About 6mts ago, I got in on one of those great "ground floor" opportunities and bought a timeshare. Now I'm thinking about reselling it. The package that I got has gone up in value substantially, so there would be a small profit in it. I called the company and inquired about the process. Problem is that since the property is not finished, I don't qualify for resell help from the company. Technically, there is no timeshare property at my timeshare address. The property is not scheduled to be complete until spring 08'. Any suggestions?
2007-05-14 09:39:40 · 2 answers · asked by Knowledge Thirsty 3 in Business & Finance ➔ Renting & Real Estate
Generally, a timeshare resale will not bring you as much as you bought it for. Additionally, why would someone buy it from you when they can buy it from the timeshare company for a possibly lesser/better price? In your case, you do not even have a property to show a possible buyer. Finding a buyer for a non-existent property will be your biggest hurdle. Good luck to you.
2007-05-14 10:04:57 · answer #1 · answered by duke 5 · 1⤊ 0⤋
It seems to me that the only problem is ...finding a buyer. Its sounds kind of risky to me. If I were a buyer, I'd be thinking is this for real and what proof do I have that it will be built and that I will like it when its done.
2007-05-14 16:44:23 · answer #2 · answered by hottotrot1_usa 7 · 1⤊ 0⤋