Residence Club Shopping? Check Ratio
How available are snazzy homes in the Residence Club you're thinking of joining? Undoubedly more available than in timeshares, due to lower member-to-resident ratio (typically 6:1 in residence clubs vs. 48:1 in timeshares). But some new clubs have ratios as high as 12:1, I'm told by Signature Destinations, a new Seattle-based outfit. Ask the question and do the math: calculate implied ratio by dividing avgerage property price by the membership deposit.
Labels: second homes