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#1 |
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TUG Member
BBS Reg. Date: Jun 6, 05
Posts: 115
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Villas at Treetops (Poconos) - 2006 fees
I have a 2 bedroom lockoff unit and called to verify the fees for this year. It was a bit of a shock that the fees have gone up from about $523 to $560. That's over a 7% increase of about $37 dollars!! They claim taxes, insurance,and unit refurbishments are the main reasons!
Anyone else out there own at this facility! Reactions? |
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#2 |
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Guest
BBS Reg. Date: Jun 6, 05
Posts: 300
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My 2 bedrooms in Atlantic City went from $500 to $550 (10%). The gave the same reasons: insurance, tax and maintenance. However, the last increase has been more than 10 years and no special assessments during that time.
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#3 |
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TUG Member
BBS Reg. Date: Jun 6, 05
Posts: 115
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I'm a relatively new owner. I called and asked for a history of fees for the last 3-4 years. It was shocking to see the pattern of increases. If I had known they were raising fees an average of 7-8% per year, I doubt I would have bought - even resale!
Here is what I found out for my 2 bedroom lockoff: 2003 - $454 2004 - $489 2005 - $523 2006 - $560 That's an increase of over a hundred dollars in the last THREE years!! Last edited by Cayuga : January 27, 2006 at 08:21 PM. |
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