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Re: Maintenance Fees Out-Of-Sight (by Carrie S.):

john1671 wrote:

Hi Jerry,

No, I have never been on the Board of a timeshare. I do own a good number myself and am very active in a number of discussion groups. About 14 months ago started a timeshare closing service with my brother who was the NYC Recorder of Deeds in the early 80's and in private practice RE law since.

I will admit, my personal pet peeve is the amount of time owners spend complaining yet not even reading the budget. I have been to several annual meetings and have always questioned the boards to explain various line items, particularly those with year over year increases.

...To second other postings, TUG is a great site which has MANY very knowledgable owners. Highly recommended, the best owners site on the web for general timeshare discussions.

Have a great weekend all !!!

John

I owned a hotel condo back in the early days. There were a few owners who would kill to be on the board. When we checked it out, they were fleecing us. Checking the budget and expenses and who knew which outside contractor made it all clear--crystal. hahahahaha

Just like your home, your timeshare is your business. Read everything in print you can get your hands on; chat up everyone who can enlighten you. Of course, how hard was it to find out about Katrina, or know there are hurricanes down there?

Even so, our legislatures may investigate the response of the insurance companies, so read your policies, too.

The more owners that volunteer to help the association, the btter things will be. Does your HOA have its own website to educate and enlighten the owners? Volunteering to pay for and maintain the website may even be less costly than an annual trip to the HOA rodeo.