teachingmyown
TUG Lifetime Member
A good friend is seriously considering purchasing a summer week (resale!) at Olympic Village Inn. His plan is to trade it through RCI for a winter Olympic Village week. He has found one for sale at what seems to be a reasonable price. The current owner says his lawyer will draw up the papers for no additional charge to my friend. I told him he needs to consider the mfees, the exchange fees and the RCI membership fees and that he should ask about any special assessments that might be looming in the near future. Plus, I suggested that the two of them put everything in writing and agree to all terms before exchanging money/deeds.
Does anyone have more information that should be considered? He absolutely has his heart set on skiing at Squaw Valley on a yearly basis and this looks like possibly his best bet to be able to do so.
The most recent review is nearly 5 years old. Hasn't anyone been there more recently? Doesn't anyone OWN there? Is there anything special about CA timeshares that he needs to consider? (Like for instance, in FL, the property taxes are billed separately from the mfees...does CA do that?) Does anyone know anything about the POA that is relevant? Would anyone be willing to make a ballpark estimate of what such a week should sell for?
Thanks!!!
tmo
Does anyone have more information that should be considered? He absolutely has his heart set on skiing at Squaw Valley on a yearly basis and this looks like possibly his best bet to be able to do so.
The most recent review is nearly 5 years old. Hasn't anyone been there more recently? Doesn't anyone OWN there? Is there anything special about CA timeshares that he needs to consider? (Like for instance, in FL, the property taxes are billed separately from the mfees...does CA do that?) Does anyone know anything about the POA that is relevant? Would anyone be willing to make a ballpark estimate of what such a week should sell for?
Thanks!!!
tmo