So I have an update, and there is a plot twist, and now I’m not sure what to do:
Last week this eBay reseller finally sent me a “Vacation Plan Ownership Deed” with a page that I as the buyer need to have signed and notarized. I’ve never needed to do this before as the buyer and think it is strange (and I’ve purchased Bali Hai before) but don’t think much of it and was going to have it notarized this week.
Today, I get a phone call from an unknown number and answer it. The person on the other end asks me if I just purchased a timeshare and I’m about to hang up on them thinking it’s spam, but don’t. The person identifies himself as the seller of the contract (Bali Hai 64k). He wanted to know how much I paid for it because the outfit selling it (apparently working for a timeshare exit scam company) charged him $10,000 upfront and told him they would pay him back out of the proceeds of the eventual sale. I told him I was so sorry, that I had paid approximately $200 for it on eBay, and that if he went on eBay he would find that most Wyndham contracts of that size sold in that general range, maybe plus or minus a few hundred dollars. I told him I was so sorry he was taken for $10,000, and of course if he wanted to back out of the deal I understood (I figured I’m only in for $200 and maybe I can make an eBay claim against the seller and if not, it’s $200). I mentioned both TUG and Certified Exit as additional resources he might want to check out.
He starts asking me questions about how he gets it transferred to me and how he can finally stop paying maintenance fees, and I explain the transfer timeline, how best case scenario is probably that the transfer goes through sometime in November and he stops paying maintenance fees then. He then asks (and this is where I’m getting spooked) “Well what if I just stop paying maintenance fees now?” I explain that if he stops paying maintenance fees after the deed is recorded but before Wyndham process the transfer then we are both going to end up stuck, with me having title and Wyndham refusing to transfer it out of his name until he gets current. I again offer to just cancel the deal and possibly eat the $200 and he indicates he needs to talk to his wife and get back to me, but asks me not to send in the notarized contract and that he will get back to me in a week.
I am now thinking that this is not worth this aggravation. I’m thinking of either calling him back and just strongly suggesting that he contact Wyndham Certified Exit and we both back out of this deal. I do not trust this reseller at all not to **** this up with his weird paperwork and delays, and I don’t fully trust this seller not to just stop paying the maintenance fees, and I wish I had never bid on this auction. I have plenty of other contracts at this point. I don’t know if this guy will get out of this any faster with certified exit than he will with consummating this sale, but this whole thing has me nervous.
Thoughts?
).