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Buyer FAQ:   What happens during the course of a timeshare sale?
  In what manner will my purchase funds be held in escrow?
  Am I under obligation to remit payment for recording fees and recording fee taxes?
  Who assumes responsibility for paying a transfer fee levied by the resort?
  What is the best way to determine whether or not the maintenance fees and property taxes have been paid to date?
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 What happens during the course of a timeshare sale?
First, we provide you and the other party with an easy-to-complete Contract that you fill in with the terms you have agreed upon, sign and return to us. The Seller(s) are also provided with a "Resort Release Form", which they sign and return to us. This form is sent to the resort; and based upon what we learn from the resort in the form of an Estoppel Certificate, we then construct a correct transfer document. Next, we send the transfer document to the Seller, and a copy of the document goes to the Buyer, along with a request for the necessary funds for Escrow. When the Seller returns the transfer document we scrupulously review the document to make sure that it is in order. Next, the transfer document then goes to be recorded with the appropriate State and local authorities. Taxes and recording fees, which our included in our flat fee, are paid at this time.

Upon receiving the deed from the appropriate agency, we send a letter notifying the resort of the change of ownership. A copy of the deed is also sent to the resort at this time. Then, lastly, the deed to the property is then sent to the buyer.

 In what manner will my purchase funds be held in escrow?
In order to expedite matters, your certified bank check or cashier’s check must be made payable to the Transfer My Timeshare Escrow Account, a standard Escrow Account in which your purchase funds are safely held until the transfer documents are received by the appropriate parties. This account earns no interest. Releasing these funds from escrow is contingent upon your total satisfaction with the manner in which the terms of sale are observed by the seller. The sale goes forward only when you, the buyer, are ready to proceed.

 Am I under obligation to remit payment for recording fees and recording fee taxes?
No, we will include the payment of recording fees and recording fee taxes in our Closing Fee, which in most cases is $499. (Some states are higher).

 Who assumes responsibility for paying a transfer fee levied by the resort?
Certain resorts may levy a transfer fee. Payment of this fee can be done by either the buyer or the seller. Both parties can even split this cost, should they choose. Regardless of which party pays the transfer fee, kindly inform us of who is responsible, and we will process the fee. Typically, what we do is send the fee to the Resort at the same time as we send our transfer documents.

 What is the best way to determine whether or not the maintenance fees and property taxes have been paid to date?
An Estoppel Letter will contain all information from your resort about the status of taxes and other fees. Unlike most timeshare closing companies, our Estoppel Letter/Resort Disclosure Packet is included in the price of our service. This gives you an added measure of security during a timeshare purchase.


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Testimonials:

"I received the check this morning and wanted to thank you for your service. It was handled in a professional matter and I am very happy that you answered all my questions in a timely manner. It was a joy working with someone like you."
-F. Tagoe

"Jessica I wanted to drop you a note to say thank you to you and your company for providing professional help in selling my timeshare. You and your company made it so easy compared to the other companies that I had tried in the past. I will recommend you and your company to everyone that I know who owns a timeshare. I will tell them if they want someone that does it right, quick, and with little effort on their part, then use TMT, for they are the best. Again, Thank You!"
-P. St. John

"Thanks again for your excellent service. Should we contemplate buying or selling other timeshare property in the future, we will definitely give your company the business."
-C. Carriére

"Professional, efficient and accurate. Transfer My Timeshare is my primary 'closer' for timeshare resale transactions because of these attributes. Their experience in closings and their unparalleled customer service are truly respected."
-S. O'Connor, Broker

"It has been such a pleasure working with you on this difficult sale. If there is any kind of performance evaluation needed, I score you a 10 out of 10! Thanks so much for all of your hard work, and please forward my comments to your superiors so they can see what a huge help you have been to us. Thanks so much again!"
- S. Ivey

"Thanks so much for all your assistance. You have gone above and beyond to assist me and my family....returning phone calls promptly, contacting the seller and helping us rent a timeshare when our timeshare purchase would not be available for 2007. Thanks to you, my family will have the summer vacation we've been looking forward to. We really appreciate all you've done. Thanks again."
-P. Searles
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