Welcome Daniel to the TUG. I am glad raintree is doing the right thing by understanding the power of the "Groundswell" and paying attention to the concerns, aspirations, and advise of its members.Hello folks. I am helping Raintree Vacation Club improve its communication with its Members. As others have posted, Raintree's leadership acknowledges that they really messed up by not providing more notice and giving Members greater insight into the financial challenges the Club is facing. We understand and appreciate the concerns expressed here and elsewhere. In response, flexible payment plans are offered for those who request them. I am not here to spam, defend or argue -- just to let you know Raintree has a new Web site, www.raintreelistens.com to provide answers and enable better connections between the Club and Members.
Everyone is entitled to their own opinion. I respectfully disagree.[/QUOTE]1. Consider your investment in the Club Regina/RVC a sunk cost and walk away. They can take your "asset" back and cancel your membership. It is hard to imagine they would have any recourse to one's credit rating given that the time share has been fully paid for.
Read your contract. You agreed to pay maintenance fees. If you don't pay, they can (and will) report your nonpayment to a credit agency. What you paid for the 30-year (or remainder, if you bought resale) RTU contract is only part of the contract. MF's are essential to running the property. That's true with ANY timeshare.
3. Pursue the class action lawsuit avenue...long and arduous, but perhaps the best way to recoup some of our investment.
Realistically, no one would take this case, unless you want to pay a lawyer money up front. But what is the complaint? That you don't want to pay a special assessment for improvements - that RVC has the right to issue? Regardless, you will not recoup your initial "investment" for your timeshare purchase - especially if you bought from the developer. Hasn't TUG taught us all that "Timeshares are not financial investments!"
One gets the sense that this organization is going down...and in my mind it would be foolish to, in all probability, throw good money after bad
A total of 50 complaints were made against Raintree in the last 3 years. 43 of those were in the last 12 months - when the special assessment (equal to one year MF's) came out. Almost all the complaints were over billing/contract disputes - not too surprisingly.Beware...Raintree is now rated F by the Houston Better Business Bureau. Huge outcry over mismanagement, escalating maintenance fees, and an outrageous "special assessment"
REALLY? Requiring members to now pay for perks that were part of the membership we paid for every year? You call that a "benefit?" Get real Keeney. What you fail to state is that while members encourage cost savings, they never suggested, agreed to nor asked to have benefits cut for which they contracted when purchasing their time shares. RVC has breached the original sales agreements with members- without consent or agreement.Raintree Vacation Club now manages and operates those properties as it does the majority of other resort properties that fly the Raintree banner. We believe that this move will provide savings and improve the level of service enjoyed by Members. Starwood responded by discontinuing some of the perks for Members -- but Members continue to have access to Starwood facilities at the same costs that hotel guests pay.