After getting burned by both these sellers over the past year here is what I've surmised concerning their timeshare deed sales. Their goal is to get our cash in their hands and keep it as long as possible. Maybe a Ponzi scheme?
Two purchases with luky987 and one (8 months since full payment made) is closed only after I intervened with a local Town and paid a Real Estate Transfer Tax myself. The other (7 months since full payment made) just had Right of First Refusal exercised and I might get my money back maybe after 8 months!
Last week Redweek tried to sell me the same timeshare as was offered to the high bidder on an eBay Second Chance Offer (the high bidder and I compared the identical estoppels!). I left negative feedback but it was withdrawn by eBay as it ended up being a cancelled transaction.The Redweek experience only proves that sellers deliberately solicit buyer's on second chance offers, when no 'similar' timeshare exists, just to keep buyer's funds until they eventually find a timeshare or make up a story and return funds whenever they get around to it.
Not how I will be investing my money in the future.
Two purchases with luky987 and one (8 months since full payment made) is closed only after I intervened with a local Town and paid a Real Estate Transfer Tax myself. The other (7 months since full payment made) just had Right of First Refusal exercised and I might get my money back maybe after 8 months!
Last week Redweek tried to sell me the same timeshare as was offered to the high bidder on an eBay Second Chance Offer (the high bidder and I compared the identical estoppels!). I left negative feedback but it was withdrawn by eBay as it ended up being a cancelled transaction.The Redweek experience only proves that sellers deliberately solicit buyer's on second chance offers, when no 'similar' timeshare exists, just to keep buyer's funds until they eventually find a timeshare or make up a story and return funds whenever they get around to it.
Not how I will be investing my money in the future.