Timeshare Owners beware: It has been brought to our attention that a company going by the name Pacific Property Transfer IS SCAMMING TIMESHARE OWNERS.
Reports are coming directly from clients and relating personal stories of having been scammed through a fraudulent timeshare company with the website http://www.
After a check on the Better Business Bureau (BBB), Pacific Property Transfers is also known as Vacation Smart International, LLC. They have a BBB rating of “F”. The following is quoted from the BBB reports:
This company’s business practices resulted in a BBB media release titled “Vacation Smart International – Be Wary of Brokers that Call Out of the Blue.” Click here to view it: http://nashville.bbb.org/article/vacation-smart-international
This company came to the attention of BBB in March 2013 due to consumer inquiry. Consumers report receiving unsolicited phone calls from a broker claiming to be with Vacation Smart International with a resale offer for the consumer’s timeshare claiming they have a buyer for the property.
Consumers are told they must pay an ownership transfer fee ranging from $2000 – $3000 to Groupo Mayan prior to completion of the agreement, and that the money needed to be wired via Western Union.
BBB visited the address where Vacation Smart International claims to be located (150 Fourth Ave N, Nashville TN), and was informed there is no such business at that address. In addition, BBB called the advertised phone numbers 615.866.3203 and 615.866.5188 to inquire about the company’s physical location; however, the company representative immediately hung up.
If you have done business with Vacation Smart International, BBB would like to speak with you. Please call 615.242.4222.
– See more at: http://www.bbb.org/nashville/business-reviews/timeshare-resale-and-rental-marketing/vacation-smart-international-in-nashville-tn-37077176#sthash.DDmqNtL2.dpuf
This business is operating in partnership with Closing Advantage, Inc. a company falsely claiming to be located in Denver, CO. A copy that that business review can be found here: http://www.bbb.org/denver/business-reviews/timeshare-companies/closing-advantage-in-denver-co-90156289?language=1# – See more at: http://www.bbb.org/nashville/business-reviews/timeshare-resale-and-rental-marketing/vacation-smart-international-in-nashville-tn-37077176#reasonrating
Scammers frequently ask for upfront fees and then run away with your money. NEVER PAY UPFRONT FEES, and follow some of the tips in our previous blog entries about scams, fraud, and signs of timeshare danger.
To talk to one of our state licensed agents about other common scams and what you can do to avoid them, click here.
Please share this information with your friends, family, and colleagues who may be vulnerable to timeshare fraud. The last known victim of these scammers was an 84 year-old gentleman who lost $6,300. Don’t let your neighbors fall victim to this fraud—get the word out: BEWARE.
