Original Message:
How do I find out what market value is when buying a resale? (by Byron H.):
I just rented a week from an owner in Cancun and am seriously considering buying into a timeshare there. We stayed at the Gran Melia and almost purchased thru them but didn't like their best price. We would like a higher end resort in Cancun (Royal, Marriot, Melia, etc) but I have no idea of how to determine what a fair market value to pay is. Obviously I want to get the best deal but I also want the seller to know we are serious buyers instead of simply trying to give lowball offers. Any advice from sellers or buyers would be greatly appreciated.