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Re: Buying timeshares (even resale) (by KC):

Amy asked: >> Has anyone bought a timeshare from eBay? I am looking at a couple Southern Californa beach and Palm Springs timeshares. The prices are lower than $500. <<

Price alone is not enough information. You also need to ascertain whether there are unpaid maintenance fees, unpaid "special assessments", unpaid late fees. Someone will have to assume responsibility for those debts before ownership can actually be transferred -- any guesses on who that might be ?

You could easily have a "winning bid" on a timeshare for $1.00 on eBay, only to then promptly discover that in order to acquire clear title you then need to spend a few thousand dollars to clear up the liens and unpaid debts, then a few hundred more on top of that for closing costs, if you use a closing company. Do not be deluded by being able to purchase for pennies ---there is likely a good reason WHY it's so cheap! A "winning" bid might well quickly become a "losing" proposition.

I'm not trying to be overly negative, I'm merely just suggesting a reality check and a thoroughh investigation of the facts. If a "deal" sounds too good to be true, it often is......

Caveat Emptor --- Buyer Beware!