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Timeshare Scams and Fraud



Complaints  >   Excess Property Solution and RR Closings Company

We were contacted with new information about our RCI points. A Lisa Landry met with us. She was representing TERP. She told us their was a class action suit against RCI. The court system came up with TERP to help RCI members to have the opportunity to use another enhancement package. After all was said and done we were scammed in the amount of $8,530.13. We were suppose to be using our points for them to rent our properties and we would get 7.5 cents per point. They had it planned out with the points we had we would get $12,000.00 per year. We guarantee $9,000.00 by October, 2013. In the mean time we could still use our points with Vacation Services International. While we were talking with Lisa my husband looked up Vacation Services International and Indeed they have a w... Read More

There were several people in this "free Dinner" set-up and I guess we must all have fallen for this scam. We were promised that we would be reimbursed by this month (April) for the money we gave them. something about a settlement from RCI and marketing of unused timeshares. I began to suspect that I had been 'had' when I thought why do I not have to turn in my timeshare for them to use? I feel so stupid how they moved us through that meeting. People who were working and making copies and I did not write down anyone else's name! They said they were just overwhelmed by the response that day.

We were told that in exchange for letting EPS use our Time Share week in their rental program and paying a fee of $9,250.00 we would be getting 125,000 points in even years and $225,000 in odd years and receive no less than .075 cents per point.

This was in February of 2013 and we have received nothing. When calling their 888 number I get a machine stating that Crystal's mail box has not been set up yet.

There is never a person answering the phone at EPS.
When I call RR Closings they say they will forward my message to EPS but I have not heard from anyone and now I am out the $9,250.00.

Has anyone had success in recouping their money and if so, how?

Sold another timeshare that included a contract with Excess Property Solutions, who were to use the points deposited with EPS, who would pay 7.5 cents per point. EPS never answers the phone, messages and/or emails and never paid us anything for our points. Run from these people!!!!!

Went to a sales meeting on 02/21/2013 about Timeshare on how we can get more vacation time and help with maintenance fee. They said by transferring my points to EPS I am guaranteed to receive my fair share of the rental income generated by the rental pool at 7.5 cent per point or more. They said we can submit 160,000 EPS rental points the first year and the max points in future years is 120,000 points my spot of 120,0000 points per year is guaranteed and in perpetuity. The reason for the yearly limit is to keep every client's spot and payout guaranteed. We put up 9,133.000 plus 349.00 to RR Closings Services. They said we would receive our money of 10,000.00 plus 2,000.00 to cover annual maintenance fee, on August 15, 2013. We have called both companies several times and voice m... Read More

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