Timeshares Action Steps

There are some initial requirements you must meet.
The timeshare MUST:

• be an actual deeded timeshare property for a specific unit # and not just a generalized vacation membership agreement.
• be paid for in full and all timeshare fees paid current.
• have no liens against the timeshare unit.
• have a copy of the timeshare ownership agreement, bylaws, and similar restriction codes for review by us prior to our acceptance.
• meet state requirement for deeded transfer of timeshares.
• foreign timeshares are handled in special ways and on a case by case basis.

Steps:

Roll over this line to get a summary of the process.
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1. Contact us with questions.Send us details of your timeshare:
2. Send us details of your timeshare: (Use the Form and Checklist.pdf files below)
   1. Timeshare Resort
   2. Timeshare Location (address and phone #)
   3. Timeshare Unit #
   4. Timeshare Week(s) of use
   5. Timeshare Exchange membership associated with it
   6. Timeshare Annual ownership fees
   7. When fees are due
   8. Copy of timeshare ownership agreement, bylaws, covenants and regulations, and similar restriction codes
   9. What you originally paid for the timeshare
   10. How long and what you've done so far to sell the timeshare
3. Tell us what your tax bracket % is for your adjusted gross income last year and what it is expected to be this year.
4. We will evaluate everything, check with the state regulations, and county recorders office for specific requirement, procedures and fees involved in the transfer of timeshares.
5. We will submit to you a proposal of the timeshare transfer including:
   1. Evaluation of current fair market value of your timeshare
   2. The amount of tax return you could receive from this donation of your timeshare
   3. An estimate of savings over the next 5 years of NOT paying ownership fees
   4. Help you locate and use a Timeshare Closing Company of your choice
   5. Final detailed instructions for completion of the transaction.
6. Once you decide to accept our proposal:
   1. Complete the forms correctly (usually requires a Notary Public)
   2. Select a closing company and let us know who it is. (click on Closing Company for a list of them.)
   3. Notify the closing company you will be working with us and send them the service fee of $500 (Yes we do require a service fee). They will hold it until closing and give it to us then. If we do not take your timeshare, they will refund that back to you.
   4. Include an additional personal check or money order to the closing company for payment of all closing costs. Most closing companies will refund that back if closing does not take place.
   5. Return everything else to us in the envelop provided.
7. Upon receipt by us, we will immediately:
   1. Submit everything to the closing company including our additional paperwork
   2. Send a letter to you regarding that submission
8. Upon closing the closing company and we will:
1. Send your copy of the recording to you
2. Keep our copy
3. Send you your tax donation credit letter
4. Send a letter regarding transfer to the timeshare resort owners
5. Send a letter for you to send to the timeshare resort owners as well.
9. You are now FREE and will get your money from the IRS when tax time rolls around.
   

This whole process takes from 14 to 90 days to complete, depending on how fast you get your stuff done and how fast the county recorder does their work. Don't wait until the last minute at tax time or you'll have to wait another year to take credit for the donation.

What's the first step?
Click here to fill out a preliminary form to send to us.
There are no obligations or costs of submission

Process and Samples
Click here to download the checklist file in .pdf format.
Timeshare Donation Checklist.pdf

If you have any questions concerning selling your timeshare,
please don't hesitate to
contact us at the above location.
We look forward to serving you.

FINALLY Relief at last!!!
What do you do when ownership ends?
We've researched links to some outstanding travel web sites.
Learn to travel with discounts in costs, not luxury or service.