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Re: Holiday Property Management. Scam? (by R P.):

timd188 wrote:

I was contacted by HPM about a month ago. I was highly suspicious for all the same reasons. They said they wanted to buy my Playa Del Sol timeshare for $23,900. I thought, no way, but what will it hurt to play along as long as I make sure I don't send them any money or give them any bank info. So I received their proposal in my email and signed it and sent it back along with a copy of my Playa Del Sol contract. Heard nothing for 3-4 weeks. Then I got a call this afternoon from an escrow company called Reliance Escrow, a gentleman explained that he had set up an escrow account for me with $23,900 in it. He even gave me a tracking number for it! He said that they had done a title search on my Playa Del Sol timeshare and it showed that I owned it free and clear(which is BS, I stopped making payments when all this other stuff started happening). Anyway, I'm supposed to receive a resale contract in the mail from HPM, I'm supposed to sign it and then I will mail it back. The guy at the escrow company said that as soon as he receives that, he will call me and release the funds to me. Has anyone else gotten to this point with these con artists?

When they request that you sign the contract and send it back they will also demand a fee (they will say for closing or whatever), however since the timeshare isn't even paid for by you and they say they'll give you $23,900 for it, that should have raised a huge red flag to you. I know of no timeshare that's selling for $23,900 in this economy and timeshares that aren't paid off can't even be given away much less sold .... it's a scam, period.