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The Timeshare Broker Beat: Bringing you up to date information about the timeshare industry - from tips on scouting out the hottest new property to scam alerts for protecting yourself when buying or selling timeshare.

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Subscribe to this list via RSS Blog posts tagged in timeshare closing companies

We know how difficult it can be to handle a timeshare transfer on your own. From document preparation to acquiring the right forms and consulting with lawyers, the entire process can feel daunting and prohibitive.

At Timeshare Broker Sales, we're always looking for new ways to simplify the timeshare resale process, and as experienced and licensed brokers, we handle timeshare closings every day. We understand the often confusing ins and outs of transferring a timeshare deed; and we only work with licensed and bonded escrow companies.

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Stop by almost any timeshare forum and you’ll find discussion about purchasing a timeshare for $1 on for-sale-by-owner websites like eBay and Craigslist. These days, you’ll even find sellers advertising their property on personal Facebook pages! So what’s the deal? Why are there timeshares available for $1, and is it a good idea to buy timeshare from owners on FSBO sites?

The primary reason you’ll find timeshares for sale at such drastic discounts (often listed for $1 - $100) is because the current owners are no longer able to afford their maintenance fees and simply want the property off their hands. Sounds great, right? Well, that depends.

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Last week, the Better Business Bureau began an investigation into the legitimacy of an Iowa-based “vacation ownership closing company” going by the name of Wade Capital Management.

According to iowa.bbb.org, "the company purports to be located at 668 19th Street in Des Moines, Iowa; however, mail sent to this address has been returned as undeliverable. The address is a 7 unit apartment building. The owner of the building states that there is no business known as Wade Capital Management operating from such location."

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