In trying to find a place to sell my timeshare, I came across givebacktimeshare.com - Everywhere on their website says free, but then I get the email below.... Lucky I didnt fall victim!
From: firstname.lastname@example.org [mailto:email@example.com]
Sent: Monday, December 01, 2008 8:02 AM
To: Lisa L
Subject: Monarch Grand Vacations and Pueblo Bonito Rose
Good morning Lisa,
I hope you had a wonderful Thanksgiving. I have good news regarding your Monarch Grand Vacations and Pueblo Bonito Rose timeshares. We are currently accepting your timeshares in our inventory. Here is how we can assist you with their timeshares. We will transfer the timeshares out of your names and into our name.
To do so, we use Timeshare Closing Services, Inc. for the transfer of the title and Escrow services. They are a licensed, bonded, and insured title company who has transferred over 60,000 properties. The title transfer process will take approximately 90-120 days. Here is a link to their site: www.TimeshareClosingServices.com.
Services handled by the title agency are as follows:
- Estoppel Verification with the Resort (Confirms ownership and verifies all fees are current)
- Preparation of all documents to transfer ownership out of your name and into our name
- Prepaid Delivery of documents
- County Deed Recording fees (if applicable)
- Delivery of Documents to the resort for acknowledgement of transfer
- A Copy of all Documents delivered to you for your records
- Escrow Services until Resort acknowledgement of transfer
Keep in mind, we are not a listing company and do not charge an upfront fee. Listing companies are at most times a scam where they promise to sell your timeshare at an unrealistic price and charge you an upfront fee to do so. After you pay the listing company the upfront fee, they take your money and you never hear from them again.
Our services are 100% guaranteed.
The only cost to would be $1995 per week, which includes the title agency's closing costs, resort transfer fees, deed recording fees and holding costs. All funds will be held in an escrow account with Timeshare Closing Services, Inc. until the resort has confirmed that you are no longer the owners. You will never have to pay another maintenance fee again. We will take over your liabilities forever.
We can get started on the transfer of title right away. I can email an agreement to you, which spells out everything explained here and shows that your funds are 100% guaranteed. We offer a guaranteed transfer of ownership. Feel free to contact me anytime with questions or concerns at 407-956-3638 or toll free at 877-333-6504 ext. 3638. Thank you and I look forward to working with you.
Here is my response:
What sounds like a scam is this. $1995 per week! I feel sorry for the people who fall for it, because that is a lot of money! There are no deed recordings, etc necessary believe me I have done my research! My cost is $100 to transfer through my timeshare company to a new owner. I read about you on Rip off Report, and now I know what that person said is true.
Please do not contact me again.
If you just want out of your timeshare and it is paid for, you can write your timeshare company a letter telling them that you would like to reliquish ownership b/c you cant afford to pay the maintenence dues. OR, you can "gift" it to someone so they can have the timeshare and take over the maintenance dues by contacting your timeshare directly -- for only $100.
If it is not paid for, you still have options! Contact your timeshare and just talk to them.
Scams are everywhere - dont become a victim.
Lisa L --- just a caring individual :)