Grand Timber Lodge

Category Real Estate Timeshares for Sale

Current price $202.50

Listing type Chinese

Location Plano, Texas 750** US

Quantity sold 1

Quantity available 1

Bids 2

Seller toomanyids (528)

Seller rating 100% positive feedback

Number Of Bedrooms 2

Property Address 75 Snowflake Drive

State/Province Colorado

Seller State Of Residence Texas

Maintenance Fees (dollars) 650

Number Of Bathrooms 2

Zip/Postal Code 80424

Demand Color Code Red - High

Week Of The Year 25

City Breckenridge

Type Mountains

Resort Name Grand Timber Lodge

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PROPERTY DESCRIPTION
75 Snowflake Drive
Breckenridge, CO 80424
Biennial Floating Summer Season (weeks 21 - 39)
Deeded (perpetual ownership) as Unit 411 / Week 25
2 Bedroom / 2 Bath Lock-Off (1 Bedroom + adjoining Studio)
Use on Odd Years Only (use lock-off to schedule 2 different weeks the same season/year)
Available for use in 2021 & Reservation system opens in May of 2020
If scheduling is an issue, Grand Timber Lodge also handles rental of weeks and they are affiliated with Interval International (membership not included)
Annual Maintenance Fee (2020 has been paid) = $641.40
2021 Maintenance Fee will be the responsibility of the buyer
Statements will be sent on Jan 1, 2021 and due by March 1, 2021
Property tax is included in the maintenance fee
No special assessments are due
There are no loans, taxes, fees, or other obligations, due on this property
Buyer should request an estoppel letter during closing (via title company) as additional confirmation that no encumbrances exist
Grand Timber Lodge has confirmed they do NOT have the right of first refusal (ROFR) on this deed, property will sell to winning bidder
If the property was not described accurately in this listing, your final bid will be reimbursed
Please confirm that Club Member Benefits transfer
I have these benefits because I met the conditions in the GTL Disclosure in effect at that time (around 2010), excerpt follows, "If you choose to sell your week(s), you may transfer your club member benefits to buyer only if you purchased your week directly from Grand Timber Lodge and the buyer has not previously toured Grand Timber Lodge".
The 2016 disclosure appears to have been more restrictive, "Each Vacation Owner that acquires a Vacation Estate directly from Gold Point Lodging and Realty, Inc., or its authorized agent, is automatically a member of Grand Timber Lodge Club with respect to that Vacation Estate. Vacation Owners that acquire a Vacation Estate from a party other than Gold Point Lodging and Realty, Inc. or its authorized agent must pay a Resale Initiation Fee in the amount of $20,000.00 as a condition to becoming a Club member with respect to that Vacation Estate."
The 2020 disclosure no longer has a provision to pay for Club benefits, just stating, "Club membership with respect to a specific Vacation Estate is automatically available to Purchasers who acquire the Vacation Estate from Declarant or its authorized agent."
_CURRENT WORD BACK FROM THE BGV HOA OPERATIONS MANAGER IS THAT ALL GTL OWNERSHIP INCLUDES CLUB BENEFITS REGARDLESS OF HOW THE UNIT WAS PURCHASED (DIRECT OR THROUGH RESALE). AGAIN, PLEASE CONTACT THE HOA OPERATIONS MANAGER DIRECTLY TO MAKE SURE YOU ARE SATISFIED. I CAN NOT PROVIDE ANY GUARANTEES._
AUCTION PROCEEDS & CLOSING
Auction proceeds and sales contract should be sent directly to the title company
At auction close, send me your email address and I will forward a standard Colorado Division of Real Estate sales contract, with completed seller's information
THE FOLLOWING COSTS WILL BE PAID IN FULL BY SELLER (ME):
Closing Costs (including Title Insurance) of approximately $450
Breckenridge Real Estate Transfer Tax 1%
HOA Name Change Fee $25
Estoppel Fee $35
_For example, if the auction is won at $295, NOTHING ELSE IS DUE TO TRANSFER OWNERSHIP_
_The 2020 maintenance fees are paid and 2021 isn't due until March 1, 2021 (that will be billed next year to the new owner)_
This title company is local to Grand Timber Lodge and has experience working with them
Title Company of the Rockies will handle closing (non-negotiable) like any other standard real estate deal
TITLE COMPANY OF THE ROCKIES
235 South Ridge Street
Breckenridge, Colorado 80424
970-453-6120
970-453-9077 (fax)
I will use 2-day air service for paperwork (faster closing for you)
Completed sales contract and full payment is due to Title Company of the Rockies, 15 days after auction close. They will only accept a Cashier's Check or Bank Wire (they don't accept credit cards)
The average closing time (from receipt of funds/paperwork to final documents sent to the resort) is 6 weeks (includes title insurance processing)
ABOUT GRAND TIMBER LODGE
RESORT FEATURES
Spa
Bar & Grill
Shuttle Service (or a short walk down to Main Street)
Pools & Hot Tubs, Fitness Center
Grand Room
Two story, vaulted ceilings, floor to ceiling glass windows, large screen television, regulation sized pool table, sitting porch overlooking mountain views.
Several over-sized chairs & couches situated around an enormous stonework gas fireplace. Additional sitting areas & wireless internet.
General Store, Playground, Grills & Gardens, Arcade
DVD Rental, Wireless Internet
RESORT ACTIVITIES
Exercise Equipment
Movie Nights (reserve your own media room)
Varies, see GTL Activities Desk for more
ABOUT BRECKENRIDGE, COLORADO
Small town located 80 miles west of Denver
@ 9,600 feet above sea level
Alpine climate due to the elevation
Typical July / August high temperature of around 75 F, typical low of around 50 F
Summer activities include mountain biking, rafting, hiking, fly fishing, sight seeing, etc.
Peak 8 operates a fun park in the summer (adults can ride the alpine slide).
Breckenridge recreation center has indoor & outdoor tennis courts, racquetball, indoor rock climbing, and more.
Restaurants to satisfy all palettes and budgets (more in Frisco & Silverthorne).
Lake Dillon is about 12 miles away (Marina / Rentals)
Outlet shopping in Silverthorne, Colorado
Far too much to include here!
By placing a bid on this item you have agreed to the Terms & Conditions and intend to complete the sale and provide contact information within 5 days of auction close
FAILURE TO READ THIS MATERIAL DOES NOT DISMISS YOUR RESPONSIBILITY
I RESERVE THE RIGHT TO END AN AUCTION EARLY OR CANCEL BIDS AT ANY TIME

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