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new to this site but not really new to ts. own a bunch of VRI managed weeks. how do i get to the weeks available section on their website? i mean the weeks available for internal exchange in VRI
new to this site but not really new to ts. own a bunch of VRI managed weeks. how do i get to the weeks available section on their website? i mean the weeks available for internal exchange in VRI
Thanks
Joe
Hi Joe! to TS4Ms.
Although many of us anticipate an internal exchange system for these resorts it is not a "done deal" yet.
earlier this year i spoke on the phone to a vp of vri who told me they would be adding 2 or 3 resorts per month to the system and they hoped to have them all in within about a year.
Charlie
I just received a bill for the MROP special assessment today for $250 per week ownership today due next January 15 in order to fund the new Utah resort?
I am going to call their office tomorrow. Any one has any idea what is going on? Just in time for the holidays!
I just received a bill for the MROP special assessment today for $250 per week ownership today due next January 15 in order to fund the new Utah resort?
I am going to call their office tomorrow. Any one has any idea what is going on? Just in time for the holidays!
Me too, this absolutely sux. Maybe I can give some insight. My first ts exchange was into 4 Seasons in St George. It was a hole in the wall but I bought it for $500 and the mf's were $215 for many years, maybe 15. Then another hole in the wall place called Coronado bought us out. Then ORE bought that out and were trying to build us a resort in St George. They wanted something like $5K to build a Gold Crown . I voted no and was willing to give up my week but the next thing I knew VRI bought out ORE. They said last year they were going to get us a resort in St George. I know I "should" be happy to get by for $250 but I'm about ready to say to heck with this and get out of ts altogether.
Here's the update. I called the Utah office and finally talked the office manager. According to her, the project to build the new condos in St. George Utah is about 60 percent done and it will be built out by April 2008. Now they need more money to pay the developer again but MROP were unable to sell the new intervals/memberships to get additional funding until the condos are ready. Utah law does not allow timeshare association to get loan on their real properties. Therefore came the special assessments....
I have heard of special assessments because of major nature disasters, but not for this type of man made financial crisis. I am going to get a copy of the by-laws and see if this is legal at all to ask members money for this type of use. Maybe I should start another thread so more people will be aware of it and contact the association and see what options we have.
Let me know what you find out. At least 250 is better than 5K. shaggy
When was the last vote for the $5K rejected? Based on the bylaws, they can not pass any major special assessment without the owner's approval. They also created ownership class S and T for the 3 bedroom St George resort. Is your ownership class M, S or T? Your probably also want to look at the bylaws just to be sure. Let me know if you have problems getting to it.
== I moved the rest to a new thread under horror stories. ==
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