| You're considering a timeshare for your next | | | | living in New York would make it very difficult to |
| investment, but you've just learned about | | | | supervise Tahoe timeshares, Orlando timeshares |
| additional charges called "maintenance fees." This | | | | or Las Vegas timeshares! The distance is too |
| frightens you a bit because it seems to be just | | | | great. |
| another add-on fee you'll have to pay. But | | | | Another benefit is you can cover many small |
| actually, maintenance fees can be a good thing. | | | | expenses in just one yearly payment. Instead of |
| Imagine buying a vacation home and being able to | | | | having different bills for services like water, phone, |
| pay a set yearly fee to take care of all | | | | cable, insurance, taxes and repairs, you can pay |
| maintenance and other expenses! That would be | | | | one yearly fee to take care of all these at once. |
| a dream come true, but it's usually not possible | | | | Don't be Afraid to Ask about Maintenance Fees |
| with normal real estate. With timeshares it is | | | | Before you buy a timeshare, be sure to ask |
| possible, and owners are benefiting every single | | | | about the maintenance fees. Find out what is |
| year. | | | | covered and what is not covered beforehand. |
| What are Timeshare Maintenance Fees? | | | | Also, be sure there are no other hidden costs. |
| Maintenance fees are paid annually when you buy | | | | Read your contract carefully. The company that |
| a timeshare. The fee may cover all or many of | | | | sells timeshares is responsible for including a |
| the following: timeshare maintenance, furnishings | | | | thorough description of what your fees will include |
| and carpet, property taxes, insurance, cable | | | | in your contract. Don't settle for anything less. |
| television, phone and utilities. Those who buy | | | | Even in a timeshare resell situation where you are |
| timeshares are financially responsible for the | | | | buying from another owner, be sure this |
| up-keep of the timeshare unit while the condo | | | | information is disclosed in the contract. Those who |
| personnel are responsible for the physical, or | | | | rent timeshares also have a responsibility to let |
| hands-on, up-keep of the timeshare unit. | | | | you know if there are other fees. So, always |
| Benefits of Timeshare Maintenance Fees | | | | read the fine print! |
| Probably the greatest benefit of timeshare | | | | Owning a timeshare is similar to owning any other |
| maintenance fees is you don't have to worry with | | | | vacation property. There will be additional costs |
| the up-keep of your vacation property. The | | | | any time you invest in a property, even if it's only |
| timeshare unit will be cleaned on schedule and | | | | for a space of one week out of the year. Think |
| receive repairs when needed - without your direct | | | | of maintenance fees as all your extra timeshare |
| supervision. Obviously, if you buy a timeshare far | | | | expenses in a bundle. It's a small price to pay for |
| away from your home, it would be very difficult | | | | peace of mind and a worry-free vacation! |
| to keep things running smoothly. For example, | | | | |