Why You Should Never Pay Upfront To Sell A Timeshare - WSPA.com

Why You Should Never Pay Upfront To Sell A Timeshare

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This time of year time-share scams are on the rise. And one upstate man found out the hard way.

He was trying to sell his timeshare, but instead he says he lost nearly $6000.

When the phone rings at Gordon Lang's house in Spartanburg there's a good chance it's someone offering to sell his timeshare.

"I got 2 calls, 3 yesterday," he told us.

He's owned a time-share in Mexico for 13 years and has been trying to sell it for the last 10.

He admits he's been scammed before by sellers who charged up front fees and never delivered.

But this Spring he says the latest schemer took him for $5800.

We asked: "You had already lost thousands on other timeshare scams, what made you believe this one?"

"This one had a different approach. They said there was no money up front. And they had a buyer already," he replied.

We checked the documents. In writing Liberty Housing Management said he had a "guaranteed" buyer.

They connected him with Suncoast Title and Escrow who charged the $5800 processing fee.

We asked: "Do you think you wanted to believe and didn't focus on the warning signs?"

"Somewhat, but I was pretty convinced that it was legitimate because of the way they spoke to you and they always had an answer for the questions you asked," he said.

Lang knew it was a red flag when they followed up requesting $11,000 dollars in up front taxes.

Over the last month WSPA has contacted both companies, emailed, even sent certified letters with specific questions, all with no response. So we checked the websites. Both were set up by a third party company which registers domains that are untraceable.

Vee Daniel with the Better Business Bureau says many of these scam companies hide their identity online and with bogus addresses.

They investigated one that claimed to be at a building in Greenville and there wasn't a company to be found.

We asked: "How often do you see these types of scams with the timeshare selling industry?"

"Well, you see them a lot right now because it's the season," said Daniel.

Lang says he's done with being a victim.

"It's embarrassing and degrading."

He wants to make sure you don't become one either.

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