International Timeshare Network


Country United States
State Bangladesh
City Altamonte Springs
Address 445 Douglas Ave
Phone 877-312-8966
Website www.intnltimesharenetwork.com

International Timeshare Network Reviews

  • Mar 5, 2015

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that “Freedom Vacation” had gone bankrupt and then he drove us to their ociffe in Los Cristianos, to confirm this, the ociffe was vacant. My wife and I were distraught that our savings of 6 months previous were gone and we had nowhere to officially stay in Tenerife.We returned to BHC where we were told that all was not lost. Mr Gordon made an appointment with us to visit the Sales Team ociffe. We were desperately unhappy when the sales team told us our a311,000.00 paid to Freedom Vacation was lost, but Mr Gordon reassured us that we would get this amount of money back, plus a lot more by investing a325,000.00 in their scheme. We stayed with Mr Gordon from around 10.00am to about 5.00 – 5.30pm that day. We were treated in a very kind manner and the staff were very sympathetic and told us not to worry as we were almost in tears at our predicament. We gave Mr Gordon a lot of information about our private lives, my job working overseas, our finances, savings etc after being asked in confidence to impart that information. We were often referred to a Mr Carl . the manager of Mr Gordon, who reassured us that what was being offered was genuine and was probably the only way to get our money back. They treated us as if we were all friends, acknowledging other clients at the same time, and assuring us that they would look after us, saying how terrible it was that the other company had taken our money.We were shown Newspaper clippings, brochures and a video of on-line information of how large and reputable their company was. They stated that there were only 5 timeshare companies in the world that could re-sell a timeshare and were legally entitled to sell them on. They berated all the other companies that gave timeshare a bad name. They showed us all the alternative holiday destinations in USA, Caribbean, Dubai and other locations. We spent a considerable amount of time being told how the repayment system worked and the best part was that they would send us a cheque for a33,000 plus for rental payment, to pay for the first year`s repayments. We kept some of the explanatory notes written by Mr Gordon so that we could discuss them privately when he left us alone at his desk.We were constantly bombarded with sales talk and at this time we felt compelled to stay as they had given us free accommodation.When we asked questions about the “investment” and how we would get money back, he said other people like us joined the scheme and normally within 18 months the sale would go through and it never really extended beyond that period. The money invested gained interest and that is what we would gain. The new “Investors loan” like ours, would be passed on to us to pay off the loan we`d taken out through Barclays Finance. When asked why he (Mr Gordon) didn’t do this scheme himself to make some money ie. take out a loan and do the same as he was telling us to do, he replied that it would be insider trading and it would be illegal for himself and the staff to participate in this scheme. He proudly showed us his $ 1 million dollar sales trophy he had won, and his family home photographs in Tenerife which he said the commission pays for, so we both gain from the transactions. What they told us was very plausible but we were getting tired and uncomfortable after being in the ociffe for so long, with the process seeming to be prolonged with bouts of business talk, social chatter and being left alone, waiting for the next piece of information.We were often pointed towards other people, some quite elderly, who we were told, come back year after year and it was a source of income to them. We were never introduced to these other clients and we never had the opportunity as we seemed to be escorted or “looked after” when we went outside for some fresh air. My wife and I never seemed to be left alone except at Mr Gordon`s sales desk with other staff hovering around.We were informed that because I worked overseas and I personally could not guarantee being available for a holiday at a fixed time, this could be fixed for us to take a holiday if we gave them some advanced notice. Asking about if I could not make a holiday week, I was informed they could rent our week out and we could get extra payment for that and we couldn’t lose. It never occurred to me that if they were re-selling after 18 months this should not be an issue and this point was not mentioned by them.After what seemed to be a very long day, they asked us for our credit card to verify we were creditworthy. They took the card away to carry out credit checks on us.My wife and I knew we were ok for a credit check as we did not owe any money to anyone and we had already informed them that our house was paid for with no mortgage and we had no debts as we pay cash for everything. When the credit card was returned we were informed that all was in order and we were congratulated and escorted to a room containing a rather stern-looking gentleman. Whilst in this room the gentleman appeared very strict and orderly without any friendliness. He read out a long list off acts from a sheet and at the end he asked if we understood what he had said. We were fairly exhausted by this time and felt compelled with the atmosphere not to ask any questions. He placed the papers across the table, pointing where to sign. It felt a relief to leave the room afterwards and I said to my wife that this person seemed to be there, not to give assurance, but to get the business done and over with. It was not a comfortable meeting, and was in stark contrast to our treatment in the sales room. We were not told of any cooling off period before or after signing the final forms.That night I felt so sick and I hardly slept, the enormity of what we had signed for had sunk in. I felt totally stressed and this had all happened within 24 hours of arriving in Tenerife. The next morning Mr Gordon came to our room with a bottle of celebratory wine for us. I told him how I felt and he told me that this was a normal reaction to many of his clients and that it was alright and we would soon see the benefits and to relax and enjoy the remainder of our holiday, which he had arranged for the remainder of the week in Beverly Hills.I think at this stage we still didn’t understand the timeshare implications and what we had bought into. Our understanding was that we had taken out a loan, organised by Resort Properties, for up to 18 months, which we would pay off after they sold the timeshare and the interest would be ours. This scheme would continue year after year. We were not informed about maintenance fees or any other consequential costs except for the fact that we may have to pay up for a further 6 months after their initial “one year free payments” had expired (a33,000 plus), then the loan would be paid off. We received a maintenance fee letter in January 2009 which came as a total shock to us.After arriving home in the UK we received a cheque as promised for a33,000 + (cannot remember exact amount) for the first yeas repayments to Barclays Finance. This reassured us at the time that there were no problems.I returned to work in the Middle East on 21st July 2008 and did not see any correspondence until we returned home again in late December 2008. One letter from Resort Properties informed us that we had a cooling off period. The letter was not received by me between signing the agreement on the 7th July 2008 and returning to work on 21st July 2008, therefore I was not made aware of this fact that there was a cooling off period until it was too late.June 2009We returned to Beverly Hills in June 2009 for a short holiday and to visit the sales team. During this visit we were again pressured to sign for another investment of a324,950, a further loan, as it was pointed out that we could do this year after year as each loan was being paid off. I believed at that time that our initial investment would be closed in the stated time and this second investment would have no impact for the future as the profits from the first investment would cover any payment needed on this second loan.The Resort Properties rep, Mr Gordon, pointed out that as the first loan was taken out in my name, the second loan would have to be taken out in the name of my wife as my loan was still active after 11 months. I pointed out that my wife was a housewife and had no income of her own, he said he would sort this out as he knew a person at Barclays Finance. Again, it was a repeat process of the previous year, except it was speeded up once the credit rating was approved. We were treated with friendliness and familiarity and we felt as if we were part of the team, that we were there for the benefit of ourselves and the Resort company.The following day, Mr Gordon called upon us in our apartment and said he had a great investment opportunity for us and for us to go to the ociffe with him. When we arrived, he showed us a video that was being displayed on the TV monitors and some glossy brochures of the Sunseeker Boats that were only for investment with trusted customers. He pointed out that all the other people in the room were investing in the “Boat Scheme”. The other sales rep`s were pointing to the monitors and we noticed lots of people looking at videos like we were. We were taken to the Yacht Marina in Los Cristianos and given a personal tour around the boat. There were four boats moored up at the time. The skipper on the boat told us what to expect when we sailed out of the harbour and stayed on board living a luxurious holiday lifestyle.We were obviously impressed as the boats were in pristine condition and the skipper took photographs of us to show our friends and family. Other clients arrived while we were there.After a marine-side lunch with Mr Gordon, where talk was of the benefit and upmanship of owning a week on a luxury boat, we returned to Beverly Hills.We were told that if we didn’t want to use the week on the boat we could split a week, by example 3 days on the boat and 4 days in Beverly Hills. The days we didn’t use, he would hire out to wealthy individuals or more likely the corporate companies that were always doing business in Tenerife. He said we could get up to a31,000 (1,200 €) per day for renting our days out. For this I paid a31,000 immediately from my credit card, and then i paid a further a313,335 on my return to the UK. Again, Mr Gordon and Mr Carl pressurised us using the benefits of this deal as the incentive to sign up.We used all our life savings on this transaction form our long-term savings account. It was pointed out that every day the boat was hired out and after the first 2 years the profits were totally ours and we had this for life.We have not received any money from this investment and have never seen the boat since that day.September 2009We again returned to Beverly Hills for my birthday, early September 2009. During this time, Mr Carl approached us with another deal that had to be closed by the end of that day. He told us that a lady had a Presidential Suite that she needed to dispose of immediately as she was going through a divorce and needed to sell quickly. He initially asked for a310,000 for one week exclusive use of the apartment. I informed him that following the purchase of the Sunseeker Yacht week in June that year, i could not afford this. In the end he was talking aggressively as I was deliberating about this and he said that he could not get anyone else at this late stage and I felt responsible for this. My wife said she needed the money for a new car and Mr Carl tersely told her she could get a car at anytime. I was offered the apartment at a knock-down price of 8,340€ (a36,950) which i paid cash for by transfer from my UK bank. This occupancy I believe was for 60 years through my family.Following our visits to Tenerife Beverly Hills in 2009 I have not returned to Tenerife until now as I am afraid of visiting Resort Properties. Not a day passes in my life when I do not think of how I was duped by these unscrupulous people working in Beverly Hills. I have been suffering from depression and i am now treated permanently for hypertension brought on by the stress of what happened in Beverly Hills.It was never mentioned and it never occurred to me that I could still be paying off a loan and also my wife’s loan until I was 68 years old. As far as I was concerned, the resort representative said it would be, at the outside – 18 months repayments, which is what all the agreements and verbal assurances were based on.I swear on my child’s life that he told me that he had never had anyone lose money on his business transactions and we would be reaping the benefits of our arrangement for the remainder of our lives.GMK

  • Jul 30, 2014

Mr. Chet Palmer of Internatinal Timeshare Network called me and offered to rent or sell my timeshare. I signed 4 contracts totalling $3,632.00 on September 26/2011 and have never heard from Mr. Palmer or International Timeshare Network again. My properties are still on their website, if you can find them, but now their website says they are not accepting any more listings. Why? Are they actually shut down now? How do I get a refund for non-performance.

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