Original Message:
Re: why are timeshares selling for zero dollars??? (by R P.):
penneyc2 wrote:So is it a good idea to pick up a time share for $1 if you are really interested. is it legal. do you really own that week? Penney
Many TUGgers buy inexpensive timeshares on Ebay ..... what my concern would be in buying a postcard company timeshare is I've read reports of the transfer of ownership not being made and the original owners are being billed for maintenance fees. I don't know how often this occurs, but I've read a few accounts of this happening, however one must follow through until the end concerning the transaction .... checking with the resort and county records to make sure the transfer has been completed.
There's nothing illegal (against the law) about it, so far, but you have to stay on your toes (my last paragraph).