Original Message:
Meritage Management and Silver Star Real Estate Group > New company wanting to buy your time share (by Wendy B.):
The saying "if it sounds too good to be true, it probably is!" so sellers need to do their homework.
Both my husband and I become cautious when about 2 years after we bought into Playa del Sol for $9,000 we have been offered over $22,000 for it. As we were starting to fill out the required legal paperwork we thought, where will the money be going once we sign these forms?
My husband happens to be in the real estate field and began checking out both companies that had contacted us and had been soliciting us. We were contacted from both Meritage Management and getting calls from Silver Star Real Estate Group, the escrow company that the money flows through. We found out that neither company is licensed to conduct real estate transactions. We contacted the bank that they mentioned the money would go through, and the bank said” that doesn’t sound like one of our accounts”. Playa del Sol, mentioned that no one should be contacting their members, so beware!