Maine's 

   First

     Five

      Star

        Resort...

 

1-207-244-7000

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Owner Newsletter

 

 

What's New at Harbor Ridge
 
Fred Gaspar Journeys On
 
Collection Procedures
 
Special Assessment
 
Frequently Asked Questions
 
From the Board of Director's Table
 
Be Cautious about Resale Companies
 
Want an Extra Week in the Interval Exchange
 
Acadia National Park News
 
Board Position Up for Election
 
Legislative Update
 
Exchange Ins Evaluate Harbor Ridge
 
Ouch!  That Hurt!
 
Winter Weeks Have Trading Power
 
InnSeason Vacation Network
 
From the Manager’s Desk
 
On-Site Activities  
 
New Rental Policies Prove Helpful
 

Resale Transactions—Discharges Must be Done!

 

Resale Listing Policy Changes
 
Reaffirm Your Decision About Owning
 

Need Passports to Visit Canada and Nearby Countries While on Vacation

 

 

What's New at Harbor Ridge

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Daily Clubhouse Hours are from 8:00 am to 9:00 pm.  Winter Hours are for Weeks 1 - 6: Monday thru Thursday:  8:00 am to 8:00 pm.

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Internet access is now $10 unlimited for the week.

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Interval International has granted Harbor Ridge the Premiere Award for 2008--their new top designation status. 

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Many decks have been pressure washed.

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The waterside of Building Two has been stained.

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New living room carpets have been installed in Units 41 and 42.

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Associated Builders has replaced the roofs on Building One and the Clubhouse, due to a significant wind storm on April 16 and 17, 2007.  The Coast Guard clocked winds up to 80 mph with most averaging between 50 - 60 mph.  We appreciate everyone's patience while completing the repairs.

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Associated Builders repaired the water damage to Building Five.  Some exterior painting needs to be completed once good weather arrives.  

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Units 31-34 now have new hardwood laminate floors in the kitchens and hallways.

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Building One's interior painting and decorating has been completed. 

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Building Three (Units 31 - 34 ) exterior maintenance has been completed. This was done to repair water damage.  

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The clubhouse now has ramps to the front and lower lobby entry doors.  No more tripping over that lip! 

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Interval International has granted Harbor Ridge the Superior Service Award for 2007. 

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Twenty inch portable box fans have been added to the units.

 

Updated: October 26, 2007

 

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Fred Gaspar Journeys On

Owners and staff alike will miss the friendly face and voice of Fred Gaspar at the beginning of the year.  Fred has been with us for three years at Harbor Ridge working on the maintenance crew, spearheading our Owner Resale Program, hosting the breakfast and social hour, and greeting the guests at the front desk.  What a privilege to have such a jovial man to make the guests feel at home at Harbor Ridge. He will be leaving Harbor Ridge to join Darling’s in Ellsworth.  The position is perfect for him—it’s merely five minutes to work and he gets to drive customers around town in the courtesy van.  Hopefully those customers will be up to talking to our okie-dokie down-easter! Our loss is Darling’s gain!  Best of luck!

 

 

 

 

Posted:  February 1, 2008

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Collection Procedures

 

It is that time of the year when annual assessments are due sooner than most would like.  Should any owner have difficulty paying the annual assessment prior to the due date, please contact any office staff member to make a payment arrangement.  Annual assessments must be paid in full prior to using their week, whether depositing it with the exchange company or staying at Harbor Ridge. 

 

On September 22, 2007, new timeshare foreclosure legislation went into effect.  Harbor Ridge will be modifying its collection and foreclosure procedures  to adhere to the new legislation.  Harbor Ridge will be mailing out $50 late fee invoices for any annual assessment fee that is not paid by the applicable due date  of January 1 or July 1.  A 30-day late letter will be mailed out, and then a 60-day notice of lien letter will be mailed.  Owners not paying their annual assessments within 90 days of the due date will have a lien placed upon their week of ownership and the delinquent accounts will be sent to a collection agency, Meridian Financial Services.  If an owner still remains delinquent after 180 days, the resort may begin foreclosure proceedings.  A public foreclosure auction will be held twice a year—generally in October and April. 

 

The management and the Board wants all owners to understand that it is their obligation to protect the homeowner’s association.  Should any owner need payment arrangements, please contact any office staff member to set up a payment plan.  We want to help owners protect their vacation investments, so owners may vacation with their timeshare for a lifetime!

 

Posted:  February 1, 2008

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Special Assessment

 

The Board has voted to do a one-time special assessment of  $100 per week to allow the reserve account to be built back to the 7% required by the Maine State Statue and to maintain escrow accounts for owners paying in advance of the due date.  Annual owners will pay $100 per week and alternate year owners will pay $50 per week.  The special assessment will be billed on April 1, 2008 and is due and payable by May 15, 2008.  The Board voted to treat the collection of the special assessment in the same manner as collecting the annual assessment.  Owners are encouraged to call the resort to set up payment arrangements prior to the due date to avoid late charges. 

 

This is the first time Harbor Ridge has billed a special assessment and the Board believes this avenue will put the association in a sound financial position for years to come.  We understand that special assessments are not generally welcomed, but it is necessary to maintain Harbor Ridge’s Premiere status.

 

Posted:  February 1, 2008

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Frequently Asked Questions

 

Do I need to let Harbor Ridge know that I have transferred my timeshare to another party?   Yes.  After a deed has been recorded at the Hancock County Registry of Deeds, a copy of the deed should be sent to the resort by either the seller or the buyer.  The Registry does not notify the resort of these transactions.  The resort needs the information to send out newsletters and annual assessment invoices to the proper owners.

 

Why does Harbor Ridge charge a $5.00 guest fee?  More use of the amenities increases the cost to operate the facilities—more cleaning,  more chemicals in the pool and hot tub, more wear and tear on equipment.  Thank you in advance for cooperatively paying the guest fees.

 

Posted:  February 1, 2008

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From the Board of Director's Table

 

The Board of Directors’ met Thursday, September 20 for the Annual Budget Meeting.  The members deliberated over five hours on the proposed 2008 budget presented by management.  The Board asks that you please take some time to review the 2008 budget found within this issue of the newsletter, as the maintenance fee for 2008 will be increasing while the property taxes will be decreasing.   

 

As discussed at the 2006 annual meeting, management began using QuickBooks accrual accounting on January 1, 2007.  The Treasurer, Jan Franz, has worked closely with management over the past nine months, and she is confident that the Balance Sheet, the Profit and Loss, and comparison reports will provide members with valuable information.  The accrual basis brought to light the fact that many unbudgeted expenses have taken their toll on the association's cash position. The board, along with Margaret and Annette, thank Jan for her time and guidance.

 

The board recognizes that many owners have voiced concerns that unit replacements and improvements have not been done in a timely manner. Unit improvements had to be postponed, as many major unbudgeted projects needed immediate attention.  Among these projects were water damage to exterior walls of multiple buildings, storm roof damage to Building I and the Clubhouse, the pool dehumidification system, and internet installation to the units. The board and management realize that in order to maintain our Five Star Status with Interval International, improvements need and must be completed as soon as cash and occupancy allow. 

 

Fortunately, the Town of Southwest Harbor was reevaluated this year and the property taxes have decreased significantly.  The tax valuations are now based strictly on the color code of the week owned.  The number of resales and the selling prices has also had an impact. Veteran owners from the late 1990’s will remember the drastic jump when the former assessor decided to tax Harbor Ridge by using the week's total purchase price.  Legislation has recently been passed at the State level to clarify the system of assessing timeshares.  The new assessors contracted by the Town of Southwest Harbor have been fair.  

 

The result of the tax decrease along with the increase of the annual assessment will allow the staff to complete many necessary projects put on hold due to unbudgeted expenses incurred over the years.

 

The Board has also voted to do a one-time special assessment of  $100 per week to allow the reserve account to be built back to the 7% required by the Maine State Statue and to maintain escrow accounts for owners paying in advance of the due date.  Every year owners will pay $100 per week and alternate year owners will pay $50 per week.  The special assessment will be billed on April 1, 2008 and is due and payable by May 15, 2008.  The Board voted to treat the collection of the special assessment in the same manner as collecting the annual assessment.  Owners are encouraged to call the resort to set up payment arrangements prior to the due dates of either the annual assessment or the special assessment to avoid late charges. 

 

This is the first time Harbor Ridge has billed a special assessment and the Board believes this avenue will put the association in a sound financial position for years to come.  We understand that special assessments are not generally welcomed, but it is necessary and it is far less than most resort's special assessments.

 

 Updated: October 26, 2007

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Be Cautious about Resale Companies

 

On June 5, 2007, Assistant Resort Manager Annette Bartlett and General Manager John Byron attended the American Resort Development Association of New England’s (ARDA-NE) semi-annual conference at the Renaissance Inn in Providence, Rhode Island.  One of the seminar topics was on a resale company that conducts hotel seminars to encourage timeshare owners to pay their company a substantial fee of $3500 to take their unwanted timeshares off their hands and transfer the deed over to them.  To our knowledge this practice is not illegal, but the information that was given was incorrect and that could amount to fraud, which is illegal.   The company then sells or rents the timeshare to its clients.  For more information on companies that do this kind of deceptive marketing, log on to http://www.thetimesharebeat.com/2006/feb/0203-04t.htm. 

 

If you list your timeshare for sale with a resale company, please be sure that the listing company properly represents our resort.  Recently, we discovered that some resale companies listed that we had an outdoor pool, a snack bar, ice skating, and sailing at the resort.  They also listed that the maintenance fees were below $300.   We want our prospective owners to know the correct information about our property.  The resort staff will gladly complete resort information forms for a resale company. 

 

Timeshares are a legal piece of real estate; however, it should not be treated as a real estate investment.  Timeshares are an investment in a vacation lifestyle and families.  You should not expect to receive what you paid for your timeshare.  Typically, we see about 40—50% of the original purchase price on the resale market.   

 

For further consumer information on resales, visit ARDA’s website at http://www.arda.org/Content/Navigation Menu/ConsumerInformation/ResaleGuidelines/Resale_Guidelines.htm. 

 

If you would like to be included on Harbor Ridge’s Resale List, please contact Fred Gaspar at 207-244-7000.  The resort charges a 20% commission, a $200 deed work fee, and generally these fees are included in the sales price.   

 Updated October 26, 2007

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Want an Extra Week in the Interval Exchange System?

We would like to offer owners the opportunity to have an additional week deposited into the Interval International Exchange System.  The extra weeks are the use of the Homeowners Association, due to delinquent assessments.  These weeks will be off peak weeks with a regular sixty day deposit and will be valid in the Interval System for two years. The cost of an additional week is $329.00. Your Interval membership must be valid thru March 31, 2008. The resort will deposit a week upon receiving the usage fee. When confirming your vacation with Interval, you will pay an exchange fee of $139 or $154 to Interval International.

 

To take advantage of this opportunity, you must notify us and pay the usage fee by January 8, 2008 and be current on your annual assessments.  If you have any questions, please contact the resort at 207-244-7000.

Updated October 26, 2007

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Acadia National Park News

 

A minor earthquake near the park on Monday, October 2, 2006, caused rock falls that damaged several trails in the east side of the park. The following trail is closed until further notice:  East Face Trail.

 

The park's trail crew is working to make this trail safe and will reopen it to the public as soon as possible. The trail sustained substantial damage; it is anticipated that work may last until 2008.

 

Additional trails may be closed if damage is determined to present a safety threat. Please use caution and watch for loose rocks on all trails and roads in the park.  Go to www.nps.gov/acad for more information. 

 

Updated:  October 26, 2007

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Board Position Up for Election

 

The Harbor Ridge Condominium Association will be having another election this fall for two five-year terms.  Any owner in good standing with the Condominium Association is eligible to be a candidate.  If you are interested in having your name on the ballot, simply forward to Margaret Austin a brief biography of no more than 100 words by September 15, 2008.  The personal and professional information will be included with the announcement for the December meeting.

 

Go to the Board member page to view the biographies of the prospective board members.

 

The board holds meetings at the call of the President or upon request to the President by at least a majority of the Executive Board members.  The Board is required to meet at least three times a year plus hold the Annual Meeting.  Board members are, therefore, required to attend these four meetings each year.

 

Any owner interested in serving must have a willingness to work toward the goal of ensuring that Harbor Ridge remains a Premier resort.  He or she must also be willing to listen to owners,  guests, and staff and assist each group in enjoying Harbor Ridge. 

 

Should any owner have any questions about the Executive Board or running for office, please contact a Board member, Margaret Austin, or Annette Bartlett. 

Updated:  January 31, 2008

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Legislative Update By John Byron, Chairman, ARDA-New England

 

The 2007 legislative term is a quiet one for timeshare properties in Maine.  This session is a far cry from last year when Maine resorts and the American Resort Development Association (ARDA) were able to get two bills passed into law—property tax assistance and streamlining the foreclosure process with a nonjudicial foreclosure option.  Both should prove very helpful for a number of condominium owner associations through out our state.

 

One thing that owners should know is that legislators are either unfamiliar with the timeshare industry or their perception is negative due to some recent problems with two Maine properties.  Whenever we go to Augusta, even for a simple fundraiser, we have to make sure the legislators are aware of the importance timeshare resorts play within the state’s economy.  An important part of this process is bringing senators and representatives up to speed regarding property taxes paid and money spent within communities by recurring vacationers week-in and week-out.  An important objective of ARDA is putting a better and more approachable face on Maine timeshare resorts.  This goal is a constant challenge with so many legislators coming and going due to term limits.

 

E-mails and phone calls work regarding bringing a legislator’s attention to the measure, but it takes a lot of time getting a legislator’s attention and then being able to understand what the timeshare industry wants for help.   Since senators and representatives have so little time to get their arms around an issue, owners can assist themselves and their own condominium association by simply talking with their local legislators.  Tell them how much you enjoy your timeshare ownership in Maine and anything they can do to enhance that experience for you is greatly appreciated.  Timeshare owners are the best lobbyists.  If you can, simply take a second and talk to those who represent all of us in Augusta.

 

On a more positive note, Governor John Baldacci offered up this tidbit.  More than 20 years ago, my mother got our family involved with timeshares, the Governor stated, when she persuaded us all to buy timeshare units on Marco Island.  Every year we would shut down the family restaurant and head to the resort, so that we could vacation and unwind together.  It’s been a Baldacci family tradition for years, he said.

 

If nothing else can be gleaned from working with those in the state capital, Maine’s chief executive knows and appreciates the many rewards of timeshare ownership.  Members of  the Baldacci family also own here at Harbor Ridge.

 

Posted:  April 29, 2007

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Exchange Ins Evaluate Harbor Ridge

Our staff has been striving to increase the service to our guests and it appears they are succeeding!!  Every quarter Interval International sends the resort a copy of the responses of the Resort Evaluations completed by exchange-in guests.  For the fourth quarter of 2006, Harbor Ridge received a 96 out of 100 Customer Satisfaction Rating!  This has been the highest quarter rating in many years!!   To maintain  the resort’s five-star status, the resort must receive a minimum score of an 85.  We far exceeded that this quarter!! 

 

We encourage owners to complete the Resort Evaluations found in the exchange confirmation packets after their vacations. This is a great evaluation tool for resort managers to use to enhance guest services.  Owners may login to www.intervalworld.com and select the “My Transactions” link to complete a Resort Evaluation for a recent resort vacation. 

 

High Customer Satisfaction Ratings improve your exchange opportunities through Interval International!  We will continue to provide outstanding customer service to get you those fabulous five-star vacations. 

Updated:  January 28, 2007

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Ouch!  That Hurt!

The Caribbean. . .Asia. . .Africa. . .There are many destinations that your timeshare can take you.  But are you and your family properly vaccinated for the trip?  To determine the vaccinations needed, go to the Center for Disease Control's website at www.cdc.gov/travel/vaccinate.htm.  The purpose of the CDC Travelers' Health website is to provide information, based on scientific studies, disease surveillance, and best practices to assist travelers and their health-care providers in deciding the vaccines, medications, and other measures necessary to prevent illness and injury during international travel. 

Updated:  January 28, 2007

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Winter Weeks Have Trading Power!

 

One of the greatest benefits of being a timeshare owner is traveling to a variety of destinations.  Owners of summer red weeks have the greatest trading power in the exchange system. However, winter week owners have nothing to hang their heads about.  Over the years, many owners have felt that their winter week has little or no trading power with Interval International.  Be assured that winter week owners have reaped great exchanges this past year.  The following is a list of places and dates that winter week Harbor Ridge owners have recently traveled to or will be visiting in the next few months. 

 

Disney's Old Key West – Orlando, FL – October 1, 2005

 Pollard Brook – Lincoln, NH - February 19, 2006

Marriott's Beach Place – Fort Lauderdale, FL - May 7, 2005

Marriott's Manor Club – Williamsburg, VA – April 23, 2006

Club de Soleil – Las Vegas, NV – May 21, 2005

Westin Ka'anapali Ocean Resort Villas – Lahaina, Hawaii - September 25, 2005

Playa del Sol Grand – Nuevo Vallarta, Mexico - April 22, 2006

Club Sunterra at Le Manoir de deux Amants – Sous Les Monts, France – March 18, 2006

Bluebeards Beach Club – St. Thomas, Virgin Islands - December 3, 2005

Marriott's Desert Springs Villas – Palm Springs, CA -  May 7, 2006

Suites at Polo Towers – Las Vegas, NV – November 4, 2006

Marriott's Summit Watch – Park City, UT – June 9, 2006

Atlantic Terrace – Daytona Shores, FL – March 31, 2006

 

Wouldn't you enjoy a vacation to one of the above mentioned destinations! Request in advance!

The exchange system can work for you!

Posted November 15, 2006

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InnSeason Vacation Network

 

The InnSeason Vacation Network (fka the Northeast Vacation Network) is now recommending owners to deposit their weeks directly with Interval International.   If an owner has an unredeemed deposit with the InnSeason Vacation Network, you may call them to redeem it for an exchange.  You may reach them toll free at 800-582-6100 to submit your exchange request.  Owners may still purchase bonus weeks through the InnSeason Vacation Network starting at $499.  Owners may access their website at www.innseasonresorts.com/vacations with the user id  “ivnmember” and password “vacation12”.  Harbor Ridge Resort is an affiliate of InnSeason Resorts.

Posted:  October 15, 2005

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From the Manager’s Desk

 

Happy holidays!  We wish you could all see the winter wonderland here at Harbor Ridge.   We received approximately 14 inches of snow on Monday and Tuesday, and it is still hanging on the trees five days later.  Perfect snow and such beauty for cross country skiing around Acadia National Park.  Even though there are only a few units occupied now, the staff is hustling, bustling, and shoveling.  

 

It was a pleasure seeing so many owners at the annual meeting on December 1.  Thank you for actively participating in your ownership.  Jerry Williams of Livermore Falls was reelected to another five-year term  on the Executive Board of Directors.  The Executive Board appointed Dianne Lytle of Southwest Harbor to a one-year term to fill the vacant position resulting from James Murphy’s resignation.  Jerry and Dianne are both

excited about serving the owner’s association in this capacity.

 

Owner getaways are available from now until the beginning of April with the exception of school vacation weeks.  Owners may call 7—10 days in advance to make their reservations.  It is $95 for one night and $125 for  two, and these rates include tax.

 

Winter brings many local families to use the resort facilities to ward off the wintertime blues.  Just a reminder that immediate family members may use the amenities free of charge.  Owners must pay $5.00 for each friend that comes along for the fun.   

 

In closing, a former manager of mine asked one time, “How do you spell love?”  I replied, “L-O-V-E.”  He responded, “Yes, but  T-I-M-E is what it is all about.”  In the spirit of the holiday season, make your vacation reservations now and wrap up your destination or your Interval International Resort Directory in a decorated box.  What a great gift!  Let your family know this holiday season that you love them by reserving time for that upcoming, memorable  family vacation. 

 

Posted:  February 1, 2008

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According to the calendar spring has arrived!  However, we sit here writing this during the greatest snowfall of the year on April 5.  The weather was very mild until the first storm of the season arrived on January 16.  From that date the snow amount was low, but the wind was unbelievable.  We hired additional part-time workers to allow the maintenance department to work outside during this weather.  We repaired the exterior damage on Building Three. The clap boards were replaced along with the doors and windows as needed. The first four townhouses in the building are completed.  This fall when the occupancy slows down, the last four will be tackled.

 

Associated Builders, the original contractor hired to build Harbor Ridge in 1991, completed all repair work on the eight Townhouses in Building V.  Clark Young, the developer of Harbor Ridge, contacted Associated Builders upon learning about the ongoing problems with the building.  They reached an agreement whereby the cost to repair Building V would be paid by the contractor even though the statutes of limitation in the State of Maine had expired.

 

The yearly project of painting the interior of one of the five townhouse buildings was completed.   Building One was painted and  borders and decorating touches were added. All five buildings are now completed.   Hopefully we will be able to work on interior furnishings needing to be replaced next year.

 

The occupancy rate at Harbor Ridge has changed over the last several years.  We used to be able to plan ongoing projects from November until April, but not any longer.  Interval International now fills deposits made by our owners from April until the end of November, almost as soon as they are deposited. If you are unable to utilize your unit and you have not found a guest to occupy it, please let us know, as we may have a maintenance project to complete during that time.  

 

We would like to remind our local owners, who utilize the facilities regularly, the resort use is for immediate family members.  Owners are welcome to bring friends provided they pay a $5.00 per person guest fee and accompany their friends.  Children under the age of 14 must be accompanied by an adult.  The clubhouse is open from 8:00 am to 8:45 pm daily.   

 

We would like to remind owners to please call us if you have questions regarding your ownership or exchanging with Interval International.  We want all of you to get the greatest benefits out of your timeshare here at Harbor Ridge. 

 

It is important to keep Harbor Ridge up to date on address and contact information changes.  We do calls to remind you about depositing your weeks and paying maintenance fees.  We also like to call owners if we need to change a unit due to maintenance and repairs.

 

Have a great spring and summer!  

 

 Posted April 28, 2007

 

 

Happy New Year!!  Harbor Ridge has been bustling with activity  during the past two months both inside and out. 

 

We have completed the painting of five units in Building 1, in hopes of the entire building being completed by February school vacation week.  In addition to the painting, the maintenance staff has been busy repairing Building 3.  It came to our attention that there was some significant water and structural damage on the ocean side of the building.  The building is being reinforced, damage is being repaired, and clap boards, windows, and doors will be replaced as needed.   

 

The office staff has been busy collecting the maintenance fees, preparing newsletters, making reservations, and verifying deposits with Interval International.  It is always so exciting to verify a deposit and then see that a vacation confirmation is being printed for the owner.  Curiosity kills me and I have to then find out where our owners are traveling.  Vacation ownership is such a great investment in family relationships. 

 

Just a reminder to our owners that the Winter Clubhouse Hours are now in effect.  The Clubhouse is open Monday thru Thursday from 8:00 am to 7:00 pm and Friday thru Sunday from 8:00 am to 9:00 pm.  Drop in for the day and take a dip in the pool.  We’d love to see you!

 

 

Posted:  January 28, 2007

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New Rental Policies Prove Helpful

 

As mentioned in the April newsletter, the resort  revised the rental policies at the resort for any future rentals.  The new rental agreements state that the resort has the authority to negotiate the rental price up to 75% of the standard rack rate and the staff can accept four to seven-night rentals. 

 

There has been a modest increase in the rentals this summer over last year.  Again, many of our rental inquiries for this past year were short notice and for four nights.  Rental inquirers seek instant gratification and want to book the rental immediately. 

 

As always, owners may rent out their units on their own and keep all the proceeds.  Please contact the resort with the arriving guest’s name. 

 

To be included in the rental program, owners must sign and return a rental agreement to the resort.    Rentals are on a first-come, first-serve basis.  Contact the resort staff at harborridge@verizon.net or at 207-244-7000 to obtain a rental agreement. 

 

STANDARD RACK RATES

Week Number Weekly Rental Nightly Rental
1 - 6 $500 $95
7 $625 $100
8 - 14 $500 $95
15 - 16 $625 $100
17 - 20 $750 $125
21 - 24 $1000 $150
25 - 34 $1600 $250
35 - 40 $1000 $150
41 - 43 $750 $125
44 - 50 $500 $95
51 - 52 $1000 $150

 

 Posted:  November 15, 2006

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Resale Transactions—Discharges Must be Done

 

In the last year, the resort saw the largest number of resales transacted since its sellout.  However, as the number of resales at Harbor Ridge grows, owners need to keep in mind that a stumbling block to a successful transaction is a problem with the title. 

 

The first step that the Harbor Ridge Condominium Association takes when helping owners complete the transfer of ownership is a title search at the Hancock County Registry of Deeds.  During this title search, the resort staff periodically finds either an undischarged mortgage or a name on the recorded deed that no longer is associated with the Harbor Ridge ownership. 

 

In the first instance, owners that have financed their weeks and paid off the Note are sent documents by the Developer to clear the mortgage from the title.  These documents not only consist of the original Note and Mortgage, but also the Discharge of Mortgage that must be recorded with the Registry of Deeds. 

 

These documents should be recorded promptly.  If not and the discharge paperwork is lost, then it can delay the resale and add extra cost to the transaction.  The cost to redraft and forward new paperwork documenting that the Note has been paid in full is $50.00.  This extra cost will be passed on to the owner in addition to the transfer fee typically charged on resales.

 

In the case of a name not associated with the ownership but still having an interest in the property, title cannot be transferred without this person's consent.  Owners will need to either consult a lawyer or the party of interest to get him or her to sign the resale deed.

 

Please keep in mind that the Condominium Association will help any owner facilitate the transfer of ownership and assist owners in any way possible during the resale process.  However, the Condominium Association does not provide legal advice nor will it broker a deal with an ex-spouse or significant other. Owners in the process of reselling who have questions about their title should contact Harbor Ridge or the Registry of Deeds in Ellsworth.

Updated:  April 29, 2007

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Resale Listing Policy Changes

 

In November 2002, the Condominium Association started a resale listing service for owners who wanted to sell their weeks.  As time has passed, the resale list has grown to a large number of owners—some serious and some who casually want to sell. Inquiring prospects are overwhelmed by the list and many have requested asking prices. 

 

Thus, to continue to be included on the resale list, management has decided that a Resale Listing Agreement must be completed and returned.  In early May, the staff  mailed forms to those owners currently on the list to receive updated contact information and to determine listing prices.  Please contact the resort if you need one mailed to you. The Condominium Association will not be able to negotiate the sale for you, but the staff will provide the information to interested parties.

 

Once you have negotiated the sale, the Condominium Association can perform a title search, prepare the necessary documents (e.g. Warranty Deed, Transfer Tax Form, Resale Certificate, Co-Owner Agreement, and Public Offering Statement) and record the deed at the Hancock County Registry of Deeds for a cost of $200.00.  To get the process started, complete a bill of sale that can be found on our Resale Page of our website at http://www.harborridge.com/request_resale.htm.    We look forward to serving you. 

Posted:  June 14, 2006

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Reaffirm Your Decision About Owning

 

Recently, the resort staff has been bombarded with phone calls from owners regarding resales.  There are various reasons that prompt owners to call the resort about “getting out from under” their timeshare.  Lifestyles change; children grow up; people divorce; owners encounter financial hardships; or they just get tired of their timeshare and want to sell. 

 

More often than not, owners who want to sell their weeks have never even used them.  They pay their fees and their weeks go by unused.  Some owners merely do not understand how to use it!  In simplest guaranteed terms, owners can stay at Harbor Ridge for a specific week each year.  Owners bring their flower boxes, grills, quilting projects, and make their unit their home away from home for a week.  These same owners regret having to leave and return to their daily routines.

 

Owners can enjoy flexibility in both time and place. They can join or reactivate their memberships with Interval International and trade time for weeks at resorts all around the world. Whether owners want to trade summer vacation weeks to winter, visit resorts in other lands, go cruising through the Caribbean, or simply extending stays at their own resort, owning here at Harbor Ridge offers the luxury of staying in world-class accommodations with all the comforts and privacy of home.  The travel options are many and there is always a vacation destination meant to match everyone’s personal vacation style.  Don’t hesitate to call for vacation planning help.

 

Can’t find the time to take a vacation?  Don’t let your week go unutilized!  One of the most appreciated gifts you can give is that of a week at a luxurious resort. This is actually one of the biggest joys of timeshare ownership. It's a great feeling to say to a loved one, "I've booked a week in a nice resort for you--go enjoy it!"     

 

Do you own your own business?  Looking for a tax write off?  Show your customers how important they are with a vacation giveaway drawing.  Better yet, give your star employee a week’s vacation on you. 

 

So, utilize your ownership at Harbor Ridge and take that much needed vacation!  Once you're on vacation, you'll appreciate being a timeshare owner even more! You'll enjoy first-class vacations with all the comforts of home, BUT without all the obligations or worries!! Your only requirement is to spend quality time with your family and friends, enjoying the food, activities, and sights. As a timeshare owner, you'll quickly discover what a REAL vacation is… each year, for the rest of you