Legitimate Companies That Buy Timeshares
Timeshare is a type of real estate ownership where the buyer pays an annual fee to reserve a certain number of weeks or months in a particular unit. The owner then gains the right to use the property for that period of time. There are several types of timeshares depending on who pays what fee, when they’re used, and how many units are reserved. Timeshare resorts have amenities such as golf courses, clubs with pools and spas, tennis courts, gyms and racquetball courts, swimming pools and hot tubs.
Below are 9 legitimate companies that buy timeshares:
1. Newton Group
The Newton Group deals with timeshares in one of the most ethical ways possible. It offers clients the option of assigning their unit to someone else who needs a vacation home. This business only handles timeshares that are valued at $200,000 or less and that have one to six bedrooms. It does not buy units from resorts located in Mexico or Central America.
2. Timeshare Exit Team
Timeshare Exit Team is different from other businesses in that it will provide an alternative to selling a timeshare such as swapping with another owner or leasing it out for cash flow. The service is provided by a team of professionals with extensive experience in the industry and in handling timeshares. The team will assist clients to choose the right timeshare resort and ensure that they are able to use the money they make when they sell or exchange their unit.
3. Resort Transfer Company
Resort Transfer Company will not only buy your timeshare, but it also provides several alternatives such as exchanging your unit with someone who wants a particular destination or selling your home for cash flow. If you choose to sell, the company will handle all the legal paperwork for you so there’s no need to worry about any of that. This business is backed by attorneys, so you can feel safe when selling your timeshare in their hands. The company will also pay customers their full payment within 10 days, rather than give an average of 30 days.
4. Point Resorts
Point Resorts takes care of all the legal paperwork involved in selling your timeshare. Its team consists of highly-trained agents and accountants who will go through everything with you from top to bottom. You can sell or swap your timeshare for something that’s bigger and better because they’ll do their best to find you the ideal property or rent it out or lease it out for cash flow. They’ll also return the initial amount you paid if they can’t find a buyer or if the person buying your timeshare cancels after buying it and wants to cancel the agreement.
5. Holiday Resorts
Holiday Resorts is a reputable company that will buy your timeshare and then resell it to someone else. It does not sell units from timeshare resorts located in Mexico or Central America, so you can sleep well at night knowing that your unit will go to a worthwhile buyer. In addition, the company will pay all the initial money you paid at the time of purchase before they take over it. The company works with timeshare owners who have a variety of units in different locations.
6. Holiday Exchange Co.
Holiday Exchange Co. specializes in the purchase and sale of timeshares, fractionals, and resales. The company is simply another way to sell your timeshare without going through a lengthy process on your own, which can be time-consuming and tedious. It also assists in the marketing process by finding potential buyers for your unit, as well as ensuring that you get top dollar for it when sold. Holiday Exchange Co pays you all initial funds within 30 days after you sign the agreement with them and then disposes of your unit and pays you the remainder of the sale following that 30 day period.
7. Resorts Only
Resorts Only is another trustworthy company that will buy your timeshare and then resell it. It has a team of professionals who can guide you through the entire process of selling a timeshare and ensure that you get the highest possible price for it. This company works with owners with timeshares in more than eight different locations, such as the Dominican Republic, Mexico, and Jamaica. The company pays its clients within 8-10 days after they sign the agreement.
8. TMG Resorts
TMG Resorts provides a service similar to Holiday Exchange Co. in that it buys timeshare units from owners and resells them to someone else. It goes through the same process that Holiday Exchange Co. uses, except it only deals with timepieces in Europe and North America. The company will take care of all the legal paperwork involved and pay investors their initial purchase price as well as the remainder of the sale after they acquire your unit.
9. Great Timeshare Resorts
Great Timeshare Resorts is an American company valued at $2 billion whose main office is located in Nassau, Bahamas, but it also has offices in Los Angeles, Miami, New York City, San Francisco and San Juan. The company also has representatives located in other countries, such as Europe and South America, in order to buy timeshares in those respective regions. The company offers its clients the opportunity to sell or exchange their timeshare for something better. It will also deal with all the legal paperwork involved so you don’t need to worry about anything.
10. Timeshare Exchange Online
Timeshare Exchange Online lets its clients sell their units online, which is a convenient and efficient alternative to selling a timeshare through traditional means such as showing up at a location or using paper-based methods that most people find inconvenient. Its team will work with customers through the entire process in order to ensure that they get the best offer for their unit. The company will pay you all your initial money within 14 days of signing the agreement with them and then handle the transaction from there.
Selling a timeshare is difficult and can be time-consuming, so using one of the above companies is a worthwhile alternative. These companies have extensive knowledge about the industry and know exactly what steps to take in order to ensure that you get the highest possible price for your unit. On top of that, they also go through all the legal paperwork involved with selling or exchanging your unit.