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New Post 11/1/2012 9:56 AM
  TShisler
92 posts




Re: RV CO-OPS IN WNC 
 Travler wrote
Thanks for the information. I have not seen the co-op other than a few photos and it appeared to have very few trees and the RV's appeared to be close to each other. I also heard they have a two year waiting list. I like the overall concept. Some of the RV resorts tend to start around $100,000 and go up.


If I have to pay that amount and then that's what I get in return, I think I'll pass.
 
New Post 11/2/2012 8:48 AM
  Travler
4 posts




Re: RV CO-OPS IN WNC 
Are you passing on the RV Co-op concept or the established RV places like Outdoor Resort? I find it surprising that the co-op for Escapees has a two year wait list. I would like to know more how that concept works since apparently your initial cost is $9,000 to $10,000. It must be getting an undeveloped piece of property/site on their land.
 
New Post 11/2/2012 12:09 PM
  mikeporter
139 posts




Re: RV CO-OPS IN WNC 
 Travler wrote
It appears they buy a lot , put in electric, pad, septic, etc. and own it for life.


Not quite. I did a bit of reading and it seems that these co-ops merely lease the lot. Not sell it. So in effect, what you are paying for is a share and a right to occupy a part of their property. You don't really own it. That's why they can set limits to you when it comes to the modifications that you can do to the lot, and why you are required to pay monthly dues to them. If you don't pay their dues, it might be reason for them to evict you from your property and offer the lease to someone else.

I personally heard a lot of raves about co-ops. But for me, I'm still not yet sold on the concept. If and when the time comes that me and my wife would have to retire from RVing because of age or illness, I'd much rather prefer to retire in my own property where I don't have to worry about any monthly dues.

 
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