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Fairmont Rancho Banderas Time Share Fraud (by Wendy C.):

Yes we tried to sell through paying $399 fee to Timeshare Resale companies. Two different ones. listed with the Real Estate firm that doesn't make you pay upfront. We also posted on RedWeek, and similar time share sites and ads in the newspapers and craiglist, on the Forum for Rancho. We tried to sell for two years and before our second year dues were up, we just didn't want to be sued by rancho and they were relentless. We hoped to get something, we tried to sell for just $1,000 for all those platinum points. NOTHING... we got nothing.

wendyc62 wrote:

We paid $50K and tried to sell our Platinum time, to no avail. We never received the cash back and we did everything including paying off the resort and pre paying often. Very sad. We loved Rancho, but the owners were not ever playing fair. To book I paid two years in advance, and continually asked for a certain unit with the whirlpool. We NEVER got it. We were one of the first owners at Rancho, and the owners always used all the premium units. We suffered the loss of our business, and tried to pay minimally for a bit on our dues, and it was not acceptable. I felt so wronged because they needed our help when they asked us to pay in full for our units, and in advance for our maintenance fees and we did. But their increases were criminal, none of our other units in Provodenciales, Turks and Caicos, Nassau, Bahammas or St. Thomas ever raised so dues so much. Very sad.

annetter48 wrote:

Did you try to sell? That is what I am trying to do and want to know what you ran into......Annette