Faqs

Frequently Asked Questions

How long will my timeshare transfer take?

Each timeshare is different and has its own individual transfer process. There are many steps involved in properly completing the transfer and the cooperation of the owner is crucial to our success.
Once we have received the required documentation and transfer fee the average transfer takes 120 business days. There are resorts that complete the process much faster and other resorts that take longer, depending on their internal process. We will always do our best to complete the transfer as quickly as possible while fulfilling all of the legal requirements needed to remove your name from the property.

Does my timeshare need to be paid off in order to transfer?

Yes, your membership must be paid in full and have no outstanding balances at the time that the transfer process begins. This includes, but is not limited to, mortgage, maintenance fees, special assessments, and taxes.

How long do I have to keep paying my maintenance fees?

You are responsible for your annual maintenance fee for the year that we begin your transfer and any fee due or billed by your timeshare for a period of 90 days after Value Traders receives the transfer requirements (documents and transfer fees). If your timeshare has not been transferred within the 90-day period, you can forward all bills to us before the due-date so that we can take care of them for you.

Can I use the weeks/points that I have paid the maintenance fee for?

Yes! We want to ensure that you are able to book vacations using the weeks/points that are associated with your paid maintenance fees. In order for us to be able to proceed with the transfer and not risk your vacations being cancelled due to a change of ownership, we highly recommend that you book your vacation with your exchange company (RCI, Interval, etc.).

Who handles all of the paperwork and transfer with the resort?

Value Traders will perform the transfer for you and keep you updated on our progress. In the rare event that we need your involvement as the owner, we will let you know what needs to be done and walk you through the process.
All of our transfers comply with the legal requirements necessary to remove your name from the ownership with no further obligations to the resort.

Do I have to inform my timeshare resort about the sale or transfer of my membership?

We will do it for you! Once all of the transfer documents have been executed, including recording the new deed in the case of deeded memberships, we will forward all transfer requirements to your resort. Due to the volume of timeshare transfers that we process every year we often have a way to expedite the process through assigned contacts with resort management companies.

What do you need from me to process the transfer?

Transfer processes vary for each resort, so it is important to clarify the exact requirements for the timeshare that you are transferring with your assigned representative. The following is a guideline of general requirements:

  • Limited Durable Power of Attorney
  • This allows us to perform the transfer on your behalf, minimizing the amount of documents being sent back and forth for signatures.
  • Proof of Ownership
  • Depending on your membership, this could be a purchase agreement, recorded deed, certificate, or some combination of the three.
  • Photo identification
  • Government issued photo ID for each owner listed on the membership.
  • Maintenance Fee Statement
  • A copy of your last maintenance fee bill along with proof of payment confirms that the property is current and gives an overview of your membership information.

Your representative will go over the specific documents required to transfer your membership and make sure that all of your questions are answered.