An eBay nightmare...

[jgtragesser Junior Member Find all posts View Profile Close jgtragesser]

Vistana's Beach Club 2BR Timeshare Oceanfront Florida
Deeded, Gold Crown, Sheraton, Floating week Item number: 320248790410
Ending May 15

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I am experiencing a nightmare purchase from bogieman200( 8 ) ... I made the only bid and now I feel as though the rest of the world knew a secret of which I was unaware... my purchase price was GREAT ($1)... it is the $400 which the seller wants to collect for unspecified 'closing cost'.... Plus... the seller will not provide an identifying address or telephone number...
Seller will not provide a purchase agreement..unit is not identified in listing by number & week..seller
will not provide copy of deed nor will seller identify recorded deed's book & page numbers..seller
will not identify transfer agent nor will seller use a bonded & licensed service..seller has not paid
current year's annual maintenance fee & therefore, resort will not transfer title..seller will not
use escrow service..eBay online help suggested I not proceed with purchase..

eBay is GREAT when all goes well... but when problems occur, it is cumbersome and a nightmare to resolve... Joe Tragesser... jgtragesser@yahoo.com

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

So did you send the seller his dollar in cash or did you use a cashiers check?

[Sydney Contributor - Bronze Find all posts View Profile Close Sydney]

Do not proceed.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Didn't the name "bogieman..." make you suspicious ?

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Real estate trans actions are not binding on ebay. Walk away.

[zdxlc9p6 Senior Member Find all posts View Profile Close zdxlc9p6]

I don't want to sound too harsh, but several concerns you mention should have been addressed by using "ask seller" before you placed your bid. I suspect you didn't think you would get it for $1, and now that you have won, suddenly realize how vulnerable you are to loosing $401.

it is the $400 which the seller wants to collect for unspecified 'closing cost'...
This is mentioned twice in the listing.

. Plus... the seller will not provide an identifying address or telephone number...
He will need to do this before you can send your $1, or $401.

Seller will not provide a purchase agreement.
Seller should provide something.

unit is not identified in listing by number & week.
This is not unusual; just needs to be on the deed.

seller will not provide copy of deed nor will seller identify recorded deed's book & page numbers..seller will not identify transfer agent nor will seller use a bonded & licensed service.seller has not paid current year's annual maintenance fee & therefore, resort will not transfer title..
RED FLAG!

seller will not use escrow service..
should have been asked before placing bid.

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

Joe

I will walk away since there is no easy way to establish a trust between you and seller.

Jya-Ning

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Could also be that the seller suddenly decided that he really didn't want to sell for $ 1, and wants to tempt you to walk away.

[JudyS Senior Member Find all posts View Profile Close JudyS]

This sounds like my very first timeshare purchase (which was from Bidshares.) Couldn't get information from the seller, found out after the auction that the $375 "closing fee" was to be paid to him for him to fill out the paperwork (this was my first purchase, and I though "closing fee" meant a fee to be paid to an actual closing company.)

After I argued with the guy for a while, he got frustrated and simply transferred the deed to me before I even paid him, just to get rid of me -- at which point I paid him the entire amount of the transaction, including his so-called "closing fee." I think the total was about $800. The deed seemed good; I still have this timeshare.

There's no way to know if this guy is on the up-and-up (especially with a feedback of only 8), but it's not guaranteed that he's trying to trip you off. I do think you're entitled to unit information in writing and a signed purchase agreement before sending any money. You could offer to write up the purchase agreement yourself.

[klynn Senior Member Find all posts View Profile Close klynn]

If you want to call him just just get his contact information by logging into your ebay account and going here:
eBay Search: Find Contact Information