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Re: Atrium assessment.
[Re: Tom]
#147317
10/31/2017 05:11 PM
10/31/2017 05:11 PM
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Joined: Mar 2004
Posts: 4,327 Vancouver, WA
Todd
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Traveler
Joined: Mar 2004
Posts: 4,327
Vancouver, WA
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Not directed at you Tom, but you touched on this info. SXM AMF's based on a 1 bedroom unit per info I have received in early 2017: Sapphire $850.00, Towers $1025, Royal Islander La Plage $793.00, Simpson Bay Resort $1100, Flamingo $1450, La Vista $822, Divi $943.00, Sea Palace $700, Oyster Bay BR, $1113.00, Les Cottages $600. Atrium at $785.82. Factor in how often you pay a SA and how much that is and you can better compare cost, lots of other factors to consider.
I am and have been a bargain shopper for what I have purchased on SXM. Mostly off of ebay, only one I purchased direct and that was from La Vista and that was just so I could have two weeks in a row in the same 1 bedroom 2 bath unit. Not sorry about any purchase I have made, no regrets. With that said I do not ever suggest somebody purchase or not purchase, it is an individual decision. I only suggest that the person really research the ownership, AMF's and their history including items like Special Assessments. Then you are eyes wide open. Also, never finance and with that don't give them your SS# when you purchase.
I would also note that the quantity of places for sale on SXM has seemed to go down over the last year plus. Guessing that is a result of a better economy in the US.
Cheers with a West Coast "train of thought", I have been recently been told that is different. <img src="http://www.traveltalkonline.com/forums/images/graemlins/jester.gif" alt="" /> T
Last edited by Todd; 10/31/2017 05:16 PM.
I prefer the Isle seat
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Re: Atrium assessment.
[Re: RICKnGRACE_LI_NY]
#147318
10/31/2017 05:57 PM
10/31/2017 05:57 PM
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Joined: Aug 2000
Posts: 508 BF, New Mexico
dave
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Joined: Aug 2000
Posts: 508
BF, New Mexico
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Rick and Grace: that is exactly the same reason I bought a timeshare at the Atrium in 1996 - it forced me to take a vacation or lose the AMF money. It worked for several years, and I met some wonderful people and made some wonderful memories. After Festiva bought the property, things changed, and I realized that I could meet wonderful people and make wonderful memories in a lot of places - Mexico, Scotland, Belize, Costa Rica... but the purchase of the timeshare was a major step in helping me to realize what was important in life. I'm still glad I walked away from it, but I'm not sorry I had the experience.
[b][color:"green"]dave[/color]
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Re: Atrium assessment.
[Re: WWII]
#147319
10/31/2017 06:06 PM
10/31/2017 06:06 PM
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Joined: Mar 2009
Posts: 18,939 Auburn, WA
SXMScubaman
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Posts: 18,939
Auburn, WA
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WWII said:SXMScubaman said: I saw the Atrium letter. Not to transparent. At least they put something out. Diamond is yet to send any update or notifications out to us fixed week owners. I've been called by Diamond and they followed up with an e-mail. I asume that was because you had a reservation for a stay prior to the end of April. My fixed weeks are for May and supposedly via the grapevine they are to be ready by then.
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Re: Atrium assessment.
[Re: SXMScubaman]
#147321
11/01/2017 01:39 AM
11/01/2017 01:39 AM
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Joined: Feb 2006
Posts: 686 Albany, New York
WWII
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Joined: Feb 2006
Posts: 686
Albany, New York
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SXMScubaman said:WWII said:SXMScubaman said: I saw the Atrium letter. Not to transparent. At least they put something out. Diamond is yet to send any update or notifications out to us fixed week owners. I've been called by Diamond and they followed up with an e-mail. I asume that was because you had a reservation for a stay prior to the end of April. My fixed weeks are for May and supposedly via the grapevine they are to be ready by then. True.
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Re: Atrium assessment.
[Re: dave]
#147323
11/16/2017 06:54 AM
11/16/2017 06:54 AM
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Joined: Mar 2003
Posts: 29
dmsog
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Traveler
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Posts: 29
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dave said: For those Atrium owners who don't remember, they did this same thing when Festiva bought the property in 2010. They made a "special assessment" to the timeshare owner's, apparently because they didn't do their due diligence regarding finances before buying the property. The Atrium contract that I and everyone else signed specifically stated that there would NEVER be any special assessments for any reason. A large percentage of timeshare owners sued, and went to the Dutch version of court. After countless delays, the judge finally ruled that, even though the contracts we signed said no special assessments, he would allow it this one time. I told Festiva to stick it, and walked away. I'm glad I did. That's exactly what I did also.
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Re: Atrium assessment.
[Re: Philo]
#147327
11/17/2017 01:46 PM
11/17/2017 01:46 PM
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Joined: Aug 2000
Posts: 83,120 Central Florida!
Carol_Hill
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Traveler
Joined: Aug 2000
Posts: 83,120
Central Florida!
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Yet from what I read here, the same contract says they can't ever charge a special assessment?? The only protection that timeshare owners have is the integrity of the developer or current owner. I would expect no protection from the SXM government or the court system. People like Andrea at LaVista treat their timeshare owners fairly and with respect. Many of the others rip them off, any chance they get.
Carol Hill
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