Re: www.timeshareclosingservices.com

There are several timeshares for sale with starting bids of less than $100. and No reserve! It seems too good to be true. One today is Item number: 270090569190. The seller has 100% positive feedback.

It says "its is a Annual Deeded Property (Does Not Expire) Four bedroom, Four Bathroom LOCKOFF, Unit 0051 (sleeps 12 people), FIXED WEEK 1 (January 5 - 12, 2008 - Sat/Sat Check-in/out) at Sunterra Resorts Greensprings Plantation, an RCI GOLD CROWN and II Resort, located in historic Williamsburg, VA. All fees are current with mortgage paid in full, you will receive clear title guaranteed! Usage is ANNUAL. Your usage starts next year 2008, therefore you will be responsible for fees beginning January 2008. Maintenance fees are billed annually in the amount of $813. Closing and escrow to be handled with Timeshare Closing Services, Inc., a licensed, bonded, and fully insured Escrow & Title company of Orlando, FL. Funds will be held in escrow until title has been transferred, offering you the buyer 100% protection of title and your funds. Full payment is due within five business days of auction's end unless an exception is made with me. We GUARANTEE clear and marketable title to every property we sell. We go to great lengths to provide accurate descriptions of every property we offer for sale. In addition, prior to sale, each of our properties is reviewed by a licensed title company to ensure we are transferring clear and marketable title to that property. As a result, we GUARANTEE that we will deliver to you clear and marketable title to the property you purchased. If for any reason you are not 100% completely satisfied with your purchase due to a representation error or encumbrance on the title, you may return the real property in exchange for a full purchase price refund. Closing costs are $399, which include Escrow, Deed preparation, recording fees, and resort notification of transfer of ownership. The resort also charges a $50 transfer fee.

Total monies due = Final Bid Price + $399 (Closing Costs) + $50 (transfer fee)

Is this a good deal or a too-good-to-be-true deal? Joan

Sounds like a good deal to me if you don't mind a yearly maintenance fee of $813 and you would like to go to Williamsburg the first week in January :o).

Timeshare Closing Services is a legitimate closing company that's been around for many years. I believe they do all the closings for www.donateforacause.org/ so this week could have been donated to a charity via donate for a cause.

As far as the $1 - $100 timeshares on Ebay, there's another thread that discusses this issue.