cjchou1
newbie
This is just a post for caution when dealing with redweeks4less/IA Vacations. They do business as redweeks4less on eBay or Money4Timeshare.com on the web. The company behind it all is IA Vacations. The owner is Stacy Gillispie. From what I can see on eBay, he will only use the escrow company American Timeshare Closings. The principal listed for American Timeshare Closings is April Underwood. If you do a search on the web, you will find that she is April Underwood Gillispie.
The one experience I had with IA Vacations was on eBay. Given their not so great seller reviews (their positive reviews are only in the 90’s because they purchase a lot of small items) I did extensive due diligence, including asking for the deed information, estopel, and bank and corporate documents for American Timeshare Closings.
The first red flag I encountered was Stacy Gillispie had me sign a purchase contract with IA Vacations as the seller, not the seller on the deed. I bought his story of him having a “power of attorney” to sell the place and that he hadn’t transferred the title so that it would save him some money. Still jittery, I followed-up with them a few days after making payment. I was told by American Timeshare Closings that the timeshare (Westin Kierland) has a right of first refusal and they were waiting on that. I called Starwood Vacation Ownership (since I already owned WKORV) and was told there is no right of first refusal on Westin Kierland. Very suspicious, I then looked up owners on the deed and called them. I was told that they still own the property but IA Vacations was trying to persuade them to sell. IA Vacations just called the same morning offering them more money. What IA Vacations offered them was 20% lower than the winning bid. They told me they were not going to sell to IA Vacations. What essentially was happening is that my money was held in an account for them to try to make a deal with the sellers. IA Vacations didn’t actually have the property to sell. I ended up contacting eBay, PayPal, and the Better Business Bureau and got my money back.
From the eBay ratings, it looks to me like IA Vacations does business this way on eBay routinely. When they can’t get the profit they desire they just tell the buyer that the seller already sold the property.
Beware of who you are dealing with.
The one experience I had with IA Vacations was on eBay. Given their not so great seller reviews (their positive reviews are only in the 90’s because they purchase a lot of small items) I did extensive due diligence, including asking for the deed information, estopel, and bank and corporate documents for American Timeshare Closings.
The first red flag I encountered was Stacy Gillispie had me sign a purchase contract with IA Vacations as the seller, not the seller on the deed. I bought his story of him having a “power of attorney” to sell the place and that he hadn’t transferred the title so that it would save him some money. Still jittery, I followed-up with them a few days after making payment. I was told by American Timeshare Closings that the timeshare (Westin Kierland) has a right of first refusal and they were waiting on that. I called Starwood Vacation Ownership (since I already owned WKORV) and was told there is no right of first refusal on Westin Kierland. Very suspicious, I then looked up owners on the deed and called them. I was told that they still own the property but IA Vacations was trying to persuade them to sell. IA Vacations just called the same morning offering them more money. What IA Vacations offered them was 20% lower than the winning bid. They told me they were not going to sell to IA Vacations. What essentially was happening is that my money was held in an account for them to try to make a deal with the sellers. IA Vacations didn’t actually have the property to sell. I ended up contacting eBay, PayPal, and the Better Business Bureau and got my money back.
From the eBay ratings, it looks to me like IA Vacations does business this way on eBay routinely. When they can’t get the profit they desire they just tell the buyer that the seller already sold the property.
Beware of who you are dealing with.
