Post reply

Note: Please do not post ads in the timeshare forums. If you want to add a timeshare posting, go here.

Subject:^*

Your Message:^*

Alert me to replies in this topic
Quote original message in your reply

Original Message:

Re: Maintenance Fees Out-Of-Sight (by Jerry G.):

joel382 wrote:
rarghr wrote:
phill12 wrote:
If you look in the statement timeshares send owners every year there is always expenses for insurance.
Insurance rates in the coastal southern US may have increased in a post-Katrina actuarial reassessment. Some residential insurance carriers are withdrawing from certain US markets entirely. Even with insurance, there may be deductibles to pay, and some losses not covered by insurance (lost use of a unit during repairs, etc.)
These Scumbag Resorts are GOUGING us again! There is NO WAY it should increase that much for each and every week owner! I can see the rate going up 2-300 per condo in the building, but not 2-300 x 52 weeks!
Once again, they are RIPPING US OFF!

I have a feeling you hit the nail on the head! How easy is it going to be to sell these things some day, when the M fee is higher than the cost of a week elsewhere in the location? We are now 'upside down' as they say in the real estate biz!