dragonlady
TUG Member
I inherited a deeded TS - Thunderbird Resorts in Sparks NV from my mom and dad. Part of the reason I picked it up from them was that NV is close to home (CA), and it is part of the RCI group, so I simply folded the account into my existing RCI account, providing me with additional points to use to travel.
Thunderbird is an older resort that is currently trying to upgrade all their units (carpets/paints, new furniture, new electronics - TVs/etc). To come up with all this money they are doing/did two things. One they joined a consortium of resorts called QM Resorts (influx of money and advertising) and raised a special assessment (maint fees).
It seems that by using the special assessment, they are pressuring deeded owners to sign their deeds over to QM resorts in exchange for promised lower yearly fees along with 3 weeks of vacation vs a single week (3 weeks anywhere in their system of 6 resorts in the Reno/Lake Tahoe area) vs only a single week in Sparks.
You lose access to the RCI point system, but gain access to Interval International and something call SFAccess.
All this for only a one time cost of $5,000!!! (ie you get to buy your timeshare again, but this time with no deed). You are part of the club!!! (Silver/Gold/Platinum levels).
They have approached us twice now, once providing us with a free 4 night stay at our resort, and now via a conference phone call.
The have convinced approximately 83% of the former owners to sell/trade out to the club, partly through the enticement that club owners do not have to pay the special assessment.
The sales guy even tried telling us that our heirs would be stuck with the TS if we did not do this, but if we went with the club, our heirs could simply forfeit the TS back to the trust (which is the club).
Why they would even finance us in the endeavor with a 10% downpayment and pay over time.
Anyone else here dealt with these guys?
Thunderbird is an older resort that is currently trying to upgrade all their units (carpets/paints, new furniture, new electronics - TVs/etc). To come up with all this money they are doing/did two things. One they joined a consortium of resorts called QM Resorts (influx of money and advertising) and raised a special assessment (maint fees).
It seems that by using the special assessment, they are pressuring deeded owners to sign their deeds over to QM resorts in exchange for promised lower yearly fees along with 3 weeks of vacation vs a single week (3 weeks anywhere in their system of 6 resorts in the Reno/Lake Tahoe area) vs only a single week in Sparks.
You lose access to the RCI point system, but gain access to Interval International and something call SFAccess.
All this for only a one time cost of $5,000!!! (ie you get to buy your timeshare again, but this time with no deed). You are part of the club!!! (Silver/Gold/Platinum levels).
They have approached us twice now, once providing us with a free 4 night stay at our resort, and now via a conference phone call.
The have convinced approximately 83% of the former owners to sell/trade out to the club, partly through the enticement that club owners do not have to pay the special assessment.
The sales guy even tried telling us that our heirs would be stuck with the TS if we did not do this, but if we went with the club, our heirs could simply forfeit the TS back to the trust (which is the club).
Why they would even finance us in the endeavor with a 10% downpayment and pay over time.
Anyone else here dealt with these guys?