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Q: What is a title fee credit on the sale of a timeshare?
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What is involved in selling a timeshare?

Selling a timeshare might sound like a quick job, but there are certainly some factors to take into consideration prior to selling. Mainly paying into some type of up-front fee seems to be the number one concern; in the greater scope of the potential sale, it is important to bear in mind the worth of the timeshare, and how/where it will be advertised.


How much is a mortgage closing cost?

A mortgage closing cost may include any or all of the following: discount and origination points, the application fee, appraisal fee, credit report fee, title search and title insurance, and a survey fee.


What is a title fee?

a fee you pay for the title.


Can I charge my customers a fee for using a credit card to pay on their account?

Yes, you can do that by adding the fee in your selling price. Therefore your cost is covered every time you make a sale whether paid by cash or credit card.


How do you list a timeshare for sale?

Well, whatever you do, don't list it with someone who promises that he "already has a buyer lined up." And certainly don't fall for the ol' "listing fee," "marketing fee," or "title fee." If a resell company tries to charge you any of these things, take down their company name, phone number, and whatever other information you can report, and report them to their own local consumer protection agency. Charging these fees is illegal. Help shut these illegal operations down!


What happens when you don't pay your maintenance fee in a timeshare unit?

Failure to pay the maintenance fee on a timeshare unit can result in late fees and penalties. Going to long without paying the maintenance fees can result in being turned over to a collection agency.


Bought old car in Alabama bill of sale only what do you need to title it in Pennsylvania?

You need to have your insurance card and license. You will need to pay a fee and take it to the title office in Pennsylvania.


Does most ecommerce charge fees for credit card processing?

All credit card companies charge a merchant fee, whether the card is used in e-commerce or POS. The rate of the fee is often negotiable with the lender, depending on the sale volume of the merchant.


How do i get a new title for motorcycle that does no have a title?

I would have to assume you have a legitimate bill of sale for the motorcycle. Given that go to your local Department of Motor Vehicles and apply for a replacement/lost title. They will most likely charge you a fee to replace your title. If you have no bill of sale you may still attempt to visit your Department of Motor Vehicles and inquire or visit your states website to research replacing a title.


How does the accounting for sales to customers using bank credit cards such as Master Card and Visa differ from accounting for cash sales to customers?

The Credit Card companies charge a "fee" for each charge sale at the merchant. The fees are either a flat fee or a percentage of the sale total. The fees change from bank to bank and there is no real "standard" to list here, at least that we know of.


What is a type of fee that a credit card company might charge?

credit limit fee


How do you get rid of timeshare?

If you have recently purchased the timeshare membership in the United States you can rescind the transaction in the first few days in most states. Each set of purchase documents papers accompanying a timeshare sale will include a section explaining how to rescind. The right of rescission is controlled by the laws of the jurisdiction in which the time share is purchased. The longest is 15 days in Alaska. You need to check the laws. If you are past your rescission period you can also contact Timeshare Mortgage Relief, LLC who is a timeshare consumer advocacy company and they can get you out of your contract if you are a victim of fraud or deception. If you have a timeshare that is paid in full you can contact Property Donation Group who will accept your timeshare as a donation or offer a guaranteed title transfer. If you are the owner of a timeshare then you will need to read the contract. Will your commitment and membership terminate automatically after a specific number of years? If you fail to pay your annual fees what steps can be taken by the property owner? Are you legally able to resell your membership? Does the property owner have a right to buy or first right of refusal? Once you understand your rights you can market or offer for sale your membership. You will receive only what someone else will be willing to pay. The Internet is one way to find buyers. In some destinations there will be local sales agents who can market the membership and they will be able to show it to people who are looking in the area. Owning a timeshare is usually a contract of a considerable number of years. You can wait for the contract to end or you can transfer the ownership to someone else. You can also sell it. See related link for state rescission periods.