jay37
newbie
I would have been OK with the stay, although outdated, had I not been an owner.
There may be nothing wrong at all. Usually we see a lot of shill postings by first time/only time posters that posted the very same day they signed up for the BBS. Just skeptical is all with the high number of first time and one time posters. Usually those involved in a public forum like this return to read what was read and respond. Many of the first time/only time posters haven't been back since their initial post.
All these owners must be freaked out. When Googling, this is the only thread talking about this issue. I was ecstatic to find others talking about it so I posted right away. I'll bet the same is true for others. If this thread didn't specially address my concerns then yes maybe I would have waited awhile before posting... However, had it not been for this issue I would never have found this site.
Glad for all the recent posts. I was wondering if there were any owners of Chalet High still left.
In researching Chalet High, I came across the minutes to Sky Bryce Association, Inc.
From the March 27, 2009 minutes: "Update on legal issue with Alexander Properties, Inc. and Chalet High Owners’ Association: It was reported that our attorney is in the process of filing suit against both Alexander Properties, Inc. and Chalet High Owners’ Association for monies due SBA for road maintenance and patrol service. The first return date in Shenandoah County General District Court is tentatively scheduled for June 15, 2009."
From the April 17, 2009 minutes:"Comments from Non-Board Members on Agenda Items: Sally Montrey, General Manager of Bryce Resort, reported that the Resort will be running the public pool complex this year instead of Alexander Properties, Inc."
May explain the issue about using the outdoor pool.
"Old Business:Update on legal issue with Alexander Properties, Inc. and Chalet High Owners’ Association: President Jeff Bown reported our attorneys are still addressing this matter. It was noted that Alexander Properties, Inc. has made their first scheduled monthly payment to the Shenandoah County Treasurer on their delinquent real estate taxes."
It looks like bills for Chalet High HOA were not being paid. In one set of minutes it stated that Sky Bryce Association, Inc.'s attorney was checking unit titles to see which owners' property they could place liens against. Not that it would do much good since you can not resell your units because of no market for them or for that matter even give them away.
What a mess but glad to see there are others out there who are concerned with what is happening. Shame no one seems able to find out what the truth is.
we are supposed to attend a meeting there tomorrow, should we just skip it????
I received this letter last week:
"You have over the past several months received correspondence from Resort Consulting Group, Inc. advising you of meetings being conducted at your resort. The purpose of these meetings is to share important information which is already impacting your ownership at Chalet High/Creekside Village.
Many owners have asked if there was any way they could get the information without having to drive to the resort. Because of the many requests received, Resort Consulting Group, Inc. has asked eValley, LLC. to help make this data available online.
Since you have a significant investment at risk - and because additional maintenance fee increases and assessments are likely - you will need to call 540-246-8025 for additional instructions. Please have the code at the top of this letter ready.
Regards,
James Mason
President, eValley, LLC."
Has anyone made the call?
1. If Chalet High/Creekside Village Homeowners Association has been and is in such troubles then why as owners have we not been contacted by the Board of Directors letting us know what these issues have been or are and what suggestions they had for dealing with them?
2. I am sure there is limited liability for the BOD members under law but if they failed to take normal, reasonable and prudent actions to address these issues or failed to inform the owners of such issues then what liabilities do they have and what if any action can be taken against them?
3. Why did the BOD not notify the owners that they were hiring firms to address these issues on behalf the owners and what they were attempting to accomplish?
4. Why has the BOD not provided (by mail or e-mail or posting on the internet) owners with annual financials of income and expenses for the CHOA nor annual or other BOD meetings? Sure would be nice to see an appropriate accounting of how much money has been received and for what and to whom it has been paid for.
5. Why would any company want to offer you a way out by taking your time share if expenses will continue to rise and there all these legal and other issues with the timeshare as well as the economic issues? If they buy your timeshare then they would be responsible paying the annual maintenance fee for each week they purchased just as any owner. Why would you want to take on that financial liability for something with rising annual fees, which you can not sell in such poor economic times?
If it was me, I might want you to pay me to take your timeshare and once I obtain 51% ownership of all timeshares then I have voting authority at meetings. If I then wanted to upgrade the complex then as majority voter I could get the BOD to impose a huge special renovation fee for the existing 49% of the other owners. Might be a great way to upgrade/renovate an old facility without having to pony up all the money myself. Might have myself a nice new looking modern timeshare to start reselling again.
6. If annual maintenance fees went up because the real estate bubble increased real estate taxes and insurance then why have they not gone down as they have everywhere else since the fall in the value of real estate has occurred?
There are lots of questions so if anyone knows any of the answers to the above please share them with the rest of us folks. Also if anyone attended the meeting in regards to the previous post, please share what was presented to you with the rest of us.
I telephone a friend in state government in Virginia and they stated Chalet owners should file a written complaint with the Commowealth of Virginia, Office of the Attorney General, 900 East Main Street, Richmond, VA 23219 and the Office of Consumer Affairs, 102 Governor Street, Richmond, VA 23219. Consumer Protection Hotline Toll Free in Virginia 1.800.552.9963 or area 1.804.225.2666.
Maybe the state of Virginia will step up like the state Florida in protecting consumer rights in the timeshare industry.
I purchased my timeshare in October 2007. I was told that they would new units built byApril 2008 at which time I would get a new unit in Creekside. To this date these units have not been built. I have a letter from management stating this and also that I would not have to pay any maintenance fees if I do not use the substitute timeshare until my unit is built.
They are now trying to get me to sign a new agreement to accept an older unit in Creekside. I have been paying on a timeshare since October 2008 and have not been able to use it.
Any help for me out here?
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I attended a meeting with Resort Consulting Group on 5/8/09 about Chalet High. Here is what they presented to me.
Options
1. Keep timeshare and ride out the storm.
60% chance of a turnaround in the next 18 months, otherwise bankruptcy. In that case, property owners are liable for the 15% delinquency (700 owners) unpaid fees. National average is 4% delinquency.
One of the pedestal homes burnt down. The home owner’s association management had the wrong type of insurance, in which the home owners association was paid for the loss but not the actual 52 homeowners. Looking at possible law suits against the home owners association. That is us, so we could be charged additional fees to reimburse their loss.
Surveys by people you have traded into Chalet High are very negative (upkeep and appearance, leaks do to roof damage, old and worn-out appliances, lack of amenities such as an entertainment director). These surveys are used by RCI and II to rate time share locations, if a time share location goes below the national average by a certain number of points, the time share location owners are no longer able to trade outside their own time share. Chalet High is in a couple of points of that happening. It appears that the Home Owners Association Management has been inept in their management of Chalet High.
Costs of repair and maintenance have increase over the years. The national average for maintenance fees are $750.00 and will be increasing.
Cost analysis of fees:
Yearly maintenance fee at present time, most likely will go up in the future.
2009 $550.00
2010 $650.00
2011 $750.00
2012 $750.00
2013 $750.00 total for 5 years is $3,450.00
Interval International yearly fee-$120.00 x 5 = $600.00
Trade processing fee $164.00 x 5 = $820.00
Total for 5 years: $3,450.00
$600.00
$820.00
$4,870.00
2. Sell to E Valley L.L.C. (Internet based E-Bay seller and holding company with a local office in Harrisonburg Va.) Licensee of Infinite Escape software used to find vacation rentals.
They offer rentals at a discount not ownership, so there is no homeowner liability there.
Multi License Plan
$9,990.00 Onetime fee
-$7,000.00 For my time share
$2,900.00
+$275.00 legal processing fee
$3,265.00 Total
Individual License Plan
$9,490.00 Onetime fee
-$7,000.00 For my timeshare
$2,490.00
+275.00 Legal processing fee
$2,765.00 Total
There is a yearly membership and software licensing fee of $189.00.
Multi License means up to four individuals can have a copy of the software so as to let them plan their vacations and only one individual can have the software under the Individual Plan.
Each year the plan gives the following reward points:
Hotel rewards $2000.00
Condo rewards $4000.00
Cruise rewards $2000.00
Rentals less than 60 days out are considered short term and run between $299 and $399 a week. Those that are beyond 60 days out are premium and run $700.00 to $900.00. The rewards points are used to reduce the price of the rental. I’ll give to examples of real rentals from online.
The Villas at Fairway Retail: $1450.00
Bushkill, Pennsylvania Rewards: $1151.00
Short term condo (less than 60 days out) Price: $299.00
Pinecliff Village
Ruidoso, New Mexico
Select condos (premium, more than 60 days out) Retail: $1395.00
Rewards: $714.00
Price: $682.00
Userid: 440742
Password: guest
Email: (you may be able to use yours)
I did a followup with the BBB of Harrisonburg Va online and found E Valley L.L.C. (Infinite Escape software) is owned by James Mason who is also the registered owner of resortconsultinggroup.net
Hope this helps
I did a followup with the BBB of Harrisonburg Va online and found E Valley L.L.C. (Infinite Escape software) is owned by James Mason who is also the registered owner of resortconsultinggroup.net
Hope this helps