Wyndham Resorts is planning a major overhaul, and you're paying for
it. 14 of Wyndham's older resorts (Fairfields mainly) need to have major
work to revitalize them. Remember when the salesman promised you that
the maintenance fees would keep the resort looking as good as the day
you toured it. That was a lie.
Every resort can set a special assessment against the owners. Whether the resort is damaged by a natural disaster or the buildings are old and worn. If the resort wants to rebuild, you, as an owner will be assessed your share.
This could be a major expense,
if your home resort has a large percentage that doesn't pay their dues,
guess who gets to pick up the balance. And if you have 14 home resorts,
wow.
If your salesperson omitted telling you about
special assessments you could get out of that contract, by filing
against the timeshares Errors and Omissions Insurance. Email me at
timesharetricks@gmail.com
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