Archive for the ‘fees’ tag
Rising Maintenance Fees – Whose Fault is it Anyway?
Many current timeshare owners fell for the allure of hasty sales techniques and tricky mathematics. Timeshares can be an expensive learning lesson for those who get drawn in by the high pressure sales pitch. Being left with ever rising annual fees is something that is glossed over during the sales pitch because it is the weak point of timeshares and would burst the bubble of the dream that they are selling.
High-end Holidays or High-end Maintenance Fees?
Maintenance fees for timeshares continue to rise year after year. These fees are not fixed when people initially purchase a timeshare. In as little as two to three years, timeshare owners could be paying double or triple what they originally signed up for. Therefore, instead of saving money, timeshares can steadily cost the client more as time goes on. Also, members really don’t have much say in the management of their timeshare after purchase. So, changes in management, maintenance fee increases and deteriorating facilities are all possible varying factors.
Karina Geldner brings you the latest information on timeshares in Europe for owners and buyers.