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Appropriate Maintenance Fees
As one who has yet to buy a timeshare, the one thing that really makes me uneasy is the fact that I am agreeing to pay maintenance fees for as long as I own it. The MF is known at the time of purchase, but there is no guarantee it will remain at that amount in the future. There is no cap on fee increases and there is always the possiblity of a special assessment.
I understand that maintenance costs can vary widely depending on where the resort; is there a beachfront, golf course or other high maintenance amenities. This is especially true in Hawaii, an area we are very interested in.
How do you determine if the MF of a resort is appropriate?
Are there any resort chains that are especially good, or bad, in this category?
Thanks in advance,
Bob
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