Property Advantage - Pro Marketing Group Time Share ripoff - Do not pay any upfront fees - Title Search fees are paid at closing, not upfront! Los Angeles California
Some guy calls you. He wants to know if you'd be interested in selling your timeshare. You Say "yes." He says great I'll call you back in a couple of days with a buyer.
In few days, he's back on your phone saying he found a buyer.He sends (mine was via fax) you several documents explaining who they are, what they do and what to expect at closing. Oh, I forget to mention the form you fill out giving all your bank information so they can electronically transfer funds to cover a title search.
The money form will ask for $499.95 up front, but you'll get $249.00 back at closing. The $249.00 is the fee for the title search. I was lucky. They gave me a discount of $299.00.
Without ever disclosing I was in the mortgage business, I knew no one ever paid for title search fees up front, in the manner they were asking. So I researched the company as much as I could.
The title company they referred me to, US Title and Property at 7333 N.W 54th Street, Miami, Fl 33166 (786)206-0511 appears not to exist.
Property Advantage is not a real company.
According to Detective Kaplin from the West Hollywood Sheriffs department, the address is a PO Box. The telephone number(s) are all cell phones.
Even with my past experince, I could have been a victim. They make sound so good and easy. Stay safe. Keep your money in your bank account, and do you homework!
Renee
Plainfield, Illinois
U.S.A.