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Report: #1443261

Complaint Review: Magnum Realty

  • Submitted: Wed, May 16, 2018
  • Updated: Wed, May 16, 2018
  • Reported By: Gramlyn — Harley Ontario Canada
  • Magnum Realty
    630 J Street Ste 220
    Sacramento, California
    United States

Magnum Realty, Brian Cooke, Edward Frost, Sr Broker ,Magnum, Stephanie ,Capital Transfer Associated Services, Offer to purchase UVC membership for 67K if we put up 4K Sacramento California

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Original phone contact from Brian Cooke saying he represents company (Magnum) with buyers interested in purchasing our Unlimited Vacation Club package; says he will email info; within a few days we receive offer, with documents showing money has been deposited in escrow account with Capital Transfer (call from Stephanie to confirm we saw email with $$ in escrow account statement )

We ask specific questions re up front costs; not told there will be any; call then scheduled with Edward Frost (Sr Broker); he states that purchaser will cover costs necessary for Naturalization & TAX ID for Mexico where our membership originates. Sign contracts THEN receive preliminary closing package where we are to pay $4K UP FRONT 

in all received 15 emails & mutiple "contracts" AND a bullying phone call from Frost who yelled at us and repeatedly insisted that we have a legally binding contract to then pay the agent commission ($3KUSD) when we say we are not paying the $4KUSD to Capital Transfer; we told him we were within n the 10-day remorse period that we are entitled to have 

called UVC - they are now escalating a case and we have been advised to have no further communications with Magnum or Capital, and to definitely send no money 

 

This report was posted on Ripoff Report on 05/16/2018 03:31 PM and is a permanent record located here: https://www.ripoffreport.com/reports/magnum-realty/sacramento-california-95814/magnum-realty-brian-cooke-edward-frost-sr-broker-magnum-stephanie-capital-transfer-a-1443261. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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