Can I trust these e-bay sales??

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Original Message:

Re: Can I trust these e-bay sales?? (by Carvan A.):

jayjay wrote:
Concerning postcard companies and their $1 deals on Ebay ... the vast majority of timeshare shoppers on Ebay don't know anything about postcard companies and how they operate ... they're just looking for a good deal and a $1 timeshare is about as good a deal as you can get. Even though I don't condone how the pcc's do business, they do have some fantastic deals. Even many Tuggers (who don't necessarily condone how the postcard companies operate) buy these deals. It's a cheap way to get into timesharing. I have seen many gold crown resorts for $1 from the pcc's on Ebay

There is evidently a huge market for their services going by the number of $1 timeshares on Ebay. I suppose most people that pay these companies in the 3K range would do most anything to get out from under their timeshare obligations and continually rising yearly maintenance fees and possible special assessments.

Most of the EBay timeshare listings with no reserve that start bidding at $1 do not mention the amount of maintenance fees and/or pending special assessments. I suggest it is not a "fantastic deal" to buy even a gold crown timeshare if the fees exceed the rental value of comparable property. I am afraid some of the buyers will find themselves with an albatross around their neck and that they "would do most anything to get out from under the obligation" what with the "continually rising yearly maintenance fees and possible special assessments".

After some failed attempts to sell, give away or donate to charity they may decide that $3,500 to a "Post Card Company" is a small price to pay to maintain their good credit rating. I loathe these PCC as much as anyone and will have nothing to do with them BUT maybe they do provide a service to some unfortunate souls out there. Hopefully many of the PCC acquisitions remain unsold on EBay and elsewhere and they end up eating the high maintenance fees and special assessments. Yet I suspect that when that happens they simply walk away from the obligation and the corporate shield protects the credit rating of the principals involved.