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Timeshare Info Industry Complaints Investment Properties Solutions - Total fraud and misstatement of sale

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The following was sent to the Better Business Bureau West Coast Florida. I think it explain what this company (Investment Properties Solutions in Largo, Florida 33733 has tried to pull over our eyes. I hope I am totally wrong and they do sell it but it doesn’t appear that way. To Whom It May Concern:

Upon finding Investment Properties Solutions was involved in selling timeshare, I contacted them and supplied all the information they requested to help locate a buyer for my Tahiti Village Timeshare in Las Vegas. On or about February 13, 2009 I received a call from a Scott ? who indicated that he had a buyer and would I accept the offer of $30,900 instead of the 32,500 I had originally wanted but agreed to the $30,900 for a fast sale. I was told he had a buyer and that in order to continue the process and show good faith I was asked to send $856 to continue the sale. I did put it on my AMEX card since I was assured by him that when the sale finalized this would be returned to me.

I was also sent a form to complete "Ownership Information (ad #11733.) It was dated 2/13/09 and I immediately called because the form appeared to be just a listing form and did not give any information that my Timeshare had actually been sold. I was told by a Katie Smolen not to worry that this was for their records and just a formality.

Not hearing them for several days I called and requested something in writing that in fact the Timeshare had actually been sold and was assured everything was going according to plan. Never once did anyone agree to send me anything in writing about the sale. I have today again spoken to Scott and he was very upset that I would even ask for something like that. I told him I had contacted an attorney who also was concerned and instructed me to email Scott expressing my concerns and if in fact it had not been sold I wanted to have my credit card credited with the $856.00. He became quite upset that I would ever have contacted a lawyer or doubted the sale. I again asked him to verify that it had been sold. He would not. I told him I also had 4 audio tapes including he and Katie the Customer Service Manager that the sale was just a matter of time and don't bother them again by "threats". This was referring to the fact that I had sought legal counseling and asked for a credit if it had not been sold.

I am a senior citizen and feel that this is a total fraud and misstatement of sale just to get my money. I keep wishing I were wrong but it looks like they scammed me.

Please help.

Many thanks..

 

Submitted by: Joe

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Comments  

 
0 # Guest 2009-04-20 07:56
I would like to know the outcome of this- I have come close to paying similar fees to sell my timeshare too....
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