The Cost of a $1 Time Share is $1,430.22

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Original Message:

Confusion vs. due diligence and advance planning... (by KC):

sandyd192 wrote:
Yes, that is how timeshare people confuse other people.

There are closing costs and transfer fees associated with any and every timeshare transaction, including those conducted between two private individuals, neither of whom may be commercial "timeshare people".

Any "confusion" stems from one (or both) of the two parties failing to clearly understand or negotiate (and specifically agree upon, before closing) exactly who will be paying the mandatory transaction costs, or if they will be "split". Truly desperate sellers will sometimes offer or agree to pay all such costs themselves to "seal the deal", but it would only be a very highly motivated (or truly desperate) owner who would give away a timeshare for a dollar AND also pay all of the transaction and transfer costs out of their own pocket, thereby voluntarily taking a very significant financial "beatdown" just to get themselves out of their ownership obligations.