Carolinian
TUG Member
I was just at Sandcastle for one of my weeks and was given the Festiva pitch. After coming home googled Festiva Resorts (see complaints on google), found out that the Attorney's General in several states have either brought charges against and won, or are investigating their operation in several different states - Missouri, Carolina's etc. in regards to other timeshare sites.
Does anyone know how current sandcastle owners can get a list of the other owners in the resort? Might be nice to send out the info that is included here as a heads up - evidently they are trying to see every owner that checks in with their sales pitch. Don't know how many visit here.
Also - are they charging Festiva RENT for the use of the Offices - as this is part of our property and they should not be able to come in and use it without standard/current rate rental fees to Royal Coachman or the Dunes Trust? Their agents are staying in a unit or units at the resort - are they paying fees for that use? They cannot own all 52 weeks of unit 606. Maybe they move them around to whatever is vacant. Still there should be charges made and applied to the trust.
If there are foreclosures at the resort, how does Festiva get ownership???? I would think ownership would return to sandcastle trust?? Am I just to naive?
I saw a supposed balance sheet for sandcastle comparing 2007 -2008 and there doesn't look like we are in the RED moneywise. Of course it was just flashed in front of me, and removed - but from what I saw - it looked like income and expenses matched up pretty well.
UGHHHHHHHHHHH!
The corporate law of every state I am aware of provides for this during a set period prior to the annual meeting. Call the state's Real Estate Commission or Corporations Commission or equivalent. They should be able to tell you. Organize and kick these turkeys out!