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Re: raintree vacation club (by Kathleen C.):
Hi. I was a California owner and defaulted on a paid ownership. I was harassed by the calls, sent to collections, etc. offered the "new" plan also. These guys are straight-up crooks and I refused to give them another penny. I hung up on their calls and challenged the collection agency with a letter asking them to prove my obligation to be charged the special assessment fee. My original purchase was a resale so I didn't have much to lose by letting the contract go. I eventually received a letter from Raintree releasing me from any further obligation and I haven't been dinged on my credit report.
The S.A. was a joke and an insult. Insurance should cover natural disasters and $700 in MFs for a studio should more than cover expenses for maintaining a unit in Mexico. Dues kept rising. Raintree sold deluxe contracts in Cabo and defaulted on these buyers. California had a class action suit and won. I do expect Raintree to go bankrupt at some point.