maint. fees payments

[1950bing Senior Member Find all posts View Profile Close 1950bing]

With the costs of maintenance fees increasing every year do you think the resorts would be open to the idea of twice a year payments ? You know, like they do real estate taxes ! It would be eaiser for people to meet the costs. People would not get hit so hard at Christmas ( Tax time just around the corner ) How about auto check deductions from an account each month? Maybe resorts could come up with a slight discount for auto pays. I'm just trying to come up with ideas to help owners pay the fees so it won't be so hard all at once. Some fees are quite high.

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

One of my resorts gives me the option to pay quarterly. I can deposit that week even if I haven't paid the entire annual fee as long as I am current.


I have no idea when my yearly MFs are due for the other 2 as I have always pre-paid them for early spacebank deposits. But the bills usually arrive at the end of third quarter.

One of those charges me $25 if I use a credit card but no add'l fee if I mail them a check.

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

Yes, we have that too at the Laguna Surf and we pay it twice a year at the Maui Sunset.

The small independent resorts are so much more user friendly towards their timeshare owners. JMHO.

[mshatty Super Moderator Find all posts View Profile Close mshatty]

Fairfield/Wyndham prefers automatic check draft monthly payments. If you choose any other payment method it has a small service fee.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

There are several resorts which have multiple partial payments for fees, some as often as monthly. I suppose it would be an advantage for the resort as well, giving them better cash flow. The Royals bill annually, but the payment due date is 60 days prior to the interval- giving them cash flow all year.

[ArtsieAng Super Moderator Find all posts View Profile Close ArtsieAng]

Hmmmm, the MF's at my resorts are all due in full, on Jan 1.....

I would love to be able to pay them monthly, or even bi-annually. It would make life so much easier.

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

Fairfield/Wyndham prefers automatic check draft monthly payments. If you choose any other payment method it has a small service fee.

Mike, I didn't know that. I take it back what I posted earlier.

[Keitht Super Moderator Find all posts View Profile Close Keitht]

Monthly / Quarterly / Half Yearly payments would smooth their cashflow, but would they want to take the hit on delayed payment in the first year? Conversely, would owners want to make payments early to ensure the full year had been paid by the original due date? Clearly something would have to give initially.
As the m/f for my resort becomes due in July it isn't as much of a problem as for those that fall in January.