Original Message:
Re: Is Montecristo Estates sold out & what Pueblo Bonito was selling the last units for (by Kerry D.):
Bitter is a word that describes an intense animosity or cynicism. I have neither. I simply don't like being outright lied to. If you do then that is fine but you shouldn't lable someone else as being bitter for appreciating honesty over what are clearly car salesmen like tactics. It is a very good resort but not what was promised by any standard.
I gave those specific numbers to provide some transparency to an otherwise very opaque billing system. If you are paying more and you bought when you said you did then I encourage you to provide that detail so other owners, specifically MC2 will feel better about their purchase than when they read my numbers.
And I wouldn't be too hard on those people listing at rates to try to cover their maintenance fees. Some of those that I talked to bought in only because they were promised that they could easily get $1500 per night minimum any time of the year. Some of these are young couples on salaries that very much depended on what they were sold as being legitimate. You and I are fortunate that we can absorb the loss and wait it out but judging these people for just trying to keep from losing their property is, as you say, just as "unfortunate".
And finally, don't kid yourself, we, as owners who bought in as a rental investment in MonteCristo Estates are very much in competition with the Timeshare and Hotel sales and they know it. It was not supposed to be that way. We were promised alot of support from the resort that would have helped keep those rates high but never materialized. I eagerly await your separate memo on this subject because I have never been able to even break even on my month. In fact, you can swap time into MC from several other resorts and it will cost less than the maintenance fees we pay. I know of one guy who did that very thing just last year.