Hi, I have a time share unit or points thru Equivest at Blue Ridge Villas in North Carolina. Recently we have been taken over or managed by Festiva Resorts. We have had several presentation opportunities with Festiva which we attended in thier effort to convert us to The Adventure Club. This process of converting was going to cost several thousand dollars which we would not even consider.
There lastest attempt to get us to convert is a 990.00 dollar conversion cost to the Adventure Club in which by my appraisel is not as flexible as the contract I have with Eqivest. They have what I call a scare tactic within the package. They have noted that Eqivest has a dwindling membership which is going to amount to larger maintenance fees and special assessments.

I have several questions to anyone that is knowledgeable about this subject:

Is Equivest going to go under because of dwindling memberships and defaults?

Is the fact of much higher maintenance fees just a threat or reality?

Is Festiva a time share resort that I would want to be a part of?

What is the fate of Equivest Owners if the membership does go under?

Should we hang on to our Equivest contract to the bitter end?

Any advice in this matter would be appeciated,
John