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Is travelmktgworld.com a legitimate timeshare company that

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made an offer to buy...
Is travelmktgworld.com a legitimate timeshare company that made an offer to buy my timeshare?
Submitted: 1 year ago.Category: Real Estate Law
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Answered in 8 minutes by:
8/19/2016
Real Estate Lawyer: Ray, Lawyer replied 1 year ago
Ray
Ray, Lawyer
Category: Real Estate Law
Satisfied Customers: 44,548
Experience: Texas Attorney for 30 years dealing in real estate
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Hi and welcome to JA Ray here to help you.

This company is not legitimate.They have scammed several folks.I would not do business with them.

Reference

Travel Marketing World, LLC, supposedly operating from Princeton, NJ and working in conjunction with Colonial Title, Inc. out of Athens, GA. Travel Marketing makes the first contact; Colonial Title supposedly handles the money. I’ll concentrate on Colonial, since if one of the companies you’re dealing with is a scam it stands to reason that its partner is also less than legitimate.

Keeping it simple, a company named Colonial Title was formed on 09/23/1999, and later administratively dissolved on 08/26/2011. It was reinstated in January of this year, but not by the original owners (it only cost them $250 to reinstate the corporation). This is a common tactic used by the scammers to make themselves look legit. Note that the website has only existed since February 2016 and will expire in February 2017 — not a convincing sign for a supposedly well established company that claims to have been in business since 1999.

So with this gang you’ve got a company that was dissolved then suspiciously reinstated years later and another company (Travel Marketing) whose legitimacy is questionable. Note that the addresses provided by both companies are suspicious as well. Still want to do business with them?

- See more at: http://www.insidethegate.com/gatehouse/2016/05/mexico-timeshare-fraud-may-14-2016/#sthash.Yk18zaNq.dpuf

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Real Estate Lawyer: Ray, Lawyer replied 1 year ago

More recent scamming

Travel Marketing World, LLC., who claim to be from Princeton New Jersey (affiliated with Colonial Title in Georgia). According to a comment on the FTC blog, they are asking for a $3,000 Mexican SAT tax to be paid by in advance by wire prior to closing, which is a classic danger sign of fraud.

https://mexicotimesharescam.wordpress.com/2016/04/

I would not do business with these guys at all.

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Real Estate Lawyer: Ray, Lawyer replied 1 year ago

You might want to consider giving it away here is how to do that..

http://www.tugbbs.com/forums/showthread.php?t=132509

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Ray
Ray
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Category: Real Estate Law
Satisfied Customers: 44,548
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