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Refinancing my Newport Coast Timeshare

I own my Newport Coast timeshare and would like to pull some cash out. Who offers financing on timeshares. I am not interested in selling it I just want to pull cash out. Thanks Phil

Philip M.

philipm109 wrote:
I own my Newport Coast timeshare and would like to pull some cash out. Who offers financing on timeshares. I am not interested in selling it I just want to pull cash out. Thanks Phil

I doubt you can get a loan on a timeshare since the value of any timeshare is so unpredictable .... most of the time the value is only what someone is willing to pay ..... but it wouldn't hurt to call around.

R P.

philipm109 wrote:
Who offers financing on timeshares?

No one, basically --- except in the instances of financing arranged in the course of a developer direct purchase.

Lenders simply will not regard your timeshare ownership as having any meaningful equity value to "cash out" in the first place. Sorry.

Last edited by ken1193 on Dec 09, 2010 02:26 PM

philipm109 wrote:
I own my Newport Coast timeshare and would like to pull some cash out. Who offers financing on timeshares. I am not interested in selling it I just want to pull cash out. Thanks Phil

Hi Philip,

You might check out this link http://www.redweek.com/timeshare-loans

Marty

Marty F

Do you not agree with Marty....... http://www.redweek.com/timeshare-loans

Is this legit?

James B.

jayjay wrote:
philipm109 wrote:
I own my Newport Coast timeshare and would like to pull some cash out. Who offers financing on timeshares. I am not interested in selling it I just want to pull cash out. Thanks Phil
I doubt you can get a loan on a timeshare since the value of any timeshare is so unpredictable .... most of the time the value is only what someone is willing to pay ..... but it wouldn't hurt to call around.

Do you not agree with Marty....... http://www.redweek.com/timeshare-loans

Is this legit?

James B.