Original Message:
Well done... (by KC):
shanel7 wrote:I had assumed as much, since (as already stated previously) there is simply NO need, role or place for ANY "broker" in a private timeshare resale transaction between two people, particularly at the buyer end. The whole proposal just made no sense and had a bad aroma to it right from the start.It turned out to be a scam. He wanted to send me a "deposit" check for $3,900.00 and send a $1,000.00 check to his "broker".
One of the numerous benefits of enlisting (and even paying for yourself, if necessary) an independent closing company of YOUR choice is the fact that the closing company holds all transaction funds in "escrow" until everything is squared away, thereby ensuring that the funds are paid in full and legitimate (no phony checks get by, etc.). It's usually quite easy to smoke out scammers, since they want NO part of having an independent closing company involved. They know that use of the independent entity essentially "closes" (no pun intended) all of the potential scam doors and avenues.
Anyway, good job on using your head and avoiding the scam...