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Scam alert: Do not attend any presentations at the grand mayan, mayan palace or any

Discussion in 'Mexico Timesharing' started by Iweid16, Jun 21, 2016.

  1. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

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    What resale company? One you called regarding getting you out of the purchase, or Vidanta's on getting rid of your trade-in? I screen calls and don't answer those I don't know. Just because a phone rings doesn't mean you have to answer.

    Jim
     
  2. Michele88

    Michele88 TUG Member

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    Hello Jim
    The company is Timeshare Resale Market, regarding Vidanta getting rid of my trade-in. They want 1897.00USD to complete the paperwork regarding what I signed with Vidanta to do the so-called transfer of my timeshare. They told me 150days from the day I pay to it being totally transferred out of my name and never having to pay maintenance fees again. From the horror stories that I am reading on the internet, this would be a foolish move on my part to give more money. So my question is: what recourse do I have to avoid getting scammed again regarding this timeshare transfer of the trade in from Vidanta?
     
  3. Ty1on

    Ty1on TUG Member

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    If the contracts are still in your name, there is no reason you can't sell or give them away yourself, presumably at a much lower cost and without paying a questionable outfit up front.
     
  4. Michele88

    Michele88 TUG Member

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    Hello Ty1on
    The contracts(deed?) is still in my name from my original timeshare purchase in 2009. So what is the ramification if I do not comply with the paperwork that i signed with Vidanta for the trade in of my original timeshare? I tell them that I do not want to transfer and they just go away?
    They demand more money from me in order for me to buy back my timeshare from them even though I have given them nothing?
    The only thing that they have is the paperwork from Vidanta. It has been suggested to offer them a low ball # for them to go away? Can anyone tell me what they have successfully done to keep their original timeshare in their name and what is the cost associated with this? According to the paperwork I signed with Vidanta, I can buy back my timeshare from Timeshare Resale Co. within 10days of signing the paperwork (from Vidanta) at a cost of no more than one half of the Equity Credit given. SO I can BUY back my timeshare for 8,450.00USD ....WHEN HELL FREEZES OVER MAYBE...PROBABLY NOT EVEN THEN!!
    Wondering the best course of action to deal with this?
    Thanks!
     
  5. Ty1on

    Ty1on TUG Member

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    vidanta never wanted your timeshare. You never got any money for your timeshare. They inflated the asking price of what they sold you so they could make it look like a timeshare trade-in. It was in fact an "allowance" that brought the purchase price down to what it would have been if you had walked in without any timeshare and said "No" until they got to that point.

    This secondary company is simply trying to make a secondary victim of you. Ignore them. Use your existing timeshare as you always have used it, or sell it or give it away. Don't give them a dime.
     
    Michele88 likes this.
  6. raygo123

    raygo123 TUG Member

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    I myself have gone through this in 2009. Offer them$100 and then negotiate from there. $200 and you break even due to that's what you received from Vida for attending the presentation. That's what I did. Sent them a check and never heard from them again. And still had my ts.

    Sent from my RCT6873W42 using Tapatalk
     
  7. Michele88

    Michele88 TUG Member

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    VICTORY instead of victim!! I really like the sounds of that :)
     
  8. Michele88

    Michele88 TUG Member

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    Wish I had received 200.00! was that peso or dollar bills? On second thought, I dont think I wanna know! lol
     
  9. rpennisi

    rpennisi Guest

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    It had to be dollars.
     
  10. Linda74

    Linda74 TUG Member

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    I would go to the Vidanta Facebook page and post your story there. They monitor that page very carefully and respond almost immediately.
     
    Michele88 likes this.
  11. Blondie

    Blondie TUG Member

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    Sigh.
    When I read a sentence that begins with, "They told me..." I just cringe.
     
    Michele88 likes this.
  12. jenmcnitt

    jenmcnitt Guest

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    I would like to happily report that I was contacted today and my complaint has been resolved.
     
    Karen G and Michele88 like this.
  13. Michele88

    Michele88 TUG Member

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    That is really good news!!
     
  14. Cat Thy

    Cat Thy Guest

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    Thank you SO MUCH for posting this. I could not find the info on how to cancel my contract and I've been worried sick. I am
    Still within the 5 day period and still on property. Thank you for helping me save $$$ money and a lot of regret.
     
    Micheled88, Karen G and dioxide45 like this.
  15. Micheled88

    Micheled88 TUG Member

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    Hello Cat Thy
    I hope you got the contract cancelled and you can move on to enjoying your vacation!
     

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