Will I get a "hard sell" of SSR thru Disney?

[cobbler]

The "sold-out" resorts are going for 92 a point. SSR is going for 98 but there is an 8 point discount making it 90 point.

There will be a price increse for those wanting to buy in at the end of March.

 

[Beca]

Juliet25....yea!!! Congrats!!!

Beca

 

[CarolA]

The resellers do offer financing. Not at good rates and as an unsecured loan. So you can't deduct your mortgage interest with thier fianancing. (At least that was true a few years ago)

 

[Dean]

I would check with the Timeshare Store and other Resellers. Some may offer financing...

I was told (and I may be mistaken here) that because a TS is a luxury item, they (the resell place) can't take comission on them. So most make their money through advertising fees, Closing costs and some through financing. It is worth checking out.

I think TAMMAC is the only option for resale financing specifically for timeshares but at signature rates at or higher than DVC. Resale companies do make a commission if that is your question, it's quite a chunk usually a min of around $1000-1200 or 10-12% whichever is larger. I would think that kickbacks from a closing company or finance company would not be legal. I'm sure the reason for little finance options other than the developer is that there isn't enough protection for the finance company to be assured of making money without guarantees from the seller. Financiers don't want to foreclose, they want their payments. That's true even for a home with a large equity, that's not what they do so they aren't comfortable with it if they can avoid that approach. But if push comes to shove, they essentially want guarantees they can get out at break even or better, something that timeshare doesn't give them even at 50% down.