Report Abuse - 67151

Re: Diamond Resorts enormously increases the cost of Maintenance/Reserves on their resorts.

[Q=joyceb120] I just looked at my statement from Diamond Resorts and I am not a happy camper at this point. The fees increased $42 from 2012 to 2013.. that isn't so bad. But today the fee is $1975.44 for 2014, an increase of $117 on 11,000 points. This is bad, very bad. They didn't warn me of this huge spike in fees when I was listening to the "Owner Update" in April. The salesperson asked us how we liked our timeshare. We said we loved it, and that we were very happy with the Club. I told her I could rent a week to someone else and have points left over to reserve our own vacation. She was not happy about that at all!! She gave me a remark of "oh, so you're a little travel agent at your kitchen table", etc. Then she basically threatened us, and said renting to others was against the rules, and that we could be kicked out of the Club and Diamond Resorts if we continue to rent out our timeshare weeks. (Yeah, we could be so lucky). And now our fees have increased.. I guess they want to be sure to get part of the rent money I'm raking in.. RedWeek.. did you know it's against Diamond Resorts rules to rent out our timeshare on your website? What a load of horse hockey.[/Q] Regardless of what Diamond may tell you - you need to go back to the deed and see what it says. My deed in a Resort that Diamond has since purchased, gives me the right to allow anyone to use my stays. The only restriction is that I have to be using the stay to get some owners perks, and that if I am not there, the usage has to be a full week. Read you deed and see if such rights are spelled out. If they are, Nothing that Diamond tries to change will hold up. The deed is the final authority, and when they purchased the property, they had to accept the deeds along with it. Also be watchful for the scam Diamond tried to pull on me. They gave a big presentation about how I should sell my points in the current system to them, and buy Diamond points instead. This was to give me access to hundreds of resorts, instead of the 20 in my current system. But the price to convert the ownership points to Diamond points was extreme. The scam is that they take the price they would currently sell my units for. (These are ocean from, guaranteed event week units in Daytona Beach. The highest priced units in the Resort.) They then subtracted what I had paid for the units, and expected me to pay the difference. By doing so, they were saying that they intended to STEAL the equity that they said had built up in my units. To my mind, if the units are now worth twice what I paid for them, then they are still worth twice as much when I sell them back to Diamond. And just as an extra kicker - the icing on the cake so to speak - after paying Diamond for what I already own - they offered no guarantee that I would ever be able to use my event week, after the exchange. This would then make the ownership worth $15,000 less - the difference between a high season event week, and just a high season week in the old system. My response to a similar threat from the Diamond rep at our meeting about rental of my units - If you don't like it, pay me the developer's price for the unit and I am out of here. Otherwise, shut up, as you can't do anything about it without me suing your but off. The deed is the deed, and they can't change that. --- I now have an appointment in Las Vegas to talk to Diamond about either converting or selling to them. INTERESTING DEVELOPMENT.