| Subject: Re: Time Shares |
|
Joan,
I just did a quick search for condos in HH. For about
$540,000 I found amazing waterfront, designer furnished,
2000 sq. ft 3 bd. 2.5 ba. end unit. With a rental office on
location. Maint. ( regime) fees $155 per month. There of
course would be property tax, but also there would be
mortgage interest deduction on your income taxes as well.
You could probably finance this at about $2600 a month with
little down, and if units really rent at $1600 a week in the
area you would be in the positive. A quick search for rental
condos in HH showed many locations priced much, much lower
than $1600 per week making me wonder if that is a realistic
figure.. I would run not walk away from such a great deal on
the TS. The "free golf" offer is nice but not if you are
paying for it with your maint fees.
Regards, David |