[WSBARP] WSBARP Digest, Vol 40, Issue 1

Wed Jan 3 10:01:26 PST 2018

Greg,
       I am not familiar with timeshare extractions but can indicate a few things.
       I am very familiar with the Grand Mayan resort in Nuevo Vallarta which is about 15 miles north of Puerto Vallarta. There is also one in the Marina district on the north end of PV. The latter is small and not very enticing. The former is a really nice resort complex with a lot of amenities. 
       There are web sites where people sell their weeks or just outright sell the whole package. Redweek.com is the one I know of. If the timeshare is at Nuevo Vallarta, it might be very salable if your client is reasonable about the price. People seem to think the value of their timeshare is consistent with what they paid. This is not the case. I have used Redweek to buy a week of time from an owner and it has worked very well and a cheap was to go. In looking at the site, both for selling weeks and an outright sale, there seem to be two categories of sellers. There are people who vastly overestimate what the worth is and then people who are realistic. 
       If you look at the site, people tend to puff how many people the unit can hold. So it gets confusing comparing what the market looks like. In Nuevo Vallarta, the primary units are two bedroom with a living, dining, and kitchen area in between. However, some people only buy a bedroom, while others have one bedroom with the living, dining, and kitchen areas. Some people claim the two bedroom units sleep eight which people are on sofa beds, etc. So in comparing, you need to look at the bedrooms, not the number they claim to sleep.
       Also, when you are searching, they are phasing out the name Grand Mayan and are going by Vidanta. Also, at the Nuevo Vallarta location, there are at least three different levels of units depending on what building you are in and the amenities that attach to each. However, with the units I am familiar with, the configurations tend to be the same, although the Luxxe units, which are the top end, have and extra small room off of one of the bedrooms that can be easily used for sleeping on a sofa bed. My description of the units applies to the Nuevo Vallarta location and to the Grand Mayan and Luxxe units. I have been to the PV location but have not seen the units. I know someone who has and could check for you if need be.  
       I also assume that the client's contract has some provision for transfer fees, etc.
       A lot of people are aware that some areas of Mexico are not safe. Some of the information is overblown, but in some areas there is valid concern. Puerto Vallarta is an area that is safe. I have been there many times, and have gone north as far as Sulylita(sp?). Never a problem. However, with the demise of el Chapo, the situation is a bit more fluid as there are power struggles going on. 
       Let me know if I can provide any more information.

Steve

Stephen Whitehouse
Whitehouse & Nichols, LLP
P.O. Box 1273
601 W. Railroad Ave.
Shelton, Wa. 98584
360-426-5885
swhite8893 at aol.com

-----Original Message-----
From: wsbarp-request <wsbarp-request at lists.wsbarppt.com>
To: wsbarp <wsbarp at lists.wsbarppt.com>
Sent: Tue, Jan 2, 2018 12:00 pm
Subject: WSBARP Digest, Vol 40, Issue 1

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Today's Topics:

   1. Mexican timeshare (Craig Gourley)
   2. Re: Mexican timeshare (ron at housh.org)

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Message: 1
Date: Tue, 2 Jan 2018 17:46:41 +0000
From: Craig Gourley <craig at glgmail.com>
To: "wsbarp at lists.wsbarppt.com" <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Mexican timeshare
Message-ID:
	<DM5PR1201MB01536592E320CCE6B0DF9352AE190 at DM5PR1201MB0153.namprd12.prod.outlook.com>

Content-Type: text/plain; charset="us-ascii"

Listmates,  I start the new year with the perennial question of how a client can get out of a Mexican timeshare ( Grand Mayan in Puerto Vallarta).  Has anyone had any success in getting a client extracted from these things, other than paying the buyout they demand?   Thanks in advance and Happy New Year to everyone.

Gourley Law Group
Snohomish Escrow
The Exchange Connection

1002 10th Street / PO Box 1091
Snohomish, WA 98291

360.568.5065
360.568.8092  fax
Craig at glgmail.com<mailto:Craig at glgmail.com>

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Message: 2
Date: Tue, 2 Jan 2018 09:50:29 -0800
From: <ron at housh.org>
To: "'WSBA Real Property Listserv'" <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Mexican timeshare
Message-ID: <087101d383f2$2db22410$89166c30$@housh.org>
Content-Type: text/plain; charset="us-ascii"

Reply to the group please - I too have a client with the same perennial
question.  Thanks and Happy New Year!

I AM TYPICALLY IN THE SEATTLE OFFICE ON TUESDAY AND THURSDAY AND IN THE
MOUNT VERNON OFFICE ON MONDAY, WEDNESDAY AND FRIDAY 

Ronald G. Housh, P.S.

Attorney at Law

Seattle Office:

1420 Fifth Avenue, Suite 3000

Seattle, WA 98101-2393

Phone:   206-381-1341

Fax:        206-464-0461

Email:     <mailto:ron at housh.org> ron at housh.org

Mount Vernon Office:

21411 Bluejay Place

Mount Vernon, WA 98274

Phone:  206-235-2459

Email:    <mailto:ron at housh.org> ron at housh.org

From: wsbarp-bounces at lists.wsbarppt.com
[mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Craig Gourley
Sent: Tuesday, January 02, 2018 9:47 AM
To: wsbarp at lists.wsbarppt.com
Subject: [WSBARP] Mexican timeshare

Listmates,  I start the new year with the perennial question of how a client
can get out of a Mexican timeshare ( Grand Mayan in Puerto Vallarta).  Has
anyone had any success in getting a client extracted from these things,
other than paying the buyout they demand?   Thanks in advance and Happy New
Year to everyone. 

Gourley Law Group

Snohomish Escrow

The Exchange Connection

1002 10th Street / PO Box 1091

Snohomish, WA 98291

360.568.5065

360.568.8092  fax

Craig at glgmail.com <mailto:Craig at glgmail.com> 

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