By Noah Belachew | Content Writer
Timeshare Maintenance Fees are payments that timeshare owners must make periodically.
The payments vary based on the resort or developer, but most are either paid annually, monthly, or quarterly.
Timeshare Maintenance Fees are used to cover updates to the amenities and accommodations, as well as paying the employees.
If you don’t pay the fees, you’ll default on your ownership, and your credit score will be hurt. Plus, defaulting on your ownership will show up on your credit score.
Many resorts and developers will buy the timeshare back from you directly! You can also try the resale market.
The secondary market gives you plenty of control over how to handle your timeshare. You can decide the price to sell your timeshare for, set the terms, and ultimately choose who the timeshare goes to.
FREA has 20 years of industry experience and an A+ rating with the Better Business Bureau, so we’re a trustworthy, credible authority in the secondary market.