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- Nationwide Transfer Ozark
Nationwide Transfer Ozark
I attended a presentation by a business named Nationwide Transfer based in Ozark, MO. They charge $4,995 to take your time share off your hands and bundle it with others for sale to corporate clients or so they claim. This charge is up front with a guarantee to refund it if for some reason the sale cannot be made. I would not bite if for no other reason than the up front charge. They also give you nothing for the timeshare. Has anyone done business with these people? Is this a scam?
Jerry M.
Last edited by marty8084 on Sep 10, 2012 04:09 PM
jerrym265 wrote:I attended a presentation by a business named Nationwide Transfer based in Ozark, MO. They charge $4,995 to take your time share off your hands and bundle it with others for sale to corporate clients or so they claim. This charge is up front with a guarantee to refund it if for some reason the sale cannot be made. I would not bite if for no other reason than the up front charge. They also give you nothing for the timeshare. Has anyone done business with these people? Is this a scam?
There are no corporate clients .... corporate clients do not buy timeshares ..... this should answer your question.
R P.
Last edited by marty8084 on Sep 10, 2012 04:09 PM
in response to what jerrym265 said about Nationwide Transfer in Ozark,MO I have worked for this company from its inception, and I would like to make a few points that are obviously missing. When a representative talked to him (or her) on the phone they stated they were unhappy with their timeshare either because of the outrageous fees, or because they were lied to when they bought the timeshare. It was pointed out that there is NO resale market for timeshares, folks literally try to give them away on ebay and are unable to. We let them know that we were not going to buy, sell, or list their timeshare but we offered services to help disgruntled owners get out...and yes it costs money. they knew this coming into the seminar. they would not have been there if they were HAPPY owners. Our seminars are focused on owners wanting to get out of maintenance fees, special assessment fees, mortages and everything else. Most of the owners that go have already been through the process with other companies promising to make a profit for them by buying or selling it for them...that is inpratical, there is not resaleing timeshare and everyone knows it.these companines are trying to make a buck off owners demise and unfortunate situations. we are not, we host seminars to inform owners on what WILL work and what WILL NOT. If the gentleman was quoted $4995 then he should have taken it. there is not much room for profit on our end after lawyers,transfer fees, ETC,ETC we look at each individuals and let them know what will help them in the long run. This IS an upfront fee, however, the process is started that day they will literally walk from the seminar without the burden of owning a timeshare, the actual process taken to relieve them takes alittle time which is were the 100% refundable guarantee comes in. If we are not able to finalize everything through and through then we WILL give the miney back...unlike other companies which make you count it as a lose. We are in the business of helping people as opposed to hurting them. We DO have to get rid of them ourselves and we do have corporations that take them from us.....it would be foolish not to, after having taken over the contract/deed we're responsible now for the fees that incur from it. we take over thousands and pass them off to corporations who in turn use them as employee incentives and bonuses. What I have to say is this, jerrym265 was given an oppurtunity to finally rid themselves and their family of the timeshare burnden at the county and resort level from a reputable company and they passed it up. The price quoted him is reasonable considering the other options are passing it to a child who probably didn't want and would have to take over the burdens, or going through the cycle of using other companies charging $400-$2000 to "list" it which never works with any percentage of sucess, and continue to lose money in the process. Doing the math of the years of non-use, the years of re-occuring fees, and money lost on companies saying they'd sell it, it adds up to far less than qouted for something that IS guaranteed with a 100% sucess rate. All I can say, is do the math, do the research, and hopefully we will be back in the area relatively soon and they would have reconsidered and will use the services next time. Our seminars are non-obligatory, its not high pressure its simply informative educating owners and giving them the tools necessary to make an educated decision on what they can do to get out of their trap which is the timeshare. Whether they use what is offered or not is totally up to them.
Cynthia D.
Last edited by marty8084 on Sep 10, 2012 04:09 PM
The above post is a scam ad .... don't even think about going with a scam like this.
BTW, there's no way on God's green earth that you can get a timeshare owner out of their legally signed contract unless you're operating some sort of Viking Ship scam .... resorts are turning down taking those contracts leaving the original owner still owning the timeshare and all fees involved.
Take your scam elsewhere. YOU will be reported to Redweek.
R P.
Last edited by marty8084 on Sep 10, 2012 04:09 PM
It is exactly the script the post card companies use. They use scare tactics like telling people that their children will be responsible to pay maintenance fees after they die. That's a complete lie. No one can force someone to take something they never agreed to. Yes a person can leave it to their children in a will but nobody can force that person to take possession of it. There are many ways to rid yourself of a timeshare without paying thousands of dollars upfront with no guarantee that it will transfered out of your name. Once you pay their outragious fee than you will have many sleepless nights wondering if you did the right thing or lost your money to a scammer. Your choice.
Don P.
Last edited by marty8084 on Sep 10, 2012 04:10 PM
Scam, not accredited with the BBB. Timeshares sell a product they sell air for $5000 grand. Lie they do not sell to corporate clients, they pay a attorney $400 to write a letter and give it to a timeshare guy who posts on a site and they sit there, than go on ebay for $1.00. So if you want a buck do it yourself, these companies are popping up and robbing people. There are no laws governing these types of companies where timeshare there is. Yet that is. They are small start up in a back room companies, and they also do register legally with all state laws where they operate.
Amy B.
Why would I spend money with a company that doesn't even know how to use spell check? Reading your rebuttal makes me terrified to trust you. You seem and sound uneducated, not a prominent successful business. Can't even afford a secretary that proof reads? Run people, run!
Lori E.
It's true that no one can be required to accept your timeshares from your estate BUT that means the property and the maintenance fees remain obligations of the estate, which will reduce the amount available for heirs. See this article by a Colorado attorney: http://legacyplannerblog.com/2012/05/21/timeshares--a-toxic-asset.aspx
Gary W.
Once the estate is settled there is nothing for anyone to get money from. By the time a timeshare would learn that the owners are deceased most estates would be long settled besides the time and expense an HOA would have to spend tracking down the estate and filing legal papers. It's not cost effective. No one can force an heir to take ownership and responsibility. If the owner dies just let it go into default. There is no law that says you have to notify the HOA that the owner has died.
Don P.
Last edited by donp196 on Oct 13, 2013 07:26 AM
donp196 wrote:Once the estate is settled there is nothing for anyone to get money from. By the time a timeshare would learn that the owners are deceased most estates would be long settled besides the time and expense an HOA would have to spend tracking down the estate and filing legal papers. It's not cost effective. No one can force an heir to take ownership and responsibility. If the owner dies just let it go into default. There is no law that says you have to notify the HOA that the owner has died.
You are correct that heirs are not forced into taking ownership of a timeshare, but the estate is responsible until all debts are settled. It would be in the best interest of the executor to notify the resort of the death of the owner and to ask what obligations the estate is responsible for.
R P.
You could donate it IF the charity would even accept it ..... they only accept those that they can turn around and sell ..... however they will charge you hundreds to thousands of dollars to take it.
Other than that, if you merely want out of paying yearly maintenance fees, you could offer to give it away ..... some people even offer to pay closing costs ..... just depends on how desperate you are to rid yourself of your timeshare.
R P.
Upon retiring in 2001 we purchased a timeshare in Destin, FL. As most of us know, we never had quite enough points to go and do what we wanted so we bought more. Soon we had several points and were able to go and get mostly anything we wanted. We thoroughly enjoyed our trips and went places we otherwise would not have gone. Then age and Illness happened and when we approached the company about our choices we were totally ignored except to leave them with our children. But we knew that would not happen as each child has their own ideas of vacationing. We had promises from a couple companies but once they got our money we never heard from them again and would not answer our calls. Just a bunch of broken promises. Then one day we received a call from Nationwide Transfer. We attended their presentation and felt very comfortable. with them. We now are timeshare free after 3 or 4 months. They did what they said they would do. I hope the couples we have met at condos along the way will have this opportunity. We met many people over the years that need Nationwide's help. Hooray for Nationwide Transfer!
Tom & Pat Indiana
Na N.
We made some poor decisions and bought more points that were supposed to help us with maintenance fees. We had way more points than needed which made our maintenance fees unaffordable. We did not want to leave this problem to our children and wanted out of the situation altogether. Nationwide Transfer did get us out of our timeshare, and we no longer have to worry about our children inheriting a debt/burden.
Mrs. Kirkland.
Na N.
