We bought our timeshare when our children were little in 1985. We bought close to home in Flagstaff, Arizona. We used the timeshare every year to go on great skiing trips. All our girls soon learned to ski by age six. Our ski passes for the week for the family were just $99!! Fairfield owned the mountain so they were able to pass along the great price. It was a great time for family bonding and making memories.
After about 4 years, Fairfield sold the mountain and our great prices on lift passes stopped. The condo was still fun for us, so we continued going to Flagstaff. We also went to Pagosa Springs in Colorado and to Brian Head, Utah. This coninued through the time our eldest daughter went to Northern Arizona University in Flagstaff. It was perfect.
When Fairfield sold all of it's units, the maintenance fees started to escalate. When we first bought the timeshare, maintenance was about $100 a year. It progressed to rise yearly. The maintenance fees now are $470 per year. I know some people think this is quite reasonable. However, my husband and I no longer ski as much as we'd like. Our children have busy lives and have no interest in skiing in Flagstaff.
We are currently being harrassed by a collection gepany for the amount due on the maintenance fees, plus late charges. it is about six months late and we were told we owe almost $700. We were also informed that we will owe maintenance fees on this prized piece of timeshare for more than the rest of our lives. Yes, even when we die and leave it to our children, they will have inherited our debt. Worse yet, when our children are dead, our grandchildren will inherit this burden.
I hope this is not true. I cannot find anyone who can prove this bit of information to be true or false. If you know the answer, I would love to know what it is. I would also be very happy to sell this timeshare at a very reasonable price, literally, almost free.
Thanks for reading.
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