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Original Message:

Re: Question about NO MAINTENANCE FEE Palace resorts in Mexico (by Kenneth K.):

I saw your post on the tugbbs. I think there are owners there that might be able to help if they see your questions.....but they may not see it for awhile.

If you can do a search on tug, then search for palace resorts. Maybe some of their posts will come up and you can PM the owners.

I thought you were buying from the developer. Please be careful...some of the Palave resorts ask for a fee of 10% of the original developer price of whatever you are buying.

I would still say no to her....there are tons of Palace resorts for sale....and when you learn ( and tell us what you found) then you could proceed with this type deal. My BIL was gyped at Palave (Mayan) and has a kind of deal where he also doesn't pay a maint fee unless used....but he ALWAYS has to pay an AI fee.

guys27 wrote:
mike1536 wrote:
I’ll be the first to admit I’ve never heard of this particular type of offer so I can’t address all your questions. Are there any hidden fees in the contract? Are you buying directly from the resort? Maybe the MF is rolled into the asking price. Maybe the all inclusive fees from the users are high enough to “cover” the MF.

Now onto RCI… First, you would still have to pay annual RCI fees (approx $90) and exchange fees ($169 domestic, $199 for international).

Secondly, since this is not an RCI Points resort, you would need to deposit your week with RCI prior to requesting an exchange and you have NO guarantee that RCI would be able to honor your request. There are many posts on this website telling of the frustrations of not being able to get desired exchanges; to be fair, it’s not just an RCI problem.

You may find it cheaper and more flexible to buy into a resort (resale) that uses a points system with a low MF. Also, buy a week at a resort where you would like to visit. If you cannot get a desirable exchange, you can at least go and enjoy your home resort. Good Luck

Thanks for your help. The owner told me the only cost besides closing costs is the purchase price. I would be purchasing it from the owner through the resale company where she has it listed. If RCI couldn't honor our exchange request and we don't use our deposited week at the resort itself what happens then? Do we just lose the week without having to pay anything to the resort? That's actually our main concern. If the exchange goes through then great but if it doesn't we are not really concerned with that being that we can just use an rci last call or extra vacation getaway in our area. We really just need to find out what happens if we can't get that exchange and don't use the week at all. Do we owe anything to the resort? We're not sure where or who to ask to find out that answer.