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Business ProfileforChase Escrow Services
Current Alerts For This Business
Based on a review of this entity's website, BBB has reason to believe they are not located in Burnsville and are likely part of a fraudulent timeshare reselling scheme.
Over the last few years, many companies claiming to be
located in the Midwest and purporting to offer timeshare reselling
services have proved to be fraudulent foreign entities with no local
presence.
People who are hoping to sell timeshare properties
should be aware that requests to pay money upfront are usually the sign
of a fraudulent operation. BBB offers these tips to those seeking to
sell their timeshares:
* Be realistic. In regard to timeshares,
it's generally a buyer's - not a seller's - market. Unscrupulous
timeshare resellers may contact you claiming that your property is in
demand and they can sell it immediately; unfortunately, these promises
often prove to be false.
* Be Wary of Upfront Fees - Consider
opting for a company that offers to sell for a fee only after the
timeshare is sold. Many complaints to BBB regarding bogus timeshare
resellers involve situations where people were told they needed to wire
"advance appraisal fees," escrow funds or that they just had to pay
closing costs and their timeshare would be sold. Never wire or transfer
money to people you don't know.
* Use a Business You can Trust -
Make sure the timeshare reseller you use is a BBB Accredited Business or
at the very least has a good rating with BBB. You can research
businesses for free at bbb.org.
* Confirm Licensing Requirements -
Some timeshare resellers will use fake addresses or PO boxes in order
to mislead timeshare owners. Confirm where the company is located and in
what states it does business. Ask if the company's salespeople are
licensed to sell real estate where your timeshare is located. If so,
verify this with the state licensing board.
* Get the Facts on
the Figures - Find out if the business charges a commission. Do they
handle the entire closing and provide escrow services? Do they charge an
upfront listing or advertising fee? What does it cover and is it
refundable?
* Don't Fall for the Hard Sell or an Offer that
Sounds Too Good to Be True - Don't agree to anything over the phone but
instead ask the salesperson to send you written materials; take the time
to think it over and don't be pressured. You may want to have an
attorney review any purchase agreement. However, know going in that BBB is aware of situations where consumers did just that and the documents were so convincing their attorneys said they checked out - when in fact the agreements were fraudulent.
*Watch out for
third-party companies. Fraudulent timeshare reselling entities often
associate with alleged third-party title or escrow services. Be sure to
research those companies as well. If you can't find any information on
them, that might be a sign there's a problem.
Additional business information
At-a-glance
Related Categories
Business Details
- Location of This Business
- 2140 W Co Rd 42, Burnsville, MN 55337
- BBB File Opened:
- 6/22/2018
- Business Management
- Owner/ Manager, Principal
- Contact Information
Principal
- Owner/ Manager, Principal
Customer Contact
- Owner/ Manager, Principal
- Additional Contact Information
Fax Numbers
- (507) 512-1371Primary Fax
Phone Numbers
- (507) 322-3118Other Phone
Email Addresses
- Primary
- (507) 512-1371
Customer Complaints
0 Customer Complaints
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