Report Abuse

Any timeshare owner should fully EXPECT maintenance fees to go up every year, probably by an average of about 5% annually. Electricity, heating and cooling equipment and its' maintenance, pool, pumps and maintenance, periodic interior furniture (and appliances) replacement, property insurance, grounds upkeep --- these are all things that go UP in cost for everyone, everywhere --- never mind just at timeshare properties. Why on earth would anyone believe or expect that timeshare maintenance fees would somehow magically just stay the same when the costs for all those things listed (and others) increase every year? That math doesn't work. What in your life ever goes DOWN in cost? No one can do anything about rising costs or rising maintenance fees. All a timeshare owner looking to get rid of a timeshare can do is advertise everyplace they can think of --- or attempt to deed it back (there must be resort cooperation and acceptance to do this). Unfortunately, sometimes a timeshare is worthless in the resale market and has to be given away for free if it has no demand or resale value. Sometimes the owner will even have to offer to pay the closing and transfer costs themselves, even if giving it away for free. Some timeshares simply have no demand or value whatsoever, sad to say. [Q=jennye15] So what do owners suggest when maintenance fees keep going up every year and want to sell and we have loan paid?[/Q]