At 11:18:47 PST on 07-23-99, joe capozzi wrote:

>At 11:28:39 PST on 07-22-99, indy_alt wrote:
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>>I have been dealing with Resort Investment Trust. They were pretty insistant on buying my timeshare, based on having the appraisal done. They were not willing to come to a compramise as far as covering the cost. They would not allow the appraisal to be billed directly to them. They insisted (even said they had a check waiting to be mailed) that they would reimburse at closing. So, what if they decide to offer substantially less than I am asking? If I say no, then I am out the appraisal fee. Yes, and I'm out the difference - right... Seems like a lose/lose situation to me. I requested additional (more legal) documentation about their offer (other than their fax), and haven't heard from them since. I, also, have my timeshare listed on the net. I talked to my rep there, and he warned that nearly all of their clients have been contacted by RIT. The resort that I belong to warned me (and others) to steer clear of companies requesting appraisals on timeshares.
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>Indy, read my recent posting. I'm going to start to gather all people affected by SAB. I will contact an attorney to start a class action suit against them. Send me your email address and I will gather all names so we can communicate in a non public manner. Pass this on to anyone else you have been communicating with.
>joe
>joe
>
Add my name to the obviously growing list of people affected by Swiss American and RIT. Fortunatly we found this info before the credit card statement came for the appraisal and we will put a stop on the $399 payment. Let me know how the project is progressing.