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Re: Buying from internet auctions (by Kenneth K.):
As soon as a PCC puts a good unit ( and I agree with jayjay, some are good, many are non- converted (to points) Wyndham / Fairfield weeks, or places still closed by storm damage ( Wyndham Santa Barbara in SE Fl) the T/S renters scoop them up.
But also, the maintance fees might be too high, and add pending assessments.
You can find something, but the pros will usually bid up higher than a dollar.
I can tell you a place that was a SC, also a SSL (Superior Small Lodging) that is oftem $1.00 a week. and that is Daily Management Companies Silver Seas....adjacent to the St Regis and Marriott Beach Place.
High spring red time one dollar. Across A1A from the sand....but maintance fees for a one bed one bath sleep 6 is approx $700 a week.
Another group of Daily resorts in Weston Florida ( two with Gold Crown and one with GC & 5 Star are also listed....but they also have tremendous maint fees....and are always listed as rentals for $329.00 a week on RCIs government and affinity sites. ( That $329 is still a lot less than the maint fees)
( The Silver Seas is rarely on the $329 a week lists.)
Also, most units offered for $1.00 in Hollywood, Delray, Deerfield Beach and Palm Beach County are possibility good buys.
Stay away from the Hollywood Beach Resort (Ramada). It needs so much work.....and is so old....1920's that if they want to fix it up...the assessments now would be astronomical. ( I saw some rooms I might consider a health hazard)....
So, Ken is also right..... need to do your homework....