Need some SA advice

[rapmarks Moderator Find all posts View Profile Close rapmarks]

I own week 41 at LaLucia Sands, white week, 3 bedroom. It hasn't appeared to have much trading power. I have seen posts implying that things may be looking up for SA in RCI. Maintenance fees are due now and about 500 US dollars.
I can give the week back to the resort and am thinking of doing so.

We have received numerous letters and emails from LaLucia Sands regarding a takeover attempt by FLexi Club, the resort acts as if it is a negative, and is refusing to give register of shareholders unless shareholders (majority) indicate they want the resort to give their names. The board at LALucia calls it a scheme to take over our shares by way of a payment in part cash and part points. I do not know if that is a bad thing.

Any advice would bwe appreciated? Jump ship or hold on for better days?

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

I'm not too sure there will be better days and you are getting into the $ 700 range for an exchange (if you can even get a decent one). When you add resort political problems to the equation, it may be best to bid farewell.

[Sydney Contributor - Bronze Find all posts View Profile Close Sydney]

US$500 is pretty high for a bad trader.

Can you contact Flexi Club yourself directly to see if they want your week?

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

I might be wrong but isn't Flexi Club somehow related to Club Leisure which is notorious? They manage Durban Sands and I'm so glad that I sold it.

Go back to the OP, I'd sell it immediately. Someone (Mimi?) posted that she worked with a SA seller to sell her Mt. Amanzi week with good resort. Can't remember whom but a search will surely find out.

[rapmarks Moderator Find all posts View Profile Close rapmarks]

I contacted that seller. he said he would buy it and to send him all kinds of info. then I never heard from him again. I emailed him and he said it would take to long to close. I think I will email the resort about giving back the unit to them. Thanks for the opinions.