Enjoy your own New England condominium retreat in the Berkshires, with the best views for miles!  

 Whitcomb Summit Condominium Resort

FAQ

Below you will find answers to frequently asked questions. If you need more information, don't hesitate to call us at 413.662.2625

Question:  Why a condominium motel resort?  

WSR:  It’s a win-win solution for everyone.  We are doing what Marriott does – have private investors own the real estate.   Whitcomb Summit has been in operation since 1914, with a great reputation.  Because individual users and/or investors will purchase the units, a large percentage of this investment can go to improvements and allow us to provide more amenities and better service to our guests.  Also,  more effort can go into the marketing, so your unit can be rented often to offset your investment.  Overall, we think this is a formula for success.  

Question:  So why rent out at all?  Why not just manage it for the individual owners.

WSR:  Good question.  Most condominium complexes sell units to owners, and collect condo fees to maintain the property.  We could have done the same.  But we have a real advantage, in that the Whitcomb Summit has a name and has been in continuous operation since 1914.  Many people who own condominium units in resorts or complexes do want to rent out their units when they are not using them.  Often management tries to help and they also ask the owners to market their own units –but it’s always a mixed bag. By contrast, having a real motel/cabin operation to rent your unit for you is a great advantage to offset your cost of ownership. We do all the work for you and we can get results.    

Question:  Is there an advantage of owning a motel unit rather than a cabin?

 WSR:  The rooms are less expensive.  Most visitors tend to want the cabins because they are more fun, more individual.  The cabins are more expensive because in a sense, each one is a complete little house.  However, the expenses associated with maintaining them are not that different than a motel room. The condo fees are about the same.  So although we charge more for renting them, owners of cabins get more of a return, giving them additional income to offset the higher purchase price.   So if you enjoy owning a cabin, go ahead.   The major advantage of purchasing the motel rooms is simply that they are less expensive. 

Question:  Why do people choose to stay at the Whitcomb Summit rather than other motels and inns just a few minutes away in town?

WSR:  People come to the Berkshires to get away from the city and to enjoy country air.  In fact, according to a recent study commissioned by the Berkshire Visitors Bureau, despite the many cultural attractions in the area, the number one reason that people visited the Berkshires was to get out of the city and into the country.  So if you are coming to the country, why stay in-town?  Save in-town hotel rooms for your visits to metropolitan cities.   That’s what makes a condo motel room or cabin at the famous Whitcomb Summit Resort so special – you are closer to nature - you can watch the stars at night and enjoy the sensational vistas of pure countryside while still being only 10 minutes from town and many attractions. 

Question:  Can I redecorate my cabin or room and still rent it?

WSR:  Yes, but if the rooms vary significantly we will put them into a separate category with custom prices, and people can choose to rent them or not.  You might increase your chances or decrease them.

Question:  I like everything I’ve heard and I love the Berkshires, but how can you offer the cabins at such a low price?

WSR:  The people behind the new resort upgrade have a basic philosophy – don’t be greedy.  This is really a win-win all around.  The resort gets a substantial upgrade and more cabins to rent out without having to increase debt, and the management is able to offer a much-improved product to their customers.  We already own the land, plus we’d rather sell them quickly, and concentrate on the overall operation, than to sell a few, and to take longer for a few extra dollars.  In summary, the numbers work for us.  

Our prices are for early-bird purchasers!  We have structured the project to give  a substantial discount for getting in early.    

Question:  I hate time-shares.  Is this something like that?

WSR:  We don't like time-shares either.  This is nothing like that.  With time-shares you don't own the real estate.  You are paying in advance to use a vacation room, in either one place or within a group of places because you can exchange rights.  Please don’t bring up that name with us.  This is full ownership.  At Whitcomb Summit you will have a deed to your cabin or condo unit.  You can use it for your personal use and also rent it out.  It’s yours.  And it’s yours to sell - just like any real estate property - for a profit.  

Question:  Can I finance my unit with mortgage?

WSR:   You should qualify for a standard mortgage unless your bank has a specific limitation on condominium motel/resort units.  That depends on the bank.  Otherwise, most standard mortgages apply.  Some people can just finance it with a home equity loan. Plus local banks are offering financing at very low rates. Call us, we can help.

Question:  I’m interested.  What’s the next step?

WSR:  Choose the cabin site or condo motel unit you want and sign a reservation agreement. We will hold any deposit in an escrow account until closing. Once we settle, you own the unit- lock, stock and barrel as they say, but we are here to help you and rent it.  Just email or call us at 413.662.2625.

 229 Mohawk Trail, Florida, MA 01247         Tel. 413.662.2625       info@WhitcombSummit.com