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Re: Advice on purchasing a resale (by R P.):

Yes, there are some fantastic deals out there these days and many timeshares are being given away or selling for 1 cent or 1 dollar with owners paying all closing costs.

Just make sure the timeshare is where you want to go every year in a location you desire ... bottom line is that you can take over ownership of many timeshares for merely the upcoming yearly maintenance fees when that very exact timeshare may have cost several thousand dollars when the owner bought it initially.

It's definitely a buyer's market.