Original Message:
Re: BUYING DEVELOPER vs RESALE (typical scenario) (by Peter C.):
I don't know that timeshare system, but there are times owners don't know what they are selling. It's a bigger risk to buy what looks like an incorrectly listed property but pays off now and then! I recomment you ask the seller to fax a copy of their purchase documents for you to review before or during closing, with the right to withdraw if you don't like the information.
I buy a lot of Diamond Resorts contracts. I have the seller sign an authorization form so I can contact the resort and ask questions directly about the seller's ownership. Staff at the resorts or corporate offices are not always proficcient, but if you have the authorization, keep asking for the transfer and closing departments in addition to owenr services. You might get your questions answered!