upfront fee company transfer contract cancellation?

Rocky G. · 2010-03-10T01:19:27-0800

My elderly parents in California have a signed contract (including credit card info on it) with Safe Hands Transfers of Middletown, DE (http://www.safehandtransfers.com) and received forms from "Preferred Transfers" of Tumwater, WA (http://www.preferredtransfers.com) to fill out and send back within 5 days granting real property to POY Developers, a Delaware LLC of Sacramento, CA and power of attorney. I found this out over a week later, discovered redweek.com and other sites, and learned a bit about timeshares, like how you can sell them yourself, go with a reputable title/escrow/transfer company, deedback, auction or donate them. Thanks so much to all of you who have kept this and other websites and information available to the public! Unfortunately, I'm afraid it's too late for my parents. Supposedly, the contract charges them $250 initially and $2,000 total. Some of the wording shows signs of trying to cover for the company's(ies') guilt ahead of time, like how it states the owners were able to get professional consulting (which they did not except plenty of high pressure sales tactics!), are open to hundreds if not thousands of dollars more in charges if there is a problem preventing transfer (which the owners are held responsible to fix), and that the transfer can take an indefinite amount of time (though it claims 120 days usually, potentially FOREVER!). Honestly this must be an unenforceable contract just for show and intimidation! Am I right? I recall someone telling a company to fix the wording on a power of attorney statement and they refused so he refused to go through with the transaction. Are my parents obligated to continue filling out, notarizing and sending back the, "GRANT DEED" and "Limited Power of Attorney"? Can they get out of this contract? Isn't there a buyer's remorse law? I've read how this is illegal in Florida, isn't there any protection in California? Is there some justice for the elderly that get preyed on by these VULTURES!?

Lance C. Jan 19, 2011

larryr134 wrote:
I also fell for this scam I just filed a complaint with the nattorny generals office. Have you heard anything from them yet?

They take a while to respond. It appears there's a backlog of cases with the FL A-G. You have to be patient.

Check out myfloridalegal.com for updates about what the FL A-G is doing.

Jennifer S. Feb 14, 2011

@ Jamesm1169 I am sorry you fell on thier well orchestrated scam. I almost feel for myself I've search and search up and down this company but I did not see anything and gave myself some time and thought of why I should give this amount to this company? I do not even know about them? (Total Strangers) and they did haven't done anything first. I went and call the Attorney Gen. Office and that's were I found out about them the they are illegally collecting fees upfront before the timeshare closes and will leave you hanging and they are even not licensed to sell timeshares only a marketing company only licensed brokers. I hope for the best outcome.

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