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Re: Maintenance Fees (by R P.):

christopherl72 wrote:

Ok...i completely understand. I do however would like to compare These timeshare companies to the 2008 housing crisis in that those loan companies who preyed upon unsuspecting homeowners to refinance their homes and get swindled into signing these all interest loans or negative amorization loans etc...where the Gov't intervened and funded bail out plans...Those were all free will business pitch presentations as well. There is nothing available to help Timeshare owners as there was/is with bad loan deals. ok...I read this in one of the postings (it may have been from you) where a good strategy was to buy a timeshare resale because over time you are still getting the perks and customer service and saving money at only a fraction of the cost of buying a timeshare from the actual timeshare company. What chance do I stand if I wanted to sell my timeshare in 2018 for maybe $2k when the maintenance fees reach $1500-$1700 and I have a 2bd 2ba lockoff for 7 nights (floater)? Any info would be awesome!! Thanks

When you buy from a developer there is no way to recoup what you paid initially, because when you buy from a developer you are paying his overhead = what it cost the builder to build.

It's just too bad that you didn't know about resales before you signed on the dotted line to buy from a developer. The best thing you can do is either sell at a huge loss or use or continue to rent your units. At least you have willing renters .... all timeshare owners aren't so lucky.