• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 31st anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

First Capital Financials call and say the have a buyer

C

chonda14

newbie
Joined
Nov 2, 2011
Messages
1
Reaction score
0
Location
United States
First Capital Financials

Anyone have First Financials call and say the have a buyer looking for timeshare and want to know if your is still for sale. They sent me a contract but it says i have to send them money for the title search. Which I will get back. Any deal with this company yet???
 
There is a simple rule for timeshare business offers:

NEVER pay an upfront fee - no matter what the call it! REPUTABLE brokers charge a commission AFTER the sale, out of the PROCEEDS.

Here are the facts:

There is no deal - there is no buyer - they just want your $$$$.
 
First Capital Financials [SCAM]

like denise was saying.. if someone call you out of the blue with a "buyer" and wants money for "title search or _______ (fill in the blank)... it a SCAM...


just read here for a while and see you are getting what 100's of other have gotten, some come here after loosing 2-3,000 dollars of there money never to see it again.

RUN AWAY..

welcome to TUG.. stick around and see what is going on
 
Lets say you got a call out of the blue from a complete stranger and he said that they had a buyer for your refrigerator. The good news is that they were willing to pay you $3000 for it but they needed $500 upfront to pay for the pick up charge (don't worry, you will get that back with the proceeds). You would hang up on him in a second.

As the article that Brian posted stated - "don't let your need to sell cloud your judgment."
 
RX8 said:
Lets say you got a call out of the blue from a complete stranger and he said that they had a buyer for your refrigerator. The good news is that they were willing to pay you $3000 for it but they needed $500 upfront to pay for the pick up charge (don't worry, you will get that back with the proceeds).
Click to expand...

"Wow, I'll net $2500 with this deal!"
"Can I give you a credit card number?"
 
RX8 said:
Lets say you got a call out of the blue from a complete stranger and he said that they had a buyer for your refrigerator. The good news is that they were willing to pay you $3000 for it but they needed $500 upfront to pay for the pick up charge (don't worry, you will get that back with the proceeds). You would hang up on him in a second.
Click to expand...

No I wouldn't because this stranger is representing a large corporation that is collecting old, energy inefficient fridges so they can turn them in for huge energy tax credits.

He also know of this huge food and wine convention coming to town that needs a huge supply of fridges to keep all the food and drinks cold.:hysterical:
 
up the ante

I once received a check via FedEx for the crazy amount. I played it out and the scammer was working out of London with American contacts. They wanted me to pay the shipper directly which was of course the scam.

I did learn that companies have six months to report a bad check. In this case, the check would have cleared and after some time a company would report that they did not write the check and I would have to reimburse.
 
DeniseM said:
They just want your $$$$.
Click to expand...
Speaking of scams.. It should also be illegal for the salespeople at timeshare companies to say any of the following things I have heard from them at 90-minute sales presentations..
1. When you can no longer use your timeshare you will easily be able to recover your initial purchase cost by selling it.
2. There are lots of reputable companies out there that will help you sell it.
3. If you have trouble selling it you can always sell it back to the timeshare company.
Lies, lies, and more lies, with the intent of deceiving the public into making a timeshare purchase, which the salespeople know you will not find out are lies until it's well beyond the 10-day grace period to negate a sales contract.

I don't see how the timeshare industry can sustain itself when the business model is based so heavily on deception of the public. With the internet, it will become more widespread about how deceptive they are, and their ability to make sales will decline until their only hope to stay afloat will be raising the maintenance fees for every owner.

One of the best analogies to buying a timeshare is buying a gym or fitness club membership with a huge non-refundable initiation fee (aka purchase price), and an annual membership fee (aka maintenance fee) which goes on indefinitely. Even if you want to terminate your membership, you can't. Timeshare ownership is more like a gym or fitness club membership in which you are stuck paying ever-increasing annual club membership fees even if you can't use it.
 
You make some good points here, but you've posted the same info., almost word for word, several times since joining TUG. Please don't continue to post the same info. over and over - there is no point in it, and you are preaching to the choir here. Plus - duplicate posts are not permitted on TUG.
 
You must log in or register to reply here.
Top