Tax liens purchased on land formerly associated with resort
DAVIS — A Pocahontas County corporation recently purchased the servicing of tax liens on several parcels of land that were formerly associated with the Timberline Resort area in Tucker County.
This land is separate from Timberline Four Seasons Resort itself, which was sold at auction in November.
“What we have purchased there are tax liens, and we don’t own anything yet there in Tucker County. So, the plans are just to service the tax lien at the moment. Some tax liens get foreclosed on and are deeded to the party servicing them, but that hasn’t happened yet in Tucker County” stated Oak Hall of WVTD, LLC, based in Marlinton. “So, there are no plans in Tucker County at the moment.”
“In other words, what you’re seeing there are just tax liens. They’re not real estate transfers of any kind. They’re tax liens on the real estate from the sheriff’s tax office they sell each year, but the only thing that’s transferred right now is just the servicing of the lien itself,” he said.
Frederick Herz, Tracy Edmonds Herz and Dr. Frederick Reichle filed for chapter 11 bankruptcy for Timberline Four Seasons Resort Management Company, Long Run Realty, and Herz, Herz & Reichle, on April 30 in federal court in Pennsylvania.
Timberline Four Seasons Utilities, also owned by Fred and Tracy Herz, was placed into receivership following an order in March in circuit court in Tucker County.
Separately, Perfect North Slopes, Inc., a family-owned ski resort based in Indiana, purchased Timberline Four Seasons resort itself for $2.2 million in November during an auction that took place in the office of Timberline’s attorneys, Ciardi, Ciardi & Astin in Philadelphia.
After the sale, Chip Perfect of Perfect North Slopes said in a press release that “Members of the Perfect North Slopes management team will be forming a new management group, with the intent to revitalize the Timberline Ski Area to its fullest potential.
“We are excited to bring our extensive ski area operation experience to the Timberline property,” the release states.
“The property has great potential, a stunning West Virginia setting and some fabulous terrain and ski runs. “The property however is not without its challenges. It is going to take some time to overcome those obstacles. The team’s current plan would be to reopen the ski area for the 20-21 season,” according to the release.




