Hello Mel,

YES! Timeshares with mortgages can be sold. One thing you will have to keep in mind is that a mortgage will have to be satisfied before the Timeshare can be transferred. No mortgage balance can be transferred to an upcoming owner. So when selling your property, make sure that you know what your pay off amount is at all times. Then you will be able to know exactly what you can negotiate when a buying offer comes in.

P.S. Just because a property goes into closing it does NOT mean you can stop making your mortgage payments. All of your Timeshare fees (i.e. Maintenance fees, Mortgage payments, Taxes, Special Assessments) have to be keep up to date. If not then it alters the closing process, and ads extra fees to the owner. It is the owner’s responsibility to keep up with current fees, unless otherwise negotiated with the buyer in the sale.

If you need any further assistance, please contact our staff at 1-800-581-7330!!