What is Timeshare?Owning timeshare allows you to prepay for your vacation accommodations in advance, providing your family with a lifetime of luxurious vacations at today’s fixed, low rate. Timesharing (also called vacation ownership) enables individuals on a variety of budgets to enjoy annual, week-long vacations at premium resort properties without the exorbitant costs and hassles of outright ownership.

What are the three common types of timeshares? Points, Floating Week, and  Fixed Week What are Points?  Allows the owner to choose which dates they wish to travel each year   based on the number of points that comprise their points-based ownership. What is a Floating Week?  Allows the owner to choose which week they wish to travel each year based on the weeks that comprise their specific floating week ownership. What is a Fixed Week?  Guarantees the owner?s use of that same week each year (or every other year). What is Fractional ownership of a unit at a resort?  This is shared ownership of a resort property by people in an arrangement which allocates usage rights based on time. Ownership of a unit at a resort is most commonly for one week of usage. Can Usage of the timeshare vary depending on the specific ownership?  Yes, the two most common forms of usage are Annual (every year) and Biennial (every other year) Triennial (every three years). Are timeshare resorts affiliated with an exchange company?  Yes, Almost all timeshare resorts allow you to trade your week so that you can travel to a different resort of your choice.

What is the Difference Between Red, White, Yellow, Blue and Green Time?These colors serve as a rating of the overall desirability of particular weeks at a timeshare resort. Red is considered peak season and the most desirable time of year to own. Red is followed by white and yellow (mid-season), and then blue and green, which are considered off-season. Keep in mind that high and low seasons vary from resort to resort, so be sure to investigate this before purchasing a fixed or flex week.

Does our company work for the resorts?  Unfortunately we do not, therefore, we cannot speak as to how someone can use their ownership or resort fees. We strive to answer questions to the best of our ability, however, specific questions about how to use your week/points or if the resort is going to charge additional fees after the transfer of ownership should be directed to the resorts.

What is the Difference Between Deeded, Leased and RTU Timeshare Resales?A deeded timeshare resale property is similar to traditional real estate in that you will own the timeshare indefinitely. Accordingly, the deeded property can be sold, rented, given away, donated or even willed to your heirs. Leased timeshare resale properties and RTU (right-to-use) timeshare resale properties are the same thing. Leased timeshare ownership enables you to use a specific week at the property for a set amount of time, typically ranging from 20 to 99 years. When the lease matures, the right to use the property terminates, and the timeshare interest normally returns to the resort.

Closing Process:  When the auction is closed, please provide the following information via email to customerservice@vacationclosing.com: name(s), address, City, State and Zip, daytime phone, email address & copies of the new owners id(s). All information is required within the same day of auctions ending.  How do I Pay? Accepted Payment methods are:

1.    Personal, Company or Cashier’s checks

2.    Credit Cards

3.    PayPal will be sent to you by the closing company on next business day. 

4.    Venmo or Cash App

Duration of the closing period depends on many important aspects including, but not limited to: 1.    County In most U.S. county’s 30 days, since paperwork must be mailed out to them, NOT including CA and HI. Some counties are set on electronic recording, thus enabling instant recording. Anything outside of U.S MIGHT need additional time, due to the legal aspects and their parties. 2.    Buyer response time In cases where buyer must sign additional paperwork provided by the resort or title company. 3.    Management Companies Many resorts use management companies to control financial and owner communication aspects of the timeshare, many of which have to prepare their own transfer documents. Depending on the management company up to 8 weeks to prepare and then forward them to the title company and additional 6 weeks to complete them ones received back from title. 4.    Developers/Resorts 1.     Certain developers require additional steps before recording or ordering of any paperwork begins, such as FROR (first right of refusal), which can take up to 30 days. 2.  All of these steps are generalizations of the closing process and each of the ownerships has its own closing process. That is why we use an experienced title company to handle all of the closings. Estimated closing for most of the transfers is 180 days.

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FEEDBACK POLICY  We value our customers and want you to be satisfied. Don't hesitate to contact us with any questions or assistance needed.   Positive Feedback Will Be Left Upon Receiving Feedback from Buyer.   FREE use based on resort availability and the resorts ability to complete the transfer in time. Timeshares4u or the closing company do not guarantee FREE use or that this will transfer in time. If FREE use is received, this will be considered a bonus to the buyer.  We cannot control the ownership due to it being in the owners name at the resort level and even though the owner may agree to relinquish the usage as an incentive we have no control over them depositing the ownership with their exchange company or using the week themselves.  The closing company will provide you with the owners contract details so you may call the resort directly to confirm use is still available for the mentioned year before proceeding with purchase.