• Report: #1043542

Complaint Review: villa goup UVC VILLA ARCOS

  • Submitted: Mon, April 15, 2013
  • Updated: Tue, April 16, 2013

  • Reported By: paul m — laguna California
villa goup UVC VILLA ARCOS
CAMINO REAL SAN DIEGO,CALIFORNIA SAN DIEGO /CABO, California United States of America

villa goup UVC VILLA ARCOS TIMESHARE SCAM SAN DIEGO /CABO, California

*Consumer Suggestion: timeshare scams

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             GREETINGS CONSUMER,
     I have been a licensed REAL ESTATE BROKER for decades.
     Most folks know a timeshare is not a solid purchase.
   Yet i was fraudulently induced to purchase a VILLA GROUP  del Arco TIMESHARE on the basis of PRICE STABLITIY.
    The promise was both oral and written.

   I WROTE a certified letter to VILLA in San Diego... and 9 emails Even Villas Nevada office sent an inter office communique to Villa...
 NO ANSWER , EVER... no customer contact.

  About 7 weeks later the REP'' finally called me.
 she admitted, YES, the GOld PROGRAM has been a real problem for us.
IT ruins the re-sale stability...etc.       
   She never called back.

  THIS COMPANY conduct s MATERIAL MISREPRESENTATIONS of fact.
           p.s. MY purchase was at least  800 %  MORE than the current RE SALE VALUE.
            DO NOT BUY.             

This report was posted on Ripoff Report on 04/15/2013 07:08 PM and is a permanent record located here: http://www.ripoffreport.com/r/villa-goup-UVC-VILLA-ARCOS/SAN-DIEGO-CABO-California-/villa-goup-UVC-VILLA-ARCOS-TIMESHARE-SCAM-SAN-DIEGO-CABO-California-1043542. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Suggestion

timeshare scams

AUTHOR: VC32 - ()

Timeshare scams are very common these days, and they should never be considered as an investment or a solid purchase. Timeshares need to be looked up as a purchase and not an investment. Regardless of how timeshares are presented, they dont perform as well as a house or stock investment. If you look around the resale market for timeshares on websites like EBay, Redweek, or TUGBBS will find that you can buy a timeshare for far less money than what the first owner purchased it for. These are good articles from Mexican Timeshare Solutions on what to do in case you were scammed by a timeshare company, you should check them out, this is their website:

http://www.timesharescam.com/
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