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Original Message:

Resort Property Management out of Los Angeles (by Lance C.):

barbaras747 wrote:
Does anyone have any information, good or bad, regarding this company? They say that they have buyer's for timeshares in Cancun. Bsmith1941@msn.com

I'm assuming they contacted you uninvited (either via phone or e-mail). That's your first red flag!

Secondly, timeshares in Mexico are literally a dime a dozen. They are being listed on sites like this, E-bay, etc. for $1 or less. Many of them have no takers.

If they seriously have buyers for your Mexican timeshare, tell them you will sell it to them for $100 and then they can turn around and sell it to these alleged clients that they have for the thousands of dollars they say that these alleged clients are ready to pay.

They have no buyers. They're just trying to get you excited and stop you from thinking rationally. Sadly, we hear of dozens of people falling for this scam each week.

The scam artists tell you that they have a buyer for your worthless timeshare at premium prices. Then, when you're ready to close the (alleged) deal, they will tell you that they need money for some sort of bogus fee or tax. They will tell you that that money needs to be wired (another red flag) before you can have the funds from the sale released to you.

Remember, when you are selling anything, the seller should not have to pay any fee in the transaction. If they insist that the money must be paid, tell them they can take double that out of the proceeds from the sale.

Anyway, you took the first step to avoid the scam by asking on boards like this before blindly handing over your hard-earned money.