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Selling timeshare-question

S

SunBunny71

TUG Member
Joined
Jul 28, 2009
Messages
4
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Location
Boston
We are looking to sell our timeshare and posted it on red week.com. We were contacted and an offer was made that we want to accept, but I am a bit apprehensive. The potential buyer has asked us to go thru a company called First American Financial Corporation. She has agreed to pay all fees associated with the sale and told me that she will put a $500 deposit in escrow with them and her agent will contact me regarding next steps.
I purchased this from a friend so no third parties were necessary, but I wanted to see what others thoughts were.
 
If they ask you to pay ANYTHING, even into escrow (which may be fake) or they send you a check, and ask you to distribute funds to others out of the check - it is a scam!

If you post the buyers name, we may be able to provide more info.
 
If next step is for you to wire transfer say $1,000 which will be reimbursed somehow, run.

Have you verified if FAFC is legitimate entity with a street address, phone number and BBB file?
 
SunBunny71 said:
We are looking to sell our timeshare and posted it on red week.com. We were contacted and an offer was made that we want to accept, but I am a bit apprehensive. The potential buyer has asked us to go thru a company called First American Financial Corporation. She has agreed to pay all fees associated with the sale and told me that she will put a $500 deposit in escrow with them and her agent will contact me regarding next steps.
I purchased this from a friend so no third parties were necessary, but I wanted to see what others thoughts were.
Click to expand...






Tread carefully so you don't get burned!

If the buyer somehow wants you to put some money on the table for any reason then I'd move away from the deal. "If in doubt then get out".






.
 
Is she hearing impaired? Will her "agent" be unavailable so she will send the deposit to you directly and then ask you to send the extra to set up the escrow account? Does the email reference Judy Boulay, Brenda Chavers, Sister Vincentia Goeb, Frank Tesero, Andrew Frechette, or Stanley Kaplin?

Does the email contain any or all of this:
Thanks for the details. Having reviewed all the information provided, I have made my offer as clearly as possible below.

1- I will be willing to pay $2,500 for your timeshare, closing will commence within the next few days.

2- I am hearing impaired in both ears and as a result, I will doing all closing formalities through my broker. I will be responsible for the closing cost and title transfer fees along with my broker fees.

3- Closing will be done through First American title transfer(www.firstam.com/title) and funds will be held in Escrow during closing.

Let me know if this works and I will inform you on the next step.

Best regards,
Brenda Chavers.
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Even the little you have said makes it sound like one of the scams that has been going around TUG and Redweek popping up every couple of weeks for the last year or so.
 
The buyer is Barbara Giorgio. She sent a phone number inner email but when I did a reverse look up, the number doesn't come up. She has not asked me to forward any money. She said she would send FAFC a deposit to start the paperwork and once I signed off on everything, they would send a check. She sent me the website to the company and they appear to be a California company but there is no customer service. You need to directly dial someone's extension in order to speak with someone so it seems you need to have a rep so to say.
 
Thank you!!!

Thank you all. It is a scam. It looked like someone had posted the exact email from the hearing impaired woman....thank God I checked with you all. You are all wonderful!! I emailed the person moments ago saying the resort has advised me not to move forward.
 
Just a heads up to you all, I got an email from redweek.com last week saying this user, James Chisholm, had contacted a large number of users regarding timeshares that were posted. The email suggested using this First American company as a title transfer company so it's odd that all this is linked. And I also read that there was a big scam operating in Florida and the area code she sent is Florida based. So it's all fitting together.

I can't thank you all enough!!!!
Lisa
 
Same thing with an ad I had listed on Redweek. Received an email from a James Chisolm followed up by the warning from Redweek. Just tonight I received an email from Barbara Giorgio indicating their Redweek account had been compromised and they were interested in the listed week. Definitely run quickly.
 
cory30 said:
Same thing with an ad I had listed on Redweek. Received an email from a James Chisolm followed up by the warning from Redweek. Just tonight I received an email from Barbara Giorgio indicating their Redweek account had been compromised and they were interested in the listed week. Definitely run quickly.
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Same thing here. I will not be responding to her.
 
I just received the same offer from Barbara Giorgio for my redweek listing. I'm running away from this one. Glad I checked TUG!
 
Last edited:
shalako2 said:
I just received the same offer from Barbara Giorgio for my redweek listing. I'm running away from this one. Glad I checked TUG!
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ditto.....he/she got the information the same way from Redweek for the sale of my Aruba unit. Received an email and a warning from Redweek about James Chisolm. My potential buyer was the same hearing impaired Barbara Giorgio. Had a bad feeling about this from the get go. Just did not sit right with me. Thank you Tuggers for the insight!

bob
 
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