Timeshare Scams and Fraud

This company called asking if I was interested in selling my timeshare. I said Yes, as long as there was no advance fee or money sent ahead of time. They said there was not and that someone would send me an offer. They did, for twice the amount I paid for it. Ofcourse today I got the contract, and they are telling me they want me to send 8% of the sales price to them ahead of time, and that if I breach the contract they will keep it. The contract has all sorts of potential breachable paragraphs. I also don't see them licensed on the Department of Real estate site, althought they claim to be a property management, and rental company (among other things). Anything asking for an upfront fee, when they say they are going to pay you has to be a scam

We recieved an email offering $30,000 for our Villa del Palmar studio floating week in Puerto Vallarta Mexico. Based on what we are reading on the web, we will not return the letter of intent to get the contract.

Offer to buy timeshare for 32,000.00 but requires that the seller send a monetary deposit to show good faith. Amount is 10% or 3,200.00. Received an initial document to show interest followed by a phone call from Mr. Cox and then a contract. Upon reading the contract, it was clear that it was not written by a competent individual and it was at that time that the deposit was demanded. Numerous contradictions were noticeable and terms that almost guaranteed breach that subjected the seller to monetary consequences. I have the unsigned contract