Lenders Acquisitions

Has anyone been contacts by a company known as Lenders Acquisitions interested in selling your timeshare?

mary3023 wrote:

Has anyone been contacts by a company known as Lenders Acquisitions interested in selling your timeshare?

If they contacted you out of the blue, then chances are that it's a scam operation.

Regardless of what the company name is, never, ever pay anyone a large, upfront fee to sell, rent out, market, or "cancel" your timeshare.

Are they offering to sell it for a lot more than what is realistic? If so, then it is probably a scam. In operations like this, what they usually tell you is that they have found a buyer for your unit or they are lurking at some large convention in town with potential timeshare buyers. Then, when they say that they're ready to finalize this deal, they'll tell you that they need some sort of fee or tax to complete this deal.

Whatever money you send them will be as good as gone.

Besides, why would a company with a name like Lenders Acquisitions be in the business of selling timeshares?

We figured they were a scam and we were scammed by a company called Diamond Interval last year. Thanks for your comments.

Thanks for your info. We figured they were a scam. We were scammed by a company called Diamond Interval last year, too. Did you do anything to try to get your money back? These are tricky scam artists. I guess if anyone wants money up-front, they are a scam company.

mary3023 wrote:

I guess if anyone wants money up-front, they are a scam company.

Exactly !!!!!

We were contacted by a man Bruce Stevens that told us that he had sold our time share for 12,500.00 I think it is a scam can any one help me we have already been scamed once by another Man named Ron, Called Buy a time share .com

lindab1133 wrote:

We were contacted by a man Bruce Stevens that told us that he had sold our time share for 12,500.00.

How could this person, whom you don't know and with whom you've never had contact before (I'm assuming), have sold your timeshare?

That makes no sense at all!

lancec13 wrote:

lindab1133 wrote:

We were contacted by a man Bruce Stevens that told us that he had sold our time share for 12,500.00.

How could this person, whom you don't know and with whom you've never had contact before (I'm assuming), have sold your timeshare?

That makes no sense at all!

It's a scam, period ..... somewhere along the line he'll ask for an upfront fee .... that's all he wants then you're history.

Hello! This is Bruce Stevens account manager representing Lenders Acquisitions processing... I was prompted and obligated to respond to these questions and inquires since my name was mention. First, all responders to these questions have NEVER done business with our company yet seem to assume we are a typical internet listing agency and are a scam. Which is not the case! If this were true even without a accredited membership with the BBB (which we don't have nor is necessary to have) they would have created an account for Lenders Acquisitions and you would have seen complaints. However, you will find no complaints which takes less then 5 minutes to register with BBB and thats simply because we have a risk free system and arrangement for our clients. We actually have nothing but good responses from all that have ACTUALLY DONE BUSINESS WITH US as you will see. Also to address why a company called Lenders Acquisitions is facilitating this kind of service is simple... it's because we work with the Lenders that are willing to finance for vacation property and we provide a credit worthy applicant through our marketing affiliates procuring a committed purchaser. In addition, how do we know what our prospective clients own and have it sold? In answer...well most of our leads on property come from you the prospective client whether it was an old listing with a advertising company or easily obtainable public information that we are looking for to match up to what our prospective purchasers are looking for. It's unfortunate that other company's have brought on this skepticism, but it's unfair to us and certainly to you to decide not to do GOOD business with a GOOD company based on predicated false assumptions from people that have never done business with us. So please refrain from leaving comments that aren't true about this company. We are trying to make a difference one customer at a time. Thank you... Bruce Stevens

Bruce take your scam machine somewhere else and look for victims. People in here are smart enough not to fall for your scam. Lindab stated that you contacted her and said you had a buyer for her timeshare for $ 12,500. We all know that scam in here. Go peddle your garbage somewhere else. You sound just like BJ Cooke who ran a scam called PRL and came in here just like you pitching his scam to new victims.

People in here know better than to fall for this stuff. Just remember what I told BJ in these room: everything you post will be used against you in a court of law.

We appreciate everyone that ignores this person above... its truly unfortunate that this person who has never done business with Lenders Acquisitions continues to bash our company with nothing to prove his false statements! Its simply unethical for someone to directly assume that a company is like another ... yes " I think this discussion would be a lot more helpful to inquires if there was truth behind these direct and slanderous statements. Also, if we had contacted a prospective seller with an offer then "yes" we were looking for matching inventory for our purchaser. We back everything in writing versus what many of our clients have dealt with in the past with simply over the phone promises that don't match up to what the company truly renders. Anyone that is in the inquire period and wants factual answers to these questions please call our offices. We only ask that this forum is fair to us and even more importantly fair to you... as we all know there's good and bad companies. Furthermore, lets not allow the bad ones to cloud our judgement or hold us from doing good business based on past negative experiences "I think we all are smarter then that in here." Thanks for your understanding and again please refrain from speaking without fact. Thanks Again, Bruce Stevens

Any person/company who claims to have a buyer for a timeshare you have posted for sale should not require the seller to pay any fees/taxes/title search/etc upfront. In general anyone representing someone else for a real estate transaction needs to be a licensed broker. A contract should be sent and everyone needs to agree who is responsible for various costs/commissions. The buyer sends the money to an independent escrow account and the closing company transfers the deed. After the escrow company verifies that the transfer is complete everyone is paid and sent their portion from the escrow account. If the buyer is asked to send money or a check or give a credit card for anything at anytime, there is something wrong.

Sorry we have missed an opportunity to do business. We stand behind our service here at Lenders Acquisitions. It's truly a struggle for clients that have had bad experiences with other internet listing companies (which we are not).. We also suggest you do not pay upfront to internet listing companies as we find most never sell that way and its a waste of time and money. Our services are different as we explained and we provide our clients with insurance with a no risk no lose arrangement. Sorry our time has past and your account has been taken by another owner, but we thank you for your time. Thanks, Admin

It's a SCAM. They will ask for an " appraisal fee " or some sort of " fee " before the deal can be completed. If you are foolish enough to believe these shills then have an attorney read over any paperwork they send you. There will be small print that obligates you to pay them money for doing absolutely nothing. They hook you by claiming they have a buyer and then they reel you in with " fees " that need to be paid upfront. Don't fall for their scam and deal only with a licensed real estate broker.

Since these shills claim to be legit I expect them to post their actual business location so it can be verified. The names of the owners, the date the company was formed. Phone numbers of officers and license number for the business in the state they are registered. If they refuse to post this information then they are absolutely SCAMMERS.

donp196 wrote:

Phone numbers of officers and license number for the business in the state they are registered. If they refuse to post this information then they are absolutely SCAMMERS.

You might find some rather "interesting" information about this company here:

http://www.merchantcircle.com/business/Lenders.Acquisitions.Corporation.888-236-7074#feedback-reviews

PS, Try not to laugh.

Once again we have this person Don that has nothing better to do then make false allegations about our business practices. I'm sure Don has been taken by some sort of internet/ advertising company and now has decided to take it out on every company that exist in the timeshare industry. We are sorry for those that have had negative experiences and only wish to change what we can here. Please take your time and make sure what the company says matches up to whats in writing -- this is the number one thing we have seen with these other companies that consumers fail to do. If there's no recourse in retrieving or refunding your money back through the companies arrangement or bonds (if there out of business) then don't do it. If your doing business with us we also have a legal department that can help you retrieve the money you have prior invested. We are asking nicely once again please do not slander our company!! We understand anyone's skepticism ... that's always welcome but take your time and look over what your paying for first. Paying for an internet listing 99.9% of the time will not sell your property however the people at those companies general promise they have a seller with no guarantee and there contracts says nothing about brokerage and that all they do is advertise it through multiple search engines and that's it---Unlike us--- we back up everything in writing with an arrangement that protects our consumers. Hope we helped ... I will no longer address any responses that are stereotyping that all businesses in this industry all exactly the same and are unwarranted. Thanks Again, Bruce

Don't fall for their scam. I'm waiting for them to post their location. They hide behind the internet and will disappear with your money. Read the Point Rental Liquidator thread. It's the same type of scam. They come in here with their false claims. Don't be their next victim. A fool and his money is soon parted.

They claim there is no upfront fee so why is Bruce caliming that you see what you are " paying for ". It's a scam people.

I think I've heard this kind of stuff before somewhere??? Is B.J. Cooke in this room also? I hope not.

Bruce, What does your company "do" that a seller should pay you for and need a money back guarantee? If you find a buyer great, write a contract and get a commission from the buyer for from the proceeds of the sale that you get when everything is complete. Why would a seller need to pay you before receiving the proceeds from the sale and why couldn't the escrow company pay you directly your commission.

And by the way you are incorrect- more and more companies offer money back guarantees and 99.9% are worth less than the paper they printed it on. If you are reputable you aren't doing anything upfront different than any other scam company out there. If you did business the way reputable companies do by collecting your commission after the fact from the proceeds from the buyer and not collecting fees from the seller by way of check, CC or other electronic payments you wouldn't be lumped in with the scams and you would have more legitimate sellers praising your business model and recommending you to others. But really there aren't tons (or any) of "real" buyers out there who would buy timeshares for thousands of dollars if they could only get the financing.