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Re: Why does Maintenance Fees increase? (by Donald D.):
jayjay wrote:Rising yearly maintenance fees and possible special assessments you never hear about in developer presentations.On another forum that relates to a higher end timeshare resort, the maintenance fees and special assessments amount to $2500 for 2009 and this is after people have paid big bucks for the week in the first place. There's not a place on this earth that is worth that kind of money for one week of timeshare.
jay jay... your TWO points are absolutely true. Your first point MAY be the START of our Plan. At least it may help New Buyers (of Developer Units) to ask better questions than I did when I made initial purchases.
Suggestion: INCIST on the Developer providing an "Audited Statement" of the TOTAL actual Units, the number of Unit-Weeks that the developer INTENDS to Sell and finally a "Budget".... Unfortunately, there is no point to ask these details FROM Resale Owners.. because that information was never given to them.