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If you bid and WIN ... What's next?
PURCHASE & SALE CONTRACT ---
After we are notified via eBay that you won the bid and the auction has ended, you will receive an email from us requesting information for the Purchase and Sale Contract. Alternately, you can contact us first via eBay email with this information:
- Names of the new owners, spelled out how you would like them on the deed and/or ownership:
- Mailing address:
- Email address(es):
- Telephone number(s):
- Membership number of your current ownership (if applicable), only if you are adding to the same resort family:
Next, we will email you the Purchase and Sale Contract through a secure website named DocuSign for your electronic signatures.
DEPOSIT --
After you have reviewed and e-signed the contract, a deposit of $1,000.00 is due immediately. If you wish to pay by credit card, an authorization from will be attached to the contract for your convenience. If the total of the purchase is less than $1,000.00, the total amount of the purchase price will be due.
RIGHT OF FIRST REFUSAL PROCESS --
Upon receiving your signed contract and deposit, we will submit the contract to the resort so they may begin their Right Of First Refusal (ROFR) process. The resort has up to 30 days to determine whether to exercise their right to purchase the property back from the seller or waive and allow the purchase to proceed as contracted with you as the buyer. If the resort exercises their right to buy the property back, your deposit will be refunded.
More Important Closing &
Resort Transfer Information
CLOSING --
All closings are handled by our preferred title company, Timeshare Resale Closing Services, Inc., who is greatly experienced in timeshare closings. All paperwork is handled via fax, email, US Postal Service and FedEx.
Our brokerage and the title company does what it can to expedite the closing process, which generally takes 60-90 days to complete. I some cases the resorts will take longer in their transfer process. In these times, patience is appreciated. Please be assured our goal is to have you enjoying your new timeshare as soon as humanly possible!
REMAINING FEES --
Once we have received the Right of First Refusal (ROFR) waiver, letter of estoppel, and any other necessary documents from the resort, the title company will send you closing documents and a request for the balance due, if applicable.
PAYMENT OPTIONS --
Remaining balance of this purchase may be made via wire transfer, cashier's check, or money order. The title company does not accept credit cards or personal checks for the remaining balance.
CLOSING SERVICE INCLUDE --
Title insurance; Preparing transfer tax forms; Escrow service; Notifying the resort of the closing; Filing an IRS 1099-S property sale report; Optional waiver of the resort’s first right of refusal; supervised preparation of contract, deed or other transfer, closing statement; Obtaining and analyzing an estoppel (account status) report from the resort; Recording or properly filing the instrument(s) of transfer (usually a deed); Releasing escrow funds to seller, resort, mortgage holder, et cetera.
Frequently Asked Questions
"I have a timeshare that I would like to sell, can you help?"
Yes, we can! Our licensed real estate brokerage works off of a commission basis, and we will never charge upfront fee!
Please feel free to contact our office at 866-878-4885 or by email at [email protected]. We will conduct a comparative market analysis, at no charge, to determine the value of your timeshare and then discuss the best options for you.
"I don't see what timeshare I am looking to purchase, can you help me find one?"
If you are looking for a property that we do not currently have advertised in our eBay store, let us know--we may have it within our inventory, or can locate it for you! Please contact us with the details of your desired timeshare property and we will work hard to find the perfect timeshare for you.
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Time To Share Realty
Licenced Real Estate Brokerage
St. Petersburg Florida USA
Proud Members of National Association of REALTORS®
office 866-878-4885 ~ mobile 727-430-0548 ~ fax 727-362-4618
[email protected]