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Old 05-03-2013, 01:28 PM   #1
DVC Owner Since 2012!
rusafee1183's Avatar
Join Date: Mar 2008
Location: Pittsburgh, PA
Posts: 3,108

How much $$$ to have in hand before making an offer resale?

Has anyone done resale and financed their purchase? I am unsure how much money I need to have in hand before making an offer. I know we need to make a deposit of $500-$1000 depeding on the cost of the purchase.... but I am not sure how much everything else costs, like closing etc etc.

I found the perfect contract, and we don't have enough to buy it outright yet. I just want to make sure I am prepared for everything and don't get caught off guard.

Heather & Bob
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Old 05-03-2013, 01:33 PM   #2
Join Date: Jun 2012
Location: UK
Posts: 286

We have never financed but whenever I have asked for details about a resale contract I have been given full details including the breakdown of Maintenance Fees Due and Closing costs. I believe there is one agent who also charges a transaction fee as well. Just make the enquiry about your contract and they should send you all the figures so you know what you are working to.
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Old 05-03-2013, 01:39 PM   #3
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We had to do 10% with one company & 20% with another for deposit (no financing). I would contact the broker directly.
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