Groupwise Inc.: Solutions To Selling Your Timeshare
Today’s economic slowdown has hit family budgets hard: spending on travel plans has either been
severely tightened or even erased from their annual finances to save money. Instead, families are
opting for either road trips or ‘staycations’ as a viable alternative to getting away from the everyday
For those with a timeshare, however, it’s become even more of a financial strain as the costs of
maintenance, special assessments and other ownership obligations cramp wallets and
Groupwise Inc. would like to offer a few solutions on what you need to get in order before selling
your timeshare to a third party.
Get It In Writing. Admittedly, the stress of owning a timeshare can cause one to make poor
decisions in an effort to unload the property. One important item to keep in mind is to get all
information from your salesperson in writing. That way, should something go wrong, you have
written proof of your ownership agreement if a conflict arises.
Setting Your Price. When it comes to setting the price of your property, it will most definitely
require a bit of research to guide you what the market in the area of your timeshare is demanding.
Such sites as Craigslist and eBay may offer a sense of what the market rate is but Groupwise Inc.
recommends that it would be a wise decision to check out regional real estate agents for sales data
on timeshares. The agent’s data will be reliable and verifiable.
Put A Checklist Together. Selling or transferring a timeshare to a third party requires careful
planning like any other piece of real estate. Some of that planning commands some information for
your paperwork, which should include the following: name, address and phone number of the
resort; the financing agreement; the amount and due date of any and all maintenance fees; and the
amount to be paid in real estate taxes if billed separately.
Turn To Groupwise. At Groupwise Inc, our focus is acquiring