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Learn How To Buy The Best Condo
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12/22/2021
Learn How To Buy The Best Condo

Rule number one - Don't buy from a developer unless it is a genuine closeout. The first timeshare I bought was from a developer that had sold out his resort and had a few weeks remaining that he wished to "blow out" so he could start a new project elsewhere. I paid $1900 for a week that in the previous year was being sold for $16,000 by the same developer!

Don't be fooled by sales tactics on North Gaia Showflat timeshare tours where they start out very high on the price and then magically find ways to keep lowering the price until you feel that it's a deal you can't refuse. Up to 60% of the cost of a timeshare is marketing costs. It is not uncommon for a developer to hire a marketing company that takes 50% of the sale proceeds. Sadly, in spite of promises made by salespeople, most timeshares resell for 20-50% of their original purchase price.

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