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Question

Asked 86 days ago by a user from Omaha, NE

Timeshare sellers contract { sales agreement }

I'm retired & due to health and financial reasons, must sell our timeshare at paradise village in Puerto vallarta MX. R eceived a sales agreement from Great West Funding Inc. Out of Phoenix AZ. Out of the blue they call us & say they have a buyer for our membership. For double of what its worth. My wife & I are somewhat skeptical of signing this agreement.Also requesting sellers prossing cost of $ 2175.00. And of course total refund at closing. HELP '''''

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Answers

Answer 1 of 1 - Answered 86 days ago

Frank A. Natoli Esq. - Lawyer from New York, NY

Hi,

Yes, I would also be skeptical. Sounds like they will end up with a nice healthy "processing fee" and you guys will get stuck with no buyer. These scams always play to your greed - twice the value; too good to turn down kind of stuff. Shake each other up and recognize that you are not likely going to get a windfall here out of the blue and there will be no random buyer coming along to give you twice what your timeshare is worth is this economy. In fact, far too many people have been left to sell these kind of luxury assets because of the bad economy and players like this know it.

If you have any doubts, at least hire a pro to review the terms before you commit.

If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.

Kind regards,
Frank
www.LanternLegal.com
866-871-8655
frank@lanternlegal.com

**We are proud to announce that Lantern Legal was awarded the prestigious 2012 Louis M. Brown Award for Legal Access (Meritorious Recognition) given by the American Bar Association's Standing Committee on the Delivery of Legal Services: http://www.lanternlegal.com/mediaroom.php

DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.

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