{"id":449,"date":"2012-08-22T14:16:00","date_gmt":"2012-08-22T14:16:00","guid":{"rendered":"http:\/\/blog-1199783855.us-west-2.elb.amazonaws.com\/blog\/2012\/08\/22\/beware-a-perfect-example-of-a-timeshare-scam\/"},"modified":"2012-08-22T14:16:00","modified_gmt":"2012-08-22T14:16:00","slug":"beware-perfect-example-of-timeshare-scam","status":"publish","type":"post","link":"https:\/\/blog-origin.redweek.com\/blog\/2012\/08\/22\/beware-perfect-example-of-timeshare-scam\/","title":{"rendered":"Beware! A Perfect Example of a Timeshare Scam?"},"content":{"rendered":"
<\/a><\/div>\n

August\u2019s Ask The Timeshare Crusader question comes from Chloe:<\/p>\n

We were recently approached by a buyer interested in purchasing our timeshare. We’d agreed on a price and were ready to start the closing when our buyer suddenly had to leave town. He sent us a check for $3,900 to hold our timeshare, but asked us to keep $2,900 and send a $1,000 check to his broker. Something seems fishy to me. What do you suggest? <\/i><\/p>\n

Lisa Ann\u2019s Answer: <\/b><\/p>\n

I have two words of caution: STAY AWAY. Your immediate reply to these type of schemes should be, “No”.<\/p>\n

Let me be blunt here. I can’t imagine that anyone would fall for this if they were selling a car or a house. The initial check that the “buyer” or the “buyer’s representative” sends is worth nothing<\/i>; it’s likely a fraudulent cashier’s check or money order.<\/p>\n

But, the check that you send for $1,000 is real and now you<\/i> are out the $1,000 and will probably get hit with a bad check fee for trying to deposit a fraudulent check. And of course you still have the timeshare.<\/p>\n

No legitimate buyer will operate this way. Before you do anything involving timeshare buying or selling: Stop. Take a deep breath. Wait at least a day or so. And think it through.<\/p>\n

Share Your Thoughts<\/b>
Comment on Lisa Ann\u2019s answer below.
Have questions for the Timeshare Crusader? You can post them on her forums page<\/a>, or email them to RedWeek at support(at)redweek(dot)com.<\/p>\n","protected":false},"excerpt":{"rendered":"August\u2019s Ask The Timeshare Crusader question comes from Chloe: We were recently approached by a buyer interested in purchasing our timeshare. We’d agreed on a price and were ready to start the closing when our buyer suddenly had to leave town. He sent us a check for $3,900 to hold our timeshare, but asked us…","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-449","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nBeware! 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