Timeshare Articles

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Sell timeshare through our open and entirely free forum. Buy Timeshare is a free to use website that allows buyers and seller to sell their timeshare weeks privately. In order to sell your timeshare we suggest that you place your weeks for sale under the correct resort name and allow prospective buyers to request more information from you.

It is advisable to use a reliable ESCROW service or an attorneys or accountants trust account to ensure the security of the purchase which would then be transferred to your account on successful transfer of the timeshare into the buyers name.

Typically, a buyer and seller agree on a price, the purchase price is deposited into a trust account or escrow account and the transfer documents are requested from the resort administrators. There is a transfer cost involved in the transfer of a timeshare and depending on the type of scheme you are involved in, thes…

In South Africa, most resorts are shareblock companies. There are a few sectional title development and some are shareblocks where the ownership is for a predetermined number of years.

Shareblock in perpetuity

This is the most common form of timeshare ownership in South Africa and the owner purchases shares in the shareblock company. Each shareblock identifies the unit number, week number and gives the holder the right to occupy the unit in the prescribed week, the right to allow visitors to occupy the unit, the right to rent out the unit and the ability to exchange the unit through the resorts affiliation to a timeshare exchange organisation like RCI.

each shareblock agreement includes a “use agreement” which will detail the rights and responsibilities of the shareblock holder and must be accepted by the purchaser in order to take transfer of the shares.

Each shareholder in a shareblock development must have a copy of the use agr…

We all deserve a vacation at least once a year and by buying a timeshare week on the resale market could save you as much as 50% on the initial purchase price.

Essentially, an investment in a timeshare is intended to save you money on your future vacations and not intented to be a capital investment. You should view it as a long term investment where your return is in the form of future savings and if, after 10 years of savings you make a reasonable return on the sale of the timeshare, it will be the best investment you ever made.

Most timeshare owners hold onto their units, pass them down through the family, allow friends and family members to use them or rent them out when they cannot use them.

We all know the cost of hotel accommodation and in particular foreign hotels and travel costs. Timeshare offers a massive saving when travelling abroad and and just 1 ovberseas vacation could nett you a return on your investment.

Timeshar…