Opinion Needed! [Offer on free timeshare from Mark Nayman]

[redwingfan]

Re: Deed

If you want me to look at it I will let you know.
http://www.myfloridalicense.com/dbpr/re/frec.html
my brokers license number is BK3078927.
You can PM if you want.
David

 

[RX8]

I verified his real estate license on the website http://www.myfloridalicense.com/dbpr/re/frec.html (Florida Real Estate Commission) license #SL3240479. He has sent me a deed to transfer the timeshare. Anyone feel qualified to review the deed??

His real estate license number is "inactive" which means this...


Inactive - the licensee has met the department's requirements for licensure but is not allowed to work under this license. Licenses are usually inactive if the person or organization wants to remain in good standing while they pursue other ventures. In order to return to an active status, the individual or organization would simply have to notify the department and complete any outstanding requirements, such as continuing education.

 

[Rent_Share]

The fact that we are aware of three simultaneous offers on three different properties would be a huge red flag

Hi Everyone,
I am currently trying to get rid of a timeshare in Florida and have posted it here on the classifieds. I have been contacted by an individual who wants me to send him a copy of my deed so he can start the proceed of transfer. He claims that he has done this on his own in the past and that he has a real estate license. What do you think? I would be happy in getting this thing off my hands. I am not trying to make any money, just be rid of the maintenance fees.
Please respond.

I believe I am dealing with the same person, exactly the same situation and approach. Do you have any updates? I am wondering if i should proceed?

Hi Denise. I have a 'for sale' ad on TUG and I've been contacted by a buyer with exactly the same approach described by wheniwasyoung, which DanJ says is also the same way he's been approached

Granted the transferors (sellers) just want to get out, but under the circumstances I would recommend that they control the transfer process all the way through notification to the resort, so they do not end up with some one who has scammed one years usage leaving them with multiple years of maintenance fees.

 

[csxjohn]

The fact that we are aware of three simultaneous offers on three different properties would be a huge red flag

Granted the transferors (sellers) just want to get out, but under the circumstances I would recommend that they control the transfer process all the way through notification to the resort, so they do not end up with some one who has scammed one years usage leaving them with multiple years of maintenance fees.

+1

He may have moved from the first to the third and not be trying to get all 3 but I think in this case the above advise is correct.

 

[wheniwasyoung]

The fact that we are aware of three simultaneous offers on three different properties would be a huge red flag









Granted the transferors (sellers) just want to get out, but under the circumstances I would recommend that they control the transfer process all the way through notification to the resort, so they do not end up with some one who has scammed one years usage leaving them with multiple years of maintenance fees.

I guess I don't understand. How could he use the timeshare at the resort if there is no transfer? OR If the resort lets him use it because he holds the deed in his name wouldn't that also mean he is liable for maintenance fees? Please help me!

 

[Scott W]

If I were to guess, this might be an individual who is looking to acquire free timeshares only to flip them. The fact that his license is inactive is irrelevant. You don't need a RE license at all to do that.

 

[csxjohn]

If I were to guess, this might be an individual who is looking to acquire free timeshares only to flip them. The fact that his license is inactive is irrelevant. You don't need a RE license at all to do that.

The fact that he told the OP that he has a RE license while it's suspended raises a red flag for me.

If he puts the TSs in his name and re sells them he may not need the license. If he acts as a broker and transfers the deed from the original owner to his buyer, I'm thinking he needs one.

 

[DandJ]

redwingfan, thanks for the offer, but I found a local lawyer to have a look at it. She said it looked OK to her. So I have signed it and sent it back. I'll post here later about any success or problems. Thanks everyone for all the advice!!!

 

[andycus]

This is the latest on my case. Picking up from the advice of fellow tuggers (Denise et al), I told my buyer that instead of handling the closing process himself, we should use a reputable closing company eg Tug endorsed. He promptly replied that he's ready to buy my timeshare, wants to start the process immediately, reiterated that he's a real estate broker and has done timeshare resales for 20 years, and that he wants his own agent - mr xxx - to handle the closing process as he knows his agent to be someone who does proper closing swiftly and accurately. Note that his reply completely brushed aside my requirement for a reputable closing company.In reply I told him I'm sorry but his suggestion is just bringing us back to my original concern (ie a private individual like himself doing the closing is not acceptable to me), and that I could have just as well agreed that he did the closing himself when he first suggested it. No thanks unless it's eg LTT, JRA.
He has stopped communicating.*
If he ever comes back, I've decided I'm better off waiting for the next buyer.

 

[theo]

Wise decision...

This is the latest on my case. Picking up from the advice of fellow tuggers (Denise et al), I told my buyer that instead of handling the closing process himself, we should use a reputable closing company eg Tug endorsed. He promptly replied that he's ready to buy my timeshare, wants to start the process immediately, reiterated that he's a real estate broker and has done timeshare resales for 20 years, and that he wants his own agent - mr xxx - to handle the closing process as he knows his agent to be someone who does proper closing swiftly and accurately. Note that his reply completely brushed aside my requirement for a reputable closing company.In reply I told him I'm sorry but his suggestion is just bringing us back to my original concern (ie a private individual like himself doing the closing is not acceptable to me), and that I could have just as well agreed that he did the closing himself when he first suggested it. No thanks unless it's eg LTT, JRA.
He has stopped communicating.*
If he ever comes back, I've decided I'm better off waiting for the next buyer.

Well done. There was (...and there still is) definitely something a bit "off" about someone (...with or without a real estate license --- so what?...) insisting upon using a closing agent entirely unknown to you, instead of a widely known, mutually acceptable and independent timeshare specific closing entity, particularly when the cost of using the independent entity is minimal.

Blow him off permanently until or unless he is willing to use an independent closing entity known to you, particularly if you are the one paying the closing costs in the first place. His unwillingness to cooperate with such a reasonable request simply does not pass the sniff / smell test.

 

[csxjohn]

Well done. There was (...and there still is) definitely something a bit "off" about someone (...with or without a real estate license --- so what?...) insisting upon using a closing agent entirely unknown to you, instead of a widely known, mutually acceptable and independent timeshare specific closing entity, particularly when the cost of using the independent entity is minimal.

Blow him off permanently until or unless he is willing to use an independent closing entity. His unwillingness to do so simply does not pass the sniff test.

+1

He makes it sound like he wants to proceed quickly then sets up a road block and ignores your request.

 

[andycus]

Well done. There was (...and there still is) definitely something a bit "off" about someone (...with or without a real estate license --- so what?...) insisting upon using a closing agent entirely unknown to you, instead of a widely known, mutually acceptable and independent timeshare specific closing entity, particularly when the cost of using the independent entity is minimal.

Blow him off permanently until or unless he is willing to use an independent closing entity. His unwillingness to do so simply does not pass the sniff test.

The TUG community has been a big help! Thanks lots.

 

[andycus]

+1

He makes it sound like he wants to proceed quickly then sets up a road block and ignores your request.

That's when I knew I'd have nothing more to do with him. Thanks.

 

[Rent_Share]

Just to be clear, you offered to pay the incremental expense to make sure your closing company controlled the transfer and he walked away ?

 

[wheniwasyoung]

Just to be clear, you offered to pay the incremental expense to make sure your closing company controlled the transfer and he walked away ?

Same here. He is very good at ignoring your request and just states the same thing over again.
I called one of the preferred closing companies and have it all set up for him to call them and give his info so we can start the process. No response yet. I hope he calls me again. I will post that conversation if it happens but I don't think it will.

 

[andycus]

Just to be clear, you offered to pay the incremental expense to make sure your closing company controlled the transfer and he walked away ?

Actually I didn't offer, though I was prepared to pay, if only he replied "let's go provided you pick up the tab". I had thought that if he had no problem with using a proper closing company, he would have come back with that simple retort, given that closing cost is minimal. But he didn't and kept insisting on using an agent.

 

[rapmarks]

Last summer I sold two weeks to someone i met at the resort where I owned. He was a lawyer. He asked the front desk for a copy of the deed. prepared a new deed and a bill of sale, asked the front desk to print them out, we signed in front of a notary, and he handed us a check. As i would have taken nothing for the weeks, I was really happy with the situation.

 

[Rent_Share]

Last summer I sold two weeks to someone i met at the resort where I owned. He was a lawyer. He asked the front desk for a copy of the deed. prepared a new deed and a bill of sale, asked the front desk to print them out, we signed in front of a notary, and he handed us a check. As i would have taken nothing for the weeks, I was really happy with the situation.

The key is you met, and he was a credible person capable and duly licensed, the subject in this case is attempting to create credibility through an expired real estate license, potentially borrowed off the INTERNET, wanting multiple people to send information on the hopes that he will complete the transfer. my point is it is worth $ 150 extra to the one giving it away to be sure it's done right.

When I resold an eBay purchase, I did it myself, and would never do it again

 

[andycus]

A new buyer has just come along, asked a couple of minor questions about my timeshare, and she's now ready to start the closing process, and she wants us to use Timeshare Closing Services and take care of coordinating with TCS. The swiftness of her volunteering to take charge of the closing process - completely ignoring my earlier query if she's a TUG member, and my suggestion that we use LTT - makes me a bit uneasy and tells me to take things slowly.

Given the initial negative vibe, as seller i will control the closing process and that includes the choice of the closing company and i'll find out more about her suggested TCS.

I'm inclined to insist using LTT, but am open to using TCS if there's enough positive feedback from you out there. I'd greatly appreciate your input.
Thanks. Andy

 

[DeniseM]

I'm not clear on one thing: Are any of you offering to pay the next maintenance fee as an incentive?

 

[andycus]

In my case, no, but nevertheless, she's accepted my terms, and she's quite eager to proceed, though by her choice of closing company.

 

[RX8]

I verified his real estate license on the website http://www.myfloridalicense.com/dbpr/re/frec.html (Florida Real Estate Commission) license #SL3240479. He has sent me a deed to transfer the timeshare. Anyone feel qualified to review the deed??

I see now that there is a name of Mark Nayman in the title. The license number you listed in this post goes to a totally different name. There is NO Florida real estate license for a Mark Nayman.

So now I am confused. You say you verified the real estate license. Is Mark Nayman the person who contacted you????

 

[DeniseM]

I added that name - one of the posters in this thread sent it to me.

At this point, I recommend that all the "victims" post the person's name(s) that contacted them, or pm me, and I will, so we can sort this out.

 

[RX8]

Reading back, Dandj was not the OP. he posted he thought he was dealing with the same person. Apparently he was not.

If Mark Nayman was indeed the person who contacted the OP, and per the OP this person told him he was a licensed Florida real estate agent, then that claim was clearly a lie.

If this was allowed to proceed I wouldn't be surprised if "Mark Nayman" offered the OP a larger check than agreed upon and ask for the excess in return.

 

[andycus]

I added that name - one of the posters in this thread sent it to me.

At this point, I recommend that all the "victims" post the person's name(s) that contacted them, or pm me, and I will, so we can sort this out.

I'm a newbie, so now I know I can name names in the thread, though I'd be more comfortable pm-ing as I did. Thanks.