timeshare broker services

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Original Message:

Re: TIMESHARE BROKER SERVICES OF FLORIDA (by Vicki L.):

We were looking on the internet and a broker from Timeshare Broker Services of Florida contacted us about a property in Branson. The contract is 5 pages long it states the Property Description, Purchase Price, Escrow Deposit and several other things. It has a Rescission Period of 10 days. The Escrow Deposit is half of the cost of the property and is to be sent with the contract. Closing will be in 45 to 90 days and the other amount is due at that time.

jayjay wrote:
vickil125 wrote:
My husband and I are about to purchase a Time Share property ( Stormy Point Resort ) in Branson. TimeShare Broker Services of Florida ask for a large escrow deposit when we send in our contract papers. I am a Senior Citizen so I do not want to be scammed. Is this customary to pay half of the property value up front. We will not close for 45 to 90 days.

I assume that you're buying this timeshare on the resale market. If so, who chose Timeshare Broker Services of Florida for closing? What does the contract state the procedure would be?

I haven't heard of the above closing company but JRA Services is a very reputable timeshare closing company in the industry ....

BTW, after researching TBS there are many negative reviews. I would look for an ad for that resort where you could choose the closing company.