Attend a 90 Min. Resort Vacation presentation and receive a discounted boat ride on Lake Tahoe. Day 1. Presentation took 3.5 hours. We bought 2,500 points for $9,850. With Interest comes to $21,548 $720 in fees to process monthly payments 10 yrs of HOA Fees of $7,850 for a total of $30,118. For the first 10 years of 1 week use a year Lodging only, comes to $3,000.
On Friday (day 8) my accountant presented me final assessments of 2011 Federal Returns Utah & California Returns. These assessments totals comes to 18 months of my annual retirement income. Day 10 I sat down to read the almost 100 pages of documents, and 3 large Resort books. I was told in the presentation that my points were good in 250 Branded Resorts located all over the world. 2,500 points gets me into only 63 locations, and those during off season times, and of the 63 locations about 20 of the locations are in the Baltic regions or lessor locations in Europe. The transportation costs to these areas are huge!
The guppie (Me) E-Mailed a letter to the "Shark" Stephen J Cloobeck Chairman of Diamond Resorts International, even if I paid the costs expended by the company, it seems that letting me out of my little contract and destroying my Retirement will deny Mr Cloobeck a dinner or 2. Do not become "Bait" for the "Shark".
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