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2008 Maintenance Fees (MERGED THREADS)

winger

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We just received our 2008 MF for Manor Club.

Total fees $845.00

Operating fees 547.26
Replacement Reserve 238.00
Property tax 59.74

Is the replacement reserve a one time fee? I hope so, or we'll have to start selling some of our TS, won't be able to keep up with the MFs.
I just received mine. How nice NOT to even have a written explanation of the increase and considerations that went behind it, just the detailed itemized listing of all costs for upcoming year.
 

winger

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Kauai Marriott (2BR)

2008 Operating Fee $1238.33
2008 Reserve Fee $270.12
2008 Special Assessment Fee $216.08
2008 Property Tax Fee $108.04

Total $1832.57
...
All I can say is WOW ! And it's gonna hit $2000+ in one or two more years : (
 

AMJ

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Harbour Point


2008 Operating Fee $543.96
2008 Reserve Fee $115.00 (Surcharge)
2008 Reserve Fee $234.68
2008 Property Tax Fee $49.16

Total amount $942.80

Joyce
 

gmarine

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The increase at MMC is ridiculous. Around a 350% increase in the amount of the Replacement Reserve fee? And with no explanation.

If this is actually what is needed then there has been serious mismanagement in the past.

I wouldnt be surprised to see a large increase in units put up for sale. And I wont be surprised if resale values trend downward after trending upward the last year or so.

I'm gonna waste my time by calling managment for an explanation and will post what answer I get.
 

LAX Mom

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Marriott Summit Watch 2008

Replacement Reserve 220.00
Property Tax 79.82
Operating Fee 683.12

Total 982.94
 
Last edited:

mjkaplan

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Lawrence Welk Resort, San Diego, CA
Marriott's Desert Springs Villas II , Palm Desert, CA
Shadow Ridge for 2008

Shadow Ridge

Interval Description Due Date Amount Due

2008 Operating Fee $746.36
2008 Reserve Fee $134.56

Total amount $880.92

last year was $828.59
 

winger

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I'm gonna waste my time by calling managment for an explanation and will post what answer I get.
tell me what # I can call...I will waste my time as well next week. u may email me (vs pm'ing) if u wish
 

tarob42

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Maintenance Fees/MMC

Please post a phone number or email address so we can all contact management. I think the increase is ridiculous. We have owned at the Manor Club for about 4 years and when we first purchased it the fees were under $600.
 

Dave M

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Log on to your account at www.vacationclub.com. All of the contact info - including resort contact info - is on the site.

However, simply complaining that fees are too high will get nowhere, especially since owners like us who are on the Board of Directors are involved in setting those fees. Instead, someone here who visits the resort should attend an owners' seminar (held weekly) and ask questions about the budget to understand the reasons for the increase. Then that person should report here for all to have the same info. Only then can a reasonably intelligent complaint be made - complaining about specific out-of-control aspects of the budget, if there are any.

The person most familiar with the budget is the General Manager. I have had great success at each of my Marriotts contacting the GM in person or by phone and discussing budget details and other areas of concern, sometimes following up on specific issues aired in this forum.
 

mpizza

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Fairway Villas at Seaview

2008 Maintenance Fees

Operating Fee $649.65
Replacement Reserve 155.00
Property Tax Fee 69.28

Total $873.93

6.1% increase or $50.25

Interesting, upon analyzing the numbers, the actual Operating and Reserve Fee increased by 11.8% or $84.97, but were offset by a decrease in property taxes by 33.4% or $34.72 (in New Jersey?).

The bulk of the increase seems to be the Reserve Fee up 34.8% or $40.00. It's my opinion that with experience Marriott has learned the preliminary Reserve Fee wasn't sufficient to maintain their resorts to Marriott standards.

Maria
 

Icarus

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Kbc 1br 2008

KBC 1BR, Due date 1/15/2008

2008 Operating Fee: $1125.75
2008 Reserve Fee: $245.56
2008 Special Assessment Fee: $196.44**
2008 Property Tax Fee: $98.22

Total amount: $1665.97

** Installment 3 or 3. (final installment of the KBC 3-part SA).

Excluding the SAs, the total fee increase is approximately $100. 2007 had installment 2 of 3 plus an additional SA for extraordinary repair costs of the storm drain damage. Thus, the total amount due is less than the total amount due in 2007.

-David
 

Icarus

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All I can say is WOW ! And it's gonna hit $2000+ in one or two more years : (

We already paid over 2k last year, but that included 2 SAs. Without the SAs, they still have several years to go to get there.

Remember, deduct the SAs to arrive at the actual total MFs.

-David
 

aka Julie

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Shadow Ridge (platinum)
Barony Beach

Haven't received statement in the mail, but checked on-line today and the info is finally available:

2008 Operating Fee: $645.00 (+$38.26 over 2007)
2008 Reserve Fee: $165.00 (+ $10 over 2007)
2008 Property Tax Fee: $85.00 (+$2 over 2007)

Total: $895.00 (increase of $50.26 or 5.9%)
 

turkel

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Marriott Shadow Ridge
Marriott Grand Chateau
Shadow Ridge

Interval Description Due Date Amount Due

2008 Operating Fee $746.36
2008 Reserve Fee $134.56

Total amount $880.92

last year was $828.59

Add to that the $150.74 in property taxes and you get $1031.66. Riverside county must love these timeshares. Take the $150 X 52 =$7800 per unit at a tax rate of 1.1% Riverside county is totally gouging timeshare owners. I don't think paying property taxes separately is good for timeshare owners.

Pam
 

Lydlady

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Add to that the $150.74 in property taxes and you get $1031.66. Riverside county must love these timeshares. Take the $150 X 52 =$7800 per unit at a tax rate of 1.1% Riverside county is totally gouging timeshare owners. I don't think paying property taxes separately is good for timeshare owners.

Pam

UGH, you would have to remind me. I had totally forgotten about that. :wall:
 

AMJ

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Cypress Harbour
Sport Season

2008 Operating Fee $529.40
2008 Reserve Fee $195.00
2008 Property Tax Fee $113.23

Total amount $837.63

Joyce
 

sage

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Grand Chateau

3 bedroom lockoff - every year

International Service fee $34.50
Operating fee $980.82
Reserve fee $214.88
Property tax fee $70.04

TOTAL $1300.24


What ever is the International service fee for?
Is it for postage because they sure don't send us much - probably 2-3 letters a year and that definitely won't cost $34.50 in postage:shrug:
 
Last edited:

abouna

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Maui Ocean Club just in

$1396.00 one bedroom

Only up about $60.00 from last year. I was scared after seeing the Kauai jump!
 

MOXJO7282

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Maui Ocean Club (Old Tower) 2 Bed OV

2008 Operating Fee $1311.53
2008 Reserve Fee $131.26
2008 Property Tax Fee $88.42


Total $1531.21

up $61.21
4% increase





Regards.
Joe
 

Docklander

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Maui Ocean Club (Old Tower) 2 Bed OV

2008 Operating Fee $1311.53
2008 Reserve Fee $131.26
2008 Property Tax Fee $88.42


Total $1531.21

I don't understand how the newer units at Maui Ocean club can possibly require a higher reserve fee than the older ones (and for that matter cost more to operate). Surely the older ones will need more doing to them and sooner....any ideas how Marriott (or the HOA) calculate these?
 

sdtugger

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I don't understand how the newer units at Maui Ocean club can possibly require a higher reserve fee than the older ones (and for that matter cost more to operate). Surely the older ones will need more doing to them and sooner....any ideas how Marriott (or the HOA) calculate these?

The MF for the new towers includes the base MF plus a percentage (my memory is something like 20-25%). So, it looks like the new towers will always have a higher MF. There are appliances in the new units that could account for some of that. But, I don't know how much.
 

Dave M

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If planned correctly, the reserve fee should be set at a level so that nominal increases each year to that portion of the total fee will be enough to pay for all capital items as the need arises - forever. Thus, in theory, rising inflation would mean that the reserve fees for the two separate MOC sections would now be identical. The fact that it's higher suggests that the new section is a bit fancier and/or has more items (bigger floorplans?) than the old that will need replacing.
 

travelinmom

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Another shocked MMC owner

I was shocked when I opened my MF bill for Manor Club Sequel. If there had been something to explain it, the shock may have been reduced. I think the board owes us an explanation. My Ocean Watch fees are only slightly higher. I expect $800+ at a beach resort where there is more wear and tear, not at a golf resort. Is there any way we can send a group letter to the board?

Amy
 

cp73

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DSV 1
Kauai Marriott (2BR)

2008 Operating Fee $1238.33
2008 Reserve Fee $270.12
2008 Special Assessment Fee $216.08
2008 Property Tax Fee $108.04

Total $1832.57

That equates to $261.80 per night. It kinds of makes you start wondering if owning a timeshare is worth it. All the hassles of reserving the week you want, then praying you get the view you want. That doesn't include the lost opportunity costs from your investment.
 
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