Silver Lakes Vacation Club / Silver Lakes Vacation Club unreasonable with senior citizens
My in-laws are owners of a Silver Lakes timeshare. They are 87 and 83 years old on a fixed income. They have tried to sell their vacation club membership but have had no success. (One of the problems with selling is that Silver Lakes has to approve, and charges ridiculous fees for someone to buy the timeshare.) Every year the maintenance fee is raised. Many years there are expensive mandatory special fees. This has been a big money drain for this senior couple. This year Silver Lakes is charging them a mandatory $1500.00 special assessment as well as the annual maintenance fee. The Silver Lakes staff has told them there is nothing they can do to help them, that they signed the contract and will have to pay the fees or have their credit ruined.