199 inquiries | Time Shares
(888) 836-5181
http://www.instantresultsfinan...
Company Rating
F
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This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Complainants for this company allege unfulfilled contracts, deceptive sales practices, and inability to reach anyone at the company to ask questions or obtain a refund. Customers complain the company provided false information concerning buyers, escrow services and real estate transactions in connection with an offer to help them sell their timeshare. Customers complain they were asked for large advance fees totaling thousands of dollars which were explained as closing costs or escrow fees. Complainants allege they have been unable to reach the company by phone email or fax.The company has responded in a few cases by advising the BBB that the matters had been resolved, or that a reund had been issued. Complainants have disputed the responses, advising the BBB that no sale transactions had actually closed, and no refunds had been received.
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Company Info
This company's business is providing timeshare resell services.
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Licensing
As of our last verification on February 13, 2011, we could find no record of this company being licensed with the California Department of Real Estate (DRE) to sell timeshares. For the most up-to-date information regarding license status, consumers may contact the DRE by calling (916) 227-0886 or by visiting their website at http://secure.dre.ca.gov/publicasp/prls.asp.
BCA has no information regarding government actions at this time.
We urge caution against sending any money to this company. This company contacts timeshare owners advising them they have a buyer lined up to purchase their property. They are asked to pay a large advance fee to the company for "their share" of the closing costs and are given a timeframe of 75 days for the transaction to close. Based on complaints received by our office, timeshares are not sold as agreed, and homeowners report they have been unable to contact anyone at the company.If you've been contacted by a company offering to sell or rent your timeshare, be especially cautious if an advance fee is involved. While these companies claim to have ready buyers or renters, imply they are representing foreign investors; or that corporations are interested, most are just offering to advertise your timeshare for sale, or take your money without providing any real services. Do not confuse the service of an advertising or marketing company with those of a real estate company. In most real estate transactions it is the buyer who puts up a deposit and the real estate company gets its commission from the seller only after the deal closes. Ask if the company's salespeople are licensed to sell real estate or whether they are selling an advertising program. If you're contacted by a marketing service, don't allow the caller to pressure you into making a hurried decision. Request detailed written information about the company's services, find out where they currently advertise and visit other Internet listings the company may have. Most company's can not tell you whether a timeshare has rented or sold because these are generally "For Sale (or Rent) By Owner advertisements. Fees for timeshare listing services can vary with little guarantee that your unit will be sold or rented.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
BCA has no information regarding advertising review at this time.
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