IBEX INC - (SCAM)

[LannyPC]

Current offer is hard to turn down as it's the highest offer so far...

How many offers have you received? And if this is "the highest offer so far", what does that tell you when the other lower offers (I'm safely assuming) never came to pass? Do you think that this "highest offer so far" will now come to pass?

 

[HudsHut]

Been working with a Christopher C. Chin with Gold Coast Real Estate with the address of 1007 Amsterdam Ave., New York, NY 10025. Received "Sales Agreement and Appraisal Information form, which we signed. Just received a call from the "Broker", a Richard Brown, who now states we have to pay a SRE Permit Fee of $3,705.14, even though Christopher C. Chin promised we would not need to pay anything upfront. There is a Christopher C. Chin and a Richard Brown licensed as real estate brokers in New York State, but addresses do not match Gold Coast. We also received a Citibanamax Account Summary showing the funds are in the account, but it appears this could be a legitimate account with actual money in it. However, I now doubt I'll ever actually receive it! Who can I contact to confirm legitimacy? I received a call from the Attorney General of Mexico warning me that our names [my wife and I] are on a list scammers are using to contact us about selling our timeshare. Current offer is hard to turn down as it's the highest offer so far, but if it's fake, what does it matter since we would receive it!

Hi Jimori:
Welcome to TUG.
You have discovered a common scam, one that we hear about several times each week. It doesn't matter what the company name is, or what the "realtor" names are.
Please understand this:
1. there is no buyer
2. the people you have been dealing with are scammers
3. their only goal is to get the $3705.14 from you. Then they will disappear, change their names, and begin the process again with a new victim.
4. Be thankful you found us. No one here is asking you for money. We are taking time out of our day to steer you away from this firm and saving you thousands of dollars.
5. There is no easy way to get out of a timeshare in Mexico. If the homeowners association / developer won't take it back for free, you will just have to stop paying the maintenance dues.

 

[Karen G]

Current offer is hard to turn down as it's the highest offer so far, but if it's fake, what does it matter since we would receive it!

If this were a true sale of your timeshare, just like any real estate sale, any fees that are due would be subtracted from the sales price. The seller should not have to come up with any cash to complete the sale.

 

[Saintsfanfl]

It is hard to turn down because it is almost too good to be true because it actually isn’t true.

 

[steve f]

Scam just like IBEX. DO NOT GIVE THEM ANY $$$$$$$!

 

[debbiemarie]

Hi Jimori:
Welcome to TUG.
You have discovered a common scam, one that we hear about several times each week. It doesn't matter what the company name is, or what the "realtor" names are.
Please understand this:
1. there is no buyer
2. the people you have been dealing with are scammers
3. their only goal is to get the $3705.14 from you. Then they will disappear, change their names, and begin the process again with a new victim.
4. Be thankful you found us. No one here is asking you for money. We are taking time out of our day to steer you away from this firm and saving you thousands of dollars.
5. There is no easy way to get out of a timeshare in Mexico. If the homeowners association / developer won't take it back for free, you will just have to stop paying the maintenance dues.

Hi Jimori:
Welcome to TUG.
You have discovered a common scam, one that we hear about several times each week. It doesn't matter what the company name is, or what the "realtor" names are.
Please understand this:
1. there is no buyer
2. the people you have been dealing with are scammers
3. their only goal is to get the $3705.14 from you. Then they will disappear, change their names, and begin the process again with a new victim.
4. Be thankful you found us. No one here is asking you for money. We are taking time out of our day to steer you away from this firm and saving you thousands of dollars.
5. There is no easy way to get out of a timeshare in Mexico. If the homeowners association / developer won't take it back for free, you will just have to stop paying the maintenance dues.

 

[debbiemarie]

If I stop paying payments for a timeshare (residence club) will it ruin my credit rating? Can I pay a fee ~$1800 and dissolve it?

 

[TUGBrian]

1. its possible...it just depends on what/where you own and how aggressive they are at coming after delinquencies.

http://tug2.net/timeshare_advice/stop_paying_for_timeshare.html

2. its also possible, you would need to contact the resort or company to inquire about their process to cancel or surrender your ownership.

http://tug2.net/timeshare_advice/give_back_timeshare.html

 

[LannyPC]

Can I pay a fee ~$1800 and dissolve it?

That would depend on to whom you pay the $1800. If it is the resort (or more specifically, the resort's Homeowners' Association) and the fee goes towards closing costs and the next maintenance fee, then that would get ownership back to the HOA (not "dissolve" it). Just make sure that this fee is going to the HOA and that the HOA authorized this transaction.

If the $1800 fee is toward some law firm or so-called "exit" or "relief" company, then no, the $1800 fee will not "dissolve" it. Likely, the company will pull a viking ship move or at best, negotiate with the resort's HOA to take your timeshare back.