ED Magedson – Founder
Diamond Resorts International10600 W Charleston Blvd Las Vega, Nevada USA
Diamond Resorts International Overpriced Timeshare, High Maintenance Fees, Perversely Persistent Corporate Staff Las Vegas Nevada
Before you consider purchasing an overpriced product, know that, according to Wikipedia, http://en.wikipedia.org/wiki/Diamond_Resorts_International, "Diamond Resorts has a policy of not allowing points owners to forfeit their points when they are not able to pay the maintenance fees that increase every year. Some offer their points for a dollar or less on eBay just to avoid the fees." I say again, for a dollar or less. The maintenance fee on only 7,500 points is $1,500/year.
Wikipedia also correctly states, "A" Better Business Bureau rating, even so Diamond Resorts International does not have Better Business Bureau accreditation. Please be aware that Arizona Toursim Center is the marketing arm of Diamond in Sedona which offers enticements to attend a Diamond timeshare sales presentation.
It is our strong recommendation that no potential buyers sign any contract with Diamond unless 1) you are thoroughly convinced that you want to waste your money on an overpriced product with high maintenance fees or 2) you will take time to review all documents and make a decision within in the very short contract rescission period - 7 days in Arizona. [continued below]....
Diamond will not permit contract rescission beyond the stated rescission period. We requested contract rescission 72 hours after the rescission deadline and were rebuffed at every level, from Chairman of the Board, Stephen J Cloobeck's office down.
This report was posted on Ripoff Report on 03/13/2014 06:30 AM and is a permanent record located here: http://www.ripoffreport.com/reports/diamond-resorts-international/las-vega-nevada-89135/diamond-resorts-international-overpriced-timeshare-high-maintenance-fees-perversely-pers-1130384. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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