Original Message:
Diamond Resorts enormously increases the cost of Maintenance/Reserves on their resorts. (by Marilyn J.):
Our family bought a number of timeshares from Sunterra. Their time share fees were stable and moderate. Sadly, they sold to Diamond resorts... an organization with an aggressive sales force that unmercilessly browbeats time share owners with schemes designed to gain ownership of individual time shares in return for points. Of course... you still pay a maintenance fee on your now... non-existent timeshare.
In 2008 they increase fees From $788 to $1100 dollars a year... an increase of about 35 percent. In 2009... more hefty fee increases were executed. As a result... at Powhatan Plantation, Green Springs and other Diamond Resorts locations... people are selling their time shares for $0.00. If one pays the yearly maintenance fees... you can get a time share free. I feel sure Diamond Resort is gobbling up these units to increase the number of units available for rental. After all... they can forgive the yearly charges.
This is a dishonest/high pressure company. I would advise anyone never to do business with Diamond resorts.