Cost of Timeshare Maintenance Fees

The number one complaint that timeshare owners have about their properties is the cost of timeshare maintenance fees. It is also the number one reason that people eventually decide to try and get rid of their timeshare, since these fees often tend to go up and rarely will go back down once they do.

Maintenance fees are exactly what they sound like – money that is used to maintain a timeshare property. They can be used for routine maintenance, landscaping, pest control, utilities, and other everyday costs of running a timeshare. They also sometimes include special assessments, which are tacked on to maintenance fees to update facilities and amenities and for repairs not covered by insurance. Developers usually assess and announce these fees at the end of each year and divide them among all owners of the property.

While they are a necessary part of timeshare ownership, the cost of timeshare maintenance fees are what tend to cause people to get angry because they are often a guess of what things will cost for the next year and often tend to go up each year. Maintenance fees vary depending on the type of timeshare you own and how many weeks you have purchased, and can be as little as $100 or as much as several thousand. Since these are rarely covered in detail during timeshare sales presentations, new owners are often surprised when they receive their first bill. Failing to pay timeshare maintenance fees can result in timeshare foreclosure and serious damage to your credit, which is why many people often choose to get rid of their timeshare before they get in over their head.

If the cost of timeshare maintenance fees has gotten to be more than you can handle, or you can no longer warrant paying these fees for a property you rarely get to use, we can help. The timeshare resale companies we proudly recommend have been helping timeshare owners just like you get out of their timeshares for several years. These highly rated and reputable professionals can assess your timeshare and recommend the best way to sell your timeshare quickly in order to avoid having to pay any future fees or assessments on your property, and they do so without charging any upfront fees. This means that you don’t owe them a dime until you no longer have possession of your timeshare and your satisfaction is 100% guaranteed!

Our consultation is absolutely free, so you have nothing to lose when you contact one of our experience timeshare resale specialists. They will review your situation and recommend the best timeshare company to suit your unique needs. The road to timeshare freedom is only a click away!

 

Sick of Maintenance Fees for Timeshares?

One of, and possibly the most complained about hidden evils of owning one of these vacation properties are maintenance fees for timeshares. They are rarely ever mentioned during the persuasive sales presentations that rope buyers in, and if they are it is never mentioned that these “necessary costs” tend to go up each year and rarely ever go back down. Because of this, many timeshare owners find themselves scrambling to sell their timeshare in order to avoid having to pay these outrageous fees year after year.

Maintenance fees for timeshares are exactly what the sound like. They are fees assessed in order to maintain the timeshare property and pay for costs like pest control, landscaping, utilities, cleaning, amenities, and much more. They also often contain special assessments that are used for unforeseen and irregular costs like unit upgrades and building repairs. However, while these fees are necessary to keep timeshare resorts clean and functioning for its owners, these costs tend to go up each year and rarely go back down. So much so, that even though maintenance fees on these properties can start out as low as $50 a year, they often average as high as $800 a year for high end units.

If you are sick of paying expensive maintenance fees for timeshares, there is hope for you! We know how frustrating owning and selling a timeshare can be, which is why we have taken the time to do the research for you and bring together the industry’s most successful and reputable timeshare resale companies to serve you in one convenient location. These companies have been helping timeshare owners like you get rid of their timeshare for several years and put their resources to good use for you. They handle all aspects of your timeshare resale and don’t charge upfront fees for their services, which means you don’t owe them a dime until you no longer have possession of your timeshare.

Never pay maintenance fees for timeshares ever again! Simply contact one of our timeshare resale specialists to learn more about how the companies we proudly feature can help you get rid of your timeshare once and for all without charging upfront fees!

Timeshare Industry News – Collection Agency to Educate Timeshare Developers and Operators on Maintenance Fee Collection Practices

Nov. 1, 2011 – In order to help timeshare operators and developers keep better tabs on maintenance fees and build strong portfolios, a leading collection agency is reaching out to timeshare companies in order to educate them on how to collect and enforce their payment requirements from owners, including mortgages and maintenance fees.  Aspen Collection Agency will be offering advice and tips to industry figures like timeshare HOAs, managers, developers, operators, and pretty much anyone else who has vested interest in protecting their portfolios and collecting from owners.

In a timeshare market where more people are trying to get rid of their properties instead of buying them, it makes sense that timeshares would want to protect their interests and crack down on making sure their owners pay their mortgages and maintenance fees. A common practice among disenchanted timeshare owners is to just stop paying on properties they get little use from, but many have found out the hard way that this is can often lead to costly timeshare foreclosure and extensive damage to credit.

However, it seems that timeshares are still more interested in getting paid than restoring to foreclosing on unpaid properties. The new information they are being offered by the Aspen Collection Agency is designed to teach them how to collect, and not foreclose.

If you are behind on your timeshare payments, even if you intend to or are currently trying to get rid of your timeshare, it is important to square up on your past due bills. As is apparent in timeshares reaching out for better collection methods, they want you to keep your timeshare. Ownership is at an all time low, and the last thing these companies want is to lose more timeshare owners. Many will work with you in order to get you current on your timeshare in order to avoid the lengthy foreclosure process and lose another owner.

Once you have worked out a new agreement with your timeshare, you no longer need to worry about the hassling collection calls that will soon be coming and you can take a broader view of your property and decide if you want to keep your property or sell to make more room in your budget.

The Aspen Collection Agency is known in the industry for using firm, aggressive tactics to “remind owners of the value of their timeshare” and collect on past due bills. With more developments beginning to learn and utilize these tactics, you will want to get current on your timeshare as soon as possible and then decide the next logical step for you and your family.

Don’t Pay Timeshare Maintenance Fees Again!

The number one reason that timeshare owners give for wanting to get rid of their timeshare is maintenance fees. These assessments have the tendency to surprise people each year, because they always seem to go up as timeshare usage goes down. Many owners often feel that they don’t want to pay timeshare maintenance fees, but doing so may result in foreclosure of your property and devastate your credit. In order to stop paying maintenance fees you must get rid of your timeshare, and selling is often an option that many choose.

Dan Connelly’s Quick Tip: Did you know that selling a timeshare often beats donating or giving it away? – click here to see why this is true for most people.

Maintenance fees are exactly what they sound like – fees that are used to maintain the timeshare and the property grounds. Generally, they are determined by the developer or HOA each year and then split between all the owners. Depending on the number of owners and the cost of upkeep, these fees can swing drastically each year and often tend to increase without ever going back down. Even if you have paid off your property, you still have to pay maintenance fees. Over the course of your timeshare ownership, it is not unrealistic to pay more in fees and interest than you did for your property. If you don’t want to pay timeshare maintenance fees anymore, there is hope for you!

Getting rid of your timeshare is the only way to stop paying these fees once and for all. In order to help you sell your timeshare and avoid paying these fees, we have gathered the most successful and reputable timeshare resale companies in the industry. They can assess your situation and determine the best way to sell your timeshare quickly, in as little as 24 hours in some cases, to stop timeshare maintenance fees now. The companies we recommend handle every aspect of your timeshare resale, including communication with your developer, transferring your title, and everything else in between. To top off their extraordinary services, they never charge upfront fees. You don’t owe them a cent until you no longer have possession of your timeshare property unlike many other timeshare resale companies that require you to pay first for services they can’t guarantee.

Don’t pay timeshare maintenance fees ever again! Contact one of our timeshares resale specialists to start the fast and easy process. They will personally review your request and then match you with the company that can best serve your unique needs. From then on, if you choose to accept the no-pressure offer presented to you, just sit back and relax knowing you will soon be free of your timeshare and the expensive fees associated with it for good.

How to Get Out of Timeshare Maintenance Fees

One of the most stressful and frustrating aspects of owning a timeshare is paying maintenance fees on the property. These pesky assessments are often played down by sales people during presentations, leading many new owners to become surprised when their fees go up each year. This leads many to look into how to get out of timeshare maintenance fees and save money.

Unfortunately, there is no way to own a timeshare without paying these fees. These fees are used to maintain the property throughout the year and are assessed by the developer or HOA on an annual basis based on what needs to be done, what current costs are, and if there are any special assessments that need to be made. Once the have an idea of how much these will cost, it is split between all owners. Depending on how many owners currently own properties and inflation, these fees often tend to go up each year and rarely go back down again.

Many owners, especially those who have paid off their mortgages, think they can just stop paying these fees. Do not do this! Failure to pay on any portion of your property, including maintenance and special assessment fees, will result in foreclosure! Timeshares are subject to the same laws as any other piece of real estate and can be foreclosed on and affect your credit the same way a home foreclosure would. If you are wondering how to get out of timeshare maintenance fees, there is only one way: get rid of it. Selling your timeshare is the only way to avoid having to pay these fees on your property in the future, and rising maintenance costs are the #1 reason that people choose to sell their properties.

If you want to get rid of your timeshare and these fees once and for all, we are here to help. We created TimeshareSecrets.com to get owners just like you in touch with timeshare resale companies that can help you sell your timeshare fast, fairly, and with as little hassle as possible. We have gathered the most successful and reputable timeshare resale companies in the industry, such as GivebackTimeshare.com, so that they can easily provide their exceptional services to you. When you choose to work with one of our recommended companies you can rest assured that you are on your way to complete timeshare freedom. They handle every aspect of your timeshare sale, from communicating with our developer to the transfer of your title – all without charging upfront fees for these services! And if they can’t help you get rid of your timeshare, they will help you find someone who can. You won’t find better services or offers anywhere else.

Contact one of our timeshare resale specialists today to learn more about how to get out of timeshare maintenance fees once and for all and to begin our no-hassle, pressure-free process to get rid of your timeshare today!

Not Paying Timeshare Maintenance Fees? Don’t Risk Timeshare Foreclosure!

It is not uncommon for timeshare owners to find themselves second guessing their property purchase once it becomes clear to them that they cost more to own than they first realized. This is mostly due to the rising costs for maintenance fees on the property, and many owners simply decide that not paying their timeshare maintenance fees is a good option. While this may not seem like a big deal, especially if your timeshare is paid off, you should never let your timeshare maintenance fees get delinquent because it will lead to foreclosure of your timeshare property!

Timeshares are subject to the same laws as real estate, and failure to pay on any part of the property, including maintenance fees, can result in property foreclosure. Even though you don’t own your property outright, it can still affect your credit the same as a home foreclosure if you stop paying your maintenance fees!

If you have found that your fees have gotten out of control and you no longer want to pay them because you don’t use your property or you can no longer afford them, not paying your timeshare maintenance fees is not the answer. The only way to get out of your timeshare, stop paying fees, and avoid timeshare foreclosure is to sell your property. Here at TimeshareSecrets.com we know how important it can be to get rid of your timeshare fast, especially when the possibility of foreclosure is looming. That’s why we have gathered the most successful and reputable timeshare resale companies to best serve you. These companies have years of experience helping weary timeshare owners just like you sell their timeshares fast – in as little as 24 hours in some cases.

All you have to do is contact one of our timeshare specialists. They will personally review you case and recommend the best company to serve your unique needs. These companies will assess your property and make you an offer. There is no pressure to accept the offer, and if they are unable to sell your timeshare they will refer you to someone who can provide you with the services you need. And best of all, they offer all these exceptional services without charging any upfront fees the way many other timeshare resale companies do. Where else will you find an offer this safe, secure, and successful? Your satisfaction is guaranteed!

How to Stop Paying Timeshare Maintenance Fees Now!

Timeshare ownership can be a great experience for many families. While others complain of the endless loopholes that keep them from enjoying their property, plenty get great use out of their timeshare and feel like they got a good deal. However, one thing that most timeshare owners can agree on is that timeshare maintenance fees can be outrageous, and despite the value the property has to the family, they can often be a deal breaker when deciding whether or not to keep the timeshare.

Timeshare maintenance fees are the hidden evil of owning one of these properties. They are hardly ever gone over in timeshare sales presentations, because if the salesperson was up front about these cost they would never sale another timeshare, and many buyers do not even realize the burden of these fees until years into what could otherwise be a happy purchase.

Maintenance fees are exactly what the sound like: monies used to maintain the property and keep it in excellent shape. This may not sound like something crazy, since it can be expected that these properties will need routine maintenance and upkeep since they get used heavily by many different people. Generally, timeshare maintenance fees are spilt between owners to cover the cost of utilities, repairs, upgrades, and other costs associated with running a luxury resort. However, what many timeshare owners or potential buyers don’t realize is that these fees are determined by either the developer or the HOA on an annual basis, and that these governing bodies can raise maintenance fees at any time to cover new costs and inflation since maintenance fees are NEVER fixed rates. This means that even though your maintenance fees may have only been a couple hundred dollars for the year, it can (and will) increase each year until you find yourself paying thousands of dollars for a property you only use for about a week a year, assuming you only use the unit you purchased and at the time you are allowed to use it in order to avoid transfer or exchange fees.

These stipulations can add up, quickly making what seemed like a great deal a huge hassle and drain on your wallet, and the only way to stop paying timeshare maintenance fees is to get rid of your timeshare and legally transfer the contract to someone else, leaving many timeshare owners scrambling to get rid of their timeshares and ditch their mounting maintenance fees.

If you are trying to sell your timeshare to free yourself from fees, TimeshareSecrets.com can help. We have brought together the most ethical and reputable timeshare resale and assessment companies, as well as trusted legal sources, to provide honest and efficient service to those in need. Our companies work with a variety of resorts to provide fast and effective service to owners trying to get out of their timeshare agreements, and all without charging upfront fees or using deceiving gimmicks. We know how stressful trying to sell a timeshare can be, so let the trusted professionals do the work for you.