Buying, Renting, and Selling Timeshares

LMP Property Management INC.

May 26, 2010

What does any one know about LMP Property Management, INC. 1608 S. Ashland Ave. Suite 66834 Chicago, IL 60608 I a received a call from a person who wanted to purchase our timeshare. I told her all about the timeshare and we seatled on a price. I then ask what is the next step? She explaned I was to call the above company and they would handle the rest. I contacted them and they sent me a contract with the purchesers name address, purchase agrement, Terms and conditions, also requireing a security deposit (refunded at closing ) $1,997.00. This is the part that bother me. Has any one had dealing with this company? Gordon Ruble


Gordon R.
May 27, 2010

gordonr38 wrote:
What does any one know about LMP Property Management, INC. 1608 S. Ashland Ave. Suite 66834 Chicago, IL 60608 I a received a call from a person who wanted to purchase our timeshare. I told her all about the timeshare and we seatled on a price. I then ask what is the next step? She explaned I was to call the above company and they would handle the rest. I contacted them and they sent me a contract with the purchesers name address, purchase agrement, Terms and conditions, also requireing a security deposit (refunded at closing ) $1,997.00. This is the part that bother me. Has any one had dealing with this company? Gordon Ruble

This exact same question about this exact same company has been asked and answered already within the past 24 hours in the Timeshare Companies forum here on RedWeek. Take a look there for input which includes a specific, safer alternative approach for you.

It's a guaranteed scam --- there is NO possible legitimate instance of any owner / seller EVER having to provide a "security deposit" at ANY time in ANY amount. If you send these parasites your money, you will NEVER see it again (nor will you ever see any "closing" or the the rest of the alleged purchase price, since the mythical "buyer" will suddenly either just disappear or cancel for some invented phony reason).

The short answer is DON'T DO IT! If you CHOOSE to willingly part with your hard earned money in this manner, remember that you will not be a "victim", but just another unwise, insufficiently cautious volunteer.

So, DON'T VOLUNTEER!


KC

Last edited by ken1193 on May 27, 2010 04:01 AM

Jun 01, 2010

Think twice, wake up it is a scam........


Think T.
Jun 02, 2010

Check out the other message I started with basically the same question. The experience is that this is a scam.


Stephen A.
Sep 28, 2010

Same thing happened to me, and I thought I was on top of things, WRONG, It seems the $1,000.0 I wired is gone forever, and Charlotte was also the lady who I talked to and after it was to late and I had wired money, she started to become busy and would not talk with me, and then phone was disconnected. I would jump in my car and go after these people if I knew where they were, because it seems we are not going to get ANY help from consumer protection division.


Joe G.
Sep 29, 2010

joeg236 wrote:
Same thing happened to me, and I thought I was on top of things, WRONG, It seems the $1,000.0 I wired is gone forever, and Charlotte was also the lady who I talked to and after it was to late and I had wired money, she started to become busy and would not talk with me, and then phone was disconnected. I would jump in my car and go after these people if I knew where they were, because it seems we are not going to get ANY help from consumer protection division.

Have you filed a complaint with the Attorney General in the state the scammers are located? That's the first step.


R P.

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