Fayeoctober
TUG Member
Just want to note that I am a member and hoping there are other posters who can help me, although past threads on BIS in the Outer Banks haven't generated many comments. I own three weeks at Barrier Island Station Duck - all of which I purchased on the resale market. (I sold my original week which I purchased from the Developer long before I knew about TUG.) We mainly use the resort ourselves and give a week to my daughter, so trading not an issue for us.
As a result of a probably greedy developer and a HOA under the control of the developer (long after the resort was sold out) the resort was rundown for a number of years. Finally the HOA must have become independent, raised the maintenance fees and hired a new organization to run the resort. Major improvements are being made but the process is slow and it probably will take years for all the needed improvements and updates to be made. Anyway, in the meantime, units are BIS Duck have been selling on Ebay for what seems like ridiculously low prices. A week 20 sold today (I realize this isn't a super prime week but mid May can be nice) for $5.50. According to the ad, the charity is paying for all the costs. At Ocean Pines, I was bidding on a week 36 (another non prime week) but dropped out after I learned 2012 maintenance fees needed to be reimbursed. However, the top price for this unit is approaching $300. Neither the week 20 nor the week 36 are lock-outs. I haven't been to Ocean Pines in years, and have no idea as to how it has been kept up, but I am wondering if anyone who has been to both recently, can compare the two. Also why are these nice weather weeks going for next to nothing on Ebay? Any help is appreciated.
As a result of a probably greedy developer and a HOA under the control of the developer (long after the resort was sold out) the resort was rundown for a number of years. Finally the HOA must have become independent, raised the maintenance fees and hired a new organization to run the resort. Major improvements are being made but the process is slow and it probably will take years for all the needed improvements and updates to be made. Anyway, in the meantime, units are BIS Duck have been selling on Ebay for what seems like ridiculously low prices. A week 20 sold today (I realize this isn't a super prime week but mid May can be nice) for $5.50. According to the ad, the charity is paying for all the costs. At Ocean Pines, I was bidding on a week 36 (another non prime week) but dropped out after I learned 2012 maintenance fees needed to be reimbursed. However, the top price for this unit is approaching $300. Neither the week 20 nor the week 36 are lock-outs. I haven't been to Ocean Pines in years, and have no idea as to how it has been kept up, but I am wondering if anyone who has been to both recently, can compare the two. Also why are these nice weather weeks going for next to nothing on Ebay? Any help is appreciated.