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[2008] Belaire Golf Resort and Spa

aliikai2

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Your rewritting of history is interesting,

Your 1st post as Great Dane was posted Sept 18 at 8:59 PM board time, and you came out swinging at Bruce


brucecz,

Why do you feel it is necessary to badger and try to suggest that every member of Belaire that posts on this forum has a motive and can't possibly believe that what they purchased is legitimate?

What exactly is your motive?

I have been reading these postings for about 8 months and finally decided it was time to join to respond to people like you and others that are great with lots of opinions (look at how many messages in this tread include IMHO) which are not backed with facts.

Just so that you don't question my motives. I am a Belaire member and I did not receive anything when I made my purchase.


Then your spin continues,
Belaire Golf Resort and Spa
You are trying to intimidate me as you did the others. As always you want to claim I am someone else, I am an employee of the company, or I am not a real member.

This BBS was intended to have people provide their experiences so that others can make their own decision about whether to purchase a particular interest in a property, stay at a resort, to take a trip to certain destinations, etc. It is not to become your personal mouthpiece for whatever axe you have to grind. You have clearly shared your views now let others share theirs. Each time you feel you must have the last word on someones post. If they ask for feedback that is one thing but most do not. They are telling their thoughts and whether you feel they are right or wrong that is their own belief just as you have yours.

It is one thing to let people know they can rescind their purchase if something doesn't feel right. It is not right to tell them that they should go recind because you think what you do. That comment goes to many others on this thread as well.
We as a general rule advise anyone that isn't 100% sure that making a retail purchase of a timeshare to rescind while they can, as the deal will always be available later, but if they don't rescind they owners for the length of the contract.

My motive is to post my experience so that others can have a different view other than yours and those that I feel you have unduly tainted.

and it goes on with

Belaire Golf Resort and Spa
I am willing to address any issue you or any one else have raised or will raise.

Let's start with the exchange issue since that has been highlighted. Maybe everyone needs a little education about exchanges and how they work. When you purchase a right to use vacation property, you generally have some number of registered and unregistered weeks or whatever the resort decides to call them. In Belaire's case they are mandatory and optional. Your registered week or weeks are those that are your's at your home resort. You have the option of using that week at your home resort or banking it and choosing to trade that time for time at another resort. The unregistered week(s) are those that you can additionally use at your home resort or anywhere and do not require any kind of banking. I am using the term exchange to include both these situations because in both cases you are utilizing inventory from an exchange company even though only in the first instance are you actually exchanging the time.

Belaire cannot participate with an exchange company for purposes of banking and trading your registered weeks until the building is complete and you actually have something to trade. That should be fairly obvious and has been confirmed by the exchange companies that Belaire has said they have planned to operate with. However, Belaire can and does have the ability to obtain special inventory from these exchange companies to provide to their users to stay at other locations. Of course, they have to buy this inventory and it appears that is what they have done.

As an example, I was given an "exchange" at Velas in PV for one of my stays through the Belaire Concierge and Travel Center which is a property in the Registry Collection. On another occassion I wanted to go to Cancun and I had my choice of several RCI member properties. These were properties I couldn't get through my normal RCI timeshare exchange because it turns out they sell the weeks that get banked out on the wholesale markets so that the timeshare owners can't get them but others can.

So, while you would like to say they have lied about being part of exchange companies they do have inventory available for their members from the exchange companies. In fact, access to places that RCI could not get for me under my timeshare exchange rights. And as has already confirmed in one of the earlier posts, Belaire have submitted their paperwork to be part of the Registry Collection when the building is ready.

Next topic please.

Do you see why we suspect that you are involved with the company?
You come off as the know all to end all about everything related to Timeshares and the Belaire.

From the moment I logged on to this supposedly open and free resource simply to express my own thoughts and opinions, which happened to be contrary to the majority of people here, I have been badgered, told I am less than others because I am a guest, told I am a Mule, have been purported to be someone who I am not, and have seen the moderators act very inconsistently in the application of posting rules. These things I do consider offensive.

Also, as the definition I posted directly from Wikipedia points out everyone can express opinions but false and damaging accusations are not considered opinions under the law.

The key word in this definition is False, and nothing that I have posted is false, I may be incorrect in my assumption that you are Anthony, but everything else I have posted is true or my opinion, both of which I am more than willing to defend.:clap:


To come here and attempt to get some of us to back off our informational stance , your private messages to the boards owner and moderators, the posts on Redweek about how TUG closed this thread because of the threat of a lawsuit, all these things add up to a preponderance of evidence for all to see and evaluate for themselves, which is what we do here on the oldest, most respected timeshare user group bbs.

fwiw,

Greg
 

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and another reminder, off topic posts...or those violating posting guidelines are going to be removed.
 

brucecz

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...

Belaire now has a blog, hopefully, if everything is on the up and up we will see useful, factual information posted there on a regular basis.
http://belairevacation.blogspot.com/

Happy Friday!
Steve

Thanks Steve for the suggestion to go to that sites blog to learn about the progress made that we may have been unaware of.

I would suggest that others do the same to see what I saw before they maybe “Update” and change the “Blog” ad text. The construction pictures on the Blog seeming directly contradict the ads text posted by the Belaire on that Blog.

I could not help notice the Blog ad's glowing terms tend to portray them as already being built and being in use. Most those things that are mentioned are not remotely close to being in use as they are not yet constructed or usable at the present time and the pictures on the blog are the proof.

Look and judge for your self at the blogs glowing description of the "Supreme location" that has no beach and has the noise from the airport near by.

There is no thruthfull information indicating that the units are not available for use or that they will not be available for use at the earliest until sometime next year.

Check for yourself he sites ad text about the “Belaires rich and Famous lifestyle”, etc at the resort. Some of you may find that description interesting in light of that seeing no buyers can or could have stayed at the resort in non existent owners Towers per the pictures on that Blog.

Judge for yourself if Blog seems to be a nice PR piece that except for the pictures contains little correct progress information.

Does any one feel that appears upon inspection that the pictures attack the creditability of the blogs text?

Bruce
 
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pianodinosaur

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This thread has been very educational. We are planning a trip to Puerto Vallarta in the next 2-3 years and have not yet decided where to stay. I will not put in a request for the Belaire Golf Resort and Spa nor will I go to their sales presentation.

I have only had the pleasure of visiting Mexico on four occasions. I would not have done so had it not been for timesharing. Since joining tugbbs as both a guest and as a member I have learned a great deal from aliikai2, pammex, pittle, and brucecz regarding timesharing in Mexico. These members have far more expertise in this field than I or just about anyone else who participates in this forum. Most posts by these members are in other threads that I have enjoyed reading.

This thread is unique in that some members seem to under attack. I understand that tugbbs is not a democracy and that this thread has been closed before. I would like to see this thread remain open because I have learned so much about the complexities associated with purchasing property in Mexico.
 

brucecz

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This thread has been very educational. We are planning a trip to Puerto Vallarta in the next 2-3 years and have not yet decided where to stay. I will not put in a request for the Belaire Golf Resort and Spa nor will I go to their sales presentation.

I have only had the pleasure of visiting Mexico on four occasions. I would not have done so had it not been for timesharing. Since joining tugbbs as both a guest and as a member I have learned a great deal from aliikai2, pammex, pittle, and brucecz regarding timesharing in Mexico. These members have far more expertise in this field than I or just about anyone else who participates in this forum. Most posts by these members are in other threads that I have enjoyed reading.

This thread is unique in that some members seem to under attack. I understand that tugbbs is not a democracy and that this thread has been closed before. I would like to see this thread remain open because I have learned so much about the complexities associated with purchasing property in Mexico.

Thank you, but the other 3 and many other long time members on this site are far more talented posters and more Knowlegdeable about Mexico than I am.

But IMHO there are some great resorts in Puerto Vallarta of differant styles that are honest and treat their timeshare owners with respect and do honor their promises.

But thanks again for your kind posting but most Mexican resort ownerships usage and selling rules are not that complicated.

But you are correct that you do your due dilagence and get a copy of the resorts rules and condo documents if possible before signing.

Bruce :D
 
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pammex

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This thread has been very educational. We are planning a trip to Puerto Vallarta in the next 2-3 years and have not yet decided where to stay. I will not put in a request for the Belaire Golf Resort and Spa nor will I go to their sales presentation.

I have only had the pleasure of visiting Mexico on four occasions. I would not have done so had it not been for timesharing. Since joining tugbbs as both a guest and as a member I have learned a great deal from aliikai2, pammex, pittle, and brucecz regarding timesharing in Mexico. These members have far more expertise in this field than I or just about anyone else who participates in this forum. Most posts by these members are in other threads that I have enjoyed reading.

This thread is unique in that some members seem to under attack. I understand that tugbbs is not a democracy and that this thread has been closed before. I would like to see this thread remain open because I have learned so much about the complexities associated with purchasing property in Mexico.

Thank you for your kind words and appreciation of us posters. I just love this site and timesharing. I also love the timeshares I do own in Mexico. And many times have even liked many of the timeshares I have exchanged into in Mexico but did not buy as well I think I might have too many timeshares already, although there are many who have far more than me. I am still learning for sure. I try to share my experiences regarding timeshares in mexico and travels and such for those who wish to purchase in mexico or just exchange or travel there.

I have been advised by posters from various posters to avoid Mexico timeshares but I have still purchased and have done very well. For that matter think timesharing has become a monster in my family. My son ( just turned 18) and yes he went and bought a timeshare on Ebay ( dirt cheap), so he could have his own. We were at the resort when he called us and asked us to do due diligence at the resort for this particular purchase, we own there as well. He bought a studio in Mazatlan, but we had me put on contract as well just in case he has any issues with MF's or lifestyle changes etc. So guess we can add another Tugger to the ropes a youngster but he has a jump on me as I had to learn so much after my first purchase he has learned much from traveling with us, hearing me talk of what I have learned on Tug etc.

I too hope this thread stays open as it has proven to be very valuable to many. Myself included.

I have shared my experiences with Belair, my opinions, and things I have been told, nothing more, nothing less. I have also shared pictures. My opinions are of course, just that my opinions, the things I was told at Belairs presentation are also just that...things I was told, can I prove them as fact no, but I shared them just for enlightenment of others to what I personally had been told. I have done the same for many other timeshares throughout Mexico and other places.

I do not feel I have any expertise, and as I stated still learning. I have learned so much from other posters. I will continue to share my experiences and also to learn on this site.

Thank you, but the other 3 and many other long time members on this site are far more talented posters and more Knowlegdeable about Mexico than I am.

But IMHO there are some great resorts in Puerto Vallarta of differant styles that are honest and treat their timeshare owners with respect and do honor their promises.

But thanks again for your kind posting but most Mexican resort ownerships usage and selling rules are not that complicated.

But you are correct that you do your due dilagence and get a copy of the resorts rules and condo documents if possible before signing.

Bruce :D

Bruce, I think your posts are great...and you are a talented poster and have shared much valuable info here on this thread as well as many other threads.

I find you to be very well informed on Mexico timesharing and do not think I know any more than you regarding timeshares in Mexico. It all boils down to as you say due diligence, and well reading on sites such as this sure gives you the upper hand.

You are so right there are many wonderful resorts in Puerto Vallarta and all throughout Mexico that are very honorable, treat their members wonderfully and honor their contracts etc., some even go beyond for you. We own a few in Mexico that they truly treat us like family when we return.

Keep up your fantastic, helpful posts, as shown by the previous poster you are an asset, as are the other posters on Tug!

Next up for me...learning the rental process....have been slow to get on that band wagon....but am going to tackle it soon....so I can buy more timeshares LOL. I am addicted to timeshares and vacations...oh dear!!!
 

TimeShare Junky

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Curious

I have bee watching progess with the camera's and it seems to me that the cement that has been poured has not progressed for two weeks. Is there some Mexican law that allows a super slow progress and still is considered being built. This allows the Belair property owners to use it as a sales mechanism to get more cash flow by selling a dream.

At the end of that time when all sales have been squeezed out of the future owners, he files bankrupcy and keeps the property and land per the contract.

Is this an unrealistic vision ?

Other Concern:

Per my contract my deposit of my week goes into II, this was not negotialble and this is not so. Belair was suppose to buy back my weeks (4 or 5) each year and they have not done so. I bought two years ago, can I still go to Perfeco in December when I return to PV.

Does anyone else feel the same way?
 

brucecz

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I have bee watching progess with the camera's and it seems to me that the cement that has been poured has not progressed for two weeks. Is there some Mexican law that allows a super slow progress and still is considered being built. This allows the Belair property owners to use it as a sales mechanism to get more cash flow by selling a dream.

At the end of that time when all sales have been squeezed out of the future owners, he files bankrupcy and keeps the property and land per the contract.

Is this an unrealistic vision ?

Other Concern:

Per my contract my deposit of my week goes into II, this was not negotialble and this is not so. Belair was suppose to buy back my weeks (4 or 5) each year and they have not done so. I bought two years ago, can I still go to Perfeco in December when I return to PV.

Does anyone else feel the same way?


Sorry to hear of your plight. Maybe The Great Dane can be of some help as he seems to know the ins and outs of Belaire ownership. He just recently posted (post # 253) that he bought another Belaire package.

When you say buy back your weeks, did you mean rent them out for you or buy the whole ownership(s). Did you mean weeks numbered 4 and 5 or 4 or 5 ownership weeks?

We were told during our Belaire presentation and it has been posted on this string not long ago by one Belaire “owner” that they would buy back the ownership contracts at the end of 2 years at double of the buyers paid for them.

We were also told by Marcos the Belaire wanted renters because then the Belaire would have the opportunity to try and get those renters to buy. I forgot what Marcos said the Belaire units were going to rent out for? Do you remember if they quoted what they were supposed to rent out for, and what you were supposed net per rental?

Is that basically what you were told about the buy back and rentals?

You would not have anything to lose by going to Perfeco and showing them your contracts if you feel that the Belaire has not honored their contracts.

We wish you good luck and please keep all of us advised of your progress.

On a positive note, you have some great ownerships listed.

We had a chance to visit your Ocho about 6 or 7 years ago as a guest of a Tug member. We were so impressed we wrote a Tug review. Is the Ocho nearly at the end of their RTU? I have heard that they may or may not offer new RTU contracts.


We will be in PV from Dec 28 to Jan 10, 2008. When will you be there in December?

Bruce :D
 
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brucecz

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Karen,
I know this is a long time in the future but my wife and I will be in Mexico from January 2, 2009 through April 24, 2009. We will be in the Marina area for this entire time period. We will visit Belaire at various times and attempt to report to TUG members. Since my wife and I are owners at Belaire we do not believe we will have any trouble accessing the site.
Maybe this problem will be resolved by the time we get to Mexico but I doubt this will happen.
Thank you for your help on this matter.

We will be in PV from Dec 28 to Jan 10, 2009 and also will also try to find time to get pictures.



Bruce :D
 

pammex

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I have bee watching progess with the camera's and it seems to me that the cement that has been poured has not progressed for two weeks. Is there some Mexican law that allows a super slow progress and still is considered being built. This allows the Belair property owners to use it as a sales mechanism to get more cash flow by selling a dream.

At the end of that time when all sales have been squeezed out of the future owners, he files bankrupcy and keeps the property and land per the contract.

Is this an unrealistic vision ?

Other Concern:

Per my contract my deposit of my week goes into II, this was not negotialble and this is not so. Belair was suppose to buy back my weeks (4 or 5) each year and they have not done so. I bought two years ago, can I still go to Perfeco in December when I return to PV.

Does anyone else feel the same way?

Sorry to hear of your situation....nothing ventured, nothing gained...I would go to profeco anyway with all your paperwork!!! Best Wishes.

My hubby & I basically got the same impression from contract...none of my other Mexico timeshares have such wording in them...
 
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Registry collection

Belaire is now being listed as a coming soon resort for Registry Collection properties. I believe it says opening winter 2008.
 

aliikai2

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Shucks Ma'am, ya'll make me blush

I just can't sit idly by and ignore the mis-truths and sales puffery that some have posted.

I hope for all of you that actually made an investment in the Belaire, that it does get built, and that you are able to enjoy all the promised amenities.

My advice to all others is that unless you have a lot of extra money that you don't need, treat a purchase here like gambling on a high risk stock, If you win, you win big, if you lose, you lose it all.

fwiw,

Greg

This thread has been very educational. We are planning a trip to Puerto Vallarta in the next 2-3 years and have not yet decided where to stay. I will not put in a request for the Belaire Golf Resort and Spa nor will I go to their sales presentation.

I have only had the pleasure of visiting Mexico on four occasions. I would not have done so had it not been for timesharing. Since joining tugbbs as both a guest and as a member I have learned a great deal from aliikai2, pammex, pittle, and brucecz regarding timesharing in Mexico. These members have far more expertise in this field than I or just about anyone else who participates in this forum. Most posts by these members are in other threads that I have enjoyed reading.

This thread is unique in that some members seem to under attack. I understand that tugbbs is not a democracy and that this thread has been closed before. I would like to see this thread remain open because I have learned so much about the complexities associated with purchasing property in Mexico.
 

pammex

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I just can't sit idly by and ignore the mis-truths and sales puffery that some have posted.

I hope for all of you that actually made an investment in the Belaire, that it does get built, and that you are able to enjoy all the promised amenities.

My advice to all others is that unless you have a lot of extra money that you don't need, treat a purchase here like gambling on a high risk stock, If you win, you win big, if you lose, you lose it all.

fwiw,

Greg

Very well said, my sentiments as well. Your posts too, are great keep em coming!!! :hi:
 

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mikenk

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Since this seems to be a thread that never ends, I decided last night while fighting insomnia to read through it. it seems to be a fascinating soap opera with lots of twists, turns, and human emotion. While I think I got the jest of the story - when and if it will be completed. What I don't understand is the promise and allure that attracted buyers for what I deduct as a $150k pricetag.

I love going to PV having stayed at several resorts that I think were all great, but none had prices approaching that even at the inflated sales game. I assume that Bellaire has something really special that separates them dramatically from the rest; can someone enlighten me so I can better understand the story as it continues to unfold?

Thanks,
Mike
 

T_R_Oglodyte

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I finally found what you are referring to here:
http://www.theregistrycollection.com/registry_portfolio/coming_soon/

It says:
Belaire Golf Resort & Spa, Puerto Vallarta Opening Spring 2009

Shall we consider this good news, or do they have The Registry Collection snowed too?

RCI (which runs Registry Collection) has a history of signing up resorts that are never built. The Basil Jones resort scam is one that comes to mind. In that case buyers were actually given bonus RCI weeks to use pending buildout of the resort. Another couple that come to mind are a timeshare resort in Homer, AK - construction started, the site was graded, then suddenly work stopped and never restarted. There was also a Biltmore Resort in Bullhead City.

So I would say that being "affiliated" with an exchange program doesn't really establish anything. There's really no liability to the exchange company to accept a planned resort into the book; as long as the exchange doesn't accept any weeks from the developer until the resort is actually ready to open the exchange company doesn't incur any liabilities or risks.

And since developers are the real customers for RCI (and II) RCI has lots of reasons to try to accommodate developer requests, especially when RCI doesn't acquire any liabilities.
 

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Since this seems to be a thread that never ends, I decided last night while fighting insomnia to read through it. it seems to be a fascinating soap opera with lots of twists, turns, and human emotion. While I think I got the jest of the story - when and if it will be completed. What I don't understand is the promise and allure that attracted buyers for what I deduct as a $150k pricetag.

I love going to PV having stayed at several resorts that I think were all great, but none had prices approaching that even at the inflated sales game. I assume that Bellaire has something really special that separates them dramatically from the rest; can someone enlighten me so I can better understand the story as it continues to unfold?

Thanks,
Mike

Mike, maybe if you check out the first 2 strings you will get some more background of all of the promised Belaire deadlines that have been missed, the wild claims of profit to be made, the amount of amenities that will not happen, the weasel clauses in the contracts that have been exposed.

The 3 exchanges companies that the Belaire said people could exchange with was proved a lie and that proof was shown in the 2 links that I posted included TPI and another exchange company besides the Registry Collection.

The simple fact is as of today even if you had spent $300,000 with the Belaire 2 years ago you still can not make any trades or any exchanges today with those 3 exchange companies that the Belaire bragged about in their presentations using the Belaire to exchange.

Bruce :D
 
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brucecz

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As I posted before, they never had their own RC (Registry Collection) book, it was stolen by Nico from the Grand Mayan sales room. It even said GM in it on the outside and on the first page it said Grand Mayan. The week I worked there I saw so many things that were shady I left, one week was more than enough.

Steve HCMM, I respectfully submitt that according to the above this posting number 328 on this string posted on October 9, 2008 made just only 12 days ago it said that the Belaire was using a stolen Registry Collection book.

Seeing that I was shown a Registry Collection (maybe the same book) book by Marcos over a year ago as was told that the Belaire was a active exchanging member at that time with 3 exchanges companies including the Registry Collection.

The 3 exchanges companies that the Belaire said people could exchange with at that time was proved to be a lie and that proof was shown in the 2 links that I posted included TPI and another exchange company besides the Registry Collection.


The Registry Collection inventory access we were told could be used be almost immediately as Marcos said the Belaire had some type of "credit" program with the Registry Collection to allow for almost immediate exchanges with the Registry Collection.

This Registry Collection inventory could be accessed almost immediately after the right of rescission had passed. (of course Marcos did not put that in writing). That was one of the reasons why we signed that day.

Does the Belaire have the Registry Collection snowed?
No they do not because no confirmed exchanges with the Registry Collection can be made using the unbuilt Belaire units can not be made today.

But as posted some where in this string by one of the Belaire own supporters the Belaire had paid membership fees of some type to the Registry Collection.

So even if the Belaire did not open, the simple fact is the Registry Collection has made money off of the Bellaire. But during the mean time the Belaire can use that posting on the Registry Collection website as part of their sales pitch.


But the more important question is IMHO , has the Belaire deliberately snowed, mislead and lied to many of the buyers about the Belaire having access using the promise of almost immediate access using unbuilt Belaire inventory?


According to the many who indeed bought they feel that they were snowed into believing they would have almost immediate exchanges with the Registry Collection.

That claim of access to was and still is as of today a out and out bold face lie made to snow people into buying thinking they have at this time today if signing direct and immediate access to the Registry Collection inventory using their Belaire ownership.

Yes, the Belaire has used that Registry Collection inventory False promise for over at least one year now to IMHO snow many into become :eek: :mad: buyers with the Bellaire. Like I said above we were promised access to the Registry Collection inventory after the right of rescission has passed using unbuilt Belaire inventory.

Fortunately we recinded and do not have the heartache, worry and the fear eating at our guts that we got ripped off and have to cling to the apparent flase promises posted on the 3 strings by some that may be shillls.

I do feel sorry for those who have been jerked around by a many false promises made by the Belaire over the last year or more.

Even if the Belaire does in fact get built in 2009, 2010 or when ever, the contract terms may leave the buyers in a very precarious situation in regards to future usage and ongoing costs despite the Belaire claims.

Bruce
 
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brucecz

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I used to think of TUG BBS as a great resource to get information about the resorts from both members and non-members. This thread it seems that (some of the) members imply that I am insignificant becase I am "only" a guest. Gee, thanks, that really makes me want to join.

I don't understand why someone would even post something like "As Ann Landers used to say, "If you throw a stone into a pack of dogs the one who is hit will bark." I can hear yelping all the way up here in New England!" as their whole post. To me that is a waste of time and not beneficial to anyone... Can't we stick to relevant points instead of kindergarten name calling?

Ok, enough of that. Back to the real reason for my post, something relative to the topic...

Belaire now has a blog, hopefully, if everything is on the up and up we will see useful, factual information posted there on a regular basis.
http://belairevacation.blogspot.com/

Happy Friday!
Steve

Steve or any one else that is familiar with bigger building projects. I looked at the pictures on the Blog a few minutes ago?

Are those called footings or are called something else that is a little further along in the building process? Thanks in advance for the information.

Bruce :D
 

TimeShare Junky

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Spring is 6 months away, what is the feasability of Belaire being ready to welcome guests at that time (Spring 2009). Current building speed, decorations and building approvals. I think it not be ready for close to a year.
 
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T_R_Oglodyte

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Personally, I find it extremely interesting that all of the people who are posting so positively about Belaire:

1. only post about Bellaire

2. only post when they happen to be in Puerto Vallarta.

The second point is extremely interesting given the earlier shout-out by a mod about how some people claiming to not be in Mexico were posting from Mexican IP addresses.

¡Pues! That certainly provides a convenient explanation as to why posts lauding the Belaire might all originate from Mexican internet addresses.

++++

As I posted in another thread today, I readily concede there is a possibility that these posts that have been questioned as shill posts are genuine. Similarly, living in Seattle I will readily concede that there is a possibility that this winter we will have 30 consecutive days with no rain and cloudless skies.

If I were laying odds, I would give better odds of there being a cloudless month in Seattle than I would that most those laudatory posts about Belaire are genuine posts.
 
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ValHam

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Went to Belair Marina PV this week - October 20-27th ,and it really doesn't look like the completion date looks bright or even possible for December 31, 2008. A matter of fact I never seen a bigger water hazard on a golf course in my life. The construction workers (who don't look like they are working) probably, in my guess getting 40 bucks a day to walk around with hardhats and look like some construction going on.
Nice appliances in show suite, nice fixtures etc , etc..... At end of presentation my words to sales rep, I do not buy a pig in a poke.... unfortunatly he had no idea what I was talking about..... Good Thing I guess he didn't know.... Wise Up "investors", this is not an investment nor a timeshare..... Its a hole in the ground filled with water , where you can put your hard earned or retirement money.... Keep Your Timeshares...... and enjoy what you have, they are tangible.:clap:
2 things to look for:
1: hows the coffee
2: on automatic paper towels, how much paper is dispensed? 3-4 Inches ,low budget place or financial unstable, more that 8 inches , promising !!:D
 

gr8grover

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Need some Belaire advice

I have been checking into this thread for the past couple of weeks and reading the posts about the Belaire Resort.

I was in PV in July and attended the presentation at Belaire with Marcos. Like many on here we were very impressed and bought a junior suite for 4 weeks a year. We paid the deposit and agreed to sell them one of our other timeshares and pay the balance in 90 days.

90 days has come and gone and after reading many of your posts and not getting any calls returned from the Belaire Resort they are calling for their money. I have not yet signed over my other timeshare or paid the balance owed on my contract.

Needless to say, I am very leary about going forward with them. My other timeshares are at the Fiesta Americana and the Grand Mayan and we are very happy with them and have never had problems.

What are the repercussions if I ignore their calls and don't send them the balance.
 

Karen G

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Once owned these: FirstFairway@Walden X 2; Lawai Beach; ManhattanClub; PuebloBonitoRose; 4 South Africa--now timeshare-free
What are the repercussions if I ignore their calls and don't send them the balance.
Your credit rating might be adversely affected. If you have any issues with the contract you signed, you should get in touch with Profeco as others have mentioned in this thread.
 

brucecz

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Your credit rating might be adversely affected. If you have any issues with the contract you signed, you should get in touch with Profeco as others have mentioned in this thread.

Karen, you raised a interesting point about credit ratings that might be adversely affected. Maybe the Belaires lack of construction progress might be do to their line of credit have been adversely affected over the about past 2 years. I am not saying that it has been affected, I am just asking and looking for a answer.

Belaire April 24, 2008 Footings being poured. Now 6 months later I just looked at the Blog and that picture after I refreshed it, does not indicate much progress for a full 6 months.

If anyone refers back to post number 22 on this string by a Belaire supporter posted on April 24, 2008, please note that will mark that it was 6 months ago that the footings were being poured.

A lot of us have posted and wondered why even though there was a 3 month rainy season that may have slowed down construction progress, why during the 3 months of excellent non rainy weather what other reasons may be the cause why more construction progress has apparently seeming not been made?

Months before the construction delays were said to be caused that they were changing construction companies.

Could it be that there is not enough money to pay for needed materials, labor, etc to make more easily visible progress ?

Now with the world wide credit crunch is the Belaires construction financing becoming a real ongoing problem? Maybe ongoing construction financing problems the reason for the constant long delays for over the past year for very little construction progress being shown?

I remember Marcos alluded to some type of performance bond during the presentation, but I have no idea if it was worth the paper it was printed on.
Maybe it was just a building permit of some kind, etc.

But I do not remember if that paper mentioned any bank being named guaranteeing a construction financing loan to complete this projected project. I wonder as of today if any bank is guaranteeing any loan if there were any possible loan payment defaults?

Can one of the Belaires supporters or someone else verify which bank or group of banks in what location or locations are at this present time maybe guaranteeing a loan to completion of the whole projected Belaire project?

It would be nice if someone would supply of a verifiable letter showing that the financing is in place that would be a postive sign and help assure some of people who still have money sunk into the Belaire project.

If there is no postive response in a day or two that can be verified then some may assume that there is no loan in place guaranteeing the money to complete this project.

But we hope for those buyers who have money sunk into the Belaire that there will be a postive posting about the Belaire having the money to finish this building project.




Bruce :D
 
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