I was wondering if anyone has heard of these folks. They gave me a written offer to buy my wyndham/worldmark. The title company they use checks out with the bbb Global Resort Transfer but I'm still cautious. I was burned by gmc who told me they had a buyer for my timeshare about 4yrs ago.
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Has anyone done business with cashfortimeshares.net
- Thread starter SXM
- Start date
DeniseM
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There is a simple rule of thumb with timeshare offers:
NEVER pay an upfront fee - no matter what they call it - REPUTABLE brokers take their fees out of the proceeds.
Upfront fee companies make all their money charging upfront fees, and have no intention of actually selling your timeshare.
NEVER pay an upfront fee - no matter what they call it - REPUTABLE brokers take their fees out of the proceeds.
Upfront fee companies make all their money charging upfront fees, and have no intention of actually selling your timeshare.
No upfront fee
Thanks for the alert! I already went down that road with gmc. The person I spoke to at cashfortimeshare says they pay all the closing costs and I get my $2,895.00 when the deal closes escrow. Would you happen to know how long an average closing takes?
Thanks for the alert! I already went down that road with gmc. The person I spoke to at cashfortimeshare says they pay all the closing costs and I get my $2,895.00 when the deal closes escrow. Would you happen to know how long an average closing takes?
Forever if you use this group as they have no intention of selling the week & taking it to closing. They want the cash, upfront, and any more they can squeeze out of you (for closing, transfer fees, appraisals - they'll have a bunch). Once they feel you're unlikely to cough up any more they will stop returning emails, faxes & calls - and you can say goodbye forever to your money just as you already did with GMC.
Why do you think it would be any different the second (or third, or forth) time around? It won't be. Find a place to sell or give away your ownership - Denise listed some - it will be far cheaper in the long run & you'll actually be done with your obligations.
Don't fall for it again (it sounds like you're tempted- don't be!)
It sounds like they are saying they will give you $2895 once escrow closes. The problem will be that 99.9% for sure somewhere along the line there will be a call saying they need money for title insurance, or as some sort of deposit that will be given back to you.
By then you can smell the money and figure your payout is close, right? Once they have money, the sale unfortunately falls through and they stop returning your calls.
Unfortunately we get dozens of these types of inquiries a week on this board. So forgive us if we seem a bit jaded.
By then you can smell the money and figure your payout is close, right? Once they have money, the sale unfortunately falls through and they stop returning your calls.
Unfortunately we get dozens of these types of inquiries a week on this board. So forgive us if we seem a bit jaded.