Original Message:
Re: Diamond Resorts reduces owner benefits again! (by Michael D.):
A comment to make to all of the 'Deeded Owners" converting to points is not in your interest.. The average annual fee's for Deeded Owners is $ 1400 while the same equivelant Points Fee's are like mine at $ 2100 for each week... They are telling everyone that the fee's for 2010 did not go up at all, well my bill went from $ 2,800 for 2008, 3,600 for 2009, and 4,200 for 2010... I expect by 2014 they will be $ 7,000 for our 2 weeks worth of points... How many of the Points Members will walk away from their investment which we paid over $55,000 in cash for, and how will that affect future Fee's if members walk away.... I was there for the Owners meetings this past week, Diamond would not allow me into the VOA meeting, and they were very hostile to the new "Deeded Owners" group... They actually followed Richard Batchelder and I around to listen to our conversation, it felt like being watched by organized crime... Frankly we are thinking about walking away from this if the fee's get much higher...