Thinking About Purchasing a Marriott Timeshare. Can a Resale Really Be About 1%of the Original Purchase Price?
The resale company boasts units at this particular resort for 00. Marriott wants to sell for ,000. If I don"t buy directly from Marriott, will I still be entitled to all the perks?
Selling Timeshare – Sell Timeshares
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First of all your math isn’t too good. 1% of $35,000 is $350. 2,800/35,000 is 8%.
Timeshares can be limiting and often have very high maintenance fees. Many people who buy them regret it. If (and that is a super strong IF) I were to consider it, I would do it on the resale market (much, much cheaper).
good luck!
Dont do it…
Before you do a purchase–ask the resale company for a copy of the CC&R. This is the document that should spell out all the stuff that goes with the timeshare. Sometimes they make you wait to contract to see it–put a contingency in the contract giving you and or your attorneys a chance to review prior to closing And yes, sometimes someone just wants to get out. They will sale at fire sale prices. But check over everything; get an attorney involved prior to contract and closing .
CC&R=covenants, conditions and restrictions
I guess people do not read the question before they answer. The answer is YES, you can find them for even less tan $2800 and this is due people buying them for the wrong reasons. The perks are the same as they are attached to the ownership.
If you’re planning to buy a timeshare unit, usually, resale units are much lower in price than any other timeshare company. Just be careful with the underlying legal agreements that goes with that deal.