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Unfortunately, this is another timeshare resort with what appears to be a very difficult transfer process:
Before deed preparation and recording, buyer must be willing to provide the following to the resort management company:
1. A legible copy of all new purchasers’ drivers’ license.
2. All new purchasers’ social security number.
3. A copy of all new purchasers’ most recent federal 1040 form.
4. All new purchasers’ credit report or financial statement.
5. Completed Affidavit of Good Faith.
6. Association Dues must be current.
7. Documents 1 through 6 must be accompanied with a check for the administrative fee of $300.00.
According the a gentleman I spoke with at VPN, if the board does not "approve" the buyer, the administrative fee is not returned. He was not able or willing to provide any type of documentation showing what would "qualify" a new owner for approval. The entire process seems to be one with very little transparency.
http://www.shantycreekvacationclub.com/pdf/letter.pdf
Before deed preparation and recording, buyer must be willing to provide the following to the resort management company:
1. A legible copy of all new purchasers’ drivers’ license.
2. All new purchasers’ social security number.
3. A copy of all new purchasers’ most recent federal 1040 form.
4. All new purchasers’ credit report or financial statement.
5. Completed Affidavit of Good Faith.
6. Association Dues must be current.
7. Documents 1 through 6 must be accompanied with a check for the administrative fee of $300.00.
According the a gentleman I spoke with at VPN, if the board does not "approve" the buyer, the administrative fee is not returned. He was not able or willing to provide any type of documentation showing what would "qualify" a new owner for approval. The entire process seems to be one with very little transparency.
http://www.shantycreekvacationclub.com/pdf/letter.pdf