[ 2014 ] This poor guy...

http://www.ebay.com/itm/Club-Wyndha...51691622754?pt=Timeshares&hash=item3a99fd6162

"The 10 year mortgage through Wyndham is for $21,973.17 which can be refinanced at anytime, through a lender of your choice once the sale/transfer is complete."

Such a deal!

Well that ad is a bit misleading. It has a buy now of $299. But the fine print reads

"We are just asking the purchaser to cover the $299.00 deed transfer fee and any other related sales costs. As a result the purchaser can simply assume the monthly mortgage payments of $356.61 per month + $80.02 per month in maintenance fees. "

So this is really a LOT of money. Basically a developer purchase passthru viaebay. What gullible soul will do that?

Should qualify for one of most over priced TSs.

Let's hope some poor soul does not bid $299 thinking that is what he is getting for.

I know only one mega renter who assumes contracts,


there are people who will pay around $1.00/ point for assumable Worldmark contracts

pacodemountainside said:

Should qualify for one of most over priced TSs.

Let's hope some poor soul does not bid $299 thinking that is what he is getting for.

Click to expand...

I like to sort descending, think they checked sold listings

http://www.ebay.com/itm/Four-Season...01204522873?pt=Timeshares&hash=item2ed8b95f79

http://www.ebay.com/itm/4BR-GRAND-P...51443555476?pt=Timeshares&hash=item2342bd4494

http://www.ebay.com/itm/JOCKEY-CLUB...71515506366?pt=Timeshares&hash=item27ef1eeebe

Here's another - I don't know if he's trying to snag a sucker or if he really believes his deed is worth it:

http://www.ebay.com/itm/205-000-Wyn...2259980803?hash=item3abbddd603:i:252259980803

spackler said:

http://www.ebay.com/itm/Club-Wyndha...51691622754?pt=Timeshares&hash=item3a99fd6162

"The 10 year mortgage through Wyndham is for $21,973.17 which can be refinanced at anytime, through a lender of your choice once the sale/transfer is complete."

Such a deal!

Click to expand...

If someone takes over this loan, the person who signed the note with Wyndham is ultimately responsible for the payment. In reality someone could pay $299, use the points and then walk away leaving the original owner holding the bag. Membership and the loan are two different things...