Maintenance Fees

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Original Message:

Re: Maintenance Fees (by KC):

dianeg409 wrote:
We pay almost $1000.00 annual maintenance fees for our points timeshare deeded at silver lakes Kissimmee it is over 10 years old there are a lot of complaints online re: silver lakes, dated, bed bugs, cleanliness, poor amenities. When we bought, this was a top range RCI resort as far as I know this is no longer the case. The maintenance fees have almost trebled since we purchased however quality especially on older units has dropped where is my maintenance money being spent!

I don't claim to know your resort or anything at all about it, but only your HOA can knowledgeably answer your question. Doesn't your HOA provide you with annual, detailed, itemized budget reports and financial statement and financial projections for repairs and updating of furniture, appliances, HVAC, etc.? They should. If they are not doing so, they are outright negligent in failing to provide you with all of the information to which you are routinely entitled as an owner supporting the place.