Original Message:
Re: I'm interested in buying Hilton or Hyatt VC - Why have so many hit the resale market? (by R P.):
Resales are on the market for several reasons:
1. The buyers develop buyer's remorse (for whatever reason) and just want to get their invested money back (which never works on the resale market reselling developer bought timeshares for what they paid, but they don't know that).
2. They thought they would use their week(s) but ended up not having the time to do so.
3. They got sick and tired of rising maintenance fees, special assessments and rising exchange company fees.
4. They have trouble getting all the great exchanges a timeshare salesperson told them they would get.
5. They are having financial difficulties.
6. They become disillusioned with timesharing.
7. They find out they could have bought the exact same week on the resale market for 1/3 to 1/4 of what they paid the developer.
There are many other reasons that there are millions of timeshare resales on the market. The above are just a few.