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Original Message:
Fairmont Rancho Banderas Time Share Fraud (by Demian A.):
If anyone can figure out a way to bring a legal case against Rancho Bandera et al. please let me know!
At the time that I bought my timeshare in 1998 (paid in full), my maintenance was $460 a year -- two years ago it was over $1600 a year. I have since decided not to pay any more fees (primarily because I had not been able to book at the resort since 2008). At that time, I was placed so far in the back that I left and checked into a hotel in downtown PV at considerable additional expense.
Then out of the blue several days ago, I started getting calls from a company saying that I would be paid $29K for my timeshare of 960 points provided I acted within 10 days.
I decided to check out the company "Holiday Property Management" (www.holidaypropertyintl.com) out of Dayton, OH and noticed the site was under Vacation International Inc. which, to my surprise, led back to Fairmont!
It looks like some type of resale scheme (or possibly worse) is afoot. I would appreciate any information anyone may have about this latest development.
Also, I wonder if anyone has contacted PROFECO concerning this resort?
Demian