Will I have to pay any unpaid loans or maintenance fee left by the Seller?
Since we use an escrow to complete the transaction between the seller and the buyer of the timeshare, escrow will ensure the seller and buyer execute the ownership transfer according to the terms specified in the agreed purchase contract. Escrow will check the deed for ownership rights, check with the resort company regarding any outstanding maintenance fees and loan fees. If there are any outstanding fees on the seller’s account, escrow will ensure these fees are paid to the resort company prior to recording. Seller will not be able to sell their timeshare if there…continue reading →