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QM Resorts - Thunderbird Resorts (Sparks NV)

Discussion in 'All Other Timeshare Systems' started by dragonlady, Jun 14, 2017.

  1. dragonlady

    dragonlady TUG Member

    Joined:
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    I inherited a deeded TS - Thunderbird Resorts in Sparks NV from my mom and dad. Part of the reason I picked it up from them was that NV is close to home (CA), and it is part of the RCI group, so I simply folded the account into my existing RCI account, providing me with additional points to use to travel.

    Thunderbird is an older resort that is currently trying to upgrade all their units (carpets/paints, new furniture, new electronics - TVs/etc). To come up with all this money they are doing/did two things. One they joined a consortium of resorts called QM Resorts (influx of money and advertising) and raised a special assessment (maint fees).

    It seems that by using the special assessment, they are pressuring deeded owners to sign their deeds over to QM resorts in exchange for promised lower yearly fees along with 3 weeks of vacation vs a single week (3 weeks anywhere in their system of 6 resorts in the Reno/Lake Tahoe area) vs only a single week in Sparks.

    You lose access to the RCI point system, but gain access to Interval International and something call SFAccess.

    All this for only a one time cost of $5,000!!! (ie you get to buy your timeshare again, but this time with no deed). You are part of the club!!! (Silver/Gold/Platinum levels).

    They have approached us twice now, once providing us with a free 4 night stay at our resort, and now via a conference phone call.

    The have convinced approximately 83% of the former owners to sell/trade out to the club, partly through the enticement that club owners do not have to pay the special assessment.

    The sales guy even tried telling us that our heirs would be stuck with the TS if we did not do this, but if we went with the club, our heirs could simply forfeit the TS back to the trust (which is the club).

    Why they would even finance us in the endeavor with a 10% downpayment and pay over time.

    Anyone else here dealt with these guys?
     
  2. tschwa2

    tschwa2 Tug Review Crew: Rookie TUG Member

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    A few in SC, VA and FL, a single resort in NC, MD, PA, NY, UT, ME, WI, and TN plus Jamaica and the Bahamas
    It is doubtful that 83% of owners have switched. That is just another pressure tactic. I would certainly not make any changes based on the commissioned sales staff warning over a special assessment. Even if it comes there is no guarantee that the club members will be immune.
     
    dragonlady likes this.
  3. dragonlady

    dragonlady TUG Member

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    The special assessment has occurred. I have the bill for it already. To be honest, they really did need to update/repair. They deferred to much the past 10 years, and we do have to keep up our investment (and who wants to stay at a dilapidated place).
     
  4. macmanrider

    macmanrider TUG Member

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    If it's all ready points and you use points to travel why have a different system to deal with. I have a friend that has a place in Tahoe that was his parents. He has never seen it but pays the m/f and uses the points to go to Mexico ever year.
     
    dragonlady likes this.
  5. Pierce

    Pierce Guest

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    Your family will never "have" to take over deeded real estate if they are not on the deed.
     
  6. macmanrider

    macmanrider TUG Member

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    Ture. And some family members don't want it we bought from family at Costa Sur. In Mexico you can only own a deed for 30 yrs. Best place to buy a timeshare. You can renew it in 30 yrs so who ever what's it can renew it or we let it go.
     
  7. macmanrider

    macmanrider TUG Member

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    My aunt owns there she doesn't use it anymore
     
  8. macmanrider

    macmanrider TUG Member

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    Try looking at redwolf lakeside lodge in North Tahoe lake nice place and closer you can use rci points. Just a thought
     
  9. Guitarmom

    Guitarmom Guest

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    I had family living in Reno for a few years, and I regularly stayed at Thunderbird during that time. I'm very glad to hear that they're upgrading. It was sorely needed.

    I've noticed that I can no longer find Thunderbird in RCI. Do you know what happened, or am I missing something?

    Sent from my SM-T350 using Tapatalk
     
  10. mjm1

    mjm1 TUG Review Crew: Veteran TUG Member

    Joined:
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    Location:
    Las Vegas, NV
    Resorts Owned:
    Marriott: Desert Springs Villas I, Ko Olina (EOY), Maui Ocean Club- Lahaina Villas, Newport Coast Villas, Destination Club Points;
    Westin Kierland Villas- Annual & EOY
    Thunderbird was the first timeshare we ever bought and that was in the mid-80’s. We lived in San Jose at the time. We used it a couple of times and didn’t really care for it or Reno, so we traded it through II. We were approached about joining QM for several thousand dollars and declined. In around the year 2000 we decided we didn’t want it any longer and started upgrading to Marriott and later Vistana.

    There wasn’t and probably still isn’t a good market for that resort, so I called and asked if they would take the deed back. They did and even waived the $300+ maintenance fee that was coming due. I figured we wouldn’t have cleared that much if I could even find a buyer, so we accepted their offer. It was a pretty easy and quick process. You should talk to them to see if that is an option.

    If so, you can find nicer and better options to buy on the resale market. Look at the TUG Marketplace and Redweek.com.

    Best regards.

    Mike
     
  11. dragonlady

    dragonlady TUG Member

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    Still listed:

    Thunderbird resort in RCI
     

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