After being cold called from so many different firms over the years.. countless times trying to sucker me in for numerous different reasons, I have decided to do the public a service and make my own blog. I will dissect all these companies 1 by 1 in the event to eventually let the world know who are scammers and who are legitimate companies actually here to help us…

Posts tagged ‘Disposal’

Don’t Waste Time with Midwest Timeshares

Milwaukee, Wis., April 30, 2012, – The Wisconsin Better Business Bureau (BBB) is warning consumers about Midwest Timeshares, a Green Bay-based timeshare reseller who has racked up 70 complaints from consumers in 33 states and Canada.

The company, which has also done business as National Timeshare Resale (“NTR”) and Integrated Advertising Solutions, has an “F” rating with the BBB, the lowest grade possible. Complainants tell the BBB that the company charged them upfront fees, claiming they had a waiting buyer, but the buyer never materialized and promised refunds were never received.

Patricia Z. of Delaware states, “We were contacted by Midwest Timeshares and had to give them money for them to do a title search, in the amount of $499. They wanted more but we didn’t have any more to give them. We were called back and told that they had a buyer for the timeshare and it would take 30 days to complete the sale.”

Patricia never heard back from the company and it did not respond to the BBB.

Clara P. of Indiana says Midwest Timeshares promised to sell her timeshare in twelve months. When it didn’t, it promised to refund her $699. She never received the refund and said, “I hope that my information can help you in some way to stop these criminals.”

The Wisconsin BBB has sent several requests to the company asking it to verify its techniques in finding buyers for timeshares and to provide name and contact information for customers whose timeshares were sold. However, Midwest Timeshares has not responded to the BBB’s requests.

“If you want to sell your timeshare, contact a real estate agent”, says Ran Hoth, CEO/president of the Better Business Bureau of Wisconsin. “Do not pay money to a stranger that you have only spoken with over the phone, that you have never seen nor met.”

Hoth says, “I understand that our economy has been struggling, and some timeshare owners may be desperate to rid themselves of their investment and make some money. Unfortunately, scammers are capitalizing on this desperation. And by the time they realize that they were scammed, it may be too late to get a refund through their credit card company.”

If you are interested in selling your timeshare, the BBB offers the following tips:
Be wary of too-good-to-be-true resale claims. The company’s salespeople may claim that the market in the area where our property is located is “hot” or that they have already received a buyer request. Be skeptical of these claims.

Be careful if you’re asked to pay a large fee upfront. Smaller fees for appraisals, etc. are customary for a real estate transaction. However, if you’re asked to pay hundreds or thousands of dollars up front, this should be seen as a red flag.

Check with the Better Business Bureau to see what type of a report it has on the firm. Also check to see if any complaints have been processed and, if so, how did the company respond?

Request a written contract and read it. What cancellation rights do you have? If you were promised the company would sell your timeshare, but the contract doesn’t state that, don’t sign it.

Check with your state to see if the salespeople are licensed to sell timeshares or if they are licensed real estate brokers and whether there are any complaints on file against them.

You may want to try to sell your timeshare “by owner” by placing an ad in a newspaper or magazine. Or, list your timeshare with a licensed real estate broker.

For more information or further inquiries, please contact: yourtimeshare@hush.com

or like us on Facebook.

http://www.facebook.com/yourtimeshare

Trip Traps at Sales Presentations

BBB complaints reveal that consumers aren’t always satisfied with the authenticity and usability of these incentives. Some complainants say giveaways are misrepresented during unwanted presentation solicitations. While other complainants allege issues redeeming travel vouchers due to restrictions, terms and conditions.

Though the company has been responsive to complaints, BBB detected a pattern of similar allegations on Vacation Internationale, or VI Resorts, of Bellevue and Vancouver, Washington. Within the last 36 months, the company accrued 55 complaints. Based on 16 factors, the company has a “C-” rating.

BBB serving Alaska, Oregon and Western Washington offers free advice:

· Be cautious of free travel offers by phone or mail. There’s usually a catch.

· Avoid misleading “free” offers. Read the fine print and be aware of asterisks.

· Don’t go just for a freebie. Avoid attending presentations if there is no interest in the advertised product, service or membership.

· Look out for freewheelers. Is it a traveling seminar based out-of-state? Research businesses on the Internet, consider their complaint volume and see how they respond to complaints; visit bbb.org for free BBB Business Reviews.

· Don’t waste free time. Some seminars are marketed to last a short period of time—an hour—but end up lasting two, three or four hours.

· Free yourself from the hard sell. Sales representatives may use aggressive or high-pressure tactics to convince consumers to buy products or services they don’t need or want. If bullied, walk away.

· Make decisions on free will. If it’s an enticing offer, take time to think it over. Any company that forces an immediate decision may not be worth doing business with. Review contracts and purchase agreements carefully.

· Freely report problems. Contact: yourtimeshare@hush.com

Timeshare Owners: Beware of “City Resorts”

Timeshare Owners Warning

CITY RESORTS OF NV Not Responsive to BBB Complaints

Nationwide, BBBs processed 2,804 complaints on timeshare resale services in 2010

September 15, 2011 – The Better Business Bureau is warning timeshare owners who are trying to sell or rent their timeshares to beware of Las Vegas based company, City Resorts.

City Resorts has been the subject of 23 complaints from around the country since March 2011 and holds an F rating with the BBB for failing to respond to complaints.

Complainants allege that City Resorts contacts consumers stating they’ve found a buyer for their timeshare. Complainants are then told to send a cashier’s check between $2,000-$6,000 for closing costs or processing fees. Complainants report that no buyers or renters emerged, and customers were unable to get responses to calls or their money back.

“After City Resorts got my money, I never heard from them again,” bemoaned a consumer from Massachusetts who lost $2,000. “They completely fooled me into believing I had a buyer for my timeshare.”

BBB representatives confirm that the phone number, website, and email have been disconnected and the current address is a mail-drop. Nationwide, BBBs processed 2,804 complaints on timeshare resale services in 2010.

Best advice? States Katie Robison of Vegas BBB, “Timeshare owners who want to sell or rent their timeshare should be wary of timeshare resale services that pressure customers to pay thousands of dollars up front, claiming that buyers are at hand. Too often, the services don’t deliver and customers can’t get refunds.”

BBB offers the following advice to timeshare owners who are looking for help in selling their timeshare:

· Check out the business – You can check out a business at http://www.bbb.org/ BBB Business Reviews include basic information, complaint overview, and BBB ratings from A+ to F, along with the reasons for the rating.

· Confirm location and licensing –Confirm where the company is located and in what states it does business. Ask if the company’s salespeople are licensed to sell real estate where your timeshare is located and verify this with the state licensing board.

· Get the facts on the figures – Find out if the business charges a commission. Do they handle the entire closing and provide escrow services? Do they charge an up-front listing or advertising fee? What does it cover and is it refundable?

· Be wary of upfront fees –Consider opting for a company that offers to sell for a fee only after the timeshare is sold.

· Don’t fall for the hard sell or an offer that sounds too good to be true – Don’t agree to anything over the phone but instead ask the salesperson to send you written materials; take the time to think it over and don’t be pressured.

For more consumer tips or to check out a business or file a complaint with BBB, start at http://www.bbb.org

BBB REVIEWS ON CITY RESORTS

Vegas Review:
http://www.bbb.org/southern-nevada/business-reviews/timeshare-resale-and-rental-marketing/city-resorts-in-las-vegas-nv-90005747

Orlando Review:
http://www.bbb.org/central-florida/business-reviews/timeshare-resale-and-rental-marketing/red-solutions-in-orlando-fl-205146772

For any more info please contact us: yourtimeshare@hush.com

In the News: BBB Dallas Warns Timeshare Resale Scams Are On the Rise

Both the Better Business Bureau and the FBI say timeshare resale fraud is on the rise, reported Jay Gormley on CBS11-TV, Dallas – Fort Worth. Timeshare owners are paying thousands of dollars up front to timeshare resale services, but their timeshares aren’t sold and customers have difficulty getting refunds.

From 2009 through 2011, the BBB received 274 complaints from North Texans and 9,251 complaints, nationwide.

“The scam works because the victims assume that paying money up front is normal to cover legitimate listing and appraisal fees,” notes Jay Gormley. “They soon find out, however, there’s nothing legitimate about it.”

The BBB says timeshare owners should treat their properties like they were selling their own homes and that any outside realtors, brokers or companies should not receive payment until the property actually sells.

See this video or to read the story go to http://dfw.cbslocal.com/2012/02/22/dallas-bbb-warns-timeshare-scams-are-on-the-rise/#comments

To check out timeshare resale services and other types of business, find BBB Accredited Businesses, see tips and alerts, report false advertising, or file customer complaints, start at http://www.bbb.org.

Timeshare Pitfalls Continue to Trap Consumers

Reports that new tactics are catching new victims!

AUSTIN, Texas – Mar. 7, 2012 – It is a common scenario. Someone receives a mailer or email offering a free trip or other fantastic prize and all he or she has to do is sit through a half-day seminar. Once the victim is there, the company turns on the high-pressure tactics in an attempt to sell a timeshare.

Often, the offer is legitimate, if unwanted. Other times, the offer is a scam meant to bilk honest people of thousands of dollars. Such scams have prevailed for decades, and most savvy consumers are wise to them.

So, the con artists have changed their game, prompting new warnings from the Federal Bureau of Investigations, and enforcement efforts from the Federal Trade Commission.

Better Business Bureau received more than 2,600 complaints nationally about timeshare resell companies last year, and almost 200 more in January 2012. Some complain about available dates or other management issues, but many allege that companies collected money for fees or other charges and then disappeared.

Corpus Christi resident Thurman Huddleston complained to BBB after wiring more than $10,000 to a Dallas company promising to sell him a timeshare in Mexico.

“The people were good,” he said. “I really beat myself up, because I should have known better. It just sounded like a viable thing.”

Huddleston said when he first got the call, he researched the company online and did not find any red flags. When the company asked him for a payment to cover the closing costs, he did not hesitate. He wired the money, leaving no trace for law enforcement to follow later.

Then they came back and asked for more money to cover the annual property taxes.

“So that sounded a little fishy, but I figured they probably won’t (let me buy a unit without paying taxes),” he said. “That should have been the last red flag, but once you’ve got that much money in it, it’s hard to walk away.”

Soon after, the company he was dealing with became impossible to contact. Huddleston suspects the timeshare never existed to begin with.

Now that people are more aware of scams like the one Huddleston fell for, scammers have started targeting victims that might not be as diligent: current timeshare owners.

The FTC cracked down on telemarketers claiming to have buyers lined up, then disappearing with the thousands of dollars owners paid to cover fake closing costs or as a deposit that would be later refunded.

The FBI reported a similar scam, with a con artist contacting the victim by phone or email and promising to sell the victim’s timeshare in a short time, often between 60 and 90 days. The scammers asked for hundreds to thousands of dollars to cover anything from closing costs to listing fees.

Sometimes, according to the FBI’s warning, the victims are then contacted a second time — this time by someone claiming to be from a recovery company. The scammer, who may be connected with the original resale company, tells the victim that he can recover the lost money for a fee.

Once again, the scammers disappear after the victim pays.

Huddleston said that though he lost thousands to the con artists who contacted him, and he feels like a dupe for falling for the scam, he is just happy to have learned his lesson.

“I didn’t get too angry over it. I hated to lose the money, but I learned a lot,” he said. “The next time somebody calls, I’ve graduated from that class.”

When buying or selling a timeshare, Yourtimeshare offers the following tips:

· Beware of upfront fees. Though there may be closing costs or other fees associated with purchasing a timeshare, be wary of any company that pressures you to pay any such fees upfront or before reviewing any contracts.

· Read the fine print. Especially when selling a timeshare, make sure to read the contract carefully. Find out if the company is actually selling your timeshare or simply charging you to advertise the listing.

· Start with trust. Visit http://www.yourtimeshare.net to check out the Business Review for a company before paying any money.

· Never wire cash. Credit cards offer a certain amount of fraud protection that you cannot get if you use a wire service. Walk away from any deal that requires you to pay cash or wire money, especially to locations in other countries.

· Get it in writing. Ask the salesman for all information in writing, including all fees, timing and ways the seller plans to advertise the unit.

· Check the license. Ask for licensing information for the seller’s agents, and check that information with the Real Estate Commission. Only deal with licensed brokers and ask for references.

· If it sounds too good to be true, it is. Be wary of any seller who promises a big selling price or quick turnaround. High-pressure tactics are always a red flag.

· Know where to turn. Before selling your timeshare, read the FTC’s advice on selling a timeshare and report any scams to yourtimeshare@hush.com

To check the reliability of a company and find trustworthy businesses, visit yourtimeshare.net

About Yourtimeshare:

Yourtimeshare’s mission is to be the leader in advancing marketplace trust. Yourtimeshare accomplishes this mission by creating a community of trustworthy businesses, setting standards for marketplace trust, encouraging and supporting best practices, celebrating marketplace role models and denouncing substandard marketplace behavior.

Businesses that earn Yourtimeshare Accreditation contractually agree and adhere to the organization’s high standards of ethical business behavior. Yourtimeshare is the preeminent resource to turn to for objective, unbiased information on businesses and charities.

For more info please don´t hesitate to contact us: yourtimeshare@hush.com

Holiday Discount Warehouse, here to resell your timeshare to the Russians!

A new name, a new cold caller, Holiday Discount Warehouse is a timeshare resale company that has started their campaign over the past week.

Their website registered at the end of February 2012 http://www.holidaydiscountwarehouse.com gives the impression this is a “travel agent” with all kinds of travel related services. But when accessing the Offers page for example, the links don’t work at all. The only link that works on this page is the “contact us” button.

This website clearly lacks all company information as stipulated by law and not even provides an address or location of this company.

The contact is a telephone number 0871 971 1154 or through the contact form.

Even more confusing is the fact that they cold call timeshare owners with a story about the booming Russian Timeshare Market and Holiday Discount Warehouse can sell the membership for the owner in no time.

The only thing the timeshare owner needs to do is transferring £800 to a Spanish bank account.

This doesn’t sound very good, does it? Cold call, dubious website, no company information or location and an upfront fee by bank transfer…

Have you been called by Holiday Discount Warehouse to sell your timeshare on the Russian Market?

Please let us know: yourtimeshare@hush.com

BM Services, here to dispose or your timeshare

Different name for a very same set up…the cold call for an invite to a meeting where the timeshare owner will meet up with a corporate buyer for his timeshare.

Yes one of those, BM Services cold calls the timeshare consumer and then sends off the emails reconfirming what was explained on the phone.

BM Services has a website http://www.bmservices.co.uk which was created in March 2012, so a good 2 weeks old at the moment of this publication.

There are no company identifications on the website, no address, no indication where they are located and who they really are.

Telephone number 0203 582 0453 and email address info@bmservices.co.uk is as far as one will get on contact details.

The email confirmation reads as follows:

“As stated in our telephone call, we are a marketing company working on behalf of a client that specializes in the sale of overseas investment properties. However, they have also been very successful in assisting people in the disposal of unwanted timeshare or points.

At your appointment you will be introduced to two ways of disposing of your unwanted timeshare.

· The first will be a straight forward disposal service; they will explain how this works the timelines and the benefits you gain.

· They will also introduce you to an investment opportunity that will allow you to dispose of your timeshare, receive an immediate above market return and generate a long term income.

As also explained in our telephone conversation they are so confident that their solutions will meet your needs, that if they don’t, they will pay your expenses (up to £100) for your travel and time on the day. All you have to do is listen and decide if either option is for you, if not, just claim your expenses.”

Well, if it was only that easy! Unfortunately this kind of email we have seen already so many times before, and all we got back from the consumers that actually went to these meetings was one same opinion: A complete waste of time!

The meeting is normally about an investment project somewhere far away, and for those not willing or not able to invest any money; well there is no such thing as a corporate buyer for their timeshare, and a lot of times there is not even such a thing as travel expenses paid!

So please before you take up this offer, do consider if you are willing to take the risk of wasting a lot of time.

Have you been called by BM Services from 02035820453 ? Please let us know!

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