Myrtle Beach resort, The Beach House Golf and Racquet Club, to remain closed for ‘major repairs’

[Eric B]

Myrtle Beach resort to remain closed for ‘major repairs’

The Beach House Golf and Racquet Club in Myrtle Beach is nowhere near reopening.

www.wmbfnews.com

 

[Laurie]

The ongoing saga/drama is being reported on locally, more to come. Capital Vacations, the management company, is acting unconscionably towards owners -- shocked not shocked. Many owners have been going for decades and over generations, and are beyond furious and grief-stricken over this situation. This place was our very first timeshare acquisition back in 1997 (resale, after rescinding a developer purchase), and it was very good to us for trading (very first trade: 3 weeks in Spain, 2 gold-crown) and lots of very low-cost bonus time. Then after some years we'd passed on that week to another TUGger, and then we'd recently acquired a summer week (thanks to a TUGger), ironically our very first ownership intended for our own use only, not for trading -- nothing fancy, but location location location. We only got to use it once before this happened. An annual summer week sitting on a rocking chair overlooking the beautiful Atlantic was so relaxing and age-appropriate, and there was something about coming full-circle back to where our world-traveling adventure had begun. Oh well.

‘We’re not rolling over’: Timeshare owners demand answers after resort in Myrtle Beach suddenly closes

Timeshare owners said they are still in the dark after The Beach House Golf and Racquet Club suddenly closed in July.

www.wmbfnews.com

 

[rickandcindy23]

We have one week with Capital Vacations and had a salesperson cold-call us to sell us something, I didn't listen to them. They were giving away five nights or something, like I need five nights in a dumpy hotel somewhere. I told them I am giving away my week, so I am not interested in anything they have to say.

I am afraid Eagle Point in Vail is going to be closed by Capital Vacations. The real estate value is crazy high in Vail. I can see them closing the resort and telling people to turn in their deeds for a price. We have friends who own there and are definitely seeing the writing on the wall.

Why did VRI just give up management of these resorts to a disgusting company like Capital? What is wrong with this picture? Owners have no say.

It's like Bluegreen's takeover of Blue Ridge Village. They take over a resort and then send us $2,000 in special assessments so far, and I see no end to it. One big one of about $1,200, then another one of $747. Capital could easily do this to owners. I will stop paying on Foxrun, if it comes down to it. I don't need the liability of the unknown.

 

[Eric B]

‘We’re not rolling over’: Timeshare owners demand answers after resort in Myrtle Beach suddenly closes

Timeshare owners said they are still in the dark after The Beach House Golf and Racquet Club suddenly closed in July.

www.wmbfnews.com

 

[Eric B]

Letter to timeshare owners shows resort in Myrtle Beach may never reopen

Timeshare owners at a shut-down Myrtle Beach resort may never see their home away from home again.

www.wmbfnews.com

 

[TUGBrian]

and the latest update to this saga:

‘It hurts’: Timeshare owners react to closed resort in Myrtle Beach now up for auction

The Beach House Golf and Racquet Club is up for auction and terminated its timeshare program almost two years after structural issues forced it to close suddenly.

www.wmbfnews.com

The current bid starts at $700,000, which is just a fraction of the $3 million estimate to repair the building.

After the sudden closure in 2023, timeshare owners had the option of taking a $250 buyout, transferring their deeds elsewhere or voting on the resort’s future.

In March, there was a majority vote to sell the property.


Timeshare owners then received a letter that stated all outstanding debts would be paid once the property sells, and the rest will be divided among timeshare owners who are up to date on their maintenance fees.