What due diligence can I do to protect myself in the purchase of a timeshare resale from a seller at ebay?
I am considering purchasing/bidding on a timeshare resale at e-bay and the seller has indicated that I should do my due diligence. What should I check out and from whom should I obtain this information?
Public Comments
- Real estate due diligence usually involve the verificaiton of claims. You want to know the buidling actually exists. You want know that he owns the building. These information can be obtained from the local courthouse. But you are dealing with timeshare, which is murkier. A reputable seller would therefore should offer you more information, such as the evidence of legitimate contract. Telling you to do your own diligence when it is nearly impossible to do so would be an indication that you might want to think it over.
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