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Travel Discussion
Reply to "Timeshares are they worth it?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What are these taxes and fees that people talk about? We are looking at Hyatt Residence Club.[/quote] Maintenance Fees Special Assessments Utilities Taxes [url]https://www.nolo.com/legal-encyclopedia/can-timeshare-be-foreclosed-nonpayment-fees-assessments.html[/url] [i]Timeshare properties also often charge owners for utilities. Some places will add up how much electricity you use and bill you for it at the end of the week. This cost can get expensive in tropical beach locations where you'll run the air conditioning all week or in cold locations, like at a ski condo in winter, where you'll have to turn the heat up.[/i][/quote] ok, I read this... it looks like a condo which is where we live, so we are used to it. the difference, as I see it, is that the sums involved are so much smaller. I see how you can lose money and not utilize this, but the investment is not huge so the loss very limited.[/quote]
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