Timeshare Points For Sale In South Africa
What is Timeshare Points?
Timeshare points are an increasingly popular alternative to owning a traditional, fixed-week of timeshare. Rather than owning the right to occupy a pre-determined sized unit within a particular resort, members of points-based timeshare clubs own a set amount of annually allotted units (generally known as points).
Timeshare Points For Sale In South Africa
Cape Escape is a timeshare points, timeshare resale and timeshare rental specialist in South Africa. Contact us for more.
Frequently Asked Questions
How do you get timeshare points?
Timeshare points are similar to currency. Based on the frequency of your ownership (annual, biennial, biannual etc.), you get a number of points to use for your vacation. These can be purchased directly from the resort, or you can save thousands buying timeshare points for sale on the secondary market.
Can you sell timeshare points?
Can I keep some of my points and sell the rest? Yes, most systems allow you to sell a portion of your ownership. Please call Owner Services at your brand to make sure you understand all rules & limitations before you post.
Who buys timeshare points?
Timeshare points can also work in tandem with timeshare exchange. Though there are numerous exchange companies in the industry, RCI and Interval International are the two most prominent ones. You deposit your points to your exchange network, and can then trade them for other bookings.
How do I sell my timeshare in South Africa?
It’s a better idea to find a broker through the Vacation Ownership Association of Southern Africa for assistance with selling your timeshares. These brokers never ask for an upfront fee but rather take a commission from any sale that is made.
Can you buy vacation points?
If you don’t plan on using your DVC points and cannot bank them for next year, you can contact Disney directly for assistance in renting them out. You can buy unused Disney Vacation Club points on the resale market from owners selling their full points package.
How much do Points cost for a timeshare?
The difference between the value of timeshare points as new sales compared to resale can be dramatic. Marriott Destination points can sell for $12-14 per point at the resorts, but can go for as little as a third of the price on the resale market.
What happens if you stop paying timeshare?
If you stop paying your timeshare loan, you run the risk of foreclosure. During foreclosure, the lender files to take possession of the timeshare property so it can be sold at auction to cover any remaining debt you owe. There are two types of foreclosure: Judicial Foreclosure.
What is the best way to exit a timeshare?
Almost all major timeshare developers have some form of exit or take-back program. You can find them through ARDA-sponsored Responsibleexit.com. They include Marriott Vacations Worldwide, Wyndham Destinations and Hilton Grand Vacations, to name a few. These are simply ways to surrender your timeshare.
How can I legally walk away from my timeshare?
To get out of a timeshare legally, consider these options:
- Use the rescission period.
- Call the timeshare developer.
- Rent your timeshare out.
- Sell your timeshare on the resale market (but expect to take a hit).
- Gift your timeshare to a friend, family member or stranger.
Who pays timeshare after death?
However, in the case of an owner’s death, a timeshare becomes part of that owner’s estate, and thus, the benefits, investment, and obligations attached to it are passed onto the next-of-kin or the beneficiary of the estate.