I came across this: http://www.zillow.com/HomeDetails.htm?zprop=2146914024
Also: http://www.liquidsnow.com/235gk_web/
I wonder what is going on here???
Also: http://www.liquidsnow.com/235gk_web/
I wonder what is going on here???
For more information, to arrange a private showing, or to request the full data sheet for this home please contact Jim Wilson
Phone : 970-333-1612
Days on Zillow: 11
Tell Tripx how lucky he is that the Breckenridge location, that is one of the the main reasons he joined, won't ever be owned by HCC, and probably won't be leased by HCC for him to make his family trip there that he has reserved through HCC for this summer. Sure seems fair to you.
In defense of HCC, much of this misinformation can be clarified if one reads the CEO letter from High Country Club which is available here:
http://www.highcountryclub.com/about/CEO_Letter.asp
HCC currently has 33 properties which means that 7 are leased. (read the CEO statement. He says that less than 25% of 32 homes are leased)
If you call them, they will clearly indicate which ones are leased and which are not and will clearly tell you when the lease expires. I am pretty sure of six of the leased properties. I believe that one the indicated home in Breckenridge, the Village Hall home in Beaver Creek (unfortunately the two nicest homes) The two in Playa del Carmen, The two in Tuscany and one other are leased (you can call or email them to check, they will not hide these facts from you) From what I remember, the Breckenridge lease was for at least two or three years. I strongly disagree with tombo, and on the contrary, if a DC were to lease a property, THEY would make sure that any buyer of the property during a sale would honor the lease. If you have owned any rental property or rented any rental property, a leasee would be an idiot to allow the sale of a home or apartment to cancel the lease that is in effect. In fact a leased property is much more difficult to sell than one that is vacant.
Many, but not all DC's lease some properties. They may do this to fill in acute demand or to test certain destinations before commiting to a purchase. Exclusive Resorts does this as does Quintess, Ultimate Resorts and others. As long as they keep it below 25% and the cost of a lease is less than what yearly dues multiplied by occupancy would generate. In the case of HCC, that number would be somewhere between $4000 and $6000 per month. The only problem is that Tanner and Haley went way above the 25% level and lease costs were above the yearly dues collected to cover them.
Of course all of the above is ridiculous because you "TRUST" DC"s, and their salespeople and their CEOs. You don't need anything in writing, you trust this smart business model. The CEO's are brilliant businessmen like Donald Trump. Well Donald Trump left many investors in his Atlantic City real estate venture broke after he filed bankruptcy a few years ago, and they had contracts in writing. Keep buying, keep blindly trusting, and if these DC"s go bankrupt you will have no one to blame but yourself.
at what point do ad hominem attacks start violating TUG TOS?
I beleive there are only 2 HCC properties out of 30 that are leased.