Additional Information for Luxury Title & Escrow Agency, LLC

BBB has recently experienced an increase in consumer complaints regarding timeshare resellers, particularly among consumers who own timeshares in Mexico. In a typical timeshare reselling scam, “brokers” solicit a timeshare owner, claiming to have buyers lined-up to purchase the owner’s property. After requesting an up-front fee (often under the guise of “taxes” or other transaction fees and usually paid via wire transfer), the supposed brokers disappear. 

BBB offers these tips when trying to exit a timeshare holding:

Research any business and its owners carefully before paying any money. Check the company’s BBB Business Profile at BBB.org.
Contact the resort that originally sold you the timeshare to see if it has a deed-back program.
Before paying anything, make sure you have a signed contract outlining what is to be done, a timetable and an explanation of what happens if the business or the consumer doesn’t comply with the agreement.
Be wary of anyone claiming that they have a buyer for your timeshare or who promises to rent your timeshare, especially if they ask for an upfront fee.
Pay with a credit card in case you need to challenge the purchase later.
If you feel you have been misled, file complaints with BBB and the state’s attorney general’s office.