buying a timeshare from owner with a mortgage

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buying a timeshare from owner with a mortgage

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Grand Pacific Palisades
in Carlsbad, California
Week: Float
Beds: 1
Usage: Every Year
For Sale: $6,000 Neg

Villas of Ocean Pines
in Berlin, Maryland
Week: 19
Beds: 3
Usage: Every Year
For Sale: $3,500 Neg

WorldMark Orlando Kingstown Reef
in Orlando, Florida
Week: Float
Beds: 2
Usage: Every Year
For Sale: $8,000 Neg
For Rent: $1,300 Neg

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March 18th, 2009, 03:53 AM

freaklehead58 freaklehead58 is offline

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Join Date: Mar 2009

Posts: 1

buying a timeshare from owner with a mortgage

How can I find out how much is owed on seller's mortgage, his fees, liens, etc. before closing & sending the title co the money. Also can the seller sell it to me less than the amount he owes on it...how can this be? Does his loan have to be satified first or does the title co handle the payoff to the timeshare directly...Please explain

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