Why people want to sell timeshare at ebay so cheap?
why is timeshare on ebay selling so cheap, sometimes at a $1?
Saturday, August 01st, 2009 / Joe
Category: selling timeshare
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it is the downpayment. read the whole ad.
Because they want out.
Timeshares are NEVER EVER a good investment. They are sold by high pressure sales people who are worse that used car sales people working at a "buy here – pay here lot". They lure you in with the promise of gifts such as tickets to Disney World or whatever "just for reviewing their so called package".
Well, first the fact that a timeshare, or anything else is listed at a certain price, doesn’t mean that it will actual sell at that price.
But, timeshares carry significant costs beyond the cost of purchase, and sometimes owners get in over their heads and want out of the annual maintenance. Plus, sometimes, those timeshares you see listed aren’t free and clear. In addition to maintenance costs, they may have loans which need to be paid. So, for the owner who buys a non-appreciating asset like a timeshare, getting out at any cost is a bargain. Heck, sometimes, the owner would actually pay you something to take this problem off his/her hands.
don’t listen . the first guy was right. It is just a down payment. There is property on ebay for 1 dollar.
It’s not the downpayment.
People desperately want to get out of paying the yearly maintainance and taxes on the timeshare, and are willing to lose their investment in it for $1.