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Bought first HGVC timeshare - closing questions

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  • Bought first HGVC timeshare - closing questions

    I bought a 7000 point platinum Las Vegas Hilton timeshare on ebay from a timeshare broker using Title Outlet, Inc. in FL as the closing company. Anyone have experience with this firm and is it customary to hire a real estate attorney to review these documents as I would do for a home purchase? Although the 2009 maintenance fees are paid, none of those points were used and they are included. With eight weeks to go before year end, how likely is it I will be able to roll those points over to 2010 myself after a closing or should I insist that the seller arrange this as part of the contract since I would not want them wasted. Thanks in advance for all assistance.

  • #2
    It several weeks to transfer a HGVC week and get the deed recorded in Las Vegas. It has been a while since I bought mine, but I seem to remember it taking about 3 months. I'd suggest you ask the seller to bank the points, but I'm sure you'd be responsible for the $49 fee to do that.

    As long as you have a reputable closing company you don't need to hire a lawyer.

    Norm

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