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Dear Timeshare-
Home Owner's
Association:
Resort Developers:
Management
Companies:
We assist Home Owners Associations
(HOA's) by returning non-performing interval inventory to
a performing, fee paying status, therefore making each owners
contribution to the total Development's costs Less.
Many
HOA's find themselves with foreclosed inventory which
draw no annual fees. This situation makes it necessary for
the HOA to assess the other owners to cover the
non-performing inventory's portion of the HOA costs.
Assessments often cause more owners to stop paying HOA
fees and give up or "Deed Back" their ownership to
the HOA, which in turns causes higher assessments to the
ownership the next year. This cycle can cause a serious
financial hardship on the development and if the situation
goes unchecked, for even a short amount of time, the outcome
can be disastrous.
The
obvious answer, is to sell as many intervals as quickly as
possible to stop this cycle. Most HOA's do not want to be
involved with the aggressive sales process, because of the
added costs and administration headaches, not to mention the
salespeople who exert unwanted trauma on the Owners, Guests
and Staff. Instead of using salespeople, some HOA's offer
returned weeks at greatly reduced prices to their existing
owners and the general public through a newsletter, without
realizing they are damaging the resale value for existing
owners , as well as making a mockery of their original
purchase price. The offer itself can be another reason owners
give back their ownership, due to the fact they feel cheated
by paying so much more originally.
We will sell your foreclosed intervals, to
provide the Resort with the maximum number of new owners and
annual fees potential. Because we sell offsite, we will not impact the
development or traumatize the Ownership and Guests of the
Resort. The only cost to the resort for our efforts will be
totally administrative, the recording of new
owners.
We are
currently evaluating properties. If your Resort would like
consideration please supply the below information and return
as soon as possible. All replies are confidential and
applications will be evaluated immediately upon
receipt.
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