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I have been dealing with Resort Investment Trust. They were pretty insistant on buying my timeshare, based on having the appraisal done. They were not willing to come to a compramise as far as covering the cost. They would not allow the appraisal to be billed directly to them. They insisted (even said they had a check waiting to be mailed) that they would reimburse at closing. So, what if they decide to offer substantially less than I am asking? If I say no, then I am out the appraisal fee. Yes, and I'm out the difference - right... Seems like a lose/lose situation to me. I requested additional (more legal) documentation about their offer (other than their fax), and haven't heard from them since. I, also, have my timeshare listed on the net. I talked to my rep there, and he warned that nearly all of their clients have been contacted by RIT. The resort that I belong to warned me (and others) to steer clear of companies requesting appraisals on timeshares.
Indy - indy_alt@hotmail.com
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