New Mexico – Out Of State Scammers Preying On Timeshare Owners!

Unlicensed scammers claiming to represent full service property management, real estate brokerage or title and escrow companies that list and sell timeshares are soliciting upfront fees from timeshare owners who want to list their fractional ownerships for sale. The problem is that the timeshares are never actually listed for sale and the fees are gone eternally .

” We have received a upsurge of inquiries from consumers who have been contacted by a company that represents itself as R-5 Realty. R-5 Realty is not licensed by the real estate commission ,” said Mike Unthank, superintendent of the New Mexico Regulation and Licensing Department. Unthank went on to say that” Timeshare fraud is a serious crime, which can cost consumers thousands of dollars .”

LAS CRUCES – Selling timeshares without a real estate license is a felony in New Mexico, but that’s not stopping out-of-state scammers from preying on unsuspecting timeshare owners, according to a Feb. 23 bulletin from the New Mexico Regulation and Licensing Department.

For more information click here.

Villa Nueva in Ruidoso, New Mexico(RCI)

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Villanueva New Mexico …. 29 hotels, 2,102 Reviews: Ruidoso Vacation Rentals

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The Commons at Angel Fire, Angel Fire, New Mexico (RCI)

Angel Fire   Pinetree 208 CondoAngel Fire Pinetree 208 Condo
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Eagle Wing Suites at Angel Fire Resort, Rio Rancho, New Mexico (RCI)

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Country Club Villas at Rio Rancho, Rio Rancho, New Mexico (RCI)

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Campanilla Compound ,Santa Fe, NM (RCI)

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On a bluff just a 10-minute walk northeast of the Plaza with great views, this large, older compound comprises individually furnished units that accommodate two to six guests and come with full kitchens, wood fireplaces, DVDs, and CD stereos.

WorldMark by Wyndham: Red River, New Mexico (RCI)

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WorldMark, The Club, Taos (RCI)

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Villas de Santa Fe and Vacational Internationale (Diamond Resorts)- Villas de Santa Fe, Santa Fe, New Mexico (II)(RCI)

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