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Fairmont Rancho Banderas Time Share Fraud (by Allan J.):

Glad to hear you are happy with Rancho. I also "was" an owner. You are right, it is a beautiful resort. It's to bad the owners had to resort to lying about cashback refunds to get people to buy in. Also, when I purchased my time the maintanance fees were only about $130 a year. After they were sold out they raised them to $700 a year. This after they said they could only go up a certain percentage per year. They are liars and scammers. And as for it being easy to resell your time that is a crock. I sold mine for the $700 maintanance fee just to get out of it. That is a $12,300 loss for one trip there. Timeshares in general are a bad investment. Before anyone is stupid enough to buy one they need to talk to people who have them or go online and check out sites like this one to check reviews. You can vacation a lot of different places for the same or less money that what Rancho costs!