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Re: Belair assessment
[Re: Tom]
#206292
10/10/2019 09:07 AM
10/10/2019 09:07 AM
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Joined: Feb 2007
Posts: 4,415 Rhode Island
RonDon
Traveler
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Traveler
Joined: Feb 2007
Posts: 4,415
Rhode Island
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Tom, maybe that's the idea--that people say this is their last. Then units can be re sold.
Years ago we attended a sales pitch at Belair. We loved the place but decided TS was not for us. Lately, I've been wondering that if every TS has sold every unit, then income is only from MF's and what would property people (owners) do to make more money. Your post has answered my question. The MF goes sky-high, assessments until finally someone, as yourself, decides to walk away leaving a unit empty for resale.
I can't tell you what to do---especially since you've paid MF's for some time. I'd pay this assessment because it isn't extremely high, wait to see if it occurs again before walking away. You may pay once, get several years before another assessment, then decide.
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