Are There Advantages To Timeshare Associations Whose Resorts Sell The Timeshare Point System?

Yes! The non-deeded or point established week offers several advantages to the association. 1. Foreclosure by the associations, developer or lender is much easier and less costly. It can decrease the associations budget by 3% to 13%. 2. The cost of a deeded foreclosure might be anywhere from $300 to $500 per week foreclosed and in some states as high at $1,500 or more. Yes! The non-deeded or point established week offers several advantages to the association. 1. Foreclosure by the associations, developer or lender is much easier and less costly. It can decrease the associations budget by 3% to 13%. 2. The cost of a deeded foreclosure might be anywhere from $300 to $500 per week foreclosed and in some states as high at $1,500 or more. 3. The high cost of foreclosure The high cost of foreclosure in some states has actually caused some associations to go out of business. 4. The hard cost of a timeshare non-deeded week (points related week) can be less than $1.00. 5. Also, if an association wants to exchange an obsolete timeshare unit for a comparable or better unit the cost and delay may prevent the exchange because of clearing the title. So, there you have it. Another example of the legal cost of titled or deeded timeshare foreclosure to a resort. But to your advantage you can purchase timeshare weeks from some great resorts for little or nothing, such as:in Missouri where we have owned one week for 14 years that was purchased on the resale market from the resort. In Minnesota consider buying deeded or points related timeshare weeks from $50 and up through several associations on the resort where Vacation Ownership For Less handles all the details from timeshare owners who wish to sell for little or nothing.
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