I worked at a timeshare SCAM....I want to tell you about it.

Forum: Buying, Renting, and Selling Timeshares

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By cc274

Appears to be legit but ....

I was recently contacted by Travel Associates, Inc of Quincy, MA. They said they had a buyer for my timeshare with Bel Air Vacation Club. The offer looked way too good to be true. However, I checked out the company and they appeared to be legit. Except there was nothing on their minimal website that indicated they were real estate brokers. They work with a title company located in Farmington, MA, True & Clear Title. They also appear to be legit.

However, with less than 2 weeks before the purposed closing date, the title company sends an addendum stating that I must register as a foreign investor with the Mexican government. I checked out the link that was included which did take me to an official site. However the registration form did not seem to apply to a individual person just selling a timeshare.

In addition, True & Clear Title told me I had to send $5460 to some company in Mexico. This is a definite red flag. The companies look legitimate but I won't do business with them.

Avatar for cc274 cc274

5 months ago
Dec 04, 2015

By markf130

Appears to be legit but ....

I too was contacted by a Derek Richardson of Travel Associates, Inc to purchase my Playa Del Sol, Bel Air Collection Time Share for twice what I paid for it. The contract is supposedly guaranteed by the title company, True & Clear Title, Inc. I called them and they said that they currently have funds and are waiting for my contract to be signed. It does seem too good to be true, but I can't find the scam. Neither company shows BBB dings and they both have been in business for at least 8 years. Did they tell you at the beginning that you wouldn't have to pay anything to sell your time share? I'd hate to waste my lawyer's time looking at the contract if this is a scam.

Last edit by markf130 on Feb 22, 2016 12:07 PM.

Avatar for markf130 markf130

3 months ago
Feb 22, 2016

By donp196

I worked at a timeshare SCAM....I want to tell you about it.

If it sounds too good to be true then it is too good to be true. They get you hooked by offering you a totally unrealistic price for your timeshare. Once they set the hook they claim there is a " fee " that has to be paid before they can complete the sale. If you are foolish enough to send them money then the will then claim there is yet another " fee " that has come up that has to be paid. This will continue until you stop sending them money. Anyone who sends them money is then put on a " sucker list " and will be contacted later by someone who will claim they can recover the money you lost to the first scammers. Don't get involved with them and won't lose your hard earned money to the scammers.

Avatar for donp196 donp196

3 months ago
Feb 22, 2016

By mauryb3

What is the cheapest way to get out of a timeshare I don't want

Avatar for mauryb3 mauryb3

2 months ago
Mar 03, 2016

By donp196

First call your home resort and get in touch with the person that handles the ownerships and ask them to take back your timeshare through a deed back. If they agree they will walk you through the process. It is quick and inexpensive. NEVER pay anyone money upfront that claims they can get you out of your timeshare. If they won't take it back then try advertising it for sale for as low a one dollar and you can also offer to pay the closing costs as an incentive. Try contacting them first and be persistent. I got rid of two timeshares in 2011 that way . I told them that I was going to get rid of them with or without their assistance and that it was in their best interest to work with me. I made it my priority to get rid of them and they knew it was better for them to work with me.

Avatar for donp196 donp196

2 months ago
Mar 03, 2016

By angelar285

Appears to be legit but ....

Don't do this. That is an unnecessary expense. I've owned and worked in the industry for years so agree with other poster suggestion, however timeshares vary đrastically so what is simple in one scenario or resort is not true for another. Where do you own? Paid off? Current on maintenance/taxes? These all play factors

Avatar for angelar285 angelar285

2 months ago
Mar 06, 2016

By donp196

I worked at a timeshare SCAM....I want to tell you about it.

It costs you absolutely nothing to contact your home resort and ask them to take it back. NEVER pay anyone money upfront that claims they can get you out of your timeshare especially the phony attorney scam. Anyone can create a website and use a drop box for their mail. Scammers prey on people desperate to get rid of their timeshares. Don't send anyone money and you can't become a victim.

Avatar for donp196 donp196

2 months ago
Mar 06, 2016

By anneo59

I worked at a timeshare SCAM....I want to tell you about it.

Dear Scammer, Congratulations on your courage. You are starting down the path to right the wrongs whose guilt plagues you. We are all human. And some sins are even harder to right.

Avatar for anneo59 anneo59

2 months ago
Mar 07, 2016

By jimj345

I have been released from 5 weeks of timeshares. 4 were with Westgate, I called them and asked about a buyback program, they did Basically I paid one year of fees for each unit and was given a release. I has been several years and nothing from them since. They have 4 weeks and I'm done with them. We paid about $14000 each around 2000. The company at the time was Ramada, then Leisure Resorts bought them and they filed. Happily for me Westgate did step up. We used the timeshares to the max and figure we used our investment in the 15 years we had them. Do I regret buying them, yes, did I get screwed? No only in that we used them and were able to give them back. I figure it was break even at best. We did have a signed contract with another National Company. the salesman lied, the contract ( long and well prepared as far as the boilerplate is concerned) was quite strong. However it had major flaws in its preparation such as dates of signatures not matching, names incorrect etc. I took out a credit card to cover the down payment, our daughter and husband who were to be co owners signed but weren't listed nor liable, after several conversations and lengthy letters we were refunded the down payment and released from the contract. Shame on me for wanting to believe the salesman for signing anything for breathing the air in the room! But I'm out. We still own 4 weeks in Colorado and have for many years, we also use them each year in full and will until we die. That's the only way to get out.

Avatar for jimj345 jimj345

2 months ago
Mar 11, 2016

By cc274

Appears to be legit but ....

It is definitely a scam. When the same company contacted me I checked with a resort and the Mexican Consulate in Orlando, FL. They both advised me to NOT send any money. What Travel Associates and Clear Title are doing is illegal in most states and is fraud.

Avatar for cc274 cc274

2 months ago
Mar 11, 2016

By donp196

I worked at a timeshare SCAM....I want to tell you about it.

NEVER pay anyone money upfront that claims they can get you out of your timeshare.

Avatar for donp196 donp196

2 months ago
Mar 11, 2016

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