Never pay a seller directly. Use a reputable closing company that uses an escrow account to secure funds until the deed is transferred [2].
Only work with brokers licensed by the state where the resort is located (e.g., look for members of LTRBA - Licensed Timeshare Resale Brokers Association) [2]. buy cheap timeshare resales
Do not buy a cheap unit simply because it is cheap. Buy a unit that fits your vacation habits to ensure you get value from the maintenance fees you pay. Final Thought Never pay a seller directly
The resale market is rife with fraudulent companies charging "upfront fees" to sell your unit, or fraudulent listings designed to steal buyer funds. Tips for Buying Safely Do not buy a cheap unit simply because it is cheap
A high-risk strategy that can provide luxury vacationing at a deep discount, but only for the well-informed buyer. It is not an investment, but a lifestyle purchase. Overview