Myrtle Beach timeshare owners talk about closed resort’s future

MYRTLE BEACH, S.C. (WMBF) - Timeshare owners at the Beach House Golf and Racquet Club could finally get some answers nearly a year after the resort’s sudden closure.

Two new board members were voted, following a Friday meeting discussing the resort’s future.

New board member Faye Robbins told WMBF News she plans to provide more clarity, given she’s an owner herself.

“It’s a no-brainer. Repair, renovate, move forward,” Robbins said.

However, owners have to decide what’s next for their home away from home.

The resort’s management company, Capital Vacations, sent owners a letter giving them three options.

Beach House Golf and Racquet Club timeshare owners could finally get some answers nearly a year after the resort’s sudden closure.(Megan Brown, Timeshare owner)

Owners who are up to date on their maintenance fees can vote to repair the building, repair it with upgrades, or choose to demolish it.

Each of those options comes with price tags in the millions.

Timeshare owner Megan Brown is running for a seat on the board and said after months of being left in the dark, those choices simply aren’t good enough.

“If I have to move there and run it myself, I’ll do it,” she said. “We have options, and I don’t think Capital was ready for the fight we’re about to put on, but we’re putting one on.”

Nino Rosa also owns a timeshare, and calculated demolishing the resort would cost him around $15,000.

He said he cannot pull that cash out of thin air.

“I don’t have that kind of money,” Rosa said. “I’m not going to take a loan out to give them money to tear down the building. They’re going to turn around and resell it and give us nothing in return. All we want is just what’s fair.”

Another document from the management company shows only a quarter of timeshare owners are up to date on their maintenance fees.

Those who are not will not be allowed to vote.

Some owners decided to cut ties earlier this year and accepted a $250 buyout due to the resort’s uncertain future.

WMBF News was told a meeting will be held later this month. An exact date has not been determined.

Stay with WMBF News for updates.

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