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Timeshare Trade-Ins, Resort Closings LLC of Walnut Shade, MO, STAY AWAY!

cdn_travellr

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Timeshare Trade-Ins (or Timeshare Tradeins/Time Share Trade Ins)
& Resort Closings LLC of Walnut Shade, MO
timesharetradeins.com
resorttimeshares.net

This appears to be one of those companies that takes peoples' timeshares off their hands (for a fee, I assume) however I was dealing, or should I say attempting to deal, with them as a buyer.

Back in July I spoke with their salesperson Glenn Girard regarding a unit they had listed at resorttimeshares.net that I was interested in. We agreed on a price, and since they had let the maintenance fees get badly in arrears I asked that funds be held in escrow by a closing company of my choice which would pay the fees owed and then pay the balance to TTI. We agreed to a $200 deposit and I had a bank draft drawn up however I asked for a copy of the estoppel letter and the sales contract before I sent the deposit.

Here's where things went off the rails. The transaction was handed over to Spence Willis to complete the paperwork. After several emails back and forth he claimed the resort would not provide an estoppel letter. I contacted the resort directly and asked if this was indeed the case (because I found this strange). They said someone from Spence's office had been contacting the wrong department at the resort. Spence claims this was a lie.

Several more weeks went by and I asked for an update on the estoppel letter. He informed me that the timeshare had just been listed on ebay (!)

In my emails with them there were so many inconsistencies and things that they would ask me repeatedly that I had already sent them the information for. They also could not recall the details of our agreement even though I had it all by email. Nothing added up. They are either incompetent or intentionally deceptive. If you check the BBB you will see they've had quite a few complaints as well. So I would stay as far away from these guys as possible. Luckily I am not out any money but I imagine it could have been much worse.
 

silentg

TUG Review Crew: Expert
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Fitzpatrick's Castle Holiday Homes,
Enchanted Isle.
What were you trying to buy?
 

onenotesamba

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HGVC Sea World, HGVC Boulevard/Strip
I started another thread about halfpricetimeshares.com, and eBay id interval_trader. I didn't get any responses, but they just ended an auction where a 4800 HGVC strip package sold for $2600, which would be a pretty sweet deal.

But interval_trader only has six feedback reviews on eBay, so I was suspicious. I noticed that the closing company is called Resort Closing Services, and is based in Walnut Shade, Missouri. So, maybe this is the same outfit? Thought I'd add halfpricetimeshares.com and interval_trader to this thread, just in case anyone's doing a search.
 

cdn_travellr

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Yes I'm sure it's the same one. When I did a search they came up as being tied to dozens and dozens of different domain names, all registered to the same person so this is likely just one of those URLs.
 

pacman777

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pacman777

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I started another thread about halfpricetimeshares.com, and eBay id interval_trader. I didn't get any responses, but they just ended an auction where a 4800 HGVC strip package sold for $2600, which would be a pretty sweet deal.

But interval_trader only has six feedback reviews on eBay, so I was suspicious. I noticed that the closing company is called Resort Closing Services, and is based in Walnut Shade, Missouri. So, maybe this is the same outfit? Thought I'd add halfpricetimeshares.com and interval_trader to this thread, just in case anyone's doing a search.

Yes the closing company is the same as the timeshare company as it is one of the owners wife Melissa that did the closing for me. I paid for my $12k purchase with an Amex which provided me with some assurance but it did take nearly 3 months for the title to transfer and get access to the timeshare system account that I bought.
 
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