Posted: Fri Sep 28, 2007 4:24 am Post subject: selling a timeshare
My timeshare is already paid off. Can I used the quick claim deed to transfer my ownership to another buyer and are there other forms I need to fill out to ensure I'm no longer financially responsible for the timeshare that I'm sell to a new buyer. Thanks!! _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
If your timeshare is paid, then I don't think you need to worry. you can transfer the timeshare by quitclaim deed. For that you will have to fill up the quitclaim form as approved by your state, get it signed by the notary public and then record it at the office of the County Recorder.
In order to prove to the buyer that you are no longer responsible financially for the timeshare, you should obtain a mortgage release certificate from the lender you have dealt with. _________________ Procrastination is the enemy of your financial sucess
You should not worry as your timeshare is already paid off. You have no further responsibility towards the loan. You can now transfer the ownership to any buyer you want.
Guest
Posted: Sat Sep 29, 2007 12:08 am Post subject:
Hi Tony,
You can easily transfer the ownership of the timeshare by quit claim but make sure to get the mortgage release certificate.
now that,your timeshare is already paid off, you don't have to worry about the loan and your everything for your properties. you can use a quit claim deed to transfer your property to someone that you intend to sell to. But the quit claim deed usually is used between a family members.
adonis
