Jennie
TUG Member
- Joined
- Jun 9, 2005
- Messages
- 1,808
- Reaction score
- 3
She said growing Wyndham's hotel business, particularly internationally, will also help balance. Wilson said customers continue to buy timeshares, despite the struggling economy, though "they have to be coaxed a little bit."
I wonder if the Coaxing involves the use of firearms.![]()
Cheers
This is the line that I love.....when she is talking about how to continue to access the asset-backed securities market for liquidity.
"pledging a mortgage as collateral for a loan - known as hypothecation."
So, seems to me that the savvy purchaser would require her to place a true market value on that mortgaged timeshare.....maybe she should check TUG classifieds?
Ann
I was surprised that she 2/3 of their buyers are using their financing. I wonder what interest rates they're paying.
I prefer to buy resale timeshares that are cheap enough that I don't need to finance them!