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Global Title Group / timesharediscounts2

So far just what I thought I was paying but I’m not moving forward. Yesterday they said it was related to property tax, today they say it’s related to ROFR, probably tomorrow they’ll tell me I need to pay the difference. Probably not an issue on most normal deeds but I have to sign this one and agree to the contents of what I am signing.
 
RebelR said:
So far just what I thought I was paying but I’m not moving forward. Yesterday they said it was related to property tax, today they say it’s related to ROFR, probably tomorrow they’ll tell me I need to pay the difference. Probably not an issue on most normal deeds but I have to sign this one and agree to the contents of what I am signing.
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If they only charge what was advertised and the deed is free and clear, it should be good
 
RebelR said:
So far just what I thought I was paying but I’m not moving forward. Yesterday they said it was related to property tax, today they say it’s related to ROFR, probably tomorrow they’ll tell me I need to pay the difference. Probably not an issue on most normal deeds but I have to sign this one and agree to the contents of what I am signing.
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As already stated, I think this may have to do with ROFR. Does the resort have a ROFR? If yes, I bet that will be the reason.
 
I emailed Marriott to see what they submitted for ROFR just in case and just got the response. They altered my purchase contract from a purchase price of 1,350 to 9,486 and then attached my docusign signatures to the altered contract.

Definitely stay away from this company if you are thinking of buying from them.
 
You bought a bargain basement timeshare on ebay
You are at the tail end of what may have been a sketchy process from beginning to end
Timeshare sales (new and used ) are generally reported to be a less than an honorable business (Apologies to any honest salesmen out there)
If you are going to buy the end result of all that chicanery (at a bargain on ebay) do not be surprised if you are dealing with less than saints
Personally I have wondered if by buying timeshares on ebay I am contributing to all that
My decision is no I am not. I am part of the solution not the problem--but that is a pretty convenient answer so I am not totally satisfied with it
As a practical matter I will not personally be involved in lying or cheating but I am not going to try and find out how the sausage I am buying came to be made
 
Just like we suspected.
And here lies the conundrum: would you be willing to pay more for the transaction to pass ROFR?
It is unlikely the seller is getting any extra money from the inflated amount. Only the company may get money (amount will not vary based on the inflated amount) if the seller is paying all transfer fees.
If the amount was left at 1350 and Marriott exercised ROFR, the seller does not lose anything. The transfer company may lose their commission. You don't get the unit.
So once again, would you be willing to pay more?
Don't misunderstand my question to mean I support what just happened.
 
I don’t think I would care so much if I wasn’t being asked to sign a grant of lease document with the inflated amount. I am not a lawyer but I would suspect that by signing it, I would be agreeing to the changed fee on the contract altered post signing thus making me liable to pay the extra if asked. So I am walking away and not taking any chances as they have already proven themselves as shady. The unit is not worth the inflated price to me.
 
The thing is, with Custom House, they don't need to play these shenanigans to get it to pass. Marriott can't add Custom House to the MVC Abound Trust, so there is a near 0% chance they were going to exercise ROFR. You may want to add this to ROFR.net based on what was actually submitted to MVC.
 
Is there a way to change the submission I already did at the lower price or would you suggest just doing a new one?
 
dioxide45 said:
The thing is, with Custom House, they don't need to play these shenanigans to get it to pass. Marriott can't add Custom House to the MVC Abound Trust, so there is a near 0% chance they were going to exercise ROFR. You may want to add this to ROFR.net based on what was actually submitted to MVC.
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… and possibly a can of worms has been opened…
 
RebelR said:
Is there a way to change the submission I already did at the lower price or would you suggest just doing a new one?
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Pay the fee to not complete the transaction and buy direct from the resort company
 
RebelR said:
I finally got a deed to sign after a month of waiting and it says the consideration paid is 8k more than I actually paid. Ariana from timesharediscounts says it doesn’t matter and is just for deeding purposes. Has this ever happened to anyone? If I sign without this being corrected would I be liable for the difference?
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I bought a timeshare and the consideration paid on the deed was much higher. I was told it would be higher to pass ROFR and i believe it included money from the seller, closing costs, money from me,. transfer fees and anything else they could tie in . The important thing was i had a contract from them also with the agreed price.
 
There is nothing that would stop you from putting an asterisk next to the amount and footnoting a statement providing the amount you paid as a portion of the total amount. That may force them to modify the contract. If they don't accept the change, all you did was state the facts. I advise never signing a false statement.

Is this the only issue Tuggers have with Global Transfer Group/Time Share Discounts?
 
dioxide45 said:
The thing is, with Custom House, they don't need to play these shenanigans to get it to pass. Marriott can't add Custom House to the MVC Abound Trust, so there is a near 0% chance they were going to exercise ROFR. You may want to add this to ROFR.net based on what was actually submitted to MVC.
Click to expand...
This is also all so stupid because ROFR doesn’t mean the seller OR the transfer company should be out anything, so long as the contract is written correctly. There is no reason to play this ROFR game as the seller, because from your perspective, you’re getting rid of the timeshare at the terms you thought you were getting form the buyer, and as the broker (or timeshare exit scammer or whatever) your’e still getting them out of their timeshare and collected your upfront fee plus collect the commission off of the “sale” when Marriott steps in. I just don’t get it.

With a legit timeshare sale, as the seller or the Broker, the resort exercising ROFR is normally a good thing.
 
Fido Chuckwagon said:
This is also all so stupid because ROFR doesn’t mean the seller OR the transfer company should be out anything, so long as the contract is written correctly. There is no reason to play this ROFR game as the seller, because from your perspective, you’re getting rid of the timeshare at the terms you thought you were getting form the buyer, and as the broker (or timeshare exit scammer or whatever) your’e still getting them out of their timeshare and collected your upfront fee plus collect the commission off of the “sale” when Marriott steps in. I just don’t get it.

With a legit timeshare sale, as the seller or the Broker, the resort exercising ROFR is normally a good thing.
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I also think certain sellers (especially eBay) don't want the developer to have a peek behind the curtain of the gray area they work in. They also don't want the seller, who paid a lot of money to get rid of the timeshare, to realize that Marriott was willing to take it back. Best to keep Marriott's from sending a check to the seller when they pay out on the ROFR. I understand that Marriott will only pay the final proceeds of ROFR to the owner of record.
 
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