March 10, 2010

Buying Marriott Resale

Q: Dear bryanwaton,

Hi, I have the following questions:
Q1) What are the disadvantages of owning a re-sale vs an outright purchase from the Marriott?
Q2) Is the lease duration short?
Q3) Can the new owner still trade the week at other resorts?
Q4) Will the owner get full access to Interval?
Q5) Why is this so much cheaper than the Marriott price?
Q6) Why does the owner want to sell?

A:
Glad to answer your questions.

Q1) What are the disadvantages of owning a re-sale vs an outright purchase from the Marriott? We have been selling Marriott for almost ten years, and from the experience of our customers, the only difference is price. If we learn of anything from a developer re transfer of ownership, we would make that information available to customers.

Q2) Is the lease duration short? The Escape Clause is dated for 2060, and more than likely will be extended.

Q3) Can the new owner still trade the week at other resorts? Yes, this is a part of their resort collection.

Q4) Will the owner get full access to Interval? Interval is an option for all owners, but yes of course, should you choose to have that membership, this ownership gives you full access.

Q5) Why is this so much cheaper than the Marriott price? We price according to average market prices between eBay, Redweek and other timeshare resale spaces. This is also a biennial ownership, and that factors into demand and price.

Q6) Why does the owner want to sell? We don't generally ask details, but it looks like this was a lifestyle change.

Please feel free to give me a call. Happy to further help.

Timeshare Marriott's Legends Edge at Bay Point Florida

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