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Re: Maintenance Fees (by Jon S.):

angelm22 wrote:

Can anybody help me?

I purchase 6 timeshares in an auction in San Francisco, CA. I contacted the developer or the resort finding out more info about it. No reply. I went overseas for a few months. when I returned, I had $3,600 bill for maintenance fees. I asked for their Declaration or Conditions, Terms, etc. Nothing. I was sued. Collection Agency is billing me for approximately $67,000. what can I do?

Also, they put a lien on our property in Sacramento, CA, not in our Nob Hill ts in SFO.

They destroyed my credit report.

Pls. advise or help or email me at... Angelica.M.Mitchell.CIV@msc.navy.mil

Thank you so much!

Angel: I suspect that you should have done alittle research before submitting your bid. You do have to pay maintenance fees on EACH unit/week that you purchased. Sounds like fees might be $600. per unit per week, for the $3,600. total. To start with I would suggest you pay that fee and that should solve the problem. Have no idea what the $67,000 might entail, but probably the usual atty fees, penalties, etc. Would contact the Attorney for the resort and see if they will drop the matter for payment of fees. You don't indicate if you are familiar with TS policies, but you are going to have pay these fees every year. You also need to obtain written documentation on the nature of the fees. Was the prior owner in arears on his maintenance fees? That might be at least part of the problem, but doubt that there is not much you can do about it at this point. If you don't pay at least the $3600, your expenses (legal) will just keep getting higher. Based on your limited information, my suggestion is quickly pay the fee and hope that that resolves the issue. In my opinion, six months is a bit early to file a suit against an owner, unless there were prior or pre-existing problems with previous owner or yourself.