Our Process
Buy A Timeshare Process
,The Process for Buying a timeshare is very similar to how you would purchase a home. Since we are licensed Real Estate agents in Florida, you are afforded all of the protections that Florida Real Estate Law provides to consumers for brokered transactions.
Step 1:
Review our listings for Points we have for listed sale. Once you are interested in learning more about that specific timeshare, you can ask us questions or make an offer for that timeshare. We present all offers.
Step 2:
Contact us for questions or to make your offer. Before we can answer your questions or submit your offer to the seller, we need to have you register your contact information. Click on Contact Us and submit it with your questions or your offer. We will respond to you as soon as possible either by email, chat or telephone.
Step 3:
Contract Phase. Once the buyer and seller agree on a price and terms, we prepare contracts and disclosure documents for all parties. All documents are returned to Sterling Title along with any required deposits, which we will use to open escrow. Sterling Title is our preferred closing company.
Once escrow is opened, estoppels and title searches are done so that closing documents can be prepared. Those documents are then sent out to the buyer and the seller for signature and a target closing date is established. Buyers and Sellers sign and notarize documents and the balance of purchase funds is due. Occasionally, financing is required. Once all documents are signed, notarized and returned, closing can take place.
The entire process from date of contract takes roughly 60- 90 days depending on how busy Sterling Title is and how fast buyers and sellers can get documents and purchase funds returned. Once escrow is closed, funds are dispersed to the seller and to the brokers. It takes approximately 7- 14 days after closing for the new owner to have points in their account.