R Wild Horse Ranch review: Equity fraud 36

My family and I are interested in taking over a deed. Contact me nitazluv0112@gmail.com I grew up going there as a kid, recently moved back to the Bay and some friends go there now. Would love to take my kids 🙂

I’m also interested in taking over a deed for anyone interested in foregoing this years dues. Please email me at Veritas225@gmail.com. Thanks!

Interested in taking over a deed at R Wild. Please Reach out to me at Jessicat0800@gmail.com
Thank you

If anybody wants a share for $1 let me know. We need to get rid of our share asap.

I'm an "owner" and have had billing troubles with R-wild of Platina for the past two years.
The first issue was me being billed for bounced checks that were written by the previous owner who I purchased the deed from. There were also late fees and unknown charges from the previous owner. I couldn't make sense of the bill, I'll attach a picture of it.

Today "June 4th 2019" I recieved the 2019 assessment and a threat of collections or legal action. The bill is dated 11/1/2018 and there's $207.50 in aditional charges on it! This is the first bill that I've received for the 2019 assessment! I spoke on the phone with Deb Breznik the office manager regarding the billing discrepancies and she said that she as well as another employee had sent bills previously, yet I haven't received anything until today. I immediately spoke with my real estate attorney who advised me to pay the assessment but abstain from paying any late fees or additional charges until I get proof of R-wild having sent out a bill or even a late notice.

I'm looking for anyone who has had a similar experience with R-wild.

Please email me @: harrytom239@gmail.com

Any of you sellers getting traction on here? I need to get out of my share, Out of work and Camp fire is affecting the job market here! I'll give it away... hell I'll even split the transfer fees!
macguyver6940@gmail.com

Love the time we get to spend on the ranch. Staff is amazing and they are always offering special events. I board my personal horse there and have the ranch horses available for my kids to learn to ride. It is our go to even if just for a day visit to get out of town and swim or enjoy the rec room. Recommend the ranch to people wanting to have a great time.

There is nothing wrong with having ownership of R-Ranch. Yes, it does cost around $1300 for what amounts to a Homeowner Association annual due. I have about the same dues for my HOA in Concord and I don't make use of the facilities but they do keep up the grounds, pools, tennis courts, clubhouse and security. But it takes 3.5 hours from Concord to R-Ranch, you have haul up camping equipment and bedding ...etc and we are getting old for that. It was not a problem 30 years ago. So if anyone is interested in taking it over, we would entertain offers to sell it for $1. Email: dleong@astound.net

Hearing the words "lifetime commitment" that is all I need to know. I am not looking for something that will collect money from me forever, seems like the shares would be nearly impossible to sell..

I was an original owner at the ranch. It was a great place to raise the kids and a fun place to get away to. You do not go into any shared equity, which is what the ranch is, or any timeshare with the hopes of making a profit. The ranch was designed to be used by owners and their guests. Yes, there is a yearly assessment fee, just as a condominium has a monthly HOA fee. But that fee pays for all the upkeep of the facilities, the roads, utilities, insurance, the horses and the workers. I paid about $6, 000 for my share, I can see that I won't get anything close to that, but I'll take what I can get when the time comes, probably in 1 year.

Is anybody still looking to get rid of their deed, I'm interested in the property, for the money you pay for the year do they make any improvements?

It is a financial money pit that you will have hell trying to fit out of. I tried to sell my membership for $1000 and no takes, so I tried give my membership away and couldn't. You don't have to buy a membership, there are plenty of people who will willing stick you with the annual dues and the annual added restrictions

I have been an owner of 2 shares since 1999, and yes, the annual dues have increased slightly each year, the current assessments are only $1080, not $1200 annually and it is a worth while investment for the amenities available to owners. People buy into R Wild Horse ranch for exclusive use and enjoyment of the private property, horses, gun range and off road facilities, which is over 14, 000 acres to share with 2200+ owners. We go up once a month, driving 4 hours to get there, but knowing our fellow owners and seeing familiar faces is better than going to any town camp ground and not knowing anyone, or what to expect . You don't invest into R Ranch or ANY timeshare equivalent to gain equity, but for the rights of use.

I purchased a share in 1987 and was encouraged to purchase that week end because the price would go up in the very near future. I was also told I could refinance the property. I was also told to think of this as an investment (i.e. the property would increase in value) . I was also told the property was will-able (no mention of the life long commitment to pay the every rising yearly assessments that went along with the will-able Grant Deed) These are just some of the misrepresented facts that were used on me to encourage me to buy. I did not realize that I was lied to for about three years when I noticed the selling prices were in fact the same and the property was depreciating in value and the yearly assessments were increasing every year. I paid off the note and kept the assessments up to date to keep my share free from any more debt. I entered in to a buy back program in 2004 and attempted to sell it back ... R-Ranch dragged their feet for a few years (mean while I paid my yearly assessment) and the program became non-existent (how convenient). I am currently being sued for this years assessment (2015) My advice to you is to enter into this knowing you will be committing your self to a life long commitment to pay the yearly assessments (approx. $1200+/year) and dealing with these people is not pleasant by any means ... I found the staff and the paid employees to less than hospitable ... "Ownership" means nothing.

We are inheriting a share and do not live in the area. Are there any interested buyers out there?

I'm not an owner but I am thinking about buying a share. What are you a dummy? Did you buy this as an investment? That was your first problem. I would only buy this to use and not to try and build "value and equity" as you put it. Get over it.

We have been Owners for over 15 years and we love it! I tell people it's like a condominium without walls and carpet. The shareholders own the 22 square miles of outdoor recreation facility. It's like owning your own state park complete with improvements. It's a private community and has its own government, but you can't live there. It's not a time share, it's a common interest development... like a condo, except it's all common area with cabins, motels, full hook-up RV sites, pools, hot tub, spa lodges, horse barn with string horses & wranglers. When you're there it's yours, when you're gone it's somebody eles's. At the very least it is a 'must see for free' kinda of a thing.

Hope this helps,

-Denise

I am curios about the specifics of your comment as I am looking to possibly purchase a share in R Wild Horse Ranch.