Original Message:
why are timeshares selling for zero dollars??? (by R P.):
caroll217 wrote:Sadly, I paid a huge sum for my timeshare and now have an annual fee that is more than what the corporation usually rents unsold units for. Even sadder: the annual fee isn't being used to maintain the property. It's all going to a cozy group of developers who also control the timeshare owners association. Have you checked into your timeshare mgmt. lately? I'm at Steamboat Springs and I have major concerns.
Sadly, I'm afraid this is going become the norm in this economy except for highly sought after weeks in highly sought after locations.