstone 3rdstone is offline
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Default Timeshare Closing Costs Can Vary

The closing costs for a timeshare can vary depending on where the deed is recorded. When you buy from the resort you pay closing costs, so I would think that the buyer would be responsible for them when you sell.

Last edited by TSA_Staff : September 28th, 2007 at 10:06 AM.
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Old March 5th, 2007, 11:16 AM
TSA_Staff TSA_Staff is offline
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Default Closing Costs On A Timeshare

When you purchase from the resort directly the closing costs are bundled into price paid for the timeshare, but with timeshare resale it can be negotiable.

Timeshare Adventures offers a 'No Closing Cost' option where we completely eliminate the cost of closing for both seller AND buyer. Our PLATINUM listed properties are advertised as having NO CLOSING COSTS and we have an attorney-run closing department to perform the closing as soon as buyer and seller have agreed to terms.

The idea here is to attract more buyers to our property listings by eliminating this obstacle and making the process simple for both buyer and seller.

The information posted at the following link elaborates further about this option.

PLATINUM LISTING - NO CLOSING COSTS
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Last edited by TSA_Staff : September 28th, 2007 at 10:03 AM.
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Old March 5th, 2007, 11:18 AM
bobbyboulders bobbyboulders is offline
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Default

Thanks for the help, guys! I spoke to a rep on Saturday and she explained everything.
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Old March 5th, 2007, 03:55 PM
n2deep n2deep is offline
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Default Timeshare Closings Depend on the State?

I had a property at Marriott's Maui Ocean Club, however it's not convenient to travel that far West (I live in Michigan). My sister in California bought it from me and we ran into extra surcharges for Hawaiian closings . Apparentley the fees or the closing procedure of a vacation property can vary state to state.

Last edited by TSA_Staff : September 28th, 2007 at 10:02 AM.
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Old October 25th, 2007, 09:28 PM
zynaidashiers zynaidashiers is offline
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Quote:
Originally Posted by 3rdstone
The closing costs for a timeshare can vary depending on where the deed is recorded. When you buy from the resort you pay closing costs, so I would think that the buyer would be responsible for them when you sell.


Yes. A lot of factors varies!
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Last edited by TSA_Staff : October 26th, 2007 at 08:59 AM.
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