Storm damage is a terrible thing and it can affect any geographic area, where your home is located as well as the region of your timeshare resort. While in the first case, the storm threatens your living circumstances, storm damage to your timeshare can be just as worrying, but in a different way – what timeshare owners are mostly concerned about in the case of storm damage sustained by their timeshare is whether they will be able to use the timeshare during their vacation and whether the maintenance fees will increase.
Unfortunately, there is not much that you, as the timeshare owner can do about the damage. Whether your time slot will be affected depends on when the disaster happened, how severe it was and how fast the resort can be reconstructed. The increase in maintenance fees is not really under your control – the amount you will be required to pay depends on the extent of the damage, on the availability of labor in the area and on the insurance coverage that your timeshare owners association has. If you want to get rid of your timeshare after the reconstruction is complete, you might be in luck, for some buyers are looking specifically for refurbished timeshare units, so a devastated timeshare is not necessarily a tragedy, talk with Timeshare Termination Team to discuss all the options.
Originally Posted here: What to Do If Your Timeshare Is Damaged in A Storm
No comments:
Post a Comment