I apologize for seeming to ignore your previous questions. Sometimes it gets so busy on here dealing with non owners, I can't remember who I answered and who I didn't. Because of that, I'm just not going to respond to non owners anymore.
I no longer sell real estate under the name Hagberg Realty. I do still own IVS Realty. IVS is still very active as the oldest and largest timeshare resale company in New England. Because of the large number of weeks to be sold at Sancastle, the resort needs a more active program than my company can provide. Festiva is not "taking" weeks. Should an owner decide to become a member of Festiva, they deed their week to Festiva and become a member of Festiva's Adventure Club. It is completely optional.
Outfield is absolutely offering weeks for sale. I don't know where this rumor got started but it's simply not true. Anyone wishing to buy a week at the Sandcastle, let me know and we'll be delighted to sell you one. Two weeks were just sold at the resort today! When the weeks are sold, NEVS won't own anything at the resort any longer. NEVS did not buy the weeks to hang on to them like the former trustees, I can promise you that.
I can't tell you when the "tipping point" comes for several reasons. There are two different associations at Sandcastle with two separate set of condo docs and all the documents were written prior to the enactment of MGL Chapter 183B. All I can tell you is that four different law firms agreed that control does not yet pass from the developer. An attorney who works for the associations is currently reviewing all of the documents in order to make necessary amendments, etc. Having met with him just last week, I can tell you that he's not certain of where that point is either, at least at the moment. It is being reviewed.
By the way, I can promise you that you're annoying enough already!
For those of you who didn't get that, it's a joke . . . I'll admit to a strange sense of humor.
I first began working for the former developers and trustees in 1992 as IVS Realty. I was hired to sell the inventory that they owned. I was successful enough that I was told not to sell their inventory any longer as they weren't ready to give up control. This was in 1992!!
Many of the weeks Jewel sold were not developer weeks but owner resales and weeks taken back in the name of the association which was controlled by the developer. In 1992, the developer had about 400 weeks. Last fall I purchase about 360 of them that were left. Not a great track record in selling their interests. If the economy doesn't blow up completely, NEVS expects to sell that inventory in the next 2 - 3 years.
FYI, the only man working for IVS Realty the past few years has been me. So if you had a good experience with a man at IVS, I thank you!
As far as owners on the board, no elections are called for at this time. Instead, I'm creating an owner advisory board that will be made up of individual owners. This board will review all information before it is presented to the trustees and will have direct input for recommendations to the trustees. It will also mean that, when we are ready for elections, we'll have a group of committed, qualified owners to stand for election. Any owners interested in serving on this board, please let me know as appointments will be made next month.
I'm afraid I can't answer the rest of your questions until the legal process has been completed. The best I can do at this time is to say that I do intend to keep owners informed through newsletters and the new website. You gave the former trustees over twenty years with no complaints and look where we ended up. Can you at least give me two??
Cliff
P. S. If everyone on here buys a week, you'll go a long way towards helping NEVS in their mission to sell the inventory!!
