Maintenance Fees

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Original Message:

Re: Maintenance Fees (by R P.):

I am in total agreement with your statements below, however not everyone is as astute as you are.

Many people go to developer timeshare presentations (mainly for the perks offered), then the salesperson tells them untruths such as; you can exchange to any of the resorts in the RCI and II wishbooks anytime you wish, you can make a profit when you sell your timeshare, buying your timeshare is a good financial investment (the only investment is insuring that your family takes a vacation each year, it is definitely not a financial investment), you can easily rent your timeshare for a profit every year that you don't use it, and the list goes on an on. Salespeople don't mention the yearly rising costs of maintenance fees and possible special assessments.

Most developer salespeople will tell a prospective buyer anything to sell them a timeshare. Then when the buyer finds out that they can't simply exchange for any timeshare in the RCI and II wishbooks anytime they please, or they can't rent for profit (or at all), or they can't sell to break even, (or can't sell at all or take a huge loss), then owners become disillusioned with the concept of timesharing altogether.

This is one of the reasons millions of timeshares are for sale in the marketplace. All the prospective buyer did was believe the salesperson. Now how is the prospective buyer going to know about the above untruths before he buys. You blame the consumer, but the consumer believes the salesperson, so, I ask you, who is to blame here?

jeffr92 wrote:
Jay Jay,

Only own at a place you can drive to and go more often. Research the company a little. Of course nowadays you will have to weed through all of the garbage to see what is factual. Don't buy impulsively. The good FEELINGS wear off.

Timesharing is a wonderful thing if you do it right. Of course you wouldn't know it for all the moaning going on these days.

Jeff