Buying timeshares (even resale)
Post reply
Original Message:
Re: Questions about Buying timeshares (by TJ):
Quote:I noticed that a poster asked about the "first right of refusal" or that the hotel can buy it back from underneath you if the sale price is too low? can they do this and how does one prevent or prepare for this type of situation?
Marriott and Disney and some other entities have right of first refusal (ROFR). In other words you have to give those entities the right to buy your timeshare back should you decide to sell it.
Do they often repurchase these timeshares from people if the price is too low? Is there a way we can track and find out what the ceiling price is for these properties before they are repurchased or is it hit and miss? Thank you in advance