Nationwide Title Transfer Title and Escrow Services Timeshare sale & purchase scam Clearwater, Florida
I have recently been contacted by a female buyer who tells me she and her hustanc are wanting to purchase my timeshares. Since I had been advertising the sale, I was not taken aback. She had Nationwide Title Transfer, Clearwater, Florida contact me with the details of a contract. I have spoken to two representatives there. They have a lovely web site and seemed real. They faxed me the purchase agreement and they are awaiting my sending them a deposit of $528.00. I can find no listing of this company at the Clearwater Chamber of Commerce, Better Business Bureau nor anything under the Florida business licenses. No listings anywhere. Although I was hoping this was a real buyer, I now suspect that it is a well organized scam aimed at seniors wanting to sell their properties. Thanks to this site, I am not sending a check and refuse to be a "pigeon" again. Been there, done that.
2 Updates & Rebuttals
MovingForward
Palm Beach Gardens,Florida,
USA
Do not send the money! Its a scam!
#3Consumer Comment
Wed, January 04, 2012
As you know, this is a very common scam in Florida. Do not send the money to the "title co". Anyone can have a website and email address, but the title companies have to be licensed. Go to myfloridacfo.com for the Division of Agent and Agency Services to check to see if this co is legitimate. Even if the same or similar name shows, it does not mean that the person that left the above post is legit.
To sell your timeshare, you choose a local title company in your area. You are the one that prepares the contract for sale. For a buyer to simply call you with a prepared contract and asks you to send money is absurd! If the buyer wants it they pay for it! This scam has been around for years. The seller does not send money to the title co to run title - it is taken from the proceeds at the time of sale.
mjay
Wilmington,North Carolina,
United States of America
Nationwide Title Transfer
#3Author of original report
Wed, January 04, 2012
website: http://www.nationwidetitletransfer.com
e-mail: John@nationwidetitletransfer.com
(727) 565-8351