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Peppertree Atlantic Beach I bankruptcy

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allsmiles277

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Try this person.......he is a member of The Board.......James Badia, RRP PCAM
Peppertree Atlantic Beach
Board Member
843.817.8838
 
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allsmiles277

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I have friends that were at AB and they went by and took the pictures for me. You are very welcome. Now maybe the repairs on 15-25 will start.
 
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allsmiles277

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NeedsAnswersPABII said:
I am an owner at PABII and my timeshare is currently closed which means I cannot trade or use the timeshare in any way. We received a letter from RCI stating that we are no longer allowed to trade through them since our timeshare has been condemned. We are told that repairs will be made at some point but have received no other communication about that matter. I am reading that several people are going to withhold their Maintenance Fees this year until they see what happens, but we received a letter stating that if we do not pay by sometime this month, our account will be turned over to collections. We do not want our credit ruined because we did not pay. Is anyone else worried about this?

Also, has anyone heard rumblings of a class action lawsuit being formed against Peppertree or Festiva about all of this? I can't believe more owners are not upset about this. I cannot understand where our Maintenance Fees have been going all these years. We have been owners and have paid on time every year for almost 20 years!
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Peppertree has not been communicating with the owners like they should have. I understand there is communication that is coming very soon. I don't put much faith in that based on past experience. I don't care if they ruin my credit rating. The Board, HOA, and Festiva have let us all down. I have no faith in any of them and there are more than two ways to skin a cat.
 
pedro47

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allsmiles277 said:
I have friends that were at AB and they went by and took the pictures for me. You are very welcome. Now maybe the repairs on 15-25 will start.
Click to expand...

Do they have the required building permits from the city to start repairs? Can someone who lives in the area check and see are the required permits posted on site?.
 
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allsmiles277

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pedro47 said:
Do they have the required building permits from the city to start repairs? Can someone who lives in the area check and see are the required permits posted on site?.
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It is my understanding that Festiva has to submit blueprints and the local Inspection's Dept has to approve them before the repairs on 15-25 can start. There are predictions that it will take until around Memorial Day week to finish but don't believe it until you see it.
 
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allsmiles277

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RLS50 said:
Could I ask a question here related to Atlantic Beach properties?

In the last part of your comment you made a negative remark about SPM and APATB III. Can you explain? Not saying you are wrong, or that I disagree per se with your general point, just trying to get some detail and context as it specifically applies to APATB III.

I can tell you from my vantage point APATB III seems to be the polar opposite of PAB. They remodeled all the Building L units last year, and doing all the Building K units this year. Not just a new rug or a new couch, we are talking complete gut jobs and remodels from floor to ceiling in every room. They added elevators. They keep adding amenities and seem to keep the property in great shape. And their management staff always seems super friendly and responsive to any questions.

Again, I am no expert on either property at Atlantic Beach. I have never stayed there in my life (yet).

But whereas PAB and their management and HOA seem to be complete disasters, it seems to me that APATB III is making a lot of good decisions and really re-investing profits into the properties, which should make owners happy since the value of their units would (in theory) go up.

Just curious to hear the thoughts of you and other Atlantic Beach travelers that seem to know the area and resorts so well.

What am I missing?
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I am currently not in a legal position to comment on APATB III. Maybe one day I will be able to let you in on the truth about them but I would rather not say anything due to my present legal position with them.
 
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allsmiles277

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They are the same pictures. I just thought that would work so I guess I will have to be satisfied with the other 2 links that did work. Thanks for letting me know.
 
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allsmiles277

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pedro47 said:
Question, if I owned one of the demolish buildings. Will I be grandfather into one of the newer buildings without paying any additional fees?
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I know there were 3 options......give back to HOA.........get another timeshare in SECT II or SECT III of comparable value......or pay a bunch of money to rebuild which was around 2700 hundred dollars per week per owner so I guess you could get a comparable unit in another section but I can't remember if there was any fee involved.
 
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allsmiles277

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1. Remain an owner in Peppertree Atlantic Beach 1
2. Deed your interest to the HOA and walk away
3. Deed your interest to the HOA and opt for a comparable unit and week in either PAB 2
or PAB 3
 
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allsmiles277 said:
1. Remain an owner in Peppertree Atlantic Beach 1
2. Deed your interest to the HOA and walk away
3. Deed your interest to the HOA and opt for a comparable unit and week in either PAB 2
or PAB 3
Click to expand...
Read the link above which gives more information about the 3 options above.
 
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allsmiles277

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Peppertree Atlantic Beach III (#5822)
Atlantic Beach, NC 28512, USA map resort

Rating: (10)
Check-In Date Range
19-Feb-2016 - 29-Sep-2017
1 Bedroom 2 Bedroom
28 available units
Check Availability
Exchange Trading Power Range
5 - 21
remove from favorites Exchange Units Available Extra Vacations Units Not Available Last Call Units Not Available
 
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