The Desert Mountain Membership upcoming assessment is predicted to be approximately $15,000. This is the figure that has been published by Desert Mountain Properties in their annual publication to cover the cost of the turnover to the members. You can read the entire publication, as well as other information about the Club, on our Desert Mountain Downloads Page. I predict that in the end, the assessment will actually be less than the $15,000 estimate, but only time will tell. Each Desert Mountain Club Member will receive a bill in early 2011.
I personally feel that there should be an exception for new members. There are many people who are waiting on the sidelines and will not purchase a home or membership in Desert Mountain until the turnover occurs. They simply do not want to pay this additional amount soon after joining the club.
The Mirabel Golf Club, which is located directly across from Desert Mountain, is going through a similar situation. They just turned over their club to the members in October and now face an assessment. Each member is being asked to pay a $5000 assessment to pay off the debt of the Club accrued during the turnover, as well as a $2500 operating expense assessment. Mirabel, however, is doing it the right way, in my opinion. All new members, who purchase after July 2nd, will not be subject to the assessment. This exception is an excellent idea. The Club is much more likely to continue to sell memberships briskly. It ultimately will make the Club more financially healthy.
Call me for a tour of golf homes for sale. I sell homes in some of the best golf communities in Scottsdale including Desert Highlands, Estancia, Troon and others.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.DesertMountainHomesOnline.com