When you look through the internet you can always find strange items to buy. One of the strangest is a $1 timeshare resale. It can be very misleading seeing vacation ownership for just a dollar, however this is in most cases just not true.
Sell $1 Timeshare on Ebay
There are many owners looking to Sell Timeshare and over a period of time owners can get dismayed and advertise them on Ebay. When they set up there ad the cheapest way to advertise is to start at a dollar. So there is the first misrepresentation of the $1 timeshare. Just because it has been placed at a dollar doesn’t mean it will sell for a dollar.
Misperception of the $1 Timeshare
One of the most annoying things about the dollar timeshare is that once a potential purchaser finds these $1 timeshares they think that all timeshares should be a dollar. This again is just not true. Depending on location, quality of resort, season and unit view, prices can go upwards to $10′s of thousands even on the resale market.
The truth about the $1 Timeshare
Having said that there are certain resorts and seasons that owners just want to exit from. You will find that these are legacy resorts. Resorts that commonly are completely run by the HOA’s and have no developer onsite to liaise resales. The HOA’s look to collect maintenance fees and are happy for the owners to Sell a Timeshare at a dollar as long as they can keep there revenue stream intact.
if you need any further information please do to hesitate to contact me.