$1 on ebay?

[toocherie]

I see lots and lots of listings on ebay for timeshare sales starting at $1.00. At least one was a Marriott interest (in Branson). Should these just be wholesale disregarded as "dogs" or are the timeshare salesmen/women just dumping these right now before the annual maintenance fees come due in January? Or are there possible "gems" in the group?

 

[DeniseM]

I see lots and lots of listings on ebay for timeshare sales starting at $1.00. At least one was a Marriott interest (in Branson). Should these just be wholesale disregarded as "dogs" or are the timeshare salesmen/women just dumping these right now before the annual maintenance fees come due in January? Or are there possible "gems" in the group?

I bought an ocean FRONT unit on Kauai last week for $98 total, including closing.

There are always timeshares on ebay for $1, but right now, because of the economy, lots of people are trying to get rid of their timeshares because they can't afford to travel or they can't afford the maintenance fees. There are a lot of dogs being dumped, but there are also some of the best deals ever on quality timeshares. The secret is knowing the difference.

Besides purchase price, don't forget to look at the closing costs, yearly maintenance fees, taxes, any special assessments coming due, and the cost of travel to the resort.

 

[JudyS]

Denise said it!

There are some good weeks for $1 (plus often $400 "closing fees") on eBay, but there are also a lot of weeks that you'd have to pay me thousands of dollars to take.