Article in Summit Daily claims timeshare foreclosures doubled

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

A recent article in the Summit Daily takes a look at what appears to be improving real estate statistics for the area. However, one line jumped out at me..

"Excluding timeshare foreclosures, which doubled from September 2010 to September 2011..."

Summit County includes Breckenridge, Frisco, and Dillon- so I believe there are just over twenty timeshare properties in that area. I've emailed the author to request any specific numbers for the timeshare activity, so I'll share that if I get a response.

While this isn't a trend that is surprising, I'm really interested in discovering what the specific number of timeshare foreclosures is for that area.

Are there any resorts that actually disclose these numbers?

[x3skier Senior Member Find all posts View Profile Close x3skier]

No much in Steamboat Springs CO

The Steamboat Pilot list all foreclosure sales every Sunday. So far, they have been mostly Condos with a few major $1M+ properties.

I have seen only one timeshare that actually is listed for auction and that was a unit at the Steamboat Grand foreclosed on by the Owner's Association for lack of dues payment.

Cheers