Original Message:
Re: Resort West new points system - good deal for owners???????>? (by Phil L.):
alidam4 wrote:We were at a sales meeting today re the conversion. As owners at the 'Terrace for the past 15 years we were told we would have to purchase 1800 more points to the tune of $5400 and the annual fee would be increased $800. This would grant us 8800 points annually but maintenance would now be $1790 annually. This seemed like quite a lot. The deal you were offered seems more doable to me.
Are you sure of the $1790 for MF'S because this year 2008 is $884.00 and that is getting high?
The resort called us last July 4th week and asked if we would have any interest and we told them no and that I always want to own deeded property and not points.
They never bothered us again about it.
PHILL12