Velas Vallarta
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Category: Business & Finances
Contact Information United States
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Velas Vallarta Reviews
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Brn55
January 7, 2011
Timeshare fraud
On November 20, 2008, we were on vacation in Mexico and went to a timeshare presentation at Velas Vallarta. We were told we would get a free breakfast and tickets to an excursion of our choice. We should have said no and walk away; stupidly we didn’t.
When Mr. Jerry Ey, our sales rep realized we weren’t really interested because we already owned a timeshare through Interval International that was all paid for in full, he started throwing scenarios at us about buying at the Velas Vallarta, VV would rent our room out while we were not there and receive a BIG amount of money, which we would get back and could use to make our monthly payment, or several payments at once. He said they did that for all their timeshare holders, now I realized that they have scammed all their members with the same lies.
Monica Dallegrave ( [email protected]) is aware of my situation with the resort but she has offered a membership for the monies that I have paid so far, AN USELESS MEMBERSHIP. Do not buy anything from these people.
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C McNeff
September 25, 2009
Resale of My Timeshare
I received a call from Vacation Property Services on 9/12/09 regarding a timeshare that my husband and I have for sale. The man that called said his name was Don Rice and he had a buyer for our property. He sent me a Letter of Intent signed by the buyers and a witness. My husband and I had to sign it and send it back. We also had to send $286.82 by Western Union (money in minutes)for the taxes and title search. I sent the WU on 9/15/09 in the amount of $322.82 which includes the WU fee of $36.00. After sending this, I received another call from Mr. Rice on 9/17/09 stating that the taxes would be an additional $86.32 and I need to send it right away by WU again by (money in minutes). The total for that one was $102.31, including the $15.99 fee. In both cases the WU was to be picked up by a Duane Bean, owner of Vacation Property Services in Holly Hill, FL. We were to receive a package from Fed Ex on Friday, 9/18/09 between 3 and 5 pm for the settlement. I left work early and turned down overtime to come home, so I would be here when the package arrived. I did not receive the package on Friday and have been trying to contact Don Rice and no one will return my call. I have left 5 messages since 5:00 pm Friday. I would like a full refund for the $425.13 I have spent on this transaction. The phone number for Vacation Property Services is 757-470-2768 the address is 4001 Va. Beach Blvd., Va Beach, Va 23450.
Sincerely,
Carolyn V. McNeff
308 Carolina Pines Court
Leicester, NC 28748 (Less)
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Helen
July 15, 2009
Really bad bussines
I welcome this opportunity to address this horrible experience; and tell to anyone that reads my public complaint, that we were DECEIVED AND LIED TO with DECEITFUL SALES PRACTICES from VELAS VALLARTA SALES STAFF. As soon as we got off the plane we were approached by a man who offered to us a �free breakfast� at the property known as Velas Vallarta. As we arrived at Velas we were greeted by a salesman named Morgan. He made a point of telling us he also is Canadian and that he would look out for our best interest and takes care of us. While talking and discussing about this �new concept� of fractional ownership we were told that we could vacation at any of their properties and only pay membership fee when we used our vacation week.
Initially, Morgan tried to sell us one of the fractional ownership weeks at Velas for $45, 000; but we declined because as we already owned 2 timeshares and we could not afford it. We were extremely pressured and reminded of the benefits of fractional ownership over regular time share ownership. They then came back to us offer that if we purchased their property for $35, 000 that they would purchase both of our existing timeshares, so in the end we would only have the Velas property.
Finally, with an offer of $15, 000 to purchase their property and after much PRESSURE, morgan guaranteed they would assist us in selling our timeshares through a company known as Regal Rentals and Resale. it would be no PROBLEM; it is very easy to sell both of our timeshares within 30 � 60 days. it was too good to be truth, we were very tired, and so we decided to sign the paperwork.
A couple of days after returning home, we tried numerous times to speak directly with a representative from Regal and had a great deal of difficulty. At this point we noted at least 12 timeshares from each place that we owned timeshares; so we realized our timeshares were not going to have a good chance of resale through Regal. At this point we started to get worried and we tried to cancel our contract, they told us that we would lose at least 50% of the $15, 000 US purchase price.
At this point, we started to get worried and we went on the internet and googled the name VELAS VALLARTA and to our surprise, site after site and page after page the words Velas Vallarta was followed by the word s ��SCAM� and �FRAUD�. We were shocked that there were so many others dealing with the same situations that we are dealing with.
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Thomas
April 15, 2009
Scam
STOP! THIS IS A SCAM! This is not a reputable company! If you have already bought in, it is too late. You will not be able to get your money back. The PROFECO amnesty for buyers is over. Face the fact that you got suckered by another generation of con-men (the one before Doug Lockett got his thumb cut off by a dissatisfied customer so he couldn't sign anymore contracts, and subsequently retired). DO NOT ATTEMPT TO SOLVE THE PROBLEM BY THROWING MORE MONEY AWAY ON UPGRADES. This is the second level of the scam. "Fool me once shame on you, fool me twice shame on me." I made friends with a former sales person. That person couldn't stomach the scams and left the country. He told me they prey on the fact that there is no available recourse for those such as us who have fallen for the scam. I was sold all the typical time share lies that you all reported, by Doug Lockett soon after stepping off the plane. When I returned to the USA and tried to make some money back on my investment, I realized I was scammed. It was already too late for the PROFECO action against them. I was on my own. So I asked them to just refund my money and I would give them back the paperwork. Monica Delagrava (replacement for Johnny Kno who was siding with us) said I could give up my ownership but they were keeping the money. She said "read the contract or hire an attorney to read it for" me and hung up on me. This scam pays well enough for them to satisfy the needs of the law and covers the few refunds they were forced to give. They will not willingly give up the scam or refund to anyone. The good guys who worked there have either been replaced or left. It seems the best success story in getting satisfaction from these people would be the gangster who cut off the thumb. That seems to be a tactic that Velas Vallarta and their staff respect.
If you are stuck like me, consider making up fliers and also advertise on craigslist and eBay type sites. Sell off your room nights and the cost of maintenance. Make your money back as fast as you can and get rid of this white elephant. Don't buy into the RCI, Holiday Systems, or any credit card or other stuff either. Just stop spending on it and sell it off ASAP.
Also, pass the word around to everyone that you can about the reputation of these liars and thieves. They do bad business. The only way to stop them is to make such behavior unprofitable for them. Otherwise, they get their way.
On another note for a different complaint, if the sales staff and managers can't be trusted, can their room staff be trusted? Are your possessions and money safe? How about your security? Are they corrupt as well? I don't know, but they sure were rude to my Mexican friends who would visit me when I stayed. This has been a pretty, expensive, and well packaged nightmare.
Please note that I report the scam in Puerto Vallarta Mexico. The company that is in Hollywood California is Desarrollos Tristicos De La Costa.
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Robert Archerd
March 25, 2009
not truthful about resale for us
My wife and I went to Velas Vallarta this past summer, and we told them that we wanted to sell our interest in the time share, that we no longer wanted to participate. I was told that they wouldn't be able to sell our unit's use the way we had it - every other year (even # years), that we would first have upgrade to have the unit every year. We did so, at a cost of just under $8000. They assured me that now they would sell it for us, and would have a sale finalized by December of 2008, or January of 2009, which has come and gone. For the past couple of weeks, I've been trying to contact them to ask about any sales prospect. I received one answer, but only by our salesman to ask how he could be of service. When I reminded him of the promise to sell our one-bedroom unit and to give me any information on a possible sale, I never heard back. I have since sent several emails to him as well as one of his colleagues to ask for information, and they don't respond at all. I've said that if they will just give me certain pieces of information that would be needed for me to make the sale myself, that I would take care of it. But they don't answer me, and without the information, there is not way I can sell our interest in the property. I'm stuck! I even said that if they would just give me back out upgrade money of just under $8K, that I would GIVE them back the property and forget entirely about our every-other-year agreement! I definitely want to participate in a class-action suit against these people! Please contact me and sign me up! My email address is [email protected]. I eagerly look forward to hearing from you! Thank you!
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ScammedbyVelas
December 7, 2008
Timeshare Scam
Beware! I also experienced this unconscionable timeshare scam at Velas Vallarta. The sales representative, Ken Waller, told me that Velas would take a trade-in of a timeshare I owned at a different resort to offset the purchase of a Velas upgrade from a studio unit to a one bedroom. He was essentially offering me the same amount for my other timeshare that I would be spending on the upgrade and closing costs. Mr. Waller referred me to Sierra Rentals and Resales for the closing services.
When I sat down to sign the upgrade documents, I could find no mention of the trade-in in the documents. I asked Mr. Waller why the trade-in was not in the documents and he told me that it would be on a separate document and that I would receive the confirmation of the purchase before I left. He said he expected the fax very shortly. I told him that my purchase of an upgrade was based on the trade-in and I would not be doing it otherwise. After signing the contract, I was ushered downstairs into the lobby. Mr. Waller came into the lobby with what he told me was my trade-in/purchase confirmation from Sierra and put it in my sales folder.
When I looked at this document after returning home, it stated the trade-in timeshare was being accepted into a listing inventory. The forms Sierra Rentals e-mailed were also not the closing documents I expected and appeared to be for the purpose of listing the timeshare for resale or rental. There had been absolutely no mention of listing the other timeshare for resale or rental in our discussion. Any discussion was solely about the trade-in to Velas. I did not sign these documents and requested the correct closing documents from Sierra Rentals and Resales. Sierra was unresponsive to e-mails and the customer service person from Velas acted as if Velas knew nothing about the trade-in. He stated that the issue was with Sierra. They said they had no copy of the fax from Sierra in their file. That was when I realized this was all a fraud!
When I asked Mr. Waller about a cancellation period before signing the documents, he told me that no cancellations were allowed on upgrades. This was an outright lie as I later found that Mexican law requires a 5 day cancellation period. This also applies to upgrades.
Velas Vallarta started calling about monthly payments for the timeshare and I refused to pay any more to the resort when they were not acknowledging the trade-in. I gave Velas ample opportunity to follow through with either their purchase of my other timeshare or the cancellation of my membership upgrade and the refund of my deposit which amounted to over $7000. They have not done so. Velas recently notified me that my contract was being cancelled.
Please do not do business with this company. Their lies and deceptive practices are plausible enough to believe. The resort appears to be upstanding on the surface and it can be very deceiving. Stay away!
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June 20, 2008
Increasing maintenance fees
Much to my regret, I purchased a 1 BR "villa" at Velas Vallarta. Besides getting taken for a huge amount of money for the purchase, I am now saddled with a maintenance fee that is growing faster than the contract allows. The contract states in clause "Seventh": Maintenance fees "may not increase by more than the percentage increase in the consumer price indes from September to September of each year as published by the Banco de Mexico, minus the percentage of devaluation in the Mexico peso against the U.S. dollar for the same time period."
I checked the numbers. Since my contract began (2 years), the increase in the Mexican CPI (the "UDI") has been 7.67%, and the peso has devalued 1.45%, so my maintenance fees should have grown by 9.12% over two years. In fact, my maintenance fees have increased by 12% over that time period. The 4.34% unjustified mark-up (so far) amounts to $34 additional fees plus 17% tax or $39.78 each year times 24 years. That's almost $1000 more that I will be paying with no justification in the contract and no accountability on the part of the resort.
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June 22, 2007
Beware of this fraud!
We attended a time share presentation at Velas Vallarta in Puerto Vallarta Mexico in November 2006. We were very impressed with the property and because of the deal that our sales man was able to secure, we purchased the timeshare and left Mexico very happy. A few days after our return the nightmare began. The fraudulent sales tactics and horrific treatment that we have since endured has tarnished our view of Velas Vallarta, Puerto Vallarta and Mexico as a whole.
The facts about our “investment” were overstated, embellished and simply not true. We were told because we were purchasing a unit that had previously been foreclosed on we had to give up the 5 day cancellation rights. They can not do this. But the HUGE fraud came to us from there trade in manager Mr. Ken Waller who arranged for a broker to purchase a timeshare we owned in Minnesota. This was the only way we could afford to purchase his property. He gave us a fax from the broker confirming the deal that he had negotiated for us.
When we returned home and spoke with the broker that was purchasing our Minnesota timeshare we learned that they DID NOT send this confirmation fax to Mr. Ken Waller. This means Mr. Waller went into the back room and fraudulently drew up this fake fax for the sole purpose of getting us to sign this contract.
We sent a letter immediately off to Velas Vallarta and Mr. Waller. Mr. Waller called us and we spent 20 minutes listening to him rant and rave, telling us to get a lawyer and he then hung up on us. We received an e mail from a manager by the name of Johnny Noe which was equally unproductive and pointless.
All our letters to them have gone unanswered and we still are pursuing them for a refund of our down payment.
In closing, one has to wonder about an organization that allows there salespeople to represent them in such a fraudulent way and that resorts to illegal tactics to complete a sale. What other devious, illegal and unhealthy practices are they allowing to go on behind the scenes?
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