If you are planning to buy a timeshare and benefiting from vacation ownership, then make sure you buy a timeshare on the resale market. When you buy a timeshare from a major developer (Marriott, Hilton, Hyatt, Disney, Starwood) you are not only paying full price, but you are also subsidizing huge marketing budgets spent by these larger companies. AllTimeshare is now owned by Magical Realty, a small family owned business dedicated to helping people find the best deal on the resort of their dreams.
We encourage anyone thinking of buying in the timeshare resale market to do their research on the company they are planning to buy from. Make sure they do not charge any up font fees, and they should have an A+ rating with the Better Business Bureau. Do not do business with a company who will not speak with you over the phone, and
Check out our listings and resorts in our online timeshare resale listings market. You may create an account for ease of purchasing, news and updates on deals, specials, and hot buys, or just browse and gains some buyers confidence. Call or click to connect with one of our friendly real estate professionals today. The advice is free! what are you waiting for? Let Alltimeshare and Magical Realty help you find your next vacation home.
When a customer purchases a timeshare property through our company, everything will be done from the comfort of their own home. Here are the steps:
Once a buyer and seller have agreed to a price, we are responsible to generate contracts for both parties. Documents are sent to each party via email. We ask both parties to exercise due diligence and to return contracts within 24 hours from the time it is received.
Buyer shall be required to place a deposit in order to secure the inventory and to reassure the seller that he/she is a bona fide buyer. Such deposit will be placed in the closing company’s escrow account which at closing, the deposit is applied towards the purchase price. Buyer shall receive with the contract, instructions as to how to proceed with the payment.
Once the documents are back, we forward them to the closing agency.
The closing company will open an escrow account and place the buyer’s deposit immediately.
A verification of the seller’s property will be conducted by sending the resort a estoppel form. This form confirms what the seller owns, if occupancy is available for next year, and if all the fees are current.
If there are no discrepancies with the estoppel form, then the closing company starts preparing the closing documents for both parties.
The buyer shall send the closing company the remaining funds for the purchase price and the amount due for closing costs along with the closing documents.
Once the closing documents are returned with all funds due, the closing company disburses the funds to the seller and schedules a date to record the deed at the county courthouse.
Time sharing used to be known as vacation ownership, but as of recent, it has become a popular way to spend your vacation. We believe the reason more people do not opt to rent a timeshare instead of staying at a hotel or resort, as most individuals have no idea renting is even an option. We will discuss a few frequently asked questions that our agents answer on a daily basis. Below are some of these frequently asked questions. For more FAQ's visit our Frequently asked questions page.
The differences between a timeshare and hotel are abundant, but the biggest factor setting them apart is room quality and available options in the villa sizes.
Timeshare resorts are far superior when it comes to room amenities. Ownership comes with a full range of high-end options available to buyers tailoring a room to best suit their needs. Instead of having to get multiple rooms to accommodate larger groups or families, they can get a three-bedroom with a lock-off and have a private room within the same villa. Below are some standard hotel room features in contrast with standard timeshare features.
You do not even need to read the lists to see a noticeable difference in the value between the two. With a timeshare, you get a more home away from home experience compared to what is offered by a standard resort or hotel. With ownership, you not only benefit from the resort extras, but many timeshares include championship golf courses, water parks, theme parks, ski lifts, and much more.
There are all kinds of different types of vacation ownership products available on the market today, but these can be divided into three main categories:
Timeshare ownership usually refers to the purchase of an interval of usage to a single or your home resort. Your ownership often tethered to particular villa type: one, two, three bedrooms that are within a date range or season like a specific time of year.
Fractional Ownership is the purchase of a larger increment of time. This is commonly a set block of weeks and is a great way for people to vacation for longer periods of time. Some of higher end brands offer fractional ownership, and the rooms tend to be more luxurious than a standard timeshare.
Points based ownership programs are sometimes referred to as vacation club memberships. These systems allow owners to allot a specific number of points each year where they can exchange them for accommodations at any number of resorts in their network. Like buying weeks, points-based ownership is often tied to a home resort, season, and usage. But there is the added flexibility to book shorter stays at larger villas or longer stays at smaller villas.
Each of these types of ownership products can be either fee-simple or right-to-use. Fee only refers to a deeded purchase in which you own the time share perpetually, whereas right-to-use relates to a lease-like agreement in which your ownership expires after a set number of years. If you would like to learn more about timeshares and the types of ownership available, please call (407-347-6515) to speak with one of our timeshare specialists today!
The short answer is yes, but there are many other benefits to vacation ownership that can save you money if you know where to look. If you look at it in comparison to owning a vacation home or condo then right from the get go owning a timeshare is considerably less expensive. Maintenance fees are divided among multiple owners, and this handles you accommodations so inflation cannot affect your ability to vacation. When you buy, buy a timeshare on the secondary or the timeshare resale market you can save as much as 70% off what you would pay buying directly through the ownership program.