Silver Prime Properties - Yay...or...Nay?
April 23, 2013
Jack asked a question the other day:Hi: Bob/MaryannThank you Jack. The answer is we have not heard of this company, but we will check for you.
I'am a Grand Luxxe owner not yet a member of Aimfair (from Canada not signed up with paypal) will be shortly.
Today I first received a phone call then an email from a company called Silver Prime Properties looking either to rent/but my Luxxe weeks.
Has anyone else been approached by this organization, or if they are legitamate?
What we found is a possible link to another company, which is known to be questionable. Consider the following from Redweek.com:
Beware Scam Companies: Platinum Realty Exchange and American Title Escrow ServicesWe have heard of both these companies. Not in a good way.
Beware, these guys are slick with words, quick with answers and professional with inciting your involvement. Documents they supply look and feel real.
Got called requesting whether I wanted to rent my timeshare in Mexico. No upfront fees by the contract agent. When the escrow company comes into the picture, they have a combination of fees as you progress closer towards getting our money. As they add fees for you to put up front, they incite you by saying that the purchaser has been contacted and deposited the equivalent amount of money so that you will get it back. They explain that it's all about the purchaser looking for tax savings that he is willing to pay the large rental fees and all other outlays. I was approached to pay Mexican government taxes and, transfer fees. Yet, they sent all documents that looked like real government documents, true deposits in escrow accounts from the purchaser and even investigating in the internet, they seem to be on the ball. Discussions by the escrow company and contract agent seemed to difficult to not believe it is all legitimate.
Stay away from the contract agent who solicits you with a rental and/or purchase contract called Platinum Realty Exchange and the title escrow company called American Title Escrow Services. They baited me for thousands of dollars. Funny thing is now there is another company calling me telling me that they can pay me a high price for the selling of my timeshare. Yet when they sent me the contract, customer service guarantee and transfer process, the documents were almost word for word identical between the two different companies.
The details of the companies that scammed me and I recommend you avoid are:
American Title Escrow Services
309 West Washington Street
Chicago, Illinois, 60606
312-379-8735 & 312-379-8736
Toll free number (USA customers only)
866-978-4611
Fax number: 773-654-4896
www.americantitles.com (Note: This website no longer exists.)
Names involved: Anthony Smith, Stephen Edwards, Brian Jones, Andrew Walsh, Amy Fuentes, Anthony Franco
Platinum Realty Exchange
6429 Richmond Avenue #130
Houston, Texas, 77057
Toll Free: (866) 978-0539 Direct Line: (713) 568-9630
(713) 568-9631 Fax: (713) 929-2098
customer at platinumrealtyexchange.com
info at platinumrealtyexchange.com
www.platinumrealtyexchange.com (Note: This website no longer exists.)
Names involved: George Kennedy, Michael Hernandez, David Lopez
Source: http://www.redweek.com/forums/messages?thread_id=11939;page=23;query=
But most importantly, the telephone number used by Silver Prime Properties (312-379-8736) is the same one used by American Title Escrow Services (312-379-8736). Coincidence? OK. Things happen.....sometimes....but very infrequently.
To maintian your sense of alert, listen to this conversation between a fellow who steals the identity of legitimate individuals for short periods of time and then offers to buy weeks from owners of timeshare contracts. Simply save the following file to your desktop and open it in your media player: https://www.aimfair.com/dl2962
To understand the whole story, follow this link: https://www.aimfair.com/T-PSFeb142013
Thank you Jack. We appreciate hearing about companies that might not be ethical.
Follow the advice of many of our member/contributors:
- If you are convinced the company you are dealing with is legitimate, do send documents through a courier service (Federal Express or UPS) or through the US post office - Certified Mail with return reciept requested upon delivery.
- Do not send money in advance for any reason. You will never see it again.
- Require that all monies due from Seller be deducted from the proceeds of the sale.