Like so many others on this website, I too was ripped off by a timeshare scam on the Mayan Riviera of Mexico. Following a slick presentation by Carlos the Chilango Con, I was ushered into the boiler-room where the high pressure sales push begins in earnest. The apartment they showed me was beautiful, they assured me I could rent it out for a profit, and I could reserve a place there with less than a months notice! It sounded to good to be true; It was!
Since the first year of purchase was 'already reserved' by the previous owner of the contract, I could easily reserve next year and even rent out my other premium weeks as I pleased. Fishermens Village even provided a broker who would arrange the rentals for the mere price of $450.00. I paid, never heard from them again and was unable to reserve a room wthout at least a 9 month or more notice.
Since I was unable by contract to reserve the first year, I had already paid my downpayment of almost $15k and an additional $7k in payments and 'maintenance fees' when I realized I would never get a reservation here!
On my last site visit there, the manager, Luis Casteada, laughed when we asked how many units they had actually 'sold' as timeshares and answered "many!". That was the understatement of the year. Now out $22k and receiveing threatening letters from Hector Tornell, their pseduo-attorney, and harassment from their Alabama based collection goons, RMI, Inc., I realize that I am among hundreds in the same boat!
Steer clear of these timeshare clowns at all costs! When they offer you free tickets to Chichen-Itza or other local attractions - Just Say No!!
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