Hi, I'm considering buying a Hilton timeshare from my brother and was curious about the ownership. He explained that even though the timeshare is located in Las Vegas, it can be used anywhere Hilton has a resort and that there are also Hilton hotels that can be used with it. I want to take my brothers word on the usage of the timeshare, but now that I have discovered this site, I see some timeshares like his that are being sold for less that what he was offering to me! This makes me excited about the possibility of getting him to drop his price, but I want to be sure that everything he's told me about the way the timeshare can be used is true.

i too was going to post a thread basically on the same subject. i am seriously thinking about buying a timeshare but can't understand why there is so much difference in what people are trying to sell their timeshares for. i am comparing prices at one specific resort in vegas, same size unit, floating week every year and the price for this time share can be from $9,000.00 up to $24,000.00. i also see that maintenance fees for the same unit can be doubled as well. what gives with these differences in prices.

Hello guitarfish,

Hilton Grand Vacations(HGVC) is a point-based timeshare ownership and even though the timeshare may be deeded in Las Vegas, the ownership can be used at any of the HGVC resorts, based on availability. HGVC ownership does enable an owner to do a lot, as your brother explained. According to the HGVC website, So, your brother is right about the flexibility and versatile options Hilton Grand Vacation timeshare ownership offers. As for the price he is offering verses what you're finding on the resale market and the variance between what one owner wants when compared to another, that's just the nature of timeshare resale market. Unlike traditional real-estate, timeshare is considered to be more of a luxury item than a financial investment.

The similar question raised by bagpiper regarding the variance in price seen when searching the secondary market for timeshare can be explained similarly, but I would also urge any potential timeshare buyer to closely examine the 'Ad Listing' to be sure that what's being compared is indeed identical. Sometimes, there can be subtle differences that are not initially noticed. Such differences can be the amount of points awarded/deeded each year and/or the rights of use being annual, biennial, or even triennially(Every 3 years). Also, keep in mind that the timeshares you see being advertised could be, in reality, different than the way the owner is presenting them, so inquire to find out that what is being advertised is actually what is deeded.

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Thanks for the info. The HGVC website was quite informative and I noticed some general info about Hilton timeshare in the resort directory at this site also. I would like to hear from any current Hilton timeshare owners and their opinion and experience with HGVC.

Thanks!

Did you every buy your brother's hilton timeshare? I am in the same boat now. While I know some answers of the questions you were asking, I would like to know from you what process you took to get the deed transfered from your brother to you?

Good question SandPine. I, too, am interested in what different ways a timeshare can be transferred. What happens?

I think that some things involved with transferring a timeshare from seller to buyer may depend on the structure of the cotract, where it's deeded(if it's deeded) and perhaps a few other factors, but here's a general short-list I found online that probably applies to most timeshare transfers.

• A closing copany and/or real estate attorney is retained to properly facilitate the transfer of the timeshare and all applicable funds are placed in escrow, until the transfer is complete.
  
• The retained party researches the timeshare property to determine if the title is clean and/or the property is ready for transfer.
  
• An estoppel cetificate/document is acquired to confirm the status of the current timeshare owners account including confirming the size of unit, unit type, and the status/availability of the week.
  
• Preperation and submition of the timeshare transfer documents to the buying/selling parties for signature and notarization, if needed.
  
• The deed is recorded, if deeded, and the proper documents are submitted to the resort, and any funds held are released.