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Re: Maintenance Fees (by Marl M.):

I completely agree, and I have done the math before to come to the same conclusion. What is even worse, most of the timeshare co's oversell theweeks like crazy--there is no legal restriction from their overselling--they all deny it but they all do it--so they dont just sell 52 weeks a year; they may sell 500 weeks ayear, counting on most people not using their weeks there at all in some years, or banking them and exchanging them thru RCI or some other exchange, just pusing the overcrowding forward to the future while taking our money today and putting it in their own pockets and, with our maintenance dues, just buiding and expanding new units instead of doing real, actual, responsible maintenance on the units we actually bought. So I have found my units deteriorating steadily, uninsured, and finally blown down in a hurricane with no rebuild as there was no adequate insurance. This was the most basic item supposed to be covered by our dues. It was not.

aristotle1 wrote:

The maintenence fees are much too high in all the resorts. Take for example a one bedroom unit one may have for one week. One can find to rent one such resort for 70$ to 100$ a day or or on average 550$ per week to rent a given place yet the maintenance fees are about the same as renting a place for which one did not pay 15,000 or 20,000 on day one to own that week. If we take a unit where the maintenance fees are 500.00$ per year per week. If we assume that the developer sold the same unit for 45 weeks. This means that the developer collects 22,500.00$ per year for that one unit. Given that the building may have 20 units he is collecting 550,000.00$ per building per year. That to me is very high for maintenance fees. I like to see what others think. My email: irini90@msn.com