Gold and silver weeks at Barony Reach have been available through Ebay auctions. My friend won a silver for $1700. plus about $400. closing and transfer fees. Marriott did not exercise ROFR. This was 18 months ago. We've seen gold ones go for far less.I have a sale pending with them for a Gold Marriott Barony Beach Resort. I am waiting for ROFR now.
You've seen Gold Baronys going for a lot less than $1700? On eBay? I'll have to look that up.Gold and silver weeks at Barony Reach have been available through Ebay auctions. My friend won a silver for $1700. plus about $400. closing and transfer fees. Marriott did not exercise ROFR. This was 18 months ago. We've seen gold ones go for far less.
Hopefully you are getting an equally good deal.
Can you explain what a POA flip closing is?That site is affiliated with the Timeshare Relief group of companies... Timeshare Closing Services, Inc., Strategis Realty, etc...
I would assume they are using that site both as a lead generation tool (to target sellers) and also as a sales platform to reduce their eBay fees...
As with any PCC operation- the standard warnings apply... Avoid POA flip closings like the plague, ask for estoppels, and perform your full due diligence (and then some!)..
POA Power of Attorney - The post card company (PCC) gets a power of attorney from the original owner, gets around them acting as unlicensed real estate agent, and prevents them from assuming or getting stuck with any unpaid maintenance fees or special assesments if they can't sell it, that will belong to the original owner or a condition of the transfer to the new ownerCan you explain what a POA flip closing is?
I think this is a great way to see a companies true colors. If they are legit, and are real confident they can sell, they would jump on an offer like this.Tell them you'll double their commission. You'll pay them $2000 to be taken from the proceeds of the sale at closing. They'll disappear quick as a bunny.