Timeshare selling scam?

[joconj]

is it a requirement to have a Mexican Tax ID number in order to sell a Mexican time share? Buyer/Broker says Tax ID is required and will get one for $3,500 up front.

 

[HudsHut]

Welcome to TUG @joconj

Timeshares in Mexico are a hotbed for scammers. Do NOT pay an upfront fee to anyone.
Scam.

 

[davidvel]

is it a requirement to have a Mexican Tax ID number in order to sell a Mexican time share? Buyer/Broker says Tax ID is required and will get one for $3,500 up front.

Scam. Are you selling a MX timeshare? Is it worth anything?

 

[joconj]

Scam. Are you selling a MX timeshare? Is it worth anything?

Yes, Plaza Pelicanos in Puerto Vallarta, 1week, open

 

[dioxide45]

It has $0 value resale. If you pay the fake fee they will come along later and ask for some other fee that might sound legitimate. All scams. Before you know it you will be out tens of thousands of dollars or could be like some others that have lost hundreds of thousands or even close to a million in similar pig butchering scams. Stop all communication.

 

[zentraveler]

Hard news to take in but trust what they are saying. And welcome to TUG and stick around and spend some time. There is a lot to learn here, some of it from people who learned the hard way like you, or from the post like yours. And lots of good advice about what and how to buy resale and avoid overpaying retail by thousands.

 

[TUGBrian]

Timeshare Owner Scams: How to Identify and Avoid Them!

Discover common timeshare scams targeting owners and learn how to protect yourself. Get expert tips to spot and avoid fraudulent schemes!

tug2.net

biggest red flag there is!

 

[TheTimeTraveler]

Yes, Plaza Pelicanos in Puerto Vallarta, 1week, open

Remember, you don't own anything in Mexico. You may be part of a vacation package which is good for as long as you continue paying. Any Timeshare located in Mexico is a RTU (Right to Use).

Chances are it has zero resale value and it will be difficult to find anyone to take it off of your hands. Be careful of scams!



















.

 

[WorldT]

is it a requirement to have a Mexican Tax ID number in order to sell a Mexican time share? Buyer/Broker says Tax ID is required and will get one for $3,500 up front.

As already said:

1. This is a scam.
2. Your timeshare has zero resale value and it is RTU.

But if you don't believe that and you still think your unit has value, here is counter offer:

Ask the buyer to fold that $3,500 into the purchase contract and only pay the difference.

Here is the answer you will get: NO. The reason: they want your $3,500. Once you pay, that money is gone. Next step is they will come back with some other fee to see if they can squeeze out some more money. You were an easy target when you paid the $3,500, why not try and see if they can get more right?

This has happened so many times to so many people. Do you want to join the statistics?

Edit: I just did a simple Google search. Here is what I found
Tax ID is free from the government if you really need one. If you go through a reputable law firm, maybe $300 max.

I also ran across someone asking this question. As you can see, the individual paid and the scammers came for more blood.

https://www.justanswer.com/tax/o1bbl-does-cost-mexico-tax-id-foreigner.html

 

[RX8]

You should block their number. This is a very common scam. These scammers are likely Mexican cartels making an easy buck. They are very convincing. How convincing? One article below details the story of a timeshare owner who was offered $22K for his timeshare. The scammers kept asking for more and more money, using fraudulent documents, and ultimately the guy paid them almost $1,000,000 - for a timeshare he thought he was selling for $22K!!!

Mexican Cartels Targeting Americans in Timeshare Fraud Scams, FBI Warns | Federal Bureau of Investigation

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

www.fbi.gov

Veteran lost $900K to Mexican cartel timeshare scam: AARP

A veteran lost $900K to a timeshare scam run by a Mexican cartel, and more Americans are being targeted, AARP reports.

www.newsnationnow.com

 

[LannyPC]

is it a requirement to have a Mexican Tax ID number in order to sell a Mexican time share? Buyer/Broker says Tax ID is required and will get one for $3,500 up front.

Did you pay them anything yet?