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Original Message:

Re: Buying a timeshare/private transaction (by R P.):

When a prospective buyer contacts a resort for information concerning a possible timeshare transaction and they ask for information pertaining to ownership, this is called 'due diligence'. You're really not getting personal information when performing 'due diligence' before buying from a seller. You're merely asking the resort if the seller IS the owner of the week for sale, there are no liens, and IF all maintenance fees are paid to date. I've done this many times.

carries25 wrote:
I am amazed any resort group would give out information about an owner like that. If Marriott gave out any information about me, they would make a California attorney very happy.

As I understand it, when the resort handles a TS sale, they are not representing the buyer, and the cost is higher than if the owner sells it. However, they have immense bargaining power, offset by their ability to offer other incentives, like points, amenities, and the like.

Finding about any hidden costs in the property is what a title company does, in escrow. Notifying the resort of the new owner is also handled by them.

Anyone else care to weigh in?