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Re: Buying timeshares (even resale) (by Darrell H.):

Ok maybe somebody here can help me with some information. I understand all the pluses and minuses of TS (mostly negatives). My wife and I usually take a week or two each year to travel, often to Cancun MX. We have sat through sales pitches at Disney, Hilton and most recently Omni Cancun (twice). Im not to excited about any of the Vacation Clubs as they call them but there are some things we like about each one. The Omni we can burn as many weeks as we like, they just take them off the end of the term, Disney it's the point system we like along with Disneys low pressure pitch and honest reputation. We had finally decided to just pass on the idea of TS ownership for now, until I joined RedWeek and found a floating week for a crazy low price at a resort we love. At the price I can't lose but we are stumped as to how to exchange funds in the sale? I called and verified the seller actually owned what he claimed at this resort. Now the owner wants to sell and even lowered the price some more <Grin> but wants me to sign papers he sends me then return to him with a check which he said he will hold until Resorts Advantage has made the name change on the official documents. I don't like the idea of sending money to someone until my name is on the correct papers. Does anyone know of a reputable company that handles this kind of transaction for sellers and buyers? I really wouldn't consider buying if this were not at a resort that we will use regularly and save about 200 per night on our stays.