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Re: Maintenance Fees (by Jeff R.):
Hi guys,
Yes ,my maintenance fees are high but I realize I am an owner and most of the responsibility for how my owner's association spends that money I can do something about If I get more involved. You know, actually go to the meetings and speak to those issues instead of sign those proxy forms.
I don't have alot of money but I know my fees are made up of taxes(rising every year) energy bills, grounds keepers, they have to clean that place every week (think how long that takes if they do it right) stock the place with supplies, clean the pool, cable, insurance, members services have to be there if you need them, several salaries are involved just to manage the place, fix things when they break, wash the pool towels, maintain security, there usually is an activities staff, (don't we all like to get paid well?) and the list goes on. I know I want my gold crown resort to maintain its rating. That means at least every few years it needs a total overhaul. I paid good money and If I use it only once a year I certainly want it to look new 5 years from now. These things cost money!
Imagine if you had all these salaries to pay around the house for a week. Now imagine if your house sat on the beach and you had to pay taxes on that.
OK OK we have all that under control but now the AC compressor goes out. They don't do so well when the renters leave the doors open to hear the waves.
Do I need to go on?
There has to be a staff to make these reservations and someone to manage them too!
Jay Jay says the answer is to get rid of them and just rent. That will work until every one gives them up and then there is no one to rent from. And then we have the gall to say they are charging us too much to rent for a week. Give me a break!
I wonder if the timeshares will have a come back like stock or better yet Beanie Babies. Probably so with all the confusion going on.
Stop and think before you type to hear yourself typing. Now maybe we'll give the developers a break thisweek and trash the exchange companies. Next week we'll change up again and talk trash on Redweek.
Are you that perfect? I think not!
Jeff