I as well was set up for being ripped off by Vacations Direct. I got a call from their rep telling me they had someone lined up to buy my timeshare points and all I needed to do was pay $787 for their fee up front and the transaction should take no more than six weeks. After being strung along for nearly three months, and suspecting I had been ripped, the rep called me to tell me that the company was ripping everyone off and there never was a buyer for any of the customers. I later got a message from a female saying she was the owner and had fired the rep for telling people he had a buyer when he didn't. I returned her call several times and never heard back. I immediately contested my credit card charge and the credit company was awesome. At least I was not out anything other than a wasted three months. Ironically, about a month later, I got a call from another rep telling me he was taking my file over and promised much better service. He told me he had two buyers lined up and they just had to go through financing. He told me he would call me in a few days to set up the closing. Three weeks later and several dodged calls later, I was finally able to get him on the phone because someone else answered his line. He told me he received notice of my charge reversal so I was no longer a client and that's why he didn't return my calls. When I asked about the two people in financing, they had mysteriously failed to get financed. He tried to tell me that he had more people in the pipeline to buy my property, but when I pressed him, he admitted he didn't have anyone ready to go at the moment.
The hair stood up on the back of my neck when I was first contacted by Vacations Direct, but I gave in to the lure of a sure buyer. Don't make the same mistake! I have since contacted the appropriate authorities for investigation.
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