Maintenance Fees

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Original Message:

Re: Maintenance Fees (by Ronni W.):

I own at the lekki teki village in FL. It is a nice resort. I own a 3 bedroom (8,000 pts per yr.) my maint and taxes are $1,000. When I bought they told me that the fees had not gone up in the last 3 years, yet every year after I bougt it has gone up. However, I have 4 children age ranges 4-14. I need at least a 2 bedrooms when I travel. I don't know where these deals are that everyone is talking about. All I know is that it cost me $15K for the timeshare and I spend $1,000 in maintenance. Are you saying that if I sell my timeshare, I could rent someone else's timeshare for the same $1,000? or less? I was thinking of getting membership here. Are people actually renting their timeshares here. Are there enough people looking at these? I was going to go for one that I paid $600 one time fee and they would rent it. They say a 2 bedroom is going for $1,200 - 1,500 (during the summer in FL at my location), yet when I look at the rent listings here, it is not that high. They tell me that they are selling 3 bedrooms for $13,500-16,500 that they say is their current selling price. So if they take my $600 and I let them rent it i will make at least $1,200 (so they say). What is their incentive to advertise my rental if they are only getting a one time $600 fee. Why are their renting and sellling prices higher then what i see here? Obviously a teaser amount to get me interested. Life time fee .. whose life time are we talking? Someone please educate me. I vacation during off season and don't use all my points. I want to rent the remainder of my points which would edquate to 1 week (2 bedroom) if I banked it. Thank you ... Ronni Walsh